The Ajman Free Zone goes back to 1988 when it was first established and over the years it achieved autonomous status in 1996. Ever since then, the Ajman Free Zone has seen a tremendous surge of business activities particularly the formation of numerous offshore companies looking to benefit from the excellent tax policies this region has to offer. Ajman Offshore operates under the regulations and rules of the Ajman Free Zone Authority. Like all other offshore jurisdictions, the Ajman Free Zone offers Zero Taxation System as well as complete confidentiality of all company dealings and operations. Business Setup in Ajman is particularly lucrative, which is why there is always a strong influx of companies here from all parts of the world.