OVERVIEW OF BUSINESS SETUP IN THE FREE ZONE IN UAE
Business Setup in any UAE Free Zone just takes a maximum of 3 days, Not only that, lots of perks come along!
The Business set up in any free zone is profitable for entrepreneurs, while the right choice of free zone needs smart market expertise. Get connected with Time Zone Business Management Consultancy to make the right choice for your new or expanding ventures.
We welcome any business: starting from freelancers, ending with light manufacturing and trading companies.
Free Zone company setup is attractive to those who start a new business from scratch due to its competitive fees for young entrepreneurs and multiple installment payment plans.
HOW TO START A BUSINESS SETUP IN THE FREE ZONE
- Business centers
- Flexi–desks – available without monthly time limits
- Offices
- Business Hub
- Warehouses
All facilities and offices can be either located within the free zone headquarters or in a separate tower nearby.The warehouse complex has significantly grown and covers a vast area around UAE.
Key Steps For A Business SetUp In the Free Zone
Step 1
Initial
Consultation
Step 2
Identify the
Business Activity
Step 3
Finalize Free
Zone Jurisdiction
Step 4
Opt the
Licensing Package
Step 5
Make Payment
Step 6
Security approval processing
Step 7
Obtain
License
Step 8
Obtain
Immigration Card
Step 9
E Channel
Registration
Step 10
Visa
Processing
Step 11
Bank
Account Opening
Step 12
VAT
Registration
FREE ZONE COMPANY SETUP REQUIREMENTS
The following documents and information will be required:
- Passport copy
- Passport size photo
- Residential address, phone number and email
- Company name
- Business activity
- Number of Visas required
Has your business setup consultants in UAE for your Free Zone company registration. It can be done without your visit to the Free Zone.
After the company is registered you will receive your set of corporate documents:
- License
- Chamber of commerce registration certificate
- Lease agreement
- Memorandum (for companies with multiple partners)
These documents will enable you to apply for corporate bank account in UAE.
ACTIVITIES
- Trading
- Service
- General Trading
- E commerce
- Industrial
- Media
Many Free Zones allows having trading & service active under 1 licence.
BUSINESS SETUP IN THE FREE ZONE WITH MULTIPLE PAYMENTS PLAN OFFERED FOR AJMAN FREE ZONE ONLY
AFZA is the only free zone in the UAE which officially offers multiple installments payment option. You can pay for the company by 2, 3 or 6 installments.
There are certain conditions set by Ajman Free Zone Authority to be met. Most important one – the payment should be provided by post-dated cheques from a UAE bank. So if you go for 3 installments for Ajman Free Zone license, you can pay the initial payment by cash and provide the remaining payments by 2 cheques on the day of application for the company.
In case you don’t have a bank account, you can use the cheque of a friend or a relative presenting a NOC from the cheque holder, apart from that, you need to provide past 3 months bank statement as proof of funds.
UAE RESIDENCY VISAS
- Entry permit visa
- Medical check up
- Finger print
- Visa stamping
- Emirates ID
If you processed your resident visa while being in the UAE on a tourist visa or cancelled visa, you will need to change your status to resident after the entry visa is issued.
Benefits Of Business Setup in The Free Zone
Setting up in the Free Zone is suitable for any business and there is no reason not to recommend it. We are registered with all Free zones in UAE, which is a great hub for small start-ups due to the lowest incorporation costs for them. Larger businesses will enjoy the facilities.
BENEFITS OF BUSINESS SETUP IN THE FREE ZONE COMPANY
- Fast registration – License in one day
- Chamber of commerce Certificate upon company setup
- Multiple installments plan: pay for AFZA license in 2, 3 or 6 installments
- Sea port and Warehouses within Ajman Free Trade Zone
- Unlimited usage of flexi desk
- General trading activity with non-visa package – the cheapest in the UAE
START YOUR BUSINESS TODAY
ATTRACTIVE PACKAGES FOR BUSINESS SETUP IN THE FREE ZONE
BUSINESS SETUP IN THE FREE ZONE
DOCUMENTS FOR AJMAN FREE ZONE COMPANY SETUP
DOCUMENTS
Description of business
NOC from sponsor for UAE visa holders
PASSPORT IMAGE
PASSPORT
PROCEDURE FOR BUSINESS SETUP IN THE FREE ZONE
1 DAY
Visit AFZA for company formation
1-3 WEEKS
Establishment card
1 WEEK
Entry permit
1 DAY
Medical Check-Up and Emirates ID
4 day
Visa stamping