Ajman Company Formation Cost Requirements Process information
Documents Required
- Passport copy of the owner and partners (if corporate then company documents )
- 5 Choices of Trade Name / company name
- NOC from employer or current sponsor if UAE resident / Tourist Visa copy if visitor/tourist
External Approvals
If any (Not Required for all Trade licenses .)
Process
- Name Reservation (think of 5 company names based on priority we will reserve the one available )
- Initial Approval
- Local Service Agent agreement or MOA signings online or at service center .
- Office Lease agreement to be arranged by investor emailed to us (copy), virtual office is acceptable for some activities in Ajman .
- Getting SEWA connection for utilities (water & electricity ) if renting an office for the business , we can assist through out this process if renting an office space in a business center this isn’t required .
Cost Breakdown for License
Ajman DED Government business license Fee first year | |||
Description | USD | AED | |
Initial Approval and DED form | 81 | 300.00 | One time |
Name Reservation | 207 | 760.00 | One time |
Department of Economic Development License fee (Approx…) | 2722 | 7000 to 8000 | Annually |
Local Service Agent Fee | 1640 | 6,000 | Annually |
Immigration Establishment Card Fee | 614 | 2250 | Annually |
License Registration service fee | 550 | 2000 | One time |
Total | 5262 | 19310 | First Year |
Optional services Fees | |||
Ministry of Human resources and Emaratization | 42 | 153 | onetime |
Physical office is compulsory in Ajman and no virtual office option available (estimated annual rent) | 2724 | 10000 | Annually |
Investor Visa | 1010 | 3700 | Valid for 3 years |
Next Year Onward Professional License renewal cost after two years | ||
Description | USD | AED |
Local Service Agent Fee | 1640 | 6000 |
Ajman DED Economy License renewal cost | 1640 to 2730 | 6000 to 10000* |
Physical office rent estimated | 2724 | 10000 |
Ajman DED Professional license renewal cost (our Service fee) | 136 | 500 |
Total | 6438 | 13,700 |
Note
- Once payment voucher is issued whatever is the difference need to pay as the amount mention in the breakdown is estimated fees only (Ajman DED fees varies depending on the business license activity).
- External Approval Fees not included ( as per government department receipts )
- Investor / Partner Visa fees fees not included you can choose to apply if you are not UAE resident during checkout process .
- MOA – partners requires personal appearance in notary for signing
- Government actual receipts will be provided.
- Cost does not include investor, employment or dependent visa fees of the company and office space rent.
- ** You can either choose to lease own physical office space or rent in a business center if you wish to apply for employee visas or without if you want only your investor visa and need bank account opening inspection done.
- Foreign Trade name fee of AED 2000 not included .
- Trade license renewal fees is estimated and final fees shows on license renewal payment voucher from Ajman Economic Department.
- A refundable deposit of AED 5000 is paid to Ajman Immigration department to gain access to online visa services of eChannel system a mandatory system to apply any type of visas for investors and employees and is refunded once the company business license is cancelled .
- Cost above excludes owner accommodation fee 13% of annual rent and municipality fee 5% of tenancy agreement .
Office options
USD | AED | |
Physical office rent estimated | 2724 per year | 10,000 per year |
Company Investor, dependents and employee visas cost break-down
Investor Visa fee
- Visa application fee :AED 3500(valid for 3 years)
- Our service fee: AED 250 (new) AED 150 (renewal) (optional PRO )
- Visa Renewal fees: AED 150
- Cancellation of Visa fee: AED 150 ( plus estimated 560 government/services fees)
Dependents(wife,son,daughter) visa fee
- Visa application fee: AED 2500 (valid for 3 years)
- Our service fee: AED 250 (new) AED 150 (renewal) (optional PRO service)
- Visa Renewal fee: AED 150
- Cancellation of Visa fee: AED 150 ( plus estimated 560 government/services fees)
Employment Visa fee
- Visa application fee: AED 3500 (valid for 2 years)
- Change status & entry inside the country will be additional – 1500 AED per visa application
- Our service fee: AED 250 (optional PRO service)
- Visa Renewal fee : AED 150
- Cancellation of Visa fee: AED 150 ( plus estimated 560 government/services fees)
Time frame
- Time frame is mainly depend on applicant completion of requested documents
- License is usually issued within 10 to 12 days from the date of application in the department(due to COVID 19 some delay me be expected .
- Investor visa process takes 7 to 12 days once we issue the license .
- Employment Visa process takes about 15 days .
Book a free consultation today! Call us on +97145667485 or WhatsApp on +971551129344. You may also chat with a live agent on our website https://www.dubaibusinessservices.com/ , request a call back on https://www.dubaibusinessservices.com/contact-us/ or visit our office Clover Bay Tower Office 1111, Business Bay Dubai UAE.