Ajman

Ajman Free Zone (Est. 1988) was granted autonomous status under the Amiri Decree No. 3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, the Ruler of Ajman. According to this decree, the Ajman Free Zone Authority is the sole regulatory agency for the Free Zone in this Emirate. The formation of the Free Zone Authority marked a significant leap that boosted industrial activities in the Free Zone and has resulted in quadruple growth in the total number of companies operating in the free zone.

Advantages of Company Formation in Ajman Free Zone

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100% tax exemption on operations in Ajman Free Zone

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Strategic and central location for businesses

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Easy availability of raw materials and primary products

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Competitive handling charges

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Affordable land prices and office rents

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Significantly low cost of living

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Conducive business environment

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Modern infrastructure

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State-of-the-art facilities

Types of Licenses Available in Ajman Free Zone

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Trading License: Allows conduct of up to three activities, with pricing varying by activity.

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Professional Service License: For companies providing professional services.

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Industrial License: For companies engaged in goods production.

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National Industrial License: For GCC-registered companies meeting specific criteria:

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Majority ownership (51%+) by GCC nationals

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At least 40% of manufacturing must occur in the Free Zone

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Enables duty-free exports to GCC member states

Permitted Legal Entities in Ajman Free Zone

Free Zone Establishment (FZE)

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Single shareholder structure

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Regulated under Amiri Decree No. 3 of 1988 (amended 1996)

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100% ownership by individual or corporate body

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Minimum capital: ~US $50,000

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Limited liability to share capital amount

Required Documents

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5  proposed company names

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Passport copy (valid 6+ months)

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Visa documentation (entry/residence/cancelled)

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10 passport photos (white background)

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Sponsor’s No Objection Letter

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Business plan (2 pages for professional/e-commerce; 1 paragraph for trading)

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Completed application form

Free Zone Company (FZC)

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2-4 shareholders

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Separate legal identity

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Liability limited to paid-up capital

Required Documents

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Single shareholder structure

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Regulated under Amiri Decree No. 3 of 1988 (amended 1996)

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100% ownership by individual or corporate body

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Minimum capital: ~US $50,000

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Limited liability to share capital amount

Branch of a Foreign Company (BFC)

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For companies registered outside UAE

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100% foreign ownership required

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Sales must go through UAE-registered agent/distributor

Documents required

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Representative’s passport copy (6+ months validity)

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Visa documentation

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8 passport photos

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Original company registration certificate

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Memorandum of Association

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Board resolution for UAE operations

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Notarized Power of Attorney

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Business plan/description

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Application Form

Branch of a UAE Company (BLC)

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For companies holding valid UAE licenses (excluding other Free Zones)

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Parent company must be active for 1+ year

Required Documents:

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Representative’s passport copy

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Visa documentation

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10 passport photos

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Original trade license

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Chamber of Commerce certificate

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Commercial registration

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Business plan/description

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Application form