Ajman free zone (AFZ) was established in 1988, leading to massive industrial development in Ajman by attracting a great number of companies to benefit from the investment privileges, thereby strengthening the industry and trade the financial sector in the UAE.
Ajman Free Zone
Ajman Media City Free Zone or Ajman Free Zone is the most recent opportunity for a free zone business setup in the United Arab Emirates, in the city of Ajman.
The Emirate of Ajman, located on the western coast of United Arab Emirates was formed by the Al Nuaim tribe, well known for their bravery, courage and wisdom who migrated to this region from Oman around 1775. The economy of Ajman in the past was mainly based on its strong maritime tradition - fishing and trade, though the wise Rulers always encouraged various other allied activities such as shipbuilding, pearl diving and trading. Its dhow building yard is the largest in the Emirates and continues to operate despite being dwarfed by modern developments
Ajman Free Zone Company Formation
Established in 1988, Ajman Free Zone (AFZ) has led to a huge industrial development in the emirate by attracting various number of companies, offering competitive privileges and facilities which strengthened the industry, trade and the financial sectors. By benefiting from investment privileges, many companies have thrived with considerable return on their investment.
Mission of AFZ - Ajman Free Zone
“Ajman Free Zone encourage investing capitals, and provide the appropriate climate for such investment, by way of contributing in drawing up the general policies and providing information, preparing studies, executing projects, organizing expositions and conferences, and other constructive activities, and by the help of national efforts and qualified human cadres, who contribute in achieving the economic growth and the welfare of Ajman's Society and that of the United Arab Emirates”.
Business facilities in Ajman Free Zone
- 100% ownership of establishment/company.
- 100% foreign ownership.
- Easy transfer of capital and profits.
- Exemption from personal income tax.
- Exemption from import and export duties.
- Exemption from other taxes.
- Competitive prices on facility usage.
- Competitive prices for power/electricity.
- Competitive prices on leasing.
- Easy access to low cost labor.
- Well-developed infrastructure.
- One-stop counter service for effecting transactions (residency, visa, etc.).
- Fast and easy procedures and in most cases, license within 24 hours.
WHY AJMAN FREE ZONE
Convenient accessibility to the adjacent Ajman port and Dubai and Sharjah airports
Fully digitized set up for business
VALUE ADDED SERVICES
Value-added services for all type of businesses including banking, medical, insurance
100% COMPANY OWNERSHIP
Customizable business packages
CUSTOMER CARE SUPPORT
24-hour round range of business support services
WORLD CLASS INFRASTUCTURE
Developed infrastructure in thriving epicenter of business and trade
Ajman Free Zone eco-friendly zone warehouses achieve LEED gold certification
Ajman Free Zone (AFZ) eco-friendly zone warehouses have received the Leadership in Energy and Environmental Design (LEED) gold certification after fulfilling all the requirements prescribed within the LEED rating system as created and maintained by the U.S. Green Building Council. The LEED certification program is administered by the Green Business Certification INC.
The criteria for achieving the LEED certification requirements are based on several key factors such as the overall energy consumed, construction methods, and the material and elements used. Receiving this certification represents a significant achievement for AFZ as an organization that regards sustainability as a key priority.
H.E. Eng. Ali AlSuwaidi, Director General, AFZ, said: “We are immensely proud to have secured the LEED gold certification. This achievement is more than just implementing sustainable practices. As part of our sustainable development strategy, we use advanced state-of-the-art tools at our warehouses which are specially designed to reduce electricity consumption, minimize carbon emission, and allow the implementation of the best sustainable practices to provide better working environment for the people and improved air quality.”
He added: “As an industry leader, it represents our commitment to making the world a better place and inspiring others to do more. The UAE has always viewed climate protection as a topic of extraordinary importance and our sustainable development goals are tailored to complement UAE climate change strategy to achieve net-zero emissions by 2050.”
“At Ajman Free Zone, we are committed to making a positive impact at the local, regional, and global levels. In this regard, we strive to maintain a sustainable approach towards all our operations and services. We are confident that this will enhance our cooperation with partners and stakeholders and advance the sustainable development framework. This project has not only helped expand the free zone’s capacity to support commercial and industrial activities, but it also increases its competitiveness in a world that is steadily marching towards a sustainable future,” he concluded.
Till date, the AFZ eco-friendly zone warehouses have been able to make fast strides in the sustainable development mission. It has achieved more than 33 per cent reduction in annual energy costs, 100 per cent reduction in total irrigation water consumption, and more than 40 per cent reduction in annual water usage through efficient water fixtures.
Besides utilizing eco-friendly materials for construction - over 20 per cent of total materials used have recycled content, and more than 20 percent of the total material has also been procured regionally. Additionally, Solar PV panels have been installed on the roof of all buildings for onsite energy generation and to reduce dependency on the grid. Through smart technology and efficient mechanical systems, the buildings also provide an improved Indoor Environment Quality (IEQ). Further, the warehouses have strategically utilized albedo materials for roofing, pavements, and car parking shades, to reduce the heat island effect.