If you’re considering business setup in the United Arab Emirates, Ajman Mainland is a great option. Ajman may be the smallest of the seven emirates in the UAE, but it is one of the largest when it comes to business. Many entrepreneurs seek business setup in Ajman Mainland because of its prime location and easy accessibility. The emirate is situated on the Arabian Gulf coast and neighbors Umm Al Quwain and Sharjah. Real estate, retail, construction, transport, and business services are all popular industries for Ajman Mainland business setup. Business setup in Ajman is a quick and easy process. The experts at MSZ Consultancy are experienced with business setup in UAE and will help guide you through the process for a flawless business setup.
How Can I Form a Company in Ajman Mainland?
Ajman Mainland Business Setup is known for its quick process. With the help of the consultants at MSZ, the process is even easier! There are several steps to go through to form a company on the Mainland and lots of paperwork that will need to be completed. MSZ Consultancy will walk you through the entire process to make sure there aren’t any roadblocks standing in your way. Here are the steps you need to take to form your company on the Mainland.
- Submit Company Application - The first step to take for forming your company is to submit the company application. This will need to be done through the customer service center in the municipality.
- Get approval from specialized departments - Next, you will have to follow up with the Inspection Unit of the municipality of Ajman to verify the business location. Depending on your business activity, you may also have to get approval from other departments if it’s required.
- Get trade name approved - You will have to obtain approval for the trade name. After you get approved, then you’ll have to get the business register and membership certificate issued.
- Submit the necessary approvals - After you get everything approved, then you’ll have to submit the information and receipts from the Ministry of Trade to get accepted into the Register of Companies.
- Obtain your business license - You’ll have to pay all the required fees and submit the application to the Customer Services Center. After that, you’ll get your business license the next day.
Documents Required
- Passport copy of the shareholders
- Proof of residence
- Memorandum of Association & Articles of Association
- Business plan
- Bank reference letter
Business Licenses for Business Setup in Ajman Mainland
In order to form a company in Ajman, or anywhere in the UAE, you will need a business license. Your business license is what makes your company legal and defines what type of business you are doing. Each business license has its own requirements and regulations for Ajman Business Setup. Here are the types of licenses available.
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National Industrial License - With a National Industrial License, you are exempt from customs duty. There are a couple of requirements to get this license. A business must be registered with the Gulf of Cooperation Council, and they must own at least 51% of the shares. At least 40% of manufacturing processes need to be done in the Free Zone.
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Trading License - If you plan to use your company to trade in Ajman, then you will need this license. This includes import, export, and re-export of goods and services in the United Arab Emirates.
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Industrial License - If you have an Industrial License in Ajman, you’ll be able to import raw materials for manufacturing, processing, or assembling specified products. The finished products can then be exported outside the UAE. If you plan on selling the products in the UAE, then you’ll have to go through a local distributor or local agent.
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Professional/Service License - This type of business license is granted to any UAE, foreign, or Free Zone entity that provides professional or services activities.
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E-Commerce License - This is for companies that want to tap into the growing e-commerce segment of the GCC and the region. This license will facilitate online business entrepreneur’s partnerships with the Free Zone.
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General Maintenance License - In order to have a maintenance business in Ajman, you’ll need a Maintenance license. This license will give individuals the authority to make repairs and perform regular maintenance on buildings to keep them in good shape.
Advantages of Ajman Mainland Business Setup
- 100% foreign ownership
- Taxation benefits
- 100% legal exemption from import and export duties
- Low-cost business setup
- Low cost of living
- Strategic and central location
- Modern infrastructure
- Lower prices of land and office rentals
Easy Ajman Mainland Business Setup with MSZ Consultancy
If you’re looking for an experienced consultant to help you with Ajman Mainland business setup, look no further! The experts at MSZ Consultancy are the best when it comes to business setup in the UAE. We have thousands of clients that were once in your shoes, and we’ve helped them successfully form their companies in UAE. Let us do the same for you! Contact MSZ Consultancy today at +971 52 544 1248 for your FREE consultation.
