The Emirate of Ajman situated on the coast of the Arabian Gulf extending over a distance of 16 kms between Sharjah & Umm Al Quwain is located on the western coast of United Arab Emirates. It covers an area of 259 sq km and was formed by the Al Nuaimi tribe, well known for their bravery, courage and wisdom who migrated to this region from Oman around 1775.
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no. 3 of 1996 issued by H.H. Sheik Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate.
The free zone authority introduced the registration & formation of International Business Companies (IBC) under Ajman Offshore Free Zone International Business Companies Regulations of 2014.
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Offshore Packages
Ajman Offshore
AED 11,065.00
- Certificate of Incorporation
- Memorandum & Articles of Association
- Registered Agent & Office
- Rubber Stamp, Registers, Share Certificate
- Share Certificate
- Refundable Deposit
Features of AJMAN IBC
Must end with “Limited”
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted (legalized corporate documents upto UAE MOFA are required to be submitted)
- Required to be filed to the registry
- Minimum: 1
- Currency: AED
- Form issued: Registered Shares
- Classes of shares: one or more
- Minimum: 1
- Residency Requirements: None
- Corporate Directors: Permitted
- Required to be filed to the registry
- Minimum: 1
- Residency Requirements: None
- Required to be filed to the registry
- No public disclosure of information
Every company is required to keep financial books and prepare auditor’s reports within 3 months by the end of every financial year. These must be approved by the shareholders. The accounts / audit report however do not need to be filed with the Authority.
Not required under AFZA regulation, however it is recommended to prepare audit report, as this may be required by the authority during compliance inspection.
Every company is required to keep financial books and prepare auditor’s reports within 3 months by the end of every financial year. These must be approved by the shareholders.
Not required to be filed to the registry
Yes, Company must appoint an approved registered agent.
Registration of the AFZ IBC will take approximately 3 days
All the companies which are registered in UAE shall compulsorily register for Corporate Tax. In case of companies, there is no threshold for CT Registration and it is mandatory to register in any case. The company must complete the registration 3 months from date of incorporation.
Every anniversary date of incorporation
Not Allowed
Not Allowed
Documents Required
KYC documents for individuals:
- An original passport must be verified personally in our office, otherwise the client can provide a notarized copy of the original passport
- Copy of UAE residence visa (if applicable)
- UAE entry stamp page of passport (if applicable)
- N.O.C. from UAE Sponsor (if applicable)
- Proof of address (original recent utility bill for residence)
- Bank reference letter (original)
- Personal profile
- Dully filled FATCA Form
- Notarized US Declaration (Applicable to a US Person)
KYC documents for Corporates Shareholders:
- Certificate of incorporation
- Memorandum / Articles of Association
- Board Resolution
- Power of Attorney
- Certificate of Incumbency
- Certificate of Good Standing
(Must be attested by the UAE Embassy/Ministry in country of origin and Ministry of Foreign Affairs in UAE)
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Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Answers to Your Most Common Questions
Find clear answers to the most common questions about our services so you can make informed decisions with confidence and clarity.
View AllChoosing the right incorporation in the UAE depends entirely on nature of business, target market, ownership preferences, visa requirements and infrastructure requirements. The main options are Mainland, Free Zone and Offshore each with distinct advantages and legal structures.
- Mainland and free zone companies are referred to as onshore companies.
- They are permitted to conduct business throughout the entire UAE including government entities.
- Other characteristics are 100% ownership, physical presence in UAE, low or no corporate tax depending on business sector, etc.
- 100% Foreign Ownership
- Tax benefits or exemptions, depending on the jurisdiction’s laws.
- High level of privacy, with limited public disclosure of owners’ identities in many jurisdictions.
- Asset protection, helping safeguard wealth from lawsuits, political instability, or economic risks.
- Flexible business structures, making it easy to manage and operate internationally.
- Minimal reporting or accounting requirements, depending on the jurisdiction.
- Used for international trade, investment holding, or intellectual property ownership.
- An individual or legal entity that owns shares in a company.
- They invest in the company and, in return, hold ownership rights.
- Shareholders may receive dividends, have voting rights, and benefit from the company’s growth.
- A person or legal entity appointed to manage and oversee the company’s operations.
- Responsible for strategic decisions, compliance, and overall governance.
- Acts on behalf of the company to enter into contracts and make business decisions.
Global Incorporations provides company incorporation service and has been active since long. We offer online company formation across various offshore & onshore jurisdictions across the world including United Arab Emirates (UAE) and have a team of experts in the disciplines of corporate matters, company formation, international taxation, finance, law and international business.
Payment can be done via cheque, bank transfer and credit/debit card
