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The Ajman Free Zone (AFZ) Offshore Company is an attractive offshore corporate structure established in the Emirate of Ajman, United Arab Emirates, offering a cost-effective alternative to other UAE offshore jurisdictions. An Ajman Offshore Company benefits from zero corporate tax, zero personal income tax, 100 percent foreign ownership, no exchange controls, and no requirement for a physical office or local staff, making it a practical structure for international holding, asset ownership, and cross-border business activities.
The jurisdiction allows Ajman Offshore Companies to open bank accounts in the UAE and own property in Ajman in designated areas. Beneficial owner information is kept confidential and is not published in any public register. Neptune Fiduciaries assists clients in establishing their Ajman Offshore Company efficiently, handling all required formation documents and providing ongoing compliance and administrative support.
| Key Component | Description |
|---|---|
| Directors | Minimum of one director required No local director required Corporate directors permitted |
| Shareholders | Minimum of one shareholder required 100 percent foreign ownership permitted No local shareholder required |
| Public Accessible Records | No public register of directors or shareholders Beneficial owner information kept confidential |
| Registered Office in Ajman | Yes, required through registered agent |
| Physical Presence | No physical office required |
| Taxation | Zero corporate tax and zero personal income tax No exchange controls Cannot conduct trade within the UAE domestically |
| Share Capital | Minimum share capital of AED 10,000 (approximately USD 2,700) Any currency accepted |
| Duration for Incorporation | 1 to 2 Weeks |
| Accounts and Returns | Accounts must be maintained internally No requirement to file accounts publicly No audit requirement for offshore companies |
| Special Feature | Can hold UAE bank accounts Can own property in designated areas of Ajman |
| Nominee Services | Available |
| Banking | Yes, can hold UAE and international bank accounts |
| Requirements for Incorporation | Proof of Address Passport Copy (Certified as True Copy of the Original) |
For further details, please contact Neptune Fiduciaries via email info@neptunecorporate.com or sales@neptunecorporate.com or visit our contact page.
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