Company Formation in Ajman Media City Free Zone
Start your Business in Ajman Media City with Gryffin Capitalist. Ajman Media City Free Zone with its accessible location offers many advantages to investors looking to start their business in the UAE. Start Your Freezone Company in UAE Today!
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Ajman Media City Free Zone
Ajman Media City Free Zone is the newly formed free zone in Ajman. It is formed to create a dependable, harmonious, and professional business environment.
Ajman Media City free zone has a highly competitive world-class business environment, high-tech telecom, communication links, top-notch digital customer service, and incentives for entrepreneurs interested in starting a business in Ajman Media City's free zone.
Benefits Of Business Setup In Ajman Media City Free Zone
Below mentioned are some of the advantages of business setup in Ajman Media City Free Zone:
100% Ownership
100% repatriation of profits
No corporate or personal income tax
Multiple business activities in one license
Simple online registration process
You do not need a visa to start your own business
Requirements For Company Formation In Ajman Media City
Below mentioned are the requirements for business setup in Ajman Media City
Free Zone Company
- Application form
- Passport copy of the directors and shareholders
- Two color passport-size photos with white background
- 3 company name options
- The company can decide on a maximum capital of up to 100,000 AED
Free Zone Establishment
- Application form
- Passport copy from each partner
- Two color passport-size photos with white background for each partner
- The partners can decide on a maximum capital of up to 100,000 AED
Branch of a Local Company
- Application form for a Local Branch Company.
- Passport photocopy of the company's representative or manager.
- Two passport-sized color photos with a white background.
- The original license
- Original chamber of commerce certificate.
- Original commercial registration.
- Board resolution establishing the branch company and naming the authorized manager.
- There are no maximum capital requirements.
Branch of a Foreign Company
- Application form for FCB.
- The parent company's certificate of incorporation.
- MOA and AOA of the parent company.
- Passport copy with 6-month validity of the proposed company's owner, representative, or manager.
- Two passport-sized color photos with a white background.
- The authorized manager's name in a board resolution detailing the formation of the branch or subsidiary.
- There are no capital requirements.
Subsidiary of a Foreign Company
- Application form.
- Certificate of Incorporation of the mother company.
- Memorandum & Articles of Association of the mother company.
- Board Resolution detailing the formation of the branch or the subsidiary nominating authorized manager.
- Passport copy with six months validity of the company's representative or manager.
- Two color photographs of the manager.
- There are no capital requirements.
Documents Required
Passport copy
Visa /Entry permit Copy
Director/Shareholder passport photos
Additional documents depending upon business activity
How To Start a Business in Ajman Media City Free Zone
Why Choose Gryffin Capitalist?
Starting a business in Ajman Media City free zone is a simple and straightforward process but the entire process can be tiresome. Investors should employ their valuable time in running their businesses and achieving their short and long-term goals. The hassle of the company formation process can be handled by an experienced company formation specialist. We at Gryffin Capitalist are a team of experts with many years of experience assisting clientele from different countries around the world to setup their businesses in the UAE.
For more details about the location, or if you want to start a business in Ajman Media City Free Zone, contact us – our experts in Gryffin Capitalist are always available to assist you.
Quality Professionalism
High Confidentiality
Strong belief in long-term client relationships
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Global Footprint
Efficient and Transparent Process
What our clients say
Very Prompt Service
"Gryffin Capitalist has assisted us with the opening of an offshore bank account without much hassles. I have faced issues with other companies regarding the required documents and process"
Seamless company Incorporation process
"I contacted Gryffin Capitalist to incorporate my company in the British Virgin Islands. The consultants were proactive in explaining the process and getting necessary documents in a single go thereby avoiding any resubmission and saving a lot of time."
Great Service by the team
"The team at Gryffin capitalist was very helpful in my company incorporation in the UAE. After the sales, the operations team was proactive and followed up regularly to get the company registered."
Frequently Asked Questions (FAQs)
Yes, the free zone in Ajman Media City is recently launched to catalyze creative and media businesses to grow and thrive.
Ajman Media City was created in 2018 to make the Emirate of Ajman the international business hub.
One should follow the following procedures for a business setup in Ajman Media City free zone. 1) Decide a business activity 2) Determine the type of legal entity 3) Choose a trading name 4) Apply for a business license 5) Choose an office space 6) Get pre-approvals 7) Register your business 9) Obtain your license
A foreign branch is another location of your company operating in another country, while a subsidiary of a foreign company is a new business in a foreign country.
This business setup cost depends entirely on the type of business you choose to incorporate, but the basic cost starts from AED 8,500.