Ajman Offshore Company Formation
Offshore company formation in Ajman was initiated in 2014. Ajman Offshore Company falls under the jurisdiction of the Ajman Free Zone Authority. It has gained a reputation as the most sought after offshore jurisdictions in the world. Strategic location, competitive investment privileges and the hassle free process of incorporation and credibility of Ajman Emirate as one of the fastest growing regions has lured investors to establish offshore company in Ajman.
Offshore Company Setup in Ajman Free Zone
Setting up an offshore company in Ajman is inexpensive and time efficient. Ajman offshore companies are also non-resident companies, they are not given operating licenses rather they are issued a company incorporation certificate. Ajman offshore company cannot conduct business within the United Arab Emirates. The shareholders however are permitted to invest in UAE companies.
Unlike other emirates, minimum two directors are required for Ajman offshore company registration. A director or shareholder must be physically present in Ajman Free Zone office, along with a registered agent, and personally sign the documents. Moreover, offshore companies are required to conduct annual audits and hold meetings in the presence of an auditor.