Please be aware that the specific requirements and procedures can vary depending on the type of business structure and activity. It is advised to consult with a business setup consultant like YABS for detailed information on the specific steps and associated requirements.
Determine Business Activity
Decide on the type of media or creative activity you wish to undertake in Shams and ensure it aligns with the available licenses.
Choose Legal Entity
Select the appropriate legal entity for your business, such as a Free Zone Establishment (FZE) or a Free Zone Company (FZCO).
Gather Required Documents
Prepare all necessary documents, including passport copies, proof of address, business plan, and any specific documents required for your chosen business activity.
Submit Application
Complete the application form and submit all the required documents to Shams Free Zone for company registration.
Business Structures Under Sharjah Publishing City Free Zone (SPC)
Free Zone Establishment (FZE)
The Free Zone Establishment category is for businesses that will be owned by a single shareholder.
Established in 1988, Ajman Free Zone (AFZ) stands as a vibrant and independent ecosystem, providing businesses and investors with a sustainable environment for nurturing growth and advancement. Its independent status was achieved with the backing of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman.
Distinguished for its excellence, AFZ was honored with the 7th position in the Global Free Zone of the Year Awards 2021 by FDI Intelligence magazine. With over 9,000 companies from 165 countries benefiting from its top-notch services, AFZ plays a significant role in positively impacting the economy.
Strategically located near the Ajman Port, Dubai, and Sharjah international airports, AFZ provides companies with competitive packages and state-of-the-art facilities. This enables businesses to flourish by facilitating growth and expansion through modern solutions, streamlined license setup processes, and cost-effective pricing.
AFZ also offers AFZ+, a range of value-added services that help partners discover growth opportunities and establish themselves in niche markets. By doing so, AFZ remains committed to contributing to the socio-economic development of Ajman and the UAE.
Benefits to setup a company in Ajman Free Zone
Global Network at your fingertips
Ajman Free Zone enjoys proximity to Ajman Port, along with convenient access to Dubai and Sharjah airports. This strategic location provides businesses with extensive connectivity to markets in both the East and the West, fostering a robust network of potential customers, clients, and partners.
Impeccable Infrastructure
Ajman Free Zone offers a wide range of business centers, offices, warehouses, and other facilities to choose from. Coupled with their strong emphasis on sustainability and innovation, establishing a business in Ajman is not only a wise choice for immediate success but also serves as a strategic long-term investment.
Cost Efficient Model
Ajman Free Zone boasts world-class infrastructure, making it a cost-effective choice for company formation. Entrepreneurs benefit from competitive rates for facility usage, power, electricity, and leasing, along with the ability to hire skilled workers at a lower cost. Additionally, Ajman offers cost-efficient payment options for business setup fees, including installment plans for added convenience.
Business-Friendly Procedures & Regulations
Companies operating within Ajman Free Zone benefit from significant tax exemptions, with only a 9% corporate tax applicable if relevant. Additionally, they enjoy minimal import and export duties for non-GCC countries. Businesses also have the advantage of full foreign ownership and the ability to repatriate 100% of their capital for foreign investors. Ajman Free Zone offers a fully digitalized setup process along with access to additional banking, medical, and insurance services. Partnering with YABS ensures you obtain your license within 24 hours.
Requirements for obtaining an Ajman Free Zone license
Freezone Establishment
Application Form
Passport Copy, valid for at least 6 months
Colored Photograph
No Objection Letter from Sponsor (if the applicant is a UAE resident)
Visa Copy or UID
Branch of a local company
Application Form
Passport Copy of the Company Manager, valid for at least 6 months
Colored Photograph of the Company Manager
Visa Copy or UID of the Company Manager
Copy of Trade License
Copy of Memorandum of Association
Copy of Board Resolution
Branch of a Foreign Copy
Application Form
Passport Copy of the Company Manager, valid for at least 6 months
YABS UAE has multiple options of doing transactions with their customers. Effortlessly transform your transactions into convenient monthly payment options, utilizing our carefully curated selection of banking partners.
Process
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Make secure purchases for any YABS issued services using your credit card.
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Reach out to the banking services and inquire about the possibility of converting your purchase into an Easy Payment Plan.
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Choose from flexible payment terms of months.
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The standard terms and conditions of the banks will be in effect.
*Standard fees and terms of the banking partner shall be followed.
The free zone provides a seamless setup process for a variety of businesses. Simply select the specific activities you plan to conduct, and we'll assist you in choosing the most suitable Ajman Free Zone license type and setup option.
Choose a Relevant Business Name
When naming your Ajman Free Zone company, ensure it's unique and not already in use by another entity. Avoid references to political or religious themes. It's advisable to prepare several options to streamline the name registration process.
Apply for Trade License
Compile the necessary Ajman Free Zone license requirements based on the chosen entity type and submit them to the Free Zone authority. They will review your documents, contact you for any discrepancies, and approve the license once all criteria are met.
Open a Corporate Bank Account
Just like other services, you will need to open a corporate bank account for the business transactions. YABS UAE will help you in opening your corporate bank account with the best bank as per your needs.
