Kickstart your new venture at Ajman free zone easily in no time. AFZA i.e. Ajman free zone authority provides many benefits on your Ajman free zone business setup to attract more number of entrepreneurs for their business setup in Ajman. Here in this post, we have entailed all the details like which type of licenses you can issue under AFZA, what benefits one can get on setting up a company in Ajman, and a lot more. Have a look at this article to get more information about it.
Thriving landscapes and a stable economy in the UAE are attracting businessmen and entrepreneurs in setting up a company in its different free zones.
Amongst some of the free zones, Ajman Free Zone which was established in 1988 offers low start-up costs, affordable labor, and multiple amenities that are gaining popularity due to its various advantages.
Some of the advantages are given below:Commercial AdvantagesTax ExemptionsInfrastructural BenefitsEnvironmental AdvantagesBefore setting up a business in Ajman, you should know the different types of licenses that it offers.
The body that issues a license in Ajman is Ajman Free Zone Authority (AFZA) and it offers 5 different types of licenses.
They are as follows:Â National Industrial LicenseNational Industrial License is issued to the companies that fulfill the following criteria:The company should be registered in Ajman but is operated in the free zone.The company should be registered with the nationals of the Gulf Cooperation Council (GCC) and must own at least 51% of the shares of the company.The company should have a minimum of 40% of the manufacturing completed in the free zone.This type of license allows you to enjoy duty-free exports to the member states of the Arab Gulf Cooperation Council (AGC).
Trading LicenseTo carry out the trading activities in the free zone region, you have to acquire a trading license.
 Business Setup in Ajman: Ajman is one of the seven emirates of UAE, that has been located at the Arabian Gulf coast.
It has an estimated area of 260 kilometers square.
Ajman has the prime industries of real estate, manufacturing, transport, retail, construction and business services.Read more https://blackswanbss.com/business-setup-in-ajman/ Social https://in.pinterest.com/pin/790522540838855788/ https://twitter.com/BlackSwanBSS/status/1338425946236309509?s=20 https://www.linkedin.com/feed/update/urn:li:activity:6744192730668376064 https://www.instagram.com/p/CIxjY-EJdCI/ https://business.facebook.com/blackswan201/photos/a.1080197165446878/2103357733130811/?type=1