Establishing a company in the free zone Ajman Free Zone, opening a company in the Ajman Free Zone represents an important strategic step towards achieving success in a dynamic and thriving business environment. Ajman Free Zone is an attractive destination for investors and entrepreneurs due to its distinguished location and the provision of a suitable commercial environment that supports growth and expansion. By cooperating with Itqan Company, you can benefit from their in-depth experience and extensive knowledge in the field of company formation, which contributes to facilitating the establishment process and ensuring your compliance with all legal and administrative requirements.

Ajman Free Zone offers a range of benefits that make it an ideal destination for setting up businesses, from tax exemptions and financial incentives to advanced infrastructure and excellent logistics services. This zone allows businesses to expand and grow thanks to the facilities provided by the local authorities and the special privileges they offer.

In this context, cooperation with Itqan plays a pivotal role in accelerating the establishment process and avoiding potential obstacles. Itqan provides comprehensive support in all stages of company establishment, from choosing the appropriate company type and submitting the necessary documents, to obtaining a commercial license and arranging legal and administrative matters. The company also provides specialized consultations to ensure full compliance with local laws and maximum benefit from the opportunities available in the Ajman Free Zone.

By leveraging the expertise of Itqan Company, you can ensure that you open a company in the free zone efficiently and effectively, putting you on the right path to achieving your business goals and sustainable growth in the UAE market.

Key Advantages of Setting Up a Company in Ajman Free Zone

Ajman Free Zone is one of the most prominent investment destinations in the UAE, thanks to the unique advantages it offers that attract entrepreneurs and investors from all over the world. Establishing a company in this zone comes with a range of benefits that contribute to enhancing business growth and facilitating its operations. The benefits offered by Ajman Free Zone are comprehensive and suitable for the requirements of modern businesses, making it an excellent choice for investors looking to enter the UAE market with minimal complications.

One of the main advantages of establishing a company in Ajman Free Zone is the complete tax exemption, as companies benefit from no taxes on income or profits, which enhances the company’s competitiveness. Moreover, the zone provides complete freedom to transfer profits outside the country, which facilitates financing and international money transfers. There are also special facilities regarding company ownership, as foreign investors can own 100% of the company’s shares without the need for a local partner, which gives them complete control over its management.

Ajman Free Zone also offers state-of-the-art infrastructure including premium office and warehouse facilities, enhancing operational efficiency and contributing to sustainable growth. The zone also provides integrated logistics services, including easy access to ports and airports, enhancing distribution and international trade capabilities. In addition, the zone provides a flexible and efficient business environment with simplified registration and incorporation procedures, reducing the time and effort required to start a business.

With these advantages, Ajman Free Zone provides an ideal environment for investors seeking to achieve great success in the UAE market, making it a distinct strategic choice for starting and expanding businesses.

Documents required to establish a company in Ajman Free Zone

Establishing a company in the free zone requires submitting a set of basic documents to ensure compliance with legal and administrative requirements. Ajman Free Zone provides a business-friendly environment by offering integrated facilities and services, but investors must submit the necessary documents to speed up the establishment process and ensure that their business starts smoothly. Documents required to establish a company in Ajman Free Zone:

• Passport copies: Submit valid passport copies of all founders and investors in the company.
  Personal photos: Recent photos of the founders, these photos are usually required for personal files and licenses.
• Articles of Association and Memorandum of Understanding: Prepare and submit the company’s Articles of Association and Memorandum of Understanding, which specify the company’s structure, objectives and shareholders.
• Application for a commercial license: Submit a detailed application for a commercial license, including details of the business activity and the proposed company name.
• Office Lease Contract: Submit a lease contract for an office or commercial unit in the Ajman Free Zone, proving the company’s address.
• Business Plan: Provide a comprehensive business plan that includes details about the business, target market, and financial plans.
• Partner Signatures: All partners or shareholders must sign the required legal documents. Powers
  of Attorney: If there are agents or representatives, legal powers of attorney must be provided stating their authority.
• Additional Permits: Provide any additional permits or licenses that may be required based on the specific type of business activity.
• Proof of Identity: Provide proof of identity for the founders such as national ID cards or residence permits.

These documents ensure full compliance with the legal and administrative requirements of Ajman Free Zone, which contributes to accelerating the establishment process and facilitating the start of business activity.

First Steps to Take to Set Up a Company in Ajman Free Zone

Establishing a company in the free zone requires following a set of basic steps to ensure compliance with legal and administrative requirements and ensure that the business starts efficiently. Ajman Free Zone is one of the distinguished investment destinations in the Emirates, thanks to the many advantages it offers that contribute to accelerating and facilitating the establishment process. To know how to start this endeavor successfully, investors must follow the following steps: The first steps to establish a company in the Ajman Free Zone:

• Determine the type of company and business activity: Determine the type of company you wish to establish, whether it is a limited liability company, a joint stock company, or another type of business entity. Choose the business activity you wish to operate in and ensure that it is consistent with the activities permitted in the Ajman Free Zone.
• Choosing a business name: Choose a business name that matches the activity your company will be doing. Make sure the name is available, not in use by other companies in the area, and that it complies with legal naming standards.
• Preparing legal documents: Prepare and arrange the required legal documents, including the articles of association, memorandum, and copies of the founders’ passports. Ensure that all documents are complete and correct.
• Apply for a trade license: Apply for a trade license in Ajman Free Zone. The application includes details of the business activity and company name and must be submitted to the competent authority.
• Securing a Business Location: Secure a lease for an office or business unit within the Ajman Free Zone. You must have a physical business address to complete the incorporation procedures.
• Open a corporate bank account: Open a bank account in the company’s name. You will need to provide legal documents, including the articles of incorporation and memorandum, to open the account.
• Registration with the competent authorities: Register with the competent authorities in the Ajman Free Zone to obtain all the permits and licenses required to start the commercial activity.
• Hiring Employees: If you plan to hire employees, complete the hiring process and ensure that all business requirements are met and local laws are complied with.
• Financial and Administrative Settlement: Settle all financial and administrative matters, including paying government fees and signing necessary agreements.

By following these steps, you can ensure that your business starts in Ajman Free Zone in a smooth and organized manner, enhancing your chances of success in the market and laying a solid foundation for your business.

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

Establishing a company in Ajman Free Zone in cooperation with Itqan Company opens up wide horizons for achieving success and growth in a developed and promising business environment. By taking advantage of the advantages of Ajman Free Zone, such as tax exemptions and advanced infrastructure, new companies can confidently start towards achieving their business goals. With its extensive experience and deep understanding of legal and administrative requirements, Itqan Company provides comprehensive support that goes beyond facilitating procedures, as it ensures full compliance with local laws and ensures that the establishment process runs smoothly.

Itqan helps companies choose the most appropriate structure for their business and provides specialized consultations to ensure that all necessary requirements are met. The company also provides full guidance in preparing the necessary documents and submitting applications, which contributes to speeding up the incorporation process and reducing potential challenges. Thanks to this cooperation, investors and entrepreneurs can focus on developing their strategies and growing in the market, without having to worry about the details of complex procedures.

By carefully implementing the necessary steps and working closely with Itqan, the process of establishing a company in Ajman Free Zone becomes clearer and easier. This cooperation contributes to creating a favorable environment for success, which enhances the ability of companies to expand and achieve their business goals efficiently and effectively. Therefore, investing in Itqan’s services represents a strategic step towards building a strong foundation for your company and ensuring its success in the growing business market in the UAE.

Frequently asked questions about establishing a company in the free zone