One of the main benefits of Ajman Free Zone company formation is that there are no foreign ownership restrictions, and companies are governed by the Free Zone Authority (FZA). The FZA issues licenses and approves business activities in the Free Zone. Before forming a company here, you will have to choose what type of business entity you will have. This will determine the shareholders of the company. There are four types of entities available for a Free Zone company in Ajman.
Free Zone Establishment – A Free Zone Establishment is a company with a single owner or shareholder.
Free Zone Company – This type of company has partners and are allowed two or more shareholders.
Branch Office of a Foreign Company – This is where a foreign company can operate in the Ajman Free Zone. The Ministry of Economy and Commerce issues this license.
Branch Office of a Local Company – This is a separate office or brand of an existing company. The local company already has a license in the UAE.