Ajman is the capital city of the Emirate of Ajman; one of seven Emirates of the United Arab Emirates. This city dates back to its founding in 1816, and while you may not require extensive knowledge of the history of this city while trying to successfully establish a business setup in Ajman, you must realize that its history that makes Ajman what it is today, it has an impact on Ajman’s economy, and shapes the Ajman marketplace.
For foreign businesses and entrepreneurs, knowledge of Ajman must exceed beyond trivia pertaining to the history of this city, and one must delve into the city’s current economic standing, opportunities for foreign business in the city, infrastructure, rules, norms and regulations applicable to a foreign business setup in Ajman. Read further to know more on this subject.
Licensing Requirements for Setting up a Business in Ajman
Like any other city in the world; foreign and local businesses require licensing to operate in Ajman. For foreign entrepreneurs and commercial entities; setting up shop in Ajman and getting the necessary licensing to commence operations may present a challenge, as these foreign entities are very unlikely to be experts in Ajman laws, regulations, norms and requirements that apply to foreign businesses. In such a scenario, it helps to employ the services of a local business consultant to successfully acquire licensing for a business setup in Ajman.
Ajman Free Zone
The subject of the Ajman Free Zone is not complicated. However, foreign commercial entities and entrepreneurs require a working knowledge of the Ajman Free Zone while setting up operations in this city. One may choose to operate from outside the Ajman Free Zone depending on the availability of licensing. However, foreign enterprises looking towards expansion in the Ajman market, can benefit from understanding what the Ajman Free Zone has to offer in terms of infrastructure, tax cuts and other potential advantages. 20% of the UAE’s industrial units operate out of Ajman. This free zone can accommodate 1500 companies and about 256 industrial ventures operate out of this free zone. Once again, a local business consultant can help foreign industrial ventures establish a business setup in Ajman, with an emphasis on meeting all requirements, delivering all documentation, and acquiring licenses to operate out of the Ajman Free Zone.
In brief, foreign entrepreneurs and business entities stand to benefit from an understanding of Ajman that encompasses…
- An understanding of the laws, norms and regulations that apply to foreign businesses operating in Ajman.
- An understanding of licensing and registration requirements.
- An understanding of the city and the opportunities it provides to foreign businesses.
- An initiation to the Ajman Free Zone
Fortunately, all of the above can be achieved with the assistance of UAE-based businesses consultants that specialize in the process of getting a foreign business setup in Ajman off the ground. One such consultant to rely on is Arab Business Consultant. Know more about this reputed business consultancy firm on www.arabbusinessconsultant.com.
