Establishing a company in the Ajman Free Zone The Ajman Free Zone is a distinguished investment destination that attracts investors from all over the world. Establishing a company in the Ajman Free Zone provides many advantages and distinct business opportunities that help the business succeed.

Establishing a company in the Ajman Free Zone requires familiarization with the procedures and requirements necessary to successfully establish the company. First and foremost, investors should choose a business that fits their vision and interests. Next, the appropriate legal form of the company must be determined, such as a limited liability company or joint stock company.

Company establishment procedures include identifying business partners, determining their financial shares, registering the company’s trade name, and preparing the required legal documents, such as contracts and notarizations. Investors must also comply with local legislation and legal and tax requirements applicable in the Ajman Free Zone.

Establishing a company in Ajman Free Zone

Among the advantages that the Ajman Free Zone provides to companies include tax exemptions, easy access to regional and global markets, advanced infrastructure, and available banking and financial services. The local government is making every effort to facilitate the process of establishing companies and supporting their growth in the Ajman Free Zone.

In this article, we will review in detail all the steps and requirements necessary to establish a successful company in the Ajman Free Zone. In this guide, you will find the information necessary to start your entrepreneurship journey in this distinctive investment destination. We will explain the legal procedures, required paperwork, and available business advantages, which will help you make the right decisions and succeed in establishing a company in the Ajman Free Zone.

Steps to establish a company in Ajman Free Zone

There are many steps involved in establishing a company in the Ajman Free Zone, the most prominent of which are the following:

• Determine the legal form of the company, whether it is a company, a branch of a company, or an institution.
• Choosing a location for the company to operate in that must obtain licenses.
• Choose a company name that meets the conditions.
• Obtaining licenses from the relevant authorities.
• Obtaining initial approval from the relevant authorities to carry out the work.
• Apply for a commercial license.
• Complete the requirements for a commercial license, obtain it, and register as a member of the Chamber of Commerce.

Tax laws for establishing a company in the Ajman Free Zone

In the Ajman Free Zone, companies enjoy a number of tax concessions that make it an attractive destination for investors. Among these tax benefits are:

1. Not imposing income tax: Free zones in Ajman are considered areas free from imposing income tax on companies, which helps improve business profitability and increase competitiveness.
2. No Value Added Tax (VAT): Following the imposition of VAT in the UAE, VAT is not charged on goods and services provided within the free zones in Ajman.
3. No customs duty tax: Companies in free zones enjoy exemption from paying customs duties on import and export, which helps reduce operations costs and improve competitiveness.
4. Not imposing a property tax: In some free zones in Ajman, no tax is imposed on real estate properties owned by companies, which helps reduce real estate costs for companies.
5. Not imposing a distributed profit tax: Ajman free zones do not impose a tax on the distribution of profits to shareholders, which enhances the attractiveness of investment and increases the attractiveness of business.

Fees for establishing a company in Ajman Free Zone

fees in Ajman Free Zone vary according to the type of company and its activity, and are also affected by developments and changes in local regulations. Below is an overview of the fees typically associated with establishing companies in the Ajman Free Zone:

• Company registration fees: Includes company registration fees and obtaining the initial license. These fees may vary depending on the type, size, and activity of the company.
• Annual license fees: The annual license is necessary for the company’s continued operation in the Ajman Free Zone. The fees for this license are determined based on the type, activity and size of the company.
• Fees for legal consultants and accountants: Investors may need to obtain consulting services from legal and accounting experts to assist in preparing the legal and financial documents necessary to establish the company. These fees are determined according to the services provided and the experience of the experts.
• Contracts and documents fees: Establishing a company requires preparing and signing contracts and legal documents such as commercial contracts, terms and conditions. There may be fees associated with notarizing these documents.
• Additional Services Fees: Ajman Free Zone may provide additional services such as logistics, warehousing, distribution, and consulting services. These services may involve additional fees to consider.

Licenses required to establish a company in the Ajman Free Zone

To establish a company in Ajman Free Zone, you usually need the necessary license for the specific company activity. There are several types of licenses that can be obtained in the Ajman Free Zone, including:

1. General Trading License: Allows the company to practice general commercial activities and trade and distribute various commodities.
2. Industrial License: This allows the company to establish, operate, manage and manufacture products in the Ajman Free Zone.
3. Professional Services License: Allows companies to provide professional services such as legal, accounting, engineering, medical, design, marketing, and others.
4. Limited Liability Company License: Allows the company to operate as a limited liability company, where the capital and financial responsibility of the partners are determined.
5. Joint Venture License: Issued to companies consisting of local and foreign partners, and requires special arrangements between the partners.

Advantages of establishing a company in Ajman Free Zone

Advantages of establishing a company in Ajman Free Zone

There are many advantages associated with establishing a company in the Ajman Free Zone, the most prominent of which are the following:

• Ajman Free Zone is located in a strategic location at the entrance to the Arabian Gulf.
• Serving eastern and western trade markets.
• Goods are exported from Ajman to 65 countries.
• Provides support services to customers around the clock.
• It provides a business package for investors with the utmost flexibility.
• It has many business sectors such as: food and beverages, automotive, health and beauty, construction, agriculture, education, oil and gas, jewelry, paper and packaging, media, marine sector, textile, advanced technology, chemical industries, and others.

Economic benefits of establishing a company in Ajman Free Zone

Establishing a company in the Ajman Free Zone offers many economic and competitive benefits that make it an attractive option for investors. Among the main benefits:

1. Customs and tax facilities: The Freedom Zones in Ajman provide an environment free of corporate taxes and customs duties, which reduces administrative costs and increases profitability for companies.
2. Access to the UAE and regional market: Thanks to its strategic location in the United Arab Emirates, the Freedom Zones in Ajman provide easy access to local and regional markets and facilitate export and import operations.
3. Flexible Legislation: Freedom Zones in Ajman offer flexible and proactive legislation that allows companies to obtain licenses and approvals quickly and efficiently, facilitating establishment and operation processes.
4. Advanced Infrastructure: Ajman provides advanced infrastructure that includes logistical facilities, ports, airports and advanced communications, which supports the growth of companies and the expansion of their scope of work.
5. Government support: The local government in Ajman provides strong support to companies by providing consulting, financing and training services, in addition to investment incentive and encouragement programmes.
6. Dynamic Business Environment: Freedom Zones in Ajman enjoy a lively and dynamic business environment that encourages innovation and growth, which contributes to the development of companies and improves their ability to compete.

How can we help you establish a company in Ajman Free Zone?

Our business consultants prepare the documents needed to establish a company in the Ajman Free Zone , which are as follows:

• Licensing form from the competent authorities.
• A statement of the investor’s previous licenses (if he had previous business in the Emirates).
• Electronic form for investor registration.
• A copy of a valid passport.
• A letter of no objection certified by the official authorities.
• Obtaining approval from the relevant authorities.

How can our company help you establish a company in Ajman Free Zone?

Establishing a company in Ajman Free Zone can be a strategic and smart move for those wishing to invest in the United Arab Emirates. Ajman Free Zone provides an ideal environment for business thanks to a set of features and benefits mentioned in our article today.