MAK is well-versed in the regulations and guidelines for establishing a company in Ajman and can assist you in this process. We facilitate the acquisition of necessary licenses, including Industrial/Service License, Trading/Commercial License, and Professional/General Trading License. You have the flexibility to choose between a free zone, mainland, or offshore company in Ajman. Below is a description of each free zone in Ajman.
Ajman Free Zone
Established in 1988, Ajman Free Zone strategically sits on the Arabian Gulf Coast, providing easy access to four seaports and two international airports. This strategic location has contributed to the prosperity of companies in the region. The Ajman Free Zone Authority oversees secure business setup procedures and the issuance of business licenses for companies operating within the free zone. To initiate the establishment of a company in Ajman Free Zone, one must engage directly with this authority.
Business setup in Ajman Free Zone offers numerous advantages, including:
- 100% repatriation of capital and profits
- Streamlined processes without bureaucratic hurdles
- Full exemption from corporate tax
- Business-friendly laws conducive to company operations
- Simplified immigration policies, ensuring a swift process for workers.
Ajman Media City Free Zone
Recently established, Ajman Media City Free Zone provides comprehensive media and digital services in the UAE. Tailored to meet the professional aspirations of both individual entrepreneurs and businesses, this free zone is located in the City of Ajman. It features advanced telecom infrastructure, robust communication links, exceptional digital customer service, and attractive incentives for entrepreneurs initiating operations in Ajman Media City Free Zone.
Mainland Ajman
Business entities located in commercially developed areas and directly registered under the Emirates government and its authorities are classified as mainland companies. The mainland sector represents the most advanced economy, established in accordance with the legal frameworks of government policies. If one chooses to initiate a business in mainland Ajman, having a local sponsor becomes essential. The local sponsor holds a 51% share in the company, while the business person retains ownership of the remaining 49%. Mainland companies in Ajman can select from various business entities, including:
- Limited Liability Company
- Public Shareholding Company
- Branch Office
- Representative Office
- Professional Firm
Offshore Ajman
Ajman offshore falls under the jurisdiction of the Ajman Free Zone Authority and functions in a manner similar to other offshore jurisdictions. It is characterized by tax exemptions and the preservation of company confidentiality through the utilization of a registered agent’s address. An offshore company in Ajman engages in offshoring businesses within the UAE, covering activities such as:
- General trading
- Professional services
- Stake holding
- Investment and joint investment companies
- Advisory/Consultancy services
- Commission agents/brokers