Ajman Free Zone is a UAE free zone that offers unique advantages to entrepreneurs and business owners. The zone is currently undergoing major redevelopment, with a state-of-the-art international airport and a newly-finished USD 25m marina project, among other park developments. Here are some of the key details to help you decide if Ajman Free Zone is the right choice for you:
- Multiple visa options: Ajman Free Zone offers various packages that provide different quantities of visas, making it an attractive option for entrepreneurs setting up in the UAE for the first time. The executive office allows up to five visas, while the smart office allows a maximum of three visas.
- Affordable and cost-effective: As one of the UAE’s most cost-effective free trade zones, Ajman Free Zone is particularly popular with small and medium-sized companies looking to maximize their budget. License packages start from AED 11,000 to AED 32,000 for five visas.
- Quick and easy registration: Ajman Free Zone’s registration process is hassle-free. Entrepreneurs only need to visit the free zone once to sign company documents in front of authorities. The rest of the process can be managed remotely, and the company can usually be set up in as little as two days.
- No NOC required: Ajman Free Zone does not require entrepreneurs to provide a No Objection Certificate (NOC) from a current employer, making it an ideal option for those looking to set up side businesses within the free zone while still employed.
- Wide variety of business types: Ajman Free Zone accepts a wide range of business types, including e-commerce licenses, which are not available in many other UAE zones. This mix of industries and businesses provides an ideal environment for collaboration and networking among entrepreneurs.
- Low barriers to entry: Ajman Free Zone is the perfect choice for entrepreneurs who want to set up quickly and easily, with minimal fuss. There is no requirement to provide paid-up share capital to get the company set up, and there are no ongoing auditing or bookkeeping requirements.
- Easy to open a bank account: Ajman Free Zone’s staff is available to help entrepreneurs open a corporate bank account within the zone. They can also advise on the application process and help choose the right bank for the company.
- Easy to sponsor dependants: Getting a visa in Ajman Free Zone is quick and easy, and entrepreneurs who meet the salary and savings requirements can sponsor visa applications for dependants. They can also sponsor family and employees, provided they have enough space to accommodate them.
- International presence: Ajman Free Zone has offices in Dubai, Russia, Pakistan, India, and the UK, making it a truly international free zone.