Establishing A Company In Mainland Ajman
Establishing a company in mainland Ajman offers numerous advantages for entrepreneurs seeking to expand their business horizons in the UAE. With its strategic location and business-friendly environment, Ajman provides a platform for growth and innovation. The streamlined registration process and supportive regulatory framework make it conducive for startups and established businesses alike. Moreover, the vibrant economy and diverse market opportunities attract investors from around the globe. Choosing mainland Ajman ensures access to a robust infrastructure, skilled workforce, and a gateway to regional markets, making it an ideal destination for entrepreneurial ventures aiming for sustainable success.
Business Setup In Ajman Mainland
Company Setup is the spot to go to acquire an Ajman Mainland Trade Licence if you are looking forward for Ajman Mainland Business Setup. Full ownership, extensive tax benefits, exemption from import and export customs, and low-cost business setup are just a few of the numerous advantages associated with establishing a company in Ajman Mainland, in addition to the world-class infrastructure and comprehensive business supporting system.
Advantages of Business Setup In Ajman Mainland
Strategic Location
Ajman is centrally located within the UAE, providing easy access to major cities like Dubai and Sharjah.
Cost-Effective
Ajman offers lower setup and operational costs compared to other emirates, making it an attractive option for startups.
Full Ownership
Recent legal changes allow for 100% foreign ownership in certain business activities without the need for a local sponsor.
Tax Benefits
Ajman offers favorable tax conditions, including no corporate or income taxes, similar to the rest of the UAE.
Simplified Procedures
The business setup process in Ajman is straightforward, with less bureaucracy and quicker approval times.
Quality of Life
Ajman offers a high standard of living, with affordable housing, good schools, healthcare facilities, and a relaxed lifestyle.
Modern Infrastructure
Ajman provides robust infrastructure, including advanced telecommunications, transport facilities, and business parks.
Residency Visa
Business owners and employees can obtain UAE residency visas, offering benefits such as ease of travel and access to local services.
Diverse Business Activities
Ajman mainland allows a wide range of business activities, from industrial and manufacturing to trading and services.
Business-Friendly Environment
Ajman is known for its pro-business environment, with a focus on creating a supportive ecosystem for enterprises.
Access to Local and Global Markets
Businesses in Ajman mainland can trade freely within the UAE and internationally, benefiting from the emirate’s strategic trade links.
Government Support
The Ajman government actively supports businesses with various incentives and initiatives aimed at promoting economic growth.
Benefits Of Establishing A Company In Ajman
Ajman Mainland Business Setup has many benefits. To ensure that you can take advantage of these benefits without breaking the bank, business Setup specialists make the entire process of forming a mainland business in Ajman reasonable and convenient.
The City Of Ajman Has A Lot Going For It,
But Here Are A Few Of The Main Draws:
- For a firm with a focus on autonomy and material/manufacturing diversity, the laws and restrictions surrounding company creation are nothing short of extraordinary.
- Ajman is popular with manufacturers because to its flexible lease terms.
- Office and retail space rentals in Ajman are among the lowest in the world.
- Ajman is the cheapest of the Emirates in which to register a limited liability company.
- The city’s proximity to four seaports and two airports makes it an ideal location for logistics-intensive enterprises.
- New companies have a lot of options because to the availability of different company structures and different types of business licences.
These advantages are in addition to the sector-specific advantages that will be extended to enterprises operating in other industries. Ajman’s superb road network, for instance, is a boon to transportation-dependent industries.
How To Form A Company In Ajman?
Choosing the best business structure is the first order of business. Various organisational forms exist for businesses today.
- Single-Owner Business (sometimes known as a “Sole Proprietorship”)
- Branch Office of Foreign Company
- Representative Office of Foreign Company
- Professional Company / Civil Company
- Limited Liability Company
- Private Joint Stock Company
- Public Joint Stock Company
Types Of Business Setup In Ajman Mainland
In order to setup business in the United Arab Emirates, all companies must first obtain a Trade Licence.
Ajman issues the following kind of business licences:
General Maintenance License
Services including painting, plumbing and electrical work fall under the purview of this Business Licence. Since the authorities in the United Arab Emirates routinely inspect the structural soundness and safety of all buildings, general maintenance services are in high demand.
The construction, automotive, agricultural, educational, food and beverage, and health and beauty industries are all important to Ajman’s economy.
Steps in Setting Up Your Business Under Ajman Mainland License
Contact Us
Starting A Business In Ajman Mainland
For business setup in Ajman Mainland. Following are the steps:
- Complete an application and send it to Ajman Municipality Customer Service Centre.
- Make sure your chosen commercial space has been approved by the Inspection Unit.
- Collect the required approval from the relevant government agencies
- Submit the required paperwork
- Pay the required fees and your Business Licence will be mailed to you the next business day.
Business Setup In Ajman Mainland And
The Necessary Formalities
- ID Proof
- Two current photos of the applicant, each with a white backdrop and passport size
- Address Verification Letter from Current Employer or, if currently a UAE citizen
- A copy of your Emirates ID
- Visa copy, if you are already in the UAE
Each company’s proprietor must submit their own. This will allow for individual investor visas to be given to each company partner.
Therefore, there is no optimal place for a business to set up business, but there may be an optimal match, depending on the nature of the firm itself.
Why Choose Ajman for Your Business?
Ajman is the smallest emirate in the United Arab Emirates, yet has one of the most-populated cities in the country. The city of Ajman, which is where more than 90% of Ajman’s residents live, is surrounded by Sharjah. Sharjah itself is located close to Dubai and hence the Dubai-Sharjah-Ajman area collectively forms a tri-city zone. For all your needs pertaining to business setup in Ajman, please get in touch with us.
Ajman is located just 35 minutes from Dubai and has its own port, which handles 1,000 vessels every year. The emirate has a most impressive GDP of more than $4.23 billion annually, and investments in the emirate are growing at around 5% each year. Some industry sectors, like transport, storage and communications, are growing at 5.1% every year. It is served by both the Dubai International Airport as well as the Sharjah International Airport, which is only a few kilometres from Ajman.
Ajman is in the process of constructing its own international airport, which when completed, will be able to handle 400,000 tonnes of cargo and one million passengers each year. This presents an opportunity for anyone looking to setup their company in Ajman. With the right Dubai business setup consultant by your side, company setup in Ajman is an easy affair. Real estate in Ajman has seen massive interest ever since the emirate announced 100% freehold to foreign investors.
Establish Your Company in Ajman
The first step in the process of setting up your business in Ajman involves identifying what exactly your business will be into. It could be a single business activity, or it could be multiple business activities undertaken by the same company. Sometimes, similar activities can be undertaken with a single business license, so it is important to establish the nature of your business.
Once you have completed this step, the next one would be to determine whether it would be more beneficial for you to set up your company on the mainland or in a free zone. Some business activities, such as those that deal with consumers directly – that is to say your customers are real people – might be more suited for the mainland, where it will be easy for them to access your location.
Some other types of businesses, such as those that deal with other companies (in other words, you operate in the B2B space) might find it more advantageous to be located in a free zone. Ajman has two free zones, namely the Ajman Free Zone and the Ajman Media City Free Zone.
Ajman Free Zone
Launched in 1988, the Ajman Free Zone is strategically located in the emirate of Ajman, surrounded by two international airports and four seaports. There are several advantages to establishing one’s company in the Ajman Free Zone.
- 100% foreign ownership allowed
- No corporate and/or personal income taxes.
- 100% repatriation of your capital and profits
- Business License issued in 24 hours
- Multiple business activities permitted under one Business License
- Exemption from export and import duties
- Affordable office / commercial space
Ajman Media City Free Zone
The Ajman Media City Free Zone is a new free zone that is just 30 minutes away from the Dubai International Airport. From Business Bay, the business district of Dubai, it is just a 45-minute drive. The Ajman Media City Free Zone also has an office in Business Bay, Dubai. It offers a range of options for entrepreneurs who wish to be in Digital Media, Video Production, Photography, Web Design, Sound Recording, Audio Production, Copyright Management, Audio-Visual Production, Post-production, Sound Mixing, Movie Promotions, Business Consultancy, Human Resources, Legal Consulting, Publishing, Event Management, Sports Management and more.
Trade License for Business Setup in Ajman
Every company needs a Trade License to do business in the United Arab Emirates. The different types of Business Licenses issued in Ajman are as follows:
Industrial License
To get an Industrial License in Ajman, the company must be registered anywhere in the GCC. Apart from the United Arab Emirates, GCC member countries are Oman, Bahrain, Saudi Arabia, Kuwait, and Qatar. In case the company registered in Ajman is owned by another company, 51% of the shareholding must be by a GCC company.
Trading License
This type of Business License allows the company to export, import, or re-export goods and services after adding value to them in some way in the United Arab Emirates.
Professional or Service License
A Professional License is meant for Professionals who provide services, either to consumers directly or to other businesses. Examples include an auditor offering financial auditing services, a chartered accountant offering accounting services, an engineer offering technical consulting services, and so on. It is possible for a group of professionals, say two lawyers, to open a law firm together and offer legal services.
E-Commerce License
In the United Arab Emirates, it is estimated that 42% of the resident population engages in online transactions. E-Commerce is a fast growing sector in the UAE, a record number of E-Commerce License applications have been witnessed in Ajman, presumably owing to its close proximity to Dubai and Sharjah.
General Maintenance License
This type of Business License is for providing general maintenance services, such as painting, plumbing, and electrical services. General maintenance services are in demand in the United Arab Emirates, as the integrity and safety of buildings is checked by the authorities regularly.
The major sectors contributing to the economy of Ajman are Construction, Automotive, Agriculture, Education, Food & Beverage, and Health & Beauty.
Advantages of Company Setup in Ajman
The Ajman Free Zone is one of the most cost-effective locations in the UAE to start a business. Apart from that, there are a host of advantages even if you choose to establish your company on the mainland, such as single-window clearance for all Government services, including licensing and immigration/visas. You can get land on a 20-year lease, which can be extended for another 20 years. This effectively grants you 40 years of tax-exempt operations for your company. All companies are also exempt from export and import duties in Ajman.
Process of Company Registration in Ajman
The first step is to identify the right company structure for your business. There are different types of company structures, such as
- Sole Establishment (this is the same as a Sole Proprietorship)
- Limited Liability Company
- Private Joint Stock Company
- Public Joint Stock Company
- Professional Company / Civil Company
- Branch Office of Foreign Company
- Representative Office of Foreign Company
How to SetUp a Company in Ajman Mainland
- Submit a duly filled in application form at a Customer Service Centre of Ajman Municipality
- Check with the Inspection Unit for verification of the selected business location
- Obtain the necessary approvals from the various Government departments / agencies concerned
- Submit the approvals for company registration
- Make the necessary payment and receive your Business License on the next day
Documents Required for Company Formation in Ajman
- Copy of Passport
- Two recent passport-sized photographs, showing the person against a white background
- Proof of Residential Address in one’s Country of Residence
- Copy of Emirates ID, if already a resident of the UAE
- Copy of Visa, if already in the United Arab Emirates
These need to be submitted for every business owner in the company. This is to facilitate an investor visa being issued to each business partner separately.
Locating your business in a free zone is not without its advantages. You do not have to pay 5% value Added Tax when doing business with companies in the same free zone or other free zones. You are also free from the 9% Corporate Tax that is applicable to businesses on the mainland with profits of more than AED 375,000 in a year. However, you are more accessible to the your clients on the mainland, and business setup in Ajman mainland sense to some companies, especially those that operate in the B2C space.
So there is no best location for your business, but there can be a best-fit according to the needs of your business.
Why Choose an Experienced Consultant for Business Setup in Ajman?
A good business setup specialist can advise you correctly, even weighing in on what kind of company structure would be best for your business. For instance, you could set up your company as a Sole Establishment (this is the same as a Proprietorship Firm), as a Limited Liability Partnership, a Limited Liability Company, or a Private Limited Company depending on your business activity – some company structures are more suited for certain business activities than others. A free zone can have only a limited liability company structure.
Professionals like a doctor opening his/her consulting clinic, a lawyer setting up his/her law firm (or a Branch Office of his/her law practice), or an engineer establishing an engineering consultancy firm require a Professional License. There is no Local Sponsor needed, but a Local Service Agent is mandatory. An experienced company formation in Dubai expert proficient in matters of business setup in Ajman mainland can put you in touch with the right Local Service Agent.
At Brightlink Management Consultancy LLC, this is what we really do – put you in touch with the right people. We take care of all the paperwork associated with business setup in Ajman, so that you can be assured of your Business License. In Ajman, a business license can be obtained within 24 hours, and we see to it that all the documentation is in order. You can rest easy knowing that your application for a Business License is in safe hands. This enables you to focus on doing what you do best – running your business.
Frequently Asked Questions
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