(Note: The documents can be attested by the UAE Embassy in the company’s country of origin followed by the Ministry of Foreign Affairs in the UAE)
There is no specific time period for company formation in Ajman Free Zone owing to the different kind of business entities whose time period varies. Immigration Services including Establishment Card and Visa related timelines may vary according to nationality and individual immigration file on record with authorities. Nonetheless, having received all the documents as requested in order, the incorporation documents can be obtained within 24 hour time (after security clearance).
Business setup in Ajman Free Zone is a lucrative option for entrepreneurs due to its strategic geographic location and the numerous incentives offered to businesses’. Ajman Free Zone is located on the west coast of the United Arab Emirates in Ajman, which provides easy accessibility to the eastern as well as the western markets. Established in 1996, the Ajman Free Zone Authority operates as the sole regulatory agency in this jurisdiction. They offer a comparatively cheaper cost to obtain licenses as well as rental spaces as compared to other Free Zones. Additionally, it is located close to Dubai and Sharjah, which makes it well connected to four seaports and two airports.
Exempt from import & export duties
The land contract is valid for a period of 20 years, which can be further renewed on completion
It offers excellent infrastructure and affordable renting space for offices as well as cheap labour and energy
Foreign investors can avail 100% ownership
No red tape
No corporate tax
It is one of the fastest growing Free Zones
Allows for 100% of repatriation of capital and profits