Establishing companies in Ajman, one of the emirates of the United Arab Emirates, is witnessing rapid economic growth and enhancing its attractiveness as a distinguished investment center in the region. Establishing companies in Ajman is an important strategic step for investors and businessmen seeking to benefit from the advanced infrastructure and appropriate legislative environment that the emirate provides. Ajman is an ideal gateway to start a business due to the availability of many opportunities and competitive advantages such as low taxes and easy bureaucratic procedures.

Thanks to its strategic location on the northeastern coast of the UAE and its proximity to the capital, Abu Dhabi, and the city of Dubai, Ajman also provides a wide market for investors that extends to regional and global markets. The advanced infrastructure and strong government support are the main attractions that make Ajman an ideal location for establishing companies, whether small and medium-sized or large global companies.

Establishing companies in Ajman

Types of companies that can be established in the UAE

The United Arab Emirates is witnessing sustainable economic growth and is considered among the most prominent economic centers in the world. The UAE provides a favorable and encouraging investment environment for international investors, as it offers a wide range of types of companies that can be established, facilitating the selection process to meet different business requirements. Types of companies that can be established in the UAE:

• Limited Liability Company (LLC): It is considered the most common option for establishing local companies in the UAE, as capital and liability are limited and requires an Emirati partner who owns 51% of the company’s share.
• Sole proprietorship: enables the individual investor to establish and manage the company without the need for an Emirati partner, and enjoys flexibility in management and decision-making.
• Companies operating in free zones: Free zones in the UAE provide an encouraging environment for international companies, as foreigners can obtain full ownership of the company without the need for an Emirati national partner.
• Subsidiary companies: They are branches of companies registered outside the Emirates, and are subject to local laws and legislation based on their activity and location in the emirate.
• Public companies: They are used for large investment purposes and enjoy flexibility in their organizational structure and management methods.

By choosing the appropriate legal structure, investors can make the most of the opportunities and advantages that the UAE has to offer, both locally and internationally, contributing to the growth and prosperity of businesses in this dynamic business environment.

Procedures necessary to establish a company in the Emirates

The United Arab Emirates is one of the leading business and investment destinations in the Middle East, offering an encouraging and flexible investment environment for investors. Establishing a company in the Emirates requires adherence to specific legal procedures and certain steps that vary slightly between the Emirates, but the general basis of the procedures includes the following: Procedures necessary to establish a company in the Emirates:

• Determine the type of company: The investor must determine the appropriate company type for his business, such as a limited liability company (LLC), a sole proprietorship, or a branch of a parent company.
• Choosing a company name: A unique name must be chosen that is not similar to the names of other companies registered in the Emirates, and it must comply with local legal regulations.
• Preparing legal documents: Establishing a company requires preparing legal documents such as the articles of association, articles of association, and agreements between partners (if any).
• Submitting a registration application: An official application to register the company must be submitted to the relevant authorities in the emirate, attaching the legal documents and paying the required fees.
• Obtaining Licenses and Permits: Some businesses may require special permits and licenses from local or federal authorities, such as municipal licenses or business licenses.
• Opening a bank account: It is required to open a local bank account for the company to manage financial operations and business transactions.
• Registration with government bodies: The registered company must register with the relevant government bodies, such as the tax authority and other guarantors as needed.

By consulting the Itqan office or a local legal advisor, investors can obtain the necessary assistance to successfully complete all the required steps and procedures, making it easier for them to start operating their businesses in the UAE with all effectiveness and legal compliance.

Legal requirements for establishing a company in the UAE

Legal requirements for establishing a company in the UAE

The United Arab Emirates is one of the most prominent economic centers in the world, providing a favorable and encouraging investment environment for investors seeking to establish companies. However, establishing a company in the UAE requires compliance with a number of local laws and legal regulations, and understanding all legal and procedural requirements is essential to ensure that the incorporation process runs smoothly and legally. Basic legal requirements for establishing a company in the UAE :

• Company type: The investor must determine the appropriate company type for his business, whether it is a limited liability company (LLC), a sole proprietorship, or a branch of a parent company.
• Emirati citizen partner: In the event of establishing an LLC, the foreign investor must obtain an Emirati citizen partner who owns at least 51% of the company’s share.
• Legal documents: Legal documents such as articles of incorporation, articles of association, and partnership agreements (if any) must be prepared, which must comply with local regulations.
• Commercial activity permit: Establishment requires obtaining a permit to practice commercial activity from the relevant local authorities, and it varies according to the type of company and the chosen activity.
• Official registration: An official application to register the company must be submitted to the competent authorities, which may be local or federal depending on the type of company and its location of activity.
• Tax compliance: New businesses must register with the tax authority to pay appropriate local taxes, such as value-added tax and income tax as needed.
• Additional licenses: Some businesses may require additional licenses from local authorities, such as building permits, business licenses, etc., depending on the activity.

By consulting a local legal advisor or Itqan office, investors can obtain the necessary assistance to properly follow and complete all legal procedures, ensuring the start of business without legal obstacles and full compliance with the laws in the UAE.

Services provided by the Itqan Office to assist in establishing companies in the Emirates

Itqan Office to help establish a company in the Emirates provides a comprehensive range of services to individuals and companies wishing to start their work in the Emirates. The office provides extensive expertise in the areas of establishing and organizing companies, including the following services:

• Legal and regulatory advice: The office provides specialized legal advice related to the establishment, organization and registration of companies in accordance with local laws and regulations in the Emirates.
• Company Establishment: The office provides company establishment services of various types, such as limited liability companies, sole proprietorships, partnerships, free companies, and others, with a focus on choosing the optimal investment structure and planned activities.
• Preparing legal documents: The office helps in preparing and arranging the legal documents necessary for the company’s establishment process, such as legal contracts, agreements, and internal systems.
• Licenses and permits: The office provides support in obtaining the necessary licenses and permits to start a commercial activity, and dealing with the relevant government agencies.
• Financial and tax consulting: The office provides financial and tax consulting to ensure compliance with local financial and tax requirements.

In short, Itqan Office aims to provide comprehensive and integrated support to clients seeking to establish their companies in the Emirates, facilitating the process of starting and growing in the local business environment.

Our company’s role in establishing companies in Ajman

When looking at establishing companies in Ajman in cooperation with Itqan Company, it appears that Ajman provides a suitable investment environment that attracts investors from various sectors and regions. Thanks to the support of the local government and the facilities it provides to businesses, investors can benefit from the advanced infrastructure and excellent logistics services in Ajman. Facilitated bureaucratic procedures and effective support from Itqan Company form an essential part of this environment that helps accelerate the establishment and operation processes of new companies.

Investing in Ajman also means benefiting from a wide and diverse customer base, as the emirate offers opportunities for economic growth and business expansion thanks to its strategic location and easy access to regional and global markets. In addition, Itqan Company supports investors and businessmen with strategic information and effective consultations that help them make the right decisions and achieve success in the growing business environment there.

Thus, it is clear that establishing companies in Ajman represents a unique opportunity for investors seeking to grow and prosper in a dynamic and developed market, while benefiting from the support and facilities provided by Itqan Company and the local authorities, which enhances the chances of success and expansion in both the regional and global market.

Frequently asked questions about establishing companies in Ajman