Ajman Freezone has developed into a strategic location for entrepreneurs and investors seeking to establish a presence in the UAE. There are various features that have contributed to its popularity among various industries. Businesses operating here enjoy several advantages that support growth and access to regional and global markets.
Here, we will explore the key benefits of Ajman free zone company set up.
Strategic location:
Ajman Freezone is situated close to major transport links, including seaports, airports, and highways. This allows companies to connect with suppliers and customers in the UAE and abroad efficiently. The emirate’s coastal position also supports businesses engaged in trade, shipping, and distribution activities.
Competitive cost structure:
The cost of establishing and running a business in Ajman Freezone is generally more economical compared to several other locations in the UAE. This includes licensing fees, facility rentals, and other operational expenses. This affordability attracts startups as well as established companies aiming to optimise budgets.
100% foreign ownership:
Businesses in Ajman Freezone are permitted full foreign ownership. This structure allows entrepreneurs to maintain complete control over their operations and profits, making it appealing for international investors seeking direct market entry.
Companies established in Ajman Freezone can repatriate all profits and invested capital without restriction. This benefit supports financial flexibility for investors and facilitates reinvestment into other projects or markets.
Tax exemptions:
Businesses in the freezone enjoy exemptions from personal and corporate taxes, as well as customs duties on imports and exports. This tax-friendly environment encourages growth and allows companies to allocate resources towards expansion and innovation.
Variety of business activities:
Ajman Freezone permits a wide range of business activities, from trading and manufacturing to services and consultancy. This diversity makes it suitable for entrepreneurs from different industries, allowing them to explore multiple opportunities within one jurisdiction.
Availability of facilities:
The freezone provides facilities such as offices, warehouses, and industrial units to accommodate different business requirements. These facilities are positioned with accessibility in mind, helping enterprises manage operations and storage efficiently. Also, Ajman Freezone is known for its simplified registration and licensing process. With minimal administrative complexity, companies are able to commence operations quickly after fulfilling the set formalities.