Ajman Offshore Company Setup
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About Ajman Offshore Companies
Where are Ajman Offshore Companies Registered?
- Ajman offshore companies are registered with Ajman Free Zone (AFZ), located in the Emirate of Ajman, United Arab Emirates.
- These companies are referred to as International Business Companies (IBCs) or offshore companies under the applicable regulations.
- AFZ operates a state-of-the-art Registry, adhering to international standards and best practices observed by other offshore jurisdictions worldwide.
- Confidentiality: AFZ prioritizes the confidentiality of shareholders, keeping their identities strictly confidential according to the law.
Ajman offshore companies can serve various objectives, including:
- Asset protection
- Trading
- Tax planning
- Real estate holding
- Estate planning
Ajman offshore companies are quick and easy to set up, requiring only one director and one shareholder, who can be the same person.
Main Features of Ajman Offshore Companies:
- Modern Legislation
- Zero Taxes
- 100% Foreign Ownership
- Single or Multiple Directors
- Ownership of Shares in Local Companies
- Zero Paid-Up Capital
- No Accounting and Audit Requirements
- No Nationality Restrictions
- Conduct Business Outside the UAE
- Bank Accounts in the UAE and Abroad
- No Limitation on Capital Expatriation
- Registered Address in the UAE
Activities Not Permitted for Ajman Offshore Companies:
- Financial Services
- Insurance and Re-Insurance
- Media
- Aviation
- Conduct Business with Onshore Companies in the UAE
- Establishing a Branch in the UAE
Activities Allowed for Ajman Offshore Companies:
- International Trade
- Brokerage Activities
- Intellectual Property Rights Holding
- Property Holding in Ajman
- Online Advertising Activities
- Consultancy
- Registration of Ships
- Trading in Stock Markets
3 Simple Steps
Setting Up your business in Ajman explained in three (3) simple steps
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Other Options
Other Options you maybe interested to set up your business in UAE and Dubai
Meydan Free Zone
- Free zone based in Dubai
- Up to 49 shareholders
- Professional, commercial, and industrial license
Dubai Mainland
- Access to Local Market
- 100% Foreign Ownership
- Flexibility in Office Location
RAK Offshore
- 0% Income Taxes
- International Business Operations
- Business Expansion and Diversification
IFZA
- Free zone based in Dubai
- Up to 3 shareholders
- Professional, commercial, and industrial license
Timeline
Step by step process of offshore company formation in Ajman, UAE
Frequently Asked Questions
Here are the most frequently asked questions regarding Ajman Offshore company formation.
Ajman offshore companies offer several benefits, including zero taxes, 100% foreign ownership, no paid-up capital requirement, no accounting and audit requirements, and confidentiality of shareholders' identities.
The process involves selecting a company name, preparing and submitting the required documents, appointing directors and shareholders, and registering with the Ajman Free Zone Authority. Once approved, the company can start its operations.
No, Ajman offshore companies are not permitted to conduct business within the UAE mainland. They are intended for international business activities, asset protection, and holding investments.
The essential documents include a completed application form, passport copies of directors and shareholders, proof of address, and a detailed business plan. Additional documents may be requested by the Ajman Free Zone Authority.
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Why Business Setup in UAE?
Maximize your earnings with the UAE’s 0% income tax policy.
- Repatriate 100% of your capital and profits to your home country.
- Capitalize on the growing market demand spurred by Expo 2020.
- Enjoy customs duty exemptions on imports and exports.
- Leasing office space might not be necessary, depending on the zone.
- Experience minimal paperwork and auditing requirements.
- Access new markets across the Middle East, Africa, Europe, and Asia.
- Full company ownership & easiest online processes.
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