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The cost of establishing a company in Ajman Free Zone

٢٠ فبراير The cost of establishing a company in Ajman Free Zone

The Ajman region is a free zone and is considered a good opportunity for local and foreign investors and businessmen to establish a company there, as it provides them with excellent infrastructure and high-quality facilities, which give them the opportunity to compete and achieve success. It has had a major role in bringing about development in the business sector in the UAE through expansions. Industrial activities in the region. Establishing companies in free zones requires some laws and regulations that govern them. Before starting to establish a company in a free zone, you must first determine the type of activity in order to obtain a license to start the business. By determining the type of activity, the parties associated with this type of activity and the laws that are compatible with this activity are known as well. The cost of establishing a company in free zones varies according to the type of activity carried out there, the area of ​​the site on which the project is located, and also the capital requirements of investors according to the activity and the region for establishing the company. Also, before starting to establish a company in the free zone, initial approvals must be obtained to register the activity and obtain a license.

There are several benefits to establishing a company in the Ajman Free Zone, which are:

  • The investor gets 100% profit
  • Exempt from taxes and import duties
  • The project’s infrastructure is advanced and its costs are low
  • Gets a reduction in labor cost and tariffs
  • It has access to land, air and sea routes
  • It also gets lower cost business operations

Costs of establishing a company in the UAE:

Establishing a company in the Emirates requires several requirements before starting to implement the business plan. These requirements are:

First : Obtaining the necessary documents and approvals to establish the company, according to the location and area where it is to be established

Second : Determine the location of the company and the number of work team required.

Third : The cost of establishing the company depends on the required area, the feasibility studies conducted for the project, the location, and the purpose of establishing the company.

Also, when establishing a company in the Emirates, it must be taken into account that the work team is well-versed in legal transactions and that they have experience in marketing, which will determine the extent of the company’s success or failure.

Costs of establishing a company in Dubai:

The cost of establishing a company in Dubai first requires knowing the location on which the project is to be implemented and determining its area well and how much the project area costs because it is a fundamental reason for its success. Feasibility studies must be done and the budget for the project must be determined well as it must be taken into account when determining the salaries of employees working in the company. It must also be Choosing a suitable place where all services are available and taking it into account when determining the cost of establishing the company

Establishing a company in Dubai requires:

The type of activity required must be chosen and the required license will be determined on its basis

The investor chooses the legal form of the company, which will determine the type of business activity

To obtain external approvals from government agencies

To choose the trade name for the project

The investor also makes a lease contract after obtaining the appropriate office

Therefore, the step of establishing a company in Dubai is considered by investors to be the best choice and no less important than any other process.

Cost of establishing a company in the free zone:

Establishing a company in the free zone is a goal and a great opportunity that many Arab and foreign countries and many investors around the world seek, as these areas are distinguished by having all the services and facilities necessary to establish a company. They also have buildings and roads paved to implement the project of establishing a company in the free zone. As for the cost of establishing a company in the free zones, it is not high, but it is very profitable due to the facilities in the procedures and places available in these areas.

Establishing a company in the free zone is considered one of the factors that helped in the rapid economic growth in the UAE. Also, the flexibility of the laws that regulate the establishment and management of businesses in the free zones was a reason for the development of the UAE’s economy, as the free zone is a separate entity and is not governed by the UAE labor law and there is no It has customs duties, which facilitates procedures for investors to establish projects there.

Cost of investing in Dubai:

Investing in Dubai is one of the most positive choices for investors due to Dubai’s good locations and services for establishing projects, as a large number of investors compete to invest in Dubai, and it also has facilities for obtaining the necessary papers for establishing projects, as well as for the growth of the trade and investment sector in Dubai. At a large rate, it does not impose taxes on the investor’s income. Dubai is also distinguished by its growth in the tourism sector, through tourists coming from various countries. This brings abundant profits to investors and is characterized by a high standard of living, which makes there wonderful opportunities for store owners and commercial companies and those who wish to invest in Dubai.

There are some privileges that an investor gains in Dubai:

  • Any company can be established, whether industrial, commercial or service
  • He obtains a residence visa in Dubai and can also add 5 partners
  • It does not need a local partner and can own 100%
  • His company is completely exempt from taxes, and this is considered one of the very good advantages for investors
  • All of his profits and capital can also be transferred because Dubai law allows this
  • The investor can open an account in any local or international bank
  • He can buy and own real estate
  • Facilitating his procedures for traveling to the United States or Europe
  • As for the cost of investment in Dubai, it is determined according to the project’s location, area, and purpose.

The cost of establishing a company in the free zone:

Establishing a company requires several steps taken by the investor, such as determining the type of activity to be carried out in the company, studying the market well and its needs to provide the best services to the consumer and also the customers who will be dealt with to achieve distinction and success, and then knowing the most important procedures and papers necessary to properly implement the company’s establishment. As for the cost of establishing the company, you need to study the market well and know the best sites that provide services to reach the best prices, according to the project’s location, area, and type of activity carried out on it.

Establishing a company in the free zone:

Free zones are considered one of the best areas for investors to establish companies in, as these areas are characterized by ease of dealing with the procedures for obtaining approvals and permits for establishing a company in the free zone, as well as low costs. These areas are also distinguished for investors by obtaining the possibility of full ownership of the project without the assistance of a local sponsor, and also All solutions in the field of establishing a business.

Before starting to establish a project in the free zone, the following must be taken into account:

The legal form of the company to be established, whether it is (a company, a branch of a company, or an institution)

A suitable headquarters must be chosen for the company in the free zones

You must specify the company name

Carrying out all procedures to conduct the work properly, such as (license and initial approval)

Finally, all investors prefer to establish a company in the free zone, especially the Dubai region, because of its tax advantages.