Boost in Ajman Company Formations in 2Q 2017
July, 2017
The emirate of Ajman has issued 1052 business licenses in the second quarter of 2017.
These superb results were announced by the Planning and Development Division at Ajman Department of Economic Development (DED) and were reported by Emirates News Agency.
Furthermore, there has been a 12.3% increase in the number of license renewals for the second quarter of this year as compared with the first quarter of this year.
These figures reflect the confidence that investors have in Ajman’s economic environment. They are proof that investors are highly attracted to Ajman and are selecting Ajman for their company setups.
Increased Ajman company formations will continue to accelerate the development of the emirate’s economy, making Ajman a key destination for investment in the region.
Ajman Company Formation Packages
Ajman Offshore Company Formation
Ajman Free Zone Company Formation
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Why Ajman Company Formation?
There are many reasons to set up a company in Ajman. Ajman Free Zone offers some great advantages and benefits to investors, some of which are:
- Zero personal income tax
- Zero import and export duties
- Zero other taxes
- 100% ownership of the company
- 100% foreign ownership of the company
- Easy transfer of capital and profits
- Modern infrastructure
- Modern facilities at competitive prices
- 24/7 access to client facilities
- One-stop services for Ajman company formations
- Fast issuing of business licenses
- Strategic location (only 12 km from Dubai) and easy access to two international airports, four seaports and modern highways connecting Ajman to other emirates
- Low cost for power / electricity
- Pools of low cost labour
We can Help you Make Your Vision a Reality – Click Here for Your Ajman Company Formation
FBS Kotsomitis – Our Promise to You
We are experienced Dubai, RAK and UAE company formation specialists. Our highly trained team of professionals is at your disposal.
Our promise to our Clients ……..FBS Kotsomitis promises to provide the best possible service to our clients to make setting up Dubai, RAK and UAE companies simple and hassle-free.
We have first-hand experience of what works in the UAE to ensure our clients’ success and prosperity.
You are Our Priority – Contact Us for Your Ajman Company Formation
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We will guide you through the five steps for your Ajman company formation – Click on the links below for the 5 simple steps to set up your company in Ajman or other UAE location:
Step One: Get in Touch with FBS Kotsomitis
Step Two: Select your ideal company type
Step Three: Start the company formation process
Step Four: Choose your bank and open your corporate and personal bank accounts
Step Five: Begin to operate your company together with our support
Frequently Asked Questions on Ajman Company
| Ajman Company Formation FAQ | |
|---|---|
| Question | Answer |
| What types of business activities are permitted at Ajman Free Zone | All types of legitimate business activities are permitted in AFZ.
Business activities are subject to approval by the Ajman Free Zone Authority. |
| What types of business licenses are issued at Ajman Free Zone? | AFZA offers four types of business license:
Trading License – issued to foreign, local or free zone companies for trading in the free zone. Industrial License – issued to foreign, local or free zone companies for manufacturing in the free zone. Professional/Services Licenses – issued to foreign, local or free zone companies to carry out the provision of professional services in the free zone. National Industrial License – issued to a registered company operating inside the free zone, that meets the following criteria:
|
| What types of companies are available at Ajman Free Zone | Free Zone Establishment (FZE)
Free Zone Company (FZC)
Branch of a Local Company – no minimum capital required Licenses are issued to the free zone companies holding a valid license issued from any other UAE licensing authority. Branch of a Foreign Company – no minimum capital required Licenses are issued to companies that are already established outside the UAE. The company ownership is 100% foreign. Sales are via a UAE registered agent or distributor. |
| Do I need a local partner for my Ajman company formation? | No, there is no need for a local partner or a sponsor. The investor is the exclusive owner of the company. |
| Does an investor need a UAE residency to form a company in Ajman Free Zone? | Investors do not need to have a UAE residency. |
| Can I set up companies elsewhere in the UAE with my Ajman Free Zone license? | Licenses issued by Ajman Free Zone are valid for commercial activities within the Free Zone. They cannot be used to set up companies in other emirates. You can use your Ajman Free Zone license to sell goods to other emirates via a registered agent or a distributer. |
| Is there an option for lease or purchase of Ajman Free Zone facilities? | All facilities at Ajman Free Zone are leased to investors on an annual basis, with yearly renewals. |
| Do I have to rent an office in order to get a business license? | Yes, you have to rent an office at AFZ before you are issued a license. |
Click Here for More Information on Ajman Company Formation
About Ajman Free Zone
Ajman Free Zone (AFZ) was launched in 1988 and it covers an area of over one million square metres. The creation of Ajman Free Zone has led to a huge increase in industrial activities in the emirate of Ajman and has attracted thousands of companies presently housed in the free zone.
Investors setting up companies in AFZ enjoy many benefits and advantages. AFZ provides competitive advantages and modern facilities which means that investors enjoy a healthy return on their investment.
Contact us to Discuss Your Ajman Company Formation Needsand for Guidance and Consulting
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Ras Al Khaimah, United Arab Emirates