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Ajman Free Zone : Request For Change License Information

Name of the Organization : Ajman Free Zone
Type of Facility : Request For Change License Information
Location : Ajman
Country : United Arab Emirates
Website : https://www.afz.ae/

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AFZ Change License Information

To amend and do some slight changes in the license.
For instance, updating nationality & passport number of the owner(s).

Related : Ajman Free Zone Transfer Visa From Old To New Passport : www.statusin.org/6183.html

Required Documents

** Application form from the website
** Original License
** Chamber Of Commerce Certificate + Commercial Registration (if required)
** Old lease agreement (if required)
** Old partnership contract ( for F.Z.C only if required)
** New Partnership contract ( for F.Z.C only if required)
** Passport Copy
** 1 photograph of the owner (if required)

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Fees

Change Information Fee Dh. 500
New Partnership agreement (if required) Dh. 1000

Note:
** Owner must be physically present while applying the above procedure.
** An authority letter (Power of Attorney) must be submitted in case the owner/manager authorizes a person to sign/apply on his behalf in his absence.
** In the country: an authority letter (Power of Attorney) attested from
** Any court in UAE
** Out of county: an authority letter (Power of Attorney) attested from:
** UAE embassy in the foreign country
** Ministry of foreign affairs in the UAE

Contact Us:
Phone: +971 6 7011555
Fax: +971 6 7429222

FAQs

Does the Free Zone Offer Any Kind of Financial Support ?
The free zone does not offer any kind of financial support to investors however, investors and companies in the Ajman Free Zone are free to knock the door of other companies and financial institutions across the country concerning loans and financing projects

Is a Local Partner Required to Invest in the Free Zone ?
Having a local partner or a sponsor who is a UAE citizen is not a requirement, according to current policies and conditions, the investor is considered the exclusive owner of 100% of the business including freedom of residency on personal guaranty

What is the Minimum Capital Required to Start Working in the Business Sector in the Free Zone, And is it Required for a Local or a Foreign Company’s Branch ?
There is no minimum capital required if the investor wants to set up a branch for his/her company or institution whether local or foreign.

As for companies or new institutions that fall under the classification (F.Z.C-F.Z.C) or (F.Z.C-F.Z.E) minimum capital required is 50,000 US Dollars or 185,000 AED

What is the Difference Between a Free Zone Establishment (F.Z.E) and a Free Zone Company (F.Z.C) ?
A Free Zone Establishment (F.Z.E) has a sole owner while a Free Zone Company (F.Z.C) has multiple owners

What are the Documents I Receive Along with the License ?
Documents that you automatically receive when applying include the license, the certificate of commercial and industrial chambers, and the lease. As for documents you should apply for, they include the establishment contract, and the partners shares’ certificate

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