Ajman

Why Set Up a Company in Ajman?

Ajman provides cost-effective options for business registration in Ajman Free Zone in addition to offering various other beneficial incentives to foreign investors. Presence of world-class infrastructural network, flexible legal framework, tax incentives, and excellent logistic facilities are some of the advantages that make business setup in Ajman a highly lucrative investment. Moreover, Ajman has a strategic location at the entrance of the Arabian Gulf, with proximity to Sharjah and Dubai, and convenient accessibility to four ports and two international airports, Ajman Free Zone is aptly situated to serve the eastern and the western markets.

Process of Company Formation in Ajman

Conditions and Prerequisites

• Licensee must be eligible and qualified according to the law pertaining to trading licenses
• The investor should apply to the municipality to obtain the necessary application forms and make sure one completes all that is required for the business or the license
• The place of business is to be setup in an industrial or commercial location that enjoys the approval of the municipality
• Payment of the applicable fees

Documents Required

• Passport photocopy
• Leasing contract or copy of the location ownership
• Schematic drawing for the business location

Procedure

• Submit the application form at the Customer Services Center in the municipality for initial approval
• Follow up with the Inspection Unit in the municipality for inspection of the business location in real terms
• Obtain the approval of the specialized departments inside the municipality, if applicable
• Check with the AJCC in the municipality on how to obtain the approval for the trade name and issuing of business register and membership certificate
• In case of establishment a new company, submit all the necessary approvals, in addition to receipts from the ministry of trade as acceptance into the register of the companies
• After all fees are paid, submit the application to the Customer Services Center in order to get the receipt
• It takes 1 day to receive the licence