Ajman Free Zone is in Ajman emirate. It was established in 1996.
AFZA companies will be good for those who:
– need UAE company which can conduct business within UAE and to work with other companies registered in UAE;
– don’t need actual office in UAE at the moment;
– need resident visa.
Types of Companies:
Free Zone Entity (FZE) – company with single shareholder;
Free Zone Company (FZCO)– company with 2-4 shareholders;
Branch of a Foreign Company – branch of the foreign company, registered outside UAE;
Branch of a Local Company – branch of the company registered in UAE outside AFZA.
Based on the office’s type there are:
Smart Office Company– company with so called “virtual” office;
Office Space Company – company with the real office; .
Capital Amount: 185,000 dirham or $ 50,000. Payment is not required.
Service License – license for service providing;
One Activity Trading – trading in one group of items;
Two Activities Trading – trading in two groups of items;
Three Activities Trading – trading in three groups of items;
General Trading – license for thrading in all groups of items.
Requirements for the Director/ Shareholder: there are no requirements for the residency/citizenship of the shareholder/ director/ secretary. Foreign corporate shareholder is allowed. Corporate shareholder is prohibited.
Оffice: for Smart Office Company actual office rent is not required – “virtual’ office will be provided. For Office Space Company office rent is a must. Min space is 8 sq m, max – 42 sq m. Office will be provided by the free zone authority from the office spaces available at the moment of application.
Visas: Smart Office Company is entitled for 2 visas;Office Space Company is entitled to 5 visas.
Audit and Accounting: there are no requirements for accounting. Audit’s submission is not required.
Please Contact us to get more information.