Ajman off-Shore
Business Bay
Location : Dubai, UAE
Phone: +971 4 557 9404
Website : https://ajman-offshore.ae/
Ajman Offshore Company Formation
Ajman Free Zone (AFZ) was founded in 1988, as one of the three primary offshore jurisdictions in the UAE.AFZ has led to massive industrial developments inAjman by attracting a significant number of businesses to benefit from the investment privileges, thus strengthening industry and trade, and the financial sector in the UAE.
Ajman Free Zone provides competitive amenities and privileges allowing establishments to acquire a substantial return on their investment.
We work in close collaboration withAjman Free Zone as a registered agent and can propose offshore company set up services to form a bespoke offshore company inAjman.The company can benefit from over 40 Double TaxationTreaties (DTAAs) as well as its status as a white-listed independent jurisdiction for offshore purposes.
There are several benefits in setting up an offshore company inAjman:
● 100% foreign ownership – Emirati partner is not required
● 100% ownership of the company
● Personal income tax exemption
● Import and export duties are exempted
● Low-cost labour
● Exemption from other taxes
● Secure transfer of profits and capital
● Well-rounded infrastructure
● Easy opening of bank accounts in the UAE
● No residence visa
● Leasing prices are competitive
● No auditing required
● No foreign currency restrictions
● Not required to rent an office space
● Privacy of directors and shareholders is maintained
We have strong relationships in theAjman financial sector and can provide our clients with an overview of the financial institutions in theAjman for your offshore company. We can facilitate the opening of bank accounts for your Offshore Company in multiple currencies including GBP, USD, CHF, Euro and many others.
DOCUMENTS REQUIRED TO FORMANAJMAN OFFSHORE COMPANY
For an Individual Shareholder:
● Passport copies with a validity of at least six months
● Application form
● Proof of residence (Atelephone or electricity bill not older than three months should be sufficient)
● Curriculum Vitae or résumé of the shareholder(s)
For a Corporate Shareholder / Entity:
● Notarised incorporation certificate or trade license copy
● Valid passport copies of representatives and directors with a validity of at least six months
● Notarized, original incumbency certificate
● Notarised, original good standing certificate
● Original shareholder’s resolution that is notarized
● Parental company’s Memorandum andArticles ofAssociation copy
All the above documents can be accepted in English orArabic.
AJMAN OFFSHORE CAN CONDUCT VARIOUSACTIVITIES UNDER ITS LICENSE:
● CommissionAgents
● Joint Investments and Investments Corporation
● Owning of properties
● General trading company
● Holding firm
● Advisory and consultancy services
● International service sector
● Professional services sector
● Shipping companies
Ajman Free Zone (AFZ) Company
Formation
Established in 1988,Ajman Free Zone (AFZ) attracts numerous establishments to take advantage of the several investment privileges, in so doing solidifying UAE’s trade, industry and the financial
sector AFZ offers modest amenities and opportunities allowing businesses to acquire a significant return on their investment.
AFree Zone or a Free Trade Zone is intended for encouraging international business in the UAE by offering government incentives including, free of tax, free custom duty and complete foreign company ownership.
Free Zones play an essential part in the growth and development of the UAE. There are currently over 40 free zones across the country The Free Zones in the nation serve various sectors of the economy including healthcare, education, advertising, media, automotive, goods trading and commodities.
WHYSET UPABUSINESS INAJMAN FREE ZONE?
There are several benefits when setting up a Free Zone Company setup inAjman:
● 100% Foreign ownership, no local sponsorship required
● No capital gain tax and personal income tax
● Complete repatriation of profits and capital
● Quick start-up and licencing process
● No Import / Export duties
● No corporate tax
● No restriction in currencies
● Uncomplicated recruitment and liberal labour laws
● Transfer of profits and capital is easy
● Utility bill prices are competitive
● Cost of labour is economical and easy to access
● Infrastructure is highly developed
AJMAN FREE ZONE STRATEGIC LOCATIONADVANTAGES
Land – There is an international road network linking AFZ with neighboring countries
Air – International airport is 20 minutes away fromAFZ
Sea – Ajman Port is located opposite toAFZ
HOW WE CAN HELP IN STARTINGABUSINESS IN DUBAI FREE ZONE
We advise clients on market entry into the UAE and which Free Zone is best suited to their individual business needs. We assess our clients’needs and provide bespoke solutions tailored to their industry sector. We offer cost-effective solutions that allow our clients to advance as their business grows organically.
We can advise on which Free Zone best suits your business plan at every stage of initial business development, market evaluation, company formation with upscaling mechanisms as required therein.
OUR TURNKEYFREE ZONE COMPANYFORMATION SERVICES IN DUBAI INCLUDE:
● Interface with all Free Zone authorities
● Company formation at all stages until issuance of Trade License
● Attainment of all third-party approvals required from government ministries
● Processing of all visas with the Free Zone and the Ministry of Immigration
AJMAN FREE ZONE TYPES OF LICENSES
● E-Commerce License
● Business License
● Offshore License
● Service License
● Industrial License
AJMAN FREE ZONE TYPES OF OWNERSHIP
● Branch of a Foreign Company
● Free Zone Company
● Free Zone Entity
● Branch of a Local Company
REQUIRED DOCUMENTS TO FORMANAJMAN FREE ZONE COMPANY
● Apassport size photograph
● Passport copies with a validity of no less than six months
● If the company carries out electronic, industrial or service activity, a feasibility study would be necessary
● If the applicant is an employee resident of the UAE, a No objection certificate (NOC) will be mandatory
● Trade name approval fees ofAED 100
