3. Choosing the type of legal entity to be registered.
4. Application & registration of license for relevant business. Relevance of business entity.
5. Application for visas.
Businesses registered in AFZ pay no corporate tax on their earnings. No import or export duties: There is no import or export duties on the goods and services traded within AFZ. This may save a business quite a lot of money on trading costs.
Preparing documents: The following documents need to be submitted to the Ajman Free Zone Authority (AFZA): Letter from the company for exit or dissolution of business. Copy of company's trade license. Memorandum and Articles of Association of the company.