AJMAN
MAIN LAND
Ajman Mainland, the non-free zone area of the Emirate of Ajman, is a bustling hub for businesses in the United Arab Emirates (UAE). With a requirement for local sponsorship, companies gain access to the broader UAE market while adhering to the country’s regulatory framework. Obtaining a commercial license from the Ajman Department of Economic Development (DED) enables businesses to operate across diverse sectors such as manufacturing, trading, retail, and services. This strategic location, coupled with a business-friendly environment, attracts entrepreneurs and investors seeking opportunities within the UAE.
FREE ZONE
Ajman Free Zone (AFZ) is a thriving business hub in the United Arab Emirates (UAE), offering attractive incentives for companies to establish their presence. With streamlined procedures, 100% foreign ownership, and tax exemptions, AFZ provides a conducive environment for businesses across various sectors. Strategically located, AFZ facilitates easy access to international markets, making it an ideal destination for investors and entrepreneurs looking to expand their operations in the region.
OFFSHORE
Ajman Offshore is a jurisdiction under the Ajman Free Zone Authority, offering offshore company formation services. With benefits like tax optimization and confidentiality, it’s an attractive option for international businesses. Operating under international standards, it provides opportunities for global expansion and asset protection.
FAQ
What types of business entities can be established in Ajman?
- Ajman offers various business structures, including mainland companies, free zone companies, and offshore companies.
What are the advantages of setting up a business in Ajman Mainland?
- Ajman Mainland allows for a wide range of business activities, access to the local UAE market, and the ability to bid for government contracts.
What are the benefits of establishing a business in Ajman Free Zone?
- Ajman Free Zone offers 100% foreign ownership, tax exemptions, full repatriation of profits, and access to state-of-the-art infrastructure.
What are the key sectors in which businesses can operate in Ajman Free Zone?
- Ajman Free Zone accommodates businesses across various sectors, including trading, manufacturing, logistics, services, and technology.
How does Ajman Offshore differ from mainland and free zone companies?
- Ajman Offshore is an offshore jurisdiction offering tax optimization, confidentiality, and asset protection benefits for international businesses.
What are the steps involved in setting up a business in Ajman?
- The specific steps vary depending on the type of entity and the chosen jurisdiction but generally involve company registration, obtaining licenses, and fulfilling legal requirements.
Do I need a local sponsor to establish a business in Ajman Mainland?
- Yes, mainland businesses typically require a local sponsor who holds 51% ownership in the company. However, certain professional licenses may not require local sponsorship.
What support services are available for businesses in Ajman?
- Ajman provides a range of support services including company formation assistance, visa processing, legal and administrative support, and access to networking opportunities.
Are there any restrictions on foreign ownership in Ajman?
- While mainland companies require local sponsorship, free zone companies and offshore companies offer 100% foreign ownership.