As the name itself suggests, Ajman Media City Free Zone (AMCFZ) is situated in the city of Ajman in UAE. This is a newly formed free zone. It aspires to offer the best and the most harmonious environment to the business entrepreneurs thriving to establish their businesses. The latest developments in the city are increasing the chances of new foreign investments in Ajman.
There are numerous benefits associated with Ajman Media City Free Zone business set up. Companies can get the services of legal consultants for the business set up. It may give the companies a wide range of supportive services keeping them away from any extra struggle. This is the best possible way to get the best out of Ajman Media City Free Zone.
Here are a few of the benefits you get by forming your business in Ajman Media City Free Zone:
If a company goes for Business Setup in Ajman Media City Free Zone, it can get 100% ownership with no taxation at all. Yes, there are so many other services included as well that are great in their own remarkable ways. The facilities include the ease to hire expats workers, warehouses, development land and so much more. Furthermore, there are different business types to choose from. Every business type has its own advantages. The costs are also very affordable which makes it more appealing to the investors.
No physical location needed
Businesses formed in Ajman Media City Free Zone would not be requiring a physical location if they do not need it. New company incorporation doesn’t require a physical appearance.
100% repatriation of capital and profits
The Ajman Media City Company Formation will make you get benefits from profits company makes while providing with full capital repatriation.
Investor visa options
Investor visa options can also be availed if needed by the businessmen in Ajman free zone. Ajman Media City Free Zone offers 3 years visa for the investor and 2 years visa for the employee.
Business incorporation documents can be issued within days. Also, the processes are user-friendly. Most of the documentation assistance is provided through single desk services that is very swift.
Lower land prices
Land prices and office rents here are very affordable. You can either buy land or rent an office as everything will come in the lowest price range.
For business activities in UAE, the businesses require a trade license. Trade licenses are renewed on an annual basis. For conducting the onshore trading activities, licenses are granted over the 49 percent ownership and they require a local sponsor as well. For the free zones business activities, companies can get the license over 100 percent ownership as well. For Ajman Media City Free Zone Registration, the company formation procedures are really easy to appeal the new investors.
The number of foreign businesses operating in Ajman Media City Free Zone are more than 40% and every passing year, the number of business registrations is increasing to many folds.
Company formation in Ajman Media City Free Zone is not only very inexpensive but also full of facilities and opportunities. You can get assisting services within an instant.
You can be assisted with;
- Bank account opening
- account opening with Ministry of Labour
- account opening with UAE Immigration
- leasing premises
- representation in front of the court and so much more
It should be noted that an Ajman Free Zone company formation can be done in a matter of weeks as long as there is no delay in submitting the required documents. In general, the procedure of processing an Ajman Free Zone business setup will range from 2 to 4 weeks.
- Passport Photocopy.
- Leasing contract/copy of the location Ownership.
- Schematic Picture for the business location.
Companies may get licenses through the easiest means and can process their business independently without any local sponsorship. It would be up to them totally. If they want, they can have local sponsors or partners as well.
In Ajman Media City Free Zone, entrepreneurs can choose up to 5 business activities on one license. This may make them provide 5 different but linked services to their clients which will ultimately increase their company’s worth.
The starting license fee is quite a reasonable rate of AED 8,806.25 per year. The inexpensive license cost also makes more businesses to get attracted to business formation in AED 8,806.25 per year.
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