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Establishing a company in Ajman Free Zone

٢٨ مايو Establishing a company in Ajman Free Zone

Establishing a company in the Ajman Free Zone represents an important strategic step for investors and businessmen looking to benefit from the advantages of investing in the UAE. Ajman Free Zone is one of the most prominent free zones in the country, providing an ideal environment for business thanks to the incentives and facilities it offers. Ajman Free Zone is located in a central and easily accessible location, making it an attractive option for companies seeking to take advantage of its strategic geographical location.

Ajman Free Zone has a number of advantages that make it an ideal haven for investors. By offering tax exemptions, the flexibility of 100% ownership by foreigners, and the ability to transfer full profits abroad, the free zone creates an encouraging and active business environment. In addition, the region provides advanced infrastructure that includes modern facilities and logistical services that contribute to facilitating companies’ operations and development.

To be able to successfully establish a company in the Ajman Free Zone, it is necessary to cooperate with specialized partners who possess the necessary experience and knowledge, such as Itqan Company. Itqan provides comprehensive support to investors by guiding them through all stages of establishing the company, from providing initial consultations until completing registration procedures and obtaining the necessary licenses. The partnership with Itqan ensures integrated support and facilitation of all legal and administrative procedures, allowing investors to focus on developing their business and achieving their business goals efficiently. Thanks to Itqan services, establishing a company in Ajman Free Zone becomes a smoother and faster process, which contributes to enhancing business success and growth in the UAE market.

Establishing

Establishing a company in Ajman Free Zone

Basic steps to establish a company in Ajman Free Zone

Ajman Free Zone is an ideal destination for investors looking to establish their companies in a thriving business environment that supports growth. Located in a strategic and easily accessible location, the free zone offers multiple benefits including full tax exemptions, 100% foreign ownership, and simplified registration procedures. Establishing a company in this region requires following a set of basic steps to ensure that the company complies with all legal and administrative requirements. By following these steps, investors can make the most of the opportunities provided by the Ajman Free Zone and successfully establish their companies. Basic steps for establishing a company in Ajman Free Zone :

  • Choose the type of business: Select the business you want to engage in. This includes determining the type of business, whether commercial, service, or industrial. This affects the type of license you will need.
  • Choosing a trade name: Choose a trade name that suits the nature of your business and clearly reflects it. Make sure the name is not used by other companies in the free zone.
  • Submit a company registration application: Submit a company registration application to the Ajman Free Zone Administration. The application includes submitting basic documents such as the founders’ passports, the lease contract for the company’s headquarters, and any additional documents required.
  • Obtaining the necessary approvals: Some activities may require special approvals from other regulatory bodies. Check the requirements for your business and ensure the necessary approvals are obtained.
  • Signing the lease: Sign a lease for the company’s headquarters. The headquarters must be physical and approved, as the presence of a physical headquarters is a prerequisite for registering the company.
  • Issuing a commercial license: After completing all steps and submitting the required documents, the free zone administration will issue the commercial license for your company. This stage includes paying fees related to registration and licensing.
  • Company registration in the Chamber of Commerce: Register your company in the Ajman Chamber of Commerce to obtain membership. This step gives you full legal status and allows you to benefit from the chamber’s services.
  • Opening a bank account: After obtaining the business license, open a bank account in the name of the company. Opening an account requires submitting the commercial registry and any other documents that banks may request.

By following these basic steps, investors can successfully establish a company in the Ajman Free Zone, allowing them to venture into a dynamic business market and take advantage of the advantages the region has to offer.

Documents

Documents required to register a company in Ajman Free Zone

Documents required to register a company in Ajman Free Zone

Ajman Free Zone is one of the preferred investment destinations in the United Arab Emirates, as it provides an ideal business environment for investors thanks to its many advantages such as tax exemptions, full ownership by foreigners, and simplified procedures for establishing companies. To establish a company in this free zone, it is necessary to prepare and submit a set of basic documents to ensure that the registration process is completed smoothly. Ajman Free Zone provides great support to investors, but submitting the correct documents at the right time ensures that the process is expedited and any delays or problems that may arise are avoided. Documents required to register a company in Ajman Free Zone :

  • Passports for founders: Registration requires the submission of valid, colored copies of the passports of all founders and key partners in the company. This document is necessary to verify the identity of the individuals involved in establishing the company.
  • Personal photos: Providing recent personal photos of the founders. A specific number of photos is often requested based on the number of founders and key members in the company.
  • Lease contract for the company’s headquarters: A copy of the lease contract for the company’s headquarters must be submitted, which proves the availability of a physical location for conducting the business. The contract must be documented and approved by the relevant authorities.
  • Approval from government agencies: Some commercial activities may require prior approval from regulatory or other governmental agencies. Make sure to obtain any necessary approvals according to the type of business.
  • Business Plan: You may be required to submit a detailed business plan outlining the business activity, company goals, and strategies. This document helps evaluate the feasibility of the project.
  • Authorizations and signatures: Registration requires the submission of authorizations and signatures from the founders or authorized representatives, especially if there are agents handling the proceedings on their behalf.
  • A copy of the previous commercial license (if the company is a branch or extension): If the new company is a branch of an existing company, a copy of the previous commercial license or documents proving the validity of the parent company must be submitted.
  • Certificate of incorporation: In the case of establishing a joint stock company or limited liability company, it may be necessary to submit a certificate of incorporation that explains the details of the company, such as its name, type, and objectives.

Submitting these documents accurately and completely ensures that the registration process is accelerated and allows investors to start their business in the Ajman Free Zone efficiently. By cooperating with a specialized company such as Itqan, investors can obtain the necessary support to prepare and submit all required documents correctly, which contributes to facilitating and simplifying the process of establishing the company.

Our company’s role in establishing a company in the free zone

Establishing a company in the Ajman Free Zone provides tremendous opportunities for investors seeking to launch into a vibrant and developing market. Thanks to the facilities and tax exemptions granted in this free zone, companies can benefit from a business environment that encourages innovation and growth. The advantages provided by the Ajman Free Zone include complete flexibility in ownership for foreigners, exemption from taxes on income and profits, and the ability to freely transfer funds abroad. These benefits make it an ideal choice for investors seeking to get the most out of their investments.

Cooperation with Itqan Company enhances the ability of investors to establish their companies in the Ajman Free Zone smoothly and effectively. Itqan provides specialized support by providing accurate legal and administrative advice, which contributes to simplifying the registration and licensing process and overcoming any challenges that may arise. Itqan’s extensive experience in the field of establishing companies and providing customized solutions to investors ensures the facilitation of procedures and the avoidance of errors that may lead to unnecessary delays or complications.

Thanks to Itqan’s support, investors can focus on developing their strategies and executing their trading plans without being concerned with complex administrative aspects. Itqan ensures the provision of all resources and services necessary to establish companies, which contributes to achieving business goals quickly and efficiently. In conclusion, establishing a company in the Ajman Free Zone in cooperation with Itqan opens wide doors to business opportunities and helps achieve success and sustainable growth in one of the most attractive investment environments in the Emirates.

Frequently asked questions about establishing a company in the free zone

What is Ajman Free Zone?

Ajman Free Zone is a private commercial zone that provides investment benefits to companies such as tax exemptions, flexibility in ownership, and simplified registration procedures. It is located in the Emirate of Ajman and provides a supportive environment for business.

What are the different types of companies that can be established in the Ajman Free Zone?

Limited liability companies, sole proprietorships, private joint stock companies, and representative offices can be established. Incorporation requirements vary based on the type of company and business activity.

What are the basic steps to establish a company in Ajman Free Zone?

The steps include choosing the type of business activity, choosing the trade name, submitting a registration application, obtaining the necessary approvals, signing the lease contract for the company’s headquarters, and issuing the commercial register.

What are the documents required to register a company in Ajman Free Zone?

Registration requires submitting the founders’ passports, personal photos, a lease contract for the headquarters, a business plan, and approval from government agencies if necessary.

How long does the company registration process take in Ajman Free Zone?

The company registration process usually takes two to four weeks, depending on the type of company and the availability of required documents.