How To Start Offshore Company Setup In Ajman?

AJMAN OFFSHORE COMPANY SETUP

Ajman Offshore Setup and Ajman Free Zone was established in 1988 and was allocated an independent status under the Emiri Decree No. 3 of 1996 by Humaid Bin Rashid Al Nuami the Ruler of Ajman. In recent years there is a magnificent increase in the number of Ajman companies formed in the free zone. Offshore company formation in Ajman has been started as late as 2014. Ajman Offshore Company is under the regulations of Ajman Free Zone Authority and since then it has converted a popular choice for offshore company formation in Ajman. Like any other offshore jurisdiction, Ajman Offshore company formation offers a Zero Tax Structure and Ajman offshore Company provides confidentiality & privacy. The permitted address of the Ajman offshore company shall the address The cost of setting up an offshore company in Ajman is inexpensive in UAE and is less time taking process to set up Ajman offshore company. Ajman offshore companies are also non-resident companies like other offshore companies and are not allowed to operate in the UAE. Here, these companies will only get a company incorporation certificate. Ajman offshore company cannot carry business within the United Arab Emirates. These shareholders are, however, permitted to invest in UAE companies. For Ajman offshore company registration, a director or shareholder needs to be physically present in the Ajman Free Zone office, along with a registered agent, and personally sign the documents then and there of the registered agent.

 

FEATURES OF AJMAN OFFSHORE COMPANIES:

  • No office space is mandatory
  • No residence visa
  • 100% tax-free and 100% profit repatriation
  • Complete confidentiality and privacy
  • Only international business is permitted and no UAE sales or trading transactions
  • Easy incorporations and license renewals
  • Approved by all leading bankers in UAE Types of licenses offered Consulting
  • Investment kind of licenses
  • General Trading
  • Freelance kind of licenses
  • Holding companies
  • Professional licenses etc.

 

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Mainland Company Setup

Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.

Presently, there is no requirements to deposite the share capital in UAE local bank.

Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space