Offshore Business Setup – Ajman Freezone:
Offshore Business Setup – Ajman Freezone:
Why Choose Ajman Free Zone for Offshore Business Setup?
Ajman Free Zone is popular due to its strategic location, proximity to global shipping routes, and investor-friendly regulations. Key benefits include:
• 100% foreign ownership
• No corporate tax
• Full repatriation of profits and capital
• Confidentiality of company information
• Ease of business setup with minimal bureaucracy
• Access to world-class infrastructure
Eligible Business Activities for Offshore Companies:
Ajman offshore companies can engage in various activities, including:
• International trade (import/export without UAE-based physical trade)
• Professional services such as consulting, legal advisory, and auditing
• Holding assets such as intellectual property, real estate, and stocks
• Investment and asset management
• Shipping and logistics services
It’s important to note that offshore companies are prohibited from conducting business within the UAE mainland.
The company name must comply with UAE regulations, avoiding restricted words and matching the proposed business activity.
Determine your company's purpose and select the appropriate license type.
Submit necessary documents, including:
- Passport copies of shareholders and directors
- Proof of residence (e.g., utility bill)
- Bank reference letter
- Business plan (if applicable)
Easy Step Consultancy will prepare your business file and submit to get approvals.
Pay the applicable fees to complete the registration process.
Upon successful registration, you will receive a Certificate of Incorporation, Memorandum of Association (MOA), and other relevant documents.
Costs Associated with Setting Up an Offshore Company:
Approximately AED 10,000–15,000 (varies depending on the license type and services required).
Around AED 6,000–10,000, payable each year to maintain the company’s legal status.
- Notarization and attestation fees: AED 2,000–3,000
- Additional services (e.g., virtual office, bank account assistance): AED 2,500–5,000
- Offshore companies in JAFZA must appoint a registered agent, costing approximately AED 6,000–8,000 annually.
Clear and competitive fee structures with no hidden costs.