How to Initiate Business Setup in Ajman
Establishing a company on the Mainland encompasses several steps and a considerable amount of paperwork. However, we are here to guide you through the entire course, ensuring no obstacles impede your progress. Below, you will find the necessary steps to successfully form your company on the Mainland.
Submit the Application
To form your company, start by submitting the company application through the customer service center in the municipality. This crucial step sets the foundation for establishing your business.
Acquire Necessary Approvals from Specialized Departments
You will need to liaise with the Inspection Unit at the Ajman Municipality to confirm the suitability of your business premises. Depending on the nature of your business, you may also need to seek approvals from other relevant departments.
Acquire Approval of Your Trade Name
You'll need to secure approval for your trade name. Once that's granted, proceed to obtain your business registration and membership certificate.
Submit the necessary approvals
Once all necessary approvals have been obtained, you will be required to submit the required information and receipts from the Ministry of Trade in order to be granted acceptance into the Register of Companies.
Receive Business License
To obtain your business license, you must ensure that all necessary fees are paid and the application is submitted to the Customer Services Center. Once these requirements are fulfilled, you can expect to receive your business license the very next day.
Documents Required for Business Setup in Ajman
- Passport copy of the shareholders
- Proof of residence
- Memorandum of Association & Articles of Association
- Business plan
- Bank reference letter
Benefits of Business Setup in Ajman
- Enjoy the advantage of zero corporate and personal taxes.
- Benefit from a wide range of business activity options available for licensing.
- Leverage the strategic location, providing easy access to major international markets.
- Experience a simplified and streamlined business setup process.
- Capitalize on the flexibility in terms of office space and workforce.
- Utilize the robust legal structure, providing security for businesses of all sizes.
- Benefit from a low cost of living and operations compared to other Emirates.
Ajman Business Setup FAQs
What types of businesses can be set up in Ajman mainland?
Ajman mainland caters to a wide array of business activities. You can establish businesses ranging from trading, manufacturing, to service-based enterprises.
How long does the company registration process take in Ajman mainland?
Typically, the process of company registration takes about 2-3 weeks. However, this timeline can vary depending on the nature of your business and the speed of obtaining necessary approvals.
Do I need to be physically present in Ajman to set up a business?
No, the entire business setup process can be completed remotely with the help of a legal representative or business setup consultancy.
Can I get a residency visa after setting up my business in Ajman mainland?
Yes, it is possible to obtain a residency visa after setting up your business in Ajman mainland. However, the specific requirements and procedures may vary, so it's advisable to consult with relevant authorities or experts for detailed information.