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Ajman Offshore Company Setup
How to Start Offshore Business in Ajman, UAE?
Ajman offshore company registration, working in close collaboration with Ajman Free Zone as a registered agent and assists in proposing offshore company set up services to form a personalized and customized offshore company in Ajman. Offshore companies in AFZ can benefit from AFZ’s status as a reputable jurisdiction for offshore purposes and can take advantage of more than 40 Double Taxation Treaties.
Ajman offshore has become one of the most desired offshore jurisdictions in the world due to its location within the Ajman Emirate, a rapidly growing region that provides a hassle-free process of incorporation for businesses. Relative to other offshore centers, Ajman offshore company registration is a quick process.
At Business Link, every client is given their due attention, guidance, and support. If you’re confused and have doubts and concerns regarding the Ajman offshore company registration, we’ve got news for you! With years of experience, our business experts are well-versed with laws and regulations that can assist you massively in setting up a business in Dubai!
Benefits of a offshore company setup in the Ajman
There are multiple advantages to establishing an offshore company in Ajman. The benefits include:
- 100% foreign ownership is permitted.
- Companies in the Ajman offshore are exempt from taxes.
- Exemptions of import and export duties
- 100% repatriation of profits and capital
- Low-cost labor and low-cost company set-up
Documents required
The required documents are tailor-made, keeping the type of investor in mind. Here are the documents required;
For companies with an individual shareholder:
- Passport copy of the shareholder that is valid for at least 6 months.
- A completed application form
- Proof of residence (this could be in the form of rent pay slips, or a utility bill).
For Companies with Corporate Shareholders:
- Passport copies of the shareholders and directors that are valid for at least 6 months
- A certified original copy of the incumbency certificate
- A certified original copy of good standing
- Notarized resolution of the original shareholder
- Memorandum of Association
- Articles of Association
Companies that fall under the jurisdiction of Ajman offshore license are permitted to engage in and undertake the following activities:
- Commission agents – Intermediary brokers
- Investments and joint investments corporations
- Property owning
- General trading
- Holding firm
- Consulting and advisory services
- International services
- Professional services sector
- Shipping firms
Process of setting up a company in the Ajman offshore
Much like the JAFZA offshore and RAK offshore, Ajman offshore company registration process is nothing that’s too complicated! Here is the breakdown;
- You’re first required to finalize a company name. Keep in mind, that there can be some back and forth with this step since your picked name must be available for you to proceed ahead with it.
- Next, finalize the business activities you want to be involved in. This step is crucial as it keeps you informed on what other approvals you might need prior to setting up your company.
- Now, with the two main components decided upon, you can fill and submit your application form to the authorities and obtain an initial approval
- Along with this, you must also submit the MoA and AoA once drafted
- Upon the successful issuance of your offshore license, you may proceed with your business operations
Ajman offshore company setup can seem like big work – but nothing is too difficult with our team of professionals who’re dedicated to assisting you in meeting all your entrepreneurial needs! Get in touch with us and let’s discuss how we can assist with your business setup in Ajman!