Ajman Media City Free Zone
Ajman Media City Free Zone was the newly established free zones in the UAE. It has attracted entrepreneurs and investors because of its affordable company formation packages. It has created a friendly environment for those willing to do business in the Ajman Media City Free zone.
In addition, the Ajman Media City Free Zone is adjacent to both Sharjah International Airport and Dubai International Airport. As a result, it will aid in attracting visitors and foreigners to Ajman's business marketplaces.
Characteristics of Ajman Media City Free Zone
Characteristic Type | Characteristic Trait |
---|---|
Company Type | Free Zone Company (FZCO) |
Governing Body | Ajman Media City Free Zone Authority |
Minimum Number of Shareholders | 1 |
Minimum Number of Managers | 1 |
Accounting and Book Keeping Requirements | No |
Renewal Date | Annual Date of Incorporation |
Corporate Taxation | 0% |
Visa Type | Employment Visa Only |
Ownership | 100 Percent Foreign Ownership |
Type of Activities | Trading/Service/Industrial/ |
VAT Percentage | 0% |
Duty for Import and Export | 0% |
Duration For Company Formation | 9 - 13 Days |
Paid Up Capital | No Paid Up Capital |
Local Partner Required | No |
Documents Required
- Color Passport Copy
- Visa status copy / Entry stamp copy
- Passport Size Photo
- Other documents depending on the business activity
Banking Partners
Statistics
Ajman Media City Free Zone was established to boost competitiveness among local and regional corporations with an inspiring and professional business environment. Investors benefit from shared workspaces, simple registrations, flexible processes, and professional support at every business formation stage.
Ajman Media City Free Zone offers a wide range of lucrative packages for new investors. However, the most attractive feature of this free zone is the perfect list of deliverables after registering the business in AMCFZ. It aims to create a world-class business environment with innovative and flexible processes to guarantee professional guidance in every step of company formation.
A glance at Ajman Media City Free Zone in a nutshell
Government Authority | Ajman Free Zone Authority |
Founded | 2018 |
Industries thrive in Ajman Media City free zone | Service/consultancy, E-commerce, Media related trading |
Legal entities | Free Zone Establishment, Free Zone Company, Branch of a local company, Branch of a foreign company, Subsidiary of a foreign company |
Business license | Trade license, Industrial license, Service license, and E-commerce license, Social media influencer license, Professional license |
Ajman Media City facilities | Shared permanent desk space, shared permanent office, full-time executive office |
Activities under one license | Up to 5 activities under one license |
Visa packages | Smart package and Executive package |
Registration Process
Complete the Application Form
Submit Your Documents to the Authority
Obtain Your License
Obtain Your Residency Visa
Open Your Bank Account
Terms and Conditions
*Duration is subject to the constraints of the due diligence procedure.
**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.
***The required documents must be provided for every individual related to the company.
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FAQs
Whether Ajman Media City the newly established free zone?
Yes, Ajman Media City free zone is the newly established free zone.
Who issues Ajman Media City license?
The respective free zone authority issues license in Ajman City Free Zone.
List down the procedures for business setup in Ajman Media City?
The following are the procedures one should follow for business set up in Ajman Media City free zone.
- Decide a business activity
- Determine the type of legal entity
- Choose a trading name
- Apply for a business license
- Choose an office space
- Get pre-approvals, register your business and obtain your license
How many days does it take for Ajman media city company formation?
It takes around 10-15 days for Ajman Media city company formation.
How many businesses were there in Ajman Media City?
There were more than 9000 businesses in Ajman Media City Free Zone.