Ajman Free Zone Authority (AFZA)

Ajman Free Zone Authority (AFZA)

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Ajman Free Zone Authority (AFZA)

The Ajman Free Zone [AFZ] is one of the earliest free zones declared and established during 1988, which has proven its flexibility by encouraging large number of enterprises to start up and obtain privileges and benefits from the same. Since inception Ajman Free Zone has always demonstrated its role in solidification of commercial and economic of U.A.E.

The paramount advantage of Ajman Free Zone is its ideal location [well equipped serve eastern and western trade markets] that gives unfettered prospect to yield benefits of Ajman Port which serves more than 1000 vessels a year. At present, Ajman Free Zone has approximately 256 industrial firms which constitutes 20% of the total number of industrial units in the UAE and ranks third among all the Emirates[1]*. No surprise, Ajman Free Zone has now grown and developed to a principle port to entire maritime world.

CredentOne, as one of the premier business consultants in Dubai opens you the world of these opportunities by aiding you avail all benefits of Ajman Free Zone in all aspects. Under the assistance of our experts you can set up your dream enterprise in both Ajman mainland and free zone with same ease. CredentOne is one of proud business consultants in Dubai who has assisted more than 50 companies to frame their legal set up in Ajman Free Zone.

YOUR BUSINESS IDEA + CREDENTONE EXPERT ADVICE = SUCCESSFUL BUSINESS

ADVANTAGES OF BUSINESS SETUP IN AJMAN

  • No corporate tax
  • Low cost of living
  • No personal income tax
  • 100% foreign ownership
  • Strategic and central location
  • Competitive handling charges
  • Lower prices of land and office rents
  • 100% repatriation of capital and profits
  • Ready/easy availability of raw material

Estimate for New Free Zone Company in Ajman Free Trade Zone (AFZ)

A smart entrepreneur will always look for the estimate and initial costs for the setting up his/her business as the first step. This page will give you an outline on different types of licenses, General Cost for setting-up a company in Ajman Free Trade Zone, per expenses as follows:

  1. Type of License

Each activity of a company falls under a specific type of License. Cost per license type includes: Initial Approval, Registration, License, Smart Desk and Chamber of Commerce Certificate.

Registration, License and Smart Desk Facility Annual Fees (AED)
Trading license with 1 activity (no visa eligibility) AED 11,900
Trading license with 2 activities (no visa eligibility) AED 13,200
Trading license with 3 activities/Service license (no visa eligibility) AED 14,500
General trading license (no visa eligibility) AED 17,100
General Trading License AED 27,160
Consultancy/Service License AED 24,560
Trading License with 1 Activity AED 21,960
Trading License with 2 Activities AED 23,260
Trading License with 3 Activities AED 24,560
  1. Please note that some licenses require pre approval.
  2. Additional fee of AED 600 would be charged in such cases.
  3. Value Added Tax (VAT) at the rate of 5% is applicable on all the fees.
  4. Type of Facility
Visa Eligibility Annual Fee
Smart Desk 2 Included in the registration package
Exclusive Physical Offices 3+ AED 37,500+

Value Added Tax (VAT) at the rate of 5% is applicable on all the fees

  1. Miscellaneous Documents
Legal Documents (MOA and Share Certificate) AED 1,120
Establishment Card AED 535
Power of Attorney (Administrative) – per person AED 1,500

Value Added Tax (VAT) at the rate of 5% is applicable on all the fees

  1. Residence Visa in Ajman Free

Trade Zone Fees

In case you would like to apply for the UAE Residence Visa inside UAE, you can just apply for the Status Change service, which will not require you to exit the country, so that you could enjoy the hassle-free process.

SERVICES FEES (AED)
Investor Visa (Valid for 3 years) 3,657
Employment Visa (Valid for 2 years) 3,657
Investor Visa Guarantee Deposit 2,000
Employment Visa Guarantee Deposit 2,000 + 1-month basic salary
Medical Test, emirates ID and Photo 1,240
Registration Fees for Immigration E-channels Registration (first time) 2,150
Refundable Deposit for Immigration E-channels Registration 5,000
CREDENTONE Service Fees 3,000
Status Change (application inside of the UAE) 850

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

  1. CredentOne DMCC Service Packages
SERVICES EXICUTIVE PRIORITY
Price AED 7,000 AED 12,000
Verifying shareholder’s documents for start up Yes Yes
Company Name Approval Yes Yes
Activity Approval Yes Yes
Shareholder’s Structure Yes Yes
Registration Yes Yes
Licensing Yes Yes
Delivering a full pack of corporate documents Yes Yes
Providing details on UAE banks Yes Yes
Day to day update regarding the full process Yes Yes
Corporate Consultancy (up to 2 Hours) Yes
Full Assistance in Opening a Corporate Bank Account Yes
Board of Resolution (if applicable) Yes
Company stamp Yes
Company Letterhead Yes
Company Profile Yes
Immigration Card Yes
Project Summary Yes
Obtaining attested Power of attorney (POA) Yes

Note: Additional service fee with an amount of AED 10,000 is applicable in obtaining special activities, industrial license, Corporate Shareholder or Branch Company.

Value Added Tax (VAT) at the rate of 5% is applicable on all the fees

Ajman Free Zone Authority fees listed above may change without prior notice.

WANT TO SETUP YOUR BUSINESS IN AJMAN? CONTACT US TODAY!

SPECIAL SERVICES OFFERED BY CREDENTONE

CredentOne DMCC can assist you from the initial ground works required to start up a company and up to opening a corporate or personal bank account or obtaining a residence visa in UAE!.

We will assist you to choose the right corporate structure and license, based on your requirements and business goals in Ajman Free Zone.

To know more about our services and fees for Ajman Free Zone company formation request a proposal for a free zone company formation or call us for consultation!

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