(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 1988 as amended by the Amiri Decree No. 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 US $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:
B. The Free Zone Authority being satisfied that the relevant documents are submitted, shall register the FZE and issue a Certificate of Registration and a Free Zone Licence.
(2) FREE ZONE COMPANY FZC:
Licences under this category are issued to Free Zone Companies incorporates within the Free Zone in accordance with the Amiri Decree.
Such company enjoys a separate legal identity and the liability of its owner is limited to the value of the paid up shared capital.
(3) BRANCH OF A LOCAL COMPANY BLC/BRANCH OF 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.