What To Know
- Currently, ANCFZ offers incomparable speed and efficiency of doing business and has defined itself as a free zone with a focus on digitization that would meet the needs of contemporary economic agents and venture creators.
- At the conference, Somaiya pointed out that the UAE benefits from a prime location a well-developed transport infrastructure, and a favorable investment climate.
- From efficiency, cost and the drive towards innovation, ANCFZ reflects the principle direction and effort of the UAE towards the growth of enterprise and non-oil economy.
The Ajman NuVentures Centre Free Zone (ANCFZ), the newest Free Zone of the UAE started its operation only two months back but currently, it has over 450 companies registered with it. Currently, ANCFZ offers incomparable speed and efficiency of doing business and has defined itself as a free zone with a focus on digitization that would meet the needs of contemporary economic agents and venture creators.
As per the CEO Rishi Somaiya with freedom of over 47+ free zones across the UAE, ANCFZ will also provide an establishment process completely on paperless. Clients can sign and confirm documents with digital signatures on their paradigm shift, do not use paper documents. It takes only 15 minutes to obtain a license, while the issue of visas takes no more than 48 hours, as opposed to 14-15 days in other countries.
It can take only hours to initiate a company in ANCFZ, compared to three to four days for a normal process. Clients are happy with our work and quick service We have become investors’ favourite around the world, Somaiya said.
We offer you affordable and flexible packages
The ANCFZ basic plans for its licenses go for as low as AED 10,800 license with up to 10 activities, multiple shareholders, and two-year visa. Special offers concern upfront payments, while there are many options for installment according to which a business can choose suitable for a startup or SME.
Socio Cultural Business Activities, Administration and Other Modem Amenities
The free zone provides licenses in virtually all service industries allowed under UAE law, as well as innovative industries such as gaming, blockchain and artificial intelligence. They include commercial real estate property, flexible workplace encompassing many people office spaces, and individual offices that meet today’s need.
Strategic Benefits of the UAE
At the conference, Somaiya pointed out that the UAE benefits from a prime location a well-developed transport infrastructure, and a favorable investment climate. As mentioned previously, for about AED 15,000 – AED 20,000 we are able to both incorporate a company and obtain residency, a proposition difficult to come by in todays globals economy.
From efficiency, cost and the drive towards innovation, ANCFZ reflects the principle direction and effort of the UAE towards the growth of enterprise and non-oil economy.
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