Ajman Offshore Company Formation

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What is Offshore Company Formation in Ajman?

An offshore company typically refers to

A company or division that conducts business operations outside of its home country.
International Business Companies (IBCs) or other legal entities incorporated in a jurisdiction that restricts them from conducting local economic activities.

If you're considering setting up a business in Ajman, an offshore company could be an ideal option to explore.

Procedure for Setting Up an Ajman Offshore Business

To establish an offshore company in Ajman, follow these key steps

Choose a Trade Name
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The first step is selecting a company name. According to regulations, you need to propose three names that align with your business activities.

Submit the Required Documents
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The following documents are needed to move forward with the process

CV of each shareholder (in English)
Clear passport copy of each shareholder
Original proof of residence for each shareholder
Original bank reference letter for each shareholder
Memorandum of Association (MOA) and a completed application form for Ajman offshore company setup
Original proof of residence for each shareholder

Submit these documents to the Ajman Free Zone Authority. If everything is in order, approval is typically granted within one or two days.

Sign the Documents
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Once the documents and fees are received, we will prepare the Memorandum and Articles of Association, which will be sent for your signatures.

Access Additional Services
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You can also opt for additional services we offer, depending on your business requirements.

Receive Your Documents
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Finally, you’ll receive soft copies of your important documents, completing the process.

Benefits of Establishing an Ajman Offshore Company

Setting up an offshore company in Ajman offers a range of advantages, including

An Internationally Respected Jurisdiction

Ajman Free Zone is a globally recognized and reputable jurisdiction for offshore company formation.

Swift and Cost-Effective Registration

Ajman is known for offering one of the most affordable free zone registration processes in the UAE.

Efficient Setup Timeline

The offshore company setup process in Ajman typically takes just 2 to 3 working days, ensuring quick entry into the market.

Global Banking Access

Establishing an Ajman offshore company allows you to open and operate bank accounts both within the UAE and internationally.

Confidentiality Maintained

The details of shareholders and directors are kept private, ensuring full confidentiality.

Tax-Free Environment

Ajman offshore companies benefit from a zero-taxation policy, making it an attractive destination for international business.

Permissible Activities for an Ajman Offshore Company

Ajman Offshore companies are allowed to engage in a wide range of activities, including

01
Holding Company Functions
02
General Trading
03
Provision of Professional Services
04
International Service Operations
05
Investment and Joint Investment Ventures
06
Shipping and Ship Management
07
Commission Agent Roles, including Intermediary Brokers (IBs)
08
Advisory and Consulting Services
09
Property Ownership Opportunities

To simplify the company incorporation process, you can hire a consultant to handle all registration formalities. If you're looking for assistance, RadiantBiz offers expert services to help you with your offshore company formation in Ajman.

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Frequently Asked Questions

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