Setting up a company in Ajman is relatively inexpensive and easy. Companies that choose to have a presence in the Emirate of Ajman can benefit from its strategic location, excellent infrastructure and business-friendly environment.
The cost of setting up a company in Ajman varies according to the type the company and the size of its operations. In general, companies may need to pay an initial fee to register with the Ajman Free Zone Authority or any other relevant regulatory body. In addition, companies may need to pay additional fees for services such as licensing, visa applications, and office space rental.
Businesses may also need to obtain a business license from the local municipality, which varies in costs depending on the type of activity. Corporations can also take advantage of tax incentives such as 100% foreign ownership and exemption from corporate income tax. In general, setting up a company in Ajman is relatively simple and cost effective compared to other locations in the region. Companies wishing to operate in Ajman can take advantage of its pro-business environment and attractive incentives to help them succeed.
Setting up a company in Ajman is an attractive option for entrepreneurs due to the lower cost of incorporation compared to other emirates in the UAE. The Ajman Free Zone Authority has made it easy and straightforward to open a company in the emirate by providing a number of cost-effective packages, which include the basic package, the silver package, registration fees, trade license fees and a physical office space with at least one desk and chair. The Gold package includes all the features of the Silver package plus additional amenities such as additional office furniture, a dedicated receptionist, and access to shared meeting rooms. The Premium package is designed for large companies looking for more luxurious amenities. This package includes all the benefits of the Silver and Gold packages plus private meeting rooms, additional office furniture and equipment, and other upscale services.
Those looking for more flexibility in setting up their business can do so by setting up:
- Required documents
- License issuance steps
- License issuance fees
- Frequently Asked Questions
For those starting a new venture from scratch, setting up a company within Ajman Free Zone is feasible due to its competitive fees and flexible installment plan for young entrepreneurs. A commercial license is an accreditation certificate issued by the licensing authority that allows the possibility of carrying out a specific activity upon request in addition to the legal conditions for this activity. In this article, we will show you the most important information about issuing a commercial license in Ajman, starting with the required documents and ending with the time required to complete the application.
Procedures and documents required to issue a work permit in Ajman:
Required documents
Individuals- Trade name reservation certificate
- Application for authorization
- A copy of the passport and a valid identity card, whether the owner or the partner (partnership cases)
- Security approvals (for residents)
- Trade name reservation certificate
- Application for authorization
- Copy of valid passport and identity card (for all partners)
- Security approvals (for residents)
Steps for issuing a commercial license in Ajman:
Learn how to issue a commercial license in Ajman through the steps below. If you need to verify official documents, certificates and commercial invoices, you can contact an authorized agency such as ITQAN.
Requests for the issuance of Ajman commercial licenses are submitted at centers designated for this purpose, either in service centers or on the website.
If necessary, obtain the consent of others, as it depends on the intensity of the activity and:
- Download lease contract data
- Pay the fees
- Receive the license
- Opening an investor link account
- Reserve the trade name
- Service Contractor Accreditation - Cooperative Partnership in accordance with licensing laws (is a sole proprietorship with citizen authority as a service provider).
- Approving the Memorandum of Association legally consisting of companies (liability company - sole proprietorship - joint venture - partnership) and obtaining a license from the Legal Affairs Department (Documentation).
Advantages of establishing a company in Ajman Free Zone:
Ajman Free Zone is located at the entrance of the Arabian Gulf, and enjoys a strategic location to serve the trade markets between East and West well. ITQAN helps you estimate the cost of setting up a free zone company in Ajman and helps you obtain a general trading license and other types of licenses in Ajman that are permitted. Ajman Free Zone is an emerging free zone in the United Arab Emirates, with our help you can get the Ajman Free Zone visa that suits your company needs.
Today, the Ajman Free Zone includes approximately 256 industrial companies, which constitute 20% of the total number of industrial units in the United Arab Emirates and ranks third among all emirates. Goods are exported from Ajman to more than 65 countries. With the contribution of more than 50 companies, Ajman Free Zone has become one of the most sought-after destinations in the UAE.
The cost of establishing a company in Ajman Free Zone:
The cost of establishing a company in the free zones in Ajman is one of The lowest investment costs and the Ajman Free Zone offers huge benefits to investors and businessmen.
Ajman is one of the smallest emirates in the UAE, but its superior commercial status has attracted thousands of investors from different countries, making it an ideal choice for investment.
Are you looking for the cost of setting up a company in Ajman Free Zone to prepare before entering the procedure? This is a good step because the cost of setting up a company in Ajman Free Zone includes many costs and fees that must be paid in legal procedures with government agencies in Ajman.
Depending on the nature of the legitimate business activity, there are also a number of costs associated with legal papers and documents, as well as the cost of obtaining a business license in Ajman.
Types of commercial licenses in the Ajman Free Zone:
The cost of setting up a company in the Ajman Free Trade Zone also includes the cost of obtaining a business license, so it is essential to understand the types of business licenses that are allowed to operate in the Ajman Free Trade Zone.
Ajman Free Zone Trade License:
It is a license that companies that carry out commercial activities in the Ajman Free Trade Zone can use in the Ajman Free Trade Zone, as follows:
- A commercial license for one commercial activity.
- A commercial license for two commercial activities.
- A commercial license for three commercial activities.
- General trading license.