Summit Launches Offshore Business Set-Up & Investment Opportunities in Ajman
Representatives of the Ajman Free Zone Authority (UAE) led by their Deputy Director, Mr. Nader Eldesouky will be presenting new opportunities for business and offshore investments to the business community of Cyprus in two investment summits to be held in Nicosia and Limassol next Tuesday and Thursday.
Attendees will be among the first to preview the launch of Ajman’s new offshore company set-up services and facilities touted as the ideal solution for Cyprus-based consultants who are looking for lucrative and safe investment destinations for their clients based out of Cyprus or elsewhere.
When asked, Mr. Rishi Somaiya, the Director of Sales and Marketing for Ajman Free Zone Authority and the keynote speaker of the summit, emphasized how consultants can offer Ajman as an investment destination to their clients.
“Considered one of the most stable and investment friendly hubs, Ajman has a competitive edge over several business hubs elsewhere, and the Cyprus-based consultants will find the Ajman Free Zone as a viable alternative to their clients.” Mr. Nader Eldesouky said ahead of the first ever Cyprus summit: "Ajman is a fast-growing business hub and as a free zone, is home to over 7,000 companies and 150 nationalities". The speakers will further discuss distinct advantages of Ajman, the opportunities the UAE offer as one of the fastest and safest investment hubs in the world and the incentives available for potential business investors.
- November 5 2013 in Nicosia, From 11 am to 2.30 pm, Venue: Hilton Cyprus
- November 7 2013 in Limassol, From 11 am to 2.30 pm, Venue: Amathus Beach Hotel
The Cyprus Investors Summit is a limited, by-invitation only event for all potential investors/consultants. Kindly register for the event online at ajmanfreezone.doodledigital.com or call +357 9968 0198 to reserve your place
An Introduction to Ajman Free Zone
Today the UAE has over 36 free trade zones. Ajman Free Zone belongs to the top three most popular ones. Ajman is strategically located at the center of the UAE, facilitating easy access to all the Emirates. Dubai, the commercial capital of the UAE, is only 35 kilometers and 25 minutes drive from Ajman – making this Free Zone an attractive investment destination.
Ajman Free Zone offers an array of flexible options and facilities for all types of businesses including its flagship products – Smart Offices starting from USD 555 per month, Executive Offices from USD 777 per month and Smart Warehouses offering flexible size options starting from 100 square meters. These are supported by attractive licensing solutions for all sectors including trading companies, service providers and industries, making for a compelling business proposition. Ajman Free Zone Authority is the most promising in terms of macroeconomics on the Middle East, providing tax incentives for persons and corporate entities with liberation from all foreign import and export taxes. The main advantages of the Ajman Free Zone:
- 100% foreign ownership
- 100% repatriation of capital and profits
- No personal income tax or corporate tax
- No import or export duties
- 20 years land contract is renewable for another 20 years guaranteeing 40 years tax and customs free operations
- World class infrastructure & inexpensive energy
- Low labour costs
- Lowest lease prices and a profitable strategic location
- State of the art international shipping and port facilities
For more information on Ajman’s Free Zones and business climate visit our website www.afza.gov.ae
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