YABS

Set up your company in Ajman Offshore

Entrepreneurs in the UAE enjoy the flexibility of setting up offshore companies through entities like RAK ICC, JAFZA, or Ajman Free Zone, alongside mainland and free zone companies.

Offshore companies, in contrast to their local counterparts, operate internationally while being registered within the UAE. This setup offers the benefit of limited liability, offering robust financial protection for entrepreneurs.

OUR WORK PROCESS

3 Simple Steps

Breeza offers full range of consultancy & training methods for data analysis, business consultation, and strategic ways for business. Its an opportunity for new ventures.

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Step 1: Fill out our form

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Step 2: Company Registration

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Step 3: Start your business

Where are Ajman offshore companies registered?

Ajman Offshore Companies are registered under the Ajman Free Zone (AFZ). These companies are called International Businesses or offshore companies under the applicable regulations. AFZ boasts a cutting-edge registry that adheres to global standards and best practices observed by offshore jurisdictions worldwide. 

Confidentiality is the primary responsibility of AFZ. It keeps the information of shareholders confidential and does not reveal its data. Ajman offshore companies can fulfill various purposes, including asset protection, trading, tax planning, real estate holding, and estate planning. 

Ajman Offshore companies are easy to set up and require only one director and a shareholder.

Bank Account Opening for Corporate Transaction

We at YABS help you in opening a corporate bank account for your future business. Here are the banks with which we have tied up with:

Pricing

The below promotional packages for Ajman offshore company formation are offered for a limited time.

Here is the timeline for Ajman offshore company formation.

Key Timelines for Setting Up an Ajman Offshore Company

Day 1

It all starts with finalizing the business name. You can provide three possible names and we can then decide which one to pick.

 At YABS, we will help you with all the documentation

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Day 2

You will have to sign the property papers for initial approval. If you are a foreigner, we will help you to sign the papers electronically.

Day 3

After signing all the inital documents, we put forward your request to Ajman Free Zone for approval. If the approval is a success, then your company will get registered within 1-2 business days.

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Day 4

We move ahead by opening a corporate bank account for you so that your business transactions are in sync. It may take almost 2 weeks maximum to open a bank account.

Key Features

Here are the key features of Ajman offshore companies in the UAE.

1) Ajman Free Zone – Ajman Free Zone is located in Ajman (one of the Emirates in the UAE). Ajman Free Zone is used for setting up a business offshore or free zone.

2) Type of Company – Offshore company or International Business Company

3) Confidentiality – No information of shareholders is available publicly

4) Accounting – There are no accounting or reporting requirements for Ajman offshore companies

5) Taxes – There are no tax implications

6) Laws – Ajman Free Zone has a modern legislative framework based on UAE laws

7) Ownership – 100% foreign ownership is allowed

8) Time Zone – GMT+4

9) Paid Up Capital – There are no paid up capital

10) Minimum number of stakeholders – To setup a company in AFZ, you will require 1 shareholder, 1 director, and 1 secretary

11) Bearer Shares – No shares

YOUR QUESTION

Frequently Asked Questions

What are the key benefits of setting up a business in Ajman Offshore?
Setting up a business in Ajman Offshore offers several benefits, including 100% foreign ownership, no corporate or income taxes, full repatriation of profits and capital, and confidentiality of shareholders and directors' information.
What types of business activities can be conducted through an Ajman Offshore company?
Ajman Offshore companies can engage in a variety of business activities, including international trade, holding assets, owning real estate properties (outside the UAE), holding company shares, and conducting consulting and advisory services.
Can an Ajman Offshore company conduct business within the UAE?
No, Ajman Offshore companies are not permitted to conduct business within the UAE. They are intended for international operations and cannot carry out business activities with UAE residents or companies, except for holding shares in other UAE companies.
What is the process for setting up an Ajman Offshore company?
The setup process involves choosing a company name, preparing the necessary documentation (such as passport copies and proof of residence for shareholders and directors), submitting the application to the Ajman Free Zone Authority, and paying the required fees. The process is usually straightforward and can be completed within a few days.
Are there any physical office requirements for Ajman Offshore companies?
No, Ajman Offshore companies are not required to have a physical office in the UAE. However, they must have a registered agent and a registered office address within the Ajman Free Zone, which can be provided by a local service provider.

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YABS Public Relation Management LLC Is An Authorized Government Transactions And Documentation Service Provider And It’s A Part Of YABS Group That Has Been Serving In United Arab Emirates Since 2015.

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