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An Ajman Free Zone offshore company offers progressive infrastructures and is open for a wide range of businesses. Trading, consultancy, and holding companies are some Ajman offshore business setup options permitted here. The free zone is also fast-growing, seeing 45% growths in certain sectors. It offers these benefits:
An offshore company is typically used for international trading, shipping, patents, international consulting, owning real estate, registering copyrights, or as holding companies. Within the UAE, there are three main territories where most choose to form offshore companies. These are Ras Al Khaimah International Corporate Centre (RAK ICC), Jebel Ali Free Zone (JAFZA), and Ajman Free Zone (AFZ).
In 2023, the UAE implemented a corporate tax rate of 9%. However, offshore companies, as they are not eligible to operate their businesses within the country, are exempt from this tax.
Depending on your business needs, you may choose to set up an offshore
company from one of these three options:
Unlike mainland and free zone companies which offer business licenses, offshore companies are given certifications to operate UAE-based firms instead. This is because an offshore company in Ajman Free Zone is not technically allowed to operate within the country, so they do not get issued licenses.
Depending on your needs or activities, here are the company types or activities for an Ajman Free Zone business setup:
The Ajman offshore company cost in the UAE depends on the chosen option.
This rate will also differ based on the business activities, number of shareholders, office space requirements, and other factors.
Like RAK ICC, Ajman offshore company formation services may start at USD 2,050 or AED 7,500.
Receive an estimate of your Ajman offshore company formation cost.
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Creative Zone offers comprehensive Ajman Offshore Company formation services, providing extensive guidance and support that can simplify the intricate steps of establishing an Ajman Free Zone Offshore Company.
The initial step for Ajman Offshore business setup is to determine company activities and reserve a name that fits your business and is neither offensive nor religiously or politically sensitive.
The registered agent will assist you with the communication and administrative work needed for Ajman Offshore Company formation.
An important part of the Ajman Offshore Company formation process is to compile all the necessary documents based on the list above, and submit these for review.
Your company’s Memorandum of Association (MOA) and Articles of Association (AOA) must be notarized and translated into Arabic before they are submitted.
Finally, open a bank account for the corporate business transactions of your Offshore Company in Ajman Free Zone. The bank documents must also be sent in along with the rest of your company application.
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