Ajman Free Zone
Company Formation
Ajman Free Zones (AFZ) is the trade-free zone in Ajman, United Arab Emirates. It is one of the unbounded zones in the United Arab Emirates which offers hassle-free free zone company formation. Ajman Free Zone has founded by H.H Sheikh Hamid Bin Rashid Al Nuaimi. Ajman Free Zone is one of the most developed free zones in the United Arab Emirates and provides a comparative advantage in both the eastern and western markets. Ajman free zone company formation is cost-effective when compared to other free zones.
Benefits of Ajman Free Zone Company Formation
Setting up a company in Ajman free zone is more advantageous to foreign investors, entrepreneurs, or startups. Its strategic location, cost-effective business model, and governmental amenities enable you to establish a company in the Ajman free zone without trouble. Some of the benefits are listed below:
- Can enjoy custom duties exemption from goods and services.
- 100% foreign ownership
- Liberal economic policies and legal framework
- Relatively low labor cost.
- Low trade license cost.
- Great location for global market reach
- The migration process is simple and quick for labor.
- Easy business registration, licensing, visa service, etc
- Easy corporate bank account opening
- Smart offices for startup companies
Ajman Free Zone License
Ajman free zone license is the fundamental requirement to establish a business. Investors and business owners must have a license from the competent authority to conduct business operations. A business owner or an individual can get one or three licenses at an affordable price. Different types of licenses are available in the Ajman Free Zone, and according to your business activities, you can choose the suitable one. They are general trading license, service license, professional license, E-commerce license, and industrial license.
Booming Bytes Business Consultancy is a team of highly qualified and experienced business setup consultants with diversified knowledge. We provide the best solution to start your business with the lowest possible cost and turnaround. We can help you with licensing, visa processing, and pro services to expand your business in UAE.
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Ajman Free Zone Company Setup Cost
Ajman free zone company setup cost is relatively low compared to other free zones. The company registration fees, visa fees, emirates id, and medical fees are some costs that a business or investor can incur while setting up a business in UAE. However, Ajman’s free zone is budget friendly and encourages reducing overall business expenditure. A multiple installment option is also available in the Ajman free zone.
Starting a business in the Ajman Free Zone requires some legal documentation. To set up a business in Ajman Free Zone, you must go through several steps according to Ajman Free Zone Authority. The procedures included in the Ajman Free Zone business setup are as follows
- Collect required documents like company details, business activity, passport, and contact details.
- Select the type of legal entity. (Branch/Free Zone Establishment/Free Zone LLC Company)
- Apply for company registration and visa.
- Obtain the license according to your business activity.
- Suggested brand names
- Passport and visa copies
- Passport-size photographs with white background.
- A certificate of incorporation of the parent company, in the case of a foreign company branch.
- In the case of a local company branch, a trade license copy of the parent company should require.
Establishing a business in the Ajman-free zone can be complex for foreign investors and entrepreneurs worldwide. At Booming Bytes Business Consultancy, we can help you to stay cool while establishing a company in the Ajman free zone. We will take care of the process that comes under company registration. For more information, please contact us without any hesitation.
Get In Touch With Booming Bytes Business Consultancy
Booming Bytes Business Consultancy offers a one-window solution for all your business needs. Our team will take care of your business and help you from business proposals to licensing to other legal formalities related to your business. Reach us out today to get high-quality business formation solutions at affordable rates.