Ajman Offshore Company Formation

• Publicly Accessible Records: No public register of company officers (Directors, Shareholders, Secretary)
• Nominee Shareholders and Nominee Directors: Yes, Allowed
• Disclosure of Beneficial Ownership to Authorities: No
• Meetings of Directors and Shareholders to be held: Anywhere
• Stability: Stable jurisdiction and good reputation.

• Share Capital Standard authorised share capital: AED1,000
• Minimum paid up share capital: None
• Classes of Share Available for Ajman offshore company formation: Shares with or without voting rights, deferred shares, preference shares, ordinary shares
• Bearer Shares: Not Allowed
• Registered Office Required: Yes required and must be maintained in Ajman
• Shareholders: Minimum number is one
• Directors: Minimum number is one.  Can be any nationality and need not be resident in Ajman. Corporate directors are allowed
• Your Company language: English
• Name of your Company must be ended: “Limited”/”Ltd”
• Documents required for a RAK company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months. 

• For a Ajman offshore company formation you cannot use words in your company names without justification: “Emirates”, “Emirate”, “Bank”, “Trustee Company”, “Assurance”, “Chamber of Commerce”,  “Trust Company”, “Insurance”, “Municipality”, “Municipal”, etc. (or any words that Registrar deems to be in connection with the Government of the Federation of the UAE, its agencies or identical bodies of any of the member States of the Federation)
• Restrictions on Trading: Not permitted to trade within UAE
• Not permitted without a licence: Fund management, insurance,  Banking, reinsurance, assurance,  trust management, collective investment schemes, trusteeship business provision.

1)      A passport copy of each shareholder of the company
2)      An original bank reference letter for each shareholder in English
3)      An original proof of residence for each shareholder in English
4)      Curriculum Vitae for each shareholder in English
5)      Articles of association, memorandum of incorporation and the application for incorporating an offshore company.
6)      Application form for offshore

• Capital: Abu Dhabi
• Political System: Democracy
• Government: Monarchy
• Governing corporate legislation: Offshore Regulations 2006
• Type of Law: Civil
• Currency: Dirham (AED)
• Exchange Control: None
• Language of Legislation and Corporate Documents: English/Arabic
• Time zone: GMT+4