Ajman Free Zone is a newly formed free zone with an aspiration to create a dependable, harmonious and professional environment for businesses.
The Free Zone is considered as an entrepreneur’s paradise because of the competitive benefits and incentives it offers. It is a free economic area that provides a streamlined process for any kind of business setup.
Also Read: Top 5 Things You Need to Now About Ajman Free Zone
Types of Business licenses with the new packages offered
Type of Licenses with packages including different options (business center, smart offices, executive offices and warehouses):
| Type of business license | Package offered |
| Freelance license | From 6000 AED (1645 USD) |
| Pioneer license (20-30 old investor) | 5000 AED (1370 USD) |
| Commercial license starting form | Form 13535 AED (3708 USD) |
| Industrial licenses | 2500 USD, plus warehouses fees accdg to size
|
| Professional Service License | 3900 USD
|
Note: required documents for the processing of Ajman free zone license include Passport copies with six-month validity, Entry stamp or visa copy One Color Photograph
Advantages of Business Setup in Ajman Free Zone
Setting up business in Ajman free zone has the following advantages
100% company ownership
As a free zone entity, it isn’t required to partner with a UAE national to incorporate a company and own 40% of the shares. A foreign investor can fully own a business and retain all the profits.
100% capital repatriation
The free zone allows foreign investors to transfer corporate money back to their home country from UAE.
Resident visa for investors and their families
Ajman free zone also attracts entrepreneurs and investors to set up their businesses in the free zone by allowing the issuance of residence visas to family members.
Company set up in 24 hours
A company can be formed in just 24 hours. Personal visit of the owners is required for company setup, but the time required for the application process is a lot lesser compared to other free zones. Also, business owners are only required to provide some basic documentation such as passport and visa copies as mentioned earlier.
Installment payment plan
The most attractive offer from Ajman Free Zone is the so-called installment payment plan for company registration. This means investors can get a company registered and acquire a license by paying only a part of the government fees at a time. It is really convenient for those who are looking at setting a business but does not have a massive budget, Ajman Free Zone is the only free zone which has such a payment plan.
Required Documents
- Passport copies with six-month validity
- Entry stamp or visa copy
- One Color Photograph
Also Read: Everything You Need to Know About Business Setup in Ajman Free Zone
Business setup in Free Zone
Ajman Free Zone provides numerous investment opportunities and flexibility to select the business entity to register which that fits the unique needs and objectives of every business. Business setup consultants at FAR Consulting Middle East have the expertise and resources to help entrepreneurs realize their goals and address their needs. Call us today if you wish to start the process of business setup in Ajman free zone.
