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Important Information

OFFSHORE: Ajman Free Zone (AFZ)

  • All procedures, requirements, timelines, and costs are valid at the time of going to print, however, may become subject to change without notice.
  • Company documentation is issued from Ajman Free Zone, part of the Government of Ajman. Please note the registered address for your new company will be c/o CREATIVE ZONE, Suite 1901, Level 19, Boulevard Plaza Tower 1, Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai, PO Box 27363, Dubai, UAE as per what will appear in your Memorandum and Articles. Please note that any mail sent to this address will be destroyed unless you have subscribed for the mail management service.
  • Please note that you will not be able to secure an independent physical PO Box in Dubai with Empost for your company.
  • The client certifies that all information and documents provided to CREATIVE ZONE are authentic and accurate, and the client accepts that should any information or documents submitted found not to be authentic or accurate the client will be reported to the relevant authorities and be liable for prosecution.
  • The client also certifies that they understand and are compliant with the Anti Money Laundering standards set out by Ajman Free Zone, and understand that failure to comply with said standards will result in the client being reported to the relevant authorities and be liable for prosecution.
  • Any payments received by CREATIVE ZONE towards any product or service is non-refundable unless agreed otherwise. This condition is valid even if the payment received is not for the full amount of the service or product subscribed for and/or the customer has yet to provide CREATIVE ZONE with all the correct documentary requirements for said product or service and/or their application is rejected by the licensing authority for any reason.
  • Timelines correlate to working days not calendar days.
  • Applications are submitted for processing and indicated timelines commence upon realization of payment
  • The cut-off time for documents to be submitted/received, and payments to be received/realized is 1 pm; anything received after this time will be processed the following working day.
  • No visas are issued under an AFZ Offshore company.
  • Hand-written passports are not accepted; all passport copies submitted should be electronic/typed passports.
  • Passports bearing only your first name and no surname will not be accepted.
  • With regard to the access to our banking contacts, CREATIVE ZONE will simply provide a list of banking contacts, after which the onus is on the client to contact the banking representative directly and organize a meeting at a time and venue of the client and banking representative's choosing. CREATIVE ZONE is not involved beyond providing the list of banking contacts, furthermore CREATIVE ZONE does not provide any assurances that the company bank account will be successfully opened or how long it will take for the bank account to be opened, the onus is on the client to liaise with the banking representative and satisfy the requirements and protocols of the bank in order to successfully open and maintain their company bank account. Please note that the client is not obliged to open their company bank account through our banking contacts, and is free to utilize their own banking accounts at any bank of their choosing.
  • You will NOT be able to open your company bank account in absentia - all relevant parties will need to be physically present in the UAE when meeting with the banker.
  • In order to keep your company bank account active, you will need to visit your bank annually with your original Certificate of Good standing which will indicate you have renewed your license and present it to the bank for sighting, this must be carried out on or before the expiry date of your current License.
  • No cheque books will be issued for AFZ Offshore Companies.
  • Certain UAE banks will be unable to open a bank account for the company should you select 'General Trading' as one of your preferred business activities.
  • Business Center services are provided by the Business Center under their Department of Economic Development (DED) License. These services aren't provided directly by CREATIVE ZONE.
  • With regard to your dedicated phone number with the Business Centre, please note that a call forwarding charge is applicable e.g. when they receive a call on your dedicated phone number and forward the call to your mobile.
  • Printing and photocopying at the Business Centre is also chargeable.
  • Furthermore, should you wish to use the 'honesty bar' at the Business Centre you will need to lodge a credit card with them as security and settle your bill daily. Please note only hot beverages are complimentary i.e. tea and coffee everything else is chargeable.
  • The Ministry of Finance will not issue Tax Residency Certificates to Offshore Companies and Branches of Foreign Companies.
  • With regard to meeting rooms hours and days at the internet café, no partial bookings are accepted, i.e. a half hour meeting room booking will be viewed as 1 hour, and similarly if you use the internet café for 2 hours it will be viewed as 1 day. Furthermore, if for example 2 of you are using the internet café on the same day and occupying 2 desks, that will count as 2 days usage. Furthermore, desk space cannot be shared, you can only have 1 person occupying 1 desk. If you would like additional meeting room hours and/or internet café days you may approach the Business Centre and pay them the applicable rates directly. Also, please note that desk usage at the internet café is on a first come first serve basis, and meeting rooms need to be booked in advance and are subject to availability. Unused meeting room hours or internet café days cannot be rolled over to the following month.
  • Any regular mail received will be kept for 60 calendar days and will be discarded thereafter if not collected. Any parcels received will carry a handling fee of AED 100 per item in addition to any applicable customs fees; parcels will be discarded after 21 calendar days if not collected.
  • The client agrees to only carry out the activities listed in their Memorandum and Articles and furthermore confirm that they will not carry out or invoice for any of the following business activities in any jurisdiction under their AFZ Offshore Company: Insurance, Banking, Financial Services, Arms and Ammunitions Trading, Intellectual Property Services, Media Services, Security Services, Publishing, Advertising Services, Movie Production, Gambling, Casino, Tobacco and Liquor Trading.
  • The words "Media", "School" and "Events" are not permitted as part of the Company Name, nor are the names of Cities or Countries.
  • All Board Resolutions, Power of Attorneys and No Objection Letters will need to be attested by the Free Zone if they are to be used for any purpose in the UAE i.e. for opening bank accounts, or for your offshore company to become a shareholder in another UAE Company etc. The cost for the attestation of each document is AED 750.
  • The CREATIVE ZONE package (Support Services and company registration) is valid for one year starting from the commencement date on the Company Incorporation docs and both must be renewed annually.
  • Should payment for the renewal of the CREATIVE ZONE package not be made by the expiry date of the Company, all services will be discontinued including any telephone number you have subscribed for. Any reconnection of the telephone number once it has been disconnected which will become subject to a charge of AED 350. Furthermore, you will be charged a penalty of AED 100 per day after the date of expiry until you either renew the CREATIVE ZONE package or complete the closing/cancellation procedure, you will also be liable to pay any applicable government fees (closing/cancelling fees and late fees for closing/cancelling after the expiry date of the Company, or late fees for renewing your Company after the expiry date of the Company) for the same. The government fees to close the Company prior to the expiry date of the Company is AED 3,000.
  • CREATIVE ZONE shall not be held liable for the non-compliance with any Federal Tax Authority laws, regulations, policies etc. 
  • Furthermore, at the time you close the company, Ajman Free Zone will require you to submit the following: request letter to close the company, a signed and stamped board resolution on your company letterhead stating you wish to close the company, a letter to appoint an auditor to liquidate the company (who will need to be an accredited accounting/auditing firm in the UAE) along with a liquidation report from the auditor. The cost of the liquidation report is separate to the government cancellation fees mentioned above. Kindly contact us for further details.
  • If you currently were born in the following countries and/or hold a passport from these countries, you won't be able to incorporate your offshore company with AFZ Free Zone: Israel, Iran, and Iraq.