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Offshore Company Formation in Ajman

Looking for an offshore company formation in Ajman? Register your Ajman offshore company today. The Gryffin Capitalist team would help you incorporate your offshore business in Ajman. Gryffin Capitalist is your one-stop resource for creating an offshore business. Our process is simple and flexible enough to suit all your needs. We differentiate ourselves from our competition by offering:

  • Quick and easy company formation
  • Remote bank account opening assistance
  • Assistance in add-on services
  • Dedicated Customer support
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100% Remote
Offshore Company Setup

Incorporate your company
starting from $1,600

Duration 2-3 days

Ajman Offshore Company Formation - A Comprehensive Guide

Ajman offshore company formation is setting up a company in Ajman, one of the seven emirates in the United Arab Emirates (UAE). An offshore company is a legal entity incorporated outside of the country where it conducts its business. Ajman is attractive for offshore company formation due to its favorable tax policies, strategic location, security, and excellent infrastructure.

Forming an Ajman offshore company is straightforward and can be completed quickly with the assistance of a registered agent. In addition, offshore companies in Ajman offer several benefits, including tax advantages, asset protection, easy company formation, and privacy and confidentiality. This guide will provide a comprehensive overview of Ajman offshore company formation, including the requirements, benefits, and steps involved in the process.

The Requirements for Ajman Offshore Business Setup

Ajman Offshore is one of the popular offshore company formation jurisdictions in the UAE. Ajman offshore company cost depends on the requirements of the company. Here are the requirements for setting up an Ajman Offshore company:

i) Shareholders: The minimum shareholder requirement is one, with no maximum limit. Shareholders of the company may be individuals or company entities.

ii) Directors: There should be at least one director appointed for the company. Further, the director can either be an individual or a company entity. However, the director and shareholder may be different from each other.

iii) Share Capital: An Ajman Offshore company requires no minimum share capital.

iv) Registered Agent: An Ajman Offshore company must appoint a registered agent authorized to act on its behalf.

v) Registered Address: The company must have a registered address in the UAE, which can be the registered agent's address.

vi) Documents Required: The following documents are required to set up an Ajman Offshore company:

  • Copy of shareholder's and director's passport
  • Proof of address of shareholder and director

vii) Bank Account: An Ajman Offshore company can open a bank account in the UAE or any other country.

viii) License: Ajman Offshore companies are not required to obtain a permit to operate but must comply with local laws and regulations.

Benefits of Offshore Company Formation in Ajman
Business Confidentiality
Minimal Reporting
Nil or Low Corporate Tax
Re-domiciliation with a World-Class Banking Infrastructure
Ajman Offshore Company is Suitable for
Real Estate
Professional Services

Documents Required for Ajman Offshore Company Formation

Certified Passport Copy
Certified Proof of Address (not older than 3 months)

The Process for Ajman Offshore Company Formation

1. Choose a registered agent

You must select a registered agent who will act as a liaison between you and the Ajman Free Zone Authority AFZA) during the company formation process.

2. Choose a company name:

You must choose a unique name for your offshore company that is not already registered with the AFZA. You can check the availability of a name by conducting a name search with the AFZA.

3. Apply for the Offshore Company Registration:

You must apply for offshore company formation to the authority, along with the required documents and fees.

4. Open a Bank Account

You can choose to open a bank account in the name of your offshore company either in the UAE or any other location.

Why Choose Gryffin Capitalist?

Setting up an offshore company in Ajman requires knowledge of local laws and regulations. Gryffin Capitalist claims to have a team of professionals knowledgeable about the requirements and procedures involved in offshore company formation in Ajman. As a result, we can negotiate better rates and offer cost-effective solutions.

Outsourcing the setup process to a company like Gryffin Capitalist can save you time and effort. In addition, we can take care of the paperwork and administrative tasks, leaving you free to focus on other aspects of your business. Please contact us for further information.

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Frequently Asked Questions (FAQs)

An Ajman Offshore Company cannot do business within the UAE but can engage in international business activities and own assets outside the UAE.

An Ajman Offshore Company must maintain proper accounting records and file an annual return with the Ajman Offshore Companies Registry. However, there is no requirement to file audited financial statements or pay taxes.

Yes, an Ajman Offshore Company can open a bank account in the UAE or any other country where it conducts business. However, the account opening process may vary depending on the bank and the country.

An Ajman Offshore Company can own property in the UAE, but it must obtain approval from the relevant authorities and follow the applicable laws and regulations.

An Ajman Offshore Company cannot hire employees in the UAE, but it can engage the services of third-party companies or individuals to perform certain functions on its behalf.