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Boost in Ajman Company Formations in 2Q 2017

Boost in Ajman Company Formations in 2Q 2017

July, 2017

The emirate of Ajman has issued 1052 business licenses in the second quarter of 2017.

These superb results were announced by the Planning and Development Division at Ajman Department of Economic Development (DED) and were reported by Emirates News Agency.

Furthermore, there has been a 12.3% increase in the number of license renewals for the second quarter of this year as compared with the first quarter of this year.

These figures reflect the confidence that investors have in Ajman’s economic environment.  They are proof that investors are highly attracted to Ajman and are selecting Ajman for their company setups.

We are Experts in the Field of UAE Company Formation – Read about how we can Assist you with Your Ajman Company Formation

Increased Ajman company formations will continue to accelerate the development of the emirate’s economy, making Ajman a key destination for investment in the region.

Ajman Company Formation Packages

$99 – Ajman Offshore Company Formation

$1,450 – Ajman Free Zone Company Formation

*** Click Here for a Full Written Quotation ***

Why Ajman Company Formation?

There are many reasons to set up a company in Ajman.  Ajman Free Zone offers some great advantages and benefits to investors, some of which are:

  • Zero personal income tax
  • Zero import and export duties
  • Zero other taxes
  • 100% ownership of the company
  • 100% foreign ownership of the company
  • Easy transfer of capital and profits
  • Modern infrastructure
  • Modern facilities at competitive prices
  • 24/7 access to client facilities
  • One-stop services for Ajman company formations
  • Fast issuing of business licenses
  • Strategic location (only 12 km from Dubai) and easy access to two international airports, four seaports and modern highways connecting Ajman to other emirates
  • Low cost for power / electricity
  • Pools of low cost labour

We can Help you Make Your Vision a Reality – Click Here for Your Ajman Company Formation

FBS Kotsomitis – Our Promise to You

We are experienced Dubai, RAK and UAE company formation specialists.  Our highly trained team of professionals is at your disposal.

Our promise to our Clients ……..FBS Kotsomitis promises to provide the best possible service to our clients to make setting up Dubai, RAK and UAE companies simple and hassle-free. 

We have first-hand experience of what works in the UAE to ensure our clients’ success and prosperity.

You are Our Priority – Contact Us for Your Ajman Company Formation

Click Here to See our Competitive Prices

We will guide you through the five steps for your Ajman company formation – Click on the links below for the 5 simple steps to set up your company in Ajman or other UAE location:

Step One: Get in Touch with FBS Kotsomitis

Step Two: Select your ideal company type

Step Three: Start the company formation process

Step Four: Choose your bank and open your corporate and personal bank accounts

Step Five: Begin to operate your company together with our support

Frequently Asked Questions on Ajman Company

Ajman Company Formation FAQ
QuestionAnswer
What types of business activities are permitted at Ajman Free ZoneAll types of legitimate business activities are permitted in AFZ.

Business activities are subject to approval by the Ajman Free Zone Authority.

What types of business licenses are issued at Ajman Free Zone?AFZA offers four types of business license:

Trading License – issued to foreign, local or free zone companies for trading in the free zone.

Industrial License – issued to foreign, local or free zone companies for manufacturing in the free zone.

Professional/Services Licenses – issued to foreign, local or free zone companies to carry out the provision of professional services in the free zone.

National Industrial License – issued to a registered company operating inside the free zone, that meets the following criteria:

  • The company is registered within the GCC and a GCC national owns a majority of shares of minimum 51%.
  • Up to 40% of the manufacturing activities are carried out within the free zone.
What types of companies are available at Ajman Free ZoneFree Zone Establishment (FZE)

  • Minimum capital required: AED 185,000
  • The (sole) owner is liable up to the amount of the capital
  • An independent corporate entity

Free Zone Company (FZC)

  • Minimum capital required: AED 185,000
  • The (multiple) owners are liable up to the amount of the capital
  • The company is set up by individuals or companies

Branch of a Local Company – no minimum capital required

Licenses are issued to the free zone companies holding a valid license issued from any other UAE licensing authority.

Branch of a Foreign Company – no minimum capital required

Licenses are issued to companies that are already established outside the UAE. The company ownership is 100% foreign. Sales are via a UAE registered agent or distributor.

Do I need a local partner for my Ajman company formation?No, there is no need for a local partner or a sponsor. The investor is the exclusive owner of the company.
Does an investor need a UAE residency to form a company in Ajman Free Zone?Investors do not need to have a UAE residency.
Can I set up companies elsewhere in the UAE with my Ajman Free Zone license?Licenses issued by Ajman Free Zone are valid for commercial activities within the Free Zone.  They cannot be used to set up companies in other emirates.  You can use your Ajman Free Zone license to sell goods to other emirates via a registered agent or a distributer.
Is there an option for lease or purchase of Ajman Free Zone facilities?All facilities at Ajman Free Zone are leased to investors on an annual basis, with yearly renewals.
Do I have to rent an office in order to get a business license?Yes, you have to rent an office at AFZ before you are issued a license.

Click Here for More Information on Ajman Company Formation

About Ajman Free Zone

Ajman Free Zone (AFZ) was launched in 1988 and it covers an area of over one million square metres.  The creation of Ajman Free Zone has led to a huge increase in industrial activities in the emirate of Ajman and has attracted thousands of companies presently housed in the free zone.

Investors setting up companies in AFZ enjoy many benefits and advantages.  AFZ provides competitive advantages and modern facilities which means that investors enjoy a healthy return on their investment.

Contact us to Discuss Your Ajman Company Formation Needs and for Guidance and Consulting

Prices and Start-Up Packages:Fees for the First Year and Subsequent Years
RAK ICC Offshore Company Registration for $1025Company Formation Fees and Annual Fees
Dubai or RAK Free Zone Company Formation for $3100Incorporation Fees and Annual Running Fees
UAE VAT, Tax, Accounting and Other FeesFees for Other Services
Click Here For 5 Steps Dubai, RAK And UAE Company FormationEmail us Now to Get Quotation
UAE Company Formation Packages
Start-up Fee PackagesCompany Set-up in Dubai, RAK and UAE
UAE Offshore Company FormationStartup Fee Package - 1st year

By forming an offshore company in the UAE you can have a UAE address and run your business tax free internationally, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK

Dubai  Offshore Company: $2100 + annual fees $1840 = $3940


Ras Al Khaimah - RAK ICC: $1025 formation + $1840 annual fees = $2865

Free Zone Company Incorporation in the UAEStartup Package - 1st year

By setting up a free zone company in the UAE you can enjoy the privileges of onshore presence and UAE and international trading  tax free, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK. Residence Visa is given to investors and staff.

Dubai Free Zone Company: $3100


RAK Free Zone Company: $3100


Sharjah Free Zone Company: $3100


Abu Dhabi Free Zone Company: $3100

Extra UAE Company Set-up Services on requestPrices

Virtual office, telephone  answering, mail forwarding, accounting, tax and VAT services and consulting, PRO services and Visa processing

On request - we price our services very competitively and are flexible to find fair agreements with clients

Offshore Companies and Free Zone Companies in Dubai, RAK and UAE
RAK Offshore Company - RAK ICCDubai Offshore Company - JAFZA
DMCCRAK Trade Free Zone
DAFZAAjman Free Zone
JLTRAKIA - RAK Investment Authority

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