Ajman Offshore

Let us look at the advantages which make Ajman offshore business setup a preferred choice among entrepreneurs worldwide-

• Tax-free environment
• No capital requirements
• Cost-effective freezone in the UAE
• Enhanced privacy and confidentiality
• Can have an international bank account
• Flexibility of having a virtual office in UAE
• Business registration within two to three days
• Full foreign ownership and repatriation of profits allowed
• Prominent trading hub due to its proximity to the Ajman Port

The procedures listed below can help you set up your Ajman offshore business more quickly.

• Choose Trade Name

Avail a trade name certificate from the Ajman Free Zone Authority by deciding on a unique business name and complying with the naming conventions.

• Documentation

Submit the requisite documents along with the application form to AFZA and wait for them to review your details to obtain approval.

• Signing of Documents

After preparing your AoA and MoA, you must sign the documents before AFZA and comply with other necessary regulations.

• Open a Bank Account

Fulfil all the requirements specified by the bank to successfully open an account and obtain the certificate of good standing.

• Register the Offshore Company

Once all the above-mentioned steps are completed, pay the required fees and register with the company. You will receive the certificate of incorporation, share certificate and company stamp post-incorporation.

The typical traits of an offshore business in Ajman are listed below.

• You must appoint a secretary.
• A UAE resident visa cannot be held
• A maximum of three properties can be owned
• The company’s name must end with ‘Limited’
• You cannot engage in business activities outside of the free zone
• The shareholders must appoint an official registered agent
• A minimum of one shareholder and two directors are required
• An individual can perform the role of both (a director and shareholder)

The following list includes some of the activities that are permitted for the formation of an offshore company in Ajman.

• Investment and financial activities
• Professional Services (e.g. – lawyer.)
• International service operations
• Advisory/ consultancy services
• General Trading
• Stake holding

To guarantee Ajman Offshore Company Formation, you must provide the Ajman Free Zone Authority with a number of documents, including

• Copy of valid UAE visas
• Copy of board resolution
• Copy of each shareholder’s CV
• Copies of valid shareholder passports
• Copies of good standing certificate for each shareholder
• Copies of Memorandum of Association (MoA) and Articles of Association (AoA)

To streamline company registration and get a detailed breakdown associated with Ajman offshore company cost, reach out to our business advisors. We can provide a customised and cost-effective business setup experience. Let our professionals handle all the legalities involved in offshore company formation in Ajman.

Contact us to learn more about the formation of the Ajman offshore company!