Ajman Freezone

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Ajman Free Zone (AFZ)

Creating success since 1988, Ajman Free Zone is a strategically situated business eco-system at the entrance of the Arabian Gulf in the Emirate of Ajman. Their main aim is to offer a global opportunity for foreign investment with a platform for trade and industry business establishment.

They provide a wealth of essential cost-saving benefits for entrepreneurs and investors within the United Arab Emirates and across the globe. With simplified process of business set- up through effective digitization and by offering flexible, tailored packages to suit a variety of requirements. In addition, they provide a host of customizable service solutions and product offerings that meet a wide variety of needs to simplify business requirements.

The creation of AFZ has boosted industrial activities in the emirate of Ajman, resulting in thousands of companies presently being housed in the free zone. AFZ’s strategic location at the doorway to the Arabian Gulf means easy access to both western and eastern markets. Ajman is easily accessible from two international airports and four seaports. The international Dubai/Sharjah airports are within 30 minutes’ drive from AFZ. Ajman Free Zone is located next to Ajman Port, which serves over 1000 ships per year. Highways connect AFZ to other emirates. Sharjah is adjacent to Ajman and Dubai is only 12 km away.

Benefits
Strategic location

The only downtown Free Zone that strategically located in the UAE. I.e. close to major commercial cities providing an excellent access to the other Emirates. The distance of Ajman Free Zone from the other Emirates is elaborated below:

Frequently Asked Questions

Free Zone Companies are registered and listed with a Free Zone Authority (e.g DMCC). A DMCC Free Zone Company does not require you to have any Local UAE Citizen Partner and can be 100% owned by any foreign citizen and/or company.

 

DMCC Free Zone companies can be registered as an Individual, Branch, and/or Subsidiaries of Local UAE or Foreign Companies.

Yes, you can choose any name yourself. However, the registration will go through the DMCC Authority and Dubai Economic Department approvals.

The number of employees you can hire depends on the Office Space you lease. If you require more visas than the allocated number, additional fees are applicable. At Mayfair Executive Office, you get 3 Visas and 1 PIC per office, regardless of the size.

It is mandatory to acquire a facility upon issuance of the License. You can either rent or buy a Flexi Desk, Serviced Office, Physical Office, Retail Space and Warehouses or Open Land for Industrial Units.

Having an office facility is a mandatory. DMCC Free Zone companies are only allowed to have an Office Facility inside DMCC Free Zone in Jumeirah Lakes Towers (JLT).

DMCC provides three types of visas: employment visa, dependents residence visa, and business visit visa.

The amount of the Share Capital varies depending on the chosen activity. A minimum required Share Capital for a Service/Commercial Trading License is AED 50,000; and AED 1 Million for General Trading. This amount must be deposited in the company’s bank account and once Share Certificate is issued by the bank, money can be withdrawn thereafter.

Yes, you can and there is a wide variety of good banks to choose from.

Yes, you are allowed to trade locally and internationally but subject to the Rules and Regulations of DMCC Free Zone.

The documents and the company setup costs will depend on the activity chosen. To get a better idea about the costs involved, click here.

Company formation in DMCC has a minimum processing of 3-6 weeks. However, the speed of approvals will depend on the chosen activity, certification and attestation requirements.

Yes, Park Avenue Offices has a team of professionals well versed with the DMCC rules and regulations and will help you with all documentations and procedures.

 

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