Ajman Offshore

Ajman Offshore: Empowering Global Business with Seamless Solutions.

Ajman Offshore Company Formation

Established in 1988, Ajman Free Zone achieved independent status in 1996 through Emiri Decree No. 3, issued by Humaid Bin Rashid Al Nuaimi, the Ruler of Ajman. Over the years, the zone has seen a significant increase in company formations, making it a prominent hub for business activities.

Ajman Offshore Company formation, however, is a more recent development, introduced in 2014 under the regulation of the Ajman Free Zone Authority. Despite its relative newness, it has quickly gained popularity among entrepreneurs and investors.

Ajman Offshore offers a Zero Tax Structure, ensuring complete privacy and confidentiality for businesses. Additionally, it provides unique advantages, positioning itself as an attractive offshore jurisdiction for global business ventures.

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Ajman Offshore Documents

Documents Required to Begin the Offshore Incorporation Process:

  1. Passport Copies: Valid copies of passports for all company shareholders.
  2. UAE Visa or Entry Stamp Pages: Copies of valid UAE visas or entry stamp pages for all shareholders.
  3. Proof of Residence: Original proof of residence for each shareholder.
  4. Personal Profiles (CVs): Detailed personal profiles or CVs for every shareholder.
  5. Bank Reference Letters: Original bank reference letters (Good Standing Letters) for each shareholder.

Ajman Offshore Company Benefits

Ajman Offshore stands out with its well-regulated banking system, modern infrastructure, advanced communication networks, and easy access to global markets.

Opting to register an Ajman Offshore company offers several key benefits, such as tax exemptions, full foreign ownership, and a simple registration process.

Ajman Offshore Requirements

Ajman Offshore Company offers tailored offshore solutions, including business setup, asset protection, tax optimization, and streamlined international trading services.

Equity Holders

A minimum of one shareholder is required, and corporate shareholders are permitted.

Company Secretary

An offshore company is required to have a secretary, who may also serve as a director.

Ownership Structure

The capital structure of the company is determined by the shareholders.

Physical Presence

Shareholders or authorized representatives must be physically present to sign documents in the presence of AFZA executives.

Management Team

A minimum of two directors is required, and corporate directors are not allowed.

Scope of Business

Business activities are limited to the Free Zone and cannot extend beyond, including within the UAE.

Dual Responsibility

An individual can serve as both a director and a shareholder.

Capital Investment

Shareholders can invest in UAE companies.

Ajman Offshore Activities

The allowed activities for an Ajman Offshore Company are as follows: