Ajman Media City Free Zone Company Formation

Ajman Media City (AMC) is a free zone located in the Emirate of Ajman, United Arab Emirates (UAE). It was established in 2018 as a hub for media and creative industries, offering a variety of services and facilities to support businesses in the sector.

AMC offers a range of business licenses for media, entertainment, and creative companies, including production, broadcasting, advertising, event management, and publishing. The free zone provides a conducive environment for companies to operate and grow, with a range of modern infrastructure and support services.

Step by Step Process to Ajman Media City Free Zone Company Formation:

Step 1: Determine the Business Activity

The first step in AMC busIness Setup is to determine the type of business activity you want to engage in. Ajman Media City license are offered for a variety of activities, including media, technology, and e-commerce. You need to choose the appropriate business activity based on your requirements.

Step 2: Choose the Business Entity Type

The next step is to choose the type of business entity you want to set up. Ajman Media City allows individuals and companies to set up different types of business entities such as sole proprietorship, partnership, limited liability company (LLC), and branch office.

Step 3: Choose a Trade Name and Obtain Initial Approval

Once you have determined the business activity and chosen the business entity type, the next step is to choose a trade name for your company. The trade name must be unique and should not conflict with any existing registered names. After selecting the trade name, you need to obtain initial approval from Ajman Media City.

Step 4: Submit the Required Documents

After obtaining the initial approval, you need to submit the required documents to the Ajman Media City authorities. The documents required for Business Setup in Ajman Media City include a copy of the shareholder’s passport, shareholder’s visa copy (if applicable), business plan, and no-objection certificate from the current employer (if applicable).

Step 5: Pay the Required Fees

After submitting the documents, you need to pay the required fees for your license and other services. The fees vary depending on the type of business activity and the business entity type.

Step 6: Obtain the License

Once you have paid the fees, you will receive the license from Ajman Media City. The license is usually issued within a few working days.

Step 7: Open a Bank Account

After obtaining the license, you need to open a bank account in the name of your company. You need to provide the bank with the necessary documents, such as the license and the passport copies of the shareholders.

Step 8: Obtain Visas

Ajman Media City allows companies to apply for visas for their employees. The visa requirements and procedures vary depending on the business entity type and the business activity.

Step 9: Rent Office Space

Ajman Media City requires companies to have a physical office space in the free zone. You can choose from a variety of office spaces available within the free zone based on your requirements.

Step 10: Commence Operations

After completing all the above steps, you can commence your business operations in Ajman Media City.

Advantages of Ajman media city Company Formation:

Strategic Location: Ajman Media City is strategically located in the heart of Ajman and close to the other Emirates of UAE such as Dubai, Sharjah and Umm Al Quwain. It is easily accessible from the UAE’s major highways and is just a short distance away from Dubai International Airport.

Cost Effective Business License: The cost of AMC Business License is comparatively lower than other free zones in the UAE. The visa fees, and other associated costs are also affordable.

Tax Benefits: Ajman Media City offers 0% corporate and personal income tax, making it an attractive destination for entrepreneurs and investors looking to start their businesses in the UAE.

No Currency Restrictions: Businesses operating in Ajman Media City can transact in any currency without any restrictions.

Easy Business Setup: Ajman Media City provides a hassle-free business setup process with minimum documentation requirements. The entire process can be completed in a short time.

100% Foreign Ownership: Ajman Media City allows 100% foreign ownership of businesses, giving investors complete control over their businesses.

Wide Range of Business Activities: Ajman Media City offers a wide range of business activities and licenses, including trading, service, industrial, and consultancy licenses.

World-Class Infrastructure: Ajman Media City provides world-class infrastructure and facilities to businesses, including high-speed internet, modern offices, and state-of-the-art communication systems.

Access to Skilled Workforce: Ajman Media City is home to a skilled workforce, with a diverse pool of talent from different parts of the world.

Business Networking Opportunities: Ajman Media City provides excellent networking opportunities for businesses, with regular events and seminars organized to facilitate business interactions and collaborations.