Ajman Free zone wants target Indian companies to setup in the area

Ajman Free zone wants target Indian companies to setup in the area

September 26, 2016
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Rishi Somaiya, Director of Sales said that Ajman Free Zone seeking out Indian e-commerce and other small or medium enterprises to set up their operations in their jurisdiction.  The free zone does not require the foreign investor to have a majority local partner to start a business.

Ajman FreeZone:

Ajman free zone offers Indian investors 100 per cent ownership of their companies with no corporate or personal income tax imposed on them. 100 per cent repatriation of capital and profits are allowed in the free zone. It only takes around 2 hours for a license to be issued in order to create an easy and facilitative incorporation process for its investors.

There are a wide variety of office space available for trading and professional services players. If investors want a land on 20-year contract to set up manufacturing units, they will also be able to renew the contract for another 20 years. The free zone also offers its investors smart warehouses of sizes as low as 100 square metres.

General Manager Mahmood Al Hashemi said that there is a large community of Indian residents in the UAE and across other Gulf Cooperation Council countries. Which is why Indian and their business is very important to the Free zone.

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Peninsula Business Solutions (PBS) Ltd was established in the UK in 2004 and licensed by the UK OFT (Office of Fair Trading) to provide Consumer Credit Services. We are regulated by the OFT and follow the strict guidelines provided by the UK FSA (Financial Services Authority). In 2007 PBS established a branch in the UAE which provided us international presence and the ability to expand and diversify our services along with our International network and affiliations. We specialise in providing high end professional consultancy on Company Registration in Dubai, company setup services across the UAE and Debt Recovery Services