How Much Does It Cost To Set Up A Business in Ajman Free Zone?
Ajman Free Zone is a business hub that provides a range of opportunities for entrepreneurs and businesses looking to establish a presence in the United Arab Emirates. The free zone offers a favorable business environment with modern infrastructure, state-of-the-art facilities, and a range of support services to assist businesses in achieving their goals.
Numerous opportunities are available in Ajman Free Zone, including establishing a company, establishing a branch office, or becoming a freelancer.
As Ajman free zone provides businesses with a range of benefits, such as 100% foreign ownership, no corporate or personal income tax, no customs duty, and access to a range of incentives and support services – it becomes essential to understand how much it costs to set up a business in Ajman free zone.
How Much Does It Cost To Set Up A Business In Ajman Free Zone?
The cost of setting up a business in the Ajman Free Zone depends on various factors, such as the license type, business activity, and the facilities required. However, the Business Setup Packages in Ajman Free Zone start from AED 5,000 for the Pioneer Package and go up to AED 16,895 for the Trading License Package. Additionally, there may be additional costs for visas, office space, and other related expenses.
So let’s explore the benefits and incentives of setting up your business in Ajman and how to calculate an estimated cost for your company setup.
Company Registration Fee in Ajman Free Zone
The company registration fees in Ajman Free Zone depend on the license type and business activity. Generally, the registration fees for a Company Formation in the Ajman Free Zone range from AED 8,500 to AED 15,000. However, these fees may vary depending on the business’s specific requirements, and there may be additional charges for visas, office space, and other related expenses.
Ajman Free Zone License Fees
The license fees in Ajman Free Zone vary depending on the license type and business activity. Here are the types of licenses and their fee for your consideration.
| License Type | Description | Starting Package Cost |
| Trading License | For investors intending to carry out trading activities | AED 16,895 (USD 4,600) |
| Industrial License | For setting up a manufacturing unit in the Freezone area | AED 9,185 + Warehouse Fees according to the Size |
| Services License | For providing services in the field of management, accounting, consulting, IT, eCommerce, marketing, etc. | AED 14,325 |
| Freelancer License | For freelancers across 40 business categories | AED 6,000 |
| Pioneers License | For under-graduates, post-graduates, young entrepreneurs and startup companies | AED 5,000 |
Ajman Free Zone Visa Costs
The cost of obtaining a visa in the UAE depends on factors such as the type of visa, profession, and current location status, with Investor visas having a 3-year validity and owner, partner, manager, and employee visas having a validity of 2 years.
| Visa Type | Visa Application Cost | Medical Test and Emirates ID | Investor Bank Guarantee Deposit (refundable) | Employee Bank Guarantee Deposit (refundable) |
| Investor Visa | AED 2635 | AED 1100 | AED 2000 | N/A |
| Employee Visa | AED 2635 | AED 1100 | N/A | AED 2000 + 1 month salary |
Office Space Costs
The cost of office space in Ajman varies depending on the location, size, and office facilities. Ajman Free Zone offers a range of options for businesses, including a flexi-desk, shared offices, and private offices, with prices starting from AED 8,000 per year for a flexi-desk and AED 25,000 per year for a shared office.
FAQs About Business Setup Cost in Ajman Free Zone
How much is the license fee in Ajman?
Here’s the license fee breakdown depending on the type of business license you are getting.
- Service License: AED 24,550 / USD 6,726
- Commercial License: AED 21,950 / USD 6,014
- General Trading License: AED 27,150 / USD 7,438
What is the minimum capital for Ajman free zone?
The minimum share capital for Ajman Free Zone is AED 185,000/ USD 50,000.
Conclusion
Ajman Free Zone offers a favorable business environment with benefits and incentives for entrepreneurs and businesses looking to establish a presence in the United Arab Emirates.
While the costs involved in setting up a business in the UAE free zone may vary depending on various factors, this blog has provided valuable insights into the registration and licensing fees, visa costs, office space expenses, and other expenses involved.
By gaining a better understanding of these costs, entrepreneurs and business owners can make informed decisions about their investment and growth plans and take advantage of the opportunities offered by Ajman Free Zone.
If you want to learn more about Business setup in UAE we have related guides on it.