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Ajman, one of the seven emirates in the UAE, hosts the Ajman Free Zone (AFZA), a tax-free business hub established in 1988. The Ajman Free Zone Authority manages this zone, offering services like company formation, visa assistance, and leasing of offices and warehouses.
This zone attracts various industries such as trading, manufacturing, consulting, and advertising due to its excellent connectivity to major transportation hubs and its cost-effectiveness. With its strategic location and business-friendly services, AFZA serves as an ideal choice for entrepreneurs and SMEs looking for an efficient and affordable setup.
One of the most significant benefits of the AFZA Free Zone is that it is tax-free, and enterprises are not subject to corporate or personal income tax.
The Ajman Free Zone Authority (AFZA) simplifies starting a business by providing a variety of packages and support services.
The AFZA offers enterprises versatile leasing options for offices and warehouses, enabling them to scale their operations up or down according to their needs.
Companies can conduct various business operations in a free zone, including commerce, manufacturing, and services such as consulting and advertising.
It is well-connected to the rest of the UAE and the rest of the region, giving firms access to large markets.
The AFZA offers a variety of support services to firms operating in the free zone, such as visa and immigration aid, business development assistance, and access to a variety of networking and promotional events.
Foreign investors can own 100% of Ajman-based enterprises, giving them complete control over the operation.
Foreign currency limitations do not exist, making it easier for businesses to do international trade.
The Free Zone is strategically located near major ports, airports, and road networks, offering firms excellent connectivity to the broader region.
A broad community of enterprises from many industries allows networking and collaboration.
The Free Zone provides modern and well-maintained infrastructure, such as high-quality office space and access to utilities and telecommunications services.
The AFZA Free Zone is conveniently located near major cities such as Dubai and Sharjah, giving enterprises a vast and diverse talent pool.
First, decide on the activities you want to undertake, such as trading, consultancy, IT services, or e-commerce. Make sure to list all the intended activities in your license application to avoid any issues later.
Select a business name that adheres to UAE regulations. Ensure it is unique, does not contain offensive or religious references, and uses full names rather than initials. Check the availability of your chosen name through a business formation expert to ensure it’s acceptable for registration.
Choose the structure that best suits your needs:
Once you have your business license, you can apply for visas for yourself, your employees, and their dependents. The number of visas available depends on your business size and license package.
Open a bank account with a local or international bank. Meeting the bank’s specific criteria is essential, and a business formation specialist can assist in making this process smoother. This approach ensures clarity and directness in each step of setting up your business in Ajman Free Zone.
Setting up a business in Ajman Free Zone offers unmatched benefits, from tax exemptions and 100% foreign ownership to strategic location and cost-effective solutions. Whether you are a budding entrepreneur or an established business owner, Ajman Free Zone provides a platform to thrive. To simplify your setup process and understand the Ajman Free Zone company registration requirements, consult Regent Consulting Business Setup for expert assistance and end-to-end support.
