If you’re looking to start a small business in the UAE, you may want to consider setting up shop in Ajman. This bustling city is rapidly becoming a hub for entrepreneurs and investors alike, thanks to its strategic location, thriving economy, and exceptional infrastructure.
Whether you’re interested in launching an e-commerce platform or opening up a brick-and-mortar store, Ajman offers plenty of opportunities for success. In this blog post, we’ll take a closer look at what makes Ajman such an attractive destination for small business owners and provide some helpful tips on how to get started with your own venture. So let’s dive in!
Ajman Free Zone
The Ajman Free Zone is located in the United Arab Emirates and offers many benefits for businesses. Some of the advantages of setting up a business in the Ajman Free Zone include:
- 100% foreign ownership
- No currency restrictions
- Low cost of living
- Access to a pool of skilled labor
The Ajman Free Zone also offers a number of incentives for businesses, including:
- 100% exemption from corporate and income taxes
- 100% repatriation of profits
- 100% ownership by foreigners
- No customs duties or quotas on imported goods
Ajman Media City Free Zone
Ajman Media City Free Zone is one of the most popular free zones for setting up small businesses in Ajman. It is located in the heart of Ajman city and offers a wide range of benefits for businesses. Some of the benefits of setting up your business in Ajman Media City Free Zone include:
- 100% foreign ownership
- 100% tax exemption
- No currency restrictions
- Fast and easy company formation
- Flexible office space options
- Access to a pool of skilled workers
If you are looking for a hassle-free and cost-effective option for setting up your small business in Ajman, then Ajman Media City Free Zone is the perfect choice for you.
How much license cost in Ajman?
The cost of a license in Ajman depends on the type of business you want to set up. For a small business, the cost of a license is AED 5,000. For a medium-sized business, the cost of a license is AED 10,000. For a large business, the cost of a license is AED 20,000.
How to set up a small business in Ajman
Setting up a small business in Ajman is relatively straightforward, especially if you are already familiar with the process of starting a business in the UAE. However, there are a few key things to keep in mind when setting up your business in Ajman specifically.
First and foremost, it is important to choose the right legal structure for your business. There are a number of different options available, and the best choice will depend on the nature of your business and your own personal circumstances. Once you have chosen the right legal structure, you will need to register your company with the Ajman Department of Economic Development.
Once your company is registered, you will need to obtain the necessary licenses and permits from the relevant authorities. This can be a complex process, so it is important to seek professional advice to ensure that you are compliant with all the requirements.
Finally, you will need to set up your physical premises in Ajman. This includes finding a suitable office or retail space, as well as ensuring that your premises meet all the necessary health and safety requirements.
How much does it cost to establish a company in Ajman?
The cost of setting up a company in Ajman varies depending on the type of company you are establishing and the license you require. For example, a simple trading license may cost as little as AED 10,000, while a professional license for an activity such as engineering or healthcare could cost AED 50,000 or more.
There are also other costs to consider when setting up a company in Ajman, such as office rental costs, staff salaries, and marketing expenses. Overall, the cost of setting up a small business in Ajman can range from AED 10,000 to AED 100,000 or more depending on the size and scope of your business.
small business setup in Ajman
Setting up a small business in Ajman can be an incredibly rewarding experience. With its pro-business environment, low taxation rate and opening of free zones to foreign investors, the Emirates of Ajman is a great place to start a business. There are plenty of resources available to help entrepreneurs with setting up their ventures including local government agencies, professional consultants, and other experts who can provide guidance and advice throughout the process.
If you have been considering Ajman for your next venture, this article should have given you some insight into how you can go about starting your own small business there successfully.
