Company Formation In Dubai UAE

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Company Formation in Dubai UAE Jul 11, 2016
Ajman Free Zone Overview
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no.3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate.

The formation of the Free Zone Authority in 1996 has given great impetus to industrial activity in the Free Zone which has resulted in quadruple growth in the number of companies during the last few years. Ajman Free Zone with its package of unbeatable advantages is widely recognised as entrepreneurs' haven today.

A massive multi-million Dirhams development plan on over a mission square metre area is under progress at the Free Zone, which on completion will be able to accommodate 4000 companies.

Strategically situated at the entrance of the Arabian Gulf, Ajman Free Zone is well placed to serve the eastern and western markets.

Ajman's proximity to Sharjah and Dubai provides easy accessibility to the two international airports and four ports. Ajman Port, serving over 1000 vessels in a year, has emerged as an important maritime focal point today. It has twelve berths. A massive development plan for Ajman Ports, under progress, seeks to enhance its facilities to world level in the near future.


What are free zones?
Free Zone are a geographically distinguished areas, possess a particular laws and regulation varies than those applied within the state.Free zone investors enjoys the particular incentives and privileges associated to these areas, such as: No restrains over the capital nationality*
freedom to initiate any legal form for the activity
The investor has The freedom to determine prices of his services or products and the profit margin he desires.
the investor enjoys the exemption of Capital assets assets, productions supplies and imports and exports from customs ,sales or any type of taxes or fees.
*conditions applied

Why Ajman Free Zone

Strategic location
The only downtown Free Zone that strategically located in the UAE. I.e. close to major commercial cities providing an excellent access to the other Emirates. The distance of Ajman Free Zone from the other Emirates is elaborated below: 12 km away from DUBAI
2 km away from SHARJAH
0 km away from AJMAN

Advantages

- 100% Business Ownership
- Competitive pricing on premises.
- No hidden fees.
- No hidden charges.
- Cheap energy.
- Lowest lease prices.
- World class infrastructure.
- Lowest tariffs in the region.
- Exceptionally low handling charges.
- Total exemption from all import and export duties.
- Total elimination of all service charges and hidden fees.
- The most economical wage structure and easy access to vast work force.
- 20 years land contract is renewable for another 20 years guaranteeing 40 years tax free operations.
- Single Window Clearances (Licensing, Immigration, etc)



Corporate Benefits

Other Advantages:

- 100% foreign ownership
- 100% repatriation of capital and profits
- No personal income tax
- No corporate tax
- Low labor cost
- No Red Tape
- 24 hours Security Services
- Bank services
- Postal services
- Business Facilities (Conference Room and Business meeting rooms)


Farooq ashraf

0564691777

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farooqashraf
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