Ajman Unveils NuVentures Centre: A New Free Zone for Business Innovation

by News Desk 7 months ago Banking&Finance Ajman NuVentures

A revolution in UAE business establishment, offering enterprises and businesses speed, cost-effectiveness and simplicity.

Ajman proudly unveils the Ajman NuVentures Centre Free Zone (ANCFZ), a groundbreaking initiative that aims to simplify business establishment while fostering innovation and growth. As the UAE's free zone landscape becomes more competitive, ANCFZ introduces a new model focused on efficiency, making it easier, quicker, and more accessible than ever to set up a business.

Prime Location with Tailored Services

Situated in the strategic heart of Ajman, ANCFZ offers a combination of prime location and unique services tailored to the diverse needs of businesses. From technology and trade to media and professional services, ANCFZ is designed to accommodate businesses of all sizes—from startups and SMEs to large multinational corporations.

Addressing the Challenges of a Saturated Market

The UAE’s free zone market is vast, with over 45 zones already in operation. However, many entrepreneurs face challenges related to bureaucratic hurdles, time-consuming paperwork, and complex registration processes. ANCFZ stands out by simplifying these procedures, offering businesses a faster and more affordable solution that prioritizes customer convenience and growth.

Sheikh Mohammed bin Abdullah Al Nuaimi, Chairman of Ajman NuVentures Centre Free Zone, expressed his enthusiasm: "Ajman NuVentures Centre Free Zone represents a paradigm shift in the UAE's business landscape. We are proud to provide a free zone that addresses the real challenges faced by entrepreneurs, focusing on accessibility, affordability, and speed to empower the next generation of businesses."

Mr. Rishi Somaiya, CEO of Ajman NuVentures Centre Free Zone, stated: "In today’s fast-paced business environment, efficiency and simplicity are paramount. Our free zone provides a comprehensive suite of services, ranging from registration to visa processing, empowering businesses to concentrate on growth rather than administrative tasks. Ajman NuVentures Centre Free Zone is not only competitive but also fundamentally user-centred, offering clients the freedom and flexibility they require.”

“We are dedicated to establishing ANCFZ as a premier free zone, renowned for its exceptional services and competitive offerings that attract businesses and entrepreneurs globally. Furthermore, we are committed to contributing to the economic growth of the Emirate of Ajman in line with Ajman Vision 2030, with a focus on fostering a sustainable future that emphasizes human development, participation, and prosperity," Somaiya concluded.

Key Features and Benefits of ANCFZ

Swift Business Setup: ANCFZ’s streamlined process ensures businesses can obtain their UAE business license within two hours of applying, setting a new benchmark for speed in the industry.

- Fast Visa Processing: Business owners and employees benefit from quick visa processing, receiving their visas within 24 hours—a revolutionary turnaround in the region.

- Cost-Effective, Flexible Packages: With attractive packages that include flexible payment options, ANCFZ offers cost-effective solutions, including a 10% discount for upfront payments. Entrepreneurs can also choose from up to 10 business activities that best suit their needs.

- Simplified Process Management: ANCFZ takes care of all setup and administrative tasks, relieving clients of the burden of paperwork and portal management, allowing them to focus solely on growing their businesses.

- Comprehensive Services for Seamless Setup: From company registration to legal services and visa processing, ANCFZ provides a comprehensive suite of services that ensure a smooth and hassle-free experience for every client.

- Strategic Location for Global Connectivity: Positioned in Ajman, ANCFZ offers unparalleled access to key trade routes connecting the Middle East, Asia, and Africa—making it an ideal hub for businesses looking to tap into international markets.

- Diverse Opportunities Across Multiple Sectors: ANCFZ caters to a wide range of industries, including technology, trade, media, artificial intelligence, and even the metaverse, attracting visionary entrepreneurs and businesses eager to make their mark.

Global Opportunities for Business Growth

Ajman NuVentures Centre Free Zone is more than just a business hub—it is a launchpad for international success. With targeted resources and dedicated support, businesses within ANCFZ are empowered to expand rapidly, attract global clients, and achieve sustained growth both within the UAE and across international markets.

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