Spell of opportunities for Indian investors at Ajman

During a recent investors meet held in Mumbai, potential Indian investors were informed about the multitude of investment options at Ajman Free Zone Authority (AFZA), through which Indian industrialists and entrepreneurs targeting emerging markets can set up operations there. AFZA currently has over 7000 companies with investments from Indian investors exceeding over 40 per cent.
Some of the major characteristics of investing in Ajman Free Zone include flexibility of transactions and ease with which procedures are executed with business licenses issued in 24 hours. In addition, Ajman Free Zone offers advantages such 100 per cent foreign ownership and repatriation of capital and profits, no personal income-tax, low labour cost, the only downtown free zone in UAE, diverse range of licenses for trading, services and industrial activities, competitive lease facility and an array of facilities ranging from smart office, land and warehouse.

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