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Ajman Free Zone (AFZ) Business Setup Services

Business Formation in Ajman Free Zone

One of the known UAE free zones that conduct industrial activities is Ajman Free Zone Authority (AFZ) that was established in 1988. This has greatly affected the UAE economy as it helped in driving investors to carry out an Ajman Free Zone business setup. AFZ has a lot of businessmen carrying out Ajman Free Zone company formation as they continue to develop their infrastructure.

The growth of the free zone has been rising as Ajman Free Zone companies are being setup. In addition to that, there is a continuous development on a million-square meter area that will be able to house 9,000 companies soon. This is expected to invite more Ajman Free Zone company setup in the coming years.

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  • Following industries you can setup in AFZ

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in Ajman Free Zone

    Ajman Free Zone company setup is known to be continuously rising similar to other UAE free trade zones. One of the factors of this is their own distinct benefits that make them unique. More and more business owners notice this, making them set up a business in this free zone.

    For almost 30 years, Ajman Free Zone UAE has been helping the economy of the UAE by inviting investors in. The below advantages show what this free zone is offering to the businessmen who are planning to setup a business in Ajman.

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  • Business Setup Requirements & Procedure

    Requirements for Ajman Free Zone Company Registration

    • Proof of tradename reservation (our firm’s task)
    • Required Proof of initial approval for the activities (our firm’s task)
    • Shareholders Passport copies required
    • Passport copy and CV (resume) of the manager
    • Personal information sheet of each shareholder and manager (template will be forwarded by our firm)
    • Lease agreement (documents)—having a physical address for your business/office is mandatory in the UAE. The rent on average within the free zone area is USD 25 up to USD 45 per sq. ft. (USD 225 up to USD 400 per sq. m.). Our firm can assist you while searching for your physical address. You can learn more about leasing and rental cost here. (This item will be required only after we obtain the initial approval from the authority.)
    • Notarized and attested Power of Attorney appointing our firm as your legal representative, so that we can act on your behalf and/or on behalf of the shareholders (template will be forwarded by our firm).
    • There are some activities which might require third-party/authority pre-approval—accordingly, additional cost and professional fees might be applicable.
    • Also during the process, the authorities might require a few other documents.

    Additional Documents Required for a Corporate Shareholder

    • Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin
    • Board resolution must be resolute by the board of directors of your existing company/entity at the place of origin expressing the intent of establishing a new setup abroad. It must be attested and notarized by the UAE Embassy (template will be forwarded by our firm).
    • Certificate of registration (if applicable) of your existing company/entity, license, or certificate of incorporation must be attested and notarized by the UAE Embassy

    The procedure of processing your RAKIA Free Zone company formation will range from 2 to 4 weeks.

  • Support Services Offered in Ajman Free Zone

    FAR Consulting Middle East is one of the leading company formation services in Ajman. With our experience that is more than 30 years now, we are more than able to answer your question with regard to how to start a business in UAE free zone. We can help you in obtaining Ajman free zone visa and aid you on the Ajman Free Zone smart office.

    In addition to that, as we process your papers in Ajman Economic Department and Ajman Chamber of Commerce, you are free to plan ahead for where you want to take your business.

    The following below is what we can provide the following services when you let us carry out your free zone company formation:

    • Applying and following up on behalf of the client until the collection of the Certificate of Business Registration (Trade License)
    • Representing the client in front of the authorities
    • In the bank account opening Assisting the client
    • Assisting the client in account opening with the Ministry of Labour
    • In account opening with the UAE immigration assisting the client
    • Assisting the client in leasing a premise as an address for the business
  • Ajman Free Zone Company cost

    Cost for Business setup in Ajman Free Zone (AJFZ) Ajman Free Zone seeks to provide new entrepreneurs with business setup opportunities at a reasonable cost. Farahat & Co has qualified business setup consultants that can help in the formation of a company in Ajman Free Zone. The fee table below explains the estimation of Ajman free zone company formation cost. Contact us for more information on the company setup in Ajman.

    Business Registration and Ajman free zone license cost Fees
    Knowledge Fee & Innovation Fee AED 20.00
    Application Fee for FZC (if applicable) AED 1,000.00
    Name Reservation AED 110.00
    Cost by Trade Licence Type (Select one of the following)
    Commercial License Fee AED 11,598.00
    Professional Service License Fee AED 14,313.00
    General Trading License AED 16,882.00
    Industrial License Fee AED 9,175.00
    Pioneer Package AED 5,000.00
    Freelance Package AED 6,000.00
    Setting up a branch office (Starting from) AED 9,175.00
    Additional Fees for Business Registration
    Fee for an additional activity (if applicable) AED 1,300.00
    Establishment Card AED 535.00
    E- Channel Registration
    E- Channel Refundable Deposit AED 5,100.00
    Visa Processing Cost
    Bank Guarantee / Employee Visa deposit AED 2,000.00
    Entry Permit AED 2,654.00
    Emirates ID application AED 390.00
    Medical Test – Normal Process (Starting from) AED 450.00
    Employment/Residence Visa (Select one of the following)
    Employment/Residence Visa (Starting from) AED 1,745.00
    Investor/Partner Residence Visa – In Country (Starting from) AED 2,195.00
    Investor/Partner Residence Visa – Out of the Country (Starting from) AED 1,345.00

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only, as of on 21st September, 2019. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.