Ajman Free Zone Business Formation
Business setup in Ajman Free zones of UAE has always been the core of attention for businessmen, shareholders, and investors. Ajman free zone authority is globally recognized due to its exclusive leads and incentives. Launched in 1988, this free zone is heaven to venture capitalists.
Either it is a manufacturing industry or a trading firm; businessmen are inclined towards making decisions on Ajman free zone business setup. The business amenities provided to Ajman free zone companies are the reason behind investors’ interest in this area.
Ajman free zone company formation cost is favorable which opens new horizons of success for investors. The location of Ajman free zone authority aids western and eastern markets. Ajman free zone company setup elevates the return on investment graph in a short period of time.
The Process of Ajman Company Setup
Ajman free zone attracts the worldwide firms to come forward and grow their business in this area. The quick access to Dubai and Sharjah makes this zone ideal to set up a company in the core of the UAE. Ajman free zone company setup is not difficult as it seems to be.
Ajman free zone houses multiple international firms thus contributing to the economy of UAE. You should have a brief insight into the terms of Ajman free zone authority before setting up your business. Here is a step-by-step procedure for Ajman free zone business formation
- Approval of legal documents
- Apply for registration and visa
- Decide legal entity type and location
- Setup company name
- License acquisition
The iconic location of the Ajman free zone company setup offers competitive facilities to business owners. From corporate firms to small start-ups, multiple companies are operating in this zone. It is an ideal location either to start a new business or just to increase the branches of a firm.
What are the Ajman Free Zone License Requirements?
Ajman free zone business setup requires the company owners to get a license first. This enables the smooth operation of any business as they have legal approval to start their firm in this zone. Ajman free zone license requirements are divided into 4 types:
Businesses carrying out trade in Ajman free zone are subjected to get a trading license to pursue their business.
Companies venturing into online business opt to acquire an e-commerce license for marketing and technical support incentives. It provides smooth business operations and cash flow.
Service providing companies including IT, marketing, and management get a professional license prior to setting their firm in Ajman free zone. Lawyers, doctors, and charted accountants are also liable to get a professional license.
Companies involved in manufacturing goods are subjected to get a license form Ajman free zone authority to begin the production process. Ajman free zone provides warehouse facilities to industrial firms.
National Industrial License
Companies registered in Ajman but operating in Ajman free zone can get a national industrial license for duty tax exemption. The company should have a minimum of 51% shares. These firms must carry out a 40% production process in Ajman free zone.
Ajman free zone license requirements are not hard to fulfill. The authorities have devised easy registration plans to help business owners complete paperwork in a timely manner. Ajman free zone is a global platform to invest in easy terms and gain exponential profits.
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Ajman Free Zone Company Formation Cost
Ajman free zone company cost is not higher as it seems to be. The cost-effective formation plans devised by Ajman free zone authority helps entrepreneurs and corporate owners to set up their business on economic terms. Ajman free zone company formation cost is a true value for money.
Major business formation cost includes license acquisition payments. The license fee counts to a hundred million but differs as per the license type. Whereas, the office setup cost and other facilities are provided by Ajman free zone authority to ease the business owners financially.
Ajman free zone serves local and international investors to get their business operations in a short span of time. There is no need to get a national sponsor for Ajman free zone business setup. Licenses are issues in a few weeks to avoid any delays in the business formation process.
Advantages of Ajman Free Zone Business Setup
The proximate location of the Ajman free zone is the reason behind multiple international businesses in this zone. Ajman free zone invites venture capitalists to new segments of business formation. Benefits of Ajman free zone business setup are listed, but not limited to the following points:
- Exemption from all kinds of taxes.
- 100% company ownership
- Zero import/export duty
- Multiple visa options
- Quick registration and easy recruitment
- Business-friendly laws
- No hidden charges
- Pre-built offices and warehouse facility
- 24-hour security
- Energy supply backup
- No currency restriction
- Cost-effective leasing process
- Access to bank and post-service
- 100% repatriation of capital and profits
Multiple strategic advantages are often linked to Ajman free zone business setup. This area is connected to 2major airports and 4 seaports thus traveling is not an issue. It is an economical business setup location offering lucrative infrastructure.
Ajman free zone is a one-stop-shop for visa services, business setup, tourism, trade, and much more. Single window clearance is provided to save the client’s time. Ajman free zone authority is working to increase the capacity of this area to cater to the increased number of companies.
Businessmen planning to invest in free zones of UAE prioritize the Ajman free zone for the reason to get privileged investment plans. Ajman free zone business setup is a market competitive business formation solution. Visit Ajman free zone authority personally and get your business set up done in a couple of days.