Business Setup in Ajman Freezone
Company formation in Ajman free zone offers the most affordable options for doing business in the UAE. The cost of starting a business in Ajman is relatively lower than in other emirates. This makes it feasible for small entrepreneurs to opt for business setup in Ajman free zone.
Ajman Free Zone (AFZ) was established in 1988 and is located across the Ajman Port. Its location near Dubai and Sharjah provides companies in Ajman free zone easy accessibility to international airports. Company formation in Ajman Free Zone sounds lucrative to small and medium-sized enterprises (SMEs) as well as startups. This is mainly for its affordability and good infrastructure. AFZ offers low-cost smart offices for startups and entrepreneurs as well as executive offices for large corporations. Companies setting up in Ajman free zone are also assured 100% privacy with limited financial disclosures. However, Ajman Free Zone business setup requires a show of minimum capital, as well as processing of a lot of documentation.
You must also pay the Ajman free zone license fees within a stipulated period. This process can get complicated without in-depth knowledge of the rules and regulations surrounding Ajman free zone company setup formalities.
BENEFITS OF BUSINESS SETUP IN AJMAN FREE ZONE
- No import and export duty imposed
- Get corporate tax exemption
- Get 100% ownership
- Get 100% repatriation on profit
- Get personal income tax exemption
ECONOMIC ADVANTAGES OF COMPANY REGISTRATION IN AJMAN FREE ZONE
- Economical lease rents
- Economical prices of power and electricity
- Easy access to two international airports and four ports
- Affordable and good infrastructure
- Raw materials easily available