Business Setup In Ajman Offshore
Many investors prefer tax-free zones that have a global reach and offer strong business support. Ajman Offshore offers all these benefits, making it a perfect fit for international businesses. It also has strict non-disclosure policies in place, ensuring companies’ privacy and security.
How to Set Up a Company in AJMAN Offshore?
Key Benefits of Business setup AJMAN Offshore
Dubai gives business owners the freedom to run their companies from the UAE. This makes it a great place to relocate. Its business-friendly ecosystem includes zero corporate and personal income taxes until October 2023. This makes it more appealing.
Dubai’s world-class infrastructure supports international trade. It has airports, ports, and strong global connectivity for businesses. Free zones also offer profit repatriation, customs duty exemptions, and simplified licensing procedures.
Required Documents for AJMAN Offshore Company Formation
Required docs:
- Passport copy
- Proof of address
- CV or business plan
- Chosen company name & activity
Cost of Business Setup In AJMAN Offshore
- Government Fees 2,500 – 3,000
- Registered Agent Fees 3,000 – 4,000
- Documentation & Attestation 500 – 1,000
- Total Setup (First Year) 6,000 – 8,000
- Renewal (Yearly) 5,000 – 6,000
Holding Company
General Trading
Professional Services
International Services
Investments
Shipping & Ship Management
Advisory & Consulting Services
Property Owning
Brokerage
Online Advertising
Frequently Asked Questions about Business setup AJMAN Offshore
1. Choosing business activities.
2. Registration of the trade name.
3. Choosing the type of legal entity to be registered.
4. Application & registration of license for relevant business. Relevance of business entity.
5. Application for visas.
This means that businesses registered in AFZ pay no corporate tax on their earnings. No import or export duties: There is no import or export duties on the goods and services traded within AFZ. This may save a business quite a lot of money on trading costs.
Preparing documents: The following documents need to be submitted to the Ajman Free Zone Authority (AFZA): Letter from the company for exit or dissolution of business. Copy of company's trade license. Memorandum and Articles of Association of the company.
The UAE FTA released a corporate tax guide covering the free zone regime under which qualifying free zone persons are charged with 0% corporate tax on qualifying income and 9% on other taxable income.
