Business Setup in Ajman

Why Choose Ajman for Your Business Setup?

Still unsure about starting a company in Ajman? The advantages of setting up a business in this emirate will help you make a confident decision. Here are some key benefits of incorporating your business in Ajman:

100 percent full ownership and full repatriation of capital and profits.
Various opportunities, like an exclusive economic area at lower costs, are available.
The process of business setup in Ajman is straightforward. There are single-window clearances for many government services like postal services, licenses, visas, etc.
Foreign investors enjoy a 20-year land lease, and it is renewable for another 20 years. It also allows legitimate tax-exempt operations for 40 years.
100 percent legal exemption from all import and export duties.

Business License Categories in Ajman

Ajman hosts a wide variety of industries and commercial sectors, each requiring specific approvals to operate legally. To streamline and regulate these activities, the government offers different types of business licenses. Here’s an overview of the major license types:

This license is issued to those looking to launch manufacturing or production facilities within the emirate. Entrepreneurs holding this license can engage in operations like sourcing raw materials, importing equipment, manufacturing goods, and selling finished products.

The business must be registered with the Gulf Cooperation Council (GCC), and it must own at least 51 percent of its shares.
At least 40 percent of the manufacturing processes should be accomplished in the free zone. Businesses holding a National Industrial License are eligible for duty-free customs fees to member states of the Arab Gulf Cooperation Council.

This license is ideal for entrepreneurs engaged in trading activities. It allows for the import, export, and re-export of goods and services. Whether you're dealing in wholesale or retail, this license covers your commercial operations in Ajman.

This license is designed for individuals or companies—whether local, international, or free zone-based—who wish to offer professional services in Ajman. It applies to fields like consultancy, legal services, accounting, marketing, and other expert-based professions.

An e-commerce license supports businesses that operate online. It enables entrepreneurs to sell goods or services via digital platforms, promoting digital growth and enhancing the emirate’s online business ecosystem.

For businesses involved in repair, upkeep, or technical maintenance work, this license is a must. It authorizes activities like home or office maintenance, equipment servicing, and minor repair works across various sectors.

Steps to Register a Company in Ajman

If you're planning to start a business in Ajman, it's important to follow a clear and structured process. Here is a step-by-step guide to help you through company registration:

Step 1 – Make Key Decisions

Before anything else, entrepreneurs should choose the basic details of their business. These include:

Step-by-Step Guide to Company Formation in Ajman

Setting up a business in Ajman follows a clear and simple process. Here's how entrepreneurs can register their company successfully:

Step 1 – Choose the Right Setup

Make important decisions based on your business goals, such as:

🔹 Business Activity: Select the type of activity — trading, service, manufacturing, etc.
🔹 Company Structure: Choose a legal form like LLC, sole proprietorship, or partnership.
🔹 Business Name: Pick a name that fits your brand. It should be unique and follow Ajman's business naming rules.
🔹 Business Location: Decide whether you want to set up in the Ajman Mainland or Free Zone.

Step 2 – Prepare and Submit Documents

Gather all the required paperwork. This includes:

Step 3 – Get Government Approvals

Once documents are ready, apply for approvals from:

You’ll also need to submit any receipts or permits issued by the Ministry of Economy and other authorities to the Company Registry.

Step 4 – Open a Corporate Bank Account

Create a business bank account to manage finances, handle local and international transactions, and support business operations. Choose a bank that matches your needs in terms of services and currency support.

Step 5 – Pay Fees and Collect Business Certificates

Pay the applicable government fees to finalize your setup. After payment:

Documents Required for Business Setup in Ajman

A valid copy of the company shareholders' passports.
Proof of residence of the company owner.
Memorandum of Association.
Article of Association.
Duly filled out the application for incorporation of an offshore account.
Bank Reference Letter.
Resume of the owner of the offshore account.
Business plan with cost-benefit analysis.

Business Activities Approvals - Ajman

Business Activities in Ajman and Required Government Approvals

Government Authority	Business Activity
Ministry of Education	Private Schools, Kindergartens, Educational Institutions, Gymnasiums
Ministry of Justice, Islamic Affairs, and Awqaf	Organizing Hajj and Umrah Campaigns, Quran Recital Centres, Law Firms
Ministry of Agriculture and Fisheries	Plant Nurseries, Farm, Cattle and Bird Trading, Fish Trading, Seeds and Fertilizer Trading
Ministry of Labor and Social Affairs	Babysitting Services, Labor Services
Ministry of Finance and Industry	All Industrial Licenses
Ministry of Health	Hospitals, Private Clinics and Practices, Medical Laboratories, Pharmacies
Ministry of Economy	Accounts Auditing, Foreign Companies Branch
Ministry of Information and Culture	Advertising and Publicity Office Drawing and Scripting, Organizing Events and Shows, Computer Trading, Digital TV and Cable Services
Central Bank	Banks, Money Exchange and Transfer, Financial Consultancies

Reasons to Invest in Ajman

Ajman is a beautiful place that combines rich traditions with natural beauty, making it one of the most appealing locations for businesses and industries. These qualities make Ajman an ideal destination for investments, offering great opportunities in the world of business and the economy. Here are some key reasons why you should consider investing in Ajman:

It lies between Dubai and Sharjah and is easily accessible.
Availability of facilities and services such as power, medical, and telecommunication.
The free zones in Ajman are very investor-friendly, providing 100 percent foreign ownership, hassle-free approvals and several tax benefits.
Ajman Port offers facilities for exports and imports, vessel repair, and maintenance.
The low cost of operation of many industries compared to other free zones in the world.
Primary industries are available making it provide such raw materials required for some ready and semi-manufactured industries.
State-of-art infrastructures like ports, roads, industrial zones, and transport.

Our Services for Business Setup in Ajman

At IRHA, we provide a variety of services to make your business setup in Ajman quick and hassle-free. Our services include:

Company Incorporation.
Company Registration.
Local Sponsorship.
Public Relations Officer (PRO) Services.
Accounting and Bookkeeping.
Auditing
Tax Consulting.
Value Added Tax (VAT) Registration.
Legal Advisory.
Setting up a branch office in Ajman.
Intellectual Property Protection.

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