Ajman Free Zone Authority (AFZA) Business Setup Consulting

Ajman Free Zone Authority (AFZA)

Ajman Free Zone Authority (AFZA)

One of the oldest Free Zones in the UAE – the Ajman Free Zone (AFZ) was established in 1988, leading to a massive industrial development by engaging a great number of companies to benefit from the investment privileges. Ajman Free Zone thereby strengthened industry, trade and the financial sector in the UAE at its early stages. The Ajman Free Zone provides you with the opportunity to find benefits of Ajman Port, serving over 1000 vessels in a year, has emerged as an important maritime focal point today. With My Business Consulting, you can become one of the Ajman free zone companies that has all the tools necessary to succeed.

Strategically situated at the entrance of the Arabian Gulf, Ajman Free Zone is well placed to serve the eastern and western trade markets. At My Business Consulting DMCC, we help you estimate the Ajman free zone company setup cost along with assisting you in getting a general trading license in Ajman and other types of licenses, allowed to be established with the authority. The Ajman Free Zone is an emerging free zone in the UAE and with our help you can get the right Ajman free zone visa for your corporate needs.

Ajman free zone today has approximately 256 industrial firms which constitutes for 20% of the total number of industrial units in the UAE and ranks third among all the Emirates. Goods from Ajman are exported to over 65 countries. With the contribution of more than 50 companies, established with the assistance of My Business Consulting DMCC, Ajman Free Zone has become one of the most desirable directions in the UAE.

One of the oldest Free Zones in the UAE – the Ajman Free Zone (AFZ) was established in 1988, leading to a massive industrial development by engaging a great number of companies to benefit from the investment privileges. Ajman Free Zone thereby strengthened industry, trade and the financial sector in the UAE at its early stages. The Ajman Free Zone provides you with the opportunity to find benefits of Ajman Port, serving over 1000 vessels in a year, has emerged as an important maritime focal point today. With My Business Consulting, you can become one of the Ajman free zone companies that has all the tools necessary to succeed.

Strategically situated at the entrance of the Arabian Gulf, Ajman Free Zone is well placed to serve the eastern and western trade markets. At My Business Consulting DMCC, we help you estimate the Ajman free zone company setup cost along with assisting you in getting a general trading license in Ajman and other types of licenses, allowed to be established with the authority. The Ajman Free Zone is an emerging free zone in the UAE and with our help you can get the right Ajman free zone visa for your corporate needs.

Ajman free zone today has approximately 256 industrial firms which constitutes for 20% of the total number of industrial units in the UAE and ranks third among all the Emirates. Goods from Ajman are exported to over 65 countries. With the contribution of more than 50 companies, established with the assistance of My Business Consulting DMCC, Ajman Free Zone has become one of the most desirable directions in the UAE.

ADVANTAGES OF BUSINESS SETUP IN AJMAN

SETUP YOUR BUSINESS IN AJMAN TODAY!

To start your business setup in Ajman Free Trade Zone or any other free zone in UAE, get in touch with My Business Consulting DMCC today. My Business Consulting DMCC provides support in setting up your business in UAE with the most suitable facilities for your business needs and assists in opening a corporate or personal bank account, obtaining a residence visa in UAE! One way is set up a company in the Ajman free zone. Ajman free zone company formation is one of the many processes that we can help you with.

For company establishment, an Ajman free zone company registration is required from the Ajman free zone authority. An Ajman free zone license fees is also charged for companies to officially conduct business in the in the Ajman free zone and henceforth the UAE. We will assist you to choose the right corporate structure and license, based on your requirements and business goals. To know more about our services and fees, request a proposal for a free zone company formation or call us for consultation!

Calculating Your New Free Zone Company in Ajman Free Trade Zone (AFZ)

The most important factor in creating a viable business plan for a start-up company is understanding the initial costs. This page is a run through of General Cost for setting-up a company in Ajman Free Trade Zone, per expenses as follows:

1. Type of License

Each activity of a company, falls under a specific type of License. Cost per license type includes: Initial Approval, Registration, License, Smart Desk and Chamber of Commerce Certificate.

Registration, License and Smart Desk Facility Annual Fees (AED)
Trading license with 1 activity (no visa eligibility) AED 11,900
Trading license with 2 activities (no visa eligibility) AED 13,200
Trading license with 3 activities/Service license (no visa eligibility) AED 14,500
General trading license (no visa eligibility) AED 17,100
General Trading License AED 27,160
Consultancy/Service License AED 24,560
Trading License with 1 Activity AED 21,960
Trading License with 2 Activities AED 23,260
Trading License with 3 Activities AED 24,560

Note:
Additional fee of AED 600 might apply if the selected license requires pre-approval.
Fees are the subject for additional 5% Value Added Tax (VAT).

2. Type of Facility

Visa Eligibility Annual Fee
Smart Desk 2 Included in the registration package
Exclusive Physical Offices 3+ AED 37,500+

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

3. Miscellaneous Documents

Legal Documents (MOA and Share Certificate) AED 1,120
Establishment Card AED 535
Power of Attorney (Administrative) – per person AED 1,500

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

4. Residence Visa in Ajman Free Trade Zone Fees

Services Fees (AED)
Investor Visa Fees (Valid for 3 years) 3,657.00
Employment Visa Fees (Valid for 2 years) 3,657.00
Investor Visa Guarantee Deposit 2,000.00
Employee Visa Guarantee Deposit 2,000.00 + 1 month basic salary
Visa Status Change 850.00
Medical Test, Emirates ID & Photo 1,240.00
MBC Service Fees 2,500.00

Note:

  • Fees are the subject for 5% Value Added Tax (VAT).

  • Company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be 2,150 AED and 5,000 AED for the deposit, which will be refunded in case of company liquidation.

5. My Business Consulting DMCC Service Packages

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Day to day update regarding the full process

  • Obtaining Initial Approval: Company name; Activity; Shareholder's structure

  • Obtaining Registration of Company

  • Facility Arrangement/Coordination

  • Obtaining Licensing

  • Obtaining Establishment Card

  • Documents Attestation with chosen authority

  • Free document expiration notification after 1 year

Service Fee - 4,000 AED

Additional Fees:

  • Subsidiary/ Branch – 2,500 AED for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from 500 AED

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

+ 7,500 AED
Service Fee
+ 2,500 AED
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).
COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Day to day update regarding the full process

  • Obtaining Initial Approval: Company name; Activity; Shareholder's structure

  • Obtaining Registration of Company

  • Facility Arrangement/Coordination

  • Obtaining Licensing

  • Obtaining Establishment Card

  • Documents Attestation with chosen authority

  • Free document expiration notification after 1 year

Service Fee - 4,000 AED

Additional Fees:

  • Subsidiary/ Branch – 2,500 AED for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from 500 AED

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

+ 7,500 AED
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

+ 2,500 AED
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).