Ajman Free Zone Business Setup
Ajman Free Zone was established in 1988 and it is leading to industrial development in Ajman. It provides a liberal economic environment for investors. Ajman Free Zone was built under the Amiri decree number 3 of 1996 issued by H.H. Sheik Humaid Bin Rashid Al Nuaimi, The Ruler of Ajman. Ajman free zone Authority is the only administration for Free zone in the Emirate of Ajman. It was strategically placed in the passage of the Arabian Gulf to serve the markets of the east and the west. Business setup and company incorporation in Ajman free zone (AFZ) is simple and easy with one window operation.
The emirate of Ajman is located on the west coast of the United Arab Emirates and is one of the fast-growing industrial areas. It is located at the crossroads of the United Arab Emirates. Over the past few years, Ajman has seen a remarkable development in fields such as infrastructure, tourism, business, and industry. Ajman has also become a major destination for the financiers and business owners because of the stability, security, and opportunities it provides.
Ajman free zone authority (AFZ) is eager to provide the opportunity to local and foreign investors to start a business setup that suits their needs. Ajman free zone authority provides a fast track application and licenses registration process to its investors with all related authorities. Ajman free zone provides 100% repatriation of capital and profit gains. Company formation in Ajman free zone offers the investors with benefits of 100% import-export tax exemption. It also offers the facility of no personal income tax. Ajman free zone is the only downtown free zone for company incorporation in the United Arab Emirates with the state of the art infrastructure surrounding strong connectivity through the federal network of highways to the major sea and airport in the United Arab Emirates.
Ajman free zone offers a lease period of 20 years for business setup which can be further renewed to a period of 20 years. For small business setup and startup companies, Ajman free zone offers the facility of smart offices. Smart offices in Ajman free zone are equipped with the state of the art communication facilities. Business setup in Ajman free zone also provides the facility of warehouses and storage for light industrial units. Warehouses and storage facility is available in different sizes. Ajman free zone also has the facility of land is available at very competitive rates on lease. To fulfill the future needs of the growing industry a huge warehousing complex known as the smart warehouse is being built.
- Business setup in AFZ benefits you with 100% foreign ownership
- Business setup in AFZ benefits you with 100% of repatriation of capital and profits
- Company formation in AFZ benefits you with fast track license processing
- AFZ is the only downtown free zone in the United Arab Emirates
- Business setup in AFZ benefits you with no import or export duties
- Company formation in AFZ benefits you with no personal corporate tax
- Business setup in AFZ offers the benefit of no income tax
- Company incorporation provides 100% import and export tax exemptions
- AFZ has no service charges or hidden fees for business setup
- Business setup in AFZ provides you with the availability of a skilled workforce
- Company formation in AFZ gives you access to world-class infrastructure
- Company formation in AFZ has inexpensive uninterrupted energy available for industries
Licenses to Business Setup in Ajman Free Zone
Ajman Free Zone (AFZ) offers a variety of business licenses for business setup. The type of Licenses offered by Ajman Free Zone authority varies to meet the need of different business sectors. From starting a new business to extend the established Business setup Ajman Free zone offers license options for different layers of the business.
Types of licenses
Ajman free zone (AFZ) issue commercial license to companies and individuals who are planning to start trading business. Under commercial license individuals and companies are allowed to conduct the trading activities mentioned in the license issued by the authority. The following are the activities allowed under commercial license
- One activity trading
- Two activity trading
- Three activity trading
- General trading
Professional services licenses:
Ajman free zone issue professional services license to the individuals or companies willing to involve in the service providing activities. This type of license is best suited for companies or individuals to engage in the business of providing services like management, financial and legal services to individuals, business setup, and other institutes.
Ajman free zone Industrial license is for companies and industries to engage in manufacturing business. Ajman free zone provides a range of industrial licenses to suit almost all business types.
National Industrial license:
- To get a national industrial license the company or organization must be registered with GCC countries nationals owning a minimum of 51%
- 40 percent of the manufacturing process must be inside the Free Zone
- Organizations having a national industrial license are exempt from customs fees on exports from GCC countries
Facilities Provided in Ajman Free Zone
- Ajman Free Zone provides the facility of Tax-free options
- Ajman Free Zone provides the facility of land for industries
- Ajman Free Zone offers state of the art communication facilities
- Ajman Free Zone has the facility of state of the art infrastructure
- Ajman Free Zone provides the facility of smart offices at Low cost
- Ajman Free Zone has the facility of smart offices for new companies
- Ajman Free Zone provides the lease facility for the period up to 20 years
- Ajman Free Zone Provides strong connectivity through a federal network of highways
- Ajman Free Zone provides connectivity to international markets through the seaport
- Ajman Free Zone provides a stable business environment for your company formation.