Establishing a company in the free zone

Establishing a company in the free zone represents an important strategic step towards achieving success and sustainability in today’s business world. Ajman Free Zone is distinguished by its distinguished location in the heart of the United Arab Emirates, making it an ideal destination for companies seeking growth and expansion in the local, regional and global market.

The Ajman Free Zone provides an encouraging and flexible investment environment, offering a wide range of benefits and privileges to new and expanding companies. In addition to tax and customs exemptions, the free zone also offers advanced infrastructure, excellent logistical services, and modern facilities, which facilitates the process of establishing a company and operating it with high efficiency.

In addition, Ajman Free Zone is characterized by easy access to regional and global markets, giving companies ample opportunities to expand their business and achieve sustainable growth. With specialized facilities and effective government support, companies in Ajman Free Zone can be highly prepared for the challenges and opportunities they may face in today’s business market.

In short, establishing a company in the free zone represents a promising investment and a unique opportunity for those wishing to build a strong brand and achieve success in the local and global market.

Steps to establish a company in the free zone

Establishing a company in Ajman Free Zone requires following a series of important steps and necessary procedures. Here are general steps for establishing a company in this region:

Market study and legislative requirements

Before embarking on the establishment process, a comprehensive study of the market and competition analysis must be conducted, and the type of company to be established must be determined and its compliance with local legislation and regulations must be ensured.
Choosing the legal type of company: The company can be local (fully owned by Emirati citizens) or joint-venture (with foreign shareholding allowed at a certain percentage). The company structure is also determined, whether it is a sole proprietorship, a limited liability company, or a partnership.

Choose a company name

A name for the company must be chosen that is consistent with commercial trends and local legislation. It must also be ensured that names are not repeated and that the chosen name is accepted by government agencies. In addition, the identity of shareholders and managers must be determined and documented in accordance with local regulations, in addition to providing the necessary documents to appoint managers, which may Includes personal ID, CV, and experience certificates.

Capital arrangement

Determine the financial value of the capital required to establish the company and determine it in line with local regulations. The capital must be deposited in a bank account approved by the competent authorities. The draft contracts necessary to establish the company must be prepared and submitted to the relevant government authorities. The necessary documents such as personal forms for shareholders must also be submitted. Directors and capital documents.

Submit an application for license and permits

Submitting an application for incorporation and obtaining the necessary licenses and permits from the competent government authorities in the Ajman Free Zone, in addition to fulfilling all conditions and requirements, the company is officially established and registered in the official records of the concerned authorities, while ensuring compliance with all local and international tax and legal obligations, in addition to the obligation to provide Regularly required financial reports and data.

Starting a business

After establishing the company and receiving all necessary licenses, business can begin and strategic plans can be implemented to achieve the set goals. Establishing a company in the Ajman Free Zone requires guidance and consultation from the experts of Itqan Company to ensure that all required conditions and obligations are met in line with local legislation and regulations.

Advantages of establishing a company in the free zone

Establishing a company in Ajman Free Zone offers a set of unique advantages that make it an ideal destination for entrepreneurs and new companies. This region is considered a gateway to success and prosperity, and among the advantages it offers, the following points can be emphasized:

Tax and customs exemptions: The Ajman Free Zone offers tax and customs exemptions that attract investors, which reduces administrative costs and increases the competitiveness of companies located there.

In addition to an encouraging investment environment, the Ajman Free Zone provides advanced infrastructure and integrated services that encourage innovation and growth. This includes modern logistics facilities and advanced technology that facilitate production and distribution processes with easy access to regional and global markets.

In addition to its strategic location in the Emirate of Ajman and its proximity to major airports and ports, the Ajman Free Zone provides easy access to regional and global markets, which contributes to expanding the scope of business and increasing commercial opportunities.

Ownership and Control Facilities Ajman Free Zone provides flexible ownership policies that allow investors to gain ownership rights and control over the management of their companies, helping to realize their business visions.

It is worth noting that establishing a company in the Ajman Free Zone gives investors the opportunity to benefit from a distinguished investment environment, allowing them to achieve success and growth in the local and global business market.

 

Our work is in establishing companies

The company establishing a company in the free zone works to carry out many important works related to businessmen and investors. Among the works carried out by the company are:

• The company works to establish companies and equip them with the best equipment. It also takes care to choose the best places in which to establish companies.
• Establishing offices, furnishing them, and offering them for rent. Working to complete all required procedures related to opening companies.
  Dealing with multiple parties and paying fees.
• Registration of trade names in the competent authority.
• In addition to registering commercial licenses .

Establishing a company in Ajman Free Zone requires completing a series of steps and procedures. First, the investor must choose the type of company he wants to establish, whether it is a sole proprietorship, a partnership, or a limited liability company. Then the required documents must be prepared, such as the completed registration form and a copy of the passport for the investors.

Next, the investor should seek out a local legal advisor to obtain the necessary advice and guidance for establishing the company. The legal advisor will assist the investor in preparing the required legal documents, such as contracts and agreements.

Then, the investor must request a permit from the relevant authority in the Ajman Free Zone to establish the company. The required documents must be submitted, the prescribed fees must be paid, and the necessary agreements must be signed. The investor is supposed to submit a detailed business plan explaining the company’s goals and proposed activities.

Frequently asked questions about establishing a company in the Ajman region