For many people worldwide, starting a business or a company of their own is a big decision. It takes lots of planning, understanding of the market and the inherent risks to ensure success. Doing this in the UAE can surely be an ambitious decision, as it may seem like a costly affair, especially for ex-pat investors. However, if you plan to establish a business in the UAE, you should be aware of the Ajman Free Zone license.
Ajman is one of the smallest Emirate in the UAE and is known for an
economy based on maritime fishing and trading. However, with the development
activities being witnessed across the UAE, Ajman has the largest Dhow building
yard in the UAE. The port and the Ajman Free Zone provide an excellent
opportunity for companies looking to grow in the region and set up a base in
the UAE.
Being an Ajman Freezone Company
It will have its own set of benefits, and setting up a business here is
easy and affordable. Many business owners have limited knowledge of the
procedures required to set up a business and need the right guidance to set up
the company.
With Shuraa Business Setup, you can rest assured as we provide trusted
and customized consulting to help you when setting up a business in the UAE or
the Ajman Free Zone. So if you are looking for some assistance with the Ajman Free Zonelicense or set up here is all that
you need to know.
Why opt for an Ajman Free Zone license?
The Ajman Free Zone was officially established in 1988 and is one of the
most recent but fast-growing free zones in the UAE. Compared to other free
zones within the UAE, the Ajman Free Zone license is affordable and provides
crucial benefits.
An Ajman Free Zone company has the same legal status inside the UAE as
any other in imports, exports, contracts, Ajman Free Zone visas, e-commerce or
any other facilities. The zone is specifically aimed at investors and
entrepreneurs who are looking for the crucial benefits it provides.
Some of these benefits include:
● 100% foreign ownership
● Meager handling charges
● Allowed to do business in the UAE
● An Ajman company can hold an account in any
bank in the UAE
● It helps boost the chances of getting an
Ajman Free Zone visa or a resident/investor/business visa in the UAE
● Lowest lease prices
● World-class infrastructure
● Lowest tariffs in the region
●
Low
labor cost
An Ajman Free Zone Trade License helps foreign investors open their
company and do business or trade within the UAE or abroad. Since the Ajman Free
Zone license has the same benefits as cost efficiency benefits, it is ideally
targeted for foreign investors or small-scale/early-stage business owners.
What is the process for setting up an Ajman Free Zone
company?
To set up an Ajman Free Zone company, you need to ensure that you have all the required
documentation in place. While the UAE regulations may seem strict, they are
enforced only to protect businesses and customers' needs. With proper
understanding and complete transparency, the entire process is very
straightforward.
When applying for an Ajman Free Zone license,
you need to first understand the type of organization you are. These could be:
● Smart Offices - Suitable investment for
startups and entrepreneurs or small businesses. The cost of a smart office is
lower, and you can start a business immediately while also getting numerous
other benefits.
● Executive Offices - For larger organizations
who need up to 5 or more employment visas and an executive office strategically
located in the Ajman Business Center. The company can get access to excellent
facilities, parking, and security within the business center.
● Warehouses - Those looking to invest in Ajman Free Zone for opening a
warehouse and gaining access to other service facilities.
●
Lands -
For those who are interested in investment and trade zones of lands that are to
be used for industrial and commercial purposes.
Once you know your Ajman Free Zone company's
purpose, you will need to follow the relevant procedures to get the license.
For the Ajman Free Zone licenses, you will be required to provide some
documentation like:
● Names of at least 3 individuals to get the
company name approved
● Valid passport of all the founders (with at
least 6-month Visa)
● Passport size photographs of the applicants
● No objection certificate from the sponsor,
if the applicant is a UAE resident as an employee
●
The
business plan and requirements in case of Industrial or Service license
Note that the above documents are subject to change as per updates to UAE
regulations. For a complete understanding of the process and the documentation,
it is suggested to speak with an expert and get the right guidance.
With Shuraa, you are provided with all the details and know-how to set up
your company and start your business in the UAE or the Ajman Free Zone. With
all the documents, licenses, and necessary checks in place, you do not have to
worry about anything and focus on your business needs.
Shuraa has helped multinational companies and small/medium-size
organizations with government and regulatory needs in the UAE. Be it assistance
with a governmental document or UAE registrations, an expert consultant at hand
can help you safeguard your company from any discrepancies. Any lapses in the
documentation or other requirements can lead to the cancellation of the license
and so is best avoided.
Ready to start your own company? Explore the Ajman
Business Setup Package to get started!
With up to 50% savings on the company setup requirements, the Ajman Free
Zone license is in huge demand, especially in recent times. With Shuraa's
exclusive offerings, you can easily set up an Ajman Free Zone company and
kickstart your business with ease. The entire process can be hassle-free and
affordable, with expert consultation by your side at every stage of the
process.
Want to company set up in the Ajman
Free Zone or any other Emirates in the UAE? Or do you want to get a
recommendation on the choice based on your company's exclusive needs? One
should know that setting up a business involves a lot of paperwork and an
in-depth understanding of the country's free zones. What's more, many are not
aware of the procedures or the costs involved.
Whatever your question or queries, Shuraa's business setup services
ensure you get all the proper recommendations and expert advice whenever you
need it. You can write to info@shuraa.com or call Shuraa experts at +971
44081900 or send a WhatsApp message on +971 50 777 5554 to get started!