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Ajman Free Zone and Its Advantages
Posted: Sep 19, 2017
Located in Ajman, the Free Zone is one of the most coveted destinations for businesses to set up their company along with a lot of incentives. One of which is the fact there is a greater deal of economic freedom and liberal policies here compared to all the other Free Zones. The port of Ajman makes the Free Zone accessible to markets in both the west and the east. There is state of the art infrastructure available where you can leverage advanced communication facilities to help you build your business forward.
If you were to set up your company here in Ajman, you’ll be able to avail several benefits for your business. One of the best business advantages that you’ll be able to obtain will be the usage of the warehouses and the storage facilities. In fact, the Ajman Free Zone is in the process of building ‘smart warehouses’ so to speak which has a whole host of new facilities for you.
The Seaport itself is another great advantage to be had for it is one of the most used convergence points for thousands of vessels every single year. There are several seaports that are accessible via trade routes over water located in the emerging markets of Africa and Eastern Europe.
Ajman was designated as a freezone so that there is great economic freedom and with a liberal economic environment that promotes trade friendly policies. The Ajman Free Zone authority is the only authority in charge of administering the zone in Ajman. Located strategically on the gulf, it is open to both the western and eastern markets of trade.
Another thing to remember about Ajman is the fact that they are able to process your licensing and registration easily and quickly. Additionally, these are the things that you can take advantage of:
- It is the only downtown free zone in the UAE
- 100 % foreign ownership
- 100 % repatriation of capital and profit
- No import or export duties in addition to lacking any personal corporate tax or income
- Skilled Workforce
- World-class Infrastructure
Ajman Free Zone is growing even faster than before and Is finding itself to be a less costly alternative to the ones in Dubai, it would be a very wise decision for you to start your company here.
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