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Strategic Business Hub
Ajman, the smallest of the seven emirates in the United Arab Emirates, offers excellent opportunities for business setup. The emirate is well-connected via roads because it shares aborder with Sharjah and Umm Al Quwain. The developed infrastructure and connectivity provide the business entity with adequate benefits.
Mainland Company Registration
The Ajman mainland takes pride in providing immeasurable business opportunities in the United Arab Emirates. All business entities in commercialized geographic regions are directly registered under the UAE government and its officials as mainland companies.
Easy Business Setup
Ajman Mainland is known for the quick and easy process of setting up a business. With the help of Flyingcolour, you can additionally make the process of setting up business in Ajman mainland more 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:
A Joint Liability Company is the first type of legal entity for the Formation of a company in Ajman Mainland. This type of business entity can begin with two or more partners. However, it is crucial to note that each partner must be from the United Arab Emirates. Remember, each partner will be liable for their funds in the company.
Limited Liabilities Companies (LLC) is another legal liability 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 unreliable 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 DHS 150,000*
A 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.
The cost of setting up a business in Ajman Mainland is affordable as compared to other cities of the UAE
Ajman provides you with access to four ports and two international airports.
Industries’ raw materials are easily available in Ajman
Due to the straightforward lease choices, producing units prefer setting up a business in Ajman mainland
Ajman gives low-cost rented business offices and space.
Exemption from export and import duties will help you save large amounts of money.
There is excellent connectivity around 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
Determine the business activities you want to perform in your business.
You must submit an application with the required documents to the Ajman Municipality for initial approval.
You must apply for the registration of the trade name. The trade name should be as per the laid down criteria.
Your business should be entered in the register of the companies. It gives the company legally to operate in the emirate.
The legal form of the business must be prepared with the shareholders and experts in the field.
You must hire or lease commercial and official space for your company.
You must pay the needed fees, and your business License will be mailed the next business day.
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Setting up a business in the UAE can be an overwhelming experience for the uninitiated but we can make this job truly easy for you. Talk to our expert consultants for free & decide the best course of action for yourself, today.