Ajman Offshore Company Setup
The Ajman Offshore is under the regulations of Ajman Free Zone Authority.
Following are the benefits of Ajman Offshore Company Setup
- Fastest company incorporation
- Renting an office or industrial premises are not required
- Cost effective offshore incorporation and also maintenance
- No Audit Report filing and also easy Bank account in UAE Banks
- Low operational cost and also No paid up share capital
- 100% capital and profit repatriation
- Simple and also adaptable technique of organized foundation
Types of entity
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
- Branch of a Local Company
- Branch of a Foreign Company
Ajman Offshore License Activities are following below
- General Trading
- Consulting and Advisory Services
- Holding Company
- Investments and Joint Investments Company
- Property Owning
- International services
- Professional Services
- Shipping and ship management companies
- Commission Agents Company – Intermediary Brokers (IB’s)
Following are the required documents for incorporation of an Ajman offshore company
- A passport copy and also an original proof of residence of the shareholder.
- UAE Visa or Entry Stamp page copy
- Resume/CV of each shareholder
- An original bank reference letter for each shareholder.
Requirements for corporate shareholders are following below
- Incorporation Certificate of the parent company and also a Certificate of Good Standing
- Memorandum of Association and also Articles of Association
- Board Resolution
- Passport copies of two Directors
Directors:
A minimum of two directors are require for setting up an offshore company in Ajman.
Note: A shareholder can act as a director of the Ajman offshore company.
Shareholders:
A minimum of one share holder is require for the purpose of Ajman offshore setup. The shareholders are allowed to invest in UAE companies and also cannot get UAE residence visa on the basis of Ajman offshore company.
Note: For offshore company in Ajman the details of directors and also shareholders are not available for public record.
Secretary:
A minimum of one secretary is required for setting up a offshore company in Ajman. A director and also a shareholder are allowed to act as a secretary of an Ajman offshore setup.
Local service agent:
Ajman offshore does not require an office. An offshore company in Ajman must appoint an agent. And also, the office address of an agent’s use as the register office of the offshore.
Name restrictions:
The Ajman offshore company name must end with a word “Limited”.
Timescale:
Ajman Offshore company will take approximately 2 to 4 weeks.
If you are planning for Ajman Offshore company setup then feel free to contact us: +971 52 544 1248 or Email us: info@mszconsultancy.com
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Laws
Curabitur non nulla sit amet nisl tempus convalli quis ac lectus. Nulla quis lorem ut libero
Breaking Down Barriers: Why 100% Foreign Ownership in the UAE is a Game Changer for Business
Foreign-Owned Businesses in the UAE The UAE has always been a positive and financially rewarding destination for savvy entrepreneurs to grow their businesses. It features a friendly environment, tons of networking potential, and business-friendly regulations that take...
Business Setup in RAK, the World’s First Free Zone for Digital and Virtual Asset Companies
The RAK Free Zone The Ras Al Khaimah Free Zone has quickly grown to become one of the top business jurisdictions in the UAE for up-and-coming digital creators hoping to find success in the region. This hub is now firmly positioned as a strategic destination for...
Do I Need to Register My Business with the Dubai Chamber of Commerce?
Your Business and the Dubai Chamber of Commerce If you’re considering starting a business in Dubai, registering your business with the Dubai Chamber of Commerce is one of many approvals you’ll need to obtain. Registering your business with this organization is not...
Five Exciting Mega-Projects Set to Boost Economics in the UAE, Saudi Arabia, and Beyond
Middle Eastern Mega Projects In recent years, the United Arab Emirates (UAE) and Saudi Arabia have embarked on ambitious mega projects to bolster their economies and enhance their global standing. These projects, characterized by their massive scale and innovation,...
Five Business Strategies Every UAE Startup Needs for Sustainable Growth
Business Growth in the UAE In recent years, the UAE has emerged as a global leader in commerce and trade, with investors from all over the world traveling to the region to conduct business. For these small to midsize enterprises (SMEs), there has never been a better...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news