Ajman Free Zone Authority said that it is aiming for rapid expansion following the successful addition of its offices in the UAE and India.

The extension will greatly contribute in strengthening the presence of the free zone as a new gateway in international markets as part of its expansion plans, said a statement from the free zone.

Ajman Free Zone has established offices in various countries around the world including international locations such as Mumbai and Delhi, and it also has a corporate presence in several other locations via representative partners such as the Manchester in UK and Karachi in Pakistan, it added.

The free zone is strongly eyeing the Asia-Pacific market for expansion. By the end of the fiscal year 2016, Ajman Free Zone is looking to have operating offices in Germany, France, Italy and Singapore, it said.

Mahmood Al Hashemi, general manager, Ajman Free Zone, said: “We have marked out strategic plans to expand further into global markets in 2016. The opening up of these new premises is one step forward in response to the growing demand for new offices and modern services.”

“By establishing presence in these countries we seek to offer business facilities for our clients globally by providing the latest and most modern set up,” he added.

Nader Eldesouky, deputy director general, Ajman Free Zone, said: “Ajman is a safe investment destination with tax-free opportunities and a 24-hour set-up.”

Rishi Somaiya, director of sales, Ajman Free Zone, said: “Companies across the globe will be able to benefit from Ajman offshore/International Business Companies (IBC) enabling tax-free international operations with ease.”

“Fast and easy set up procedures will make Ajman offshore/international business company an ideal investment vehicle for asset management for their clients,” he added. – TradeArabia News Service