Ajman Free Zone
The Ajman Free Zone is situated half an hour’s drive from Dubai and the easiest 10 minute drive from Sharjah. The Free Zone is truly part of a large seaport with all the major facilities for importing and exporting your goods around the world. It was established in 1988 and has created a massive development in Ajman. Ajman is easily accessible from two international airports and four seaports. The airports are 30 minutes by car from Ajman Freezone. Ajman Freezone is located right next to the port of Ajman, which serves 1000 ships per year. Motorways also connect Ajman Freezone with other Emirates. Sharjah is near Ajman and Dubai is 12 km away.
Now a days many construction works are carried out in the industrial area of Ajman. Even without oil, Ajman continues to develop its infrastructure and expand its economic base.
Types of licences made available
E-commerce License
Electronic commerce activities.
Service Licences
Service activities within the free zone such as management, marketing, IT consultancy, etc.
Industrial licences
The organization should be registered with nationals of GCC countries, whose percentage is at least 51%. – At least 40% of the manufacturing process should be located within the Free Zone. Organizations with a national license qualified to issue the license are exempt from customs duties on exports from GCC countries.
Offshore licenses
The company should conduct its business outside the UAE.
Advantages of Ajman Free Zone Company Setup
- 100% foreign ownership
- 100% repatriation of capital and profits
- Corporate income tax in accordance with the applicable statutory provisions
- Total exemption from all import and export duties
- Income tax in accordance with the applicable statutory provisions
- Submission of financial reports and audit Preparation of reports
- Competitive prices on site
- No hidden fees
- No hidden costs
- Cheap energy
- Allows to do business in the UAE
- The Ajman Company may hold an account with a bank in the UAE
- possibility of obtaining a visa for residence or employment for investors and employees
- Exceptionally low handling fees
- The most economical wage structure and easy access to a huge workforce
- Complete elimination of all service fees and hidden charges
- Total exemption from all import and export duties
- Lowest rental prices
- World-class infrastructure
- Lowest tariffs in the region
- Low labour costs
- Business facilities (conference room and business meeting rooms)
- 24 hours security service
- Banking services
- Mail service
- The 20-year property contract can be extended for a further 20 years and guarantees tax-free operation for 40 years (in accordance with the applicable legal provisions).