Our Services - Offshore Company Formation, Nominee Director, Nominee Shareholder, Mail forwarding and Bank Accounts

Offshore Formations 247 specialize in Ajman company formations ranging from simple company registrations to complex structures including offshore Trusts and in providing a very comprehensive assortment of administrative services to Ajman companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Ajman Offshore Company, often for no cost at all. Our specialist Ajman company formation and company registration team:

• Retains well-established affiliations with local company agents in the Ajman
• Maintains an experienced staff with knowledge of legal requirements for company formation in the Ajman
• Guarantees that all company filing fees and documents are up-to-date and notifies clients of all Ajman compliance changes
• We are NOT tax planners or advisers and as such cannot give advice to clients regarding the advantages / disadvantages of Ajman offshore structures

Call our specialist Ajman company formation team FREE on 0800 840 1104. If you are calling from outside the UK, please call us on 0044 (0) 208 371 2300

Ajman Offshore Companies and their Tax Liability

Ajma free zone is a popular tax haven. As a bonus it also has about 45 tax treaties (as it's classed as part of the United Arab Emirates), which is rare for a tax haven, although these tend to mainly benefit Ajman companies allowing reduced withholding taxes on dividends and restricting tax overseas. It's also on the OECD 'white list' for having numerous exchange of information treaties.

Ajman Offshore Company Banking

Offshore Formations 247 can incorporate Ajman Freezone companies with a choice of offshore bank accounts at the time of formation. We work closely with a number of banks, including Mashreq, Emirates NBD, and FGB to name a few.

Ajman Offshore Company Formation / Registration

Offshore Formations 247 are able to incorporate an Ajman offshore company. We can incorporate the company within 24hours.

Ajman Offshore Company Anonymity and Disclosure

An offshore company in Ajman Freezone offers very good privacy and confidentiality, particularly given the fact that Ajman has no information exchange treaties. A minimum of one shareholder and one director is required to comply with company formation regulations in Ajman Free Trade Zone. There is no restriction on the maximum number of shareholders, and corporate shareholders are allowed. There is no register of shareholders or directors with an Ajman offshore company and therefore complete anonymity. As a result Ajman offshore and free zone companies are favoured in asset protection schemes. Thanks to the EU Savings Directive of 2003, and recent US-EU initiatives to wipe out tax havens, the UAE has become the better place to incorporate offshore companies for various reasons and purposes. UAE looks set to reap the rewards of a recent EU and US ruling under which banks are now forced to reveal information to tax authorities. Ajman enjoys a reputation as a secure, tax-free jurisdiction for international banking and Company Incorporation

Ajman Offshore Company Shares

There is no minimum capital requirement of an Ajman Offshore Company. Single class of shares is permitted and bearer shares are not permitted.

GENERAL

Type of entity	Limited by shares
Political stability	Excellent
Type of law	Federal / Sharia
Disclosure of beneficial ownership	No
Migration of domicile permitted	No
Corporate taxation	Nil
Language of name	English or Arabic

CORPORATE REQUIREMENTS

Minimum numbers of shareholders	1
Minimum numbers of directors	1
Corporate directors permitted	Yes
Minimum usual authorised capital	nil
Fully paid	Yes

LOCAL REQUIREMENTS

Local partner (UAE National or Company owned by UAE National)	No
Registered office / agent	Yes
Local directors	No
Local meetings	No
Government Register of Directors	yes
Government Register of Shareholders	yes
Local Auditor	No

ANNUAL REQUIREMENTS

Annual Return	No
Submit Accounts	No

RECURRING GOVERNMENT COSTS

Minimum Annual Tax/License Fee	same
Annual Return Filing Fee	nil

• Minimum of one Director and Shareholder is required
• There is no public register of company officers. No name is disclosed to register a company
• No accounting / reporting requirements
• Can do business in the UAE with appropriate licence
• No corporate, withholding or personal taxation
• Ajman offers complete anonymity and privacy as well as protection of any other information or assets
• No tax information exchange agreement with any country
• Incorporation procedures can be completed in 24 hours
• Corporate documents are produced in English