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Ajman Free Zone

Ajman Free Zone


Horwath Mak business consultants can facilitate in setting up business at Ajman Free Zone, It was established in 1988 & had 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. 

A massive multi-million Dirhams development plan on over a mission square meter area is under progress at the Free Zone, which on completion will be able to accommodate 600 companies. 

 

Competitive Advantages:

 

• Cheap energy 
• The most economical wage structure and easy access to vast work force Total exemptions from all import and export duties
• Total elimination of all service charges and hidden fees 
• Exceptionally low handling charges 
• This 20 years land contract is renewable for another 20 yrs guaranteeing 40 years tax and customs free operations 
• Low lease prices 
• World-class infrastructure 
• Lowest tariffs in the region

 

Facilities offered

Office units
Minimum 16 m2

Warehouse / light industrial units
(225/360/540/560m2)
(257/330m2) (new)

Plot of land
(Minimum 2,000 m2)

Rental per annum US$ 7,500 (AED 27,500) US$ 68.20 (AED 250) Sq. mtr US$ 2.73/m2 (AED 10)
Lease period One year, annually renewable One year, annually renewable 20 years, renewable for similar period
Possible legal entities Branch of a foreign company
Including offshore company
Branch of a UAE company Free zone establishment
FZE
Free zone company
FZC
Capital cash physical None None US$ 50,000
(AED 185,000)
US$ 50,000
(AED 185,000)
No of shareholders     One Minimum 2
Maximum 20
Formation fee None None None None
Types of license issued Trading Professional / Service Industrial National industrial
License fee General trading:
One activity
Two activities
Three activities
US$ 1,909 (AED 7,000)
US$ 818(AED 3,000)
US$ 1,091 (AED 4,000)
US$ 1,364 (AED 5,000)
US$ 1,364
(AED 5,000)
 
US$ 1,909
(AED 7,000)
US$ 1,909
(AED 7,000)
Business Segments Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities.
Port facilities Ajman Port (Feeder vessel), ports in Sharjah, Ports in Dubai.
Visas 5 visas of office unit. However, no restriction for industrial / assembly units operating in pre-built warehouse and leased land as required for the activity.
Company formation period 3-4 days
Other info Manager of a company must hold free zone visa.