How to Setup a Company in AJMAN OFFSHORE?
Here are the key steps to set up a business in AJMAN OFFSHORE.
Key Benefits of Business Setup In Dubai
1
100% Foreign Ownership
Ajman Offshore is an entity which provides full foreign ownership that ensures complete control for international investors.
2
No Corporate Tax
0% corporate tax policies increase the bottom line and profitability of companies that operate in the offshore sector.
3
Confidentiality
Strict privacy laws protect the existence of the company as well as the names of owners from public domain disclosure.
4
Easy Setup Procedure
A streamlined registration procedure allows a business to set up its operations in a quick and easy manner within Ajman.
Frequently Asked Questions
1. Choosing business activities.
2. Registration of the trade name.
3. Choosing the type of legal entity to be registered.
4. Application & registration of license for relevant business. Relevance of business entity.
5. Application for visas.
This means that businesses registered in AFZ pay no corporate tax on their earnings. No import or export duties: There is no import or export duties on the goods and services traded within AFZ. This may save a business quite a lot of money on trading costs.
Preparing documents: The following documents need to be submitted to the Ajman Free Zone Authority (AFZA): Letter from the company for exit or dissolution of business. Copy of company's trade license. Memorandum and Articles of Association of the company.
The UAE FTA released a corporate tax guide covering the free zone regime under which qualifying free zone persons are charged with 0% corporate tax on qualifying income and 9% on other taxable income.