Two free zones of the Ajman emirate for company setup

The country is divided into 7 Emirates (Ajman, Abu Dhabi, Dubai, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain). You can incorporate your business in any of these Emirates with 100% ownership. 

These different Emirates have a variety of free zones that accommodate a large number of business activities.

The free zones offer executive offices, warehousing facilities as well as accommodation facilities. They are a one-stop shop for all your business requirements.

A lot of investors want to find a business setup company in Dubaiin order to help them with their business incorporation in this Emirate. This is because Dubai has the largest number of free zones in the world, it is prestigious and highly reputable. 

Free zones in UAE

As an investor, you will see that there are over 30 UAE free zone company setup alternatives to choose from. Setting up a company in one of Dubai free zones can be a bit expensive. There are other more cost-efficient options that a business owner can choose from. 

One of these alternatives is in Ajman jurisdiction. Business setup in Ajman can be done in two authorities in the Ajman Emirate.

1. Ajman Free Zone (AFZA)

Ajman Free Zone (AFZA) is one of the first free zones in UAE and was established in 1988. It is quite a popular zone that offers outstanding attractive investment options to both foreign and local businesses and investors by offering flexible investment models suitable for all business entities across a variety of sectors with varied specifications and objectives.

SETUP COSTS

AFZA was the first authority to offer installment plans to company owners. The business setup cost in Ajman free zone begins from 5,000 AED. They have high quality shared office space, warehouses of various sizes and other benefits. 

Business owners that require a cost-efficient and convenient startup find AFZA very attractive, with it’s installment plans that start from 2, 3 or 6 installments on the government fees for their company registration

Note however that a refundable deposit of 5,100 AED is required to be paid to the immigration for visa eligible companies.

The company licenses offered here are:

  • Trading License
  • E-commerce License
  • Professional Service License
  • Industrial License 

The documents required for Ajman Free Zone company formation are:

  • A Valid passport copy
  • Colour sized passport photograph (For visa eligible company)
  • UAE entry stamp (For visa eligible company)
  • No Objection letter from sponsor (For those with a valid UAE resident visa)

2. Ajman Media City Free Zone (AMC)

Ajman Media City free zone was formed in 2018 but has already become a highly sort after UAE free zone company setup choice for investors, due to its low cost of company registration.

It offers a broad list of media related business activities. The license in AMC license has a unique QR code which can be authenticated simply by scanning it by any device.

SETUP COSTS

The license costs in AMC starts from 8,500 AED. You are allowed up to 5 business activities. Trading and service activities can be combined in one license.

It is important to note that at least one of these activities must be media related.

The company licenses offered here are:

  • Service/Consultancy
  • E-Commerce
  • Media related trading

The documents required for Ajman Media City Free Zone formation are:

  • A valid Passport copy (With UAE entry stamp copy or resident visa copy)
  • Colour sized photograph (For visa eligible company)
  • Residential address
  • E-mail and telephone number
  •  

Ajman Media City free zone is perfect for those who carry out their businesses online or that are just starting out in their business. The incorporation process is fast and easy.

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