Are you looking for a business startup in the United Arab Emirates (UAE)? Then you can consider Ajman Media City as the first choice. Let’s see why?
Entrepreneurs and businesses around the world are considering the free zones in the UAE as a jewel to the UAE’s crown. Ajman Media City Freezone (AMCFZ) is a free zone in UAE located in Ajman Emirate. It has got many cost-effective packages for new investors locally and internationally in the UAE.
By considering the cost-effective packages, business set up in Ajman Media City is ideal for new entrepreneurs. Unlike other places 100% repatriation on capital and profits along with tax exemption attracts investors and businesses here. Companies in Ajman Media City Free Zone have many advantages which are listed below.
- Presence of client in UAE is not required
This means the person needs not to present physically in Ajman or in UAE to apply for a license and start the business. I guess no other place is as feasible as this.
- 100% ownership
Apart from the free zones, you are required to have a local person as a partner if you need to start a business. But in free zones like Ajman Media City you can be the owner and a local partner is not required.
- 100% repatriation on capital and profits obtained
If you are winding up the business or during the run of business you can repatriate the whole amount that you spend as capital and the profit you earned. So you don’t have to rethink or worry while investing. In the end, all is yours.
- License approved in 24hours
Ajman Free Zones offers you very little paperwork and there are no complications in the approval of the license. It’s very clear and you can have your license within 2 working days after submission.
- No income tax for both corporate and personal
As everyone knows the UAE government offers zero tax on businesses run in free zones.
- Fast and easy registration process
The registration of companies is made so easy that even the new entrepreneurs or businesses can do it without any confusion or headache. Also the approvals they are doing within 1-2 days.
- NOC not required
- Wide range of business options available
Ajman Media City is offering you a wide variety of business options. You have full freedom in choosing the business and license for your company.
We will go in detail some of the main advantages of Ajman Media City:
Low-Cost Startups:
Ajman Media City offers 4 different types of licensing options depending on the size of the industry you are starting.
–Business Club (0 Visas)
The cost of the Business Club package is AED 8500 and additional charges are applicable for Company name approval, VAT fee, etc. ) and the total comes around AED 13,000. You cannot take any visa under this license. A shared workspace will be given to the client with limited time per month.
–Bronze Package (1 Visa)
The cost of the Bronze package is AED 14,500 and additional charges are applicable for Company name approval, VAT fee, etc. ) and the total comes around AED 18,500. You can take one visa under this license. A shared permanent office will be given.
–Silver Package (2 Visas)
The cost of the Bronze package is AED 14,500 and additional charges are applicable for Company name approval, VAT fee, etc. ) and the total comes around AED 18,500. You can take one visa under this license. A shared permanent office will be given.
–Gold package (5 Visas)
The cost of the gold package is AED 25,500 and additional charges are applicable for Company name approval, VAT fee, etc. ) and the total comes around AED 32,500. You can take five visas under this license. A shared permanent office will be given.
According to your requirement of workforce and business, you can choose the package.
Location:
Ajman Media City is located at the heart of Ajman makes it easily accessible from any part of UAE and the airports at Dubai, Sharjah helps to deal with international markets. Also, Ajman and Khorfakkan ports are in close proximity to Ajman. The low-cost availability of laborers also adds to its advantages.
Bank Account:
Consultants of Ajman Free Zone can help you in choosing the right bank and type of account required for your business.
Different types of businesses
The businesses that are allowed to do in Ajman Free Zone are listed below:
- Trading
Trading can be considered as any type of import and export activities. Import, export, storing, and distribution of any commodities mentioned in the license can be done.
- Media
Web designing, photography, app development, digital marketing, etc. are considered in media.
- Film Production
Filming, art, post-production works of films, etc will comes under this category.
- Publishing
Publishing of magazines, directories, newspapers, educational books, etc can be printed, etc. are allowed to do here though approval from authorities is required.
- Industrial
Manufacturing and processing of raw goods along with warehouses
- Music and Entertainment
This category is related to music production and its promotion. And music management at theme parks as well.
- Broadcast
TV broadcasting, web streaming, and radio broadcasting activities are supported here.
- Event Management
Conference organizing, sports management, etc are covered under event management.
- Consultancy
HR consultancy, legal consultancy, business consultancy, investment consultancy, etc will come under Consultancy Category