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What are the steps for Business setup in Ajman?

webglaze by webglaze
March 29, 2022
in Business
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What are the steps for Business setup in Ajman?

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Ajman Free Zone is the most cost-effective free zone in the UAE. It’s also the most flexible free zone. You can start your Business setup in Ajman in any sector, including manufacturing, trading, services, or e-commerce. Ajman Free Zone Authority committed to providing a stable and modern business environment for the companies. And investors who wish to establish their businesses in Ajman, UAE. The management at Ajman Free Zone focused on offering the best business opportunities possible to its investors.

It has become one of the most preferred free zones in UAE due to its strategic location. That connects it with all major airports and seaports of the country, easy access to major highways and by roads, proximity to markets of Dubai, Sharjah, and Ras Al Khaimah and other major commercial hubs in the Middle East.

Benefits of business setup in Ajman Free Zone

The Ajman Free Zone Authority founded in 1988 and has since attracted hundreds of international companies. This is thanks to several factors, including its strategic location on the Arabian Gulf and proximity to Dubai International Airport and Sharjah International Airport, it’s easy business setup process, and its tax-free environment; free zone companies are exempt from corporate tax for 50 years. Some of its benefits are:

  • No restriction on foreign ownership
  • 100% foreign ownership
  • 100% free transfer of funds
  • No personal income tax
  • The lowest cost among other free zones in the Northern Emirates

Types of Business Licenses in Ajman

  • Industrial License

Firstly, this license allows you to manufacture products at your facility within Ajman Free Zone. The legal form of this license is either a private limited company or a branch of a foreign company.

  • Professional/Service License

Secondly, this license allows you to provide professional services within Ajman Free Zone under professional occupations such as engineering, architecture, medicine, IT services, consultancy services, etc. The legal form of this license is a sole establishment which means that there can no shareholders associated with it.

  • E-Commerce License

An E-Commerce License serves as a legal permit to conduct electronic business transactions. This license proves that the Ajman Free Zone Authority has approved the company for online trading and commercial activities. An E-commerce License allows you to trade goods and services online to any part of the world.

  • General Maintenance License

A general maintenance license is required for all individuals wishing to carry out general maintenance work or provide services. The General Maintenance License is for establishments and companies that offer maintenance services for machinery, equipment, and facilities and includes air conditioning, electrical installations, and plumbing. The activity does not include designing and implementing mechanical or electrical equipment.

Process of Ajman Company Registration

Forming your company involves several steps. You’ll need to decide on the type of company you want to form, and then you’ll go through the application process with the government.

  • Submit Company Application

The first step to Ajman Offshore Company Formation is to submit the company application. This will need to done through the customer service center in the municipality. You may also able to apply to the regional municipality office if you have one near you.

  • Get trade name approved

The second step towards company formation in Ajman is to get the proposed company name approved by the concerned authorities. The proposed company names must not identical to existing trade names or any other registered business in the UAE.

  • Obtain your business license

Getting your business license is a straightforward process. You’ll file the paperwork with your state government and pay the appropriate fee, which varies by state.

How Start Any Business UAE can help you?

When setting up your company in Ajman Free Zone, you must work with a company that can help you plan for the future like Start Any Business UAE. They’ll cover all of the basics and help you get set up quickly and efficiently to focus on the actual work: growing your business. Start Any Business UAE is an expert in Business setup in Ajman. Team of Start Any Business UAE consists of experts from different aspects of company formation, which will cover all your requirements regarding your company formation. We have years of experience and have helped many clients to realize their dream of setting up a company.

We ensure that you get the best deal possible when registering your company or opening branches of your existing business. And, Start Any Business UAE provides a complete solution to all kinds of company formation needs, including setting up offshore companies. And free zone companies and providing PRO services and support for opening bank accounts in the UAE. We also offer professional advice on startup costs, incorporation procedures, and legal requirements. And other important issues for those who want to register their companies in Dubai and other Emirates of the UAE.

Tags: Ajman Offshore Company FormationBusiness setup in Ajman
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