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Offshore Company in Ajman - ChoiceUAE.com


Offshore Company - Ajman

Offshore Company in Ajman

Ajman is one of the seven emirates constituting the United Arab Emirates (UAE). With an area of just 260 Km2, Ajman is the smallest emirate by area. The Population Of Ajman is about 3,61,160 in 2008. Ajman has experienced massive development and a construction boom in recent years.
After the success of freehold property in Dubai, Ajman was the second emirate to offer freehold property. Ajman is c`urrently the only emirate in the UAE offering investors of any nationality fully transparent true 100%

freehold ownership on real estate, which in turn has attracted a huge number of investors (local and international) to this emirate. One can find mineral springs in this region.

Establishing an offshore company with a base in Ajman provides you an entrance in the world of emirates. The relaxed tax structure here makes it a ‘one of a kind option’ and one benefit from the global city influence. Development in the recent years and a flourishing economy makes this Arab city for one of the most appropriate destination to venture into.

Registering an official offshore office here requires minimal amount of capital, usually lesser than compared to the amount required for registration of an onshore company. In certain zones and specific business areas there is no capital needed for registration

Lower Taxes – With lower taxation one enjoys the benefit of incorporating an offshore firm here. Legally bare minimum procedure of documentation makes it further beneficial. Along with minified taxation system Ajman has built a scaffold which diminishes possibilities of conflicts and issues pertaining threat to business.

COMPANY INCORPORATION: THE PROCESS
Upon agreement of our proposal/quotation, an engagement agreement will be executed between the two parties, and the documents supplied for the shareholder(s), director(s) and secretary(s) will be verified to prepare the documents. The documents will be signed in the presence of the registrar.
After company registration with the relevant jurisdiction, the shareholder(s) and Director(s) can then proceed to obtain a bank account internationally or locally. The documents of corporate kit include:
1. Memorandum and Articles of Association [original]
2. Certificate of Incorporation
3. Company Stamp
4. Disbursements not including courier fee

 

JAFZA

RAKIA

RAKFTZ

Minimal Number of Directors

2

1

1

Corporate Shareholder

Allowed

Allowed

Allowed

Corporate Director(s)

Not Allowed

Allowed

Allowed

Nature of Shares

Registered

Registered

Registered

Minimum Capital (AED)

1,000.00/-

1,000.00/-

1,000.00/-

Time Scales (upon receipt of full documentation)

4-5 days

2-3 days

2-3 days

Legalization Process of POA & Corporate Documents

Legalization & Super-legalization mandatory

Apostle Sufficient

Apostle Sufficient

Shareholders physical presence

Required

Not Required

Required

Applicable law

UAE

UAE

Any country can be opted for

Own property in UAE

Only purchase Dubai Holdings, Emaar, Nakheel  and Dubai World properties

NA

NA

 



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