Ajman is the smallest area within the UAE, it requires detailed planning for the establishment of businesses. From naming to funding the corporation one has to be extremely meticulous and precise. Therefore Ajman provides plenty of professional services to take this procedure in order. Setting up a company in Ajman can be quite beneficial as it allows full ownership of the foreign companies with the repatriation of capital and profits in Ajman free port. The free port presents itself with the opportunities of an exclusive economic area with cheap rates as compared to other free zones within the UAE. One of the reasons it is such is because the authority levies no registration fee for the companies to set up. The business registration process in Ajman is very simple and hassle-free. There are single-window clearances for multiple government services like postal services, licensing, immigration, visa, etc. In Ajman, foreign investors can get a lease for 40 years with legitimate tax exemptions alongside 100 % legal exemption from import and export duties.
Applying investors must be qualified and eligible to work within the UAE region as per the trade and license laws. The mainland company formation has to be within the commercial or industrial location that’s approved by the Ajman municipality.Required Documents:
- Copy of valid shareholders’ passports
- Leasing contracts
- A drawing of the business location
- Proof that your brand name is reserved
- Properly filled personal information sheets belonging to shareholders and top company managers.