Overview of Ajman Free Zone
Ajman Free Zone is one of the best-known and oldest free zones in the UAE. In addition, it is located in the Emirate of Ajman; approx. 40 minutes from Dubai. On the other hand, the free zone is located near a seaport. Ajman Freezone Company Formation is attractive to investors wishing to start a new business.
On the other hand, its competitive fees for young entrepreneurs and multiple installment payment opportunities are also good benefits. Similarly, the process of company formation in Ajman Freezone is beneficial for entrepreneurs; it welcomes any business such as freelancers and trading and light manufacturing companies.
Likewise, activities in Ajman Freezone Company Formation are divided into 3 groups:
In addition, the AFZA established a category of freelance permits; allowing individuals to have a license and 3-year visa cost-effectively. Further, AFZA allows entrepreneurs to have 3 trading activities or 1 service activity in the license.
Further, we provide you with the following perks in Ajman Freezone.
- Flexi-desks; available without monthly time limits.
You can locate offices and Flexi-desks within the free zone headquarters or in a separate facility nearby. Similarly, the warehouses complex has grown massively and covers all areas surrounding Ajman Sea Port.
How can we assist you to set up your company in Ajman Free Zone?
Business setup in Ajman Freezone starts from AED 5,000 per license. That is to say, this package was initially designed for young investors and entrepreneurs from 20 to 30 years old. Therefore, it is a good opportunity to have a low-cost license and incorporate it into the UAE market.
Other fees depend on business activities and visa allocations. Similarly, the lowest starts from AED 13,000 for the trading category license eligible for 1 visa. On the other hand, company formation in Ajman Freezone allows you have multiple payment options. Therefore, you can also pay for the organization in 2, 3, or even 5 installments.
There are some conditions established by the Ajman authority you must meet. For instance, the most important one is that the payment provided must be post-dated from a UAE bank. That is to say, if you go for 3 installments for the license; you are able to pay the initial with cash and set the remaining by 2 checks on the application day of your business.
Business setup in Ajman Free Zone
In order to start your company formation in Ajman Freezone or any other free zone; you can get in touch with us. In Connect Group we will provide you with comprehensive support when you are in the process of setting up in AFZA.
In the same vein, we will also provide you with the most suitable business facilities, assistance obtaining a residence visa in the UAE as well as opening a corporate or personal account. Further, we will help to choose the right corporate license and structure based on your business objectives and requirements.
In Connect Group we make the Ajman free zone company formation process easy and simple. Further, we help to communicate easily with the Ajman authorities; making the setup process quicker with all our cost-effective packages. On the other hand, we take care of all your documentation and get your Ajman Freezone registration in a matter of days.
With us, the cost of business setup in Ajman Freezone becomes the lowest.
What benefits do we provide to you when setting up in Ajman free zone? Let’s observe:
- Get corporate tax exemption.
- Get personal income tax exemption.
- No export or export duties are imposed.
- Get 100% repatriation on profit.
- Full foreign ownership.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.