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| Ajman Free
Zone |
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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.
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| Competitive
Advantages: |
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• 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
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Facilities
offered |
Office
units
Minimum 16 m2
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Warehouse
/ light industrial units
(225/360/540/560m2)
(257/330m2) (new)
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Plot of land
(Minimum 2,000 m2)
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| 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
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Branch of a UAE company |
Free zone establishment
FZE
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Free zone company
FZC
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| Capital cash physical |
None |
None |
US$ 50,000
(AED 185,000)
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US$ 50,000
(AED 185,000)
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| No of shareholders |
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One |
Minimum 2
Maximum 20
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| 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
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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)
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US$ 1,909
(AED 7,000)
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US$ 1,909
(AED 7,000)
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| 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. |
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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