Increase in memberships of commercial licenses in the Ajman Chamber during the first half

Ajman Chamber seeks to implement best practices to ensure a suitable business environment, which facilitates doing business in the United Arab Emirates. All of this came within the framework of the UAE's endeavor to provide a fully conducive environment for doing business, and to support the establishment of companies and investment in the UAE. Especially since the UAE has various important ingredients that motivate entrepreneurs and investors to start investing in the UAE and take advantage of the huge advantages it provides them. Recently, the number of Ajman Chamber memberships has been increased, to exceed 22,000 new and renewed memberships, during the first half of this year. Tamm is one of the best companies that can help you establish your company in the United Arab Emirates, at the best prices and with the help of experts specialized in company formation.

Read also: Foreign investments in local stocks have reached 13.7 billion dirhams since the beginning of 2022

About Ajman Chamber

Ajman Chamber of Commercial and Industrial Licenses actively seeks to implement best practices and ensure ease of doing business in the Emirate.

In addition to its attempt to promote the economy at the local and external levels, by providing the ingredients and factors that ensure the existence of a service environment suitable for business.

In order to ensure the provision of a business environment characterized by flexibility and speed of procedures, the Ajman Chamber is one of the distinguished chambers of commerce and industry in the United Arab Emirates.

It was established in 1977 by an Emiri Decree of His Highness Sheikh Humaid bin Rashid Al Nuaimi, through which all energies and capabilities were harnessed to serve citizens and investors.

It is making many efforts to support the growth of business in the Emirate, by providing an advanced set of facilities and services, which would support the business environment in the Emirate.

Read also: Real estate companies offer facilities to attract tenants in Sharjah

Increase in membership of trade licenses in Ajman Chamber

The Ajman Chamber of Commerce and Industry succeeded in making a noticeable increase in the number of its memberships, as the total number of new and renewed memberships reached 22,206.

Which includes various types of commercial, industrial, professional, and liberal professions licenses, compared to achieving 19,866 memberships during the same period last year.

This means that it achieved a growth in the number of its memberships by 12%, and this was in the various licenses available to it as follows:

Trade License Membership

The membership of commercial licenses increased by 11,671 new and renewed memberships during the first half of 2022, compared to the number of thousands and 810 memberships in the same period, but in 2021, i.e. the growth of memberships of commercial licenses in the Ajman Chamber by 8%.

Industrial Activities Membership

The membership of industrial activities increased by 683 new and renewed memberships during the first half of 2022, compared to 634 memberships in the same period but in 2021, i.e. the growth of memberships for industrial activities in Ajman Chamber by 8%.

Professional Membership

While professional memberships increased by 9,500 new and renewed memberships during the first half of 2022, compared to 7,802 memberships in the same period but in 2021.

Liberal Professions Membership

The liberal professions membership also increased to reach 803 new and renewed memberships during the first half of 2022, compared to 567 memberships in the same period but in 2021. That is, the growth of free professions memberships in the Ajman Chamber increased by 42%.

Why did the memberships of trade licenses increase in the Ajman Chamber?

The reasons for the increase in the membership of commercial licenses in the Chamber are due to the efforts of the Ajman government in the economic sector, in addition to the tremendous development witnessed by the infrastructure in Ajman.

In addition to the establishment and completion of a highly developed road network in the Emirate of Ajman, all of this facilitated the movement of transport and consequently the advancement of the industrial areas there.

Read also: Ajman Finance and Oracle sign an agreement to establish a cloud-based management system

Investing in the UAE

The UAE provides a lot of facilities for investors, whether they are citizens or foreigners, that help them invest in various ways in the Emirates. Thanks to the new and flexible laws provided to investors, foreigners have the right to establish companies with full ownership without the need for a UAE partner. TM can help you set up your company and help you start investing in the UAE and take advantage of the huge benefits that the country offers to investors. Where the company will take care of all the necessary procedures for the establishment of your company, as well as the conduct of transactions on your behalf, and the registration of your company in full.

Read also: Abu Dhabi Judicial Department launches a smart application to participate in auctions

About TM Company

TM is one of the most powerful companies that help individuals, start-ups and small companies to launch any business easily, especially since TM adopts comprehensive solutions for all your business needs, so it is the best solution to focus on your actual business.

Which will help you efficiently in managing your business in the market, and make the task of establishing the company and following up the procedures in the hands of "TM" company, so that your company is established in Dubai and the United Arab Emirates with ease and speed.

The main objective of Tawam is to facilitate the entrepreneurship process for start-ups and small companies, as it has years of experience in establishing companies in the United Arab Emirates.

You can now book an appointment with one of the experts from TM Company to answer all questions and inquiries related to the establishment of your company, so do not hesitate to submit your application and communicate with TM Company, and you can submit your application directly from here.