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It is situated on the coast of the Arabian Gulf, extending over 16km between the emirate of Umm- Al- Quwain & Sharjah. It covers about 259 sq. km which is equivalent to the 0.3% of the country’s total area. The ruler of this Emirate is His Highness Sheikh Humaid Bin Rashed Al Nuaimi. It has population of 118,812. The Emirate of Ajman has three geographical regions. They include Ajman City, Masfout region & Manama region.
During the last decade the Ajman Economy achieved marked growth in the various Business sectors. Ajman Port provides superb facilities & incentives to investors & businessmen & the Port Authority has also set up two dry docks.
There are unspoiled beaches, with its distinctive position in the center of the country. There are few major institutes for higher education. Ajman University for Science & Technology, and secondly the Gulf Medical College which is specialized in medical & health studies. Another institute, The Arab College specializes in Administration sciences & post graduate studies.
Free Zones in Ajman
Frequently Asked Questions
Free Zone Companies are registered and listed with a Free Zone Authority (e.g DMCC). A DMCC Free Zone Company does not require you to have any Local UAE Citizen Partner and can be 100% owned by any foreign citizen and/or company.
DMCC Free Zone companies can be registered as an Individual, Branch, and/or Subsidiaries of Local UAE or Foreign Companies.
Yes, you can choose any name yourself. However, the registration will go through the DMCC Authority and Dubai Economic Department approvals.
The number of employees you can hire depends on the Office Space you lease. If you require more visas than the allocated number, additional fees are applicable. At Mayfair Executive Office, you get 3 Visas and 1 PIC per office, regardless of the size.
It is mandatory to acquire a facility upon issuance of the License. You can either rent or buy a Flexi Desk, Serviced Office, Physical Office, Retail Space and Warehouses or Open Land for Industrial Units.
Having an office facility is a mandatory. DMCC Free Zone companies are only allowed to have an Office Facility inside DMCC Free Zone in Jumeirah Lakes Towers (JLT).
DMCC provides three types of visas: employment visa, dependents residence visa, and business visit visa.
The amount of the Share Capital varies depending on the chosen activity. A minimum required Share Capital for a Service/Commercial Trading License is AED 50,000; and AED 1 Million for General Trading. This amount must be deposited in the company’s bank account and once Share Certificate is issued by the bank, money can be withdrawn thereafter.
Yes, you can and there is a wide variety of good banks to choose from.
Yes, you are allowed to trade locally and internationally but subject to the Rules and Regulations of DMCC Free Zone.
The documents and the company setup costs will depend on the activity chosen. To get a better idea about the costs involved, click here.
Company formation in DMCC has a minimum processing of 3-6 weeks. However, the speed of approvals will depend on the chosen activity, certification and attestation requirements.
Yes, Park Avenue Offices has a team of professionals well versed with the DMCC rules and regulations and will help you with all documentations and procedures.
*Terms & Conditions apply.
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