Free zones are the most popular option for anyone wanting to start a business in the UAE. Ajman Free Zone (AFZ) is providing businesses and entrepreneurs with a wide range of opportunities to start a new business. By allowing businesses to choose from 3500 different business activities, Ajman Free Zone makes it worthwhile to think of a startup. Also, the tax incentives and exemptions for free zone companies make Ajman Free Zone a much more favourable place for business startups. Read ahead if you are someone interested in opening a business in the dynamic Ajman Free Zone.
Jitendra Business Consultants are expert advisors that help investors and entrepreneurs start their businesses anywhere in the UAE easily. We help you throughout the process of opening, registering and managing your new business.
Why Choose Ajman Free Zone?
The hassle-free and cost-effective process of business setup along with the dynamic business environment and strategic location of Ajman Free Zone makes it an ideal place for a fresh startup. Following are strong reasons why you should choose Ajman Free Zone for your business startup;
- 100% Repatriation of Profits & Capital: You can retrieve your profits and capital at any time, your money is completely safe.
- Attractive Packages: You can get an ideal license for your business in reasonable prices;
- In 5555 AED: Includes lease agreement, allows five business activities, and five shareholders.
- In 12121 AED: Includes lease agreement, one visa, 120 business activities to choose from.
- In 13131 AED: Includes lease agreement, one visa, and five shareholders.
- Huge Tax Benefits: Zero corporation and personal income tax is a huge tax benefit of the AFZ.
- 100% Foreign Ownership: In AFZ, you can enjoy a hundred per cent foreign ownership and there is no need for local partners.
- Strategic Location: Located close to the Arabian Gulf, AFZ has access to global markets. It is also close to Ajman Port and Sharjah and Dubai airports.
- No Custom Duty: There is no customs duty tax on imports and exports in AFZ.
- Numerous Licence Options: Various service, industrial and commercial licences give you a number of opportunities to choose from.
- Access to Regional & Global Markets: Due to its strategic location, AFZ has access to significant regional and global markets, mainly all GCC markets. This opens various doors for expansion.
- World-Class Infrastructure: The epicentre of trade and business in AFZ thrives by the developed world-class infrastructure.
- Business Support: AFZ provides business support to SMEs and startups.
Many Industries to Choose From
The AFZ government is consistently functioning to make it the best free zone and is working on introducing and improving the following many industries for businesses to invest in;
- Construction: With business centres, warehouses, and executive offices in strategic locations, AFZ gives numerous options to the construction sector.
- Automotive: It is the fastest growing industry in AFZ with a total of 96 companies currently involved in manufacturing motor vehicles.
- Health & Beauty: AFZ promotes advanced and digital health and beauty technologies. More than two hundred businesses are already working in the AFZ health and beauty sector.
- Food & Beverage: It’s undoubtedly the world’s largest and most important industry of the time. As this industry is becoming a significant contributor to UAE’s economy, AFZ’s food and beverage sector is also playing its part.
- Oil & Gas: AFZ has about 70 companies in the gas and oil sector delivering integrated solutions to an economy run by oil and gas.
- Agriculture: AFZ lays great focus on developing agriculture commodities with the goal of making agriculture production self-sufficient.
- Education: AFZ promotes advanced learning by developing universities, skill centres, research centres, educational institutions, international testing centres, etc.
- Jewellery (Diamond/Gold): AFZ holds spectacular jewellery including platinum, silver, gold, gemstones, diamonds and other high-end ornaments with 361 companies working in this sector.
- Paper & Packaging: A steady growth can be seen in this sector with high potential for innovation and advanced technology.
- Marine: Due to access to the closest Ajman Port, a wide range of marine services are being provided by more than ninety companies working in the sector.
- Media: 200 media agencies equipped with advanced technologies are already working in AFZ.
- Sports: The AFZ government places much importance on athletics and sports also providing several incentives to support sports business.
- Advanced Technology: Technological advancement in almost all sectors is continuously improving in AFZ.
- Trade: AFZ is capable of facilitating trade very much because of its strategic location near ports and airports. 230 companies are already working in the trade sector.
Why Choose Jitendra Business Consultants in UAE?
Moving to an entirely new jurisdiction for a business venture comes with unique challenges and responsibilities. However, the process becomes smoother when you seek assistance from local business consultants like JTC. We help you fit into the new business environment, operate smoothly and comply with all local regulations. Get the utmost guidance from our experts today.
