Business Setup in Ajman Free Zone
Company formation in Ajman Free Zone
Setting up a company in Ajman Free Zone can be a profitable opportunity for business owners looking to start a company in UAE. With its strategic location, state-of-the-art infrastructure, and business-friendly environment, Ajman Free Zone offers an ideal setting for companies of all sizes and industries to thrive.
- Get UAE Residency
- Easy business setup process
- Bank account assistance
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Why Choose Ajman Free Zone for Company Setup?
Located in the heart of the Emirate of Ajman, Ajman Free Zone is known for its investor-friendly environment, cost-effective business setup options, and streamlined procedures. With a wide range of business activities to choose from, including trading, logistics, manufacturing, and more, Ajman Free Zone offers a lucrative opportunity for entrepreneurs looking to establish their presence in the region.
The Free Zone is home to various businesses, including trading and manufacturing companies, as well as service providers, such as consulting firms and advertising agencies. AFZA is a wider region with easy access to ports, airports, and major road networks. Companies have the same legal status inside the UAE as any other UAE Free Zones Companies in trade, imports, exports, contracts, visas, E-commerce, and Banking Facilities. AFZA free zone aims to provide crucial cost-saving benefits for entrepreneurs compared to other free zones within all UAE Emirates. You Want to Business Setup in Ajman Media City Free Zone.
We are associated with all UAE Freezone
It is important for you to understand the free zone incentives and concerns that come with opening a company in a region with favorable rules and laws as far as businesses are concerned.
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Benefits of Setting Up Your Company in Ajman Free Zone
- 100% Foreign Ownership: One of the key benefits of setting up a company in Ajman Free Zone is that you can have complete ownership of your business without the need for a local sponsor.
- Tax Benefits: Companies operating in Ajman Free Zone enjoy zero corporate and personal income tax, making it a tax-efficient option for businesses.
- Strategic Location: Ajman Free Zone is strategically located near the Dubai International Airport and the Port of Ajman, providing easy access to global markets.
- Wide Range of Business Activities: With over 600 business activities to choose from, entrepreneurs can find the perfect fit for their business in Ajman Free Zone.
- State-of-the-Art Infrastructure: Ajman Free Zone offers modern facilities, cutting-edge technology, and world-class amenities to support the growth of businesses.
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Business Activities Allowed in Ajman Free Zone
Ajman Free Zone is a world-class business hub located in the emirate of Ajman, United Arab Emirates. It offers a wide range of business opportunities for both local and international investors, with state-of-the-art infrastructure and facilities to support various industries.
- Trading:Â One of the most popular business activities permitted in Ajman Free Zone is trading. Companies can import, export, and re-export goods without any restrictions, making it an ideal location for trading businesses.
- Consultancy Services:Â Another common business activity allowed in Ajman Free Zone is consultancy services. Companies can provide a wide range of advisory services, including management consulting, financial consulting, and legal services.
- E-commerce:Â With the rise of online shopping, e-commerce businesses are thriving in Ajman Free Zone. Companies can set up online stores and sell products and services to customers worldwide.
- Logistics and Distribution:Â Ajman Free Zone is strategically located near major shipping ports and airports, making it an ideal location for logistics and distribution businesses. Companies can store, pack, and distribute goods efficiently.
- IT Services:Â Information Technology (IT) services are in high demand in today’s digital age. Companies in Ajman Free Zone can provide IT solutions, software development, and cybersecurity services to clients around the globe.
- Manufacturing:Â Ajman Free Zone offers incentives for manufacturing companies to set up operations in the area. From textiles to electronics, companies can manufacture a wide range of products in the free zone.
- Food and Beverage:Â With a diverse population and a growing tourism industry, food and beverage businesses are flourishing in Ajman Free Zone. Companies can establish restaurants, cafes, and food processing facilities.
Types of companies allowed in Ajman Free Zone
Ajman Free Zone offers various options for entrepreneurs looking to start their business in a thriving economic environment. Whether you are a freelancer, a small startup, or a large corporation, there is a suitable company type for you. Here are the main types of companies allowed in Ajman Free Zone:
- Free Zone Company (FZC):
- A Free Zone Company is an entity with 2-5 shareholders and can conduct business both locally and internationally. This type of company is ideal for small to medium-sized businesses looking to benefit from the tax exemptions and incentives offered in Ajman Free Zone.
- Free Zone Establishment (FZE):
- A Free Zone Establishment is a single shareholder entity that enjoys the same benefits as an FZC. This type of company is perfect for solo entrepreneurs or freelancers looking to set up their business in Ajman Free Zone.
- Branch of a Foreign Company:
- Foreign companies can establish a branch office in Ajman Free Zone to expand their operations in the region. This type of setup allows the company to retain its identity while benefiting from the advantages of operating in a free zone.
- Branch of a Local Company:
- Local companies can also set up branch offices in Ajman Free Zone to tap into new markets and explore business opportunities. This type of setup helps local businesses to reach a wider audience and enhance their competitiveness.
- Service License Companies:
- Companies offering services such as consulting, IT, advertising, etc., can apply for a service license in Ajman Free Zone. This type of setup is suitable for businesses that do not require physical office space and can operate remotely.
Business setup costs in Ajman Free Zone
Setting up a business in Ajman Free Zone involves several initial costs that you need to be aware of. These costs typically include:
- License Fees: The first and most crucial cost is the license fee, which varies depending on the type of business activity you choose to engage in. It is essential to determine the specific license that suits your business needs to avoid any additional costs later on.
- Lease Agreement: Another significant cost to consider is the lease agreement for your office space or warehouse. The rental prices in Ajman Free Zone are relatively competitive compared to other free zones in the UAE, making it an attractive option for entrepreneurs.
- Security Deposit: Many businesses are required to pay a security deposit when setting up in Ajman Free Zone. This deposit varies depending on the size and nature of your business but is usually refundable upon the termination of your lease agreement.
List of Documents Required to Register a Company in Ajman free zone
- Completed Application Form: The first step in the business setup process is to fill out and submit the appropriate application form. This form contains essential information about your business, such as the type of activity, business name, and shareholder details.
- Passport Copies: You will need to provide copies of the passports of all shareholders and directors of the company. Make sure the copies are clear and legible.
- Proof of Address: A valid proof of address, such as a utility bill or rental agreement, is required for each shareholder and director of the company.
- Business Plan: A detailed business plan outlining your business goals, target market, financial projections, and marketing strategy is essential for demonstrating the feasibility of your business.
- Memorandum of Association: This document outlines the structure and rules of your company, including details of the shareholders, directors, and share capital.
- Bank Reference Letter: A bank reference letter confirming the financial stability of the company and its shareholders is necessary for business setup in Ajman Free Zone.
- No Objection Certificate (NOC): If applicable, you may need to provide a No Objection Certificate from your current sponsor or employer, allowing you to establish a new business.
- Trade License Application: The trade license application form must be completed and submitted along with the required documents for approval.
- Lease Agreement: A lease agreement for your office space within Ajman Free Zone is required to complete the business setup process.
- Visa Application Form: If you plan to sponsor visas for your employees, you will need to fill out the visa application form and provide the necessary supporting documents.
Packages
Ajman Media City is a new freezone launched in Ajman Emirate, the fastest growing emirates of UAE. The license fees of Ajman Media City Freezone is one of the most competitive among all the UAE Freezones.
Ajman Media Freezone Deliverables
- Production or Trading of Good or Services for Sale
- Cost of supplies and equipment
- Change in the volume of expected sales
Steps to company setup in Ajman Free Zone with us
Consultation: The first step in setting up your company in Ajman Free Zone is to schedule a consultation with our team of experts. During this initial meeting, we will assess your business requirements and provide you with tailored advice on the best course of action.
Choose a Business Activity: Next, you will need to decide on the nature of your business activity. Ajman Free Zone offers a wide range of activities to choose from, so you can select the one that aligns with your business goals.
Select a Company Name: Once you have chosen your business activity, you will need to select a unique and catchy name for your company. Our team will assist you in checking the availability of your chosen name and ensure that it complies with the free zone’s guidelines.
Submit Documentation: To proceed with the company setup process, you will need to submit the required documentation, including your passport copy, visa copy, and business plan. Our team will guide you through the documentation requirements and help you prepare the necessary paperwork.
Payment of Fees: After submitting the documentation, you will need to pay the relevant fees for company registration and licensing. Our team will provide you with a detailed breakdown of the fees involved and ensure a smooth payment process.
Obtain Trade License: Once all the paperwork is in order and the fees have been paid, you will receive your trade license from Ajman Free Zone. This license will authorize you to conduct business activities within the free zone legally.
Set Up Office Space: Finally, you will need to set up your office space in Ajman Free Zone. Whether you choose a flexi-desk or a dedicated office, our team will assist you in finding the perfect workspace for your business needs.
Why Choose Us
Neeja Corporate Services is one of the leading consultants and solution providers for licensing, business incorporation, and other related activities. With the right set of expertise and experience, we help entrepreneurs and business owners acquire licenses and registration in a short span of time.
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