Beyond Dawlish

Renewing a business license in Ajman Free Zone is a crucial step for businesses operating in the region. Understanding the renewal costs and associated fees helps businesses plan their finances and avoid penalties. Ajman Free Zone offers competitive renewal costs, making it a popular choice for entrepreneurs and investors looking for an affordable business setup in the UAE.

Factors Influencing the Renewal Cost of an Ajman Free Zone License

Several factors impact the total cost of renewing an Ajman Free Zone license, including the type of license, visa requirements, office space, and additional services. Below is a breakdown of the key cost components.

1. Type of Business License

Ajman Free Zone offers various types of business licenses, each with its renewal cost structure.

• Commercial License – For businesses engaged in trading activities

• Industrial License – For manufacturing and industrial businesses

• Service License – For consultancy and professional service providers

• Freelancer Permit – For independent professionals and self-employed individuals

The renewal cost varies based on the license type and the nature of the business operations.

2. Visa Renewal Fees

If a business requires visas for its employees or investors, renewal fees must be factored into the total cost. The costs include

• Investor visa renewal

• Employee visa renewal

• Dependent visa renewal

• Emirates ID renewal

Visa renewal fees typically range from AED 3,000 to AED 5,000 per visa, depending on the visa type and duration.

3. Office Space Renewal

Ajman Free Zone businesses must maintain a registered office. The renewal cost depends on the type of office space selected

• Flexi-desk – A cost-effective option with shared office facilities

• Executive office – A private, dedicated office for business operations

• Warehouse or industrial space – For businesses requiring storage or manufacturing facilities

Office renewal costs can range from AED 5,000 to AED 50,000 annually, depending on the space and business activity.

4. Government and Administrative Fees

Renewing a license involves paying government and administrative fees, which may include

• Trade license renewal fee

• Chamber of Commerce renewal

• Ejari tenancy contract renewal

• Legal translation and notarization fees

These fees can vary based on business activity and regulatory requirements.

5. Additional Services

Businesses may opt for additional services that impact the overall renewal cost, such as

• PRO services for handling paperwork and government approvals

• VAT registration renewal

• Business bank account maintenance

• Sponsorship or local partner fees for mainland-linked entities

Estimated Renewal Cost Breakdown

1. Free Zone Business Renewal Costs

• Trade license renewal AED 10,000 – AED 15,000

• Visa renewal per visa AED 3,000 – AED 5,000

• Office rental renewal AED 5,000 – AED 50,000

• Additional services AED 2,000 – AED 10,000

2. Freelancer Permit Renewal Costs

• License renewal AED 6,000 – AED 10,000

• No visa renewal required unless the freelancer has a UAE residence visa

• No office rental required for some categories

Avoiding Penalties for Late Renewal

Failing to renew an Ajman Free Zone license on time can result in fines and business restrictions. To avoid penalties, businesses should

• Keep track of their license expiration date

• Submit renewal applications well in advance

• Ensure all outstanding government fees and documents are up to date

• Work with PRO services for smooth and timely renewal processing

Conclusion

Renewing an Ajman Free Zone license involves various costs, including trade license fees, visa renewals, office rent, and government charges. The total cost depends on the business type, office space, and visa requirements. Planning for renewal expenses in advance ensures smooth business operations and compliance with Ajman Free Zone regulations.