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Ajman Free Zone (AFZ)
Since its founding in 1988, Ajman Free Zone (AFZ) has played a leading role in creating an atmosphere that is favorable for trade and business establishments. Situated in the emirate of Ajman, this free zone offers a wide array of amenities and services, rendering it a perfect option for both businesses and entrepreneurs.
Unique Features of AFZ
✔ Located in Ajman, one of the United Arab Emirates’ seven emirates, AFZ benefits from a prime location that puts companies close to important regional markets, promoting global trade and logistics.
✔To meet the various needs of companies of all sizes, including startups and well-established companies, AFZ provides a wide range of business facilities, such as contemporary office spaces, warehouses, and land plots.
✔AFZ offers industry-specific zones that serve a range of industries, including technology, manufacturing, logistics, and more, enabling companies to align with their industries’ demands.
✔AFZ has demonstrated its commitment to sustainability by integrating eco-friendly practices and green initiatives into its infrastructure, thereby aligning with worldwide efforts towards environmental responsibility.
Types of licenses available in AFZ
AFZ offers three types of licenses:
Benefits of setting up a business in AFZ
0% corporate tax on Qualifying Income
100% foreign ownership
No currency restrictions
100% repatriation of capital and profits
Simplified immigration process
No currency restrictions