Establishing a company in the Ajman Free Zone . The Ajman Free Zone is considered one of the oldest free zones in the UAE. It was established in 1988 and the Port of Ajman served more than 1,000 ships per year, making the region an important destination for industrial, commercial and financial investment.
This article will discuss the advantages of establishing a company in the Ajman Free Zone, in addition to the cost and necessary documents.
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ToggleAdvantages of establishing a company in Ajman Free Zone
- Ajman Free Zone is located in a strategic location at the entrance to the Arabian Gulf.
- Serving eastern and western trade markets.
- Goods are exported from Ajman to 65 countries.
- Provides support services to customers around the clock.
- It has a strong infrastructure and rapid development.
- It provides a business package for investors with the utmost flexibility.
- It has many business sectors such as: food and beverages, automotive, health and beauty, construction, agriculture, education, oil and gas, jewelry, paper and packaging, media, marine sector, textile, advanced technology, chemical industries, and others.
Steps to establish a company in Ajman Free Zone
- Determine the type of activity
By specifying the type of activity, the parties associated with this activity are identified.
- Choose a trade name
The Departments of Economic Development require certain controls for the name, so it must not violate public taste and must be compatible with the nature of the activity.
- Initial approval
Approval must be obtained from the General Directorate of Residency and Foreigners Affairs, then approval from the rest of the relevant authorities in Dubai.
- Choose a location for the company
It is necessary to choose a fixed headquarters for the company and that it complies with the necessary licenses and conditions.
- Approval of the concerned authorities
Some commercial projects need additional approvals from other competent authorities such as the Ministry of Interior, the Ministry of Civil Defense, the Ministry of Justice, and the Ministry of Economy if the activity is related to an activity such as selling firefighting equipment.
- Obtaining the license
After completing all the previous steps, the investor can receive the license and attach some documents and papers with it, in addition to the economic development steps to pay the costs of the license fees, then register in the UAE Chamber of Commerce as a member.
Documents for establishing a company in Ajman Free Zone
- A copy of the passport (valid).
- Photograph.
- Address, phone number and email.
- Company Name.
- commercial activities.
After registering the company, you can apply for a company bank account with the following documents:
- Chamber of Commerce registration certificate.
- license.
- Company lease contract.
- Note in the case of multiple partnership companies.
The cost of establishing a company in Ajman Free Zone
Establishing a company in the Ajman Free Zone includes many costs related to procedures, documents, and the costs of obtaining a business license, and all costs come based on the stipulated laws and regulations.
- Application is made by personally attending the Ajman Free Zone website or through the Ajman Free Zone website.
- Payment in cash or by credit card.
To know the costs necessary to establish a company in the Ajman Free Zone, you can contact us and our experts will provide you with all the information, and we have experts to clear all the procedures, documents and papers necessary to establish a company in the Ajman Free Zone.