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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.
An Internationally Respected Jurisdiction
100% repatriation of capital and profits is permissible for Ajman offshore setups
Ajman offers the UAE's most budget-friendly free zone registration
Ajman company formation allows for 100% foreign ownership
Typically, the Ajman offshore company setup takes 2 to 3 working days
A physical office presence within the UAE is optional for an Ajman Offshore Company
Setting up an Ajman offshore company enables you to operate bank account(s) within the UAE or internationally
There is no obligation for paid-up share capital in Ajman offshore company formation
Shareholders' and directors' information remains private
Ajman offshore companies enjoy zero taxation
A minimum of one shareholder is needed, and corporate shareholders are accepted
Shareholders determine the company's capital structure
At least two directors are required, with no provision for corporate directors
An individual can hold both director and shareholder positions
An offshore company must have a secretary, who can also be a director
Shareholders or authorised attorneys must be physically present to sign documents before AFZA executives
An official registered agent must be appointed, with their office address serving as the Ajman Offshore Company's address
The company's name must conclude with "Limited"
The company can own a maximum of three properties
Business activities are confined to the Free Zone and cannot extend outside, including transactions within the UAE
Shareholders are allowed to invest in UAE companies
UAE residence visas cannot be obtained based on the Ajman offshore company
To initiate the offshore incorporation process, the following documents are necessary:
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 the following:

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
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.
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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