Ajman Offshore Company Setup
A business-friendly environment to establish your venture here, hassle-free and tax-free.
Ajman Offshore Business Setup
Established in 1988, Ajman Free Zone gained independent status under Emiri Decree No. 3 of 1996, courtesy of Humaid Bin Rashid Al Nuami, Ajman’s Ruler. In recent times, there has been a remarkable surge in the formation of companies in the Ajman free zone. The inception of offshore company formation in Ajman, however, occurred relatively recently, starting in 2014.
Regulated by the Ajman Free Zone Authority, Ajman Offshore Company has swiftly become a favoured option for offshore company formation. Much like other offshore jurisdictions, Ajman Offshore offers a Zero Tax Structure, ensuring confidentiality and privacy. In addition, it presents a range of distinctive benefits to investors and entrepreneurs.Â
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Benefits of Starting an Ajman Offshore Company
Ajman Free Zone
An Internationally Respected Jurisdiction
Ajman offshore companies enjoy zero taxation.
100% repatriation of capital and profits is permissible for Ajman offshore setups.
Swift and Cost-Effective Registration Process
Ajman offers the UAE's most budget-friendly free zone registration.
Complete Foreign Ownership
Ajman company formation allows for 100% foreign ownership.
Efficient Registration Timeline
Typically, the Ajman offshore company setup takes 2 to 3 working days.
No Physical Office Requirement
A physical office presence within the UAE is optional for an Ajman Offshore Company.
Global Banking Access
etting up an Ajman offshore company enables you to operate bank account(s) within the UAE or internationally.
No Minimum Paid-Up Capital
There is no obligation for paid-up share capital in Ajman offshore company formation.
Confidentiality Maintained
Shareholders' and directors' information remains private.
Tax-Free Environment
Ajman offshore companies enjoy zero taxation.
Ajman Free Zone
An Internationally Respected Jurisdiction
Swift and Cost-Effective Registration Process
Ajman offers the UAE's most budget-friendly free zone registration
Efficient Registration Timeline
Typically, the Ajman offshore company setup takes 2 to 3 working days
Global Banking Access
Setting up an Ajman offshore company enables you to operate bank account(s) within the UAE or internationally
Confidentiality Maintained
Shareholders' and directors' information remains private
Tax-Free Environment
Ajman offshore companies enjoy zero taxation
Ajman offshore companies enjoy zero taxation.
100% repatriation of capital and profits is permissible for Ajman offshore setups
Complete Foreign Ownership
Ajman company formation allows for 100% foreign ownership
No Physical Office Requirement
A physical office presence within the UAE is optional for an Ajman Offshore Company
No Minimum Paid-Up Capital
There is no obligation for paid-up share capital in Ajman offshore company formation
Ajman Offshore Company Requirements
Shareholders
A minimum of one shareholder is needed, and corporate shareholders are accepted
Capital Structure
Shareholders determine the company's capital structure
Directors
At least two directors are required, with no provision for corporate directors
Dual Role
An individual can hold both director and shareholder positions
Secretary
An offshore company must have a secretary, who can also be a director
Physical Presence
Shareholders or authorised attorneys must be physically present to sign documents before AFZA executives
Registered Agent
An official registered agent must be appointed, with their office address serving as the Ajman Offshore Company's address
Company Name
The company's name must conclude with "Limited"
Property Ownership
The company can own a maximum of three properties
Business Scope
Business activities are confined to the Free Zone and cannot extend outside, including transactions within the UAE
Investment
Shareholders are allowed to invest in UAE companies
Residence Visas
UAE residence visas cannot be obtained based on the Ajman offshore company
Shareholders
A minimum of one shareholder is needed, and corporate shareholders are accepted.
Capital Structure
Shareholders determine the company's capital structure.
Directors
At least two directors are required, with no provision for corporate directors.
Dual Role
An individual can hold both director and shareholder positions.
Secretary
An offshore company must have a secretary, who can also be a director.
Physical Presence
Shareholders or authorized attorneys must be physically present to sign documents before AFZA executives.
Registered Agent
An official registered agent must be appointed, with their office address serving as the Ajman Offshore Company's address.
Company Name
The company's name must conclude with "Limited."
Property Ownership
The company can own a maximum of three properties.
Business Scope
Business activities are confined to the Free Zone and cannot extend outside, including transactions within the UAE.
Investment
Shareholders are allowed to invest in UAE companies.
Residence Visas
UAE residence visas cannot be obtained based on the Ajman offshore company.
Required Documents for Ajman Offshore Company Formation :
To initiate the offshore incorporation process, the following documents are necessary:Â
Passport copies of all company shareholders
Copies of valid UAE Visas or Entry Stamp pages
Original proof of residence for each shareholder
Personal profiles (CVs) of each shareholder
Original bank reference letters (Good Standing Letters) for each shareholder
Passport copies of all company shareholders
Copies of valid UAE Visas or Entry Stamp pages.
Original proof of residence for each shareholder.
Personal profiles (CVs) of each shareholder.
Original bank reference letters (Good Standing Letters) for each shareholder.
Corporate Shareholder Criteria include
Corporate Shareholder criteria include the following:
Parent company's Incorporation Certificate
Memorandum and Articles of Association
Board Resolution affirming intent for Ajman Offshore company formation
Certificate of Good Standing
Passport copies of two (2) Directors
Parent company's Incorporation Certificate.
Memorandum and Articles of Association.
Board Resolution affirming intent for Ajman Offshore company formation.
Certificate of Good Standing.
Passport copies of two (2) Directors.
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Permissible Activities for Ajman
Offshore Company
The permissible activities for Ajman Offshore Company are as follows:
Holding Company Functions
General Trading under Ajman Offshore Company
Provision of Professional Services within Ajman Offshore Company
International Service Operations
Investment and Joint Investment Ventures
Shipping and Ship Management
Commission Agent Roles, including Intermediary Brokers (IBs)
Advisory and Consulting Services
Property Ownership Opportunities
Holding Company Functions
General Trading under Ajman Offshore Company
Provision of Professional Services within Ajman Offshore Company
International Service Operations
Investment and Joint Investment Ventures
Shipping and Ship Management
Commission Agent Roles, including Intermediary Brokers (IBs)
Advisory and Consulting Services
Property Ownership Opportunities
Why Choose Shuraa Business Setup?
We specialise in Consultancy and PRO Services for establishing Offshore Companies.Â
We manage every aspect of the documentation process for Ajman Offshore company formation, encompassing MOA preparation, application form submission, and document processing. We expertly handle all paperwork and secure approvals from Ajman Free Zone authorities.Â
