Ajman Offshore, established in 1996 under Emiri Decree No. 3, has grown into a popular choice for offshore company registration since 2014. Governed by the Ajman Free Zone Authority, it offers a Zero Tax Structure, complete privacy, and confidentiality. These benefits, along with a supportive regulatory environment, make Ajman Offshore an ideal option for global business expansion and cost-effective offshore company formation.
Here are three Ajman OffShore OffShore packages for businesses in the UAE:
To start a company in Ajman, first choose the type of company (mainland, free zone, or offshore). Register your trade name and apply for a business license with the Ajman Department of Economic Development (DED) or relevant free zone authority. Prepare required documents like passport copies, business plan, and proof of residence. Secure office space, submit your application for approval, and once your license is granted, open a business bank account. The time it takes for the setup process depends on the complexity and can take from 1 to 4 weeks.
The cheapest offshore company formation in Ajman typically depends on the specific requirements of the business. However, the Ajman Offshore company setup is known for its cost-effectiveness, offering competitive rates compared to other offshore jurisdictions in the UAE. The key factors affecting the cost include the type of company, the number of shareholders, and the services included (e.g., registered agent, office space, etc.).
For the most affordable option, Ajman Offshore offers single-shareholder companies with minimal setup costs. It's best to consult with an authorized agent in Ajman to get a precise quote based on your business needs.
Starting a small business in Ajman is affordable, especially in the Ajman Free Zone, where setup costs begin at AED 6,000 for a basic license and one visa. For younger entrepreneurs, a special package is available starting at AED 5,000. Office space costs range from AED 8,000 for a flexi-desk to AED 25,000 for a private office. Additional expenses include visa processing and administrative fees. For offshore companies, setup costs range from AED 7,500 to AED 10,000, offering tax exemptions and 100% foreign ownership without the need for a physical office.
The costs to set up an offshore company in Ras Al Khaimah (RAK) typically include:
To start the offshore company formation process in Ajman, you will need to provide the following documents:
Passport copies of all shareholders.
Copies of valid UAE visa pages or entry stamps.
Original proof of residence for each shareholder.
Personal profiles (CVs) for all shareholders.
Original bank reference letters (letters of good standing) for each shareholder.
The following activities are allowed for an Ajman Offshore Company:
Holding company operations
General trading under Ajman Offshore
Professional services within the offshore company
International service operations
Investment and joint investment ventures
Shipping and ship management
Commission agent roles, including intermediary brokers
Advisory and consulting services
Property ownership opportunities
We specialize in providing expert Consultancy and PRO Services for setting up Offshore Companies.
From start to finish, we take care of all aspects of the Ajman Offshore company formation process. This includes drafting the Memorandum of Association (MOA), submitting applications, and processing all necessary documents. Our team ensures smooth handling of paperwork and secures the required approvals from Ajman Free Zone authorities with precision and efficiency.
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