Ajman offshore business setup enables entrepreneurs to register a company in the UAE for international operations, asset protection, and tax-efficient global trading without having to physically operate in the UAE market. This territory has become one of the most economically viable and user-friendly offshore jurisdictions in the UAE, offering a fast-track registration process and minimal administrative requirements compared with other emirates.
Choosing Ajman, entrepreneurs can enjoy the benefits of a stable legal environment and the prestige of a UAE address without the high costs of renting a physical office. The authority offers a flexible, tailor-made framework for international consultants, holding companies, and global traders who value confidentiality and quick execution.
What is an Ajman offshore company?
An Ajman offshore company is a legal vehicle for corporations that require a UAE-registered entity for international operations without a physical UAE-based presence. Such a company is a non-resident entity licensed by the Ajman government within a free zone; however, it is not permitted to operate in the UAE’s local markets or engage in any mainland commercial activity.
This structure is commonly used to hold assets such as corporate shareholdings and intellectual property, alongside international trading. Many investors utilise it to acquire real estate within approved developments, ensure robust financial confidentiality, and manage global wealth under a tax-neutral regime.
Why entrepreneurs choose Ajman offshore
Entrepreneurs select Ajman offshore mainly for its fast, cost-effective access to a top-tier financial centre that offers maximum privacy and 100% foreign ownership. It is the best option for those who do not require physical office space or staff visas, as the jurisdiction does not impose a local physical presence.
The main benefits are as follows:
- Tax-free environment: No corporate or personal income taxes.
- Privacy: The public register does not contain the details of shareholders and directors.
- Minimal requirements: There is no need to submit annual audits or to carry out complex accounting filings.
- Fast incorporation: Company setup can sometimes be completed within 24 to 48 hours.
How to set up an Ajman offshore company
Anyone can set up an Ajman offshore company by choosing the right activity, organising necessary documents, and filing an incorporation application through the Ajman Free Zone Offshore Authority. However, this must be done through a registered agent, who serves as an intermediary between the client and the government.
When selecting business sectors, investors most commonly form a holding company to manage subsidiaries, engage in global trading to leverage cross-border e-commerce, provide international consulting services, and more. Additionally, it is an attractive vehicle for property holding, enabling investors to build a real estate portfolio in targeted UAE zones and support simple succession planning.
Step-by-step process for Ajman offshore business setup
The setup process for an Ajman offshore company is divided into a series of steps that represent the different stages of administrative approvals, each addressing a different aspect of compliance, with the overall objective of keeping matters efficient. Essentially, your registered agent will submit all the documents on your behalf electronically, and the state department will issue the license based on your agent’s application. Here’s how the process works:
Select your offshore activity
You must first determine the scope of your business, as the license will specify which international activities you can conduct. Typical selections include general trading, investments, or professional services, as these define the legal boundaries of your worldwide operations.
Choose the company name
It is a must to choose a distinctive company name that finishes with “Limited” or “Ltd” to denote the company’s offshore status. The company name must be approved by the Ajman Authority to ensure it does not conflict with existing brands or contain prohibited terms.
Prepare required shareholder and director documents
Ajman authorities require that all parties be clearly identified through KYC. This means they will need passport copies certified by a notary, proof of residence, and the persons concerned to initial the draft of the Memorandum of Association.
Submit application to the Ajman Offshore Authority
After all the necessary documentation has been gathered, your registered agent will forward the formal application to the Ajman Free Zone. The submission will then initiate background checks and review of the regulatory requirements essential to legal incorporation.
Receive initial approval
The authority will grant a provisional go-ahead once it is satisfied with the submitted business name and shareholder profile. This indicates that the organisation has a solid legal structure and is ready for finalisation.
Pay incorporation fees
After approval, the applicant must pay the government registration and licensing fees. These fees are uniform and among the most competitive in the Middle East for offshore jurisdictions.
Obtain certificate of incorporation
The Certificate of Incorporation issued by the Ajman Offshore Authority will essentially be the birth certificate of your company. You will also receive the Memorandum and Articles of Association, along with a register of shareholders.
Open a corporate offshore bank account
The final step would be applying for a corporate bank account to enable international transactions and manage capital. Although an offshore company cannot maintain a local business account for trading in the UAE, it can still maintain multi-currency accounts for global wealth management.
What activities can an Ajman offshore company carry out?
An Ajman offshore company can engage in a broad range of international business activities, including trading, consulting, and asset holding. These firms are highly flexible instruments for global trade; however, by law, they are not permitted to engage in trading activities in the UAE mainland or with UAE residents.
International trading
Companies can conduct trade in goods without involving the UAE. Hence, a tax-efficient hub can be created where goods flow worldwide, and financial transactions are processed through the Ajman company.
Consultancy and advisory services
Professional service providers rely on this setup to extend their expertise to global clients. It is well-suited for IT consultants, management advisors, and marketing experts who work remotely and do not require a physical office in the UAE.
Holding company structure
An Ajman offshore company can hold shares in companies based in other jurisdictions. It is common practice to use this method to consolidate ownership and facilitate the transfer of assets or dividends.
Asset protection and wealth management
High-net-worth individuals hire such companies to protect personal assets from the risk of legal liabilities or inheritance disputes. The Ajman law enforcement jurisdiction provides strong legal protection for each owner’s private and business assets.
Property ownership in designated UAE zones
Offshore companies are allowed to purchase freehold properties in certain parts of the UAE, especially in Dubai and Ajman. Such a facility enables corporate ownership of properties, making it easier to resell and manage rental income.
Global investments and portfolio management
The entity may be used to facilitate the holding of stocks, bonds, and other financial instruments across the world markets. One of its roles is to provide a safe, stable way for investors to manage their diverse portfolios under a well-established international brand.
Ajman offshore vs free zone vs mainland
Whether you go offshore, free zone, or mainland depends on whether you are looking for opportunities in international trade, UAE-based operations, or having full access to the local market. Each setup comes with different access levels to the UAE economy and different requirements for physical presence.
- Offshore: Perfect for international business and asset protection at a minimal cost. It does not grant residency visas or permit you to lease a physical office in the UAE.
- Free Zone: Designed for UAE operations that require visas and a physical office, but still 100% foreign ownership. It permits trade within the free zone and internationally.
- Mainland: This option offers full access to the UAE local market and government contracts. It is the strongest option, but it also costs more and requires regulatory compliance.
If entrepreneurs only require a legal entity for international operations, they should go offshore; if they want to hire staff in the UAE, they must choose either a Free Zone or the Mainland.
Cost of Ajman offshore business setup
Ajman offshore setup is among the most affordable in the UAE and has become a top choice for start-ups and investors, as the total cost is significantly lower than mainland or free zone setups due to the absence of office rent or visa deposit requirements. Here are the costs to factor in when looking for an Ajman offshore business setup:
- Registration fee: Approximately USD 2,000–USD 3,000 (standard government rate).
- Agent fee: Varies by service provider and covers handling legal paperwork and serving as the registered office.
- Document notarization: Costs related to verifying passports and proof of address.
- Annual renewal fee: Usually slightly lower than the initial registration fee.
- Optional bank account support: Additional fees for professional assistance with banking applications.
Depending on the complexity of the shareholding structure, the total initial costs are estimated to range between USD 3,500 and USD 5,500.
Documents required for Ajman offshore business setup
The paperwork for an Ajman offshore company is transparent and designed to establish shareholders’ identity and trustworthiness. A large number of such documents can be provided in digital format via your registered agent.
- Passport copy: Shareholders and directors are required to provide high-resolution colour copies.
- Proof of residence: A utility bill or bank statement not older than 3 months and including a physical address.
- Passport-size photo: Recently taken photographs for the authorities’ records.
- Bank reference letter: Your current bank writes a letter verifying that you are a reputable account holder.
- Proposed business activities: A short outline of the company’s international operations.
- Memorandum and Articles of Association: The legal framework of the company, prepared by your agent for your signature.
Limitations of Ajman offshore companies
Despite their high level of versatility, Ajman offshore companies are still not permitted to conduct business with UAE residents or lease a physical office in the country. They are essentially “non-resident” entities, and, aside from their legal registration, they remain invisible to the UAE’s local economy.
The principal limitations are:
- No UAE visas: You are not granted a residency visa for yourself or your staff via an offshore company.
- No local trade: You are not permitted to sell goods or services to local companies or residents in the UAE.
- No local office: You are not allowed to lease a commercial space in the UAE.
- Restricted activities: Certain regulated sectors, such as banking, insurance, and aviation, are off-limits to offshore companies.
Frequently asked questions
Can an Ajman offshore company own property in Dubai?
An Ajman offshore firm can acquire real property in Dubai only when the property is in a free zone and the purchase is approved by the Dubai Land Department.
Can offshore companies open UAE bank accounts?
Of course, offshore companies may open bank accounts in the UAE. However, the procedure is somewhat tougher for them as compared to mainland companies. They are also usually required to maintain a higher minimum balance.
Do offshore companies pay tax in the UAE?
No, Ajman offshore companies are generally exempt from UAE corporate tax on their international earnings and do not pay personal income tax.
How long does Ajman offshore setup take?
Normally, the formation takes 2 to 5 working days after all relevant paperwork is submitted and the authority verifies it.
Can one person own an Ajman offshore company?
One person can be the sole shareholder of an Ajman offshore company and also serve as the only director and secretary.
About Set Hub
Set Hub is a leading consultancy firm that focuses on providing international investors with guidance on navigating the complexities of the UAE business market. Our team offers a full range of services from the first step and guarantees a seamless, growth-oriented process, whether it’s a business setup in Dubai or an offshore structure in Ajman. Get in touch today for a consultation.