Business Setup in Ajman Free Zone (AFZ)
Businesses, irrespective of their size, have been flocking to the Ajman Free Zone due to the cost-effective business set up opportunities it offers. The Free Zone has become a haven for businesses focusing on a variety of sectors and also for freelancers and new entrepreneurs. The Ajman Free Zone is often considered as the best place for those entrepreneurs aiming to start their business from scratch due to the special packages it offers for young entrepreneurs. Competitive pricing, easy access to low-cost labour, and a state of the art infrastructure make the decision to start a business in the Ajman free zone a strategic one.
Founded in 1988, the Ajman Free Zone has played an unquestionable part in developing industries, trade and financial businesses in the UAE. The Free Zone is strategically located at the entry point of the Arabian Gulf and provides access to Eastern and Western trade markets. Easy business connectivity with other commercial centers like Dubai and Sharjah is a major blessing for investors. The free zone houses around 8,000 companies from a variety of industries. The companies operating in the Ajman Free Zone contributes 32% of Ajman’s total exports and 60% of re-exports.
Ajman Free Zone License Categories
The Ajman Free Zone offers a variety of Licenses to choose from. Unlike the other free zones, the Ajman Free Zone also offers a specially dedicated license package for young entrepreneurs. The following are the types of licenses in Ajman Free Zone the investors can apply for:
- Pioneer Package (for young entrepreneurs)