ANC Freezone Company Setup Cost:
2-Hour License & 0% UAE Corporate Tax Compliance
The Ajman NuVentures Centre Free Zone (ANC Freezone) is the newest free zone in Ajman, offering a fully digital business setup experience designed for global entrepreneurs, SMEs, and investors. Known for its ultra-fast license issuance (as little as 1–2 hours) and visa approvals within 24–48 hours, ANC Freezone is transforming how companies establish a UAE presence.
- 100% Ownership
- Company Formation in 5-10 days
- Bank Account Opening Assistance
- 0% Withholding Tax
- Mixed Activities Allowed
What Is Ajman NuVentures Centre Free Zone (ANC Freezone)?
ANC Freezone is a next-generation business hub launched in Ajman to meet the needs of modern entrepreneurs and investors. Unlike traditional free zones, ANC operates with a 100% digital-first approach, allowing international clients to complete their company setup entirely online.
ANC’s core competitive advantages are its market-leading velocity metrics and streamlined structure:
1–2 Hour License Issuance: The fastest licensing turnaround in the UAE, contingent on perfect initial documentation.
24–48 Hour Visa Approval: Expedited residency visa processing.
Zero Capital Requirement: No mandatory share capital deposit is required; declaration during registration is sufficient, freeing up capital for operations.
Mandatory Administrative and Visa Fees
Estimated costs for IFZA company setup
Cost Breakdown
| Cost Component | Requirement Context | Estimated Cost (AED) |
|---|---|---|
| Initial Approval Fee | Mandatory pre-licensing clearance | ~240 |
| Security Approval | Required for key personnel (Investor/Manager) | 1,000 |
| Establishment Card | Mandatory document for all visa applications | 1,800 – 2,000 |
| Visa Stamping / Processing | Per person (Excludes EID/Medical) | 1,850 – 2,000 |
| Trade Name Registration | Dependent on name complexity | 620 – 2,000 |
ANC supports cash flow management by offering installment options and provides a 10% discount for full upfront payment of the annual fee.
Why Choose ANC Freezone for Business Setup?
Choosing ANC Freezone comes with exclusive benefits tailored to modern businesses:

Flexibility
Up to 10 activities on one license, including consultancy, trade, and digital services.

Speed & Convenience
Same-day company licenses and 48-hour visa approvals.

Ownership
100% foreign ownership and full repatriation of capital & profits.

Strategic Location
Proximity to Ajman Port, Dubai International Airport, and Sharjah International Airport.

Tax Efficiency
0% corporate and income tax, with access to UAE’s double taxation treaties.

Global Appeal
Ideal for entrepreneurs outside the UAE who want to start a business remotely.
The AEY Prime Ventures ANC Setup Roadmap
1. Pre-Licensing Vetting
Define activity scope and entity type (FZE/FZC)
Full document preparation, ensuring all shareholder passport copies and clearances are ready for the 2-hour window.
2. Digital Submission
Payment of package fees and mandatory security fees
Immediate online application submission and liaison with AFZA for expedited 1-2 hour license issuance.
3. Post-Licensing Setup
Visa & Establishment Card application
Rapid 24-48 hour visa E-Channel registration and Emirates ID processing.
4. Corporate Banking
Account opening submission
Introduction to UAE banks (e.g., Ajman Bank ) and preparation of all required KYC/compliance documents. Note: Account opening typically requires a physical visit and is a separate, highly regulated process.
5. Ongoing Compliance
Tax, VAT, and Renewal
Annual ESR/CT notification and reporting, ensuring long-term QFZP status.
AEY Prime Ventures ensures a seamless experience from digital licensing to physical operation.
Unique Advantages of ANC Freezone
Feature | ANC Freezone | Traditional Free Zone |
License Issuance | 1–2 Hours | 2–5 Days |
Visa Processing | 24–48 Hours | 5–7 Days |
Business Activities | Up to 10 under one license | Limited |
Ownership | 100% Foreign | 100% Foreign |
Taxes | 0% Corporate & Personal | 0–9% Depending on Zone |
Setup Mode | Fully Digital, Remote | Semi-digital / Physical visit |
Do you need our help?
ANC Freezone supports a wide variety of industries and services:
Technology & Innovation
AI, FinTech, Metaverse, Blockchain, IT Services
E-commerce & Trading
Online businesses, import-export, general trading
Consultancy
Management, HR, Marketing, Business Advisory
Media & Creative
Digital content creation, advertising, PR
Logistics & Supply Chain
Warehousing, transport, freight services
Professional Services
Legal, Accounting, Education & Training
How AEY Prime Ventures Helps You in ANC Freezone Setup
AEY Prime Ventures provides end-to-end company formation services in ANC Freezone, including:
- Business license registration & renewal
- Visa services (Investor, Employee, Family)
- Corporate bank account opening assistance
- Document attestation & POA support
- Accounting, VAT, and compliance advisory
👉 With our expertise, you can set up a business in ANC Freezone remotely, quickly, and compliantly.
FAQ
No. Setup can be done completely remotely using a Power of Attorney (POA).
ANC issues licenses in as little as 1 hour after document approval.
Yes, you can combine up to 10 business activities.
Yes, ANC offers competitive pricing with faster processing times.
Yes, we help clients open corporate bank accounts in UAE.
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