NAM Associates

What will you Need to Open a Free Zone Business in Ajman

It’s right at the edge of the Arabian Gulf. The zone was established in 1988 and granted autonomy in 1996 by Sheikh Humaid Rashid al Nuaimi, the ruler of Ajman at the time. The Ajman Free Zone Authority has been functioning in the United Arab Emirates since then. The opportunity to start a new business in the Ajman Free Zone is available under the UAE Economic and Affordable Trade License. In terms of business, companies operating in the Ajman Free Zone have the same official status as companies operating in other UAE Free Zones. Trade, imports and exports, contracts, banking, visas, and E-commerce are all available in the same way they are in other Free Zones.

The Advantages of a Business Setup in the Ajman Free Zone

  • Complete control over the company
  • Profits and capitals have completely recovered.
  • Both export and import duties are fully waived.
  • Subsidized energy can be obtained.
  • Land leases are available to foreign investors for a period of 20 years.
  • A corporate bank account can be opened by any company, even if it is based in another country.
  • Employees as well as residents Visas for both workers and investors are available. 
  • A company that registers in Ajman will own an office to carry on its operations.
  • Financial reports are not required to be submitted.
  • The cost of establishing a business in the Ajman free zone is the lowest in the region.
  • There are no corporate or personal income taxes.
  • There are no secret fees.
  • For the next 40 years, you will be guaranteed a legitimate tax exemption. 

Ready for your Next Step?

Planning to Open a Business? Looking for Accounting Services? or have a general inquiry about your business goals?
NAM Associates is ready to guide you thru any of your goals. Contact us today for more information.

You might need to check these...

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Leave a Reply

Your email address will not be published. Required fields are marked *