Registering Akiman: A Complete Guide to the List and Preparation of Core Materials

As one of the most dynamic free trade zones in the UAE, Ajman has become a core hub for global companies in the Middle East market with its 100 per cent foreign ownership policy, zero corporate income tax and flexible registration process. However, the documentation, industry restrictions and compliance requirements involved in the registration process often confuse investors. This paper will systematically sort out the core information and practical operation points required for Akiman's registration.

1. Basics: Company Name and Bylaws Compliance

1. Company name approval

the Akilman company name is subject to the following rules:

language and Format: The name must be in English and end with "Limited", "LTD" or its abbreviation.

Prohibited words: Do not include sensitive words such as "Bank", "Insurance", "Royal" and "Trust" unless specifically approved by the Federal Government.

Uniqueness requirements: 3-5 alternative names are required to be verified through the official website of the Akiman Free Zone Authority (AFZA) or the agency to avoid duplication.

2. Articles of Association (Memorandum of Association)

core content: Need to clarify the company's business scope, shareholder structure, registered capital, profit distribution rules, etc.

Signing requirements: All shareholders must sign the articles of association and attach a notarized certification document (if the shareholder is an overseas entity).

Language version: It is recommended to prepare both English and Arabic versions to meet local legal requirements.

2. Shareholder and Director Information: Identity and Credit Double Verification

1. Shareholder Information

natural person shareholders: copy of passport (including signature page), recent 6-month bank statement, personal credit certificate (issued by bank) and address certificate (e. g. utility bill, bank statement) are required.

Corporate shareholders: the business license of the parent company, the articles of association, the resolution of the board of directors (authorizing the registration of akiman company) and the good existence certificate shall be provided, and all documents shall be notarized and certified.

2. Director Information

requirements: at least 1 director, can be a natural person or a legal person, no nationality restrictions.

Core documents: copy of passport, resume (including education and business background), electronic signature (for signing the power of attorney) and contact information (email, telephone).

Special scenario: if the director is an overseas resident, an Arabic translation is required and certified by notarization.

3. Registered Address Proof: Virtual Office and Physical Address Trade-off

1. Free Zone Address Advantage

virtual office: AFZA allows businesses to register using virtual addresses without actually renting office space at a lower cost.

Entity office: if actual operation is required (such as receiving customers and storing equipment), a lease contract (signed in the name of the company) and a copy of the property ownership certificate shall be provided, and the lease term shall cover the validity period of the registration.

2. Address Proof Documents

virtual address: Proof of address use by an agency authorized by AFZA.

Physical address: The lease contract, landlord's identification (copy of passport or ID card) and rent invoice are required.

Risk Warning: A Chinese trading enterprise was fined by AFZA and included in the "abnormal business list" for using false address certificates, resulting in the freezing of bank accounts.

4. Business Scope and Industry Additional Requirements

1. General industry

free zone enterprises: can be engaged in trade, logistics, consulting, technology and other non-sensitive industries, without additional licensing.

Mainland companies: if they do business in the UAE, they must comply with the "Omanization" policy (preferential employment of local employees) and industry access rules.

2. Special industry

finance, Insurance: Approval from the Central Bank of the United Arab Emirates (CBUAE) is required and minimum capital requirements are met (e. g. AED 10 million for insurance companies).

Medical, education: need to pass the Ministry of health or the Ministry of education certification, and submit professional qualification certificate.

Manufacturing: Environmental assessment report and production equipment list shall be provided.

5. Practice: Agent Service and Process Optimization

1. The role of professional agencies

document preparation: Assist in sorting out shareholder information, drafting articles of association and translating documents.

Process follow-up: check the name, submit the application, obtain the license and engrave the official seal.

Compliance consulting: Provide guidance on industry access, tax planning and labor law.

Zhuoxin Enterprise provides agency services such as domestic and foreign company registration, bank account opening, annual tax return, agency bookkeeping, trademark registration, ODI Overseas Investment Filing, etc. If you have any business needs in this area, please feel free to consult our online customer service!