Ajman Freezone

Ajman Free Zone

The Ajman Free Zone is a free trade zone in Ajman, which is one of the seven emirates in the UAE. The zone was established in 1988 and was given the status of autonomous under the Amiri decree no. 3 of 1996 by Sheikh Humaid Bin Rashid Al Nuaimi.

AFZA provides competitive privileges and facilities allowing companies to get a considerable return on their investment.


Why Ajman Free Zone Fees & Packages

A few facts about Ajman Free zone

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1
Superb location enabling access to both the eastern and western markets
2
Extremely cost effective
3
Top class infrastructure
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Budget friendly amenities
5
Guaranteed 40 years of tax relief for your business operations

WHY CHOOSE AJMAN FREEZONE?

Ajman Free zone’s formation has provided the necessary impetus to industrial operations in the emirate and has led to businesses in this free zone achieving exponential growth.

AFZA continues to develop its infrastructure with a multi-million dollar development plan and a million square meter area under development in the Free Zone, which on completion will be able to accommodate 9000 more companies.

The Ajman free zone is accepted as an entrepreneur’s paradise with packages available at unbeatable prices. This free zone is strategically present at the entry point of the Arabian Gulf, allowing it to serve the needs of both the western and eastern markets.

The proximity of Ajman to Dubai and Sharjah makes way for easy accessibility to a couple of international airport and four ports. There are various installment plans available for company formation in AFZA.

AFZA offers various kinds of licenses namely commercial, industrial, services, general trading, specific trading, two activity trading and three activity trading. Along with these, Ajman Free zone also provides an Ecommerce license at costs which are comparatively lesser than other free zones.

Setting up a coming in AFZA takes only 24 hours, which is very advantageous and suitable for clients looking for a smooth, fast and effective setup process!

The cost -effectiveness , the ease to set up a company and the accessibility to various business markets or sectors is what makes Ajman Free Zone an excellent choice.

1Can a free zone company hold its offices outside the free zone?
As per the ruling issued in 2011, entities (a free zone company or a free zone establishment) operating in free zones can open branches in Dubai. As per Law No. 13 of 2011 on business registration and licensing in the Emirate, it was announced that free zone companies are allowed to conduct business within Dubai (outside their free zone) once they have a DED license or set up a branch in mainland Dubai.
2Can a free zone company do business or trade outside the free zone?
A freezone entity can do business in the Rest of GCC and Internationally from its freezone setup. Also, law no. 13 issued in 2011, states that free zone companies can set up a branch in Dubai to trade legally, without the need of a local sponsor. They will, however, need to have a local service agent. According to the law, the local service agent can be a UAE national or a UAE company which will sponsor employees for the Dubai branch of a free zone company at the Ministry of Labour. The local service agent will have no rights of voting or decision-making in the company.
3Can I obtain financing in Dubai?
Various private sources like banks and investment groups provide financing options, given the entity is more than 2 years old and the business owner is a resident of UAE. Neither the Government of Dubai/UAE nor the Free Zone authority will provide any financing.
4Can I transfer or receive money from outside UAE/Dubai?
As per UAE Laws, you are allowed to receive or transfer capital and profits outside the country.
5How many free zones are there in Dubai?
There are more than 40 Free Zones operating in UAE, with over 20 freezones in Dubai alone. IBG Consulting can make things simple for you by helping you choose the right freezone for your business.

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