Companies can be formed in Ajman Offshore. Offshore companies have unique importance in the country. Offshore Company Setup in Ajman had started out late in 2014, and it comes under the jurisdiction of the Ajman Free Zone Authority. The offshore company set up in Ajman is noted for how relatively cheap it is compared to other Free Zones. Although trading with the mainland is not permitted, shareholders can invest in UAE companies.
Feature
- No Registration with the Chamber of Commerce
- No Residence Visa for Founders and Directors
- Registered Agent Required
- No requirement of renting an office
- Minimum of two directors
- Annual audits and meetings with auditors
- No trade with the UAE
Documents required
Individual Shareholder Type:
- UAE Visa
- Personal Profile of Each Shareholder
- Original Bank Reference
- Passport copy of each shareholder
- Proof of Residence of each shareholder
Corporate Shareholder :
- Incorporation Certificate of Parent Company
- Certificate of Good Standing
- Passport Copies
- Memorandum and Articles of Association
- Board Resolution
Activities which are allowed in the country
- International Services
- Advisory and Consulting
- Property Owning
- Joint Investments
- Holding Company
- General Trading
- Shipping and Ship Management
Advantages (Offshore Company Setup in Ajman)
- Zero Taxation
- 100 % Capital and Profit Repatriation
- 10 5 Foreign Ownership
- The quick and cost-efficient registration process
- Open bank accounts in the UAE
