Free Zone Company Formation in AjmanFree Zone Company Formation in Ajman

Ajman was designated as a freezone so that there is great economic freedom and with a liberal economic environment that promotes trade friendly policies. The Ajman Free Zone authority is the only authority in charge of administering the zone in Ajman. Located strategically on the gulf, it is open to both the western and eastern markets of trade.

Ajman has now become a flourishing city where investors are flocking in to get the liberal economic policies and advantages of the strategic location. There has been a tremendous development in terms of infrastructure, business, industry and tourism. It is attractive because of its stability, opportunities that have seen a lot of people coming to setup a free zone business here.

The Ajman Free Zone authority has made great efforts to attract foreign investors into this area. The license registration is usually completed within a day and there is also 100 % repatriation of the capital and profits. Furthermore, there is 100% import tax exemption and no personal income tax levied. The infrastructure is state of the art and there are direct links towards to the major hubs in the Middle East and the rest of the world through road, ship and air. There are first class buildings with office and smart offices with advanced communication facilities that will help the growth of SME and large entities alike.

Business Setup in Ajman Free Zone

If you were to setup your business in Ajman you would be able to use warehouses and storage facilities. The land prices are competitive for those looking to setup their industries. A larger and more advanced warehouse termed 'smart warehouse' is being built and the proximity of the Ajman sea port enables one to connect with the emerging markets in Africa and Eastern Europe. The port serves over 1000 vessels in a year and has become a convergence point.

The Benefits of Business Setup in Ajman

  • The License processing here in Ajman is quick and often done in a day
  • It is the only downtown free zone in the UAE
  • 100 % foreign ownership
  • 100 % repatriation of capital and profit
  • No import or export duties in addition to lacking any personal corporate tax or income
  • Skilled Workforce
  • World-class Infrastructure

Documents Required for Ajman Free Zone Setup

  • Proposed names for the company
  • Passport Copy with a validity of 6 months
  • Stamp Page Copy or Visa Copy if the applicant is a visiting one
  • A no objection letter from the sponsor
  • A business plan if it's a professional or e-commerce license