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FREE ZONE · AJMAN

Ajman New Venture Centre Company Formation for Icelanders

Guide for Icelandic founders · around 9 to 10 hours with one stop from Reykjavík

1 daysSetup time100%OwnershipUp to 10 visasVisas
  • 1 daysSetup time
  • Free ZoneLicence type
  • Flexi / physical bothOffice / facility
  • Up to 10 visasVisa eligibility
  • StandardApprovals needed
  • Same every year packge costRenewal cost
About ANC Free Zone

Why Ajman New Venture Centre

In practice, setting up a company in Ajman New Venture Centre gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. An Ajman New Venture Centre company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. Icelandic seafood and clean-energy know-how reach the Gulf through Dubai, which gives Icelandic entrepreneurs a ready market and supply chain the moment their Ajman New Venture Centre licence is issued. For Icelandic business owners, the UAE is around 9 to 10 hours with one stop from Reykjavík, the UAE is 4 hours ahead of Iceland, and English is used for all UAE business.

On the ground, one of the reasons we recommend Ajman New Venture Centre is its very low-cost licence packages, which matters more than most founders realise once the business is running. The authority permits Free Zone Establishment (FZE), which covers solo company owners, partnerships and overseas groups opening a UAE branch. Many Icelandic founders run Ajman New Venture Centre companies alongside an existing business in Iceland, using the UAE entity for international invoicing and regional sales.

Packages & cost

Pricing — choose the right package for your business

On the ground, use the table below to compare packages for Ajman New Venture Centre company formation for Icelanders; we will confirm the exact total for your case in a written quotation. Just as important, pricing for Ajman New Venture Centre company formation for Icelanders depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Trade License Plus - 0 Visa

Licence only · upgrade to visas anytime

AED 4,888
  • Trade licence & registration
  • Upgrade to visas anytime
  • Company name reservation
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 2 Visa

2 residence visas · 1-year licence

AED 16,200
  • Trade licence & registration
  • Establishment card included
  • 2 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 3 Visa

3 residence visas · 1-year licence

AED 20,700
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 4 Visa

4 residence visas · 1-year licence

AED 25,200
  • Trade licence & registration
  • Establishment card included
  • 4 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 5 Visa

5 residence visas · 1-year licence

AED 29,700
  • Trade licence & registration
  • Establishment card included
  • 5 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 6 Visa

6 residence visas · 1-year licence

AED 34,200
  • Trade licence & registration
  • Establishment card included
  • 6 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 7 Visa

7 residence visas · 1-year licence

AED 38,700
  • Trade licence & registration
  • Establishment card included
  • 7 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 8 Visa

8 residence visas · 1-year licence

AED 43,200
  • Trade licence & registration
  • Establishment card included
  • 8 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 9 Visa

9 residence visas · 1-year licence

AED 47,700
  • Trade licence & registration
  • Establishment card included
  • 9 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 10 Visa

10 residence visas · 1-year licence

AED 52,200
  • Trade licence & registration
  • Establishment card included
  • 10 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-29.

Required documents

Documents required

For Ajman New Venture Centre company formation for Icelanders the licensing authority asks for the following documents, and we tell you exactly how each must be formatted.

Scanned colour copies are enough to start. We check every item before anything is submitted.

For individuals

  • Educational certificates attested by the Iceland authorities and the UAE embassy, for professional activities
  • A clear passport copy for each shareholder and manager, valid for at least six months
  • A passport-size photograph on a white background
  • A bank statement from your Iceland bank for the last three months, which banks use to understand your profile
  • A no-objection certificate from your employer if you hold a UAE employment visaif applicable
  • A short business plan or activity description for certain professional activitiesif applicable

For companies

  • Certificate of incorporation (attested)
  • Memorandum & articles of association
  • Board resolution approving the UAE company
  • Passport copies of shareholders & directors
  • Company profile / business plan
Our process

How Ajman New Venture Centre works with GoldenKey

  1. 1

    Consultation and activity selection

    In short, we confirm that your activity is available in Ajman New Venture Centre, choose the licence type and agree the visa package and office option that match your plan.

  2. 2

    Name reservation and initial approval

    We submit your preferred trade names to Ajman New Venture Centre and secure initial approval, normally within a day or two of submission. If the authority raises a query on Ajman New Venture Centre company formation for Icelanders at this stage, we handle it the same day.

  3. 3

    Document submission and payment

    You sign the application forms and memorandum, we submit the attested papers and the licence fee is paid to the authority.

  4. 4

    Licence issued and next steps

    Your Ajman New Venture Centre licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction. This is also the point at which we answer any question specific to Ajman New Venture Centre company formation for Icelanders.

Frequently asked questions

Frequently asked questions

Straight answers about ANC Free Zone. Anything else — ask GK AI or message us.

View all FAQs
Do I need to visit the UAE to set up in Ajman New Venture Centre?

As a rule, most Ajman New Venture Centre licences can be issued remotely with scanned documents and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.

Is an audit required for a Ajman New Venture Centre company?

Requirements vary by zone and by company size. GoldenKey will confirm the current Ajman New Venture Centre rule when we prepare your quotation, and we provide bookkeeping if you need accounts in any case for corporate tax.

What is the difference between an FZE and an FZCO in Ajman New Venture Centre?

An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in Ajman New Venture Centre are usually the same.

Do Icelanders need a UAE visa before applying for Ajman New Venture Centre?

No — You can apply for the licence from Iceland with scanned documents, and the investor residence visa is processed afterwards.

How long does the process take for Icelandic applicants?

Put simply, processing for Icelanders follows the same timeline as other nationalities. Documents from Iceland that need attestation are the main variable, and GoldenKey guides you through that step.

Get a free quote

Ready to start your business in ANC Free Zone?

Book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for Ajman New Venture Centre company formation for Icelanders in a single conversation.

By submitting this form, you agree to be contacted by our team regarding your enquiry. Prefer chat? WhatsApp us.

Good to know

More about ANC Free Zone

Why the UAE

Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so Ajman New Venture Centre company formation for Icelanders no longer requires a local partner. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of Ajman New Venture Centre company formation for Icelanders predictable.

Why GoldenKey

Day to day, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for Ajman New Venture Centre company formation for Icelanders. Our quotations for Ajman New Venture Centre company formation for Icelanders list every government fee and our service fee on one page, in writing, ahead of payment anything. GoldenKey's consultants have handled Ajman New Venture Centre company formation for Icelanders for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly.

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