Legal Requirements for Ajman Offshore Company Setup

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LEGAL REQUIREMENTS FOR AJMAN OFFSHORE COMPANY
SETUP
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Introduction
Ajman is one of the UAEs most active emirates
and is currently gaining wide popularity as an
offshore business registration location. The
advantageous geographical position, tax system,
and ease of business establishment make Ajman
offshore company formation appealing to
businesses and investors from all over the world.
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Key Legal Requirements

• Here are some of the most important legal
  requirements for setting up an offshore company
  in Ajman
• Minimum Shareholder Requirement
• Director and Secretary
• Registered Agent
• Company Name
• Business Activities
• Paid-Up Capital

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Documentation

• The following documents are normally used in the
  registration of a business set-up
• Certified true copy of the passport of
  shareholders and directors
• Shareholders and directors proof of address
• Completed application forms
• Articles of Association
• Memorandum of Association

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Advantages of setting up Ajman Offshore Company
Setting up a business in Ajman offers you the
benefit of exemption from corporate tax and
income tax. This makes Ajman offshore companies
among the best options for business firms that
want to avoid or pay low taxes. Ajman also allows
100 free zone ownership, meaning that offshore
companies can be owned fully by investors from
other countries.
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Additional Tips
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The setup process can be simplified with the help
of experienced business setup consultants in
Dubai who can also advise on legal requirements.
It is important to stay informed about any
changes in the legal and regulatory environment
of Ajman to be able to remain legal and to fully
leverage the opportunities of having an offshore
company.
If your business involves some sort of movement
within the UAE, there are other advantages, such
as customs exemptions and a dedicated
infrastructure.
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Conclusion
The formation of an Ajman offshore company is a
profitable process for those companies that are
interested in the expansion of their operations
outside the countrys borders and the reduction
of their taxes. If you know the legal basics and
take advantage of what Ajman can provide, you can
build a good starting point for your offshore
business. With the help of these recommendations
and professional help, it is possible to set up
your Ajman offshore company and start the
exciting path of international business
development.
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