Business Setup in Ajman

Identify the nature of your business and the activities you intend to carry out. This step is crucial as it will influence the type of license you need to obtain.

Decide on the legal structure of your business (e.g., sole proprietorship, partnership, limited liability company, or free zone entity). Each structure has different requirements and implications for ownership and liability.

Choose a unique and appropriate trade name for your company that complies with Ajman’s naming conventions. You can check the availability of your desired name through the Ajman Department of Economic Development (DED) website.

Apply for initial approval from the Ajman DED or relevant free zone authority. This step involves submitting your application along with required documents, including your business plan and copies of shareholders' passports.

Submit your final documents, including the lease agreement, MOA, and other required forms, to the Ajman DED or free zone authority for approval. Pay the necessary registration fees at this stage.

Once your application is approved, you will receive your business license, which allows you to operate legally in Ajman. Ensure you keep a copy of your license for future reference.

After obtaining your business license, open a corporate bank account in a local bank. This will allow you to manage your business finances effectively.

Apply for employee visas and residency permits for yourself and your employees. The number of visas you can obtain will depend on the size and type of your business.

Stay compliant with Ajman’s regulations by maintaining your business license, filing annual reports, and adhering to local laws regarding taxation and labor.