Ajman free zone company setup cost

Established in 1988, Ajman Free Zone is a designated free zone in the UAE that offers a range of business advantages to entrepreneurs and investors. It has grown into a thriving business hub, with over 8,000 companies from over 140 countries operating within its premises.

Ajman Free Zone

Ajman Free Zone is an attractive destination for business formation in the UAE for several reasons. Firstly, foreign investors can own 100% of their businesses without the need for a local sponsor. Additionally, the company formation process in Ajman Free Zone is quick and hassle-free, with minimal paperwork and processing time. Furthermore, Ajman Free Zone is located near the Dubai International Airport and major seaports, making it an ideal location for import-export businesses.

Companies operating in Ajman Free Zone are also exempt from corporate and personal income taxes, import and export duties, and value-added tax (VAT). The free zone offers state-of-the-art infrastructure and facilities, including warehouses, offices, and showrooms, at competitive rates. Moreover, Ajman Free Zone provides access to a pool of skilled and talented professionals from various industries.

Step-by-step guide

If you're interested in setting up a company in Ajman Free Zone, here is a step-by-step guide to help you through the process, including the question about Ajman free zone company setup cost.

Firstly, decide on your business activity, as Ajman Free Zone allows a wide range of business activities, from trading and manufacturing to services and consultancy.

Secondly, choose your company structure, which could be a Free Zone Establishment (FZE), Free Zone Company (FZC), or Branch of a Foreign Company. Each structure has its own advantages and requirements, so it's essential to choose the one that best suits your business needs.

Thirdly, choose a unique trade name for your company and apply for it with the Ajman Free Zone Authority.

Fourthly, apply for a business license with the Ajman Free Zone Authority, specifying the business activity you are allowed to conduct and the type of company structure you have chosen.

Fifthly, apply for visas and permits for your employees and dependents through the Ajman Free Zone Authority. The number of visas and permits depends on your company structure and the size of your office space.

Lastly, rent office space in Ajman Free Zone to establish your business. The free zone offers a range of options, from virtual offices to warehouses and showrooms, to meet the needs of different businesses. You also need to open a bank account for your company in the UAE to conduct financial transactions. Ajman Free Zone has partnerships with several local and international banks to facilitate the process.

Summary

In conclusion, Ajman Free Zone is an ideal place to start and grow your business in the UAE. With its pro-business policies, strategic location, and world-class infrastructure, it's no surprise that it has become a popular business destination in the region. The company formation process in Ajman Free Zone is quick and straightforward, with minimal paperwork and processing time. If you're looking to set up a company in the UAE, consider Ajman Free Zone as your business destination.