Ajman Offshore

Located centrally at one of the most strategic locations in the United Arab Emirates, at the doorway of the Arabian Gulf, Ajman Offshore has become a key investment destination for foreign companies and expatriates. Regulated by the Ajman Free Zone Authority (AFZA), under the Ajman Offshore Companies Regulations of 2014, Ajman Offshore is well-placed to cater to both Eastern and Western markets, thanks to its excellent connectivity with Ajman seaport and the Gulf coast. Additionally, inexpensive business setup and lucrative tax incentives make Ajman offshore company formation a lucrative business decision for foreign investors.

Ajman Offshore Company Setup – Key Characteristics

Mohammad Adil Malek Technical Services LLC has been providing Company setup services for a long time now and knows how to get all necessary approvals from the Ajman free zone authorities with ease. We have the experience to successfully handle all paperwork and legal formalities, making the Ajman Offshore company formation dream of our clients come true.

Shareholders

At least one shareholder is required for Ajman offshore company registration and has the choice to decide the capital structure of the company. Corporate shareholders are allowed.

Directors

At least two directors are required for Ajman offshore company setup. A shareholder(s) can also act as the company’s director, but corporate directors are not acceptable.

Secretary

It’s mandatory for an Ajman offshore company to have a secretary. The company’s director can act as the company’s secretary as well.

Local Requirements

An official registered agent must be appointed in the Ajman Offshore Company whose UAE office will be used as company’s registered office.

Confidentiality

The details of shareholders & directors supplied to the Ajman authorities remain confidential and are not disclosed to public.

Permissible Activities

Investors can engage in any of the following activities in Ajman Offshore:

• Commission Agents Company or Intermediary Brokers (IB's)
• Consulting and Advisory Services
• General Trading
• Holding Company – Buying, holding stakes, or selling in companies
• International Services
• Investments and Joint Investments Company
• Owning Property
• Professional Services
• Shipping and Ship Management Companies

Documents Required

Following documents are required from the shareholders to form a company in Ajman Offshore:

• Original bank reference letter
• Original residence proof
• Passport copies
• Shareholder resume or profile
• Desired offshore company name (3 options)
• Valid UAE Visa or Entry Stamp page copy
• Information about the number of shares each shareholder holds
• The address, name, residency status, nationality, and occupation of each director and secretary

Limitations

An Ajman offshore company cannot:

• Acquire tax residency certificate
• Carry out business or engage in any activity outside the Free Zone and within the UAE (however, they can have business deal with companies in Ajman Free Zone)
• Get UAE residence visa for the shareholder(s)
• Have a physical office in the United Arab Emirates
• Own more than three properties

Time Required for Company Formation

Company registration takes approximately 2 to 3 working days. However, shareholders or their authorized attorneys must sign documents personally in the presence of AFZA executives.

Advantages of Ajman Offshore Company Formation

Here are some reasons why global investors opt for Ajman Offshore business setup:

• 100% corporate and personal tax exemption
• 100% foreign ownership
• 100% repatriation of capital and profit
• Complete ownership of your intellectual property - copyrights, patents, trademarks, etc.
• Complete privacy, confidentiality and protection of assets
• Fast and cost-effective registration process
• Flexibility to open a bank account in UAE
• Flexibility to own AFZA approved freehold properties while availing benefits of 47 UAE double tax treaties
• Less setup costs as compared to onshore companies
• Minimum capital requirement
• No foreign currency restrictions
• No need to register with the Chamber of Commerce
• No need to rent an industrial premise or an office

Contact Mohammad Adil Malek Technical Services LLC for Ajman Offshore Company Setup, Registration, & Incorporation

Mohammad Adil Malek Technical Services LLC is an authorized registered agent by Ajman Offshore, and can help clients setup, register, and run your dream company in Ajman Offshore with ease. We are one of the leading accredited Ajman offshore agents offering start to finish company formation services to global investors planning to invest in Ajman Offshore, which include handling all legal and administrative details, and business registration and licensing formalities.

For more information about company formation, registration, and incorporation in Ajman Offshore or any other UAE Offshore contact us at +971 588 233 474 or email us at info@roknalsahra.com