WhatsApp quoteGoldenKey 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 is one of the UAE's most affordable free zones — 0-visa packages from AED 5,500, and it has become one of the most practical choices for founders who want a UAE licence without a large upfront budget. As we tell every client, general trading covers multiple unrelated product lines, and that is why some authorities price it above a single-line trading licence. Restricted goods such as pharmaceuticals, tobacco and precious metals still need their own approvals. 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
In short, one of the reasons we recommend Ajman Free Zone is its among the most affordable in the UAE, which matters more than most entrepreneurs realise once the business is running. Importantly, over 9,000 active companies from 160+ nationalities.
How Ajman Free Zone works with GoldenKey
Step 1Consultation and activity selection
Put simply, we confirm that your activity is available in Ajman Free Zone, choose the licence type and agree the visa package and office option that match your plan.
Step 2Name reservation and initial approval
GoldenKey reserves your trade name with the Ajman Free Zone authority and obtains initial approval, usually within one to two working days (Monday to Friday). If the authority raises a query on opening a general trading company in the UAE as an Icelandic founder at this stage, we handle it the same day.
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 authority.
Step 4Licence issued and next steps
Ajman Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction. Expect clear updates from your GoldenKey consultant while this step runs for opening a general trading company in the UAE as an Icelandic founder.
Documents required
As a rule, the document list for opening a general trading company in the UAE as an Icelandic founder is short, and most clients already have everything on it.
- The UAE entry stamp or visa page if you are already in the country
- Proof of address such as a utility bill or bank statement, requested by some zones
- Your current residence visa and Emirates ID copy if you are a UAE resident
- List of intended product categories
- A passport issued by Iceland with at least six months' validity
- A passport-size photograph on a white background
Pricing
Use the table below to compare packages for opening a general trading company in the UAE as an Icelandic founder; we will confirm the exact total for your case in a written quotation. All prices for opening a general trading company in the UAE as an Icelandic founder are indicative, shown in AED and confirmed in writing before you pay.
- 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
| Additional visa | AED 2,200 |
|---|---|
| Annual renewal | AED 4,500 |
| Bank account assistance | AED 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
In short, there are no restrictions on repatriating profits or capital, so earnings from opening a general trading company in the UAE as an Icelandic founder can be moved to your home country or reinvested freely. The dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a general trading company in the UAE as an Icelandic founder and makes international pricing simple.
Why GoldenKey
We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for opening a general trading company in the UAE as an Icelandic founder. GoldenKey's consultants have handled opening a general trading company in the UAE as an Icelandic founder for traders, consultants, tech entrepreneurs and family offices, which gives us a realistic view of what each authority approves quickly. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a general trading company in the UAE as an Icelandic founder happen the same day they are ready.
Call or WhatsApp GoldenKey today and a consultant will walk you through opening a general trading company in the UAE as an Icelandic founder step by step, with no obligation and no pressure.
Frequently asked questions
Do I need to visit the UAE to set up in Ajman Free Zone?
Crucially, 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 residence visa is handled.
How long does the Ajman Free Zone licence take?
Day to day, once your paperwork are complete, the authority normally issues the licence within 3 working days (Monday to Friday). Visas and bank account opening follow afterwards.
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 working days (Monday to Friday) for a small authority fee.
Can a Icelandic citizen own 100% of a company in Ajman Free Zone?
Yes, it can. Icelanders can own the full share capital of a Ajman Free Zone company with no local partner, exactly like any other nationality.
Is general trading allowed in Ajman Free Zone?
Yes. Icelanders can own 100% of a general trading company in the UAE. {brand} recommends Ajman Free Zone for this activity and confirms any sector approvals before you commit.
