- In Ajman free zone, foreign investors remain entitled to 100 per cent ownership of their firm and full repatriation of capital and profits.
- The cost of Ajman company formation is much less compared to other Emirates like Dubai and Abu Dhabi. There is no registration fee levied by Ajman Free Zone Authority for business development.
- Authorities provide all opportunities and assistance to foreign investors for business setup in Ajman. You get a single-window clearance for numerous services, including licensing, immigration, and visa.
- Foreign investors can also avail of 20-year land lease in Ajman, which you can again renew for another 20 years. This unique opportunity provides you with 40 years of legitimate tax-exempt operations at the Emirates.
- If you set up a company in Ajman, authorities offer you 100 per cent legal exemption from import and export duties
National Industrial License
This license has two specific guidelines. You must register your business with the Gulf Cooperation Council (GCC), where they would own at least 51 per cent of your company shares. The industry must also make provisions for the accomplishment of at least 40 per cent of the manufacturing processes within the free zone.