There are tremendous benefits offered from AFZA, it allows 100% foreign ownership and are free from all types of taxes. Trade Licenses are issued within 24 hours. Investors may have 24 hours accessibility to their offices without any complications or security procedures.
All types of lawful business operations are allowed in AFZA. The prominence is not the size but the type of business to be established which is mainly light & medium industry, trading & service sectors subject to the approval of Ajman Free Zone authority.
AFZA does not provide any monetary support for the investors. However, the companies can approach other financial institutions all over the Ajman to finance their projects.
There is no minimum capital required if you are setting up a branch of a foreign / local company, but for any FZE or FZC companies a minimum capital of US$ 50,000/- or AED 185,000/- is required.
Trade Licenses issued from AFZA are valid for operating business inside the Ajman Free Zone territory only and cannot be used to set up business in any other emirates. However, goods maybe sold to the other emirates through distributors.