Importantly, if you are weighing up where to register in the UAE, Ajman Free Zone deserves a close look for its among the most affordable in the UAE and simple renewal process. An Ajman Free Zone company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. Day to day, 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. Just as important, for Icelandic founders, 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.
Why Ajman Free Zone
From day one, one of the reasons we recommend Ajman Free Zone is its among the most affordable in the UAE, which matters more than most company owners realise once the business is running. Ajman Port adjacent — ideal for import/export traders.
How Ajman Free Zone works with GoldenKey
Step 1Consultation and activity selection
From day one, 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. Expect clear updates from your GoldenKey consultant while this step runs for opening a textile trading company in the UAE as an Icelandic founder.
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 business days.
Step 3Document submission and payment
In practice, with the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the authority on your behalf. Expect clear updates from your GoldenKey consultant while this step runs for opening a textile trading company in the UAE as an Icelandic founder.
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.
Documents required
For opening a textile trading company in the UAE as an Icelandic founder the issuing authority asks for the following papers, and we tell you exactly how each must be formatted.
- Attested parent-company documents and a board resolution if the shareholder is a company
- A clear passport copy for each shareholder and manager, valid for at least six months
- Customs code
- 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 visa
- A short business plan or activity description for certain professional activities
Pricing
Use the table below to compare packages for opening a textile trading company in the UAE as an Icelandic founder; we will confirm the exact total for your case in a written quotation. Crucially, the figures below for opening a textile trading company in the UAE as an Icelandic founder are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.
- 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 2026-10-27.
Why the UAE
English is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies opening a textile trading company in the UAE as an Icelandic founder for international founders. From day one, the dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a textile trading company in the UAE as an Icelandic founder and makes international pricing simple.
Why GoldenKey
Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a textile trading company in the UAE as an Icelandic founder happen the same day they are ready. Crucially, if a document is missing or an approval is delayed on your Ajman Free Zone file, we tell you immediately and explain the fix, rather than letting the application sit. We speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for opening a textile trading company in the UAE as an Icelandic founder.
Message GoldenKey now and we will prepare a personalised quotation for opening a textile trading company in the UAE as an Icelandic founder, valid for 30 days and confirmed in writing.
Frequently asked questions
How long does the Ajman Free Zone licence take?
As a rule, once your paperwork are complete, the registrar typically issues the licence within 3 working days. Visas and bank account opening follow afterwards.
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 papers 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 completed.
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 textile & garments trading allowed in Ajman Free Zone?
It can. Icelanders can own 100% of a textile trading company in the UAE. GoldenKey recommends Ajman Free Zone for this activity and confirms any sector approvals before you commit.
Is there a double taxation agreement between Iceland and the UAE?
The UAE has double taxation agreements with more than 130 countries. Whether Iceland is covered and how it applies to you depends on the current treaty position, which GoldenKey checks with a tax adviser before you rely on it.


