Ajman Free Zone offers a range of licences to cater to
different business needs, including commercial licences, industrial licences,
e-commerce licences, and trading licences. Each of these licences are tailored
to specific types of businesses and activities, ensuring a seamless setup
process and compliance with local regulations.
Whether you’re looking to establish a food & beverage
company, automotive business, health & beauty venture, construction firm,
or education and training facility, Ajman Free Zone has the necessary licences,
infrastructure, and support services to help your business succeed. With so
many options available, it’s easy to see why AFZ is becoming an increasingly
popular choice for businesses seeking growth and expansion in the UAE.
Investor-Friendly Regulations
Ajman Free Zone (AFZA) has become known as one of the most
reliable and investor-friendly platforms in the UAE and the Middle East in
general. It caters to a wide range of business profiles, including trading,
services, and light industrial activities. Furthermore, for investors planning
to conduct business only outside the UAE, AFZA issues offshore licenses.
There are five different license types available for
international entrepreneurs, ranging from trading, e-commerce, professional,
and industrial licenses to offshore licenses, catering to various business
needs. This flexibility, combined with the quick and easy company formation
process, makes Ajman Free Zone a top choice for investors.
Economic Advantages
One of the major economic advantages of company registration
in Ajman Free Zone is the lower costs associated with various aspects of doing
business. This includes affordable lease rents, competitively-priced land and
office spaces, minimal customs duty for import/export operations, and cheap
energy. Furthermore, the average profitability of industrial operations is
higher in Ajman due to its cheaper rental and utility fees.
Ajman Free Zone is also strategically located, with easy
access to two international airports and four ports, including the Ajman Marine
Port. This port is capable of receiving over one thousand vessels per day,
making it one of the most reliable and convenient transportation hubs in the
region.
100% Ownership and Tax Exemptions
Expatriates are allowed 100% ownership of their companies
set up in Ajman Free Zone, eliminating the need for a local partner.
Additionally, they can enjoy 100% repatriation of capital and profits. There
are no personal or corporate taxes applicable in Ajman Free Zone, creating a
favourable environment for conducting business.
For businesses operating in Ajman free zone and Ajman Media
City, there are exemptions from payment on import and export duties, making it
more attractive for those involved in international trade. Furthermore, the UAE
government only imposes a corporate tax on oil companies and foreign
banks, giving businesses registered in Ajman Free Zone an exemption from
corporate tax for a certain time period, which can be extended.
Ajman Free Zone also offers a unique multiple-instalment
payment option for business setup fees, allowing investors to pay in 2, 3, or 6
instalments. This is particularly advantageous for those looking to set up a
business without a massive budget and needing a more convenient payment
plan.
In fact, Ajman Free Zone Authority is the only free zone
that offers such a payment plan.
Lastly, investors can benefit from additional perks such as
resident or employment visas for themselves and their employees, as well as
support for their families. With its investor-friendly regulations, economic
advantages, and options for 100% ownership and tax exemptions, Ajman Free Zone
continues to be an attractive destination for companies looking to establish
their presence in the UAE.
