AJMAN MEDIA CITY
Ajman Media City Free Zone or Ajman Free Zone is the most recent opportunity for a free zone business setup in the United Arab Emirates, in the city of Ajman.
The Emirate of Ajman, located on the western coast of United Arab Emirates was formed by the Al Nuaim tribe, well known for their bravery, courage and wisdom who migrated to this region from Oman around 1775. The economy of Ajman in the past was mainly based on its strong maritime tradition – fishing and trade, though the wise Rulers always encouraged various other allied activities such as shipbuilding, pearl diving and trading. Its dhow building yard is the largest in the Emirates and continues to operate despite being dwarfed by modern developments such as the major dockyard.
Ajman Free Zone Company Formation
Established in 1988, Ajman Free Zone (AFZ) has led to a huge industrial development in the emirate by attracting various number of companies, offering competitive privileges and facilities which strengthened the industry, trade and the financial sectors. By benefiting from investment privileges, many companies have thrived with considerable return on their investment.
Benefits of company set up in Ajman Free Zone
100% ownership of establishment/company.
100% foreign ownership.
Easy transfer of capital and profits.
Exemption from personal income tax.
Exemption from import and export duties.
Exemption from other taxes.
Competitive prices on facility usage.
Competitive prices for power/electricity.
Competitive prices on leasing.
Easy access to low cost labor.
Well-developed infrastructure.
One-stop counter service for effecting transactions (residency, visa, etc.).
Fast and easy procedures and in most cases, license within 24 hours.
We look forward to doing business with you!
Ajman Free Zone – Types of licenses
Business Licenses.
- E-Commerce Licenses
- Service Licenses
Industrial Licenses in Ajman Free Zone
The organization should be registered with GCC countries’ nationals owning minimum of 51%.
Minimum 40% of the manufacturing process should be within the Free Zone. Organizations having national license qualified to get the license are exempt from customs fees on exports from GCC countries.
Offshore Licenses: the company should run its business outside the UAE.
For further information regarding the above Free-Zone, or any others located within the UAE, please get in contact with a member of our team.
Once the contact form has been submitted, one of our Consultants will be in contact with you within 24hrs.
General Inquiries
Valor Investments FZC,
Al Shmookh Business Centre M 1003, One
UAQ, UAQ Free Trade Zone,
Umm Al Quwain, U.A.E.
+971 507003978
info@valor-investmentsfzc.com
Please contact our team for expert advice