Ajman Free Zone is a significant economic area in the UAE, established in 1988 and located in the Emirate of Ajman near Sharjah and Dubai. With its strategic position at the entrance to the Arabian Gulf, it serves as a vital bridge connecting Eastern and Western markets. The free zone boasts convenient sea, land, and air transportation, being approximately 20 minutes from Dubai International Airport and 15 minutes from Sharjah Airport. Ajman Port hosts over 1,000 vessels annually, making it a crucial maritime hub.
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They can engage in various activities, including trade, services, manufacturing, etc., but specific permits are required.
The minimum registered capital requirement varies depending on the company type and activities. Free zone companies usually have no minimum requirement, while offshore companies need to determine the amount based on their business type. (Adam)
Yes, Ajman allows 100% foreign ownership, with no need for a local sponsor.