1 / 23
230 likes | 242 Views
Ajman Free Zone Authority gives a way to free zone company formation and offshore company formation. There are 12,000 companies operated in AFZA.
E N D
Ajman Free Zone Authority Ajman Free Zone Authority - - AFZA AFZA Ajman Free Zone Authority was established in 1988 in Ajman, United Arab Emirates. The free zone gives way to free zone company formation, offshore company formation, and foreign direct investment. Currently, there are more than 12,000 companies operated in AFZA.
Why choose Ajman Free Zone Authority Why choose Ajman Free Zone Authority Better connectivity doesn’t exist Better connectivity doesn’t exist Ajman Free Zone is well-connected globally through the waterways and airways. The Ajman portand Dubai, aswell as Sharjah Airport,are in Free Zone’s proximity. Easy to setup Easy to setup Just choose your business type, fill the application, and submit the documents, make the payment, and get the license. The company formation process is fast as well as easier in AFZA.
Why choose Ajman Free Zone Authority Why choose Ajman Free Zone Authority 100% company ownership 100% company ownership While setting up a business in Ajman Free Zone, you need not part your equity with anyone. Youcan hold allthe company shares andhave complete ownership. Best Infrastructure Best Infrastructure The AFZA offers Flexi desks, offices, warehouses, land, and onsite accommodation with optimum qualityandbest facilities. Business Business- -friendly laws friendly laws Repatriation of capital, as well as profit, is allowed completely. Moreover, companies are fully exempted from the corporate tax. Theimmigration policies for employees are simplified.
Type of Business Setups in AFZA Type of Business Setups in AFZA Branch of a Foreign Company Branch of a Foreign Company This license is provided to companies which are established outside the United Arab Emirates, and wish to establish a branch in the UAE. The business activities conducted by the company can be commercial, service-related, or manufacturing. The 100% foreign ownership is provided,allowing one to own the company fully.
Type of Business Setups in AFZA Type of Business Setups in AFZA Branch of a Foreign Company Branch of a Foreign Company Following Followingdocuments documentsare arerequired requiredto toset setup upa a branch branchof ofa a foreign foreigncompany companyin in Ajman AjmanFree FreeZone ZoneAuthority Authority: : 1. 2. 3. 4. 5. 6. Companymanager’s passportcopy – must be validfor at least6 months Memorandum of Association Copy Visa copy of company manager A colored photographof the company manager BoardResolutioncopy Tradelicense copy
Type of Business Setups in AFZA Type of Business Setups in AFZA Branch of a local company Branch of a local company This license is provided to the local companies which are already established in the UAE outside Ajman Free Zone Authority. The ownership remains the same, and a suitable license is required according to the company’s activities.
Type of Business Setups in AFZA Type of Business Setups in AFZA Branch of a local company Branch of a local company There are a few essential documents which you need to submit while applyingfor a local company’s branch formation: 1. Tradelicense copy 2. Visa copy of company manager 3. BoardResolutioncopy 4. Companymanager’s passportcopy – must be validfor at least6 months 5. Memorandum of Association Copy 6. A colored photographof the company manager
Type of Business Setups in AFZA Type of Business Setups in AFZA Free Zone Company (FZC) Free Zone Company (FZC) In Free Zone Company Formation, corporate individuals are allowed to apply for a license. It is a limited liability company that strengthens the willingness of foreign investors to set up their company in Ajman Free Zone. For Free Zone Company Formation, you require to submit the below- mentioned documents along with the application. After the verification and payment, the required license will be provided. Each partner’s passport copy –must be valid for at least 6 months If the applicant is from the UAE, he needs to submit a no-objection certificate from the sponsor. A colored photograph of each partner UID or Visa Copy for each partner. • • • •
Type of Business Setups in AFZA Type of Business Setups in AFZA Free Zone Company (FZ Free Zone Company (FZE E) ) Free Zone Establishments enjoy the status of an independent entity and allows 100% foreign ownership. The company is exempted from corporate tax, and 100% repatriation is permitted. For setting up a Free Zone Establishment, submit these documents along with the application and get started with your business: Visa copy of company manager Company manager’s passport copy –must be valid for at least 6 months A colored photograph of the company manager UAE Residents need to submit no objection letter from the sponsor. • • • •
Facilities and solutions in AFZA Facilities and solutions in AFZA Flexi Desks Flexi Desks As the workspace is an essential part of a business and putting the right cost for workspace is critical for start-ups and new organizations. The Flexi Desk gives an option to use the investment carefully by providing the facility of a shared office. Ajmer Free Zone has no time limit on the usage of Flexi Desk. Each desk is assigned to a company, and they can use it during the working hours. Executive Offices Executive Offices The executive offices are designed to cater to all the business requirements. They are spacious and can be customized exactly as per your business setup. For flexibility and convenience, they are strategically located, making the work fun and fruitful.
Facilities and solutions in AFZA Facilities and solutions in AFZA Freelancer Hub Freelancer Hub Besides Flexi desks, there is a dedicated freelancer hub that offers flexible co-working spaces, which lets one grow his business cost- effectively.
Facilities and solutions in AFZA Facilities and solutions in AFZA Onsite Accommodation Onsite Accommodation Ajman Free Zone Authority provides onsite accommodation so that companies can take great care of the employees to get optimum business results. For that reason, the onsite accommodation at AFZ is well facilitated. Land and Plots Land and Plots This is a suitable option for the companies looking for long term investment and planning to prepare their own facility as per their needs. The landspaceis providedas per the yearly lease plan.
Facilities and solutions in AFZA Facilities and solutions in AFZA Warehouse Warehouse Warehouses are suitable for businesses having activities related to trade and manufacturing. The warehouse comes with an inbuilt office space and eligibility for getting fourteen resident visas. It comes with all utilities required, 24/7 security, and a parking facility. The minimum available warehouse space is 100 m2. You can even get forklifts, cleaning services, and Laborby paying a minimal extra cost. Business Centre Business Centre If you can run your business with a shared space, the business center is the exact spot for you. Besides co-working spaces, you get access to meeting rooms and lounger area for your clients. Business Centre is suitable for trading, professional,and commercial services.
Facilities and solutions in AFZA Facilities and solutions in AFZA General features General features • You can get a furnished office and save yourself from putting huge efforts from establishing the office elements. • In case you wish to customize the office yourself, you can get the unfurnished office. • Each member can get toresident visas. • For your office security, 24/7security andsurveillance is setup. • 150+ appservices willhelp you todigitalizeyour business. • The Ajman port, Sharjah, and Dubai Airport and the primary highways are in convenient proximity.
AFZA: License Types AFZA: License Types Services License Services License Before getting the license, one needs to mention the kind of services business is going to provide to its clients. The businesses can only operate those services which are mentioned over the license contract clause. Pioneers License Pioneers License This license is dedicated to the specific age group- from 20 years to 30 years old. The primary aim behind introducing this license is to provide professional independence to the youth by empowering them. It is suitable for undergraduates, postgraduates,andstart-ups. entrepreneurs,
AFZA: License Types AFZA: License Types Commercial License Commercial License There is a range ofactivities and products mentioned in the license clause. This license promotes Ajman Free Zone Authority as it gives the accessibility to a business toimport, export, and distribute products related to the entertainment throughout the UAE. E E- -commerce License commerce License This license is required when a company is involved in B2B and B2C electronic trading. AFZA provides value- added services that you can choose from their e- commerce packages.
AFZA: License Types AFZA: License Types Freelancer License Freelancer License This is an inexpensive license having low rates and cost-effective renewal options. introduced for the benefit of individual freelancers. However, there are forty categories offered by AFZ, and the individual must fall under any of them to become eligible for this license. Offshore License Offshore License Offshore License is required for every company which is incorporated in a jurisdiction, which is different from the jurisdiction where the business activities are carried out. The offshore company formation in Ajman Free Zone Authority is beneficial to foreign enterprises conducting business allover the world. It is specially
AFZA: License Types AFZA: License Types Industrial/Manufacturing License Industrial/Manufacturing License Manufacturing License is essential for the industries which perform manufacturing of products within the free zone. It provides them the approval to import the required raw material, manufacturing the product, and exporting the product globally.
AFZA : FAQs AFZA : FAQs Is there any restriction implemented to the good’s Is there any restriction implemented to the good’s import and export in AFZA? import and export in AFZA? As per the rules and regulations of the Port and Customs organization of the UAE, one first needs to request a Custom Code Letter through the AFZ portal. This will provide you permit to import and export goods. Is there any grace period on license renewal? Is there any grace period on license renewal? Yes, one month grace period is provided to all the companies for the license renewal after the expiry dateof the license.
AFZA : FAQs AFZA : FAQs Is it possible to change the license activity type? Is it possible to change the license activity type? Yes, one needs to raise a Service Request (SR) through the customer portalpresent under the client services option. How to apply and obtain new visas for the How to apply and obtain new visas for the employees? employees? Through AFZA’s online portal, first apply for “Entry Permit,” then go to the “Visa Status Amendment.” You need to select the option- “New Residency Visa Stamping.”
N R Doshi and Partners N R Doshi and Partners Company Formation Service Company Formation Service N R Doshi and Partners has experienced company formation agents when one talks about the mainland company formation, offshore company formation, or free zone company formation. Our agents have worked with different industries established in various free zones. We can conduct the Ajman Company Formation service for you by taking care of the licensing and leasing process. Our business setup services in AFZA include consultation regarding the required license, type of company you must form in Ajman Free Zone, and suitable workspace for you and your employees. We even provide assistance in getting resident visas for your employees and their bank account opening. By taking advantage of our efficient, fast, and facile company formation service, you can get started with your business in no time.
