Benefits of Setting Up A Business in Ajman

Host to local and international investors, Ajman Free Zone was first established in 1988. Since then, it has welcomed more than 145 countries to its expanding business arena. Among the numerous benefits of setting up a business in Ajman, here’s what will stand out the most to potential investors: a wide range of support services, market competitive business setup plans, an organized and foolproof company establishment process. 

As an attractive business hub for companies worldwide, Ajman Free Zone has developed a favorable environment for multiple business practices, including beauty, health, food, automobile, beverages, agriculture, construction, and education. Entrepreneurs and international investors seeking to integrate businesses in the UAE can benefit from working in a harmonious and dependable business environment in the Company Setup Ajman Media City and the Ajman Media City Free Zone.

Most people compare Ajman Free Zone with the Ajman Media City Free Zone; however, both zones are entirely different. 

Ajman Media City came to light in 2018 in the United Arab Emirates. Because of its inexpensive formation packages, it immediately became a top-rated and highly sought-after free zone in the entire UAE. AMC has seven unique packages that start from zero and are spread through five resident visa provisions. 

While AFZ is open to all sorts of businesses, AMC has a specific niche that only targets media-related activities. The Media Zone does not give out the land for lease, nor does it support warehouses. However, it will work well for those who are willing to share offices or work independently.  

The best part about Ajman Media City Free Zone is that it has an exclusive QR code. Businesses generate license authenticity to establish trust with customers. By simply scanning the QR code through any device, one can check the authenticity of the business or the product. 

Registration in both AFC and AMC is easy and done without any hassle through agents within the free zone. 

Here are some of the most widely known advantages of setting up a business in both Ajman Free Zone and Ajman Media City Free Zone Cost.

Ajman Free Zone

1. In-expensive Business Setup

Ajman Free Zone provides inexpensive solutions for all business sizes, primarily small and medium-sized enterprises seeking to curb capital and operating expenses while accumulating more funds for other activities.

Furthermore, the corporate packages available in Ajman Free Zone can be tailored to a company’s specific needs, size, and scale.

2. Hassle-Free and Easy Company Registration. 

One of the most appealing advantages of establishing a business in Ajman Free Zone is the ease of execution. The entire procedure is manageable digitally via the jurisdiction’s official customer gateway. Furthermore, the AFZ offers customer service 24 hours a day, seven days a week.

3. Attractive Location and Global Presence

Located strategically along the Arabian Gulf, AFZ is an economically efficient gateway between West and East, offering businesses strong links and adjacency to economies in Africa, Asia, and the Middle Eastern area.  

The free zone is in the proximity of two international airports and four main seaports, ensuring easy access and making it attractive to businesses involved in logistics, international trade, and shipping.  

The AFZ is linked to the E11 highway, the country’s longest road, allowing companies to reach the other emirates easily.

4. Numerous Visa Choices.

One main reason business owners, especially those operating SMEs, want to establish their businesses in Ajman Free Zone is that it enables them to possess multiple visas without renting physical workspaces.

User-friendly and discounted value-added packages are available for all sorts of companies, such as the Smart Office package. This package includes up to three visas, while the Executive Office package includes five to six visas per company.

Furthermore, the Ajman Media City provides access to modern facilities such as warehouse space and equipment, conference rooms, VIP cubicles, Flexi-desks, co-working spaces, and other industrial and trading activities facilities.

5. Promotes Diverse Business Activities

The fact that AFZ is open to a wide range of business activities is a major selling point. As an entrepreneur, you can engage in various activities, such as industrial, professional, commercial, and e-commerce.

6. Initial Support and Incentives

An important aspect of the fiscal assistance incentive is introduced by AFZ in response to COVID-19. This is an installment payment schedule introduced to help new businesses to bear the initial development expenses.

Ajman Free Zone has also voided the AED 5,000 e-channel fee as a source of assistance for businesses. The majority of those who have been affected by the disease outbreak have benefited from this waiver.

Other incentives available to existing and new businesses in AFZ include a three-month flexible installment repayments plan on their office lease, a flexible repayment plan on their office or warehouse rental agreement, a 25% decrease in the price of workforce accommodation, and depreciated rates on registering a company.

Ajman Media City Free Zone

1. Business Activities  

The activities available in Ajman Media City Free Zone are quite limited. The majority of them are in the media, advertising, and information technology sectors. However, some trading activities are also easily accessible.

Activities are classified into the following categories:

• Ecommerce
• Trading in the media
• Service/consultancy

A free zone license allows for up to five business activities. Activities don’t need to be similar to one another.

Among the notable activities are:

• Courier social media influencer activities
• Legal pursuits
• Activities of a temporary employment agency, as well as others
• Important note: at least one of the activities must be related to the media.

The city allows for a blend of service and commercial activities at no additional cost. However, they should be linked together and represent the same form of company.

2. AMC Trade License 

The license fee for the Ajman Media City Free Zone cost vary. This does not qualify for a visa but includes a workstation in a business club.

This means that this free zone is now offering the lowest priced zero visa set up in the entire UAE.

3. Setting Up a Company in Ajman Media City

It is possible to register a company in AMC without visiting the free zone.

You must, however, prepare the following documents and information for registration:

A copy of a passport, copy of an entry stamp in the UAE, copy of a resident visa, passport size photo (if you apply for visa eligible company).

• An email address 
• Residential address
• Phone number.

In most cases, incorporation takes three business days. Following completion, you will receive the following documents:

• Certificate of Incorporation  
• Good Standing Certificate
• Trade license 
• Shares Certificate
• Tenancy Contract with Certificate of Occupancy

4. Visa for Residency 

The AMC fee for a resident visa is lower in comparison to other free zones.

	Visa Fees	Medical Checkup	Emirates ID
Employee	1,945 AED	690 AED	390 AED
Investor	1,945 AED	690 AED	390 AED

Important note: medical examinations are not permitted in Dubai. However, you would need to get medical testing in the Ajman Hospital.

Three years partner visa will be permitted, and the employment visa will be valid for two years. Further, Visa processing does not necessitate the purchase of health insurance.

Some “high-risk” foreign nationals may face some difficulties obtaining residency visas in the Ajman Media City Free Zone. Iraq is one of them, followed by Syria, Egypt, Palestine, Lebanon, Bangladesh, etc.

Before establishing a company, such nationalities must apply for immigration pre-approval. If your country is listed as “risky,” that doesn’t mean you can’t try. Everyone is eligible to apply. 

5. Amenities

The Ajman Media Free Zone is housed in a brand new building. It hosts the companies’ headquarters and business center.

There are the following amenities available:

• 10 hours of desk space per month 
• Shared permanent desk space 
• Shared permanent office 
• Permanent executive office

6. Renewal of AMC Trade License

You can renew your company’s license in Ajman Media City by simply consulting your registered agent. The renewal fee is equal to the license registration fee. It does not require visiting the UAE.

All you need is:

• Renewal Fees
• Authorization letter

7. Liquidation of License

Liquidation of a company is a multi-step method that includes the following steps:

• Cancellation of Visa
• Cancellation of Business card 
• Lease Termination
• License Liquidation

The government fee for liquidation is AED 1,700 including all taxes. 

8. Seek Expert Consultation for Setting up Business in Ajman Free Zones

Both the Ajman Free Zone and the Ajman Media City Free Zone are rapidly expanding free zones that have demonstrated the lowest registration costs while also providing fast and easy services.

Such free zones will be ideal for startups, businesses that require quick processing, or those that operate online.

These free zones are recommended for those who require a more well-known free zone or who wish to engage in different business activities.