Ajman Media City Free Zone (AMCFZ): All You Need to Know
Ajman Media City Free Zone (AMCFZ)
Ajman Media City Free Zone, located in emirate of Ajman, is one of the newest free zones of the UAE. The Media City, Ajman is created with the aim of boost creative and media businesses in the United Arab Emirates. AMC free zone provides extensive support to entrepreneurs, making it a recommended destination to start a new business.
The AMCFZ is one of the UAE’s free zones, designed to develop a creative environment. The Ajman media city free zone is aimed at entrepreneurs who want to make a name for themselves in the media industry. Founded to provide a dependable, pleasant, and professional atmosphere for both businesses and individuals. It is also attempting to develop a global environment with creative and adaptable methods to provide professional help at every stage of the company formation process.
Benefits Of Setting Up A Business In Ajman Media City Free Zone (AMCFZ)
Ajman Media City free zone is a distinct free zone amongst everyone. It has established a straightforward legal framework and offers cost-effective business formation choices in Ajman Free Zone. Let’s have a look at all of its advantages:
- Ajman Media City Free Zone packages have different cost effective options
- Media city free zone, Ajman allows 100% foreign ownership of the business
- You get 100% repatriation of capital and profits
- No corporate tax qualifying income
- Perform multiple business activities in Amjan Media City Free Zone with one license
- Rapid Licensing process
- Setup Business without issuing a visa
- Ability to change business activities after issuing license
- Opening of corporate bank account
- Visa for dependent and family is obtained easily
Ajman Media City Free Zone (AMCFZ) Business Activities List
Media City Free Zone, Ajman focuses on niche activities to come up as a media-oriented free zone. The list of activities are generally placed in three categories:
- Service Providers or Consultancy
- E-commerce
- Media Related Trading
The best part is you can perform both commercial and service activites under one license which is not allowed by most of the free zones.
Ajman Media City Free Zone (AMCFZ) Facilities
Ajman Media City Free Zone focuses on companies as well as individuals. For that reason, they provide facilities targeting both. Check the list of facilities here:
1. 10-hour-a-month Desk Space: When you don’t want a full-time work desk but only need to spend a few months in the office, this is the perfect option. Also, as the desk is occupied the entire time, the charge is also lower.
2. Permanent Desk Space: If you regularly need a work space but want a budget friendly-option, Ajman Media City’s Permanent desk space facility is best suited for you.
3. Shared Offices: AMC free zone’s provides shared office facility which are best for new businesses who want office spaces but at the right cost.
4. Quality Executive Offices: If you want to own a complete office for yourself and your employees with premium-class facilities, this option is for you.
Various AMCZ License Packages
Ajman Media City Free Zone (AMCFZ) offers a variety of options based on workplace allocation, visa eligibility, the number of activities, and few other factors.
The price of various packages is determined by the parameters indicated above. This flexibility helps the investor to come up with a cost-effective business model. The flexibility allows the business owner to meet all of his needs without having to spend extra. Let’s go over each bundle in detail:
Business Club Packages
2. Your business will be classified as a free zone and will not be eligible for a visa.
3. You can also have five commercial and five business operations with this bundle, and that you can even combine them.
Bronze Package
2. You are eligible for one visa with this plan. The company will be classified as a free zone.
3. You can engage in 10 different business activities in total, five of which are commercial and five of which are service-based.
Silver Package
1. This package allows you to have two visas with a shared office space.
2. The maximum number of permissible Free Zone activities is 10, with a five-license limit for commercial and service operations.
Silver Package Plus
1. This package allows you to have three visas with a shared office space.
2. The maximum number of permissible Free Zone activities is 10, with a five-license limit for commercial and service operations.
Gold Package
1. If you need a private office for staff, and this is the most affordable option.
2. Media City Free Zone, Ajman’s Gold Package includes an executive office where you can apply for up to five visas per license.
3. The engagement limit is five for business activities and five for service operations for the gold package.
SMI Package
The AMCFZ has created a unique plan for bloggers and influencers called the SMI Package or Social Media Influencer.
This package is for those who advertise companies and have a say in people’s purchasing decisions. Influencers should have a registered company to undertake a promotion or similar operations in the UAE.
For obtaining the tag of social media influencer, you need to get a certificate from National Media Council of the UAE.
Under this package, you won’t be eligible for a visa.
Holding Package
Holding package is best suited for companies who want to control other companies, which can be:
- Corporates
- Limited Partnership Companies
- Limited Liability Companies
Silver Premium Package
1. This package allows companies to conduct 10 activities: 5 commercial and 5 service activities.
2. You can either choose to rent a shared permanent office or smart office plus, for which you get four visas and one visa respectively.
3. The company will have free zone status.
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Legal Structures of The Company Formation in Ajman Media City Free Zone (AMCFZ)
One Owner Company
You don’t need to acquire any shareholders to form a free zone, and you can own your company entirely. Packages that do not require a visa or only require one visa are acceptable. To run the business, you don’t even have to be physically present. You may establish a market foothold in the UAE simply by founding a company.
Multiple Owner Company
Multiple shareholders and investors are allowed in a free zone corporation. Packages with several visa choices would be appropriate for this organization. Because the FZC is a limited liability business, investors’ and stakeholders’ liability will be restricted to the share capital. It makes it appealing to many entrepreneurs because it protects their assets.
Branch of A Foreign Company
This legal structure is appropriate if you do not want to perform business in the UAE but merely want to establish a market presence. You could run your company just about anywhere in the globe and also have a representative office here.
Branch of A Local Company
This choice is for companies already operating in the UAE and therefore need to open a new branch in the Ajman Media City Free Zone. Mainland Company Formation and those in the free zone are qualified for BLC legal formations for Ajman Media City Free Zone.
Ajman Media City Free Zone Business Setup Process
Setting up a business in Ajman Media City requires you to go through numerous steps. For instance, it starts with submitting the application . Then, you have to get approval for the name and proceed with documentation submittion.
However, if you do not wish to go through the entire process yourself, we are here to help you. You can discuss your company requirements with our consultants and we can perform AMC free zone company formation on your behalf.
We will submit the application to the authorities and request you to provide us the documents. Then, we will take care of the entire process and provide you with the license in the end. Also, Business Setup puts the best efforts in finding the best office space for its clients in AMC free zone.
How to Avail Visa Services in AMCFZ?
Obtaining visas is a critical component of running a business because it is the only way to bring in qualified employees from other countries. Taking this into account, the AMCFZ has made the visa application process quick and straightforward.
AMCFZ Visa Services Process
2. One must apply for eChannel after receiving the organization card.
3. Following that, you must submit an application for an entry permit.
4. After acquiring the entry permit, one must pass a medical examination and submit an Emirate Identity Application.
5. A stamp of residency permit is required on the passport.
About Business Setup HQ's Company Formation Service for AMC Free Zone
Business Setup HQ provides company formation service for AMC free zone for different legal structures of the company. Whatever requirements you have, you can share it with us and we wil strive to provide you the business license rapidly. Besides that, we can also assist you in finding the office space. You can also contact us if you need visa assistance.
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