1 – Free
Zone Entity FZE
FZE is an entity formed and registered
in Ajman Free Zone and regulated by
the free zone authority, in accordance
to the Amiri Decree No. 3 of 1998 as
amended by the Amiri Decree N0.3 of
1996. FZE enjoys a separate legal entity
and is owned (100%) by either a person
or a corporate body. Such an entity
must have a capital equivalent to USD
50,000. The liability of the owner
is limited to the amount of the share
capital.
FORMATION AND REGISTRATION OF THE
FZE BY A CORPORATE ENTITY
A – Any corporate entity wishing
to establish an FZE must complete an
application form provided by the authority
and attach the following documents:
1 – The feasibility study of
the project and the anticipated schedule
for its completion together with relevant
plans and drawings (for industrial
project)
2 – The memorandum and / or
Articles of association of the corporate
entity.
3 – Incorporation or Registration
Certificate from the competent authority
in the country where the corporate
entity is formed.
4 – Decision or Board resolution
of the competent authority of the corporate
entity authorising a representative
or manager with Power of Attorney duly
notarised and legalised.
5 - Passport copy of the representative
or manager.
6 – The above documents should
be certified by the Chamber of Commerce
and the UAE Embassy in the Country
of origin.
B. The Free Zone Authority being satisfied
that the relevant documents are submitted,
shall register the FZE and issue a
Certificate or Registration and a Free
Zone Licence.
2 FREE ZONE COMPANY FZC:
Licences under this category are issued
to Free Zone Companies of its owned
is the Free Zone in accordance with
the Amiri Decree.
Such company enjoys a separate legal
identity and liability of its owner
is limited to the value of the paid
up shared capital.
3 BRANCH OF A LOCAL COMPANY BLC/BRANCH
OD A FOREIGN COMPANY BFC:
BRANCH OF A LOCAL COMPANY BLC:
Licences under this category are issued
to companies holding a valid licence
from any UAE licensing authority except
from other Free Zones.
BRANCH OF A FOREIGN COMPANY BFC:
Licences under this category are issued
to companies established outside the
UAE. The ownership of the company should
be 100% foreign. However, sales can
be made through a UAE registered agent
or a distributor only. The activity
may be commercial, industrial or professional/services.
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