An Introduction to the Benefits of the Ajman Free Zone (AFZA)
Europe Emirates Group would like to introduce you to Ajman Free Zone (AFZA), a Free zone with the international port ties, development and passion to set up your business today in Dubai. Founded in 1988, Ajman Free Zone has proven multiple times to be one of the most reliable and investor-friendly platforms in UAE business platforms and the Middle East in general. Ajman Marine Port presents one of the key advantages for import/export businesses, allowing easy access to both UAE and international product supply lines. It is capable of receiving over one thousand vessels per day, proven to be one of the most reliable and convenient transportation hubs in the region. Among many advantages of running business registered with AFZA, investors and entrepreneurs enjoy the following: - 0% corporate and capital repatriation tax - Direct access to the marine port and other transportation facilities in UAE - The large variety of office and storage facilities - Affordable plots of land Ajman Free Zone offers support for the majority of business profiles, covering trading, services, as well as light industrial activities. For investors who plan to only conduct business outside UAE, AFZA issues offshore licenses. Types of business in an Ajman Free Zone International Entrepreneurs can obtain one of the five different license types for their Ajman business: Trading license – Allows conducting commercial activities related to import/export and trading with approved goods via distribution partners or using own showrooms, with locations limited to the Ajman Free Zone area. E-commerce license – Providing online trading of goods via websites with payment gateways. Professional license – Allowing businesses to conduct services and advisory activities of various kinds, which are approved and in-line with the official list of activities from Ajman. Industrial license – Allows conducting of light manufacturing activities using various premises and infrastructure provided by Ajman FZA, including pre-built warehouses and plots of land of various sizes. Average profitability of industrial operations is higher due to cheaper rental and utility fees in Ajman. Offshore License – Allows for international operations and 100% ownership, more cost-effective and faster to register. However, this presents limited local operations. Such license is effective for businesses which intend to establish operations with no physical local presence. AFZA Facilities Being a world class licensing authority, AFZA provides a full range of office facilities for investors seeking flexibility and cost-effective rates. Europe Emirates Group would like to mention the following: Smart Offices - Smart offices are suitable for startups, combining both residency visa allocation and official address for the company while having very low rental rates. Executive Offices – Extended size and support for five residency visas. Executive offices will satisfy requirements of the most demanding businesses. Warehouses – Storage facilities of various sizes are available. AFZA also offers warehouses that may be equipped with environmental control units and other enhancements. Lands - These are areas for investment and trade zones suitable for industrial investment, prepared as per accurate research on investors’ needs. Benefits of setting up a company in Ajman Free Zone Benefits of Ajman Free Zone Company Setup include:
- Resident or employment Visas for investor and employees.
- 100% legal exemption from all imports and export duties.
- Cheap energy.
- 20-year land lease, which is renewable for another 20 years.
- Allows to own an office and do business in UAE.
- 100% foreign ownership and repatriation of capital and profits.
- Lowest tariffs in the region.
- World class infrastructure
- Low Labor Cost
If you are interested in setting up a DAFZA business today or have any questions, please do not hesitate to call us on +9714 311 6547 or email Andriy Aloshyn and we will be happy to talk you through the options available.