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Ajman is really a small emirate, with an area of only 259 sq. km. The principality has the same named capital and two small enclaves.
Mar 18, 2019 - 4:15 PM
Ajman Free Zone – an ideal place for starting business in the UAE
Ajman is really a small emirate, with an area of only 259 sq. km. The principality has the same named capital and two small enclaves.
Mar 18, 2019 - 4:15 PM
Because of the small area, the population density in Ajman is the largest in the country, although less than 400 thousand people live here. The emirate is located near Dubai, so it is often chosen by tourists for recreation, and by entrepreneurs for doing business.
When in 1971 the ruler of Ajman, together with the sheiks of other emirates, founded a country called the United Arab Emirates, the life of the local people changed little. There were no large deposits of oil in the region, so it had to look for alternative ways to fill the budget and develop its economy. The first step towards this was the construction of new infrastructure facilities and the expansion of an international port. But a new era in the Ajman’s economy began with the opening of a free economic zone on its territory.
If it comes to regions with the most comfortable investment climate and excellent infrastructure in the United Arab Emirates, then Dubai or the capital of the country Abu Dhabi immediately appears in the imagination. Few people think about Ajman, but this option is one of the best for starting a business in UAE. This small emirate also has a free zone with many advantages, which today demonstrates simply amazing growth rates.
About Ajman Free Zone
Ajman Free Zone is quite old because it appeared in this emirate in 1988. However, only 8 years later it gained autonomous status according to the decree of the ruler of Ajman. As soon as the management of this free zone was able to independently regulate its activities, the investment climate in the region improved, and foreign entrepreneurs came to the market.
For a long time, the territory of the zone was built up and expanded, new infrastructure facilities were added and today it is able to accommodate up to 9,000 international companies on its territory. This free zone began to act at full capacity quite recently, but it has already managed to become one of the most desirable places to register a company with 100% foreign capital.
Ajman Free Zone is best suited for services sector as well as international trade. It is often chosen by small and medium-sized enterprises because the best conditions for them are created here. Another important point for many businessmen is the opportunity to get Ajman Free Zone visa. Its price is rather inexpensive compared to other regions, and the validity period is 3 years.
Advantages of business activities in Ajman Free Zone
Ajman Free Zone is undoubtedly worthy of the attention of entrepreneurs who want to open a business in the United Arab Emirates. Experts say that today it is one of the best, safest, and most comfortable free zones of the UAE.
This free zone has a number of undeniable advantages:
• The high level of data confidentiality - the public register of shareholders and directors is not maintained.
• The ability to own a full package of company’s share by a foreigner.
• Relatively low cost of the registration procedure.
• An opportunity to get a residential visa for 3 years.
• Trading and professional license are both available.
• The ability to open corporate bank account in UAE after obtaining license and top open resident’s bank account after obtaining visa.
• The proximity of the free zone to Dubai and Sharjah.
• New convenient for work infrastructure.
And this is far from complete list of the benefits of Ajman Free Zone. Therefore, if you are in the process of finding the ideal place to do business, be sure to look at this area.
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When in 1971 the ruler of Ajman, together with the sheiks of other emirates, founded a country called the United Arab Emirates, the life of the local people changed little. There were no large deposits of oil in the region, so it had to look for alternative ways to fill the budget and develop its economy. The first step towards this was the construction of new infrastructure facilities and the expansion of an international port. But a new era in the Ajman’s economy began with the opening of a free economic zone on its territory.
If it comes to regions with the most comfortable investment climate and excellent infrastructure in the United Arab Emirates, then Dubai or the capital of the country Abu Dhabi immediately appears in the imagination. Few people think about Ajman, but this option is one of the best for starting a business in UAE. This small emirate also has a free zone with many advantages, which today demonstrates simply amazing growth rates.
About Ajman Free Zone
Ajman Free Zone is quite old because it appeared in this emirate in 1988. However, only 8 years later it gained autonomous status according to the decree of the ruler of Ajman. As soon as the management of this free zone was able to independently regulate its activities, the investment climate in the region improved, and foreign entrepreneurs came to the market.
For a long time, the territory of the zone was built up and expanded, new infrastructure facilities were added and today it is able to accommodate up to 9,000 international companies on its territory. This free zone began to act at full capacity quite recently, but it has already managed to become one of the most desirable places to register a company with 100% foreign capital.
Ajman Free Zone is best suited for services sector as well as international trade. It is often chosen by small and medium-sized enterprises because the best conditions for them are created here. Another important point for many businessmen is the opportunity to get Ajman Free Zone visa. Its price is rather inexpensive compared to other regions, and the validity period is 3 years.
|
Advantages of business activities in Ajman Free Zone
Ajman Free Zone is undoubtedly worthy of the attention of entrepreneurs who want to open a business in the United Arab Emirates. Experts say that today it is one of the best, safest, and most comfortable free zones of the UAE.
This free zone has a number of undeniable advantages:
• The high level of data confidentiality - the public register of shareholders and directors is not maintained.
• The ability to own a full package of company’s share by a foreigner.
• Relatively low cost of the registration procedure.
• An opportunity to get a residential visa for 3 years.
• Trading and professional license are both available.
• The ability to open corporate bank account in UAE after obtaining license and top open resident’s bank account after obtaining visa.
• The proximity of the free zone to Dubai and Sharjah.
• New convenient for work infrastructure.
And this is far from complete list of the benefits of Ajman Free Zone. Therefore, if you are in the process of finding the ideal place to do business, be sure to look at this area.
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