Ajman offshore company formation

An Ajman Offshore Company is an international business entity registered within the Ajman Free Zone jurisdiction. This type of company has the option to open an offshore bank account, is exempt from local taxes, receives a registered address in the Emirates, yet is restricted from conducting business activities within the country. However, it can invest in UAE companies. Its owners are ineligible to apply for residence visas.

• Company setup for $3,000
• Registration in one week
• 1 director, 1 shareholder and 1 secretary (can be the same person)
• Once the documents are verified, obtaining a license takes 1 day.

• Low-cost registration
• No tax liabilities
• Registered office in the UAE
• No need for accounting and audit
• Permitted full ownership of an Ajman offshore company 
• No paid-up capital requirements
• There are no limitations on nationality
• Repatriation of capital and profit without limits
• Possible to conduct business outside the Emirates
• Bank accounts - locally and abroad

You need to take three quick steps:

1. Submit an application on our website.
2. Provide the documents and pay for the registration. We will take care of the rest.
3. Receive documentation for your new Ajman offshore company.
4. Open an account by personally visiting the bank.
5. Start conducting business.

• Passport of the shareholder
• CV of the shareholder
• Proof of residence
• Memorandum of Association
• Application for setting up an offshore company

Foreign companies that have established an offshore entity in the Emirates can open an account in a local bank. However, this procedure tends to be more prolonged and intricate compared to an account setup for a mainland or free zone company. Banks typically impose stricter compliance checks and demand a greater number of supporting documents. Professional business consultants can help navigate this stage accurately.

Benefits provided by an offshore bank account in the UAE

• International transfers
• Money transfers without limits
• Online banking
• No taxes in the UAE

Discover the details of an offshore bank account opening if you have registered an Ajman offshore company.

Ajman Free Zone accommodates companies that are engaged in a variety of activities, including:

1. General Trading
2. Consulting and Advisory Services
3. Holding Company
4. Investments including Joint Investments
5. Property Ownership
6. International Services
7. Professional Services
8. Shipping
9. Commission Agents
10. Holding company for intellectual property

Offshore companies are those registered in jurisdictions different from where they actually operate. They often set up facilities in offshore financial centers. Some people label these companies as tax havens because they take advantage of countries offering tax breaks to foreign investors who stash their cash or look for offshore business setup there. But in fact, these companies don't really do any business in those countries; they're just there on paper. Foreign enterprises or individuals use these tax havens simply as a legal address for their company.

1. The registration fees for this free zone are among the lowest when compared to other zones in the United Arab Emirates.
2. Fast processing - the company formation process takes about one week.
3. Convenient location. Proximity to the Port of Ajman and the airports of Dubai and Sharjah.
4. The company registration process is entirely electronic and remote. No need to go anywhere.
5. All information about the owners remains strictly confidential.
6. Minimum of 1 shareholder as a basic requirement.

Emirabiz, a renowned firm with years of expertise in corporate services, offers comprehensive assistance throughout the entire procedure of establishing an offshore company within the esteemed Ajman Free Zone. Our dedicated team diligently manages every aspect of the registration process for an Ajman offshore company, ensuring a seamless experience for our clients. From preparing and submitting the application for registration to efficiently acquiring all essential documentation, Emirabiz streamlines the entire process with precision and professionalism. Moreover, we extend our services beyond registration, facilitating the opening of offshore bank accounts to further meet the financial needs of our clients. With Emirabiz, know that our professionals will help you set up your business every step of the way. They're dedicated to doing a great job for you.

Do you have any questions about Ajman offshore business setup or bank accounts? Reach out to our consultants!