Value added Tax or VAT was introduced in the UAE on 1st January 2018 at the rate of 5% [..]
What does substance mean? [..]AJMAN FREE ZONE
Our Commitment
- Your Company in Ajman Free Zone formed within 5 working days. *
- Competitive and transparent pricing
- Complete confidentiality
- UAE Residency Visa for you and family members
- Setting up your company with a bank account including eBanking and debit card
Ajman Free Zone Main Characteristics:
| Company type | Free Zone Limited Liability |
| Governing corporate legislation | Ajman Free Zone Authority |
| Information published relating to company officers | Company director names are not disclosed |
| Confidentiality | Complete confidentiality |
| Accounting requirement | No accounts and auditing are required |
| Taxation | No corporate or personal taxation |
| Legislation | Ajman Free Zone Company regulations |
| Standard currency | UAE Dirhams pegged to USD |
| Time to form | 5 working days |
| Communication | Efficient communication |
| Local sponsor requirement | Not needed |
| Foreigner ownership | 100% |
| Residence visa issuance | Residence Visa issued |
| Number of directors needed | A minimum of one director |
Benefits:
- Strategic location in the heart of Dubai and next to the airport
- State-of-the-art infrastructure
- World-class facilities
- Single window convenience for administrative services
- Investor-oriented management
Tax Incentives:
- 100% corporate tax exemption
- 100% personal income tax exemption
- 100% import & export tax exemption
Investment Incentives:
- 100% foreign company ownership
- 100% repatriation of capital and profits
- No currency restrictions
Information concerning Ajman Free Zone
Ajman Free Zone (AFZ) was established in 1988, leading to massive industrial development in Ajman by attracting a great number of companies to benefit from the investment privileges, thereby strengthening industry and trade and the financial sector in the UAE.
Click on the freezone area you want to learn more about, or visit our freezones page for a full comparison:
* Please refer to our Terms & Conditions
