Ajman Offshore Company Setup

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Ajman Offshore Company Setup

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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.

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

Setting 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 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

Required Documents for Ajman Offshore Company Formation :

To initiate the offshore incorporation process, the following documents are necessary:

Required Documents for Ajman Offshore Company Formation
01

Passport copies of all company shareholders

02

Copies of valid UAE Visas or Entry Stamp pages

03

Original proof of residence for each shareholder

04

Personal profiles (CVs) of each shareholder

05

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

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UAE business setup

Permissible Activities for Ajman Offshore Company

The permissible activities for Ajman Offshore Company are as follows:

  1. 01

    Holding Company Functions

  2. 02

    General Trading under Ajman Offshore Company

  3. 03

    Provision of Professional Services within Ajman Offshore Company

  4. 04

    International Service Operations

  5. 05

    Investment and Joint Investment Ventures

  6. 06

    Shipping and Ship Management

  7. 07

    Commission Agent Roles, including Intermediary Brokers (IBs)

  8. 08

    Advisory and Consulting Services

  9. 09

    Property Ownership Opportunities

Why Choose Shuraa Business Setup?

We specialise in Consultancy and PRO Services for establishing Offshore Companies.

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.

The Top-Rated Business Setup Consultancy in the UAE

Shuraa Business Setup is the highest-rated business setup consultancy in the UAE, providing expert guidance and comprehensive service to help entrepreneurs establish and grow their businesses seamlessly.

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