AJMAN International Business Company (Offshore)
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15+ Years Of Experience
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10+ Dedicated Team
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1000+ Happy Customer
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1000+ Companies Formed (in UAE and worldwide)
AJMAN International Business Company (Offshore)
The Emirate of Ajman situated on the coast of the Arabian Gulf extending over a distance of 16 kms between Sharjah & Umm Al Quwain is located on the western coast of United Arab Emirates. It covers an area of 259 sq km and was formed by the Al Nuaimi tribe, well known for their bravery, courage and wisdom who migrated to this region from Oman around 1775.
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no. 3 of 1996 issued by H.H. Sheik Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate.
The free zone authority introduced the registration & formation of International Business Companies (IBC) under Ajman Offshore Free Zone International Business Companies Regulations of 2014.
Advantages and Limitations
Advantages:
- 100% Ownership
- No capital requirements
- Asset Protection
- Permitted to deal with companies registered in Ajman Free Zone
Limitations:
Ajman international business company cannot:
- engage in any activities outside the Free Zone or carry out business with persons outside the Free Zone and within UAE (however permitted to deal with companies in Ajman Free Zone)
- have a physical office in UAE
- sponsor UAE residence visas for employees / directors / shareholder
- own more than 3 properties
Features of AJMAN IBC
Must end with “Limited”
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted (legalized corporate documents upto UAE MOFA are required to be submitted)
- Required to be filed to the registry
- Minimum: 1
- Currency: AED
- Form issued: Registered Shares
- Classes of shares: one or more
- Minimum: 1
- Residency Requirements: None
- Corporate Directors: Permitted
- Required to be filed to the registry
- Minimum: 1
- Residency Requirements: None
- Required to be filed to the registry
- No public disclosure of information
Not required under AFZA regulation, however it is recommended to prepare audit report, as this may be required by the authority during compliance inspection.
Every company is required to keep financial books and prepare auditor’s reports within 3 months by the end of every financial year. These must be approved by the shareholders.
Not required to be filed to the registry
Yes, Company must appoint an approved registered agent.
Registration of the AFZ IBC will take approximately 3 days
All the companies which are registered in UAE shall compulsorily register for Corporate Tax. In case of companies, there is no threshold for CT Registration and it is mandatory to register in any case. The company must complete the registration 3 months from date of incorporation.
Every anniversary date of incorporation
Not Allowed
Not Allowed
Documents Needed to Register an Ajman Offshore Company in UAE
KYC documents for individuals:
- An original passport must be verified personally in our office, otherwise the client can provide a notarized copy of the original passport
- Copy of UAE residence visa (if applicable)
- UAE entry stamp page of passport (if applicable)
- N.O.C. from UAE Sponsor (if applicable)
- Proof of address (original recent utility bill for residence)
- Bank reference letter (original)
- Personal profile
- Dully filled FATCA Form
- Notarized US Declaration (Applicable to a US Person)
KYC documents for Corporates Shareholders:
- Certificate of incorporation
- Memorandum / Articles of Association
- Board Resolution
- Power of Attorney
- Certificate of Incumbency
- Certificate of Good Standing
(Must be attested by the UAE Embassy/Ministry in country of origin and Ministry of Foreign Affairs in UAE)
Company Setup Cost
| 1st Year Fees & Charges: | |
| Authority fees for incorporation | AED 4,000/- |
| 2nd Year Onwards: | |
| Authority fees for renewal | AED 2,000/- |
*Professional Fees for Incorporation of AJMAN IBC and Annual Registered Agent Fees are to be quoted separately.
Our business serves as a one-stop shop for all types of company formation services. Many people and corporations have received assistance from Global Business Services FZCO in setting up their businesses in Ajman Offshore. Get in touch with us via call or email!
Furthermore, we offer professional and affordable services for business setup in Dubai and other emirates in UAE. We have a team of experts to provide you with accounting services in UAE, VAT Consultancy, Shared CFO, UBO Declaration, UAE Corporate Tax, AML in UAE and onshore (Free Zone) or offshore company formation in the UAE.
Company Setup in Ajman Offshore
Call us at +971 50 8992852 or email sagar.mehta@gbsei.com to learn more about the full requirements for company establishment in the Ajman Offshore
Why Choose GBS for Company Formation Services?
Understanding Clients’ Needs
As the best company setup consultants, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
We offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers.
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
Client words
Hear what our satisfied clients have to say about their successful journeys with us.
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1000+
Companies formed
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100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
