Ajman Offshore Company Formation

overview

Ajman offshore companies are non-resident companies that cannot take business within the United Arab Emirates but are permitted to invest in UAE companies. In order to have a budget friendly setup most of the companies prefer to go with Offshore services and we at Instaco help you with that option as well.

Advantages

Tax Advantage: -
Most of the offshore companies in Ajman are exempted from paying any taxes including personal income tax or corporate tax. Also, they do enjoy a 100% exemption from import and export taxes as well.
Ease to access multiple Bank accounts: -
An offshore company can set up multiple currency bank accounts with as many local and international banks in Ajman. This is advantageous as it gives MN's the flexibility to manage their funds in different parts of the world.

Note

The company can be incorporated in just 1 working day after company name approval and complete required documents are submitted. Also, shareholders need not come to Ajman for the company formation.

The following documents are required to establish a company inAjman Offshore: -

Passport copy of the shareholders.
Original proof of residence of the shareholder which could be a recent telephone/electricity bill or any Bank Statement that shows the address.
Duly signed application form and Memorandum of Association.