Establishing a company in Ajman Free Zone

Establishing a company in the Ajman Free Zone is a strategic choice for investors looking for an ideal business environment that combines government facilities and a distinctive geographical location. Ajman Free Zone is strategically located on the coast of the Arabian Gulf, making it an attractive point for companies looking to access local and international markets easily. Establishing a company in this region provides many advantages, including tax exemptions, customs facilities, and the freedom to transfer profits completely, which enhances the attractiveness of this investment option.

Itqan Company is considered an ideal partner for opening a company in the Ajman Free Zone, as it has extensive experience in this field and provides integrated services starting from initial consultations to the actual establishment procedures and post-establishment support. Thanks to its professional team and deep experience in the UAE market, Itqan provides customized solutions that meet the needs of investors and contribute to achieving their business goals efficiently and smoothly.

The process begins with a careful understanding of investors’ needs and determining the appropriate type of commercial license that is compatible with the nature of the commercial activities to be practiced. Itqan provides specialized consultations that help investors choose the most appropriate legal structure for their company, whether it is a limited liability company, a branch of a foreign company, or other available legal forms. After determining the most appropriate type, the process of collecting the necessary documents begins and preparing them in accordance with the legal requirements of the Ajman Free Zone

Types of commercial licenses available in Ajman Free Zone

Establishing a company in the free zone is one of the leading destinations for investors looking to establish their companies in a distinctive commercial environment that allows them to benefit from a wide range of facilities and benefits. Establishing a company in the Ajman Free Zone provides many opportunities for growth and expansion thanks to the encouraging economic environment and advanced infrastructure. One of the basic elements that investors must take into consideration when establishing their company is the type of business license they need to conduct their business activities. The commercial licenses available in the Ajman Free Zone are varied to meet the needs of various sectors and commercial activities, ensuring that investors obtain the appropriate license that is compatible with their goals and the nature of their business. Types of commercial licenses available in Ajman Free Zone

• Commercial License: This license is granted to companies that intend to carry out commercial activities that include buying, selling and distributing goods. Business activities in this category include trading in consumer products, electronics, equipment, etc.
• Industrial licence: This license is allocated to companies operating in the industrial sector and includes the manufacture, assembly and production of goods. Companies that wish to establish factories or industrial workshops need to obtain this license.
• Professional License: This license is granted to companies that provide professional services such as administrative and financial consulting, training, education, and legal services. This license requires that the company have qualified employees who hold recognized professional certificates.
• National Licence: This license is granted to companies owned by Emirati citizens and allows them to engage in commercial, industrial and professional activities inside and outside the free zone.

Documents required to establish a company in Ajman Free Zone

Establishing a company in the Ajman Free Zone represents a strategic step for investors seeking to benefit from a supportive business environment and multiple advantages. Ajman Free Zone provides advanced infrastructure, a distinctive tax system, and ease of establishment procedures, making it a preferred destination for companies from various sectors. To make the most of these benefits, investors must submit a set of basic documents required to establish the company. These documents help expedite the registration process and ensure compliance with the legal and regulatory requirements in the free zone. In this context, we will review the documents required to establish a company in the Ajman Free Zone and how they can be prepared effectively to ensure the success of the establishment process. Documents required to establish a company in Ajman Free Zone

• Registration application form: You must fill out the Ajman Free Zone registration application form. The form must be complete and contain all necessary information about the company and investors.
• Copies of Passports: Clear and colored copies of passports must be provided to all shareholders and directors of the company. Copies must be current and valid.
• Letter of Intent: A letter of intent must be submitted that includes details about the company’s planned activity and business objectives. This letter explains the founders’ intention to establish the company.
• Business Plan: The business plan is an important document that must be submitted when establishing the company. A business plan includes a detailed description of the business, the services or products the company will offer, marketing strategies, and financial projections.
• Memorandum of Association and Articles of Association: A copy of the Memorandum of Association and Articles of Association of the company must be submitted. These documents include details about the company structure, business purposes, and the rights and duties of each partner.

Steps to apply for a commercial license in Ajman Free Zone

Ajman Free Zone is one of the preferred destinations for investors seeking to establish their companies in a distinguished commercial environment that provides them with the facilities and benefits necessary to achieve success and growth. Establishing a company in this region requires submitting a set of basic documents that ensure compliance with all legal and procedural requirements. By submitting these documents accurately, investors can speed up the registration process and avoid any delays that may affect the start of their business. In this context, we will review the documents required to establish a company in the Ajman Free Zone, providing investors with a clear understanding of what they need to ensure a smooth and efficient start-up of their business. Documents required to establish a company in Ajman Free Zone

• Registration application form: The first step in the incorporation process is to fill out the Ajman Free Zone registration application form. The form must be complete and contain accurate details about the company and investors.
• Copies of Passports: Colored and clear copies of passports must be provided to all shareholders and directors of the company. Copies must be current and valid.
• Letter of Intent: A letter of intent must be submitted that includes details about the planned business activity and the company’s objectives. This letter helps clarify the founders’ intention in setting up the company.
• Business Plan: The business plan includes a detailed description of the company’s activity, the services or products it will provide, marketing strategies, and financial projections. This document is necessary to evaluate the feasibility of the project.
• Memorandum and Articles of Association: A copy of the company’s Memorandum and Articles of Association must be submitted, which includes details about the company’s structure, business activities, and the rights and duties of each partner.
• Board of Directors Resolution: If the founding company is already located in another country, a resolution must be submitted from the company’s board of directors approving the establishment of a branch or subsidiary in the Ajman Free Zone.

Our company’s role in establishing a company in the free zone

Establishing a company in the Ajman Free Zone is a smart investment step that allows investors to benefit from the unique advantages that this region provides. Tax exemptions, customs facilities, and the freedom to transfer profits without restrictions are among the most prominent factors that make the Ajman Free Zone a preferred destination for local and international companies. In addition, the region provides an advanced infrastructure that includes advanced logistical facilities and comprehensive support services that contribute to facilitating companies’ operations and increasing their efficiency.

Cooperating with Itqan Company to establish the company enhances the chances of success thanks to their extensive experience in the UAE market and their professional team that provides specialized consultations that meet the needs of investors and help them achieve their goals. From choosing the most appropriate legal structure and determining the appropriate type of commercial license to preparing and processing all required documents and ensuring compliance with all legal requirements, Itqan provides comprehensive support that ensures the establishment process runs smoothly and quickly.

Itqan does not limit itself to merely establishing the company, but also provides post-establishment support services such as preparing financial and marketing plans and managing human resources, which helps to operate the company efficiently and achieve sustainable growth. In addition, the company provides customized solutions that suit the nature of different business activities and ensures the best results for investors

In the end, it can be said that establishing a company in the Ajman Free Zone in cooperation with Itqan Company represents an ideal investment option that combines government facilities and specialized professional support. Thanks to this cooperation, investors can focus on growing their business and expanding the scope of their activities with confidence and reassurance that all legal and administrative aspects are covered efficiently. Ajman, with its strategic location and unique advantages, remains a leading destination for business and investments, which opens broad horizons for success and prosperity for companies from various sectors.

Frequently asked questions about establishing a company in the free zone