Ajman freezone is a place of immense industrial development in UAE as it is attractive to a number of companies by offering facilities and competitive privileges required for the business to flourish. These benefits out of investment privileges, a number of companies have prospered with good returns on their investments.

The business facilities include 100% ownership of business, 100% foreign ownership, easy transfer of capital and profits, exemption from personal income tax and other taxes, competitive prices of facility usage and many more.

If you are looking for company set up in Ajman Freezone, get in touch with the consultants at Emirates first.

Type of Ajman Free Zone Companies

According to AFZA, below given are the types of legal entities permitted to set up business in Ajman free zone.

FreeZone Establishment (FZE):

FZE is a completely independent corporate entity that can be registered by a single shareholder with a minimum capital investment

Free Zone Company (FZC):

This Free Zone Company can be incorporated by 2 to 5 shareholders with a minimum capital investment

Licenses needed for Ajman Free Zone Company Setup

In order to set up business in Ajman Freezone, below given licenses are required to be acquired by the investors.

• Trading License

Investor looking for carrying our trading activities in AFZA needs Trading license.

• Professional Services License

An investor interested in carrying out professional services in AFZA is required to get a Professional service license.

• Industrial license

When an investor is looking for carrying out manufacturing activities in Ajman FreeZone, he needs to acquire Industrial license.

• National Industrial License

National Industrial license is issued if it meets the eligibility criteria of being registered with GCC and the GCC national should hold more than half of the shareholding.

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Business Setup In Ajman Freezone

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