Ajman Free Zone Opens Office In Pakistan
by Lorys Charalambous, Lowtax.net, Cyprus
06 January, 2016
The Ajman Free Zone in the United Arab Emirates (UAE) announced on December 16, 2015, that it has opened a new representative office in Karachi, Pakistan.
The opening of the new office is part of the free zone's global expansion strategy. It has already opened representative offices in Mumbai, Dubai, and Manchester.
The office is intended to provide support to Pakistani investors wishing to conduct business in the UAE and in any of the member states of the Gulf Cooperation Council (GCC).
The business incentives offered by the Zone, in Ajman, one of seven emirates in the United Arab Emirates, include total exemption from all import and export duties, and no personal or corporate income tax. 100 percent foreign ownership is permitted.
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