The United Arab Emirates have long been a business and trade hub. Ajman Free Zone is one of the most preferred destinations of entrepreneurs and investors looking to establish a company. Situated in Ajman, which happens to be the smallest emirate from the seven in existence, it offers benefits and advantages that are diversely different that make it very attractive to set up a business.
Advantages of Set-up in Ajman Free Zone
- 100% Foreign Ownership: This allows complete foreign ownership, and thus it has remained one of the most favored destinations for foreign investors.
- Tax Exemptions: In case the company is within the Ajman Free Zone, then the same shall be exempt from corporate as well as personal tax.
- Low Set up Cost: The setup cost for the Ajman Free Zone is at present much lower compared to all other free zones of UAE.
- Smooth Company Registration Process: The process for the registration of a company in the formation process of a company in the Ajman Free Zone is very smooth and time-consuming.
- Global Market Access: Business which goes on in Ajman Free Zone is of the view that it has access to the global market, which includes international business transactions.
Business Activities Allowed in Ajman Free Zone
The Ajman Free Zone allows business activities in the following areas:
- Trading: Import and export of products
- Manufacturing: Production of items
- Services: Brokerage, IT, and others
- E-commerce: Trade online
- Logistics: Storage and transport of goods
Registration of Companies in UAE; Opening Business in Ajman
Business Setup in Ajman Free Zone
- Business Activity: Select your proposed Business Activity
- Name Selection: Choose an appropriate Name for your business company
- Initial Approval: Get initial approval from the/free-ndjeshem Free Zone Authority .
- Registering Your Company: Get your company registered at/iflom Ajman Free Zone Authority
- Business License: Now get the Business License from the Ajman Free Zone Authority .
Conclusion
Entrepreneurs are able to open a Bank Account in the UAE and have 100 percent foreign ownership of the business—with no taxes payable, low-cost setup. The process of registration at the Ajman Free Zone is quite easy, hence it has become a choice for many entrepreneurs and investors to open a company in UAE. This is considering that it offers the global market easy access. By the above steps, one can easily get their company registered and set up a business in the Ajman Free Zone.
Business activity allowed in UAE Ras Al Khaimah Economic Zone
Moreover, If you want any other guidance relating to business setup in Dubai, please feel free to talk to our business advisors at 8881-069-069.
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