Ajman Offshore Company Formation

Ajaman Offshore Company

Looking to establish an offshore company in Ajman? Supreme Services simplifies the process, providing optimal structures for efficient incorporation, ensuring a seamless path to success.

Ajman Offshore Company Formation

Offshore Company in Ajman

Established in 2014, offshore company formation in Ajman falls under the jurisdiction of the Ajman Free Zone Authority. Renowned as one of the most sought-after offshore jurisdictions globally, Ajman offers a strategic location, competitive investment privileges, and a hassle-free process of incorporation. With Ajman's reputation as one of the fastest-growing regions, investors are drawn to establish offshore companies here.

Setting up an offshore company in Ajman is both cost-effective and time-efficient. These non-resident companies are issued company incorporation certificates instead of operating licenses and cannot conduct business within the UAE. However, shareholders are allowed to invest in UAE companies.

In contrast to other emirates, Ajman offshore company registration requires a minimum of two directors. One director or shareholder must be physically present at the Ajman Free Zone office, accompanied by a registered agent, to personally sign the documents. Additionally, offshore companies must undergo annual audits and hold meetings in the presence of an auditor.

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Registered Agent for Ajman Offshore Company Formation

A registered agent plays a crucial role in facilitating communication with Ajman Authority for Ajman Offshore Company Formation. Supreme Services (formerly KWSME) offers comprehensive assistance for Ajman Offshore company formation as trusted business consultants in Dubai. Our services streamline the process, saving you time, money, and effort by handling all paperwork and securing approvals from Ajman free zone authorities.

With extensive experience in Ajman offshore company Formation, we ensure efficient setup within two to three working days at an attractive price. Our package includes feasibility studies and legal advice, prioritizing complete privacy and confidentiality of your financial information at all times.

Overview of Ajman Offshore Company Setup

Offshore Company in Ajman

Advantages of an Offshore Company in Ajman

  • Zero taxation

  • 100% capital and profit repatriation

  • 100% foreign ownership

  • Ability to own property anywhere in UAE

  • Permitted to hold stock of UAE free zone companies and LLCs

  • Shortest incorporation time

  • Cost-effective business registration process

  • Ability to open or maintain bank account(s) in the UAE or worldwide

  • No requirement for a physical office in the UAE for Ajman Offshore setup, no paid-up share capital

Characteristics of Ajman Offshore Company Formation

  • Shareholders: Minimum one shareholder required, corporate shareholders accepted. Shareholders determine capital structure; bearer shares not allowed.

  • Directors: Minimum two directors required, must be individuals (not corporate directors). Shareholders can also act as directors.

  • Secretary: Secretary mandatory; director can serve as secretary.

  • Name & Activity Restrictions: Company name must end with "Limited." Activities restricted to within the Free Zone.

  • Local Requirements: Official registered agent mandatory. Agent's office serves as company's registered office.

  • Timescale: Registration takes 2 to 3 working days. Documents must be signed in presence of AFZA executives.

  • Confidentiality: Shareholders' and directors' details filed with Ajman authorities but not made public.

  • Limitations: Offshore companies cannot conduct business outside the Free Zone or within UAE, except with companies in Ajman Free Zone. They cannot have a physical office in the UAE, obtain UAE residence visas for shareholders, acquire tax residency certificate, or own more than three properties.

Documents Required for Ajman Offshore Company Formation

For Individual Shareholders:

  • Passport copy of each shareholder

  • Copy of valid UAE Visa or Entry Stamp page

  • Personal profile (CV) of each shareholder

  • Original proof of residence for each shareholder

  • Original bank reference letter (Good Standing Letter) for each shareholder

For Corporate Shareholders:

  • Memorandum and Articles of Association

  • Incorporation Certificate of the parent company

  • Board Resolution affirming the establishment of the Ajman Offshore company

  • Certificate of Good Standing for the parent company

  • Passport copies of two (2) Directors

 

Activities Allowed for Ajman Offshore Company

  •  General Trading

  • Consultancy/Advisory Services

  • Holding Company (Buy/Hold/Sell stakes of companies)

  • Investments and Joint Investments Company

  • Property Owning (Subject to local laws)

  • International services

  • Professional Services

  • Shipping and ship management companies

  • Commission Agents/Brokers

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