Ajman Free Zone established in 1988, just recently launched a brand-new initiative – the Ajman Offshore. This offshore center serves as an investment medium for companies and provides them the benefits of an offshore company, which includes zero taxation system and anonymity. It also provides the investors the following features:

No offices/industrial premises required

No trading within the UAE

No Chamber of Commerce registration required

No residence visa for founders and directors. Shareholders and/or directors are not automatically eligible to obtain a UAE residence visa from the offshore company opened.

No requirement for Submission of Annual Audit Report

Within a short span of 2 years, this jurisdiction has become the most sought after Offshore Jurisdictions in the world. The hassle free process of incorporation and credibility of Ajman Emirate as one of the fastest growing regions has lured investors to establish Offshore entity in Ajman.

Offshore company in Ajman can be used as a Holding company to own shares in other companies registered anywhere in the world. Offshore company can be used as a Special Power Vehicle (SPV) to execute any project. The usual method to structure a business is to register an offshore company and this offshore company will hold 100% shares of a Freezone Company in UAE. The ultimate beneficiary of Freezone company will be the owner of Offshore company though his name is not seen as the Shareholder or Director of Freezone company.