A Strategic Business Location with Competitive Advantages

Establishing your business in the Ajman Free Zone offers entrepreneurs a cost-effective entry point into the UAE market. With its strategic location, streamlined processes, and business-friendly environment, Ajman Free Zone represents an attractive option for companies looking to expand into the Middle East region.

Why Choose Ajman Free Zone?

Ajman Free Zone provides numerous advantages for businesses seeking to establish operations in the UAE:

• Cost-Effective Setup: Ajman Free Zone stands out for its competitive pricing structure. Registration fees and ongoing operational expenses are generally lower than in many other free zones within the UAE. This makes it an attractive option for startups and businesses looking to minimize initial investment and overhead costs while still benefiting from the advantages of a UAE free zone.
• 100% Foreign Ownership: A significant benefit offered by Ajman Free Zone is the allowance of complete foreign ownership. Unlike some jurisdictions that require local partners or majority local ownership, Ajman Free Zone permits international investors to hold 100% of their company’s shares. This provides greater control over business decisions, profits, and overall strategy.
• 0% Corporate and Personal Tax: Businesses operating within Ajman Free Zone enjoy a complete exemption from both corporate and personal income tax. This tax-free environment significantly enhances profitability and allows businesses to reinvest earnings for growth. The absence of personal income tax also makes it an appealing location for international talent.
• Strategic Location: Ajman’s geographical position offers excellent connectivity. It provides easy access to major consumer markets within the UAE, including Dubai and Sharjah. Furthermore, its proximity to key international shipping routes and major ports facilitates efficient import and export activities, making it a favorable base for businesses involved in trade and logistics.

Whether you’re a startup, SME, or international corporation, Ajman Free Zone offers tailored solutions to meet your business needs.

Types of Business Licenses in Ajman Free Zone

Ajman Free Zone offers various license types to accommodate different business activities:

• Commercial License: This license caters to businesses involved in a wide spectrum of trading activities. This includes the import, export, storage, and distribution of goods. If your business model revolves around buying and selling products, whether locally or internationally, this license is the appropriate choice. It allows you to trade in the specific categories of goods outlined in your license. For instance, a company with a commercial license could be involved in trading electronics, textiles, or food products. The Ajman Free Zone also offers various facilities suitable for commercial activities, such as warehouses for storage and office spaces for administrative functions.
• Service License: This license is designed for businesses that offer professional services, intellectual expertise, or skills rather than tangible goods. This category is broad and can include consultancy firms (in areas like management, IT, or law), marketing agencies, educational or training providers, and various other service-oriented businesses. If your company’s primary offering is your knowledge, advice, or specific services you provide to clients, a service license is necessary. For example, a freelance marketing consultant or an IT support company would typically require a service license to operate legally within the free zone.
• Industrial License: This license is specifically for companies engaged in manufacturing, processing, assembling, or packaging products. If your business involves the physical creation or significant modification of goods, an industrial license is required. This could range from light manufacturing activities like assembling electronic components to heavier industrial processes. Ajman Free Zone often provides access to industrial land and customizable warehouse facilities to support these operations. Companies with an industrial license can import raw materials, manufacture their goods within the free zone, and then export the finished products. It’s important to note that businesses with this license must comply with the environmental and safety regulations of the UAE.

Our experts can help you determine the most suitable license type for your business objectives.

Facilities Available in Ajman Free Zone

Ajman Free Zone offers flexible facility options to meet diverse business requirements:

1. Executive Offices
   • Fully furnished office spaces with modern amenities.
   • Ready-to-move-in solutions with IT infrastructure.
2. Warehouses
   • Various sizes available to accommodate storage and light industrial needs.
   • Strategic location with excellent logistics connectivity.
3. Land Plots
   • Options for custom-built facilities for larger operations.
   • Long-term leasing arrangements with development support.
4. Virtual Offices
   • Cost-effective solution for businesses requiring a UAE presence without physical space.
   • Includes business address, mail handling, and administrative services.

Steps to Set Up Your Business in Ajman Free Zone

Establishing your company in Ajman Free Zone involves these straightforward steps:

1. Select Your Business Activity: This is the foundational step. You need to clearly define the core business activities your company will undertake. This will determine the type of business license you need to apply for (Commercial, Service, or Industrial, or potentially a specialized license like E-commerce or Freelancer). It’s crucial to ensure that your chosen activities are permitted within Ajman Free Zone and align with the scope of the available license types. Clearly outlining your activities will streamline the subsequent steps and ensure you obtain the correct legal framework for your operations.
2. Choose Your Company Name: Selecting a suitable and compliant company name is essential. Your chosen name must adhere to the UAE’s naming conventions and regulations, which generally prohibit offensive or misleading names and may have restrictions on the use of certain words. Once you have a few potential names, you will need to verify their availability with the Ajman Free Zone Authority. Reserving your chosen name secures it while you proceed with the registration process, preventing others from registering the same name.
3. Select Your Facility Type: Ajman Free Zone offers various facility options to cater to different business needs and scales of operation. These can include: 

• Flexi Desks/Offices: Cost-effective options suitable for startups and smaller service-based businesses. They provide shared or dedicated workspace.
• Executive Offices: Fully furnished private offices for companies requiring a more professional and independent workspace. 
• Warehouses: For businesses involved in trading, import/export, and light manufacturing, offering storage and operational space. 
• Land for Development: For larger industrial projects, Ajman Free Zone may offer land plots for companies to build their facilities according to their specific requirements. 

Carefully consider your operational needs, budget, and anticipated growth when selecting the most appropriate facility type.

4. Submit Required Documents: This step involves preparing and submitting all the necessary legal and identification documents for the registration process. The specific documents required can vary depending on the type of business, the shareholders involved, and the chosen facility. Generally, you will need to provide:

• Passport copies and visa details (if applicable) of the shareholders and directors.
• Memorandum of Association (MOA) and Articles of Association (AOA) – these legal documents outline the company’s structure, objectives, and shareholder responsibilities. Ajman Free Zone often provides templates for these.
• Business plan – a detailed outline of your business operations, target market, and financial projections.
• Proof of registered address (depending on the facility type chosen).
• Bank reference letters for the shareholders.
• No Objection Certificate (NOC) from your current UAE sponsor (if applicable).
• Application forms are provided by the Ajman Free Zone Authority.

It’s crucial to ensure all documents are complete, accurate, and attested as required by the authorities to avoid delays.

5. Receive Initial Approval: Once your application and initial documents are reviewed and found to be in order, the Ajman Free Zone Authority will issue an initial approval. This signifies that your application has passed the preliminary checks, and you can proceed to the next stage of finalizing the registration.
6. Make Payment and Finalize Registration: After receiving the initial approval, you will be required to pay the necessary registration fees, license fees, and facility charges (if applicable). The exact amount will depend on the type of license, the chosen facility, and other related services. Upon receipt of full payment, the Ajman Free Zone Authority will finalize the registration process and issue your official business license and other incorporation documents. These documents legally authorize your company to operate within the Ajman Free Zone.

Documents Required for Company Formation

To establish your company in Ajman Free Zone, you’ll need to prepare:

• Passport copies of all shareholders and directors.
• Completed application forms for business registration.
• Business plan or company profile.
• Bank reference letters (if applicable).
• Memorandum of Association (MOA).
• Resolution approving the establishment in the Ajman Free Zone.

Key Benefits of Ajman Free Zone

1. Simplified Registration Process: Streamlined procedures with minimal bureaucracy.
2. Competitive Pricing: Among the most affordable free zones in the UAE.
3. No Capital Requirements: Start your business without minimum capital constraints.
4. Visa Eligibility: Ability to sponsor residence visas for employees and dependents.
5. Repatriation of Capital: Complete freedom to repatriate profits and capital.
6. Proximity to Transportation Hubs: Easy access to major ports and airports.
   

Why Choose 1Tapbiz?

• Simplified Process: 1tapbiz aims to demystify the often complex UAE business setup process. They offer clear, step-by-step guidance, reducing the administrative burden on entrepreneurs. This simplification saves valuable time and resources.
• Expert Guidance: Navigating UAE regulations can be challenging. 1tapbiz provides access to experienced consultants who possess in-depth knowledge of local laws and procedures. This expertise ensures compliance and minimizes the risk of costly errors.
• Tailored Solutions: Recognizing that every business is unique, 1tapbiz offers customized solutions tailored to specific needs. Whether it’s choosing the right business structure, securing licenses, or handling visa applications, they provide personalized support.
• Cost-Effectiveness: 1tapbiz aims to provide transparent and competitive pricing, helping entrepreneurs manage their startup costs effectively. By streamlining processes and leveraging their expertise, they help avoid unnecessary expenses.
• Comprehensive Services: From initial business registration to visa processing and ongoing support, 1tapbiz offers a wide range of services. This comprehensive approach eliminates the need to engage multiple service providers, simplifying the overall process.

Contact Our Specialists Now to learn more about how Ajman Free Zone can benefit your business and to begin your company registration process.