Establishing a company in the Ajman Free Zone – advantages and steps, is an excellent strategic step for investors looking for a flexible and encouraging business environment in the United Arab Emirates. The Ajman Free Zone is one of the most prominent free zones that provides attractive business opportunities thanks to its unique advantages such as tax exemptions and full ownership of the company by foreign investors without the need for a local partner. This region provides an ideal environment for business thanks to its advanced infrastructure and the provision of commercial and logistical support services that contribute to accelerating and facilitating establishment processes. Collaborating with a specialized company like Itqan can play a pivotal role in achieving your business goals more effectively.

Itqan Company offers its in-depth expertise in the procedures for establishing a company in the Ajman Free Zone and provides the necessary consultations that ensure you carry out all the required steps successfully and smoothly. By cooperating with Itqan, you will be able to benefit from its advice in choosing the appropriate type of company, compiling the required documents, and submitting applications to the relevant authorities, which contributes to accelerating the incorporation process and avoiding any potential delays. This cooperation also provides you with the ability to focus on developing your business strategies and expanding the scope of your business activities instead of being preoccupied with complex administrative procedures. In this article, we will discuss how to establish a company in the Ajman Free Zone, focusing on how you can benefit from Itqan’s expertise in this field to achieve your commercial success and enhance your opportunities in the UAE market.

Key benefits of establishing a company in Ajman Free Zone

Establishing a company in the Ajman Free Zone represents an attractive investment option for many businessmen and investors thanks to the strategic advantages offered by these specialized economic zones. Ajman Free Zone is distinguished by providing a flexible and encouraging business environment that contributes to accelerating the establishment process and enhancing the growth of companies. These areas offer a range of benefits that make them an ideal destination for establishing new companies, thanks to tax exemptions, advanced infrastructure, and establishment facilities. In this article, we will review the main benefits of establishing a company in the Ajman Free Zone, allowing investors to understand the advantages that can contribute to the success of their business and enhance their competitiveness in the market. Key benefits of establishing a company in Ajman Free Zone

Complete tax exemptions

• Taxes: Ajman Free Zone provides complete income tax exemption, which contributes to increasing the net profits of companies. There are also exemptions from corporate taxes and taxes on personal profits, which contributes to improving operational costs.

Owns 100% of the company

• Full ownership: Ajman Free Zone allows foreign investors to fully own the company without the need for a local partner. This provides complete control over the company’s operations and strategic decisions.

 Simplified and fast establishment procedures

• Procedures: Ajman Free Zone is characterized by simplified and quick establishment procedures compared to other options. This contributes to accelerating the company registration process and starting business activities faster.

Advanced infrastructure

• Equipment: The free zone provides modern infrastructure that includes offices, warehouses, and advanced logistical facilities. This infrastructure contributes to enhancing the efficiency of business operations and meeting companies’ needs effectively.

Facilities in export and import

• Customs: The free zone provides convenient facilities for export and import procedures, which contributes to accelerating the movement of goods and reducing the costs associated with international trade.

Types of companies that can be established in the Ajman Free Zone

Establishing a company in the Ajman Free Zone represents an exciting strategic step for many investors, thanks to the various advantages and business opportunities that these economic zones offer. Ajman Free Zone provides a business-friendly environment with a range of flexible options for the types of companies that can be established. These types suit different business purposes and investment needs, allowing investors to choose the form that suits their goals and requirements. In this article, we will review the types of companies that can be established in the Ajman Free Zone, which helps investors choose the most appropriate type for their projects and meet their business needs efficiently. Types of companies that can be established in the Ajman Free Zone

Limited Liability Companies (LLC)

• Characteristics: Limited liability companies are the most common form of company establishment in free zones. They are flexible in business management, and their owners are liable for debts only to the extent of their capital contributions. These companies provide full ownership to foreign investors without the need for a local partner.

Individual companies

• Characteristics: Sole proprietorships are businesses that are owned by one person who is solely responsible for all aspects of management and operation. This type of company is suitable for investors who want full control of their business without the need for partners.

Holding companies

• Characteristics: Holding companies are companies that own shares in other companies and manage these investments centrally. These companies are a suitable option for investors who want to manage a portfolio of investments or companies under one management.

Joint companies

• Characteristics: Joint companies are companies established by several investors who share in the management and investment of the company. Liabilities, profits and losses are distributed according to the terms agreed between the partners. This type of company promotes cooperation and brings together resources and expertise from several parties.

Documents required to establish a company in the Ajman Free Zone

Establishing a company in the Ajman Free Zone is a strategic step aimed at taking advantage of the advantages of the flexible and encouraging business environment that these economic zones provide. To ensure a smooth start-up of the business, it is necessary to prepare and submit the required documents accurately and completely. The documents required to establish a company in the Ajman Free Zone include a set of basic documents that prove identity and support the administrative and legal process of registration. In this article, we will discuss the basic documents that need to be submitted when establishing a company in the Ajman Free Zone, which will help investors prepare appropriately and avoid any delays or problems that may arise during the establishment process. Documents required to establish a company in the Ajman Free Zone

Passports

• Document: Color copies of passports of all founders and directors.
• Significance: Used to confirm the identity of the individuals concerned and authenticate personal information.

Personal photos

• Document: Recent personal photos of the founders and directors.
• Importance: Used for registration and identification purposes on official documents.

Lease contract for the company’s headquarters

• Document: A lease contract or document proving ownership of the company’s headquarters in the free zone.
• Importance: It proves the existence of a designated place for the company’s activity and is considered a prerequisite for registration.

The company’s articles of association

• Document: Draft articles of association that define the management structure, objectives and business activity.
• Importance: It defines the internal rules and organizational structure of the company and how it is managed.

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

Establishing a company in the Ajman Free Zone represents an excellent investment opportunity for investors who want to benefit from a dynamic business environment and attractive business advantages. Ajman Free Zone provides a business-friendly environment thanks to its advanced infrastructure, tax exemptions, and simplified procedures for establishing companies. By cooperating with Itqan, investors can ensure that they take full advantage of these advantages thanks to the extensive experience that Itqan provides in the field of establishing companies.

Itqan works to simplify the incorporation process by providing specialized advice and comprehensive support during every stage of incorporation, from choosing the appropriate type of company to completing administrative procedures and obtaining the necessary licenses. Cooperation with Itqan contributes to ensuring the acceleration of procedures and avoiding any complications that startups may face, allowing investors to focus on developing their business strategies and enhancing their growth in the market. In addition, Itqan provides the necessary guidance to ensure compliance with all legal and regulatory requirements, contributing to long-term success and stability. Thanks to this cooperation, you can benefit from Itqan’s expertise in identifying optimal opportunities and making the most of the capabilities offered by the Ajman Free Zone. Establishing a company in this region, with the support of Itqan, can open new doors for expansion and growth in the thriving UAE market.

Frequently asked questions about establishing a company in the free zone