UAE Offshore Company. Offshore Company Formation in the UAE
KGN Services specializes in Offshore Company Formation in the UAE, establishment of branches of local and foreign companies and opening bank accounts in the UAE
General Information about UAE Offshore Company
Types of Offshore Company in the UAE
Ajman Offshore Company
Benefits of setting up an Ajman Offshore Company
A minimum of one shareholder is required for an Ajman Offshore Company registration
A minimum of one director is required for an Ajman Offshore Company registration
Zero taxes and duties
Company can hold an account in a bank in the UAE
Ajman Offshore Company – Key Facts
Language of Legislation and Corporate Documents
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.
Restrictions on Trading
This type of 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
Each Ajman Offshore Company must have a Licenced Registered Agent in the UAE.
Registered Office Required
Each Ajman Offshore Company must have a Registered Office in the UAE, provided by a licenced service provider.
A minimum of one director is required for an Ajman Offshore Company formation. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.
A minimum of one shareholder is required for an Ajman Offshore Company formation.
Publicly Accessible Records
Location of Meetings of Directors and Shareholders
Personal Presence Required
Double Taxation Treaty Access
Requirements to File Accounts
Requirement to File Annual Return
Language of Name
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “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 the Ajman Offshore Company may end with the word “Limited” or “Ltd”.
Time to Incorporate
2-3 business days, subject to name approval.
Ajman Offshore Company Formation Prices
Ajman Offshore Company Registration Package Includes:
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)
Register of shareholders
Register of directors
Starting at: $2490
Why Choose KGN Services?
Services related UAE Offshore Company
KGN Services provides the following services related UAE Offshore Company:
Interested in Offshore Company Incorporation in the UAE?
Make the Most Out of the Land of Opportunity
If you are eager to run a business or start a new company without any financial inconveniencies, then offshore company formation in the UAE is the ideal choice for you. Worldwide Incorporation Services are specialized in establishing offshore companies in the UAE. Their market experience goes all the way back to 1998. This means that the organisation has become a reliable international provider for a large number of foreign companies. In this article, we will discuss the main factors concerning the creation of an offshore company in the UAE.
What Is a UAE Offshore Company?
It’s a fact that almost any activity connected with offshores has been treated as morally wrong and illegal for a long time. This is just not the case. Having an offshore company means that you can hold all your business transactions outside of the jurisdiction of a particular country. At the same time, it means that these procedures are under the control of another country’s jurisdiction.
This system helps a lot of enterprises carry out their business in a more efficient way. This is a way of figuring out the most beneficial financial prospects. Globalisation has turned offshore activity into an everyday working routine. Even the biggest firms, such as Google and Microsoft, use these opportunities in one way or another.
Can an Offshore UAE Company Formation Buy Property in Dubai?
This is one of the crucial advantages of registering your offshore company in Dubai. Having an offshore company in the city means that you have the opportunity to obtain real estate in Dubai.
Our modern world of globalisation offers a lot of options as to how one can run a business. There are plenty of countries where legal offshore activity is widely spread. Additionally, this method of conducting financial business transactions is becoming more and more popular globally every year. An offshore company is really cheap to set up these days. It helps to build various business ties.
It reduces not only your taxation but also your administrative commitments. Moreover, the system is already so highly developed that it provides businesses with the most convenient banking facilities on the market. As you can see, an offshore company is an option for anyone who wants to simplify their business activity.
KGN Services | UAE Offshore Company Formation
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