Ajman Media City Freezone (AMCFZ)
-Open the door to success.
Ajman Media City Freezone (AMCFZ) is the latest freezone in United Arab Emirates, located in Ajman Emirate.
Ajman Media City Freezone announced a range of cost-effective license packages for new investors. The most attractive feature of this freezone is the perfect list of deliverables after registration of freezone company. The owner of companies are issued with almost 10 documents upon formation of freezone company in Ajman.
AURION can setup your business in Ajman Media city freezone with minimum cost and documentation.
Advantages of Ajman Media City Freezone Company Formation
- Wide choice of different business packages with shared office
- No need for Physical presence in the UAE
- Simple and quick registration process
- No NOC required
- Your company license will be issued within 1 day
- 100% foreign ownership
- 100% repatriation on capital invested and profits gained
Ajman Media City License Package Details
Following is the details of license package offered by Ajman Media City Freezone.
| PACKAGE | BRONZE OFFICE | SILVER OFFICE | SILVER PLUS | GOLD OFFICE |
|---|---|---|---|---|
| Visa Quota |
1 Visa
|
2 Visa
|
3 Visa
|
5 Visa
|
| Package Total* |
AED 11,500
|
AED 14,500
|
AED 17,500
|
AED 25,500
|
| VAT |
AED 342.50
|
AED 492.50
|
AED 642.50
|
AED 945.00
|
| Name Approval |
AED 100
|
AED 100
|
AED 100
|
AED 100
|
| Innovation Fee |
AED 10
|
AED 10
|
AED 10
|
AED 10
|
| Grand Total |
AED 11,952.50
|
AED 15,102.50
|
AED 18,252.50
|
AED 26,555.00
|
* Package includes license up to 5 activities ( Commercial / Service), Rent, Certificate of incorporation, Share holder details, Commercial registration, MOA, Lease agreement, Chamber of Commerce Certificate, Good standing certificate, Certificate of Incumbency, Salary certificate and Introduction letter to bank.
Visa Cost in Ajman Media City Freezone
Following is the fee details of Security approval, Establishment Card, E-channel registration, Entry permit and residency visa stamping in Ajman Media City Freezone.
| DESCRIPTIONS |
NORMAL
|
URGENT
|
|---|---|---|
| Security Approval (One Time) |
AED 510
|
–
|
| Security Approval for additional partner (One Time) |
AED 165
|
–
|
| Establishment Card |
AED 575
|
AED 660
|
| E-channel Refundable deposit |
AED 5,000 (One time)
|
–
|
| E-channel Fee |
AED 2,210
|
–
|
| Entry permit Employee & Investor |
AED 645
|
–
|
| Residency Stamping Owner / Investor (3 years) |
AED 1,245
|
AED 1,295
|
| Residency Stamping Employee (2 years) |
AED 805
|
AED 895
|
| Residency Stamping Employee (3 years) |
AED 905
|
AED 995
|
How to setup Subsidiary Company in freezone?
company is termed as subsidiary company when its owned, financially supported and controlled by another company. The parent company of a subsidiary company may hold 100% shares in subsidiary company or only part of the shares in subsidiary company. If the parent company owns 100% shares in subsidiary company, it is called “Wholly owned subsidiary” of parent company.
Subsidiary company formation in freezone is a simple and hassle –free process. If the parent company is situated outside the UAE, the parent company documents shall be legalized from the home country of parent company and subsequently counter attested by the Ministry of Foreign Afffairs in the UAE.
Following documents of parent company are required:
- Certificate of Incorporation
- Memorandum and Article of Association
- Good Standing Certificate
- Resolution to Establish Subsidiary
These documents along with the passport copy of the representative or manager of company and passport size photograph of manager have to be submitted in the freezone.