The AFZ Authority began its operations in 2014 and is the controlling body for the Ajman offshore company. This has smooth access to Eastern and Western markets because of the strategic position at the entrance to the Arabian Gulf. As it needs low cost for the establishment, this is recognized as the affordable offshore in the UAE between other offshore jurisdictions. In addition, this is the quickest offshore, which takes less time to establish as compared to other offshore corporations in the United Arab Emirates. If you are in Ajman offshore company Formation and want to take pleasure of these all facilities, then Start Any Business consultants team from India will help you throughout the process.
What Are Ajman Offshore Companies?
The Ajman offshore companies are subject to the rules of Ajman free zone official and have since transformed into a famous option for the formation of an Ajman corporation. Like other offshore, Ajman offshore entity setup provide a zero-tax framework offering privacy and secrecy. Apart from this, this also gives multiple amazing advantages for business people.
Ajman offshore corporations are non-resident corporations that can’t do business in the UAE but are allowed to invest in the corporations of the UAE. For any kind of contact with Ajman free zone official, a registered agent is compulsory for Ajman offshore. Minimum one shareholder and a minimum of one director is required for registration of Ajman offshore company. Shareholder abolition is much easier than in any other jurisdiction. The offshore company should have a secretary, the director may act as secretary.
The procedure of Ajman Company Formation
Forming a corporation in Ajman offshore isn’t complex, as long as you follow these steps:
- You have to determine the business name of your enterprise and send it to the authority for acceptance.
- After approval, the registered agent will adhere to the essential documents like a memorandum of association, article of association, etc.
These all documents are needed to upload online to receive corporate documents in hand comprising the incorporation certificate. In case, you are unable to do it yourself, the best business setup consultants at Start Any Business UAE are able to complete this process in a possible short period and without any complications.
Basic Documents For Ajman Offshore Company Formation
Ajman offshore company formation requires the following documents:
- Copies of valid passport of each stakeholder
- Original residential proof of each of the shareholders
- Every stakeholders’ original bank reference letter.
- A CV of individual stakeholders in English
- Memorandum of association and Ajman offshore company setup application
The procedure is easy and straightforward. All these necessary documents need to be presented to the AFZ authority and there is no escape route the papers will be released within one to two days, and you are ready to operate.
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Benefits Of Ajman Offshore Company Formation
The major benefits of Ajman offshore company Formation are given below:
- 100% foreign ownership
- Profits and capital will be repatriated 100%
- There is no requirement to renting office space. The offshore company’s address is the lawful address of the offshore agent.
- There is no requirement for an annual audit
- Share capital is not required
- Ajman offshore company has zero-taxation
- Documents set up by the company as a simple procedure of registration can be given within a day.
- Businesses in Ajman offshore are permitted to buying and selling property. They are also permitted to create property ownership in the United Arab Emirates, under the prior consent of the land department.
- Ajman free zone is identified at a global level.
- Bank accounts can also be opened for offshore companies in Ajman
Activities permitted for Ajman offshore companies
The activities permitted for Ajman offshore companies are given below:
- Advisory and consulting services
- Holding, buying, and selling of company shares
- General trading services
- Provision of international services
- Commission agent services
- Shipping and ship management
- Investment and joint investment companies
How We Can Help You
Start Any Business UAE, the best business setup consultants in Dubai will help you during the process of Ajman offshore company Formation. Our skilled professional provides you the safest and fastest company setup solutions. Our specialists have undertaken this procedure multiple times. Our experts get your incorporation certificate, government approvals, and also help you in open a bank account.
We at Start any Business UAE provides packages that comprise feasibility studies and legal advice. We give the most suitable services to our respective clients. Do contact us, if you are interested.