Step-by-Step Guide to Company Formation in Ajman Free Zone (AFZ)

Step-by-Step Guide to Company Formation in Ajman Free Zone, Dubai

The Ajman Free Zone (AFZ) is one of the UAE’s most cost-effective and investor-friendly business hubs, offering flexible company setup options for entrepreneurs, SMEs, and foreign investors. If you’re looking to establish your business in a location that provides full ownership, strategic access to UAE markets, and simplified regulations, Ajman Free Zone company formation is an excellent choice.

In this guide, we’ll explain the step-by-step process of setting up your company in AFZ, including documents, timelines, and helpful tips to ensure a smooth start.

Step-by-Step Process of Setting Up a Company in Ajman Free Zone (AFZ)

1. Understand the Ajman Free Zone (AFZ)

Established in 1988, Ajman Free Zone provides a gateway for businesses to the UAE, GCC, and global markets. It’s known for its affordable license packages, strategic location near Ajman Port, and investor-friendly environment.

Key advantages include:

100% foreign ownership
Zero corporate or personal income tax
Repatriation of capital and profits
Modern business infrastructure
Easy visa and immigration processes

Learn more about the benefits of the Ajman Free Zone Company Formation page.

2. Choose Your Business Activity in Ajman Free Zone

The first step is selecting the right business activity that matches your goals.
AFZ offers over 3,500 activities, including:

Trading (import/export and local distribution)
E-commerce and digital services
Consultancy and professional services
Industrial and manufacturing operations

Choosing the correct activity affects your license type, office space, and visa eligibility. For a full list of options, VA Zone experts can guide you through UAE Free Zones to find the best match for your industry.

3. Select the Company Type in Ajman Free Zone

Ajman Free Zone allows three main company structures:

Free Zone Establishment (FZE)—for single shareholders.
Free Zone Company (FZC)—for two or more shareholders.
Branch Office—for existing local or foreign companies expanding into the UAE.

Each structure has its own requirements and benefits depending on your business model. VA Zone’s company setup and formation experts can help you decide the best structure for your needs.

4. Choose the Right License Type in Ajman Free Zone

AFZ offers several license categories:

Trading License – for import, export, and distribution.
Service License – for professional and consultancy businesses.
Industrial License – for manufacturing and production.
E-Commerce License – for online and digital platforms.

Your chosen license will define what activities you can legally perform.

5. Decide on Office Space or Facility

Ajman Free Zone provides flexible options based on your business size and budget:

Smart Offices – affordable workspace for startups and freelancers.
Executive Offices – ideal for medium-sized businesses.
Warehouses and Industrial Units – for logistics, manufacturing, and storage.

Selecting the right facility also determines your visa quota and operational permissions.

6. Prepare the Required Documents

To begin the company formation process, you’ll need the following documents:

A passport copy of all shareholders and managers
Passport-size photographs
Proof of address (utility bill or tenancy contract)
Business plan (if applicable)
No-Objection Certificate (NOC) for UAE residents

VA Zone ensures your documents are correctly prepared and submitted for approval.

7. Apply for Initial Approval

After choosing your business activity, company type, and license, submit your application to the Ajman Free Zone Authority for initial approval.

The process typically includes:

Name reservation
Activity approval
Document review

This stage usually takes 1–2 working days when everything is correctly submitted.

8. Make the Payment and Receive Your License

Once approved, you’ll receive a payment voucher for your chosen license and facility.
After payment, AFZ issues your business license, registration documents, and lease agreement — officially making your company operational.

The entire setup can be completed in as little as 3–5 working days.

9. Apply for Visas and Open a Bank Account

With your company license issued, you can now:

Apply for investor and employee visas under your company.
Open a corporate bank account in the UAE.
Start business operations legally.

VA Zone assists with visa processing, Emirates ID, medical tests, and banking arrangements for a seamless experience.

10. Renew Your License Annually

Your Ajman Free Zone license must be renewed every year. Renewal involves:

Paying the annual fee
Updating your lease agreement
Renewing visa and immigration files if needed

Timely renewal ensures you maintain good standing with AFZ authorities.

Why Choose VA Zone for Your AFZ Company Setup?

At VA Zone, we simplify the entire Ajman Free Zone company formation process—from selecting your business activity to getting your license and visas issued. Our experts provide full support for documentation, banking, and compliance, ensuring your business is set up and ready without delays.

Final Thoughts

Setting up a company in Ajman Free Zone is one of the smartest ways to enter the UAE market with minimal costs and maximum flexibility. Whether you’re launching a new startup or expanding an existing business, following this step-by-step process will help you start quickly and efficiently.

For personalized assistance, visit the Ajman Free Zone Company Formation page or connect with our team at VA Zone today.