Ajman Media City Free Zone

Ajman Media City Free Zone located in a small emirate of Ajman with an area of a mere 259 square km is a new UAE free zone founded in 2015. This is the first free zone in Ajman established for entertainment, creative and media businesses. The zone offers the best conditions for small companies that belong to the mentioned categories. This new economic platform has a high potential and will become the most attractive free zone in the country for media and other similar industries in the next few years.

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Benefits for media business in Ajman Media Zone

The key advantages to start a new media business in Ajman Media City Free Zone are:

  • ownership of 100% of shares without a local business representative as a co-founder;
  • no currency control;
  • exemption from most taxes (with the exception of a 5% VAT);
  • high degree of confidentiality regarding any information about owners, shareholders and company management;
  • simple business registration procedure with a possibility to open a company remotely (with only one visit to the country to sign in banking forms);
  • accelerated licensing procedure;
  • no requirements for minimal capital stock;
  • economically stable and secure banks with high rating;
  • location in the centre of Ajman, near Dubai, Sharjah and other international airports.
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Types of companies and business licenses in Ajman Media City Free Zone

Today, the emirate of Ajman is one of the attractive centers for registering a company and developing international business. Ajman Media City Free Zone offers following legal forms for registering a company:

  • Free Zone Entity – a company with one owner.
  • Free Zone Company – a company that has more than one owner.
  • Branch of a foreign company.
  • Branch of a local company.

There are following types of Ajman Media City Free zone license:

  • Trading license – for companies engaged in the import and export of goods;
  • Service license – for legal entities working in the field of consulting and IT;
  • a combination of trade and service activities in one license;
  • E-Commerce license – Ajman Media City is one of the few free economic zones in the UAE that provides investors with a license for online trading.

After opening a company in Ajman Media City Free Zone, the client gets 24/7 access to his personal virtual office. All company documents are stored in this office with the ability to view, print, and authenticate them using a unique QR code. Also, the investor receives permission to obtain a tax resident visa and accommodation throughout the UAE.

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24 hours to register a company in Ajman Media City Free Zone

Activities that can be registered in Ajman Media City Free Zone

Activities AMC

COSTS IN Ajman Media City Free Zone

AJMAN MEDIA CITY FREE ZONE PACKAGES

PACKAGE BUSINESS CLUB BRONZE OFFICE SILVER OFFICE GOLD OFFICE
Visa No Visa      
Rent (location) Included (Business Club 10 hrs pm) Included - Shared Office Incuded - Shared Office Included - 12sqm office
License - Up to 5 activities - Commercial/Service Included Included Included Included
Utilities Included Included Included Included
Certificate of Incorporation Included Included Included Included
Business License Included Included Included Included
Share Holder Details - License 2 Included Included Included Included
Commercial Registration Included Included Included Included
Memorandum & Articles - Bothe FZE & FZE Included Included Included Included
Share Certificate for both FZE and FZC Included Included Included Included
Memorandum & Articles - Bothe FZE & FZE Included Included Included Included
Share Certificate for both FZE and FZC Included Included Included Included
Lease agreement Included Included Included Included
Chamber of Commerce Certificate Included Included Included Included
Good standing certificate Included Included Included Included
Certificate of Incumbency Included Included Included Included
Salary Certificate Included Included Included Included
Introduction letter to the bank Included Included Included Included
Package Total 8 500 11 500 14 500 25 500
VAT 196.25 342.5 492.5 945
Name Approval 100 100 100 100
Innovation Fee 10 10 10 10
Grand Total 8 806.25 11 952.5 15 102.5 26 555
 

Overview

  • Clients presence is not required.
  • Application form to be filled with 3 name options to be provided.
  • Following this AMC FZ will prepare documents to be signed by the client. This will be sent electronically.
  • Kindly have the documents signed and returned electronically (via email) along with the payment.
  • Upon receiving the documents and payments AMC will issue the license and other company documents and send it electronically

BUSINESS CLUB PACKAGE – NO VISA – AED 8 500

What is a Business Club?

A shared workspace with allocation of limited time per month assigned to the client.

Visa Offering

Companies formed in the Business Club will not be eligible to visa.

License Offerings:

  • Commercial – Up to 5 allied activities
  • Service – Up to 5 allied activities
  • Mix of Commercial and Services – As long as activities in both the categories are allied and grouped to a specific business type. For e.g.: It Consultancy, Software Design, Computer Hardware trading, Web Design

What will the client get for this?

Desk space with limited usage of 10 hours per month.

What will the clients get from AMC FZ?

  • Certificate of Incorporation from the Free Zone
  • License 1 – With the name of the company, activity, date of formation and date of expiry
  • License 2 – With full details of the owners, shareholders, manager, location and information provided in license 1
  • Commercial Registration
  • Memorandum of Incorporation if it’s a FZE and Memorandum and Articles if its FZC
  • Share Certificate for both FZE and FZC
  • Lease agreement
  • Chamber of Commerce Certificate
  • Good standing certificate
  • Certificate of Incumbency
  • Salary Certificate
  • Introduction letter to the bank

Capital of the company

To be decided by the company. We would encourage a minimum share capital of AED50,000.

Renewal cost

AED 8 500

BRONZE PACKAGE - 1 VISA – AED 11 500

What is a Bronze Package?

A shared permanent office.

Visa Offering

Companies formed in the Bronze Package will be eligible to ONE VISA and have a free zone status.

License Offerings:

  • Commercial – Up to 5 allied activities
  • Service – Up to 5 allied activities
  • Mix of Commercial and Services – As long as activities in both the categories are allied and grouped to a specific business type. For e.g.: It Consultancy, Software Design, Computer Hardware trading, Web Design

What will the client get for this?

A shared permanent office.

What will the clients get from AMC FZ

  • Certificate of Incorporation from the Free Zone
  • License 1 – With the name of the company, activity, date of formation and date of expiry
  • License 2 – With full details of the owners, shareholders, manager, location and information provided in license 1
  • Commercial Registration
  • Memorandum of Incorporation if it’s a FZE and Memorandum and Articles if its FZC
  • Share Certificate for both FZE and FZC
  • Lease agreement
  • Chamber of Commerce Certificate
  • Good standing certificate
  • Certificate of Incumbency
  • Salary Certificate
  • Introduction letter to the bank

Capital of the company

To be decided by the company. We would encourage a minimum share capital of AED50,000.

Renewal cost

AED 11 500

SILVER PACKAGE – 2 VISA – AED 14 500

What is a Silver Package?
A shared permanent office.
Visa Offering
Companies formed in the Silver Package will be eligible to TWO VISA’S and have a free zone status.
License Offerings:
  • Commercial – Up to 5 allied activities
  • Service – Up to 5 allied activities
  • Mix of Commercial and Services – As long as activities in both the categories are allied and grouped to a specific business type. For e.g.: It Consultancy, Software Design, Computer Hardware trading, Web Design
  • What will the client get for this?
  • A shared permanent office.
What will the clients get from AMC FZ
  • Certificate of Incorporation from the Free Zone (
  • License 1 – With the name of the company, activity, date of formation and date of expiry
  • License 2 – With full details of the owners, shareholders, manager, location and information provided in
  • license 1
  • Commercial Registration
  • Memorandum of Incorporation if it’s a FZE and Memorandum and Articles if its FZC
  • Share Certificate for both FZE and FZC
  • Lease agreement
  • Chamber of Commerce Certificate
  • Good standing certificate
  • Certificate of Incumbency
  • Salary Certificate
  • Introduction letter to the bank
Capital of the company
To be decided by the company. We would encourage a minimum share capital of AED50,000.
Renewal cost
AED 14 500

GOLD PACKAGE - EXECUTIVE OFFICE – 5 VISA PACKAGE – AED 25 500


What is the Gold Package?
An executive office starting at 12sq.m
Visa Offering
Companies formed in the Gold Package will be eligible to 5 visa’s and will have a free zone status.
License Offerings:
  • Commercial – Up to 5 allied activities
  • Service – Up to 5 allied activities
  • Mix of Commercial and Services – As long as activities in both the categories are allied and grouped to a specific business type. For e.g.: It Consultancy, Software Design, Computer Hardware trading, Web Design
What will the clients get from AMC FZ
  • Certificate of Incorporation from the Free Zone
  • License 1 – With the name of the company, activity, date of formation and date of expiry
  • License 2 – With full details of the owners, shareholders, manager, location and information provided in license 1
  • Commercial Registration
  • Memorandum of Incorporation if it’s a FZE and Memorandum and Articles if its FZC
  • Share Certificate for both FZE and FZC
  • Lease agreement
  • Chamber of Commerce Certificate
  • Good standing certificate
  • Certificate of Incumbency
  • Salary Certificate
  • Introduction letter to the bank
Capital of the company
To be decided by the company. We would encourage a minimum share capital of AED50,000.
Renewal cost
AED 25 500

COMPANY FORMATION PROCESS

FZE on Business Club / Bronze Package / Silver Package / Gold Package
    1. Application form
    2. Passport Copy
    3. One colour Photograph of the owner and manager
    4. Clients decided capital. Maximum up to AED100,000
FZC on Business Club / Bronze Package / Silver Package / Gold Package
    1. Application form
    2. Passport copy for each partner
    3. One colour Photograph for each partner and manager
    4. Attested Partnership Agreement – AMC will provide this at an additional cost of AED1000
    5. Clients decided capital. Maximum up to AED100,000
Branch of a local Company on Business Club / Bronze Package / Silver Package / Gold Package
    1. Application Form
    2. Passport copy of the representative or the manager of the company
    3. One Colour Photograph of the manager
    4. Original License
    5. Original Chamber of Commerce Certificate
    6. Original Commercial Registration
    7. Board Resolution detailing the set up of branch company along with nomination a manager.
    8. Capital: No Capital required
Branch of a Foreign Company (BFC) on Business Club / Bronze Package / Silver Package / Gold
Package

    1. Application form
    2. Certificate of Incorporation of the mother company
    3. Memorandum & Articles of Association of the mother company
    4. Board Resolution detailing the formation of the branch or the subsidiary nomination a authorized
manager
    5. Passport copy of the representative or the manager of the company
    6. One colour photograph of the manager
    7. Capital: No Capital required
NOTE:
Documents 2, 3 and 4 should be attested by the UAE Embassy in the company’s country of origin followed by the
Ministry of Foreign Affairs in the UAE
Step by step process for company formation:
  • Filling up of the form and submission to the officer to AMC via email (shortly our portal will be ready and submissions can be done online) with the following:
    • Clients details and contact information
    • Company name – 3 options
    • Activity
    • Capital
  • AMC Officer submits name approval request.
  • Once name approval is concluded, forms and documents are submitted for Approval to the Head of
  • Commercial Department for approval.
  • Upon approval Proforma Invoice in generated
  • CC or electronic payment at Free Zone premises
  • License along with the document pack is issues electronically with a QR code for third party verification

Ajman Media City business packages

Ajman Media Zone also offers simplified visa processing for representatives of new companies as well as several types of licenses to choose from depending on the type of activity. There are four business packages available in the free zone:

  • Business Club with a license starting from AED 8,500, without a visa, with only 10 hours of working space per month;
  • Bronze Office (from AED 11,500) with permanent access to a working space, with one visa;
  • Silver Office (from AED 14,500, two visas);
  • Golden Office (from AED 25,500, five visas).

Contact Brahma Business Consultancy experts if you are interested in registration of a company in Ajman Media City Free Zone.

FAQ ABOUT AJMAN MEDIA CITY COMPANY FORMATION

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What are benefits of Ajman Media City?

The key advantages starting a business in Ajman Media City Free Zone are: ownership of 100% of shares without a local business representative as a co-founder; no currency control; exemption from most taxes (with the exception of a 5% VAT); location in the centre of Ajman, near Dubai, Sharjah and other international airports.
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Do I need to visit UAE to register a company in Ajman Media City Free Zone?

You do not need to visit UAE to open a company in Ajman Media City Free Zone, but if you want to apply for a visa eligible company, you need to have previous UAE entry stamps.
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Where can I carry out my business?

You can carry out your business in Ajman Media City Free Zone and worldwide. You can have customers from any Emirate.
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How long does registration take?

It usually takes 1-2 business days.
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Can I have an office in Dubai?

You can have an official office space only in Ajman Media City Free Zone, but you can use any Dubai business center, which can provide virtual office services, and even rent a small space there.
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What are Ajman Free Zone trade license?

Ajman Media City Free Zone license issued for trading, consulting, production companies due to inexpensive warehouse for rent in Ajman Media City and an advantageous logistics network at the entrance of the Arabian Gulf.
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What is included into your service?

Our setup package includes: company registration in Ajman Media City Free Zone, establishment (immigration) card processing and owner’s visa processing including support with Medical checkup and Emirates ID application.
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Can I open bank account in Ajman Media City Free Zone?

Yes, of course. You will be able to open company account in Ajman Media City Free Zone after you receive the license. You can also open a resident’s bank account after you get your visa in Ajman Media City Free Zone.
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Is audit required at the time of company renewal?

No, it is not required.
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How many visas can I get in my company?

Depending on the chosen license, you can have 2-3 visas in Ajman Media City Free Zone.