Introduction
Ajman Media City Free Zone is newly established free zone situated at Ajman, UAE and it is 40 minutes drive from Dubai. Ajman Media City Free Zone is the best place for creative and media businesses. AMCFZ offers competitive company formation packages and attracts many entrepreneurs to establish their businesses in the free zone.
Benefits of Ajman Media City Free Zone
Followings are the benefits of formation of company with Ajman Media City Free Zone:
- Quick and simple online registration process
- License issued within 24 hours
- Most competitive company formation packages
- Multiple business activities under one license
- 100% foreign ownership
- 100% repatriation of capital and profits
- No personal and corporate tax
Ajman Media City company setup require below license types
Ajman Media City issues below license types:
- Trading/Commercial license : To carry out any business or trade for which it is issued and accompanied with it are the list that one’s should opt to consider in FZ area.
- Service/Consultancy license : To carry out the business of providing professional services which include Marketing consultancy, Management consultancy and IT consultancy.
- E-commerce license : Offers to investors interested to explore the opportunity to sell online using different platforms.
Ajman Media City Free Zone license Cost
Following company formation packages offered by Ajman Media City Free Zone:
| Sr. No. | Package name | Visa eligibility | Cost (AED) |
|---|---|---|---|
| 1 | Business Club | 0 visa | 8,500/- |
| 2 | Bronze package | 1 visa | 11,500/- |
| 3 | Silver package | 2 visas | 14,500/- |
| 4 | Silver Plus package | 3 visas | 17,500/- |
| 5 | Gold package | 5 visas | 25,500/- |
| 6 | Platinum package | As per requirement | Customized |
| 7 | Holding package | 0 visa | 5,000/- |
| 8 | Social Media Influencer | 0 visa | 2,500/- |
Ajman Media City Free Zone visa cost
| Sr. No. | Particulars | Cost (AED) |
|---|---|---|
| 1 | Establishment card | 575/- |
| 2 | E-channel (it includes refundable deposit of AED 5,000/-) | 7,220/- |
| 3 | Entry permit | 645/- |
| 4 | Resident visa stamping (Owners/Partners) | 1,245/- |
| 5 | Resident visa stamping (Employees) | 805/- |
| 6 | Medical & Emirates ID | 1,200/- |
List of documents required for Ajman Media City company setup
Following documents are required for formation of company:
- Passport copy
- Passport size photograph
- Residential Address
Timeline
| Sr. No. | Particulars | Working days |
|---|---|---|
| 1 | Issuance of license | 1 day |
| 2 | Issuance of establishment card | 5 to 7 days |
| 3 | Issuance of entry permit | 5 to 7 days |
| 4 | Medical & Emirates ID | 1 day |
| 5 | Visa stamping | 3 to 5 days |
Ajman Media City Free Zone license renewal cost
Trade license renewal can be done online without visiting the authority. The renewal of trade license cost shall be the same as paid at the time of company incorporation.
Ajman Media City Free Zone license Amendment
Most of the amendments can be done online without the presence of owner or manager of the company. Amendment charges are also low.
Ajman Media City Free Zone company liquidation
The license liquidation fee in Ajman Media City Free Zone is approx. AED 1,800/-. The liquidation can around 4 to 5 weeks time to complete the whole process. It requires below steps:
- Visa cancellation
- Establishment card cancellation
- Termination of lease and
- Liquidation of license
Conclusion
Ajman Media City Free Zone is suitable for creative and media activities. Its company formation packages are very low, process is quick and easy. We, The Prefect Advisors DMCC can assist you in formation of company in Ajman Media City and if you need further information/clarification then feel free to contact us.
