What are the steps for establishing a company in the Ajman Free Zone? The Ajman Free Zone is one of the UAE’s leading investment destinations, providing an integrated business environment that supports entrepreneurs and investors from around the world. Thanks to its strategic location, low operating costs, and easy procedures, it has become an ideal choice for those seeking to establish their companies quickly and efficiently. In this article, we will discuss the steps for establishing a company in the Ajman Free Zone, from choosing the appropriate business activity to obtaining a trade license, focusing on the basic requirements and facilities the free zone provides to ensure business success and sustainability.

Steps to Establish a Company in the Ajman Free Zone

Establishing a company in the Ajman Free Zone is an ideal option for investors and entrepreneurs, thanks to the benefits it offers, such as tax exemptions, competitive costs, and ease of procedures. Here are the basic steps to establishing your company in this free zone:

Determine the business activity: Choosing the appropriate activity is the first step, as the Ajman Free Zone offers a variety of commercial, industrial, and service activities for investors to choose from.
Choose the company type: A free zone company can be established with a sole owner or a free zone company (FZC) with multiple partners, in addition to the possibility of establishing a branch of a local or international company.
Submit the registration application: The application is submitted to the Ajman Free Zone Authority, specifying the type of activity and the proposed company name, ensuring that the name complies with applicable laws.
Submit the required documents: The basic documents include: A copy of the passport of the owner or partners, a personal photo, a business plan (for some activities), and a company registration application form.
Choose the office or operational space: The free zone offers multiple options, such as virtual offices, physical offices, or industrial warehouses, depending on the nature of the activity.
Paying Fees and Obtaining Approvals: After submitting the application and documents, the required fees must be paid to obtain the necessary approvals from the relevant authorities.
Receiving the Trade License: Once the procedures are completed and the fees are paid, the trade license is issued, allowing you to officially start your business.
Opening a Bank Account and Applying for a Visa: After obtaining the license, you can open a bank account in the company’s name and apply for residency visas for investors and employees.
Establishing a company in the Ajman Free Zone is characterized by its simple procedures and continuous government support, making it an attractive environment for investment. Therefore, it is advisable to work with specialized consulting firms such as Atqan to ensure the process is completed smoothly and in accordance with legal requirements.

Documents Required to Establish a Company in the Ajman Free Zone

To establish a company in the Ajman Free Zone, you need to submit the following documents:

• A copy of the passport of the founder or partners.
• A personal photo with a white background.
• A registration application form from the Free Zone Authority.
• A business plan (for specific activities).
• Proof of address or contact details.
• A copy of the trade license (if establishing a branch of an existing company).
• After submitting these documents, the procedures for obtaining a commercial license are completed.

Requirements for establishing a company in the Ajman Free Zone

To establish a company in the Ajman Free Zone, the following conditions must be met:

Determine the business activity: An activity must be selected that matches the list of permitted activities in the free zone, such as commercial, industrial, or service activities.
Choose the company type: A free zone establishment can be established with a sole owner, a free zone company with multiple partners, or a branch of a local or foreign company can be opened.
Having a partner or investor: A local partner is not required, as foreigners can own the company.
Submit the required documents: Such as a passport copy, a personal photo, a registration form, and a business plan for some activities.
Rent an office or workspace: An office or operational space must be rented within the free zone, and a virtual office can be chosen for some activities.
Required capital: Capital requirements vary depending on the type of activity, and some activities do not require a minimum capital.
Pay fees and obtain approvals: Registration fees and issuance of a commercial license are paid according to the type of activity and company.
After fulfilling these requirements, the company registration procedures can be completed and a commercial license can be obtained to begin operating.

Advantages of Establishing a Company in the Ajman Free Zone

The Ajman Free Zone is one of the best investment destinations in the UAE, offering competitive advantages to investors and entrepreneurs. Among the most prominent of these advantages are:

100% Foreign Ownership: Foreign investors can fully own their companies without the need for a local partner.
Tax Exemptions: There are no taxes on personal income or corporate profits, in addition to a complete exemption from customs duties on imports and re-exports.
Easy and Quick Establishment Procedures: The Ajman Free Zone is characterized by its rapid completion of establishment procedures and the issuance of trade licenses in record time.
Low Operating Costs: Compared to other free zones in the UAE, Ajman offers competitive establishment and rental costs that suit startups and small businesses.
Strategic Location: The free zone is located near major ports and international airports, facilitating shipping and distribution operations.
Flexible Office Space Options: The free zone offers a variety of options, such as virtual offices, warehouses, and executive offices.
Easy Bank Account Opening: After obtaining a trade license, companies can easily open bank accounts in the UAE. Free repatriation of profits and capital: There are no restrictions on the repatriation of profits and capital outside the country, making it easier for investors to manage their funds freely.
Residence visas for investors and employees: The free zone provides residence visas for investors, their employees, and their families.
Supportive business environment: Ajman Free Zone offers government facilities and ongoing support to investors, facilitating business growth and expansion. These advantages make Ajman Free Zone an ideal choice for establishing businesses, especially for those seeking a flexible and economically viable investment environment.

Ajman Free Zone

Ajman Free Zone is one of the most prominent investment destinations in the UAE, providing an integrated business environment that supports entrepreneurs and investors from around the world. The zone is strategically located near major ports and airports, facilitating trade and shipping operations. It also offers 100% foreign ownership without the need for a local partner, making it an ideal choice for entrepreneurs seeking to establish their companies with complete freedom.

One of the most prominent advantages of the Ajman Free Zone is its tax exemptions, as there are no taxes on profits or personal income, in addition to customs exemptions on imports and exports. Company registration and trade license procedures are quick and easy, saving investors time and effort. The zone also offers a variety of office and operational space options, including virtual offices and industrial warehouses, to suit various types of businesses.

Furthermore, investors can obtain residency visas for themselves and their employees, in addition to the ability to transfer profits and capital without restrictions. The zone supports small and medium-sized businesses with competitive costs, making it an ideal environment for growth and expansion. Thanks to these facilities and benefits, the Ajman Free Zone is a strategic choice for those wishing to establish a company in a flexible and supportive business environment, ensuring the success and sustainability of their projects in the UAE and international markets.

How long does it take to establish a company in the Ajman Free Zone?

Establishing a company in the Ajman Free Zone is characterized by its quick and easy procedures. In general, a commercial license can be issued within 1 to 3 business days after completing all documents and paying the required fees.

However, the actual time may vary depending on the type of business, additional approval requirements, and the speed with which the investor completes procedures such as submitting documents and opening a bank account. In some cases, especially if there are additional requirements, incorporation may take up to a week.

To ensure a speedy process, it is best to work with a specialized entity such as Atqan, which provides comprehensive support for company incorporation and completing transactions smoothly and in accordance with legal requirements.

In conclusion, establishing a company in the Ajman Free Zone is an ideal option for investors seeking a flexible and competitive business environment in the UAE. Thanks to government facilitation, rapid procedures, full foreign ownership, and tax exemptions, entrepreneurs can achieve sustainable growth in a sophisticated global market. Ajman’s strategic location and modern infrastructure also enhance the chances of success and expansion.

Whether you are a budding entrepreneur or an international investor, the Ajman Free Zone offers the right solutions to start your business with ease. To ensure your company is established quickly and efficiently, you can rely on experts in this field, such as Atqan, who provide full support throughout all stages of business establishment, from registration to obtaining licenses and actual operation.

Frequently Asked Questions About Establishing a Company in the Ajman Free Zone

What types of companies can be established in the Ajman Free Zone?
You can establish a Free Zone Establishment (FZE) with a sole owner, a Free Zone Company (FZC) with multiple partners, or a branch of a local or foreign company.

How long does it take to establish a company?
A trade license can be issued within 1 to 3 business days, although it may take up to a week in some cases.

Are there corporate taxes in the Ajman Free Zone?
No, companies in the Ajman Free Zone enjoy full tax exemption on profits and personal income, with customs exemptions on imports and re-exports.

Can a residence visa be obtained through the company?
Yes, the free zone offers the possibility of issuing residence visas to investors and their employees, depending on the type of license and office space.