Ajman Offshore Business Setup

Ajman Offshore Company Formation

Established in the year 1988, Ajman offshore is run under the regulation of Ajman Free Zone Authority (AFZA). Ajman offshore has always been the primary choice for investors because of the reputation of AFZA, especially for setting up SMEs and startups. Even being the smallest emirate in the country, Ajman has the ideal location, lying on the coast of the Arabian Gulf, between the emirates of Sharjah and Umm Al Quwain. Both Ajman port and Ajman free zone are the major contributors to the emirate’s economy. Business incorporation can be done in a jiffy and is cost-effective as well. Company registration only takes few days here.

Ajman offshore offers a variety of business options for investors. It is wise to look into the business activities that the offshore offers before deciding on setting up a company here. Ajman offshore company formation is one of the simplest processes, once you decide on the type of business activity you wish to undertake. Here is a list of business activities permitted in the Ajman offshore:

  • General trading license
  • Trading license
  • Consultancy or service license
  • Holding or investment company

Apart from the types of business activities, one should also know about the benefits the offshore puts forward:

  • 100% ownership for foreign nationals
  • Complete repatriation of profits
  • Complete confidentiality
  • No currency restrictions
  • Cost-effective company incorporation and maintenance
  • No physical entity required
  • No need to submit audit reports
  • No residence visa required
  • Can hold properties

How to set up a company in Ajman offshore?

The first step is to determine the type of business activity you wish to carry out. A minimum of one and a maximum of five directors are allowed to set up a company in Ajman offshore. The need for a registered agent is mandatory for the company incorporation process. The registered agent’s address must be the same as the address of the company that is to be incorporated. Along with the application for company incorporation, the following documents are also to be submitted:

  • Passport(s) copy of each shareholder
  • Proof of residence of each shareholder (in English)
  • Bank statement

The company incorporation process will be completed in approximately 2 to 3 working days.

Why choose Business Idea for Ajman Offshore Company Formation?

Business Idea is one of the leading business setup service providers in UAE, with almost 15 years of experience. We have been offering business setup services for clients across the country. Having had experience in the industry, we have served clients who run business in Ajman offshore as well. Ajman offshore opens up wide opportunities for investors and we aim to assist them in completing the company incorporation process.

Business Idea Consultants will assist you in getting together the documents required. With our extensive knowledge in the industry and about Ajman offshore, we will be the best partner you can find. Our years of experience have left us with a lasting relationship with the government authorities, which helps us to ease up the company incorporation process or any other legal formalities for that matter. Our professionally qualified team dedicates itself to offering quality and timely services to our clients and ensures that all their requirements are met. If you are planning to set up an offshore company, contact us today for an easy and hassle-free company incorporation process.