Ajman, located on the Arabian Gulf coast, is the smallest of the seven emirates in the United Arab Emirates, covering around 260 square kilometres. H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman, established and gave autonomous status to Ajman Free Zone in 1988 via Amiri order No. 3 of 1996.
Ajman is strategically located at the entrance to the Arabian Gulf, close to Sharjah and Dubai, and has easy access to four ports and two international airports. As a result, Ajman Free Zone is well-positioned to service both the eastern and western markets. Furthermore, Ajman Free Zone is the only free zone in Ajman and has played an important part in the city’s expanding commercial development over the previous 20 years. The Ajman Free Zone Authority (AFZA) oversees awarding business licenses and company registration in the free zone.
Ajman E-Commerce License
E-commerce license is a new license category for e-commerce firms that would simplify online company entrepreneurs’ relationships with the free zone to tap into the region’s and the GCC’s burgeoning e-commerce segment. Furthermore, the new license category will enable businesses to capitalise on the development potential of e-commerce across B2C and B2B markets.
Previously, entrepreneurs who wanted to engage in e-commerce operations had to select a standard trading license category with specialised e-commerce activity. This created a great deal of uncertainty for both investors and authorities.
The UAE and the GCC have enormous e-commerce potential, with over 42% of the population apparently conducting online transactions. The Ajman Free Zone also revealed a 35% increase in the number of e-commerce licenses granted to a wide range of regional and global digital enterprises in 2016. Convenience drove this surge in demand for e-commerce licenses, which enabled it to register new firms through its e-services platform and provide the ability to conduct online transactions from anywhere in the world.
List of Activities Covered by an E-Commerce License
- E-commerce for Industrial Equipment.
- E-Commerce for Food and Beverage.
- Fashion Retail E-Commerce.
- E-Commerce for Home, Office, and Personal Utilities.
- E-commerce for jewellery and precious stones.
- Automotive e-commerce.
- Media Entertainment E-Commerce.
- E-commerce for event tickets.
Ajman Freezone Business Licensing
A business license is required by Ajman rules for the establishment of a firm in the AFZ. Along with obtaining a license, the company must determine its legal structure and trade name.
In Ajman, the following business license options are available:
National Industrial License
A corporation must meet the following conditions to be given a national industrial license:
- It must be registered with GCC (Gulf Cooperation Council) nationals, and they must own at least 51% of its shares.
- The company should carry out at least 40% of its manufacturing operations in the free zone.
- Companies with a national industrial license are entitled for duty-free customs fees to member states of the Arab Gulf Cooperation Council.
Trading License
A trading license is provided to a foreign, UAE, or free zone establishment that wants to engage in trading operations in Ajman Free Zone.
Industrial Permit
An industrial license is provided to a foreign, UAE, or free zone entity that wishes to engage in manufacturing in Ajman Free Zone.
Professional/Service Certification
A professional/service license is provided to a foreign, UAE, or free zone entity interested in providing professional/service activities in Ajman Free Zone.
E-Commerce License
Ajman freezone gives e-commerce licenses to companies to conduct business in electronic trading activities and provides investors with technical and marketing support.
More information on Ajman E-Commerce License
E-commerce license is a new license category for e-commerce firms that would simplify online company entrepreneurs’ relationships with the free zone in order to tap into the region’s and the GCC’s burgeoning e-commerce segment. Furthermore, the new license category will enable businesses to capitalise on the development potential of e-commerce across B2C and B2B markets.
Previously, entrepreneurs who wanted to engage in e-commerce operations had to select a standard trading license category with specialised e-commerce activity. This created a great deal of uncertainty for both investors and authorities.
The UAE and the GCC have enormous e-commerce potential, with over 42% of the population apparently conducting online transactions. The Ajman Free Zone also revealed a 35% increase in the number of e-commerce licenses granted to a wide range of regional and global digital enterprises in 2016. Convenience drove this surge in demand for e-commerce licenses, as a result, it enabled the registration of new firms through its e-services platform and the ability to conduct online transactions from anywhere in the world.
How Do You Start an E-Commerce Business in Ajman?
The steps are clear and simple. They are as follows:
- Choose a legal structure for your company.
- Register a trade name that is not identical to any other commercial names in the UAE.
- Create a licensing application for eCommerce.
- Request a visa.
- Establish a company bank account.
We recommend consider hiring a business setup specialist to complete this procedure for you. They will simplify things, enabling you to focus on your business activities. They will simplify things, allowing you to focus on your business activities.
Why Establish an E-Commerce Business in Ajman Free Zone?
Documentation and business registration are completed quickly and easily.
Expats can open a business in Ajman Free Zone in as little as two days. You simply need to visit the free zone authorities once to sign the documentation. Our experts can complete the remaining steps remotely.
Business Opportunities in a Variety of Industries
You can establish a company or a commercial entity in any industry. The types of enterprises that can operate in the AFZ are subject to few regulations. Expats can establish industrial, professional, or commercial firms.
Low-Cost Business Establishment
Ajman Free Zone would be suitable for people looking to start a small business. Create a modest entity in AFZ and expand it via your work, planning, and strategy. Furthermore, this jurisdiction welcomes businesses of all sizes.
Multiple Shareholders Are Allowed
The company can have up to five shareholders under AFZ. If you lack the finances to set up a limited liability business on your own, form one with partners.
Labour Costs Are Low
The lower labour costs would help to keep operating costs under control. Both blue-collar and white-collar workers can be employed at incredibly low costs. This will eventually increase your profits.
Entrepreneurs and their Families Can Apply for a Residence Visa
Entrepreneurs and their families that have a business in the AFZ are eligible for a residence visa. Furthermore, employees of the organisation might obtain a residence visa for themselves and their families. Another advantage provided by AFZ is the ability to get multiple visas.
Broad Global Reach
Airports and seaports are carefully placed so that you can investigate them for extended global reach. Ajman Free Zone’s strategic location facilitates the export and import of products, raw materials, and equipment. With the connectivity provided by the zone, businesses can thrive substantially.
Opening a Corporate Bank Account is a Simple Process
In many jurisdictions, opening a corporate bank account is a complicated process. Nonetheless, in the case of Ajman Free Zone, it is simple and straightforward. Expats can open a corporate bank account by following the simplest steps. Such a simple approach is not possible in practically all of the UAE’s other free zones.
Capital Repatriation
Expats are also permitted to repatriate their entire capital. They can send the money back to their native nation without paying any fees to the authorities. This would allow businesses to recoup their whole investment if their business plans or investment locations changed due to changes in geopolitical conditions.
Become an E-Commerce Entrepreneur with the assistance of Shuraa.
The UAE is a developing market for e-commerce firms, but if you do not establish your company in the UAE now, you may miss out on a profitable opportunity. Ajman free zone provides one of the most cost-effective e-commerce licenses in the UAE, which could be the key to your company’s success. If you apply for the license through the top business setup consultants in Ajman, such as Shuraa Business Setup, you won’t have to worry about the free zone restrictions or other requirements.
With years of expertise and hundreds of delighted customers from all over the world, we are one of the leading suppliers of company establishment services in Dubai. Shuraa offers bespoke company registration services in Dubai, such as opening bank accounts, processing visas, drafting MoA and LSA agreements, and so on. By working with us, you will gain access to strategic business formation insights as well as value-added services such as corporate tax, AML-CFT, UBO, ESR, and so on. Hire us to launch a business in Dubai with no hassles or headaches.
Call our business setup consultants at +971 4 4081900 right away to learn how they can help you realize your full company potential. Additionally, you can reach us by WhatsApp at +971 50 7775554 and email at [email protected].
