Accounting for Ajman Free Zone Companies

Running a successful business inside Ajman Free Zone should feel straightforward. With Sharp Accounting, it does. We deliver reliable — affordable accounting, precise bookkeeping, and also end-to-end back— office support designed specifically for Ajman Free Zone  AFZ companies—so you stay compliant, audit-ready, and focused on growth.

About Ajman Free Zone (AFZ)

Ajman Free Zone (AFZ) offers a straightforward, cost— effective base for startups and SMEs that want fast market entry and lean overheads. Strategically located near Ajman — Port and major highways to Dubai and Sharjah, AFZ streamlines — company — incorporation, visas and renewals so founders can focus on sales rather than time consuming paperwork. Moreover, its licence catalogue covers trading, service, industrial, e-commerce, and media activities, while flexible office solutions—flexi-desk, shared offices, and warehouses—scale as your headcount grows. Because AFZ integrates immigration, leasing, and licensing in one window, onboarding stays predictable and quick.

From a finance perspective, AFZ companies still need rock-solid bookkeeping, timely VAT filing, and—where applicable—Corporate Tax (9%) compliance. Consequently, we tailor Chart of Accounts, bank feeds, and management reports to AFZ audit expectations, then keep you audit-ready month after month. Additionally, we manage WPS payroll, EOSB, ESR, and UBO so governance never slips. If you are selling online we connect your marketplace — POS to cloud accounting for clean multi—currency reconciliations in AED/USD/EUR.

Finally, AFZ’s appeal goes beyond price — consistent — utilities, responsive customer — service, and also access to a growing supplier network make it a practical long—term home. Therefore, whether you’re launching a lean trading outfit or scaling a services brand, AFZ provides the structure, location, and flexibility you need—without the red tape.

Why choose Sharp Accounting for Ajman Free Zone?

Because AFZ has its own regulations, you need an accounting or a PRO partner who understands the rules, timelines, and auditor expectations. We tailor your workflow to AFZ procedures and to your license, activities and bank — setup. Moreover, we communicate clearly, deliver on time and also keep your ledger spotless every month.

• Local expertise —  Daily experience with AFZ compliance, ESR/UBO, and AFZ-approved audit requirements.
• Audit-ready files —  Clean reconciliations, labelled evidence, and IFRS-compliant statements.
• Board-level clarity —  Real-time dashboards, margin insights, and cash forecasts you can actually use.
• Fixed fees & clear timelines —  No surprises—just dependable month-end closes.

Monthly bookkeeping & real-time reports (built for AFZ)

We not only post daily, reconcile weekly and but also close monthly—therefore, your numbers stay decision—ready.

• Posting & controls :  Sales, purchases, expenses, bank — feeds, petty cash and intercompany — journals.
• Month-end close :  Accruals, pre—payments, fixed assets and inventory movements.
• Management reports:  Profit & Loss, balance — sheet, cash flow, ageing, and product/customer margins.
• Delivery —  Board packs with commentary and next—step actions.

VAT registration, filing & health checks for AFZ

Because Ajman VAT can get tricky around designated vs non-designated free-zone rules, we keep your coding clean and your evidence ready for the FTA.

• VAT registration & groups —  Correct TRN setup and documented processes.
• Quarterly filings —  On— time returns with proper zero—rating and reverse—charge treatment.
• VAT health checks —  Sample testing, place—of—supply reviews, and invoice compliance fixes.
• Team training —  Practical “what to code where” so mistakes — stop at the source.
   

UAE Corporate Tax (9%) — registration, returns & advisory

Free-zone companies may qualify for QFZP (Qualifying Free Zone Person) status if they meet substance and transaction conditions. We help you assess eligibility and remain compliant throughout the year.

• Corporate Tax registration & e-filing —  Set up correctly from day one.
• QFZP assessment & documentation —  Substance, covered transactions, and audit-ready memos.
• Quarterly tax reviews —  No year—end shocks; we also track exposures proactively.
• Light TP frameworks —  Intercompany pricing policies that scale with growth.

Audit support & year-end financial statements

Annual audits for Ajman Free Zone companies become painless when your files stay tidy all year.

• IFRS statements & notes —  Professionally prepared and balanced to the ledger.
• Lead schedules & evidence —  Well-indexed PBC packs that your auditor will love.
• Liaison & queries —  We manage entire audit questions so your team keeps running the business.
• Post-audit updates —  We post all adjustments and open the new year cleanly.

Payroll, WPS & End-of-Service Benefits (EOSB)

Your people deserve accuracy and timeliness. We run WPS payroll that just works.

• Monthly payroll calculations — Allowances, over—time, leave and deductions.
• WPS files — Generated, validated and submitted on schedule.
• EOSB provisioning & settlements — Fully aligned with UAE Labour — Law.
• Secure payslips & records —Delivered safely and then stored for audit.
   

Compliance essentials — ESR, UBO & economic registrations

Governance is not optional; it’s an asset. We lodge the right — forms on time and maintain clean registers.

• ESR notifications & reports — Activity mapping and evidence of substance.
• UBO register — Ongoing updates with supporting documents.
• Economic registrations & renewals — Never miss a statutory deadline.
• Compliance calendar — Clear reminders and responsibilities.

Accounts setup — chart of accounts, cloud software & integrations

Start structured, scale faster. We design your Chart of Accounts around trading, services, or light manufacturing in AFZ.

• Cloud platforms :  Xero, QuickBooks Online, Zoho Books — plus OCR expense, and billing tools.
• Bank feeds & gateways  : AED/USD accounts, POS and e—commerce integrations.
• User access & approvals  : Segregation of duties that passes audit.
• Process SOPs — Simple repeatable steps for your team.

Catch-up & clean-up projects (backlog bookkeeping)

If your books are behind, we’ll fix them quickly—and keep them that way.

• Forensic clean-up — Suspense accounts, bank mismatches, and VAT coding errors.
• Historical management packs — Recreated for investors, banks, or license renewal.
• FTA-proof corrections — Amended returns where necessary, with proper trails.

Back-office support — AP, AR & admin you can trust

Beyond the ledger, your operations need dependable back-office support. We handle the admin that slows teams down.

• Accounts payable — Vendor onboarding, 3— way match, approvals and payment runs
• Accounts receivable — Invoicing, reminders, collections reports and cash allocation
• Document control — Naming standards and folder structures that auditors appreciate.
• Banking admin —  KYC packs, reference letters, and fee reviews.

CFO-on-Demand — budgets, cash flow & board packs (AFZ)

You don’t need a full-time CFO; you need senior finance thinking on a schedule that fits.

• Budgets & reforecasts — Linked to sales pipelines and headcount plans.
• Cash flow modelling — Collections strategy, supplier terms, and covenant tracking.
• Board packs  Trend charts, unit economics, and clear actions.
• Pricing & margin analysis — Decisions that move the dial.

Bank reconciliation & multi-currency control

Multiple currencies shouldn’t create chaos. We make AED/USD/EUR/GBP easy to manage.

• Daily bank feeds & rules —  Faster reconciliations with fewer errors.
• FX revaluations —  Consistent month-end treatment and disclosures.
• Merchant & wallet reconciliations —  Gateways, cash-on-delivery, and chargebacks tracked.
• Treasury view —  Working capital and DSO/DPO dashboards.

Inventory, costing & project accounting

Whether you trade products or deliver projects, we protect your margins.

• Inventory —  FIFO/weighted average, landed-cost allocations, and stock variance controls.
• Projects & WIP —  Budgets vs actuals, burn rates, and milestone billing.
• SKU/BOM analytics —  Pricing insights that stand up in the boardroom.

Tax review before audit — risks, controls & process improvements

We stress-test your numbers before auditors arrive.

• Pre-audit tax review —  VAT, Corporate Tax, and cross-border touchpoints.
• Controls & evidence —  Approval flows, vendor master hygiene, and document trails.
• Process upgrades —  Fewer manual steps, tighter checks, faster closes.
• Action plan —  Priorities, owners, and deadlines.

Simple onboarding (so you can start this month)

1. Discovery call —  Objectives, pain points, and AFZ deadlines.
2. Data & access —  Banks, platforms, and prior ledgers.
3. System setup —  Chart, automations, and reporting pack.
4. First close —  Clean month-end, clear commentary, and next steps.

 Ready for audit-ready numbers every month? Book a free consultation with Sharp Accounting for Accounting Service Ajman Free Zone (AFZ) Companies today.