Do you live in Ajman and are planning to set up your business? Were you wondering how much you would need to pay for the Mainland license. Today, Ajman is gradually emerging as the best destination for a new company formation because of the reasonable costs of setting up a business and friendly business landscape. But how much can it take you financially to start a company in Ajman?
In this post, we will look at the Ajman Mainland license costs, additional charges, and everything else you should know before starting a business setup in Ajman mainland. Let’s discuss it:
Why Is a Trade License Necessary for Company Formation In Ajman Mainland?
A trade license is one of the basic essential qualifications that every business holder should have for a company formation in Ajman or to carry out their business operations in a specific region of the country freely.
Before knowing the Ajman mainland license costs, one has to understand the importance of a business license to carry out services in Ajman. A commercial license is a permit to engage in business within an emirate. This law applies to every business in the UAE, from the individual owned ‘one man’ business to partnerships, companies and limited companies.
Why Is Ajman Mainland A Great Choice for Company Setup?
Entrepreneurs looking to start their businesses can find Ajman Mainland a great place. It is an emirate on the Arabian Gulf coast and is bordered by Umm Al Quwain on one side and Sharjah on the other
According to the Department of Land and Real Estate Regulation, in 2024, the highest share of the market was in the commercial segment, valued at AED 1.97* billion, Industrial (AED 158* million) and residential (AED 119* million).
Moreover, Ajman mainland offers the most popular industries like real estate, retail, construction, transport, and business services. The Department of Economic Development in Ajman provides all professional licenses and governs this jurisdiction. The following are the advantages of setting up a business in Ajman Mainland:
- Low setup cost
- Foreign Ownership facility
- Modern architecture
- Office rentals offer affordable pricing
Common Business Licenses In Ajman Mainland
Trade licenses offered in Ajman mainland suit the different trading activities as well as the needs and wants of the business people. Let’s examine some of the most prevalent types of licenses that are required for mainland company formation:
- Trading or Commercial License
This form of license is the most rudimentary. If your trading company deals with specified services or goods in the market, you need to have a trading license. It supports diverse business services in Ajman mainland such as importation, exportation, distribution and re-exportation of goods and entertainment products.
- Industrial or Manufacturing License
This is applied to applicants within the industrial or manufacturing sector who are seeking a license to do production of goods and services. To get a manufacturing license for Ajman mainland business setup one must contain manufacturing, processing and assembly facilities. Also, their industry must include importation of raw materials, production of enumerated products or commodities and exportation.
- Pioneers Package
To provide flexible, professional liberty, this form of license has been developed especially for young business people. Pioneers package is good for postgraduates and small business entities at cheap rates without drawbacks in terms of lifetime costs.
- Freelance License
Because the Ajman government wants to propel this industry within the UAE, the government is currently issuing freelancer licences. The economic renewal rates in this competing freelancing market give firm enhancements to thriving business progress.
- E-commerce License
Currently, the usage of e-commerce in the UAE is growing faster. With an e-commerce license, Ajman can help people and e-entrepreneurs to deepen their electronic trading in b2b and b2c platforms. This Ajman trade license covers the following wide range of business activities:
- Fashion Retail E-Trading
- Photos and Video e-Commerce
- Food and Beverage e-Commerce
- Media and Entertainment e-Commerce
- Industrial Equipment Electronic Trade.
- Automotive E-Commerce
- Home, Office and Personal Utensils – Online Shopping.
How to Get a Trade License for Ajman Mainland Company Formation?
Follow the below steps to get a trade license for mainland company formation in Ajman:
1. Do A Lot Of Market Research
Always go through market research before starting the process of business setup or applying for a business license. In order to have a competitive advantage in Ajman’s mainland business environment, you have to know the target audience, your competitors and industry trends.
2. Type of Business Activity and Legal Structure
You must have a well defined business activity to participate in and a legal business structure. This will decide what type of business license you should register. Talking to an attorney or business setup consultant like Xpert Advisory can help you make a smart choice.
Through Xpert advisory consultants’ guidance, you can make decisions regarding company setup on a strong foundation of success in Ajman Mainland.
3. Select A Company Name For Your LLC And Reserve It
A unique and memorable trade name is necessary for Ajman mainland company formation. However, once a business name is selected, it must be reserved by the Department of Economic Development in Ajman to ensure it is available. Usually, reserving a domain name includes filling out an application for business formation and making an obligatory fee payment.
4. Get Ready with Necessary Documentation
Collect all necessary documents to speed up your application for a business license in Ajman.
- Copies of Passport of shareholders or investors.
- Phone and email, and proof of residential address.
- Full business plan
- License application
- Fees payment receipt
- The second requirement is a Name Approval letter from the Department of Economic Development (DED).
Check that all documents are complete, valid and meet the DED requirements for company setup in Ajman.
5. Submit the Application
All the necessary documentation is now in your hands, and you can finally submit your application to get a license for your new business. Applications can be made to the online application portal or by visiting the DED in Ajman.
6. Approval and Review Process
After submission of your application, your application is then thoroughly reviewed by the authorities. This evaluation includes authenticating the pledged documents, running a background check, and complying with the regulations. The approval process may take several weeks, but a decision will be made within a few weeks.
7. Obtain a Business License
On approval, you will receive your business license from the DED. Types of business activity allowed, terms of validity, and other conditions will be clearly written on the license.
8. Renewal and Compliance
Generally, Ajman mainland trade licenses are valid for one year. If your license expires, it is crucial to replace it so your business in Dubai isn’t affected. Be sure to abide by all regulatory requirements and laws to operate in Ajman.
What’s the License Cost In Ajman Mainland?
The cost of establishing your business in Ajman Mainland depends on the type of license you need, but the minimum license pricing starts at AED 12000* – 32000*.
There are license fees and other potential costs, such as office space, which can vary quite a bit from business location and the size of your company in Ajman mainland. Also included in those expenses are local sponsor fees, if applicable, as well as visa and permit costs.
The price is only an estimate, and it will vary. Contact Xpert Advisory business setup experts for an accurate cost breakdown for your Ajman mainland license.
Final Words
For a company formation in Ajman mainland, a trade license is required to keep the business on the legal track and gain access to business opportunities. Ajman offers different options, such as e-commerce licenses, industrial licenses, trading licenses, etc., to meet people’s business needs. Although the Ajman Mainland license cost depends upon the license type, working with good business setup consultants in Ajman like Xpert Advisory can help you get through the process quickly.
Get in touch with Xpert Advisory today and start your business setup process in Ajman Mainland in a hassle-free way.
FAQs
What Is The Cost Of A Cafeteria License In Ajman?
A cafeteria having 50 seats will have to pay 10,000 AED* for the license. However, 500 AED* is required for additional seats. Also, you need a food hygienic license, which costs 5000 AED* per year, and you need to register your equipment, which costs around 1000 AED* for every item to conduct business.
How Much Does It Cost To Start A Business In Ajman Free Zone Authority?
The Ajman Free Zone company setup cost can be anywhere from AED 6,000 to AED 17,000*. The fees depend on how many licenses there are, along with an E-channel deposit, business registration fee, visa, medical checkup, Emirates ID, and other business requirements.
What Is Ajman’s Golden Visa?
The visa lets you travel around the UAE and retain your UAE residence without any hassles. Golden Visa lets you sponsor your spouse, children, dependable siblings or parents. You can sponsor household helpers as well. Ajman offers an easier life with a UAE driver’s license and a bank account.
