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Establishing a firm in a UAE-free zone has considerably aided the rise of the economy and expansion. The business hub with over 40 free zones has become an attraction for international entrepreneurs. The Ajman Free Zone Authority offers exceptional business setup services in UAE and has supported many SMEs and start-ups since its inception in 1988. Further, because of its proximity to airports and ports, the zone is an excellent site for local and international business owners to launch their business. It is also a free trade zone that provides a high investment rate due to several advantages such as tax exemption and complete corporate control.
You can launch the following four firms in the zone:
It enables investors to manufacture, develop, and alter commodities. They also get warehouses and retail establishments to do their business under this license.
International or domestic ventures providing consulting, investment, and other functions are given this permit.
Entrepreneurs with office space outside the territory or whose workplace is located outside of the registration zone are entitled for this license.
It given to enterprises that are registered with GCC, have national industrial permission, and conduct 405 of their manufacturing in a Free zone.
Business man engaged in general trading are granted with this permit, which allows them to engage in maximum of three corporate activities.
The process of creating a company in the zone is simple and straightforward. However, there are numerous decisions that ex-pats and local entrepreneurs must take before registering for an enterprise which includes following:
The below-mentioned documents are necessary for forming a company in AFZA:
The complete process to form a sole-proprietor company is as follows. All you have to show is a copy of your passport.
Ajman Free Zone makes it easy to start a business by allowing multiple payments. It allows investors to pay the amount in two, three, or six installments. However, it has to be paid by post-dated cheque, which means that if there are three installments, you must pay the first one in cash, and the subsequent installments by cheque. Business owners must also present a bank statement from the last three months as confirmation of funds.
With over a decade of experience in company formation business all over the UAE, we have proved a one-stop-shop solution for all kinds of company setup, licensing, documentation, incorporation, and other related services. Our company formation services in the Free Zones of Dubai allow entrepreneurs and foreign investors to freely and comfortably invest in the country and yield all the benefits the UAE government has stipulated. Our company experts help customers save big on time and money by making the overall process simple and hassle-free, allowing businesses to grow and sustain. Get in touch with us to discover more about the cost and total services.
Local investors and ex-pats completely control their corporates.
Allows straightforward movement of capital and profits with simple processing.
Exemption from import and export duties, business tax, and income tax.
Provides effective business setup services and excellent facilities.
Smart and Executive workplaces with facilities such as warehouses are part of state-of-the-art infrastructure.
Great accessibility to skilled laborers at a competitive price.