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Ajman Freezone |
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Ajman Free Zone is the fastest upcoming trade zone in the United Arab Emirates, that allows 100% foreign ownership, which enables us to cut off all the local red-tape and bureaucracy.
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no.3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate. The formation of the Free Zone Authority in 1996 has given great impetus to industrial activity in the Free Zone which has resulted in quadruple growth in the number of companies during the last few years. Ajman Free Zone with its package of unbeatable advantages is widely recognised as entrepreneurs' haven today. |
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| LOCATION |
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Ajman Free Zone is located adjacent to Ajman Port, between the Sharjah and Umm al-Qaiwain. Sharjah's Port Khalid and Dubai's Port Rashid are within 35 minutes drive from the zone. Two international airports are also located nearby. |
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| Chairman's Message |
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I would like to take this opportunity to welcome you to Ajman, and to thank you for your interest in the Ajman Free Zone. The Free Zone is just one of the area that has been a contributing factor to Ajman's rapid economic development, and we welcome your interest in taking part in our continuing success.
Our objective is to meet your needs by facilitating business activity and providing a pro-business milieu that places a premium on providing opportunity for foreign investment. The liberal economic climate in Ajman has been specifically designed to welcome foreign business and investment encourage production, provide incentive for trade, develop international commerce, and above all promote industrial activity. The needs of small to mid-sized businesses are given particular attention, and no effort is spared to facilitate cooperation with foreign firms.
Ajman Free Zone offers all the benefits found in the other Free Zones while providing investors with a major cost advantage. Ajman Free Zone also offers stability through an available 20-year contract. These incentives have led to a phenomenal growth in the size of the Ajman Free Zone in the past year, as investors have been keen to take advantage of the opportunities the Ajman Free Zone offers.
Again, I welcome you to become part of our trend of success, and encourage your interest in the Ajman Free Zone.
Sincerely Yours,
Chairman
AHMED BIN HUMAID AL NUAIMI |
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| An attraction for International Investment |
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Ajman Free Zone with its package of unbeatable advantages is widely recognized as a haven for entrepreneurs today. A major contributor to the Emirate's economic development, AFZ provides a particularly welcoming environment to: |
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Foreign investment of Entrepreneurship |
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International trade and commerce |
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Manufacturing and industrial activity. |
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| Overview for Ajman free zone services |
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A massive multi-million Dirhams development plan on over a mission square metre area is under progress at the Ajman Free Zone, which on completion will be able to accommodate 600 companies. Get overview for ajman free zone services in uae. |
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| Corporate benefits |
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100 % foreign ownership
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100% Repatriation of capital and profits |
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No personal income tax |
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No corporate tax |
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No Red Tape |
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| Critical Cost Advantage |
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The 20 years land contract is renewable for another 20 years guaranteeing. 40 years tax and customs free operations. |
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Economical wage structure and easy access to vast work force. |
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Total exemption from all import and export duties. |
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Total elimination of all service charges and hidden fees. |
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Exceptionally low handling charges. |
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Low lease prices. |
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Low tariffs in the region. |
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100% foreign ownership. |
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100% repatriation of capital and profits. |
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No personal income tax. |
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Cheap Energy. |
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No corporate tax. |
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& much more . . . |
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Transport |
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AIR : Two international Airports, within 25 minutes drive from the Ajman Free Zone. |
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SEA : Ajman Free Zone is adjacent to the Ajman Port. Sharjah's Khorfakkan Port , Port Khalid and Dubai 's Port Rashid are within 35 minutes drive from Ajman Free Zone |
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ROAD : Extremely efficient international road network connects the Ajman Free Zone to Oman, Qatar, Bahrain, Saudi Arabia, Iran, Kuwait and beyond to Europe. |
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| Types of Licence |
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Ajman Free Zone, in its endeavor to eliminate bureaucratic procedures, has produced 4 types of license namely: Trading License, Industrial License, Professional Services License, National Industrial License. |
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| Trading License |
This licence is issued to foreign/UAE companies/Free Zone Entities who wish to carry out trading activities in the Free Zone. |
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| Industrial License |
This licence is issued to foreign/UAE companies/Free Zone Entities who wish to carry out manufacturing activities in the Free Zone. |
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| Professional Services License |
This licence issued to foreign/UAE companies/Free Zone Entities who wish to carry out the business of providing professional/services in the Free Zone. |
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| National Industrial License |
This licence is issued to a registered company operating in the Free Zone who meets the following eligibility criteria. |
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The company should be registered with GCC with a GCC national/s owing majority share holding of 51% or above.At least 40% of the manufacturing process should be accomplished in the Free Zone.Companies holding a National Industrial Licence are eligible for duty free exports to the member states of the Arab Gulf Cooperation Council. |
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Type of Ownership |
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FREE ZONE ENTITY FZE : FZE is an entity formed and registered in Ajman Free Zone and regulated by the Free Zone Authority. FZE enjoys a separate legal entity and is owned (100%) by either a person or a corporate body. Such an entity must have a capital equivalent to US $ 50,000. The liability of the owner is limited to the amount of the share capital. |
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FREE ZONE COMPANY FZC : Licenses under this category are issued to Free Zone Companies incorporates within the Free Zone in accordance with the Amiri Decree. |
Such company enjoys a separate legal identity and the liability of its owner is limited to the value of the paid up shared capital. |
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BRANCH OF A FOREIGN COMPANY BFC : Licenses under this category are issued to foreign companies established outside the UAE than intend to incept a branch or a subsidiary of their foreign registered company. The activity may be commercial, industrial or professional/services. |
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BRANCH OF A LOCAL COMPANY BLC : Licenses under this category are issued to companies holding a valid licence from any UAE licensing authority except from other Free Zones. |
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Ajman's Future Horizon |
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Property for sale in Ajman will be a great investment in the coming years, take a look at what has been achieved in emirate next door, Dubai. Huge infrastructure projects and development to the highest of standards that one would expect from the UAE.
Over the coming years, the population of Ajman is expected to increase dramatically from its current 260,000, along with tourism figures of the surrounding emirates which will have a favourbale on Ajman.
Property Investors will be presented with excellent rental opportunities from their property, from short-term tourists, to long-term residents alike. Ajman will attract re-locators due to its close proximity to Dubai. Ajman will also benefit from the extension of the Dubai Metro system which is currently under construction and will continue into this emirate. |
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| For properties in Ajman please: Contact us |
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