Ajman Business Setup

In Ajman Mainland, you can obtain many types of business licenses depending on your business activity. The main types include:

• Commercial License: For trading and retail businesses.
• Industrial License: For manufacturing or industrial activities.
• Professional License: For service-oriented companies, such as consultancy and beauty services.
• Tourism License: For hospitality and travel-related businesses.

The process for registering a business in Ajman Mainland typically involves the following steps:

1. Choose a business name and ensure it complies with UAE regulations.
2. Determine the type of business license required.
3. Prepare the required documents (e.g., identification, business plan).
4. Submit the application to the Ajman Department of Economic Development (DED).
5. Pay the necessary fees and obtain pre-approval.
6. Register your business with relevant authorities and obtain additional permissions if required.
7. Obtain the finalized business license.

Common required documents include:

• A valid passport copy of the business owner(s).
• Residence visa (if applicable).
• No Objection Certificate (NOC) from a sponsor (for expatriates).
• A business plan outlining your business activities.
• Proposed trade name reservation approval.
• Copies of relevant certificates (if applicable for specific business activities).

Unlike free zones, where you can have 100% foreign ownership, setting up a business in Ajman Mainland generally requires a local sponsor for certain types of companies. However, if you are establishing a professional service business, you can own 100% of the company while still appointing a local service agent.

Some benefits of setting up a business in Ajman Mainland include:

• Access to local and international markets.
• Lower setup and operational costs compared to some other emirates.
• Availability of a diverse workforce.
• Strategic location with excellent logistics and transport connections.
• A business-friendly environment with government support for entrepreneurs.

The cost of setting up a business in Ajman Mainland can vary depending on the type of business, the license fee, office space rent, and other factors. Generally, initial startup costs range from AED 15,000 to AED 50,000 or more. It’s advisable to contact the Ajman DED or a business consultancy for a more accurate estimate based on your specific business needs.

Ajman Mainland currently has no corporate tax for most businesses, making it an attractive location for entrepreneurs. However, VAT at 5% applies to certain goods and services. It’s essential to stay updated about potential changes in tax regulations and consult with a tax advisor to ensure compliance.