Benefits of Setting Up a Business in Ajman Free Zone (AFZ)
Established in 1988, Ajman Free Zone offers competitive business setup packages, a streamlined and hassle-free company formation process and a range of support services.
Home to investors from more than 145 countries, Ajman Free Zone has built a conducive environment for different business activities, including food and beverage, automotive, health and beauty, construction, agriculture and education.
Foreign investors and entrepreneurs looking to start a business in the UAE can consider Ajman Free Zone if they wish to have the following benefits:
Strategic location and global reach
Strategically located along the Arabian Gulf, Ajman Free Zone is an ideal economic gateway between East and West, providing businesses with excellent connectivity and proximity to markets in Asia, Africa and the Middle East region.
The free zone is within easy reach of two international airports and four major seaports, guaranteeing easy accessibility and making it particularly appealing to businesses that engage in activities such as shipping, logistics and international trade.
The free zone is also connected to the E11 highway, the longest road in the country, which allows companies to easily reach the other emirates.
Cost-effective business setup
Ajman Free Zone offers cost-effective solutions for companies of various sizes, especially small and medium-sized businesses that aim to minimise their capital and operating expenditure, while increasing their funds for other activities.
In addition, the business packages available in Ajman Free Zone can be customised to better suit a company’s unique needs, scale and size.
Quick and easy company registration
Perhaps the most attractive benefit if you decide to set up in Ajman Free Zone is its hassle-free company registration process. The entire procedure can be managed digitally through the jurisdiction’s dedicated customer portal. Additionally, the free zone provides customer care support that is available 24/7.
Multiple visa options
One of the major reasons why entrepreneurs, particularly those running SMEs, choose to set up their businesses in Ajman Free Zone is that it allows them to have multiple visas without the need to lease a physical office space.
There are different value-added packages for all types of businesses, including the Smart Office package, which provides up to 3 visas, and the Executive Office package, which offers 5 to 6 visas.
Moreover, Ajman Free Zone gives business owners access to modern facilities, such as flexi-desks, office spaces, warehouse equipment and conference rooms, as well as other services for trading and industrial activities.
Open to a diverse range of business activities
A huge selling point of AFZ is that it is open to a wide variety of business activities. As a business owner, you can conduct a number of different activities, including commercial, industrial, professional and e-commerce.
Startup support and stimulus packages
As part of the fiscal relief incentive launched by AFZ in response to COVID-19, it has introduced an instalment payment plan to make it easier for new businesses to shoulder the initial setup costs.
Ajman Free Zone has also waived the e-channel fee worth AED 5,000 as a form of support for businesses, most of which have been affected by the pandemic.
New and existing businesses in AFZ can also make the most of other incentives available, including a three-month flexible instalment payment plan on their business centre lease, a flexible instalment plan on their office or warehouse lease, a 25% reduction in the cost of labour accommodation and discounted rates on company registration.
Set up your business in Ajman Free Zone with Virtuzone
The UAE is a highly attractive market that is welcoming to foreign investment. If you are planning to set up your business in the UAE, then you should ensure that you have the right support to do so in your chosen free zone.
Having set up companies for over 40,000 entrepreneurs since 2009, Virtuzone provides impartial advice on business setup in the UAE and will guide you into choosing the most advantageous jurisdiction, company structure and activity.
We also provide a broad array of business support services, including bank account opening, accounting, payroll, tax advice, branding, mail management, IT support and much more.
If you are interested in starting a business in Ajman Free Zone or in any other jurisdiction in the UAE, please fill out the form below so our team can get in touch with you and guide you through the different options available.