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Technology solution for container liner agency, feeder agency, bulk cargo, NVOCCs, felxi containers and tank containers.

Situated on the Arabian Gulf Coast, Ajman Free Zone is one of the most developed UAE free zones. It has four seaports, 2 international airports, and highways connecting to other major cities of the UAE. This has made Ajman as an advantageous place for company formation. Entrepreneurs can set up business here in Ajman because the company formation process is easy and hassle-free.

Ajman Free Zone Authority, the governing body that issues business licenses to companies has given many benefits for companies who want to set up a business here. Factors like cost, time and efforts are key resources in any company and hence Ajman’s cost-effective and strategic location attracts investors from around the world. The following are the reasons why company formation in Ajman free zone is beneficial:

 Commercial     Benefits

100% exemption from customs duty for goods and services     for you.

100% ownership for foreign companies

100% repatriation of capital and profits

No red tape and you won’t have to shell more money on     labor as they cost less.

Liberal economic policies and legal framework making     setup and registration easier.

2.      Tax Benefits for companies

You do not have to pay corporate tax

You do not have to pay personal Tax

There is no import and export tax

 3.      Infrastructural Benefits

Your company can enjoy the benefits of land leasing for     20 years which can further be renewed for 20 years.

Abundant energy supply which is also cheap.

There are no hidden charges.

You also get the benefit of pre-built offices, smart     offices and warehouses to facilitate your company.

 4.      Environmental Benefits

Your company will be set up in business-friendly laws.

The company registration     process and setup process is easier in Ajman Free Zone.

For workers, the immigration process is very quick and     simple.

Ajman Free     Zone Authority provides single window clearance for multiple     government services like acquiring business licenses, visa services,     immigration, etc.

 5.      Miscellaneous Benefits

There are no currency restrictions and no quotas or     foreign exchange controls.

AFZA provides 24 hours of security service

Easy staffing and recruitment procedure.

Your company can have access to services like the bank,     postal and advanced communication facility.

In Entertainment Business Finance I’ve learn more than expected.  I can agree with the instructor in that the knowledge of finance and accounting should be taught to an individual sooner than later.  This class not only taught me to research the cost of starting a business but also gave me valuable resources to account for my own finances.  One thing for sure is that I need to get a handle on my own finances before I start thinking of owning my own business. Although after being tasked to complete a Pro forma financial statement in this course, my affirmations have been made clear that creating or owning my own business is not in my foreseeable future.

Putting together a pro forma statement taught me that owning a business is more than just making decisions and having your name on the front of the store. It taught me that a good business owner knows the ins and outs of his or her company from the ground up.  Knowing what you need to start a business is the easy part, it’s when you need to bring forth your idea(s) and plan to investors where it gets tricky.  You can have all your numbers and facts in order however if your idea does not have the ability to succeed in making you and your investors’ pockets thicker you maybe a at a loss.

My original goals for this course involved more storytelling through marketing. My first goal was to learn how to be an effective storyteller through marketing. My second goal was to learn how to effectively track how a campaign was performing. My third goal was to learn the benefits of having a personal brand in comparison to building up an organization or business instead. Overall, I think I was either mislead by the course information provided to me or misunderstood that original information. I’m sure these marketing questions will be answered later, however, these goals were set with the idea that I already understood a lot about basic branding and that I would be able to dive deeper into how to put storytelling into making my brand successful, which in a way I did. 

This month I had the opportunity to put the finishing touches on my company’s business plan. Professor Thompson also provided valuable insight into how to increase your chances of getting a job in the entertainment industry and also how to attract more investors. As a business owner, it’s essential to have an updated business plan and for several reasons. One of the best reasons is preparation. A readily available business plan that you can hand to investors can result in lucrative opportunities. 

We also learned how to understand and invest in the stock market. That lecture alone was priceless because the information received is usually not freely given away. If that type of information is available, it’s almost always for a fee. We learned the importance of quickly peaking the interest of investors through an elevator speech.