Ajman Offshore Company Setup
Who We Are
Ajman Offshore Company refers to a business entity set up in the Ajman Free Zone, a cost-effective offshore jurisdiction in the UAE.
It offers 100% foreign ownership, tax exemptions, and confidentiality, making it ideal for businesses looking to engage in international trade, asset holding, and other global activities. Ajman Offshore companies can operate internationally but cannot conduct business directly within the UAE market. The setup is quick and straightforward, with minimal administrative requirements, making it an attractive option for entrepreneurs and investors.
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Advantages of Ajman Offshore Company
- 100% Foreign Ownership: No local partner is required, giving full control to the foreign investor
- Tax Exemptions: No corporate, income, or capital gains taxes, allowing for significant tax savings.
- Confidentiality: Shareholder and director details are not publicly disclosed, ensuring privacy.
- Cost-Effective: Lower setup and operational costs compared to onshore businesses.
- Ease of Business: Streamlined registration and compliance processes.
- Global Reach: Ideal for international trading, holding assets, and managing intellectual property.
- No Currency Restrictions: Freedom to operate in multiple currencies without limitations.
- Quick Setup: Simple, fast, and efficient company formation process.
- Access to UAE Banking:Ability to open a corporate bank account in the UAE or internationally.
Steps to Ajman Offshore Company Setup
Steps to Ajman Offshore Company Setup
Choose Business Activity:
Decide on a permitted offshore activity (e.g., holding, trading).
Appoint a Registered Agent:
Engage an authorized agent to handle the process.
Select Company Name:
Choose a unique, compliant name.
Prepare Documents:
Submit passports, proof of address, and business profiles.
Submit Application:
File documents through the registered agent to Ajman authorities.
Pay Fees:
Cover setup and registration costs.
Receive Incorporation Certificate
Obtain the official registration documents.
Open Bank Account:
Set up a corporate account.
Annual Renewal:
Renew the company every year to maintain compliance.