AJMAN OFFSHORE COMPANY FORMATION
Ajman Offshore Company. Ajman Offshore Company Formation.
KGN Services specializes in Ajman Offshore Company Registration and opening bank accounts.
RAK ICC – General Information
Emirate: Ajman.
Country: UAE.
Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.
Time Zone: UTC+4.
Currency: Emirati dirham (AED).
Ajman Free Zone – Overview
Ajman FZ Authority is an entrepreneur’s heaven today enjoying a number of unbeatable advantages and privileges. Officially established in 1988 and was given autonomous status under the Amiri decree no 3 of 1996 issued by Sheikh Humaid Rashid al Nuaimi ruler of Ajman, Ajman FZ Authority has been named as the sole regulatory agency for Free Zone in the Emirate. Ajman Free Zone is strategically situated at the entrance of the Arabian Gulf.
Its location is well positioned to serve the eastern and the western markets to set up business. Its proximity to Dubai and Sharjah is an open opportunity for an easy accessibility to the two international airports and four ports. Ajman port serves over 1000 vessels every year and today, it has emerged as an important maritime focal point. Ajman FZ offers global opportunity for foreign investment with the main motive being to provide a platform for investment, trade and industry business establishment. The primary aim of this zone is to provide crucial cost saving benefits for entrepreneurs compared to other free zones within the United Arab Emirates.
Key Benefits of Ajman Offshore Company
- UAE offshore company
- 100% foreign ownership
- The minimum number of shareholder is one
- The minimum number of director is one
- Zero taxes and duties
- Allowed to hold a bank account in the UAE
Key Facts
Language of Legislation and Corporate Documents
English/Arabic.
Investor or Employment Visa
No.
Share Capital
The minimum requirement for share capital is AED1,000, Which must be fully paid up.
Classes of Share Available
Ordinary shares, preferred shares, deferred and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
This type of Ajman Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Agent Required
Yes.
Registered Office Required
Yes, must be maintained in the Ajman Free Zone.
Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.
Shareholders
The minimum number of shareholders is one.
Publicly Accessible Records
No.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
Dirham (AED).
Exchange Control
None.
Language of Name
English/Arabic.
Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust” or “Trustee”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of an Ajman company may end with the word “Limited” or “Ltd”.
Time to Incorporate in Ajman
1-2 business days, subject to name approval.
Ajman Offshore Company Formation Prices
Ajman Offshore Company Formation Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Registration
- Registered Office Address for 1 year
- Registered Agent Services for 1 year
- Government filing fee
- Memorandum & Articles of Association
- Minutes of first meeting appointing the director(s)
- Share Certificate(s)
- Register of shareholders
- Register of directors
Starting at: $2490
Why Choose KGN Services?
We’ve been helping business owners since 1996Incorporating your business is our focus
We make a complex process fast and easy
We work closely with Companies Registries to guarantee our service
Fastest offshore companies & accounts – Most competitive pricing worldwide
Services Offered in Ajman
KGN Services provides the following services related Ajman Offshore Company Format
- Ajman Offshore Company Formation
- Registered Agent Services
- Registered Office Address
- Full Administration & Secretarial Services
- Opening of Bank Accounts in the UAE
- Trade Mark Registration
Interested in Ajman Offshore Company Formation?
KGN Services | Ajman Offshore Company Registration | Ajman Offshore Company Formation
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Requirement to File Annual Return
