Business Setup Overview
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Overview
Strategic Business Hub
Ajman is the smallest of the seven emirates in the UAE and offers great business opportunities. It shares a border with Sharjah and Umm Al Quwain and is well connected by roads. The infrastructure and connectivity provides the business with lots of benefits.
Mainland Company Registration
Ajman mainland is proud to offer unlimited business opportunities in the UAE. All business entities in commercial areas are directly registered under UAE government and its authorities as mainland companies.
Easy Business Setup
Ajman Mainland is famous for quick and easy business setup. With Flyingcolour®, you can make business setup in Ajman mainland even easier.
The legal entity of your company will determine the structure of your business. These entities include the number of shareholders your company will have and where the shareholder is from. Here are the most common types of legal entities for Formation of a company in Ajman Mainland:
Partnership Company is the first type of legal entity for the Formation of a company in Ajman Mainland. This type of business entity can start with two or more partners. However, it is important to note that each partner must be from the United Arab Emirates. Remember, each partner will be liable for their own funds in the company.
Limited Liability Companies (LLC) is another legal entity for setting up business in Ajman mainland. There must be two or more partners in this type of business. However, there can’t be more than 50 partners. Remember, all partners are not liable for the company’s liability other than their shares in the capital. However, the capital for a limited liability company can’t be less than AED 150,000
Service Agent is the last type of legal entity in the Ajman Mainland. The license can be held by expat shareholders, however the company needs a UAE national as a service agent. The UAE National service agent has no rights or management in the company, the agent can only represent the company in Immigration and Labour departments. The license owner must meet all liabilities about the establishment towards others.
Business setup cost in Ajman Mainland is cheaper than other cities in UAE
Ajman has 4 ports and 2 international airports.
Industries raw materials are available in Ajman
Due to simple lease options, manufacturing units prefer to set up business in Ajman mainland
Ajman has low cost business offices and space.
Exemption from export and import duties will save you a lot of money.
There is good connectivity within the emirate and between other emirates in the country.
Business plan (not in all cases)
Proof of residence
Documents from the bank verifying capital details
Copies of passports of the business owner and the shareholders
Notarized Memorandum of Association
Notarized Article of Association
What business activities do you want to do in your business
Submit application with required documents to Ajman Municipality for initial approval.
Apply for trade name registration. Trade name should be as per the criteria.
Register your business in the register of companies. It gives the company the right to operate in the emirate.
Prepare the legal structure of the business with the shareholders and experts in the field.
Hire or lease commercial and official space for your company.
Pay the fees and your business License will be sent to you the next business day.
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Setting up a business in the UAE can be daunting for first-time entrepreneurs, especially from India — but with Flyingcolour®, it’s a breeze. Talk to our experts for free and find out the best business setup option