Description
Setting up a company in a free trade zone (FTZ) in Ajman can be an attractive option for foreign investors and businesses alike. The UAE has become an important destination for investment and this is due to the Free Zones. Ajman Free zone with its package of unbeatable advantages is widely recognised as the entrepreneurs haven today.
Free trade zone, an area in which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of customs authorities. FTZ possess particular laws and regulations that vary from those applied within the state that they are situated in. Free zone investors enjoy particular incentives and privileges to these areas such as:
- Allowed to do business in the UAE
- Allowed to have an office in the UAE
- Company can hold an account in a bank in the UAE
- Eligible for resident or employment visas for investors or employees
- Can sponsor family
- 100% foreign Ownership
- 100% Repatriation of capital and profits
- No Corporate tax
- Total exemption from all import and export duties
- Total elimination of all service charges
- Exceptionally low handling charges
- 20 years land contract in renewable for another 20 years guaranteeing 40 years tax free operations
- Lowest lease prices
- World class infrastructure
- Lowest tariffs in the region
- Single Window Clearances (licensing, immigration etc)
- Low labour cost
- No red tape
- Over 60’s are able to obtain visas
- Trade licences released within one day
- No attested degree certificates required
Various executive office sizes are available, warehouses and industrial units. Please ask for more details.
With the freezone company you will receive:
- Smart office/hot desk
- First years rent included
- License for the respective category
- 1 years maintenance costs
- 1 years general services
- Company Sign Board
- 1 year sewage charges
- Establishment card for immigration for two years
- All utility charges are included for 1 year
- Initial telephone connection
With a smart office companies are eligible for 2 visas
With the executive office they are elible from 5 visas
