Since its establishment in 1988, Ajman Free Zone (AFZ) has attracted a plethora of establishments to take advantage of its investment privileges, thereby bolstering UAE's trade, industry, and financial sector. AFZ provides businesses with modest amenities and opportunities to yield a significant return on their investment. The UAE's Free Zones or Free Trade Zones aim to promote international business by providing government incentives such as tax exemptions, customs duty waivers, and complete foreign company ownership. Free Zones are instrumental in the growth and development of the UAE, with over 40 currently in operation across the country. They cater to various sectors of the economy, including healthcare, education, advertising, media, automotive, and commodities trading

1. Ajman off-Shore
Business Bay
Location : Dubai, UAE
Phone: +971 4 557 9404
Website : https://ajman-offshore.ae/
Ajman Offshore Company Formation
Ajman Free Zone (AFZ) was founded in 1988, as one of the three primary offshore jurisdictions in
the UAE. AFZ has led to massive industrial developments in Ajman by attracting a significant
number of businesses to benefit from the investment privileges, thus strengthening industry and
trade, and the financial sector in the UAE.
Ajman Free Zone provides competitive amenities and privileges allowing establishments to acquire a
substantial return on their investment.
We work in close collaboration with Ajman Free Zone as a registered agent and can propose
offshore company set up services to form a bespoke offshore company in Ajman. The company can
benefit from over 40 Double Taxation Treaties (DTAAs) as well as its status as a white-listed
independent jurisdiction for offshore purposes.
ADVANTAGES OF OFFSHORE COMPANY FORMATION IN AJMAN
There are several benefits in setting up an offshore company in Ajman:
● 100% foreign ownership – Emirati partner is not required
● 100% ownership of the company

2. ● Personal income tax exemption
● Import and export duties are exempted
● Low-cost labour
● Exemption from other taxes
● Secure transfer of profits and capital
● Well-rounded infrastructure
● Easy opening of bank accounts in the UAE
● No residence visa
● Leasing prices are competitive
● No auditing required
● No foreign currency restrictions
● Not required to rent an office space
● Privacy of directors and shareholders is maintained
We have strong relationships in the Ajman financial sector and can provide our clients with an
overview of the financial institutions in the Ajman for your offshore company. We can facilitate the
opening of bank accounts for your Offshore Company in multiple currencies including GBP, USD,
CHF, Euro and many others.
DOCUMENTS REQUIRED TO FORM AN AJMAN OFFSHORE COMPANY
For an Individual Shareholder:
● Passport copies with a validity of at least six months
● Application form
● Proof of residence (A telephone or electricity bill not older than three months should be
sufficient)
● Curriculum Vitae or résumé of the shareholder(s)

3. For a Corporate Shareholder / Entity:
● Notarised incorporation certificate or trade license copy
● Valid passport copies of representatives and directors with a validity of at least six months
● Notarized, original incumbency certificate
● Notarised, original good standing certificate
● Original shareholder’s resolution that is notarized
● Parental company’s Memorandum and Articles of Association copy
All the above documents can be accepted in English or Arabic.
AJMAN OFFSHORE CAN CONDUCT VARIOUS ACTIVITIES UNDER ITS LICENSE:
● Commission Agents
● Joint Investments and Investments Corporation
● Owning of properties
● General trading company
● Holding firm
● Advisory and consultancy services
● International service sector
● Professional services sector
● Shipping companies
Ajman Free Zone (AFZ) Company
Formation
Established in 1988, Ajman Free Zone (AFZ) attracts numerous establishments to take advantage of
the several investment privileges, in so doing solidifying UAE’s trade, industry and the financial

4. sector. AFZ offers modest amenities and opportunities allowing businesses to acquire a significant
return on their investment.
A Free Zone or a Free Trade Zone is intended for encouraging international business in the UAE by
offering government incentives including, free of tax, free custom duty and complete foreign
company ownership.
Free Zones play an essential part in the growth and development of the UAE. There are currently
over 40 free zones across the country. The Free Zones in the nation serve various sectors of the
economy including healthcare, education, advertising, media, automotive, goods trading and
commodities.
WHY SET UP A BUSINESS IN AJMAN FREE ZONE?
There are several benefits when setting up a Free Zone Company setup in Ajman:
● 100% Foreign ownership, no local sponsorship required
● No capital gain tax and personal income tax
● Complete repatriation of profits and capital
● Quick start-up and licencing process
● No Import / Export duties
● No corporate tax
● No restriction in currencies
● Uncomplicated recruitment and liberal labour laws
● Transfer of profits and capital is easy
● Utility bill prices are competitive
● Cost of labour is economical and easy to access
● Infrastructure is highly developed
AJMAN FREE ZONE STRATEGIC LOCATION ADVANTAGES
Land – There is an international road network linking AFZ with neighboring countries

5. Air – International airport is 20 minutes away from AFZ
Sea – Ajman Port is located opposite to AFZ
HOW WE CAN HELP IN STARTING A BUSINESS IN DUBAI FREE ZONE
We advise clients on market entry into the UAE and which Free Zone is best suited to their individual
business needs. We assess our clients’ needs and provide bespoke solutions tailored to their
industry sector. We offer cost-effective solutions that allow our clients to advance as their business
grows organically.
We can advise on which Free Zone best suits your business plan at every stage of initial business
development, market evaluation, company formation with upscaling mechanisms as required
therein.
OUR TURNKEY FREE ZONE COMPANY FORMATION SERVICES IN DUBAI INCLUDE:
● Interface with all Free Zone authorities
● Company formation at all stages until issuance of Trade License
● Attainment of all third-party approvals required from government ministries
● Processing of all visas with the Free Zone and the Ministry of Immigration
AJMAN FREE ZONE TYPES OF LICENSES
● E-Commerce License
● Business License
● Offshore License
● Service License
● Industrial License

6. AJMAN FREE ZONE TYPES OF OWNERSHIP
● Branch of a Foreign Company
● Free Zone Company
● Free Zone Entity
● Branch of a Local Company
REQUIRED DOCUMENTS TO FORM AN AJMAN FREE ZONE COMPANY
● A passport size photograph
● Passport copies with a validity of no less than six months
● If the company carries out electronic, industrial or service activity, a feasibility study would be
necessary
● If the applicant is an employee resident of the UAE, a No objection certificate (NOC) will be
mandatory
● Trade name approval fees of AED 100