Ajman Free Zone is located adjacent to Ajman Port, between the Sharjah and Umm al-Qaiwain.
Sharjah's Port Khalid and Dubai's Port Rashid are within 35 minutes drive
from the zone. Two international airports are also located nearby.
Ajman Free Zone widely recognized
as a haven for entrepreneurs today. A major contributor to the Emirate's
economic development, AFZ provides a particularly welcoming environment
to:
- Foreign investment of Entrepreneurship
- International trade and commerce
- Manufacturing and industrial activity.
Ajman's proximity to Sharjah & Dubai provides easy accessibility to the two international airports & four ports.
Advantages:
- Cheap Energy.
- Economical wage structure and easy access to vast work force.
- Total exemption from all import and export duties.
- Total elimination of all service charges and hidden fees.
- Exceptionally low handling charges.
- The 20 years land contract is renewable for another 20 years
guaranteeing. 40 years tax and customs free operations.
- Low lease prices.
- Low tariffs in the region.
- 100% foreign ownership.
- 100% repatriation of capital and profits.
- No personal income tax.
- No corporate tax.
Lacking the natural
advantages of petroleum and natural gas, the Emirate of
Ajman has always relied instead on a strong reservoir of
native enterprise. This helped build an enduring maritime
tradition; with allied activities such as shipbuilding, fishing,
trading and pearl diving. The rapid establishment - and expansion
- of Ajman Free Zone in 1988 saw this age-old spirit of enterprise being
applied to export-oriented industrialization in the modern age.
Granted autonomous
status under Amiri Decree No. 3 issued by His Highness
Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman,
Ajman Free Zone Authority now serves as the regulatory
agency for free zones in the Emirate. The formation
of the authority resulted in an accelerated impetus
to industrial activity in the free zone.
To the extent that the number of companies setting up business there have quadrupled since!
For further Information Visit
www.ajmanfreezone.gov.ae |
