Business Setup in Ajman
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Company Setup In Ajman
Ajman is one of the 7 emirates in the UAE. Like any other emirate, Ajman also has its own free zone and it is quite easy for a business setup in Ajman. If you have proper guidance throughout the process, which we offer, then it would be much smoother. There are certain steps to set up a company in Ajman and they are as follows:
- First, you need to get initial approval from the Customer services center after submitting an application.
- You should notify the inspection Unit after choosing a business location.
- Get a membership certificate.
- You need to submit the required documents to the Register of Companies
- Pay the fees and get your business license.
Advantages Of Company Setup In Ajman
There are several advantages to setting up a company in UAE-free zones. Among that there are even more benefits in company setup in Ajman free zone. Let’s see some of those below:
- Customs duty for import/export will be minimal for those businesses operating in the Ajman-free zone.
- A foreign investor can have 100% ownership over the business if it is a free zone entity.
- The business setup fees can be paid in installments. This will help those who want to set up a business without a massive budget.
- The workforce cost is very low as you can get skilled workers at a very low cost in any of the free zones in Ajman.
- The investors and their families will be given resident visas.
- The investors also have multiple licensing options in Ajman-free zones.
- The best advantage is that you can have your business set up in just 24 hours, especially with the help of business setup consultants.
- Businesses in Ajman free zone are also exempted from corporate tax for a certain time period which can be later extended.
There are numerous investment opportunities and benefits if you are willing to up your business game. Our team can help and guide you through the process and achieve your goals without any hassles.
How Can I Form a Company in Ajman Mainland?
When setting up a company in Ajman Mainland, you have several legal entity options to choose from, depending on the nature of your business and your specific requirements.
Setting up a business in Ajman Mainland is a straightforward process, For more details and start your business in Ajman Mainland feel free to contact us on +971 50 978 6737
- Select a Business Activity: Determine the nature of your business activity. Ajman Mainland allows a wide range of activities, from trading and retail to professional services.
- Choose a Legal Structure: Select the appropriate legal structure for your company, such as a sole proprietorship, partnership, or LLC. Your choice will impact liability, ownership, and more.
- Trade Name Reservation: Select a unique and meaningful trade name for your company. Ensure it complies with Ajman’s naming conventions.
- Submit Required Documents: Prepare the necessary documentation, including:
- Passport copies and visa copies of shareholders and partners
- NOC from the local sponsor (if applicable)
- Memorandum of Association (MOA)
- Tenancy contract for your business premises
- Initial approval from relevant authorities
- Obtain Approvals and Licenses: Depending on your business type, you will need to apply for specific licenses and approvals from Ajman’s Department of Economic Development (DED) and other relevant authorities.
- Register with the Chamber of Commerce: All businesses in Ajman Mainland must register with the Ajman Chamber of Commerce to access local services and enjoy the benefits of being part of the Ajman business community.
- Get Your Trade License: Once all the approvals are in place, you can obtain your Ajman Mainland trade license, allowing you to conduct your chosen business activity.
Types of Licenses Available – Ajman Mainland
There are various types of licenses you can obtain for your business in Ajman Mainland:
- Commercial License: For businesses engaged in trading and general commercial activities.
- Professional License: Suitable for service-oriented businesses like consultancy, legal, and accounting services.
- Industrial License: Designed for companies involved in manufacturing, industrial, and related activities.
- E-commerce License: Specifically for businesses that operate in the e-commerce sector.
- General Trading License: Allows businesses to trade in various activities, offering more flexibility in their operations.
- Freelancer Permit: Perfect for individual professionals and freelancers to conduct business in their name.
Contact us to get personalized guidance and support to establish your business successfully in Ajman Mainland.
FAQ – Business Setup in Ajman Mainland
Ajman Mainland refers to the area in the Emirate of Ajman where businesses can be set up. It is different from free zones and offers businesses more flexibility in terms of location and business activities.
Ajman Mainland allows a wide range of business activities, including trading, retail, professional services, industrial operations, and more. Almost all types of businesses can be established in this area.
Yes, businesses in Ajman Mainland typically require a local sponsor. However, the local sponsor is often a sleeping partner who does not interfere in the day-to-day operations of the business. You can negotiate the terms and conditions of the sponsorship agreement.
In certain cases, it is possible to have 100% ownership of your business in Ajman Mainland. This depends on the type of business and the regulations that apply. For more details contact us +971 50 978 6737
The timeline for business setup can vary depending on several factors, including the type of business, the completeness of documentation, and the efficiency of the registration process.
Legal Entities for Company in Ajman Mainland
- Limited Liability Company (LLC):
- An LLC is one of the most popular legal entity options in Ajman Mainland.
- It offers limited liability protection to its shareholders.
- Requires a minimum of two and a maximum of 50 shareholders.
- Each shareholder’s liability is limited to their share of the capital.
- Suitable for a wide range of business activities.
- Sole Establishment:
- A sole establishment is a legal form for a business with a single owner.
- The owner is fully responsible for the company’s liabilities.
- Common for small businesses and freelancers.
- Branch of a Foreign Company:
- International companies can establish a branch in Ajman Mainland.
- The branch operates under the parent company’s name and carries out activities defined in the parent company’s commercial license.
- Requires a local service agent who is not involved in the business’s management.
- Partnership Company:
- A partnership company is formed when two or more individuals or entities come together to operate a business.
- The partners share the profits and liabilities based on the partnership agreement.