Ajman Offshore Company Formation

Offshore company formation in Ajman was allowed only as late as 2014. The Ajman Free Zone Authority offers benefits such as zero taxation, complete privacy and 100% repatriation on profit to offshore companies in Ajman Free Zone. The cost to set up an offshore company in Ajman is the cheapest in UAE and the time taken to establish it is the least. Ajman offshore companies are non-resident companies and are not issued operating licenses. Here, these companies will only get a company incorporation certificate. No Ajman offshore company can conduct business within United Arab Emirates. These shareholders are, however, allowed to invest in UAE companies. However, for Ajman offshore company registration, a director of shareholder needs to be physically present in Ajman Free Zone office, along with a registered agent, and personally sign the documents.

Ajman Offshore Authority does not allow Bearer Shares. And being a new offshore entity, their process for offshore company formation is much faster than the other offshore jurisdictions. Once company name & activity approvals are done, and all incorporation documents are complete upon submission to the Offshore Authority, the offshore company can be incorporated in a matter of 1-2 working days.

Frequently Asked Questions

- General Trading
- Professional Services
- Stakeholding
- Investment and Joint Investment Companies
- Advisory/Consultancy Services
- 100% foreign ownership
- 100% repatriation of capital and profits
- Low cost of company setup
- No need to rent an office space or industrial place.
- No annual audit required
- Easiest registration process
- A clear passport copy of each of the shareholders
- An original proof of residence of each of the shareholders
- An original bank reference letter for each of the shareholders - A CV of each shareholder in English
- Memorandum of Association (MOA) and application for setting up an Ajman offshore company
Ajman Offshore Company requires the appointment of an official registered agent. The office of the registered agent in UAE will be used as Ajman offshore company’s address.
For Ajman offshore company setup, the capital of the company can be any amount, and in any denomination.
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