Ajman Free Zone, UAE Comes to India, offers Business Opportunities in Middle East to Boost Trade & Economic Cooperation between India & UAE!
- AFZ’s Sr. Delegation Offers Attractive Investments Schemes to Attract Indian SMEs & Encourage Startups!
- With its strategic location & proximity to International Airports along with Flexible Laws & Facilities makes AJMAN FREE ZONE a favourite destination to Invest!
Chennai – 19th September 2016, Senior delegations from Ajman Free Zone, UAE is visiting across various cities of India – Chennai, New Delhi and Mumbai, with an aim to promote the benefits of investing in Ajman and encourage Indian Companies to open new offices in Ajman Free Zone, which will further help in boosting their businesses and strengthen trade relations between both nations.
Ajman Free Zone offers 100 percent foreign ownership, repatriation of capital and profits, no corporate tax, no personal income tax and no import duties on goods to be’re exported besides, the Free Zone offers benefits like lowest lease prices and tariff, extremely low handling charges, easy access to workforce, single window clearances and cheap energy to businesses interested in setting up an offshore company.
His Excellency, Mahmood Al Hashemi, General Manager of Ajman Free Zone said, “With a large Indian diaspora residing in UAE and around the Gulf Cooperation Council (GCC), India and its business community is of strategic importance to us”.
“We have a streamlined bureaucracy sans any red tape. The pricing is very competitive. The world-class infrastructure at Ajman Free Zone comes with no hidden fees or service charges,” the General Manager added.
India is one of the top three trading partners of the UAE. At present, over 17,000 companies are registered in Ajman Free Zone out of which over 40 percent are of Indian ownership.
For Small & Medium Enterprises (SMEs) and entrepreneurs who find entry cost prohibitive, Licenses such as Smart Office has been launched and met with phenomenal success. Entrepreneurs looking to grow their business but want to operate under strict budget, Executive Office License are designed providing economies of scale.
Mr. Nader Desouky, Deputy General Manager Ajman Free Zone said, “Besides, Ajman Free Zone offers Smart Warehouses, from as low as 100SQM scalable in nature thus can be of any size as per customers choice, with the vision to encourage Startups Ajman Free Zone has launched a unique Business Center license providing all the facilities a startup would look at but at marginal cost”.
“Ajman Free Zone is considered one of the fastest growing free zones in the region and will continue to exert efforts towards furthering its expansion. The coming period will witness developments based on customers and the services provided to them”, added Mr. Rishi Somaiya, Director Sales & Marketing Ajman Free Zone.
About Ajman Free Zone
Ajman Free Zone was established in 1988 and was granted autonomous status under the Emiri Decree No 3 of 1996 issued by His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone is named as the sole regulatory agency for the free zone in the Emirate.
Ajman Free Zone, with strategic location at the doorway of Arabian Gulf, is positioned to serve both Eastern & Western markets. A multimillion Dirhams development plan is currently under progress inside the Free Zone on an area that exceeds one million square meters. This area, once developed, will be spacious to accommodate 1500 Companies