Business set up in Ajman offers low set up costs and maintenance costs. Another key-sector in Ajman’s economy is the real estate sector that is very appealing to both local as well as foreign investors. Foreign companies are allowed to set up subsidiaries and Branch offices in Ajman.
Main areas to set up business in Ajman:
- Mainland area
- Free trade zone
Business setup in Ajman – Mainland:
Minimum two partners and a maximum of 50 partners are required to set up a business in Ajman mainland.
Business setup in Ajman needs a minimum of one local partner. That Local partner must own a minimum of 51% of share in the business and the ex-pat partner must own a maximum of 49% of share in Ajman business. The ex-pat partner can keep any type of business except banking, an investment as well as insurance.
- No currency restrictions
- No yearly auditing mandatory
- You can drive your company from any part of Ajman
- Flexibility to rent office anywhere
- Simple set up process.
- 100% repatriation of capital as well as profits
- Allow for conducting business in Ajman local market
- Only a practical option for many types of business.
- Extensive range of license types also an extensive range of activities available
- No limits to get employment visas.
Business setup in Ajman – free zone:
Facilities of Ajman Free Zone allow foreign investors to obtain an excessive return on their investment.
AFZA: Ajman Free Zone Authority (AFZA) is the governing body in charge of issuing business licenses and registering companies in the free zone.
- License types:
- Trade License
- Industrial License
- E-Commerce License
- Services License
- offshore License
Advantages-Ajman Free Zone:
- 100% ownership
- No objection certificate from the local sponsor is not required
- Quick and easy registration
- World-class infrastructure
- Multi visa option
- The most economical wage structure as well as simple access to a vast workforce
- Extremely low handling charges
- Low lease prices
- A very boost financial structure
- Lowest prices in the region
- A well designed set up of the ports, roads, transport as well as free zone.
- It offers port facilities that are for imports as well as exports.
We at MSZ consultancy are a team of experienced specialists who can support and guide you to set up a business in Ajman. If you are looking to set up a business in Ajman MSZ consultancy is the best business setup consultant in Dubai UAE. For more information, call us on +971 52 544 1248 or drop us a mail at email@example.com