Ajman Free Zone (AFZ), which was founded in 1988, has contributed significantly to the emirate's industrial growth by luring several businesses and providing incentives and facilities that have bolstered the trade, finance, and industrial sectors. Many businesses have prospered with significant return on investment due to investment privileges.
Ajman Free Zone "encourages investing capitals and provides the right environment for such investment, by way of contributing to the formulation of general policies and providing information, preparing studies, carrying out projects, organizing expositions and conferences, and other beneficial activities, and with the assistance of national efforts and qualified human cadres, who contribute to achieving the economic growth and welfare of Ajman's Society and that of the United Arab Emirates."
Companies that are granted a license under this category will have full corporate independence.
This license is only available to Free Zone Companies that have a current license from one of the UAE's other licensing bodies.
Companies founded outside of the UAE are eligible for licenses under this category. The corporation will have entirely foreign ownership. Sales, however, are only permitted through UAE-registered agents or distributors. Commercial, industrial/manufacturing, or service-based activities are all possible.
A license in this category must be provided to corporate people who organize a firm. Industrial/manufacturing, commercial, or service activities are all possible.