How to Setup a Company in Ajman?
Here are the key steps to set up a business in Ajman.
Key Benefits of Business Setup In Ajman
1
Economically Viable Setup
It has competitive licensing and rental fees for offices, perfect for startups and SMEs.
2
100% Foreign Ownership
Ajman free zones allow 100% foreign ownership, so the business is fully controlled by investors.
3
Tax-Free Environment
Zero per cent income and corporate tax for businesses in Ajman, which means higher returns.
4
Target Markets
Situated closer to Dubai and Sharjah, Ajman allows an easy access to the rest of the UAE.
Frequently Asked Questions
The foreign investor can initiate the LLC in Ajman, which is related to industrial and commercial activities, though it cannot be consultancy.
You will be required to attach two passport-sized photos and an address verification letter issued by your current employer in case you are a citizen of the UAE. Additionally, you will need a copy of your Emirates ID and a copy of your visa if you already are in the UAE.
You will be required to:
1. Select the business activity
2. Submit an application to the Ajman
3. Municipality Customer Service Centre
4. Get approval from the Inspection Unit for your chosen commercial space
5. Get approval from relevant government agencies
6. Submit required paperwork
7. Pay the required fees
Some are National Industrial Licenses, Trading Licenses, Industrial Licenses, Professional/Service Licenses, E-commerce Licenses, and General Maintenance Licenses.