> AJMAN MAINLAND COMPANY FORMATION

Ajman Mainland Business Setup

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At Vision Business Consulting, we have expert knowledge and experience in the process of setting up a business in Ajman mainland. We are familiar with the laws and regulations and can guide you through the entire process.

Ajman Mainland Business Setup

ajman mainland business setup, company formation in ajman mainland

Overview :

Ajman mainland company formation refers to the process of establishing a company in the mainland area of Ajman, which is governed by the Ajman Department of Economic Development (DED). Forming a mainland company in Ajman offers several advantages and allows businesses to operate within the local market and cater to both local and international clients.

Steps for Ajman Mainland Company Formation:

  • Business Activity Selection: Determine the type of business activity you wish to conduct in Ajman. Different activities may have specific requirements and regulations, so it’s essential to choose activities that align with your business goals.
  • Engage a Local Sponsor: Like other emirates in the UAE, setting up a mainland company in Ajman requires a local sponsor who is a UAE national. The local sponsor must hold a minimum of 51% ownership in the company. Choose a reliable and trustworthy sponsor to fulfill this requirement.
  • Trade Name Reservation: Select a unique trade name for your company and reserve it with the Ajman Department of Economic Development (DED). The DED will review and approve the trade name if it meets the required criteria.
  • Memorandum of Association (MOA): Prepare the MOA, which outlines the company’s activities, shareholders’ ownership, and other relevant details. The MOA must be notarized by a local notary or law firm in the UAE.
  • Office Space and Tenancy Contract: Arrange for a physical office space in Ajman that complies with the DED’s requirements. A tenancy contract or lease agreement for the office space is required during the company formation process.
  • Document Submission: Prepare the necessary documents, including the MOA, tenancy contract, and other supporting documents as required by the DED. Submit these documents along with the application form to the DED for review.
  • Approvals and Licensing: After reviewing your application, the DED will issue initial approvals. Depending on your business activities, you may need additional approvals from specific authorities such as the Municipality, Health Department, or Ministry of Economy.
  • Trade License Acquisition: Once you have obtained all the necessary approvals, you can proceed to obtain your trade license from the DED. The trade license permits you to legally operate your business in Ajman.
  • Chamber of Commerce Registration: Register your company with the Ajman Chamber of Commerce and Industry. This registration is mandatory for all businesses operating in Ajman.
  • Visa Processing: Depending on your business requirements, you may need to process visas for your employees. This involves various steps such as medical tests, Emirates ID registration, and visa stamping.

Advantages of Ajman Mainland Company Formation:

  • Access to Local Market: Establishing a mainland company in Ajman allows you to freely operate within the local market, catering to both local and international clients.
  • Business Flexibility: Ajman mainland companies have flexibility in conducting diverse business activities according to their business plans and market demand.
  • Strategic Location: Ajman’s strategic location offers proximity to Dubai and Sharjah, providing access to a wider customer base and various business opportunities.
  • Favorable Business Environment: Ajman provides a business-friendly environment with supportive government policies, a stable economy, and a competitive cost structure, encouraging business growth and investment.
  • Infrastructure and Connectivity: Ajman offers well-developed infrastructure, including ports, airports, and road networks, facilitating logistics, transportation, and connectivity for businesses.
  • Local Service Agent: The requirement of a local service agent in Ajman mainland company formation can help businesses navigate local regulations and ensure compliance with local laws.
  • Access to Skilled Workforce: Ajman provides access to a skilled and diverse workforce that can meet the staffing needs of businesses in various industries.

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