Are you considering starting a business in the UAE? Ajman Free Zone (AFZ) is one of the most cost-effective and business-friendly free zones available. It offers a streamlined setup process along with appealing incentives. Obtaining an Ajman Free Zone License can be a significant advantage, whether you are a startup, a freelancer, or an established company. This guide explores the benefits, types of licenses available, and the step-by-step process to obtain an Ajman Free Zone License.
What is the Ajman Free Zone License?
An Ajman Free Zone Licence is a business permit issued by the Ajman Free Zone Authority (AFZA). Companies in the free zone can benefit in several ways. They can have 100% foreign ownership, pay no personal income tax, repatriate all profits, and avoid import and export duties.
This license is great for businesses in many fields, including trading, e-commerce, manufacturing, consulting, and freelancing. Many entrepreneurs looking for business setup in Dubai free zone find Ajman Free Zone a cost-effective alternative.
Benefits of an Ajman Free Zone Licence
Ajman Free Zone provides numerous benefits that make it a popular choice for entrepreneurs:
1. 100% Foreign Ownership
Unlike mainland businesses requiring a local sponsor, foreign investors can fully own companies in the Ajman Free Zone.
2. Tax Advantages
Enjoy zero personal and corporate income tax, full repatriation of profits, and exemption from import and export duties.
3. Cost-Effective Setup
Ajman Free Zone provides one of the most affordable business setup in Dubai free zone options, making it an attractive choice for startups and SMEs.
4. No Physical Office Requirement
Businesses can operate without a physical office, reducing overhead costs.
5. Fast & Easy Business Setup
The application process is straightforward, with minimal paperwork and quick approvals, often within a few days.
6. Multiple Visa Options
Ajman Free Zone authorities offered residency visas for business owners, their employees, and their families.
Types of Ajman Free Zone Licences
Ajman Free Zone provides a variety of license types to support different business activities.
1. Trading Licence
It is ideal for businesses involved in the import, export, distribution, and general trading of goods.
2. E-Commerce Licence
Designed for online businesses and digital marketplaces, enabling entrepreneurs to sell products and services online.
3. Industrial Licence
Suitable for manufacturing, product assembly, and packaging businesses. Companies with this license must operate from an industrial facility within the free zone.
Learn More: Company Setup in RAKEZ Freezone - UAE
4. Service Licence
businesses that offer professional services such as consultancy, marketing, legal advisory, and IT solutions.
5. Freelancer Licence
This is the very cost-effective solution for individuals in technology, marketing, design, and consultancy who want to work independently.
How to Get an Ajman Free Zone Licence
Setting up a business setup in Dubai free zone like Ajman Free Zone is simple. Follow these steps:
Step 1: Choose Your Business Activity
Select a business activity that aligns with your goals. This will ensure the type of license you are looking for.
Step 2: Decide on Your Business Structure
Ajman Free Zone offers various business structures, including:
Free Zone Establishment (FZE)—Single owner
Free Zone Company (FZC)—Multiple shareholders
Branch of an existing company
Step 3: Select Your Business Facility
Ajman Free Zone offers flexible options, such as:
Flexi-desk (for minimal space needs)
Office spaces
Warehouses
Industrial land
Step 4: Submit Required Documents
To ensure a smooth application process, please prepare and submit the following essential documents:
A clear copy of your passport
A copy of your visa or entry stamp
Recent passport-sized photos
Compelling Business plan (if applicable)
Your attention to these details is crucial for success!
Step 5: Pay Licence Fees
Ajman Free Zone offers budget-friendly packages. Fees vary based on the chosen business activity, visa requirements, and office space.
Step 6: Receive Your Licence
Once approved, your Ajman Free Zone License will be issued within 1–5 working days, allowing you to start operations immediately.
Step 7: Apply for Visas & Open a Business Bank Account
After obtaining your license, you can:
Apply for UAE residence visas
Open a corporate bank account
Learn More: IFZA Free Zone Business Setup in Dubai
Ajman Free Zone Company Setup Cost
The cost of setting up a business setup in Dubai free zone like the Ajman Free Zone typically ranges from AED 5,000 to AED 25,000, depending on factors such as the number of visas required and the type of office space selected.
Conclusion
Ajman Free Zone is an excellent choice for entrepreneurs seeking a cost-effective and efficient business setup in Dubai free zone. With benefits like 100% foreign ownership, tax exemptions, and simplified registration, it’s no wonder that AFZ is a preferred destination for startups and international investors.
Need help with your business setup in Dubai free zone? Contact us today for expert guidance and hassle-free company formation in Ajman Free Zone!
Catnyx Consultant provides business setup services, ensuring a seamless and efficient company formation process in Ajman Free Zone and other UAE free zones.
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