Free Zone Company Setup Ajman
Set up your Ajman Free Zone (AFZ) company with 100% foreign ownership, low-cost AFZA license, and optional UAE residency visa. The most affordable route to an Ajman free zone business.
Description
Free Zone Company Setup in Ajman gives you a UAE-licensed business through the Ajman Free Zone Authority (AFZA) — one of the UAE's longest-established and most affordable free zones, founded in 1988. AFZA grants 100% foreign ownership, zero personal income tax, full repatriation of capital and profits, and the option to add a UAE residence visa for the company shareholder. It is ideal for entrepreneurs, consultants, e-commerce sellers, and SME founders who want a credible UAE business presence without the overhead of mainland licensing or premium Dubai free zone fees.
Ajman Free Zone has hosted over 9,000 active companies and offers commercial, service, e-commerce, and industrial license options at prices significantly lower than Dubai or Sharjah free zones. The AFZA campus sits 40 minutes from Dubai International Airport and close to Ajman Port, giving you logistical access to GCC markets without paying Dubai-level license fees. Flexi-desk and shared workspace options are accepted by AFZA for most service-based activities, keeping setup costs low.
Octavon Global Advisory is headquartered in Ajman Free Zone with direct working relationships across the AFZA licensing team. We handle the complete setup — license type selection, trade name reservation, KYC submission, MOA drafting, flexi-desk lease arrangement, Certificate of Incorporation, and corporate bank account introduction with Mashreq, RAKBANK, and Ajman Bank. Most clients receive their AFZ Trade License within 3 to 5 working days. Visa packages are available as an add-on at any time.
What's Included
- AFZA Trade License (Commercial / Service / E-commerce / Industrial)
- 100% Foreign Ownership
- Zero Personal Income Tax and Full Profit Repatriation
- Certificate of Incorporation
- Share Certificate
- Memorandum of Association (MOA)
- Flexi-Desk or Shared Workspace Lease Agreement
- Trade Name Reservation (3 options)
- Company Stamp
- Bank Introduction Letter
- Free Tax and Corporate Tax Consultation
- Visa Package Available as Add-on (Investor Visa)
- Bank Account Opening Support (Mashreq, RAKBANK, Ajman Bank)
- Dedicated Consultant from Start to Finish
- License Issued in 3-5 Working Days
Requirements / Prerequisites
- Minimum 1 shareholder (individual or corporate)
- Trade name must follow AFZA naming rules
- Choose 1 to 3 activities (or General Trading for unlimited scope)
- NOC from current sponsor if applicant is on a UAE residence visa
- Flexi-desk lease is included in the base package (no extra office cost)
- Visa is a separate add-on and not part of the base license fee
Required Documents
- Passport Copy (6+ months validity, all shareholders)
- UAE Visa Copy and Emirates ID (if UAE resident)
- Passport-sized Photograph
- Proof of Address (utility bill or bank statement, last 3 months)
- 3 Proposed Company Name Choices
- List of Business Activities
- NOC from Current Sponsor (if on UAE residence visa)
- For corporate shareholder: parent company documents (attested)
Our Process
- Free consultation on activity selection and AFZA license type
- Reserve 3 company name choices with AFZA
- Submit KYC documents and signed incorporation forms
- Pay AFZA license and registration fees
- Receive Initial Approval from AFZA
- Sign MOA and flexi-desk lease agreement
- Receive AFZA Trade License and Certificate of Incorporation
- Apply for corporate bank account opening (1-3 weeks)
- Add Investor Visa package separately if required
- Begin business operations
Pricing
- Basic Fee: AED 4,900
- Service Fee: AED 0
- VAT (5%): AED 245
- Total: AED 5,145
Frequently Asked Questions
What is the cheapest Ajman Free Zone setup option?
The Ajman Free Zone Authority (AFZA) license-only package starts from approximately AED 4,900 for a flexi-desk-based commercial, service, or e-commerce license without a visa allocation. Adding a visa is an optional upgrade.
Do I get a UAE residence visa with this package?
The base package is license-only with a flexi-desk lease included. A visa is not part of the base price but can be added at any time — typically the AFZ Investor Visa adds approximately AED 5,000 to the total.
Which business activities are allowed under Ajman Free Zone?
AFZA approves commercial, service, e-commerce, professional, and industrial activities — covering trading, consultancy, IT, marketing, design, online businesses, and light manufacturing. We confirm activity eligibility during the consultation.
How long does Ajman Free Zone setup take?
The AFZA Trade License is typically issued within 3 to 5 working days of payment and document submission. Total time including corporate bank account opening is usually 2 to 3 weeks.
Can I sell to UAE mainland customers from an AFZ company?
Free zone companies cannot trade directly with UAE mainland customers without a local distributor or service agent. AFZ companies are ideal for international business, B2B trade with other free zones, and digital service delivery.
What is the difference between Ajman Free Zone and Ajman Media City Free Zone?
Ajman Free Zone (AFZ) is the longest-established free zone in Ajman with a physical campus and broad activity coverage. Ajman Media City Free Zone (AMCFZ) is newer, media-focused, and supports fully remote setup. Both grant 100% foreign ownership.
Do I need to visit the UAE to set up an Ajman Free Zone company?
A short visit is typically required for KYC verification at AFZA and for opening a UAE corporate bank account in person. We coordinate the timing to keep the visit as brief as possible.