Ajman Media City Free Zone Company Formation
If you are looking for a company formation in UAE, Ajman Media City Free Zone (AMC FZ) can be a great destination. Ajman Media City is the newest free zone in the United Arab Emirates (UAE). The emirate of Ajman is located on the coast of the Arabian Gulf and is one of the faster-growing emirates in the country.
Headquartered in the Emirate of Ajman, Ajman Media City Free Zone has been established for business setup in UAE. It is mainly aimed at supporting creative and media business start-ups in the UAE. Ajman Media City Free Zone license cost is very competitive as compared to other free zones in the country. Our business setup consultants can guide you on the process and requirements for business set up in UAE in any free zone.
Key Benefits of Ajman Media City Free Zone Company Formation:
- 100% foreign ownership,
- 100% repatriation of Profit & Capital,
- 100% exemption from personal income tax, service tax, import and export tax,
- Possible exemption from corporate tax subject to meeting criteria,
- No forex restrictions
- Fast process for company formation in UAE
- Multiple business activities in one license
- Readymade offices
- Free fund transfers
Characteristics of AMC FZ Business Setup in UAE
Location:
Ajman Media City Free Zone, Ajman, (U.A.E.)
Proposed activity:
Trading/Service activities can be carried out in AMC FZ.
License available:
Commercial trading & Service license
Type of entities:
- FZE (Single Shareholder)
- FZCO (single or multi shareholders with limited liability)
- Branch
Shareholder:
Can be individuals or corporate entities (maximum 5)
Director:
Individuals only (Minimum one & shareholder can also be Director)
Share capital:
- Minimum AED 50,000/- in case of FZE/FZCO
- AED Nil/- in the case of the Branch office
Note: Shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in the bank pre- or post-formation.
Audit:
Not required
Estimated time:
3 to 4 working days to obtain the license and register the company. Another 7-10 working days for an immigration card subject to security clearance. Thereafter the visa may take approximately 7-10 working days on a normal basis.
Ajman Media City Free Zone Company Formation Process
- Identify the legal form of the company to be registered
- Select an activity from AMC FZ SEI list,
- Apply for name and initial approval,
- Payment of fees ,
- Sign AMC FZ company registration and incorporation documents,
- Apply for AMC FZ residence visa.
Documents Required for AMC FZ business setup in UAE
Required documents may vary depending on whether a shareholder is an individual or a corporate entity. Basic documents are:
- Color passport copy of shareholder/director/manager,
- Color UAE residence visa & emirates id copy of shareholder/director/manager,
- CV/Resume of shareholder/director/manager
- Utility bill copy of shareholder/director/manager
To know more about the complete requirements for company formation in Ajman Media City Free Zone (AMC FZ) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
Cost of Ajman Media City Free Zone Company Formation
AMC FZ Company Setup begins from AED 6,166/-
Contact us to know about our special promotions/offers related to business setup in AMC FZ.
Other Notes
- Legalize documents with UAE Embassy in case of corporate shareholders.
- Annual renewal of company Immigration/Establishment card.
- Investors to have a family status UAE visa should have a share capital of AED 75,000/- and to be eligible for Owner/Investor/Partner visa, should have a share capital of AED 60,000/-
Do you want to set up a company in AMC FZ? Get in touch with our business setup consultants.
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in AMC FZ. Our company acts as a one-stop solution for AMC FZ company incorporation services.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
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OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
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Jumeirah Lakes Towers,
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Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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