An offshore company in Ajman will have complete privacy and confidentiality in all the company information. None of the records including the names of directors and secretaries will be available other than the name and address of the company to the public.
All shares of an offshore company in Ajman should be in the registered form and no bearer shares are allowed.
There is a standing association of 45 countries that offer double tax treaties with Ajman and the offshore companies have access to the double tax treaties in the region.
Different tax benefits that an offshore license delivers for businesses include:
- Corporate tax exemption
- Income tax exemption
- No value-added tax
- No withholding tax
- No capital gains tax