Frequently Asked Questions
Ajman NuVentures Centre Free Zone (ANCFZ) FAQs
Introduction to ANCFZ
ANCFZ is a new-generation free zone in Ajman, UAE, designed to support startups, SMEs, and international investors. It offers fast-track company setup, competitive packages, and a wide range of business activities.
Any individual, entrepreneur, or corporate investor (local or international) can establish a company in ANCFZ. There are no nationality restrictions for shareholders. The low-cost Ajman company setup makes it easier for stakeholders to join. ANCFZ also offers the Cheapest Free Zone in the UAE for Company Set up.
ANCFZ is based in Ajman, UAE, and is strategically located close to Ajman Port, Sharjah International Airport, and Dubai International Airport.
Company Setup and Structure
ANCFZ offers over 3,500 approved business activities across commercial, industrial, service, consultancy, and education sectors. This gives investors the flexibility to combine multiple activities under a single license.
The available company structures are:
- Free Zone Establishment (FZE):For a single shareholder (individual or corporate).
- Free Zone Company (FZC):For multiple shareholders (up to 50), including the Free Zone Company with Visa Dubai.
- Branch Office: A branch of an existing local or foreign company.
ANCFZ has no minimum paid-up capital requirement for most business activities.
Company setup can usually be completed within 15 minutes if all documents are in order. A fast company setup in 2 hours ensures speedy processing.
Typical requirements include:
- Passport copy of shareholders and directors
- Passport-size photographs
- Proof of residence (e.g., utility bill or tenancy contract)
- Application form and proposed company name(s)
Note: Additional documents may be required depending on the activity and shareholder type (individual or corporate).
Benefits and Regulations
Key benefits include:
- 100% foreign ownership
- No personal income tax
- No capital gains tax
- No property tax
- Competitive setup costs and packages
- Wide range of business activities under one license
- Strategic location in the UAE with global connectivity
ANCFZ also offers a Blockchain Tokenization License Dubai, an E-Commerce License UAE, online company registration in the UAE, and a Free Zone Company University License.
Most commercial, service, and consultancy activities are permitted. However, regulated activities such as financial services, healthcare, and education may require additional approvals from relevant authorities.
Licenses must be renewed annually. The process is straightforward and can often be completed online without the need for shareholders to be physically present.
Visas and Corporate Services
Yes, ANCFZ provides fast visa issuance within 24–48 hours after company registration. Available visa categories include:
- Investor/Partner visas (for shareholders)
- Employment visas (for staff)
The process includes a medical fitness test, Emirates ID, and visa stamping.
Yes, licensed companies are entitled to apply for UAE residence visas for their employees, shareholders, and dependents. The visa quota depends on the office space/package chosen.
ANCFZ offers flexi-desk, shared office, and private office options. For most businesses, flexi-desk solutions are sufficient and cost-effective. Physical office space is only required for specific activities.
Yes, ANCFZ companies are eligible to open corporate bank accounts with leading local and international banks in the UAE. The free zone provides assistance and introductions where required.