Establishing a company in the Ajman Free Zone. The Ajman Free Zone is considered one of the most prominent free zones in the United Arab Emirates, as it provides an ideal environment for establishing companies and conducting business. The Ajman Free Zone was established with the aim of attracting foreign investments and strengthening the local economy by offering a wide range of benefits and facilities to companies and investors.

The Ajman Free Zone is distinguished by its strategic location close to Ajman Port and Dubai International Airport, which facilitates the movement of goods and services and provides easy access to regional and international markets. In addition, the region provides advanced infrastructure and modern facilities that meet the needs of various economic sectors.

In this article, we will discuss the requirements for establishing a company in the Ajman Free Zone , including the required documents, legal conditions, fees, and costs. We will also review the advantages offered by the Ajman Free Zone and how to benefit from them, in addition to the detailed procedures that must be followed to successfully establish a company in this vital zone.

Requirements for establishing a company in Ajman Free Zone

When considering establishing a company in the Ajman Free Zone, there are a set of basic requirements that must be met to ensure that the establishment process runs smoothly and successfully. These requirements include several important aspects, from the required documents, to the legal conditions, to fees and costs.

The required documents

To establish a company in Ajman Free Zone , you must submit a set of necessary documents that include:

• Copy of passport: for all founders and directors.
• A recent photo of all founders and directors.
• Establishment application form: filled out and submitted to the competent authorities.
• Business plan: explains the type of business activity and the company’s goals.
• The company’s legal address: which could be within the free zone.
• Proof of residence: If the founders or directors reside in the UAE.
• A copy of the commercial license: if the parent company is located outside the Emirates.

Legal requirements

The legal requirements for establishing a company in the Ajman Free Zone include the following:

• Trade name: A unique trade name must be chosen that is not used by other companies.
• Company type: You must specify the company type, such as a limited liability company or a branch of a foreign company.
• Commercial activity: The type of commercial activity that the company will undertake must be determined and the necessary approvals must be obtained.
• Owners and shareholders: The number of owners and the percentage of contribution for each individual must be determined.
• Compliance with laws and regulations: Compliance with all laws and regulations applicable in the Ajman Free Zone.

Fees and costs

Fees and costs related to establishing a company in the Ajman Free Zone include the following:

• Registration fees: These are fees paid when submitting an application to establish a company.
• License fees: vary depending on the type of business activity and the type of company.
• Service fees: Includes fees for administrative and legal services.
• Office rental fees: Office rental costs vary depending on the location and space required.
• Insurance fees: Some businesses may require specific insurances.

Meeting these requirements ensures a strong start for the company in a flexible and supportive investment environment, which contributes to achieving success and sustainable growth.

Advantages of Ajman Free Zone

The Ajman Free Zone has several advantages that make it an ideal destination for establishing companies and attracting investors from all over the world. The most prominent of these advantages are as follows:

• Tax exemptions

Tax exemptions are one of the most important incentives provided by the Ajman Free Zone. Companies established in this zone are exempt from corporate income tax, allowing them to generate greater profits and stimulate economic growth. In addition, companies are exempt from value-added tax (VAT) on goods and services provided within the free zone, which contributes to reducing operational costs and enhancing competitiveness.

• Strategic location

The Ajman Free Zone enjoys a distinguished strategic location near major ports and international airports, which facilitates import and export operations and provides easy access to global markets. The area is located close to the city of Dubai, giving it an added advantage in access to a developed transportation network and advanced logistics infrastructure. This strategic location enhances the companies’ ability to expand and grow quickly.

• Infrastructure

Ajman Free Zone offers an integrated and modern infrastructure that meets the needs of various economic sectors. Basic facilities and services such as electricity, water and communications are available with the highest quality standards, in addition to fully equipped office, commercial and industrial spaces. The region also provides an integrated work environment that supports innovation and development, with business centers and technical and administrative support services.

With these multiple advantages, Ajman Free Zone is an ideal choice for investors and entrepreneurs seeking to establish their companies in a favorable and flexible business environment.

Procedures for establishing a company in the Ajman Free Zone

Establishing a company in Ajman Free Zone is a process that requires following a set of strictly regulated procedures to ensure compliance with all applicable laws and regulations. The following is an explanation of the basic steps of the incorporation procedures:

• Obtaining licenses

The first step in establishing a company in the Ajman Free Zone is to obtain the necessary licenses. This includes submitting an application for a commercial license from the Ajman Free Zone Authority. The types of licenses available can vary depending on the nature of the business activity, such as a commercial license, industrial license, or professional license. All required documents such as copies of passports, shareholders’ details, and a detailed business plan must be submitted.

• Choose the company type

Ajman Free Zone offers several options for the types of companies that can be established, and the investor must choose the type that best suits his business activity. Available options include:

• Free Zone Limited Liability Company (FZ LLC): This is a company that can be wholly owned by foreigners and has limited liability.
• Free Zone Enterprise (FZE): It is an individual entity owned by only one person.
• Branch of a foreign company: Foreign companies can open a branch in the Ajman Free Zone to practice their commercial activities.

Registration processes

After choosing the type of company and obtaining the necessary licenses, comes the registration procedures step, which includes:

• Submitting a registration application: The registration application form must be filled out and submitted to the Ajman Free Zone Authority with all required documents.
• Payment of fees: Pay all fees related to registration and licenses, which may include establishment fees, licensing fees, and trade name reservation fees.
• Signing agreements: Signing the articles of incorporation and other required agreements, such as the lease contract in the event of renting an office or warehouse within the free zone.
• Receiving the license: After reviewing and approving the applications, the commercial license is issued, allowing the company to begin conducting its commercial activity.

By following these procedures, companies can benefit from the ideal business environment that Ajman Free Zone provides, and move towards successfully achieving their business goals.

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

In conclusion, it can be said that establishing a company in the Ajman Free Zone represents a golden opportunity for businesses seeking to benefit from the unique advantages that this region offers. By offering attractive tax exemptions, a distinct strategic location, and advanced infrastructure, Ajman Free Zone enhances the ability of companies to grow and expand into new markets.

The incorporation process itself, although it requires compliance with some legal requirements and the submission of necessary documents, is characterized by clarity and relative ease compared to other regions. Having integrated procedures for obtaining licenses and company registration also makes it possible for companies to start operations quickly and efficiently.

If you have the desire to invest your time and efforts in an encouraging and supportive business environment, then Ajman Free Zone opens its doors for you and your company to begin the journey of success and growth. We recommend contacting the relevant authorities to obtain accurate and updated information and ensure compliance with all legal procedures and requirements.

In conclusion, Ajman Free Zone is not only a place to establish businesses, but rather a platform for achieving commercial ambitions and prosperity in an integrated environment that supports innovation and sustainable growth.

Frequently asked questions about establishing a company in the free zone