Ajman Free Zone
Ajman Media City Free Zone, also known as Ajman Free Zone, is the most recent free zone business opportunity in the United Arab Emirates, located in the city of Ajman.
Ajman, known as the land of the fearless men of the Al Nuaim tribe whose ancestors migrated to this region from Oman around 1775. Ajman’s economy has always been based on its strong maritime tradition – fishing and trade, though the wise rulers always encouraged various other allied activities such as shipbuilding, pearl diving and trading. Its dhow building yard is the largest in the Emirates and continues to operate despite being dwarfed by modern developments such as the major dockyard.
Formation of an Ajman Free Zone Company :
Established in 1988, Ajman Free Zone (AFZ) has led to a huge industrial development in the emirate by attracting various number of companies, offering competitive privileges and facilities which strengthened the industry, trade and the financial sectors.
AFZ – Ajman Free Zone – Mission :
The vision of Ajman Free Zone is to contribute in drawing up the general policies, and provide information, prepare studies, execute projects, organize expositions and conferences, and carry out other constructive activities that contribute in achieving the economic growth and welfare of Ajman’s society, which is capable of competing with similar institutions in the world.
Ajman Free Zone Business Facilities :
- 100% ownership of the establishment/company
- Foreign ownership is 100 percent
- Simple capital and profit transfer
- Personal income tax exemption
- Import and export duties are waived
- Other taxes are exempted
- Competitive facility usage rates
- Power/electricity prices are competitive
- Competitive leasing rates
- Simple access to low-cost labor
- Infrastructure that is well-developed
- Transactions can be completed at a single counter (residency, visa, etc.)
- Procedures are quick and simple, and licenses are usually issued within 24 hours
We are excited to do business with you!
Ajman Free Zone – License Types :
Business Licenses.
E-Commerce Licenses: Electronic trading activities.
Service Licenses :
Service activities within the free zone such as management, marketing, IT consultancies etc.
Ajman Free Zone Industrial Licenses :
Offshore licensing is a state-of-the-art Free Zone license, which allows an organization or company to conduct its business outside the UAE. It is also called an International License because of the advantages that it offers to the organization. A 50% share must be owned by nationals of GCC Countries, whereas at least 40% of the manufacturing process must be done within the Free Zone – other than this, all other requirements are the same as above. Offshore companies are allowed to run their business from an offshore location within GCC countries.
Do you want to start a business in the Ajman Free Zone?
Unique Force Management consultants in Ajman Free Zone play a big role in business setup companies in UAE because we are the people who will provide the information that you are looking for. Our team of professional experts are ready to get your company established in an efficient and timely manner. We are always open for your enquiries, comments and suggestions that may help us serve you in a better way.