Company Setup in Ajman Free Zone
Setup your company in Ajman Free Zone and unlock your business potential
Ajman Free Zone is becoming a significant international hub for companies looking to expand globally. Setting up your business in Ajman Free Zone offers the key benefit of accessing emerging markets worldwide.
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Setting up your business in the Ajman Free Zone allows you to connect with emerging global markets.
World-Class Infrastructure
Efficient Business Operations
State-Of-The-Art Logistics Facilities
Investor-Friendly Regulations
Low Corporate Tax
Full Repatriation of Profits
With multiple business setup options like mainland, free zone, and offshore, Ajman Free Zone caters to the needs and goals of entrepreneurs. Establishing a presence here provides a profitable opportunity while linking to one of the world’s most stable and advanced economies. Starting a company in the Ajman Free Zone is a smart decision that unlocks major market opportunities.
Why Setting Up Your Business in Ajman Free Zone Is Beneficial
- Easy Visa Process: Foreign investors can easily obtain visas in the Ajman Free Zone, enabling a smooth process for bringing in the talent required for business growth.
- Free Zones: Ajman Free Zone offers free zones with 100% foreign ownership, no corporate tax, and no personal income tax benefits.
- Highly Skilled Workforce: Ajman Free Zone boasts an advanced workforce, largely English-speaking, which simplifies business communications and operations.
- Strategic Location: Ajman Free Zone is perfectly located between Europe, Asia, and Africa, making it ideal for trade, tourism, and logistics. Its position provides seamless access to emerging markets and a vast customer base.
- Tax Benefits: Ajman Free Zone offers a low corporate tax regime. Additionally, the ease of repatriating both profits and capital makes it an appealing location for businesses from a taxation standpoint.
- Vibrant Economy: With a rapidly growing economy, Ajman Free Zone presents numerous opportunities for businesses to expand and achieve success.
- Access to Global Markets: As a global trade gateway, the Ajman Free Zone allows businesses to expand internationally and tap into various markets.
- Ease of Doing Business: The UAE government has introduced reforms to simplify company registration in the Ajman Free Zone, allowing businesses to focus on growth quickly.
- Promotion of Entrepreneurship: The UAE government supports entrepreneurship through financial incentives, training programs, and business support services, especially in the Ajman Free Zone.
General Procedures for Company Setup in Ajman Free Zone
- Choose the Business Activity: Select the type of business you intend to operate. Your license depends on whether it’s commercial, industrial, or professional.
- Select the Company Structure and Jurisdiction: Based on regulations and costs, choose between mainland, free zone, or offshore options. Also, decide on the type of company (e.g., Limited Liability Company, Sole Establishment, Branch Office, or Freezone Entity).
- Register the Trade Name: Secure a unique name for your business through the licensing authorities. Ensure it’s not similar to any existing business name.
- Apply for Initial Approval: Obtain approval from the government to confirm there’s no objection to your business activity or plan.
- Prepare Legal Documents and Obtain a Trade License: Prepare incorporation documents like the MOA and AOA. Apply for the necessary license or permit based on your business activity.
- Lease Office Space: Mainland companies must lease office space, while free zone companies must operate within the specific free zone in the Ajman Free Zone.
- Register with the Chamber of Commerce: To access various business services and forums, you must register your company with the Ajman Free Zone Chamber of Commerce and Industry.
- Visa Processing: Apply for visas for yourself, employees, and their dependents. This includes obtaining an Establishment Card, which enables your company to sponsor visas.
Mainland vs. Freezone vs. Offshore: Choosing the Right Business Structure in the UAE
Mainland Companies
- Registered with the Department of Economic Development (DED) in Ajman Free Zone.
- No requirement for a local partner.
- Can tender for government contracts.
- Ideal for businesses needing to operate directly in the UAE market.
Freezone Companies
- Established in Ajman Free Zone areas, which offer over 50 industry-specific free zones.
- Allow 100% foreign ownership and enjoy tax exemptions, with no import or export duties.
- Cannot trade directly in the mainland without involving a distributor.
- Popular for businesses engaged in import/export or specific industries.
Offshore Companies
- Incorporated in designated offshore jurisdictions within the UAE.
- Cannot engage in commercial activities within the UAE but can operate internationally.
- Offer privacy and property protection through favorable tax legislation.
- Ideal for companies with limited or no direct client interaction seeking international operations
Licenses Available in Ajman Free Zone
- Trade License: For individuals or companies involved in the buying and selling of goods.
- Industrial License: Issued to companies involved in manufacturing processes.
- Business License: Awarded to service providers, professionals, artisans, and craftsmen.
Documents Required for Company Setup in Ajman Free Zone
- Shareholders’ information
- Passport and Visa copies of the shareholders
- Application form
- PDF of business plan
- Board resolution documents
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Identification proofs for shareholders.
Ajman Free Zone offers 100% foreign ownership, tax exemptions, and full repatriation of profits.
Yes, Ajman Free Zone allows 100% foreign ownership for businesses.
It usually takes around 1-2 weeks, depending on the business type and documentation.
Trade, industrial, and business licenses are available based on your activities.
Yes, Ajman Free Zone offers access to global markets with strategic locations between Europe, Asia, and Africa.
You’ll need shareholder details, passport copies, a business plan, and incorporation documents like MOA and AOA.
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