Amongst some of the free zones, Ajman Free Zone which was established in 1988 offers low start-up costs, affordable labor, and multiple amenities that are gaining popularity due to its various advantages. Some of the advantages are given below:
Commercial Advantages Tiny Zone
Tax ExemptionsInfrastructural BenefitsEnvironmental Advantages
Before setting up a business in Ajman, you should know the different types of licenses that it offers. The body that issues a license in Ajman is Ajman Free Zone Authority (AFZA) and it offers 5 different types of licenses. They are as follows:National Industrial License National Industrial License is issued to the companies that fulfill the following criteria:The company should be registered in Ajman but is operated in the free zone.The company should be registered with the nationals of the Gulf Cooperation Council (GCC) and must own at least 51% of the shares of the company.The company should have a minimum of 40% of the manufacturing completed in the free zone.