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

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:

Starting at: $2490

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating 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

Interested in Ajman Offshore Company Formation?

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KEY OFFSHORE JURISDICTIONS

Latin America and the Caribbean

Europe

Middle East

Africa

Asia Pacific

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Requirement to File Annual Return

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