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OFFSHORE COMPANY FORMATION IN AJMAN

A To Z Guide For Company Formation For Ajman Offshore Company

Overview About Ajman Offshore Company

  • Ajman Government introduced regulations in 2014 for offshore company formation inside Ajman free zone.
  • Ajman offshore maintains high reputation with international financial authorities.
  • 100% foreign ownership is allowed.

  • Bank account of an offshore company registered with RAKEZ can be opened in multi currencies.

  • Ajman offshore company can only be registered through a registered agent.
  • Ajman offshore company is not allowed to rent an office location in UAE.
  • Ajman offshore company cannot conduct banking and insurance business.
  • Ajman offshore company is allowed to own real estate.
  • Ajman offshore companies are allowed to own shares in onshore LLC.
  • Names of share holders and directors are not displayed on public register.
  • Since 2019, it is mandatory to submit ESR notification for all offshore companies as per ministry of economy.
  • Offshore company does not fall under VAT levied by Government.
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Key Benefits of Registering Ajman Offshore Company

1

Asset protection

2

Succession planning

3

Privacy and Anonymity

4

Low operational cost

5

Operational bank account in multi currency

6

Invoicing internationally for trading and services businesses

7

Owning freehold real estate in Ajman

8

Owning shares in mainland LLC

Minimum Legal Requirements for Ajman Offshore Company

    Minimum one shareholder is required.

    Corporate company can also be a shareholder in an offshore company. However, all attested documents are required for a foreign corporate company.

    Having director is must in an offshore company. Director names are not available in the public domain.

    Appointment of secretary is must in JAFZA offshore.

    Share holders names are not available on public domain.

Documents Required to Register Ajman Offshore Company

Passport copy

Utility bill clearly showing name and address not older than 90 days

Bank reference letter from any recognised bank or bank statement

CV for the share holder

Business plan

Duly filled in application form

Any other compliance process adopted by an authority or registered agent

Popular Business Activities in Ajman Offshore Company

Property holding

Asset or share holding

Investment holding in form of stocks, precious metals and funds

International trading

International consultancy services

Holding IP rights

Special Note

Flyingcolour® assists in all types of company registrations in the United Arab Emirates. We assist in Mainland, Free Zone, or Offshore company registrations in all Emirates of the UAE and also assist in opening bank accounts with all local leading banks. We closely work with all Government Departments and banks.

Frequently Asked Questions

An Ajman Offshore Company is a legal business entity registered in the Ajman Free Zone that allows foreign investors to conduct international business activities while benefiting from tax efficiency and asset protection.

Yes. Foreign investors can enjoy 100% ownership of an Ajman Offshore Company without requiring a UAE national sponsor or partner.

The required documents generally include passport copies of shareholders and directors, proof of address, bank reference letters, and company incorporation documents for corporate shareholders.

No. An Ajman Offshore Company is primarily intended for international business activities and cannot directly trade within the UAE mainland without the necessary approvals and arrangements.

The incorporation process usually takes a few business days, provided all required documentation is complete and submitted correctly.

Yes. An Ajman Offshore Company may open a corporate bank account in the UAE, subject to the bank's due diligence and compliance requirements.

Flying Colour provides end-to-end assistance with company incorporation, document preparation, bank account opening support, compliance advisory, and ongoing business support services for Ajman Offshore Companies.