Ajman Free Zone (AFZ) Company Formation
Established in 1988, Ajman Free Zone (AFZ) attracts numerous of establishments to take advantage of the several investment privileges, in so doing solidifying UAE’s trade, industry and the financial sector. AFZ offers modest amenities and opportunities allowing businesses to acquire a significant return on their investment.
A Free Zone or a Free Trade Zone is intended for encouraging international business in the UAE by offering government incentives including, free of tax, free custom duty and complete foreign company ownership.
Free Zones play an essential part in the growth and development of the UAE. There are currently over 40 free zones across the country. The Free Zones in the nation serves various sectors of the economy including healthcare, education, advertising, media, automotive, goods trading and commodities.
Why set up a business in Ajman Free Zone?
There are several benefits when setting up a Free Zone Company setup in Ajman:
- 100% Foreign ownership, no local sponsorship required
- No capital gain tax and personal income tax
- Complete repatriation of profits and capital
- Quick start-up and licencing process
- No Import / Export duties
- No corporate tax
- No restriction in currencies
- Uncomplicated recruitment and liberal labour laws
- Transfer of profits and capital is easy
- Utility bill prices are competitive
- Cost of labour is economical and easy to access
- Infrastructure is highly developed
Ajman Free Zone strategic location advantages
Land – There is an international road network linking AFZ with neighbouring countries
Air – International airport is 20 minutes away from AFZ
Sea – Ajman Port is located opposite to AFZ
How we can help in starting a business in Dubai Free Zone
We advise clients on market entry into the UAE and which Free Zone is best suited to their individual business needs. We assess our clients’ needs and provide bespoke solutions tailored to their industry sector. We offer cost-effective solutions that allow our clients to advance as their business grows organically.
We can advise on which Free Zone best suits your business plan at every stage of initial business development, market evaluation, company formation with upscaling mechanisms as required therein.