A world-class hub for media and creativity
Ajman Media City Free Zone, in the city of Ajman, is the latest free zone offering in the United Arab Emirates. It has been formed with an aspiration to create a dependable, harmonious, and a professional environment for businesses and individuals alike in line with the “Ajman 2021” plan.
AMCFZ aims to create a world class environment with innovative and flexible processes to ensure professional guidance in every step of company formation.
Located in the emirate of Ajman, AMCFZ offers tailored and affordable packages for those in the media industry.
This Free Zone offers 3 types of licenses:
- Service license: this license allows production, re-production, transformation and distribution of services
- Trading license: this license authorize the import, export, distribution and storage of items specified on the license
- E-commerce: this license allows the holder to conduct sales of goods through an online website.
This Free Zone offers 3 types of companies:
- One-Owner Company (FZE): in this structure, you are the only shareholder running the company. The 0 visa or 1 visa package is enough and suitable for this type of structure. You don’t even need to be physically present in the country. By opening the company you will establish a presence in the UAE market.
- Multiple Owner Company (FZC): in this structure, multiple shareholders are allowed which lends itself to multi-visa packages. As it is a limited liability company, the liability of the investors is limited to their share capital in the company.
- Branch of a Foreign Company (BFC): this structure is for people who don’t want to conduct business in the UAE but only have a presence on the market. You have the possibility to run your business from anywhere in the world and have your representative office in the UAE
- Branch of a Local Company (BLC): this structure is for companies already established in the UAE. For example you have a company in the mainland or free zone in the UAE and you wish to open a branch in AMCFZ.
AMCFZ provides a wide scope of business activity areas, including:
- Event Management– conference organization, theatre management, sporting event management, etc.
- New Media–web design, digital media, photography, etc.
- Music– recording, production, management, etc.
- Consultancy– from legal and HR to investment and business consultancy.
- Publishing– books, magazines, newspapers, online content, and more.
- Film– production, post-production, scoring, promotion, etc.
If you own a license from AMCFZ, note that you can undertake both commercial and service activities under the same license.
Advantages of business setup in AMCFZ
- Own your business 100% (no local sponsor required)
- 100% repatriation of capital and profits
- No corporate or personal income tax
- Multiple business activities in one license
- License issued within 24 hours.
- Quick and simple online registration process
- Option of setting up your own business without having to issue a visa
- Low cost of living in the Emirates of Ajman
- The location of this Free Zone is strategic and central
Click here for more information about AMCFZ or call +971 58 514 2021.
Leave a Reply