New Delhi, Thursday 8th September 2016 - Ajman Free Zone is one of the largest and fastest growing free zones in the UAE. Its senior delegation would be visiting Indian cities this month with an aim to enhance business relations, promote trade and strengthen ties between India & UAE. During their visit to India, they will hold Road Shows in 3 cities:-
City Day & Date
Chennai - Monday, 19th September 2016
Delhi - Wednesday, 21st September 2016
Friday, 23rd September 2016
Highlights of Ajman Free Zone
100% Foreign Ownership
100% repatriation of Capital & Profits
World Class Infrastructure
No Personal Income Tax
Customs free Operations
Cheap Energy & Low Labour Cost
Exemption from all Import & Export duties
These Road Shows are being held in collaboration with Indian National Bar Association!
India is the UAE’s second-largest trading partner and the UAE is India’s third-largest trading partner after China and the US. Both countries plan to increase trade to 60 per cent in the next five years.
Prime Minister Narendra Modi’s visit to UAE in August last year after a gap of 34 years, marked the beginning of a new and comprehensive strategic partnership between the two countries. Ajman Free Zone senior delegation visit is seen as a step towards further strengthening trade relations and to boost financial ties between the two countries.
His Excellency, Mahmood Al Hashemi, General Manager of Ajman Free Zone said, "The two countries share bonds of cultural affinity and have strong commercial and trade linkages, we look forward to further strengthen bilateral relations between the two countries.”
Located at the entrance of the gulf, Ajman is considered an easy gateway to two international airports and four ports. Its strategic location makes AFZ ideal global hub for doing business and reach out to every corner of the world.
About Ajman Free Zone
Ajman Free Zone was established in 1988 and was granted autonomous status under the Emiri Decree No 3 of 1996 issued by His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone is named as the sole regulatory agency for the free zone in the Emirate.