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Ajman Offshore Company Formation

Effortlessly establish your business with our Ajman Offshore Company formation services!

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Ajman Offshore Company Formation

Setting up an offshore company gives you access to a vibrant business environment and plenty of resources. Since 1988, Ajman Free Zone has been a popular choice for entrepreneurs, making it a great place to establish an offshore company.

With growing investment and support from the Ajman Free Zone Authority (AFZA), forming an offshore company in the UAE is increasingly appealing, offering many opportunities and advantages.

Procedure for Ajman Offshore Company Formation

  • Choose a Trade Name
    Select a unique business name and obtain a trade name certificate from the Ajman Free Zone Authority, ensuring compliance with naming conventions.

  • Documentation
    Submit the required documents along with the application form to AFZA and await their review and approval.

  • Signing of Documents
    After preparing your Articles of Association (AoA) and Memorandum of Association (MoA), sign the documents before AFZA and adhere to any additional regulations.

  • Open a Bank Account
    Meet all bank requirements to successfully open an account and obtain a certificate of good standing.

  • Register the Offshore Company
    Once all previous steps are complete, pay the necessary fees to register your company. You will then receive the certificate of incorporation, share certificate, and company stamp after incorporation.

Benefits of Ajman Offshore Company Formation

  • Tax-Free Environment
  • No Capital Requirements
  • Cost-Effective Free Zone in the UAE
  • Increased Privacy and Confidentiality
  • Ability to Open an International Bank Account
  • Option for a Virtual Office in the UAE
  • Business Registration in Just 2-3 Days
  • Full Foreign Ownership and Profit Repatriation Allowed
  • Strategic Location as a Prominent Trading Hub Near Ajman Port

Characteristics of an Ajman Offshore Company

  • A secretary must be appointed.
  • A UAE resident visa cannot be held.
  • You can own a maximum of three properties.
  • The company's name must end with "Limited."
  • Business activities outside of the free zone are not permitted.
  • Shareholders must designate an official registered agent.
  • At least one shareholder and two directors are required.
  • An individual can serve as both a director and a shareholder.

Activities Permitted for Setting up an Offshore Company in Ajman

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

Which Documents to Submit?

Here are some of the documents you need to submit to the Ajman Free Zone Authority for Ajman Offshore Company Formation:

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

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