Ajman Offshore

Ajman Offshore

Ajman offshore provides companies with various investment privileges,facilities in a strategic location with close proximity to Sharjah & Dubai.



Why Ajman Offshore Fees & Packages

A few facts about Ajman Offshore

1
Rapid incorporation in 2 days.
2
Cost effective option.
3
Tax-free investment environment.
4
Diverse setup options available including virtual office.

WHY CHOOSE AJMAN OFFSHORE?

Ajman Free Zone Authority, AFZA, has established a global offshore jurisdiction under the Ajman Offshore Companies Regulations of 2014 (regulations that govern international companies), conferred by the Emiri Decree No. (2), issued in the year 2014.

Ajman offshore enjoys a prime location in a major global economic hub - UAE. The offshore center is conveniently located in close proximity to major cities like Dubai and Abu Dhabi. The numbers speak for themselves, as the number of new licenses issued for businesses going from 948 in 2012 to 5119 in 2016 and the number of renewed licenses at AFZA reaching 6972 last year. AFZA enjoys a growing global reputation as investors keenly show interest in offshore company formation in Dubai since it is one of the rising stars of the offshore world. Additionally, Ajman offshore offers interesting tax incentives and supports investors by its modern legal framework.

1What is an offshore company?
An offshore company is an independent legal entity with limited liability and must have atleast one shareholder. The liability of the partners or shareholders is limited to their capital contribution.
2Is there a requirement for physical offices for an offshore company?
The company does not need to maintain a physical presence in the freezone but is required to have a registered agent, whose address must be listed as the registered address for the offshore company in the place of its incorporation.
3What is the activities permitted for an offshore company?
Offshore companies are generally used as investment vehicles or holding companies. They are not permitted to conduct business operations onshore in UAE or within the relevant freezone. However, they can freely conduct business outside the UAE and can also enter into contracts with legal consultants, lawyers, accountants and auditors. It is also permitted to lease property and use it as a registered office or own real property in limited areas such as Palm Islands or Jumeirah Island, or any property approved by the relevant freezone authority.
4What are the management requirements for an offshore company?
All the power of management for an offshore company generally rests with the board of directors and a general manager is typically not appointed. The board may choose to delegate certain powers as they see appropriate, under a power of attorney.
5What are the minimum capital requirements for an offshore company?
The capital requirements for an offshore company vary according to the jurisdiction it is based in, with a minimum capital requirement of atleast AED 10,000.

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