Business Setup in Ajman
Ajman is one of the fastest-growing emirates in the UAE. Ajman offers many opportunities for entrepreneurs and business owners to thrive. Setting up a business in Ajman is an ideal option for investors.
Our Package Include:
- Business License
- Registration Certificate
- Account Manager
Company Formation in Ajman - A Comprehensive Guide
Ajman is one of the seven emirates that make up the United Arab Emirates (UAE). Ajman is emerging as a popular destination for investors for company setup. Ajman offers a supportive business environment for companies looking to expand their operations in the UAE.
Ajman is known for its business-friendly environment, low operating costs, and strategic location between Dubai and Sharjah. Ajman offers a range of free zones and business parks, making it an attractive option for businesses. The Ajman government is committed to promoting the growth of businesses in the emirate. It offers a range of incentives and benefits to investors and entrepreneurs.
Our team of experienced business advisors has helped clients with business setup in Ajman. We are committed to helping you achieve your business goals. Let us learn more about the benefits, business setup procedure, suitable businesses, Ajman trade license costs etc.
Key Steps for Ajman Company Set up
- Select a business activity
- Identify a legal structure.
- Fill out and submit the business application form
- Reserve the trade name
- Obtain approval from government bodies for high-risk activities
- Sign a lease agreement for office space
- Receive Ajman Business license
- Apply for a Residence visa
- Open a corporate bank account
Key Steps for Company Formation in Ajman Freezone
- Determine the type of legal entity.
- Choose a trading name
- Apply for a business trade license.
- Choose an office space
- Get pre-approvals and register your business
Suitable Businesses in Ajman
- Retail and Wholesale
- Construction
- Logistics
- Trading
- Manufacturing
Benefits of Ajman Business Setup
- 100% foreign ownership in specific activities
- Zero personal tax
- Robust infrastructure
- Excellent connectivity through sea, air, and land
- Strategic location
- Low-cost living
- Ability to hire foreign laborers at a low cost
- Availability of office spaces and warehouses at low rentals
Process of Business Setup in Ajman
Please follow the below steps to register the company, obtain trade license to start your business operation in Ajman:
The first step to starting a company in Ajman is to choose the type of business you want to do. You must obtain a commercial license from the Department of Economic Development (DED) for Mainland business or respective Freezone authorities for Free zone business that covers your chosen activity.
Select the company's legal structure which is ideal for your company. Whether a sole proprietorship, partnership, limited liability company (LLC), or branch of a foreign company. Ensure the structure is available for registration.
You must choose a unique name not registered with the authority. The name should also reflect the nature of your business.
You must obtain initial approval from the authority, which involves submitting a copy of your passport and Emirates ID, proposed business activities, and company name.
You will need to lease an office space in Ajman that meets the requirements of the DED for Mainland. This includes a minimum office size of 200 square feet. However for freezones, you can go with the a virtual office or the physical office inside the freezone.
You should prepare the required company documents, such as a Memorandum of Association (MOA) and Articles of Association (AOA).
You must submit the completed application to the authority along with all the required documents and fees towards Ajman business license cost.
You will receive your business license in Ajman once the authorities verify your application. This license comes from the DED or Freezone authority to run your business legally.
We must consider the key factors and seek professional advice to ensure a smooth and successful registration process.
Documents Required for Business Setup in Ajman
- Passport Copy
- Certified Proof of address (not older than 3 months)
- Bank Reference letter (within 3 months)
What our clients say
Thanks to Gryffin Capitalist, starting my business in the UAE was smooth and efficient. They offered advice on company formation and licensing and assisted in opening a bank account.
Starting a business in the UAE seemed complicated, but Gryffin Capitalist made it seamless. The team is very knowledgeable, professional, and responsive.
I had a great experience registering my company in the UAE with Gryffin Capitalist. The Gryffin Capitalist team assisted in selecting the right Emirate to complete all legal steps.
Why Choose Gryffin Capitalist?
At Gryffin Capitalist, we are committed to providing exceptional service and support to our clients. Our team of business consultants has a deep understanding of the Ajman company formation process. We use this knowledge to help our clients easily navigate the process, ensuring a smooth and stress-free experience.
Working with a professional business advisor will help you take all necessary steps correctly and legally. Keeping up with changes in Ajman company laws and regulations is important. This helps ensure compliance with local laws. We will assist you with company registration and bank account opening for seamless operation of your company.
Get in touch with Gryffin Capitalist today and take the first step towards a brighter future for your business.
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Popular Links for UAE Location
Important articles entrepreneurs should read and have clarity before deciding the company structure, business activity and business setup locations.
Frequently Asked Questions (FAQs)
Ajman LLC license costs vary depending on the number of visas, the rental space, and business activity.
Ajman Free Zone permits investors to establish companies and conduct business with 100% foreign ownership and no taxation.
Here are the essential steps for starting a business in Ajman.
• Determine the legal entity type
• Choose a business name
• Make an application for a business license
• Select an office space
• Obtain pre-approvals
• Register your company
• Obtain your license
In Ajman, these are the business structures you can set up:
1) Sole proprietorships
2) Limited liability companies (LLC)
3) Civil companies
4) Branches companies
The choice depends on your business goals and the nature of your activities.
Yes, it is mandatory to have a physical office space for Mainland business. The minimum area requirement is around 550 sqft to operate legally.
The minimum capital requirement varies depending on factors like the type of company and business activity.
The process can take from a few days to weeks, depending on the completeness of documentation and the efficiency of processing by local authorities.
