What are the costs of establishing a company in the Ajman Free Zone? The Ajman Free Zone is one of the preferred destinations for entrepreneurs and investors wishing to establish companies in the UAE at reasonable costs and a stimulating investment environment. This zone offers many advantages such as comprehensive tax exemptions, ease of establishment procedures, and advanced infrastructure that supports various economic sectors. The costs of establishing a company in the Ajman Free Zone vary based on the type of business activity and the space required for offices or warehouses, in addition to the costs of obtaining licenses and registration. Investors can also obtain integrated services such as shared offices and flexible leasing solutions that contribute to reducing operating expenses and enhancing profitability in the early stages of the project.
Costs of establishing a company in the Ajman Free Zone
The costs of establishing a company in the Ajman Free Zone are affected by several main factors, including:
Type of business activity: Costs vary based on the type of activity being established, whether commercial, industrial, or service. Each activity requires different licenses and specific standards, which affects the overall cost.
Required space: The cost of renting office space or warehouses depends on the size and location within the free zone. Small companies can choose shared offices, while large companies need larger spaces and therefore higher costs.
Type of commercial license: There are several types of licenses such as commercial, industrial, or professional licenses, and each type carries a different cost depending on the requirements of the business activity.
Number of visas required: The number of visas a company needs for its employees affects the cost, as the cost increases the more visas required.
Additional services: Some companies may need additional services such as legal or accounting advice, or even insurance services, and these factors lead to increased costs.
Government fees: Government fees include the cost of registration, licenses, and fees related to annual renewals.
Ajman Free Zone
Ajman Free Zone is one of the leading investment destinations in the UAE, offering promising opportunities for entrepreneurs and companies of various sizes and sectors. The zone provides an integrated investment environment that combines government facilities with logistical and technical support, which contributes to facilitating the process of establishing and managing companies. Thanks to its strategic location near Ajman Port, Ajman Free Zone is a focal point for trade and logistics, which enhances access to local and regional markets.
The advantages offered by the free zone include comprehensive tax exemptions, including exemption from corporate and personal income taxes, in addition to the possibility of 100% ownership for foreigners, making it an attractive option for international investors. It also features fast and simple establishment procedures, as many transactions can be completed online without the need for a physical presence in the zone, which saves time and effort for investors.
In addition to administrative facilities, Ajman Free Zone provides a variety of options for office spaces and warehouses, to suit the needs of small, medium and large companies. It also offers flexible leasing options at competitive prices, which contributes to reducing the operating costs of emerging projects. Thanks to these advantages, Ajman Free Zone has become a vital center for economic growth and commercial development in the Emirates.
How to establish a company in the Ajman Free Zone
Establishing a company in the Ajman Free Zone requires following certain steps to ensure compliance with legal procedures and obtaining the necessary licenses. Here are the basic steps to establish a company in this zone:
Choosing the type of business activity: The beginning is by choosing the business activity you wish to establish, whether it is commercial, industrial, or service. This choice affects the type of license required and the procedures associated with it.
Determining the type of license: The type of license required must be determined according to the business activity. The licenses available in the Ajman Free Zone include commercial, industrial, or professional licenses.
Choosing the company structure: The company can be established as a sole proprietorship or as a limited liability company, or even as a branch of an existing company. The structure depends on your needs and the type of activity.
Determining the capital: The required capital varies according to the type of company and activity. The minimum capital required by the free zone must be provided.
Submitting documents: Establishment requires submitting a set of documents, such as passports, registration forms, and a business plan. The required documents may vary depending on the type of activity and company.
Renting a space: A suitable workspace must be chosen, whether it is an office or a warehouse. The free zone offers flexible options for renting spaces.
Obtaining a license: After submitting the application and completing the required documents, the company’s commercial license is issued.
Obtaining visas: Depending on the number of employees, applications are submitted for labor visas. With these steps, a company can be established in the Ajman Free Zone easily and flexibly.
The specified time period for establishing a company in the Ajman Free Zone
The process of establishing a company in the Ajman Free Zone is characterized by speed and flexibility compared to many other regions, as the procedures can be completed in a short period of time ranging from one to two weeks on average. The time period for establishing a company depends on several factors, including the type of business activity, the type of license required, and the availability of all necessary documents. Commercial or industrial activities that require additional permits may require longer procedures to complete, but normal activities are faster.
“Etqan” Company plays a major role in accelerating this process, as it provides comprehensive support in submitting the required documents and dealing with the relevant authorities quickly and efficiently. Thanks to Etqan’s extensive experience in dealing with free zone authorities, investors can reduce waiting time and establish faster.
The process usually begins with identifying the business activity and choosing a company name, then submitting a commercial license application. After reviewing and approving the documents by the competent authorities, the commercial license is issued. Registering the company and choosing the office space requires a few additional days, and many transactions can be completed online, saving time. Thanks to these quick procedures and specialized support, investors can start operating their companies in a short time and benefit from the investment advantages provided by the Ajman Free Zone without delay.
Advantages of establishing a company in the Ajman Free Zone
Establishing a company in the Ajman Free Zone provides many advantages that make it a preferred investment destination for entrepreneurs and investors. The most prominent of these advantages are:
Tax exemptions: Companies in the Ajman Free Zone enjoy complete exemption from corporate and personal income taxes, which enhances profits and makes it an attractive environment for investment.
Full foreign ownership: Allows foreign investors to own 100% of the company without the need for a local partner, which is an important advantage that attracts international investors.
Easy and fast establishment procedures: Ajman Free Zone provides simplified and fast procedures for establishing companies, as many steps can be completed online, saving time and effort.
Flexible rental options: The free zone offers flexible rental options for offices and workspaces at competitive prices, which helps reduce operating costs, especially for startups.
Strategic location: Ajman Free Zone is located near Ajman Port, making it an ideal location for companies that rely on trade and maritime transport, and contributes to easy access to regional and international markets.
Providing support services: The free zone provides integrated services such as logistical support, legal advice, and accounting services, which helps companies organize their businesses effectively.
No restrictions on repatriation of profits: Companies can repatriate profits and capital to their home countries without any restrictions. These advantages make Ajman Free Zone an ideal place to start businesses and grow projects successfully.
Etqan Company Services in Establishing a Company in the Free Zone
Etqan Company provides a distinguished set of services to facilitate the process of establishing companies in the Ajman Free Zone, making it the ideal choice for investors and entrepreneurs. Etqan works to provide comprehensive consultations to help clients choose the appropriate business activity and the optimal company structure based on their needs and investment goals. In addition, the company facilitates the procedures for obtaining commercial licenses and licenses appropriate to the type of activity to be established, ensuring speed and efficiency in completing the procedures.
One of the most important services of Etqan is providing full support in preparing the documents and papers required by the relevant authorities in the Ajman Free Zone, including registering the company and obtaining the necessary permits. The company also provides flexible solutions for workspaces, by helping them choose and rent offices or warehouses suitable for their business activities.
In addition, Etqan provides specialized consulting services in legal and financial matters, ensuring that new companies operate in accordance with local laws and regulations, and reducing potential legal complications. Its services also include support in obtaining work visas for employees and providing advice on taking advantage of the tax benefits and exemptions offered by the free zone. With its extensive experience and strong network of relationships with government agencies, Itqan facilitates the process of establishing companies in the Ajman Free Zone quickly and smoothly, allowing investors to focus on growing their businesses.
In conclusion, the costs of establishing a company in the Ajman Free Zone are an ideal choice for investors looking for a flexible business environment at competitive costs. With tax exemptions and full foreign ownership, Ajman offers distinct investment opportunities that meet the needs of different types of companies. In addition, the ease of establishment procedures and flexible leasing options contribute to reducing operating expenses and enhancing opportunities for growth and success. Thanks to these factors, the Ajman Free Zone has become an attractive destination for investors wishing to establish their businesses in the UAE and move towards achieving their economic goals.
Frequently asked questions about the costs of establishing a company in the free zone
Do the costs of a commercial license differ based on the activity?
Yes, the costs of a commercial license vary depending on the type of activity the company chooses, whether commercial, industrial, or service.
Does the cost include visa fees for employees?
This depends on the number of visas required and the number of employees, as the costs include the fees for obtaining the required visas.
Can foreigners fully own the company in the Ajman Free Zone?
Yes, the Ajman Free Zone allows foreign investors to own companies 100% without the need for a local partner.
