Advantages
- One of UAE’s oldest and most affordable free zones — established 1988
- 9,000+ companies from 160+ countries
- Unique instalment payment plan (2, 3, or 6 instalments) — only UAE free zone offering this
- Fast company formation and straightforward process
- 100% foreign ownership with full profit repatriation and tax exemptions
Disadvantages
- – Ajman is UAE’s smallest emirate — limited logistical connectivity vs. Dubai or Abu Dhabi
- – Banking options more limited; primarily Ajman Bank and some Dubai-based banks
- – Less prestige than Dubai free zones for international business
Setting Up a Company
Easy (4/5)
Simple, affordable, and fast. Instalment payment option is a unique benefit. Licence in 3–5 business days.
Opening a Bank Account
Hard (2/5)
Ajman Bank and some Dubai banks work with AFZA entities. Neo-banks are increasingly accessible. International banks may add difficulty.
Frequently Asked Questions
How much does it cost to set up a company in AFZA?
Zero-visa package AED 7,000–8,500; 1-visa from AED 12,000. Instalment plans available (2, 3, or 6 instalments).
What business sectors are supported by AFZA?
Ajman Free Zone supports the following sectors: Trading, E-commerce, Consulting, Manufacturing, Logistics. Businesses in these industries can obtain a licence and operate within the free zone.
Is it easy to open a bank account with a AFZA licence?
Ajman Bank and some Dubai banks work with AFZA entities. Neo-banks are increasingly accessible. International banks may add difficulty.
Does AFZA require a physical office?
No, a physical office is not mandatory. Flexi-desk and virtual office options are available. Virtual office (AED 1,500–3,000), flexi-desk (AED 5,500–9,500), and private offices (AED 14,000–25,000+) available.
How many visas can I get through AFZA?
Visa quota at Ajman Free Zone: Up to 6 visas per licence based on package and office.