Ajman Media City Free Zone
Ajman Media City Authority, Ajman
Description
AMCFZ is a free zone in Ajman, UAE, established to create a dependable, harmonious, and professional environment for businesses and individuals in the media and creative industries.
| Emirate | Ajman |
| Website | https://amcfz.ae/ |
| Contact Info |
Phone: +971 6 711 6666
Address: P.O. Box 4422, Ajman, UAE
|
| Year Established | 2018 |
| License Types | Service License, Trading License, Industrial License, Freelance Permit, E-commerce License, Event Management License, Publishing and Printing License, Advertising License, Broadcasting License |
| License Cost | AED 8,600.00 - License packages start from AED 8,600 for the Business Club Package. Costs vary based on the number of visas and office space requirements. |
| Formation Cost | AED 8,600.00 - Formation costs start from AED 8,600 for the Business Club Package with zero visa allocation. |
| Minimum Capital Requirement | No minimum share capital requirement. |
| Allowed Business Activities | Media, Advertising, Creative Industries, E-commerce, Consultancy, Event Management, Publishing, Broadcasting |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZC), Branch of a Foreign Company |
| Restricted Activities | Activities conflicting with UAE laws and Islamic morals |
| Investor Visa Cost | Visa costs depend on the business package and number of visas required. |
| Employee Visa Cost | Employee visa costs vary based on the company's requirements and the number of visas. |
| Processing Time (Days) | Processing times vary depending on the business setup package and compliance with requirements. |
| Physical Office Required | No |
| Office Space Options | Business Club Package, Executive Office Package, Premium Office Package |
| Office Space Cost | AED 8,600.00 - Office space packages start from AED 8,600 for the Business Club Package with zero visa allocation. |
| Virtual Office Available | Yes |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance with bank account opening is provided; costs vary by bank and account type. |
| Governing Laws | Subject to UAE federal laws and regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | AED 8,600.00 - Renewal fees start from AED 8,600 for the Business Club Package with zero visa allocation. |
| Business Restrictions | Prohibited from engaging in activities outside the scope of licensed operations. |
| Ownership Structure | 100% foreign ownership allowed. |
| Import/Export Restrictions | No No restrictions; businesses benefit from import and export tax exemptions. |
| Benefits | 100% foreign ownership, Zero taxes and duties, 100% repatriation of capital and profits, Modern infrastructure and facilities, Flexible business setup packages |
| Drawbacks | Specific focus on media and creative industries may limit suitability for some business types. |
| Specific Compliance Requirements | Compliance with UAE labor laws, Adherence to AMCFZ regulations and guidelines |
