Business setup in Ajman free zone, UAE

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. Ajman free zone was formed in the year of 1988. it is one of number of unbounded free zone in UAE offering offshore company setup and operations to investors. As we know all business require a trade license which is renewed annually. AFZ allows investors to setup companies and trade with 100% foriegn ownership and no taxation. its services include the provision of visas for expatriate workers, land for development or pre-existing warehousing and business premises supporting a range of business types, including smart offices, co-working spaces or shared space basis. business license is required renewal annually. #AjmanFreeZoneTradeLicense 

Business facilities:

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. 

Types of license and activities at Ajman Free Zone:

1. One activity: Under one activity license, you can choose one activity or one item for trading. e.g. Garments trading or food stuff trading or mobile phones trading etc. 

2. Two activity license: Under two activity license, you can choose two activities or items for trading e.g. Garments trading and food stuff trading or mobile phones and computers trading etc.

3. Three Activity license:Under three activity license, you can choose up to three activities or three items for trading e.g. Garments trading, food stuff and mobile phones trading etc.

4. Service activity license: Under this license you can choose up to three service related activities e.g. HR consultancy services, Marketing consultancy services or any other professional service. Note: If you choose Management consultancy, you can do three activities under this category.

5. General trading license: General trading license is most popular license among all types of license. because under general trading license you can do multiple items trading which is authorized by government. Under this license, only restriction is that you cannot do oil,coal, gold and diamond trading.

6. E-Commerce license: Under this category, you can sell products or services online. this license allows you to have online payment gateway system by which you can receive online payments directly from customers.  For more information

7. Freight and cargo license (Logistics): Under this category, you can get warehouse for your items and logistics. there are different categories of warehouses and its available on sq meter basis. Visa allocation is done based on the size of the warehouse. 

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