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Jitendra business consultancy can provide information all about Ajman free zone.
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.
A massive multi-million Dirhams development plan on over a mission square metre
area is under progress at the Free Zone, which on completion will be able to accommodate
600 companies.
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Corporate benefits
100 % Foreign ownership
100% Repatriation of capital and profits
No personal income tax
No corporate tax
No Red Tape
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Cost Advantage
Cheap energy
The most economical wage structure and easy access to vast work force Total exemptions
from all import and export duties
Total elimination of all service charges and hidden fees
Exceptionally low handling charges
This 20 years land contract is renewable for another 20 yrs guaranteeing 40 years
tax and customs free operations
Low lease prices
World-class infrastructure
Lowest tariffs in the region
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Transport
AIR : Two international Airports, within 25 minutes drive from the Ajman
Free Zone.
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.
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 Licences
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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Types of Licences
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.
Trading License
This licence is issued to foreign/UAE companies/Free Zone Entities who
wish to carry out trading activities in the Free Zone.
Industrial License
This licence is issued to foreign/UAE companies/Free Zone Entities who
wish to carry out manufacturing activities in the Free Zone.
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.
National Industrial License
This licence is issued to a registered company operating in the Free Zone
who meets the following eligibility criteria:
1. The company should be registered with GCC with a GCC national/s owing majority
share holding of 51% or above.
2. At least 40% of the manufacturing process should be accomplished in the Free
Zone.
3.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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