The Emirate of Ajman is situated on the coast of the Arabian Gulf, extending over a distance of 16 kms. between the Emirate of Umm Al Quwain & Sharjah. It covers about 259 sq. kms. which is equivalent to the 0.3% of the country's total area.

The ruler of this Emirate is His Highness Sheikh Humaid Bin Rashed Al Nuaimi. It has a population of 215,000.

The Emirate of Ajman has three geographical regions. They include Ajman City, Masfout region & Manama region.

Economic Development: During the last decade the Ajman Economy achieved marked growth in the various Business sectors.

Ajman Port provides superb facilities & incentives to investors & businessmen & AJMAN FREE ZONE the Port Authority has also set up two dry docks.

Tourism: There are unspoiled beaches and its distinctive position in the center of the country.

There are a few major institutes for higher education such as The Ajman University for Science & Technology and The Gulf Medical College which specializes in Medical & Health studies. Another institute, The Arab College specializes in Administration Sciences & Post Graduate studies.

The agricultural & fisheries sectors cover regions like Helayu, Masfout, Mizaira & Manama. Ajman is also the base for units processing & exporting a wide variety of fish & seafood to many Asian & European Countries.

Advantage Ajman Ajman Free Zone, established in 1988, was granted autonomous status under the Emiri 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 Zones in the Emirate.

Strategically situated at the entrance of the Arabian Gulf, Ajman Free Zone is well placed to serve Eastern & Western markets.

Ajman's proximity to Sharjah & Dubai provides easy accessibility to the two international airports & four ports.

Advantages:Cheap Energy.

• Economical wage structure and easy access to a vast work force.
• Total exemption from all import and export duties.
• Total elimination of all service charges and hidden fees.
• Exceptionally low handling charges.
• The 20 years land contract is renewable for another 20 years guaranteeing 40 years tax and customs free operations.
• Low lease prices.
• Low tariffs in the region.
• 100% foreign ownership.
• 100% repatriation of capital and profits.
• No personal income tax.
• No corporate tax.
  
  

TYPES OF LICENSE:

License Type Issued to Activities Allowed Trading:

• General Trading License Foreign/UAE Companies/ Free Zone Entities Trading activities in the Free Zone itself.
• One Activity Trading License
• Two Activities Trading License
• Three Activities Trading License
• Professional/Service License Foreign/UAE Companies/ Free Zone Entities Business of Providing professional/services in the Free Zone
  
  

Industrial License Foreign/UAE Companies/Free Zone Entities Manufacturing activities in the Free Zone. National Industrial License This License is issued to a registered company operating in the Free Zone, with the following eligibility:

• The Company should be registered within the GCC, with a GCC national/s owning majority share -holding of 51% or above.
• At least 40% of the manufacturing process should be accomplished in the Free Zone.
  
  

FACILITIES

Facilities Details Land Minimum plot size 2000 sq. m. Warehouse Units are available in 235/330/360/540/560 sq. m. sizes. Office The rental cost includes utilities (Water, Electricity)

SERVICES

• Services
• Office Maintenance
• Warehouse Maintenance
• Office Sign Board
• Warehouse Sign Board
• Office & Warehouse Guarantee
• Internet Services

UTILITIES

• Utilities
• Electricity
• Water
• Electricity Installation mined
  
  

Free Zone Entity (FZE)

FZE is an entity formed and registered in Ajman Free Zone and regulated by the Free Zone Authority, in accordance to the Amiri Decree No. 3 of 1988 as amended by the Amiri Decree No. 3 of 1996. FZE enjoys a separate legal entity and is owned (100%) by either a person or a corporate body. Such an entity must have capital equivalent to US $50,000. The Liability of the owner is limited to the amount of the share capital.

Free Zone Company (FZC)

Licenses under this category are issued to Free Zone Companies incorporated within the Free Zone in accordance with the Emiri Decree. Such a company enjoys a separate legal identity and the liability of its owner is limited to the value of the paid-up shared capital.

Branch of a Local Company (BLC)/ Branch of a Foreign Company (BFC):

Branch of a Local Company (BLC):

Licenses under this category are issued to companies holding a valid license from any UAE licensing authority except from other Free Zones.

Branch of a Foreign Company(BFC):

Licenses under this category are issued to companies established outside the UAE. The ownership of the company should be 100% foreign. However, sales can be made through a UAE registered agent or a distributor only. The activity may be commercial, industrial or professional /services.

DOCUMENTS REQUIRED FOR THE INCORPORATION AND REGISTRATION OF FZE BY A PROPRIETOR:

Any person or entity wishing to establish a FZE must complete an application form provided by the Authority and attach the following documents:

• The feasibility study of the project and the anticipated schedule for its completion together with relevant plans and drawings (for industrial projects)
• Passport copy of the proprietor.
• A letter of statement indicating a deposit of US$ 50,000 in any UAE bank.
• NOC from the existing sponsor certified by the official authority if the applicant is a resident of the UAE.

DOCUMENTS REQUIRED FOR THE REGISTRATION OF A FZC:

• The Application form with the initial approval for the name of the company and its activity.
• Articles of incorporation as per the Free Zone specimen duly completed and authenticated by the Free Zone Authority.
• Bank certificate with capital of UAE Dhs. 500,000.
• Passport copies of the shareholders and:
  
• Copy of Articles of the company.
• Power of Attorney duly legalized for the company representative with the authority to set-up and sign on behalf of the company
  
  

DOCUMENTS REQUIRED FOR THE REGISTRATION OF A B.L.C./B.F.C.:

The following documents must be attached with the application form:

• The feasibility study of the project and the anticipated schedule for its completion together with relevant plans and drawings (for industrial projects).
• Incorporation or Registration Certificate from the competent authority in the country where the company is registered.
• The Memorandum and/or Articles of Association of the company.
• Decision or resolution of the competent authority of the company authorizing it to invest or carry out the specific activity in the Free Zone and appointing a representative or a manager with Power of Attorney duly notarized and legalized to act on behalf of the company.
• Copy of the passport of the representative or manager of the company.
• The Chamber of Commerce and the UAE Embassy should certify document 2, 3 and 4 in the country where the company is registered.

WELL DEFINED AND EASY LICENSING PROCEDURES:

• The Application form should be completed and submitted to the Free Zone Authority together with the documents.
• The Applicant shall be informed of the decision of the Free Zone Authority within 5 days,
• Once the applicant fulfills all the requirements and deposits the required fee, he will be granted and issued an appropriate license.
• If the application is rejected, the Free Zone Authority will convey its decision stating the reasons for rejection to the applicant. The applicant may file an objection against such a decision within 15 days from the date of notification of the rejection.