Empowering Your Business Dreams

OFFSHORE COMPANY FORMATION IN AJMAN

OFFSHORE COMPANY FORMATION IN AJMAN

Ajman Off Shore Business Setup In Emirates

In today’s globalized business environment, offshore company formations and free zones in uae have gained immense popularity among entrepreneurs and investors seeking tax advantages, asset protection, and business expansion opportunities. Ajman, one of the seven emirates of the United Arab Emirates (UAE), offers a favorable offshore company formation option for individuals and businesses looking to establish an international presence. In this article, we will explore the benefits, requirements, and process of Ajman offshore company formation.

 

Ajman offshore company formation refers to the process of establishing a legal entity in Ajman’s offshore jurisdiction. An offshore company in Ajman is commonly known as an International Business Company (IBC) and is governed by the Ajman Offshore Companies Regulations of 2014. This jurisdiction offers several advantages, such as tax exemptions, confidentiality, and ease of doing business.

Set Up Ajman Offshore Company In UAE In Just 2 Days!

Advantages of Setting Up a Business in Ajman Free Zone

offshore company formation in ajman

Tax Advantage: One of the primary reasons individuals and businesses choose Ajman for offshore company formation is the attractive tax regime. Ajman offshore companies are exempt from corporate and income taxes, making it a tax-efficient option for international business operations. This tax optimization can lead to significant cost savings and increased profitability.

Asset Protection:  Ajman offshore company formation provides robust asset protection mechanisms. The jurisdiction’s regulations ensure the confidentiality of company ownership and offer protection against potential lawsuits and creditors. By holding assets through an Ajman offshore company, individuals can safeguard their wealth and minimize risks associated with their personal and business assets.

Business Expansion & International Presence:  Establishing an Ajman offshore company enables entrepreneurs and investors to expand their business activities globally. The jurisdiction allows for international operations, including opening offshore bank accounts, conducting trade, and entering into contracts with individuals and entities worldwide. This flexibility and global reach contribute to increased market access and business opportunities.

Requirements For Ajman Offshore Buiness Setup

To set up Ajman offshore company in UAE, the following are some of the key requirements.

  • Requires atleast one shareholder and two directors.
  • Offshore companies require a secretary. A director can also be a secretary
  • Ajman Offshore Company cannot engage in business activities outside the Free Zone.
  • It is required that shareholders be present physically to sign the application and documents in the witness of AFZA representatives.
  • The offshore company should mandatorily appoint a registered agent. The address of the agent will serve as the address of the registered offshore company.
  • The company can own a maximum of three properties.
  • Shareholders of the Ajman Offshore Company can invest in the UAE companies.

Types of activities allowed

 

Activities allowed for Ajman offshore company include, but not limited to the following

  • Holding companies
  • Commission agents
  • General Trading companies
  • Shipping and Ship management
  • Stakeholding
  • Professional services
  • Advisory & consulting services
  • Own properties
  • International services
  • Investments & Joint Investments company
 
 
 
 
 

 

Frequently Asked Questions

Why setup a business in Ajman offshore?

Ajman offshore companies enjoy a plethora of benefits including tax exemptions and unrestricted repatriation of capital and profits. There is also no restriction on foreign ownership. The registration process is very quick that we can get your company incorporated even within a day, and a maximum of 2 days. Ajman offshore strategic location advantages are plenty. Because it is situated at the gateway to Arabian Gulf, the west and east markets can be easily accessed. The cost of incorporation is also very cheap, perhaps the cheapest among all other freezones.

Should I hire a space within Ajman Freezone?

No, it is not a mandatory that you should have an office or industrial space for Ajman Offshore Companies. We will help you find one if your business requires.

How much does it cost to incorporate a business to setup Ajman offshore company in UAE?

The incorporation fee keeps changing with time and updates. For more accurate information, we suggest you consult our company formation experts. They will provide you with the latest policies and charges involved in Ajman Offshore company formation.

Scroll to Top