GoldenKey has guided hundreds of entrepreneurs through Ajman Free Zone company formation, from name reservation to the moment the licence PDF lands in their inbox. Ajman Free Zone combines among the most affordable in the UAE with the flexibility to add activities and visas later, which is why it suits both first-time founders and established groups. Day to day, typical examples of this activity include rice and grains, frozen food, beverages and organic products, which can usually sit together on one Ajman Free Zone licence. Crucially, 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.
Why Ajman Free Zone
On the ground, the authority permits Free Zone Establishment (FZE), Free Zone Company (FZCO) and Branch of Foreign Company, which covers solo founders, partnerships and overseas groups opening a UAE branch. Crucially, one of the reasons we recommend Ajman Free Zone is its among the most affordable in the UAE, which matters more than most founders realise once the business is running.
How Ajman Free Zone works with GoldenKey
Step 1Consultation and activity selection
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.
Step 2Name reservation and initial approval
Your trade name is reserved with the Ajman Free Zone authority and initial approval is obtained; this stage rarely takes more than two business days. Your portal shows the status of this step for opening a foodstuff trading company in the UAE as an Icelandic founder in real time.
Step 3Document submission and payment
You sign the application forms and memorandum, we submit the attested papers and the licence fee is paid to the registrar.
Step 4Licence issued and next steps
Your Ajman Free Zone licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction. Your portal shows the status of this step for opening a foodstuff trading company in the UAE as an Icelandic founder in real time.
Documents required
Here is what you will need for opening a foodstuff trading company in the UAE as an Icelandic founder; GoldenKey checks every item before submission.
- A clear passport copy for each shareholder and manager, valid for at least six months
- 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 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
- Proof of address such as a utility bill or bank statement, requested by some zones
Pricing
Pricing for opening a foodstuff trading company in the UAE as an Icelandic founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Use the table below to compare packages for opening a foodstuff trading company in the UAE as an Icelandic founder; we will confirm the exact total for your case in a written quotation.
- Trade licence & registration
- Upgrade to visas anytime
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Upgrade to visas anytime
- GoldenKey full assistance
- Trade licence & registration
- Upgrade to visas anytime
- GoldenKey full assistance
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so opening a foodstuff trading company in the UAE as an Icelandic founder 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 opening a foodstuff trading company in the UAE as an Icelandic founder predictable.
Why GoldenKey
GoldenKey is based in Ajman Free Zone and has helped business owners from more than 60 countries with opening a foodstuff trading company in the UAE as an Icelandic founder, so the paperwork, approvals and timing hold no surprises for us. Our quotations for opening a foodstuff trading company in the UAE as an Icelandic founder list every government fee and our service fee on one page, in writing, before you pay anything. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a foodstuff trading company in the UAE as an Icelandic founder happen the same day they are ready.
Book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for opening a foodstuff trading company in the UAE as an Icelandic founder in a single conversation.
Frequently asked questions
Can I add more activities to my Ajman Free Zone licence later?
Yes. Ajman Free Zone allows activity additions and changes through a licence amendment, which GoldenKey can process in a few business days for a small authority fee.
Do I need to visit the UAE to set up in Ajman Free Zone?
Most Ajman Free Zone licences can be released 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.
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 foodstuff trading allowed in Ajman Free Zone?
Yes, it can. Icelanders can own 100% of a foodstuff trading company in the UAE. {brand} recommends Ajman Free Zone for this activity and confirms any sector approvals before you commit.
Can a Icelandic citizen own 100% of a company in Ajman Free Zone?
Yes. Icelanders can own the full share capital of a Ajman Free Zone company with no local partner, exactly like any other nationality.


