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Automotive & Spare Parts Trading in the UAE for Icelanders

Trading new and used vehicles, spare parts, tyres and accessories

Setting up a company in Ajman Free Zone gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. Founders choose Ajman Free Zone when they want a credible UAE address, fast licensing and packages that scale from a solo flexi-desk to a multi-visa office. In practice, icelanders are a very small community, mostly in aviation, seafood and technology, so the Ajman Free Zone authority, the banks and the immigration officers see Icelandic applications every day and process them without hesitation. 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 Free Zone licence is released.

Why Ajman Free Zone

Ajman Free Zone licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date. In our experience, popular activities in Ajman Free Zone include trading, consultancy, services, e-commerce and general trading, and most of them can be combined on a single licence.

How Ajman Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    On the ground, in the first call we check that Ajman Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. Your portal shows the status of this step for opening an automotive trading company in the UAE as an Icelandic founder in real time.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    As a rule, we submit your preferred trade names to Ajman Free Zone and secure initial approval, normally within a day or two of submission.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    As a rule, you sign the submission and memorandum, we file the attested paperwork with Ajman Free Zone and the authority's licence fee is paid. For opening an automotive trading company in the UAE as an Icelandic founder this step rarely needs your presence; scans and e-signatures are enough.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Once the Ajman Free Zone licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.

Documents required

For opening an automotive trading company in the UAE as an Icelandic founder the authority asks for the following documents, and we tell you exactly how each must be formatted.

  • Educational certificates attested by the Iceland authorities and the UAE embassy, for professional activities
  • A short business plan or activity description for certain professional activities
  • A no-objection certificate from your employer if you hold a UAE employment visa
  • Proof of address such as a utility bill or bank statement, requested by some zones
  • Attested parent-company documents and a board resolution if the shareholder is a company
  • Customs code

Pricing

Just as important, all prices for opening an automotive trading company in the UAE as an Icelandic founder are indicative, shown in AED and confirmed in writing before you pay. Put simply, use the table below to compare packages for opening an automotive trading company in the UAE as an Icelandic founder; we will confirm the exact total for your case in a written quotation.

Starter – 0 Visa
AED 5,555
0 residence visas · 1-year licence
  • Trade licence & registration
  • Upgrade to visas anytime
  • GoldenKey full assistance
Get this package
Team – 2 Visas
AED 12,000
2 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
Growth – 3 Visas
AED 14,500
3 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
Scale – 5 Visas
AED 19,000
5 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
Additional visaAED 2,200
Annual renewalAED 4,500
Bank account assistanceAED 1,500

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.

Why the UAE

There are no restrictions on repatriating profits or capital, so earnings from opening an automotive trading company in the UAE as an Icelandic founder can be moved to your home country or reinvested freely. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of opening an automotive trading company in the UAE as an Icelandic founder predictable.

Why GoldenKey

Importantly, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening an automotive trading company in the UAE as an Icelandic founder happen the same day they are ready. Just as important, you deal with one named adviser from the first call until your Ajman Free Zone licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. GoldenKey's consultants have handled opening an automotive trading company in the UAE as an Icelandic founder for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly.

If you would like a written quotation for opening an automotive trading company in the UAE as an Icelandic founder, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

Do I need to visit the UAE to set up in Ajman Free Zone?

Most Ajman Free Zone 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 residency visa is processed.

How many visas can I get with a Ajman Free Zone licence?

Visa quota is tied to the package and office you choose. Ajman Free Zone packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.

Is an audit required for a Ajman Free Zone company?

Put simply, requirements vary by zone and by company size. GoldenKey will confirm the current Ajman Free Zone rule when we prepare your quotation, and we provide bookkeeping if you need accounts in any case for corporate tax.

How long does the process take for Icelandic applicants?

On the ground, 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.

Is automotive & spare parts trading allowed in Ajman Free Zone?

Yes. Icelanders can own 100% of an automotive trading company in the UAE. {brand} recommends Ajman Free Zone for this activity and confirms any sector approvals before you commit.

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