Ajman NuVentures Centre Free Zone (ANCFZ) has signed a Memorandum of Understanding with Abu Dhabi Islamic Bank (ADIB), marking a key step in strengthening support for investors. The MoU was signed in the presence of Mr. Rishi Somaiya, CEO – ANCFZ, and Mr. Amit Malhotra – Global Head of Retail Banking ADIB, who discussed opportunities at both national and global levels. This strategic partnership focuses on providing seamless banking and financing solutions, streamlining the account opening process, and introducing special banking packages exclusively for ANCFZ companies. ADIB will also support ANCFZ’s vision of positioning itself as the UAE’s Digital Free Zone, enabling a more efficient and investor-friendly business ecosystem.
Ajman NuVentures Centre Free Zone (ANCFZ) successfully hosted its first Indian Investment Roadshow in Delhi, presenting attractive business and investment opportunities to a vibrant group of investors and entrepreneurs. Mr. Rishi Somaiya, CEO of ANCFZ, highlighted the exclusive investor packages, strategic benefits, and Ajman’s investor-friendly ecosystem, inspiring confidence among investors exploring opportunities in the UAE. The initiative reflects ANCFZ’ s growing global footprint and commitment to fostering international partnerships.
Ajman NuVentures Centre Free Zone (ANCFZ) is proud to announce the signing of a Memorandum of Understanding (MoU) with Thara Entrepreneurship Hub Ajman, marking a strategic collaboration to support and nurture startups and innovative ventures in the Emirate. The MoU was signed by Mr. Rishi Somaiya, CEO of Ajman NuVentures Centre Free Zone, and Mr. Marwan Harib, CEO of Thara Entrepreneurship Hub to strengthen a shared commitment and build a thriving entrepreneurial ecosystem that drives innovation and sustainable growth. Through this partnership, ANCFZ and Thara Entrepreneurship Hub will offer business setup support, mentorship programs, workspace solutions, and access to strategic opportunities; empowering startups to grow and succeed within Ajman’s dynamic business landscape. The collaboration aims to inspire innovation, empower entrepreneurs, and shape the future of the UAE’s startup community.
The UAE continues to cement its status as a global investment hub, but for international businesses establishing a presence, one critical hurdle often remains: the opening of a corporate bank account. Recognizing this crucial touchpoint, the Ajman Nuventres Centre Free Zone (ANCFZ) is proud to announce a strategic Memorandum of Understanding (MoU) with Ruya Bank to simplify and accelerate financial onboarding for its growing community of investors. Clearing the Path for Financial Connectivity For international companies, delays in securing a corporate bank account can significantly slow down the transition from company registration to active operations. This MoU is a direct and proactive solution to that challenge.The partnership with Ruya Bank is designed to provide ANCFZ investors with seamless and priority access to corporate bank accounts. By working collaboratively, the Free Zone and the bank have established an expedited and efficient process that removes unnecessary friction, ensuring that new businesses can access essential financial services with greater speed than ever before.This enhancement means that companies operating within ANCFZ can rapidly move funds, process transactions, and manage their working capital, thereby shortening the time-to-market and enhancing overall operational efficiency.Reinforcing the Dynamic EcosystemThis collaboration is more than just an administrative upgrade; it is a powerful strategic move that aligns perfectly with ANCFZ’s core mission.By strengthening the financial infrastructure and service offerings, this partnership:
This strategic collaboration unites ANCFZ’s mission to enhance the ease of doing business in Ajman with Wio Bank’s commitment to delivering next-generation, digital-first banking experiences tailored to the needs of modern entrepreneurs. Ajman NuVentures Centre Free Zone (ANCFZ), one of the UAE’s most dynamic and digitally driven business setup destinations, and Wio Bank PJSC, the UAE’s first platform bank, have signed a Memorandum of Understanding (MoU) to streamline the process of business setup and banking solutions for freezone clients. This strategic collaboration unites ANCFZ’s mission to enhance the ease of doing business in Ajman with Wio Bank’s commitment to delivering next-generation, digital-first banking experiences tailored to the needs of modern entrepreneurs. By embedding financial services directly into the company formation journey, the partnership eliminates traditional barriers, accelerates time-to-launch, and equips business owners with the tools and confidence to succeed. Aligned with the UAE’s national vision to foster entrepreneurship and SME growth, this initiative integrates financial services into the free zone ecosystem – supporting economic development while simplifying the path to business ownership. It also reflects Wio’s broader strategy to build ecosystem partnerships that unlock innovation, drive progress, and enable seamless business enablement. Entrepreneurs setting up in ANCFZ will benefit from a fully digital onboarding experience, including the ability to submit a Wio Business account application in minutes and activate their account within three working days – significantly faster than traditional banking timelines. This integration addresses a long-standing challenge in SME setup and positions ANCFZ as a differentiated free zone offering in the UAE. “At Wio Bank, we are committed to empowering SMEs and entrepreneurs with smart, intuitive banking solutions designed around their ambitions. This partnership with ANCFZ is a powerful demonstration of that commitment in action. In line with the UAE’s vision to make business easier, faster, and more accessible, we’re showing how digital transformation can drive real-world impact. By integrating banking into the business setup journey, we’re not only removing barriers – we’re creating a launchpad for opportunity, growth, and long-term success.” – Prateek Vahie, Chief Commercial Officer, Wio Bank PJSC “Our mission is to make business setup seamless. Partnering with Wio Bank takes this vision further by integrating essential banking directly into the journey. Together, we’re enabling entrepreneurs to launch with confidence, accelerate growth, and contribute to Ajman’s position as a rising hub for innovation and SME success.” – Rishi Somaiya, Chief Executive Officer, ANCFZ The collaboration is expected to benefit approximately more than 2000 SMEs annually, with ANCFZ continuing to grow as a hub for entrepreneurial activity in Ajman – already supporting the aspirations of more than 5000 investors and business founders.
We are thrilled to announce a major milestone in our mission to empower entrepreneurs and businesses across the UAE: the official opening of our new representative office in Dubai’s FDI Zone. This strategic expansion is a testament to the rapid growth of Ajman Nuventures Centre Freezone (ANCFZ) and our commitment to making business setup as seamless and accessible as possible. Why Dubai? Bridging the Gap, Fueling Innovation While our heart and primary operations remain in the dynamic Emirate of Ajman, the decision to establish a presence in Dubai’s FDI Zone was a natural one. Dubai is a global business hub, a magnet for international investment and a launchpad for a diverse range of companies. By having a representative office here, we are bringing the unique advantages of ANCFZ directly to the doorstep of a wider pool of investors and innovators. Our Dubai office, located in the prominent Aspin Commercial Tower on Sheikh Zayed Road, is more than just a physical space. It is a strategic platform designed to: • Offer Direct Access: We are making it easier than ever for entrepreneurs in Dubai and beyond to learn about and leverage the benefits of an ANCFZ license.• Enhance Our Service: This new hub allows us to provide on-the-ground support and expert consultation to our growing client base, ensuring a smooth and efficient setup process.• Strengthen Partnerships: The office will serve as a central point for fostering collaborations and building a stronger network with local and international partners. The ANCFZ Advantage: Speed, Efficiency, and Innovation Ajman Nuventures Centre Freezone was established with a clear vision: to simplify business setup and foster innovation. We are a digitally-driven free zone that uses cutting-edge technology, including AI and machine learning, to streamline every step of the process. With ANCFZ, you can expect: • Rapid Licensing: Get your business license in as little as two hours. We believe your time is valuable, and our automated systems are designed to minimize paperwork and waiting periods.• Quick Visa Processing: Secure your residence visa in as fast as two days. Our goal is to get you up and running without unnecessary delays.• Cost-Effective Solutions: We offer a variety of affordable business packages tailored to suit different needs, with packages starting from a competitive price.• Full Foreign Ownership: Enjoy 100% foreign ownership of your business, with no need for a local sponsor.• A World of Opportunities: From technology and e-commerce to trading and professional services, our unified license offers a diverse range of activities to support your business ambitions. Your Journey Starts HereWhether you are a startup with a groundbreaking idea or a multinational corporation looking to expand, the Ajman Nuventures Centre Freezone is your ideal partner in the UAE. Our new Dubai office, in collaboration with FDI Zone, is ready to guide you through a seamless and efficient business setup experience. We invite you to visit our new representative office to discover how ANCFZ can be the catalyst for your success.Contact Us Today:Ajman Nuventures Centre Freezone – Dubai Representative Office Office 901, 9th Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, United Arab EmiratesPhone: +971 (04) 386 9597 Email: info@fdizone.ae We look forward to welcoming you and helping you turn your entrepreneurial dreams into reality.
Ajman NuVentures Centre Free Zone (ANCFZ), the UAE’s most innovative business setup destination, has introduced a flexible new offering: the “Pay as You Go” package — a forward-thinking, investor-friendly solution designed to eliminate high startup costs and empower entrepreneurs to launch and grow their businesses at their own pace. In a market where affordability, adaptability, and simplicity are more important than ever, the “Pay as You Go” model offers a smarter path to entrepreneurship. Investors can now establish their companies with minimal upfront costs and choose to pay for additional services — such as visa processing, legal documentation, or office upgrades only when they’re needed. “Ajman NuVentures is redefining the business setup experience,” said Rishi Somaiya, CEO of Ajman NuVentures Centre Free Zone. “With ‘Pay as You Go’, we’re enabling founders to avoid upfront financial burdens, giving them the freedom to scale strategically. It reinforces our goal of giving entrepreneurs the autonomy they need to build and grow their ventures.” Ajman NuVentures Centre Free Zone sets itself apart by offering two-hour business license issuance, 24-hour visa processing, and a fully digital portal where ANCFZ specialists manage all setup and administrative tasks on behalf of clients. This allows entrepreneurs to focus on growing their businesses while ANCFZ handles the complexities traditionally associated with business registration and compliance. Designed to meet the needs of today’s fast-paced business landscape, ANCFZ’s launch of the “Pay as You Go” package highlights its ongoing commitment to removing barriers, enhancing accessibility, and supporting sustainable economic growth, in alignment with Ajman Vision 2030. For more information about Ajman NuVentures Centre Free Zone or to kick-start your entrepreneurial journey, contact us at +971 680 88888, email: info@ancfz.ae or visit: https://ancfz.ae.