The Ajman NuVentures Centre Free Zone (ANCFZ) is the UAE's newest free zone — and it has already made a striking impression. Just two months after launching operations, ANCFZ has attracted more than 450 registered companies, positioning itself as a standout option for entrepreneurs seeking fast and affordable UAE business setup.
15-Minute Licenses and Fully Paperless Process
With over 47 free zones operating across the UAE, ANCFZ differentiates itself through speed and digitization. CEO Rishi Somaiya says the entire establishment process runs on a paperless model: clients sign and confirm documents using digital signatures, eliminating paper at every step.
"It takes only 15 minutes to obtain a license, while the issue of visas takes no more than 48 hours," Somaiya said — compared to 14–15 days in many other jurisdictions.
Company formation at ANCFZ can be completed within hours, versus the three to four days typical of a standard free zone process. "Clients are happy with our work and quick service. We have become investors' favourite around the world," Somaiya added.
Affordable Packages for Startups and SMEs
ANCFZ's basic license package starts at AED 10,800 and includes:
- Up to 10 business activities - Multiple shareholders - A two-year visa
Special discounts apply for upfront payments, and flexible installment plans are available — making the free zone accessible to early-stage startups and small businesses alike.
Broad Range of Business Activities
The free zone grants licenses across virtually all service industries permitted under UAE law, alongside emerging sectors such as gaming, blockchain, and artificial intelligence. Commercial real estate licenses are also available, along with flexible workspace options — from shared offices to private suites — designed to suit modern working requirements.
UAE's Strategic Edge
Somaiya highlighted the UAE's broader advantages as a key draw for international investors: a prime geographic location, world-class transport infrastructure, and one of the most investor-friendly regulatory environments globally.
"For about AED 15,000–AED 20,000, we are able to both incorporate a company and obtain residency — a proposition difficult to come by in today's global economy," he said.
Aligned with UAE's Economic Diversification Goals
From its emphasis on speed and affordability to its support for innovation-driven industries, ANCFZ reflects the UAE's wider push to grow enterprise beyond oil-dependent sectors. Its rapid early growth signals strong market demand for a free zone that combines genuine efficiency with competitive pricing.
