Ajman Free Zone Authority (AFZA)
Ajman Free Zone companies have access to 4 seaports and 2 international airports, leading to the flourishing of business in the region. All the rules and regulations in Ajman Free Zone are passed and governed under the management of the Ajman Free Zone Authority (AFZA). The entire Ajman Free Zone business setup procedure and issuance of the business license to companies is controlled and handled by the Ajman Free Zone Authority.
Advantages of Setting Up a Business in Ajman Free Zone
The strategic and cost-effective location of this free zone makes it attractive for investors around the world to invest in different sectors and also for the business community to start their new ventures. Ajman Free Zone companies enjoy the following benefits:
1. Commercial Benefits
2. Tax Benefits
3. Environmental Benefits
4. Infrastructural Benefits
5. Other Benefits
Ajman Free Zone License Types
Ajman Free Zone Authority (AFZA) has 4 types of business licenses, which they issue according to the type of business setup:
1. Trading License
People who carry out trading activities in the free zone region are issued with a trading license. The business can add 3 activities in a single license issued by the Ajman Free Zone Authority.
2. E-Commerce License
A company that wants to venture into e-Commerce or starts an online business can opt for an e-commerce license. It also provides marketing and technical support to investors.
3. Professional License
All the UAE or foreign companies that are willing to set up their business in providing services, such as IT, management or marketing consultancy, in Ajman Free Zone must acquire a professional license to start their business.
4. Industrial License
All companies involved in the production of goods have to acquire an industrial license from Ajman Free Zone Authority in order to start their manufacturing plant in the free zone region. Ajman Free Zone Authority also provides warehouses and smart-store service for manufacturing companies.
5. National Industrial License
This license is issued to companies that fulfill the following criteria:
Companies with a national industrial license enjoy duty-free exports to the member states of the Arab Gulf Cooperation Council (AGC).
Ajman Free Zone is a freezone which provides a lucrative environment for business setup with low overhead cost and establishment expense.
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