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Cost of establishing a company in Ajman Free Zone

٢٤ مارس Cost of establishing a company in Ajman Free Zone

Ajman is a free zone and is considered a good opportunity for local and foreign investors and businessmen to establish a company in it, as it provides them with excellent infrastructure and high-quality facilities that allow them the opportunity to compete and achieve success. It has played a major role in bringing about development in the business sector in the UAE through the industrial expansions that took place in the region.   

Establishing companies in free zones requires some laws and regulations that govern them. Before starting to establish a company in the free zone, the type of activity must be determined in order to obtain a license to start business. By determining the type of activity, the parties associated with this type of activity and the laws that match this activity are identified. The cost of establishing a company in the free zones also varies according to the type of activity carried out there, the area of ​​the site on which the project is located, and also the capital requirements of investors according to the activity and the area for establishing the company. Also, before starting to establish a company in the free zone, initial approvals must be obtained to register the activity and obtain the license. There are several benefits to establishing a company in the Ajman Free Zone, which are:   

  • The investor gets 100% profit.
  • Exempt from taxes and import duties
  • The project infrastructure is advanced and its costs are low.
  • Gets lower labor costs and tariffs
  • Accessible by land, air and sea routes
  • It also gets low cost business operations.

Costs of establishing a company in the Emirates :

Establishing a company in the Emirates requires several requirements before starting to implement the business plan. These requirements are:

First: Obtaining the necessary documents and approvals to establish the company, according to the place where it is to be established and its area.

Second: Determine the company’s location and the number of required work teams.

Third: The cost of establishing the company depends on the required area, feasibility studies conducted for the project, the location, and the purpose of establishing the company.

Also, when establishing a company in the Emirates, it must be taken into consideration that the work team is well-versed in legal transactions and has experience in marketing, which will determine the extent to which the company will succeed or fail.

Costs of establishing a company in Dubai :

The cost of establishing a company in Dubai requires first knowing the location on which the project is to be implemented and determining its area well and how much the project area costs because it is a basic reason for its success. It is necessary to conduct feasibility studies and determine the budget for the project well, as it must be taken into account when determining the salaries of employees working in the company. It is also necessary to choose a suitable place where all services are available and take it into account when determining the cost of establishing the company.

Establishing a company in Dubai requires :

The type of activity required must be selected, and the required license will be determined based on that.

The investor chooses the legal form of the company, which will determine the type of business activity.

To obtain external approvals from government agencies

To choose the trade name of the project

The investor also makes a lease contract after obtaining the appropriate office.

Therefore, the step of establishing a company in Dubai is considered by investors to be the best choice and is no less important than any other process.

Cost of establishing a company in the free zone:

Establishing a company in the free zone is a great goal and opportunity sought by many Arab and foreign countries and many investors all over the world, as these areas are distinguished by having all the services and facilities necessary to establish a company, as well as buildings and paved roads to implement the project of establishing a company in the free zone.

As for the cost of establishing a company in the free zones, it is not high, but rather very profitable due to the facilities in the procedures and places available in these zones.

Establishing a company in the free zone is one of the factors that helped in the rapid economic growth in the UAE. Also, the flexibility of the laws that regulate the establishment and management of businesses in the free zones was a reason for the development of the UAE economy, as the free zone is a separate entity and is not governed by the UAE labor law and there are no customs fees, which facilitates the procedures for investors to establish projects in it.

Cost of investment in Dubai :

Investing in Dubai is one of the most positive choices for investors due to the good locations and services Dubai enjoys for establishing projects, as a large number of investors compete to invest in Dubai. There are also facilities in obtaining the necessary papers to establish projects, as well as the growth of the trade and investment sector in Dubai at a large rate. No taxes are imposed on the investor’s income. Dubai is also distinguished by its growth in the tourism sector through tourists coming from different countries, which brings investors abundant profits. It is characterized by a high standard of living, which makes there great opportunities for shop owners and commercial companies and those who wish to invest in Dubai.

There are some privileges that an investor gains in Dubai:

  • Any company can be established, whether industrial, commercial or service.
  • He gets his residence visa in Dubai and can also add 5 partners.
  • It does not require a local partner and can own 100%
  • Exempting his company from taxes completely, and this is considered one of the very good advantages for investors.
  • All his profits and capital can also be transferred because Dubai law allows this.
  • The investor can open an account in any local or international bank.
  • He can buy and own real estate.
  • Facilitate his travel procedures to the United States or Europe

As for the cost of investment in Dubai, it is determined according to the location, area and purpose of the project.

Cost of establishing a company:

Establishing a company requires several steps taken by the investor, such as determining the type of activity to be carried out in the company, studying the market well and its needs to provide the best services to the consumer and also the clients with whom they will deal to achieve excellence and success, and then knowing the most important procedures and papers necessary to implement the establishment of the company in a proper manner.

As for the cost of establishing the company, you need to study the market well and know the best sites that provide services to reach the best prices according to the project’s location, area, and type of activity.

Establishing a company in the free zone:

Free zones are considered the best areas for investors to establish companies in, as these areas are characterized by the ease of dealing with the procedures for obtaining approvals and permits for establishing a company in the free zone, as well as the low costs in them. These areas are also characterized for investors by obtaining the possibility of full ownership of the project without the help of a local sponsor, as well as all solutions in the field of establishing commercial businesses.

Before starting to establish a project in the free zone, the following must be taken into consideration:

The legal form of the company to be established, whether it is a company, a branch of a company, or an institution.

 A suitable headquarters for the company must be chosen in the free zones.

Company name must be specified.

Carry out all procedures to conduct the work properly, such as (license and initial approval).

Finally, all investors prefer to establish a company in the free zone, especially Dubai, due to its tax advantages.

Does Dubai Free Zone allow any type of manufacturing?

Manufacturing work is available and is strictly in accordance with safety procedures.

Can a company get a license in Dubai Free Zone without renting a specific facility?

The company must rent a specific facility in order to obtain a license.

Do we need a local sponsor to establish a company in the Dubai Free Zone?

No. You will have the advantage of 100% ownership of your company in the Dubai Free Zone.

Can a business license in Jebel Ali Free Zone be transferred to Dubai Airport Free Zone?

No. You have to apply for a new business license in the Dubai Free Zone and then cancel the Jebel Ali Free Zone license or vice versa.

What activities and businesses are allowed in the Dubai Free Zone?

All commercial activities for certain products are permitted as long as they are not hazardous.

Company formation

We establish companies and all legal forms for all nationalities.

Investment opportunities

We can help you find investment opportunities for projects in Dubai through feasibility studies or through existing projects.