HomeFree Zone Company - Ajman Free Zone - Maintenance and Technical Operation Solutions for Industrial Machines Consulting

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Consulting Company SetupMaintenance and Technical Operation Solutions for Industrial Machines Consulting

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Ajman Free Zone logo
JurisdictionAjman Free Zone
Service
Short description

This company can engage in preparation of initial studies to improve the performance of the operating processes and create a negative gaps and to develop new mechanisms for programming processes for the maintenance and operating IT solutions for machines and industrial machinery. The activity cannot include exercise or installation as well as training activity on those machines.

About the company's activities
Types of activities

The following business activity has been selected for the AFZ company setup:

  • Maintenance and Technical Operation Solutions for Industrial Machines Consulting (7110961). Includes preparation of initial studies to improve the performance of the operating processes and create a negative gaps and to develop new mechanisms for programming processes for the maintenance and operating IT solutions for machines and industrial machinery and reform has no right to exercise or installation as well as training activity on those machines.

The company can engage in up to five business activities under one license without additional fees.

Additional External Regulator Approvals

No additional approvals are required to register a company conducting this business activity.

Share Capital Requirements

The minimum share capital required for AFZ company is AED 10,000. Its contribution is optional.  
If the share capital exceeds 100,000 AED, its contribution becomes mandatory.

Company Name Requirements
  • Must correspond to the company’s business activities
  • Must not be identical or similar to local/global brands or registered trademarks
  • Must not contain geographical names, such as the names of emirates, cities, countries and other landmarks
  • Must not contain the names of Allah or God, or any other religious terminology
  • Must not contain the names of local/international religious, political or governmental organizations
  • Must not infringe any third party's intellectual property rights
  • Must not violate the UAE laws or contain words that are obscene, indecent or generally offensive
Bank Account

Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.

When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.

Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.

About Jurisdiction
Name and Description
  • Title: Ajman Free Zone
  • Description:

    AFZ (Ajman Free Zone) is a free economic zone (free zone) established in 1988 in the Emirate of Ajman, UAE. Since its inception, AFZ has established itself as a significant economic hub in the region, attracting a diverse range of businesses and contributing to the socio-economic development of both Ajman and the UAE as a whole. Its strategic location near the Port of Ajman and proximity to Dubai and Sharjah international airports provide seamless access to key transportation networks, making AFZ an attractive choice for international investors.

    The free zone offers a wide range of infrastructure solutions, including office spaces, warehouses, and industrial complexes for various sectors such as trade, professional services, manufacturing, logistics, and agriculture. This makes AFZ a key hub for business projects targeting both local and international markets. Businesses registered in AFZ are permitted to operate both within the free zone and beyond the UAE.

    AFZ issues the following types of business licenses:

    • Commercial (wholesale and retail trade)
    • Professional (provision of services)
    • Industrial (manufacturing)
    • E-commerce
    • Freelance
    • Offshore

    Through integration with global supply chains and fostering international partnerships, the free zone plays a vital role in expanding business opportunities in the region. AFZ is ideally suited for companies of all sizes, from startups to large corporations, offering equal opportunities for scaling, innovation, and strengthening their position in a dynamic business environment.

Advantages

The AFZ company registration provides various benefits and opportunities for entrepreneurs:

  • Access to local and global markets. Companies registered in the free zone can conduct business within the free zone and beyond the UAE. This helps to expand business, create and strengthen partnerships and and enables interaction with clients and partners worldwide.
  • Strategic location. The free zone is situated near Ajman Port and close to Dubai and Sharjah international airports, providing convenient access to key transportation hubs. This makes the free zone especially attractive for companies focused on logistics, import, and export.
  • Remote company registration. The free zone enables entrepreneurs to establish their business remotely, without the need for physical presence in the UAE, providing convenient access to the registration process from anywhere in the world.
  • Full profit control. The free zone enables foreign entrepreneurs to retain 100% ownership of their company, granting full control over profits and unrestricted capital repatriation outside the UAE. This fosters an optimal environment for strategic financial planning and efficient business management, free from limitations on economic activities.
  • Wide range of business activities. The free zone offers licenses for more than 1,500 types of businesses, enabling entrepreneurs to develop projects across various industries, including trade, logistics, manufacturing, construction, agriculture, and more.
  • Infrastructure. The free zone provides modern infrastructure, including office and retail spaces, warehouse complexes, and manufacturing zones. Key facilities include business centers like Ajman Boulevard and Al Zorah, the Ajman Car Market, China Mall, and other locations designed to offer comfortable conditions for businesses.
  • Business ecosystem. The free zone features a comprehensive ecosystem designed to support and grow businesses. The AI Robotics Hub is equipped with advanced digital tools and an integrated business system to streamline operational processes. The E-commerce Hub supports companies in the e-commerce sector by offering incentives, professional assistance, and modern co-working spaces.
Offices/Premises
  • Various rental property options are available in AFZ, provided upon preliminary request and subject to availability:
    1. Virtual Office (AED 0/year). An official registered address without the need to rent a physical office solution. Included in the Kickstarter package. The Virtual Office doesn't afford any visa quotas.
    2. Smart Office (AED 0/year). A workspace in a coworking with access during working hours. Included in the registration packages "Starter Visa", "Dual Visa", "Trinity Visa" and "Quad Visa". The Smart Office affords up to 4 visas.
    3. Executive Office (AED 900 per sq.m./year). A private office ranging from 10 to 130 sq.m. with unlimited 24/7 access. Included in the registration packages "1 Visa", "2 Visa", "3 Visa" and "4 Visa". The Executive Office affords up to 8 visa quotas, depending on the office area, calculated at 4 sq.m. per quota. An additional quota costs AED 1,500. A refundable deposit of AED 500 will be charged.
    4. Business Facilities:
      • Warehouses (AED 400 per sq.m./year). Premises ranging from 87 to 1,200 sq.m. with unlimited 24/7 access. The number of visa quotas is determined by the rented area, calculated at 8 sq.m. per visa quota. A refundable deposit will be charged.
      • Commercial premises. Retail, industrial premises, and land plots. A refundable deposit will be charged.
Tax Regime and Profit Management

The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:

  1. Value Added Tax (VAT):
    • Since January 1, 2018, the UAE has implemented a VAT rate of 5%, which applies to most goods and services and is charged to companies operating within the country, except for those registered in designated zones.
    • A Designated Zone is a territory within a free zone that is treated as outside the UAE for tax purposes, allowing goods to be exempt from taxation, provided certain criteria are met. The main taxation rules in Designated Zones are:
      • Designated Zones are listed in the Cabinet Decision to Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT).
      • Goods tranferred between or within Designated Zones are not subject to VAT.
      • The export and import of goods between a Designated Zone and a foreign company are also VAT-exempt.
    • For local companies and those registered in Non-Designated Zones (free zones not included in the Designated Zones list), the standard tax rules set forth in the Federal Decree-Law on VAT apply.
      • Companies with an annual turnover exceeding AED 375,000 are required to register with the Federal Tax Authority (FTA) as VAT taxpayers.
      • Companies with a turnover between AED 187,500 and AED 375,000 may register on a voluntary basis.
      • Companies can offset VAT paid on purchases of goods and services (input VAT) against the VAT they collect on sales (output VAT), shifting the tax burden to the final consumer.
      • Some goods and services may be exempt from VAT or taxed at a 0% rate, such as international transportation, educational, and medical services.
  2. Corporate Tax:
    • As of June 1, 2023, the UAE has introduced a corporate tax at a rate of 9%, levied on the taxable net profit of companies with income exceeding AED 375,000.
    • A 0% rate is applied to taxable income not exceeding AED 375,000.
    • Charitable, non-profit organizations and medical institutions are fully exempt from corporate tax.
  3. Excise Tax:
    • Since October 1, 2017, the UAE has introduced an excise tax aimed at reducing the consumption of harmful products and funding healthcare initiatives.
    • The tax applies to alcohol, tobacco products, and beverages containing added sugar, including energy and carbonated beverages.
    • Excise tax rates vary by product category:
      • 50% on carbonated drinks (excluding mineral water)
      • 100% on tobacco products
      • 100% on energy drinks
      • 100% on electronic smoking devices and related liquids
      • 50% on products containing added sugar or sweeteners.
    • Companies dealing with excise goods must register with the Federal Tax Authority (FTA), submit monthly declarations, and maintain records. Excise tax is paid upon the import, production, or release of goods for consumption in the UAE.
  4. Customs Duties:
    • Custom duties in the UAE are applied to most imported goods at a standard rate of 5% of the cost, insurance, and freight (CIF). Some product categories, such as pharmaceuticals and food items, may be exempt from duties or subject to reduced rates.
    • Goods imported into the UAE's free zones are generally not subject to customs duties as long as they remain within these zones. However, once such goods are moved to the UAE mainland, standard duties apply.
  5. Personal Income Tax:
    • In the UAE, personal income is not subject to taxation.
    • UAE citizens and residents are exempt from paying taxes on their personal income, including salaries, interest, dividends, inheritances, gifts, luxury goods, and capital gains.
  6. Other Local Taxes and Fees:
    • Individual emirates may impose specific local taxes and fees in line with their economic and social needs.
    • These taxes and fees are aimed at supporting public services and implementing infrastructure projects.
Resident Visas

AFZ offers the following main types of UAE resident visas for foreign investors and company employees:

  • Investor Visa:
    • Issued to foreign investors and entrepreneurs who invest in or acquire companies.
    • Allows for business management, living, and working in the UAE.
    • Grants the right to sponsor family visas.
    • Valid for two years but can be canceled if the investor is absent from the UAE for more than six months.
  • Employment Visa:
    • Issued by the company for its foreign employees.
    • Permits residency and employment in the UAE.
    • Depending on the job position, education and specialization may need to be verified.
    • Valid for two years but can be canceled if the employee is absent from the UAE for more than six months.
    • Can be renewed alongside the employment contract.
  • Dependent Visa (for family members and domestic staff):
    • Issued to the sponsor's family members and accompanying domestic staff (nannies, housekeepers, caregivers, etc.).
    • Permits residency in the UAE.
    • Valid for two years.
  • Freelance Visa:
    • Issued to independent professionals working in fields such as technology, media, marketing, design, and other industries.
    • Permits residency and employment in the UAE.
    • Issued for two years but can be canceled if the professional is absent from the UAE for more than six months.

Order service directly at AFZ

Total:

Order the support of an authorized platform partner

Plan:
Standard
Premium
Total:

Order services directly through AFZ

With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with AFZ representatives, and assist in coordination

  • Direct access without intermediaries
  • No additional fees
  • No commissions

Choose our "Standard" plan

Receive expert guidance from an authorized consultant who will manage the entire process of obtaining AFZ services

  • Time-saving
  • Predictable outcomes
  • Personal expert assistance
  • Business-class transportation to service locations
  • Minimal involvement required

Opt for our "Premium" plan for top-tier expert guidance

An elite consultant will oversee the process of obtaining AFZ services, ensuring a seamless experience

  • VIP airport reception in Dubai for one person
  • Premium-class airport-hotel-airport transfers
  • Expedited VIP procedures
  • Guaranteed results
  • Personal expert available 24/7
  • Premium-class transportation to service locations
  • Minimal involvement required
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