Starting your business in Ajman
Starting your business in Ajman provides cost-effective solutions and a strategic location near major markets in the UAE.
How can ScaleX add value?
Expert advise on business registration in Ajman
Get professional guidance on choosing the right business structure, navigating licensing processes, and ensuring compliance with Ajman’s regulatory requirements for a seamless setup.
Structural advisory
Expert advice on choosing the optimal business structure for your UAE incorporation, aligned with your specific business goals and regulatory requirements.
Home jurisdictional compliances
Comprehensive advisory services on RBI Overseas Direct Investment (ODI) for Indian nationals, along with guidance on FIRPTA, OFAC, AML, FEIE, CFC, FBAR, and other regulations for U.S. nationals.
Transfer pricing & XBRL
Specialized consultation on Transfer Pricing guidelines relevant in both the UAE and your home jurisdiction, including guidance on XBRL reporting compliance for effective financial transparency.
Cross border tax advisory
In-depth guidance on the UAE's Corporate Tax regime, Value Added Tax (VAT), and insights on Double Taxation Avoidance Agreements (DTAA) to optimize your tax position.
Business licenses & Residential visa
Expert advice on obtaining the necessary business licenses and residence visas required for seamless operation in the UAE, ensuring compliance with local regulations.
ESOP & FDI advisory
Receive strategic guidance on structuring Employee Stock Ownership Plans (ESOPs) and planning effective Foreign Direct Investment (FDI) strategies from the UAE for sustainable growth.
Request a discovery call
Connect with one of our business consultants to review your business plan in depth and explore how we can guide you through a compliant and efficient setup process.
For Resident Indians
RBI - ODI Compliances for Indian founders & businesses
The Reserve Bank of India has put forth guidelines for foreign investments from India via FEMA regulations, 2022. Being a tax resident in India, an Individual/a body corporate must abide by this regulation while setting a business outside the country. ScaleX Business with its team of expert consultants and advisors can help you navigate and be compliant with these regulations.
Add on services
Get started. Pick an accounting plan that suits your business.
Not expecting much transactions in the first year?
You may choose the basic accounting plan to get started and upgrade later. Need a custom quote ? Feel free to contact us.
Accounting Basic
Suitable for small companies with an expected yearly transaction of 100 line entries overall.
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Upto 100 line entries a year
Line entries are in and out transactions combined.
- Upto 50K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 100 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
Accounting Pro
Suitable for companies with expected yearly transaction of upto 400 line entries in a year.
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Upto 400 line entries a year
Line entries are in and out transactions combined.
- Upto 800K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 400 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
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MIS Reporting
Monthly review call
- Corporate Tax Consultation
Incorporation timeline
Steps to set up a company in Ajman main land
Setting up a company in Ajman Mainland involves selecting a legal structure, obtaining initial approvals from the Department of Economic Development (DED), and registering the trade name. Finalize the license, secure office space, and complete visa and labor card formalities.
01.
Very important
Check if you are allowed to setup a business abroad
Certain countries have restricted or has kept complex reporting mechanisms to control and to keep in check foreign investments made by its residents. Being a founder setting up abroad, you have to have full knowledge that you are complying to those home jurisdictional compliances while setting up in the UAE.
Note: Certain countries prevent setting up a foreign company and or impose hefty penalties for violation.
02.
Choose a Legal Structure
Reserve and register a unique trade name with the Ajman Department of Economic Development (Ajman DED).
03.
Trade Name Registration
Reserve and register a unique trade name with the Abu Dhabi Department of Economic Development (DED) that aligns with your business activities.
04.
Initial Approvals
Obtain preliminary approvals from Ajman DED and other authorities for your chosen business activities.
05.
Secure Office Space
Lease or rent a physical office in Ajman Mainland, a mandatory requirement for business registration.
06.
Obtain the Business License
Apply for and receive the required business license, such as commercial, industrial, or professional, from Ajman DED.
07.
Register with Authorities
Complete registrations with the Chamber of Commerce, Ministry of Labor, and immigration authorities to operate legally.
08.
Finalize Visa and Labor Card
Process visas and labor cards for investors and employees to commence operations in Ajman Mainland.
09.
Start operations
Once all the steps are complete, you may start operations in your newly incorporated mainland company in Abu dhabi.
Documents required
Documents Required for Mainland Company Setup in Ajman
Documents required for offshore company setup in Ajman include passport copies, proof of address, personal profiles, and bank reference letters for all shareholders and directors.
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Passport copies of all shareholders and directors
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Address Verification Letter from Current Employer or, if currently a UAE citizen
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Two current photos of the applicant, each with a white backdrop and passport size
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A copy of your Emirates ID
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Visa copy, if you are already in the UAE
Get started. Set up your business in Ajman, UAE
Why Ajman ?
Benefits of Opening a Company in Ajman
Opening a company in Ajman offers cost-effective setup options, 100% foreign ownership in free zones, and access to a strategic location near key markets. Ajman’s business-friendly regulations and streamlined processes support rapid growth and operational efficiency.
