Joining Ajman Free Zone Procedure-Oct'12

8/10/2019 Joining Ajman Free Zone Procedure-Oct'12

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JOINING AJMAN FREE ZONE AUTHORITY

SALES AND MARKETING DEPARTMENT

Setting Up a New Company

Our services are providing the investor with information and details about our facilities andservices by meetings, callings and emails, as well as giving Ajman Free Zone brochure inorder to get a background about us.

Procedure for Opening New Company

The procedure of opening a new company in Ajman Free Zone takes place in one business

day.

Requirements:

FREE ZONE ENTITY (FZE)FZE is a company whereby there is a

single owner who is the 100 shareholder

of thecompany. The requirements are as under:

1. Passport copy with six months validity2. One Colour Photograph3. No Objection Letter from the existing sponsor if the applicant is a resident

of the UAE4. Business Plan is required incase of Industrial and Service license5. Registration Fees: Dhs. 100/-6. Capital: Dhs. 185,000/- or $ 50,000/- or EU 38,543/-

FREE ZONE COMPANY (FZC)FZC is a company whereby there more than one partner holding shares in acompany

. The requirements are as under:

1. Passport copy with six months validity for each partner2. One Colour Photograph for each partner

3. No Objection Letter from the existing sponsor if the applicant is a resident of theUAE

4. Business Plan is required incase of Industrial and Service license

5. Attested Partnership Agreement: Dhs. 1,000/-

6. Registration Fees: Dhs. 100/-

7. Capital: Dhs. 185,000/- or $ 50,000/- or EU 38,543/-


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BRANCH OF LOCAL COMPANY (BLC)

1. Passport copy with six months validity of the representative or the manager ofthe company

2. One Colour Photograph

3. Original License

4. Original Chamber of Commerce Certificate

5. Original Commercial Registration6. Business Plan is required incase of Industrial and Service license

7. Registration Fees: Dhs. 100/-

8. Capital: No Capital required

BRANCH OF FOREIGN COMPANY (BFC)

1. Passport copy with six months validity of the representative or the manager ofthe company

2. One Colour Photograph

3. Incorporated or Registration certificate from the competent authority in thecountry where the company is registered.

4. The Memorandum and / or Articles of Association of the company

5. Decision of resolution of the competent authority of the company authorizing it toinvest or carry out the specific activity in the Free Zone and appointing arepresentative or manager with power of attorney duly notarized and legalized toact on behalf of the company

6. Business Plan is required incase of Industrial and Service license7. Registration Fees: Dhs. 100/-8. Capital: No Capital required

NOTE:

Documents 3, 4 and 5 should be attested by the UAE Embassy & UAE Ministry ofForeign Affairs

3) Sending Company Name Approval to Chamber of Commerce (First day)

4) Calling the investor in order to sign the documents, pay and receive license (Secondday)

LICENSE TYPES

Commercial License:

1. One Activity Dhs. 3,900/-2. Two Activity Dhs. 5,200/-3. Three Activity Dhs. 6,500/-4. General Trading Dhs. 9,100/-

Professional Service License Dhs. 6,500/-

5. Marketing Research & Consultancies6. Management Consultancies7. Marketing Management8. Information Technology Consultancies9. Advertising Research & Consultancies

Industrial License Dhs. 9,100/-


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Visa Procedures

Employment Entry Permit for Owners & Partners

Submit the following requirements at the customer services department:

Application form from the website (www.afzaeforms.com )

Clear passport copy, which must be valid for at least 6 months

One recent colored passport size photograph with white background

License copy

Establishment card copy

Fees:

Employment Visa Dh. 450

Guarantee Dh. 2000 (Ticket Guarantee)

Employment Entry Permit for Employees

Submit the below requirements at the customer services department:

Application form from the website (www.afzaeforms.com)


One recent colored passport size photograph with white background

Copy of the employment contract, with signature of the first party and Stamp

(company), can be done at the typing center in AFZA Building C1).

License copy


Guarantee (one month salary + return ticket) to be paid in AFZA either

Cash or bank draft

Fees:

Employment Visa Dh. 450

Guarantee* Dh. 2000 (Ticket Guarantee)

* The guarantee is refundable after visa cancelation and the person leaves the country

Residence Visa

Submit the following requirements at the customer services department:

Application form from the website (www.afzaeforms.com ) (signed and stamped)

3 copies of the employment contract with signature of the first party and stamp

(company) , can be done at the typing center in AFZA Building C1)

4 photographs with white background

Original employment visa (entrance stamp + eye scan) or transfer visa form

Original passport (must be valid not less than 6 months)

Valid Medical Health Report (must be valid & stamped)

Finger Prints Report (must be valid & stamped)

License copy

Establishment card copy (must be valid)
http://www.afzaeforms.com/http://www.afzaeforms.com/http://www.afzaeforms.com/http://www.afzaeforms.com/http://www.afzaeforms.com/http://www.afzaeforms.com/


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Fees:

Residence Visa normal Dh. 760

Residence Visa urgent Dh. 850

Medical Health Report Procedure (can be done at Ajman hospital)*: (Located in AjmanAl Hamedya district opposite Al Hamedeya police station).

Type the application form at the hospital

Submit the application with a copy of the employment visa, passport Copy & 4 colored

photographs with the fees of 630 AED

The result will be received within 2 3 days

* Procedures & fees may be changed according to the hospital rules.

Finger Prints Report Procedure (should be done at MUSHIRF police Station, Ajman next to ETISALAT - opposite of Ajman city center) *:

Submit original passport, original employment entry permits and medical HealthReport with the fees of 25 AED

The result will be received within 1 2 Day

* Procedures & fees may be changed according to the MOI rules.(http://www.moi.gov.ae/en/home/index.aspx)

Owners and partners passports can remain with them.

Visit Visa

All companies are eligible for two visit visas at a time (except EOC &Smart Offices companies

one visit visa). To apply for visit visas submit the below requirements at the customer

services department:

Application form from the website (www.afzaeforms.com )

One recent colored passport size photograph with white background and with official

dress


License copy


Fees:

Visit visa request 1 month Dh. 1500 Visit visa request 3 months Dh. 2500 Guarantee* Dh. 1000

* The guarantee is refundable after visa cancelation and the person leaves the country
http://www.moi.gov.ae/en/home/index.aspxhttp://www.moi.gov.ae/en/home/index.aspxhttp://www.moi.gov.ae/en/home/index.aspxhttp://www.afzaeforms.com/http://www.afzaeforms.com/http://www.moi.gov.ae/en/home/index.aspx


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Apply for No Objection Letters

To apply for NOC letters for banks, traffic police, Etisalat, electricity, Ministry of Commerce,

consulates, etc., submit the below requirements at the customer services department:

Request letter from the company signed by authorized & stamped by the company

seal.

License copy.

Clear passport copy validity (6month).

Fees Dh. 50

Opening the Bank Account

Most of the banks require the following documents but the approval depends on the bank

policy:

NOC letter from AFZA. (Can be obtained from the customer service department after

submitting request letter from the company signed and stamped by the authorizedperson, license copy and owner passport copy plus the fees.

Original passport for the owner/partners with the resident visa.

Original license.

Original Chamber of Commerce certificate & commercial registration.

Rental agreement.

You can find a list of UAE banks onhttp://www.uaelinks.com/dir/uae-banks

Changing Activity

To change the business activity on the license, the following documents are required:

Request letter from the company

Original License

Original Chamber of Commerce Certificate

Original Commercial Registration (if available)

Business Plan (in case of industrial or services activities)
http://www.uaelinks.com/dir/uae-bankshttp://www.uaelinks.com/dir/uae-bankshttp://www.uaelinks.com/dir/uae-banks

Joining Ajman Free Zone Procedure-Oct'12

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