Are you familiar with the latest activated free zone, “Ajman Media City Free Zone” in United Arab Emirates? If you are a media person and love creativity then Ajman Media City Portal is the best choice to stay. This is indeed a world class media hub in whole UAE.
United Arab Emirates offers so many exciting spaces to setup and startup a business in the region with lots of amazing opportunities. They call it, “Free Zones”. As the name shows that it is a free zone, you as an investor can get so many incredible facilities to not only start a business but to take it to the peak. Free Zones development was a brilliant concept to promote, grow and develop new businesses. This is an appreciable concept in the international business community. This is the best ideal option for trade and export.
What is Special today?
What do we have special in our blog today? Hmmm…! That is a big and very important question. We are going to learn about everything related to Ajman Media City Free Zone. We will see that what are the requirements of setting up a business in Ajman Media City free zone UAE?
One more very very important point to be noted is that, how EBMS is helpful for you to setup a business in UAE especially in Ajman Media City Free zone. I will definitely put light on this point but first you must know the basic information about this free zone so you will easily be able to decide if you are going to setup your business in this zone or not.
Ajman Media City
Let’s talk about Ajman Media City Free zone. It is an exciting fixed place in the heart of Ajman City to provide astounding opportunities to the businesses related to media and creativity. Ajman Media City is a newly formed Free Zone by the United Arab Emirates’ Free Zone Authority.
The aspiration behind this idea was to develop a city of businesses depends on harmonious and professional environment establishment of economic zone in UAE. If you are the person in search of this type of opportunity in UAE, this is the best time to opt it for your successful future business activation.
Ajman Media City Free Zone License Options
There are three types of license options available with Ajman Media city Free Zone.
- Commercial License
- Service License
- Commercial plus Services License
Ajman Media City Free Zone Cost (Packages)
Investors love different cost effective packages to invest in right business. Ajman Media City Free Zone offers 5 different applicable packages to activate and setup a business in UAE. These packages depend upon the number of visas and the space a company require. There is also an option to get the customized package to match the investor’s requirements. The packages are as follows:
- Business Club Package
- Bronze Package
- Silver Package
- Gold Package
- Platinum Package
Business Club Package
Business Club Package comes with very affordable cost that is AED8500. There are additional charges are applied along the original cost. They might be VAT Charges, Innovation fee and company name approval cost.
Bronze package is more costly than the Business Club package but it is a more efficient way to activate your business in Ajman Media City. It costs AED11500 with additional charges include. Additional charges means VAT Charges, Innovation fee and Company name approval cost.
The Silver Package holds many facilities and opportunities that Bronze and Business club do not have. The total cost of this package is AED14500 with additional charges like: VAT Charges, innovation fees and company name approval cost.
Here comes the Gold package after Silver Package. In fact it has more enhancements in provided facilities as compared to rest of the previous packages. Though the cost of this package is AED25500 but it works greatly for establishment of a business or a business entity in Ajman Media City Free Zone.
If your company requires more than five visas and much larger space to be located then you definitely need this package. The cost of the package depends upon the number of visas and the office space you need for your company.
Note: – Now this is the time to tell you what EBMS can do for you to get these licenses in a very easy and efficient way. We assure you that you will be able to get all the advantages and to enjoy all the benefits offered by Ajman Media City Free Zone. You are going to have a very affordable but completely expert team to serve you in the entire process. EBMS does not only provide you the perfect start but also comes with continuous support promise and you and we grow together.
If you setup a business in Ajman Media City Free Zone with us, you can surely get the following advantages:
- You can choose multiple allied activities for each license
- Company license fees is very affordable with our support
- You do not need to be in the UAE physically for the incorporation of your new business
- We provide 100% repatriation of capital and profit
- Investors can have more flexible options on investor visas
- When you are setting up your business with the support of EBMS, you are not required to provide No Objection Certificate from your present visa sponsor to become shareholder
- There are no requirements regarding paid up share capital and annual audit
- We make it possible to process all documentations within days to avoid delays
How Long Does It Take To Set Up Your Business In Ajman Media City Freezone
The next important question could be like, how long this all process would take? we guide you through the day by day process for better understanding. Before going to the detail, the short answer of this question is that: the time line to setup a business in Ajman Media City Free Zone is almost 33 days. Now we will see, HOW?
- First three days, we will submit your application and will pay fees for license, immigration card and E-Channel. E-Channel is not needed in all cases.
- Next ten days are very important days. You will be able to activate your business in these days. You will get the all needed documents from the authority through email. The list of the documents you will get in these ten days is given below:
- Business License detail information
- Share Certificate
- Commercial Register
- Certificate of incumbency
- Certificate of Incorporation
- Certificate of Good Standing
- Lease agreement if needed
- Memorandum copy if applicable
We will help you to have a meeting with the banker and will provide few real documents related to you like: your original company documents, passport, bank intro letter, and also a company stamp. The contact number you want to be commercialized will be activated and the details regarding your contact and complete address will be provided by business centre.
Now you will receive a pre-approval from authority and we will submit application to immigration department for requesting the process on company immigration card.
Once your company immigration card is issued to you, you will be able to pay the fees for E-Channel Registration. All the process till this point will take almost 18 days.
Now this is the time to print your electronic visa and to re-enter the country to activate the visa status change. This is the rule by authority, if your visa status is changed; you need to leave country once and to re-enter.
You can avail any one option out of three given options to complete the process. Exit country and return by air or exit country and return by land or let EBMS handle this situation for you. With our help, you do not need to leave the country and the same process will be done for you.
Note: Here is a good news, if your current visa is not expired yet and your visa status is changed within the grace period of 30 days, then you will not be charged for overstay fine. To avoid the overstay fine you need to complete the visa status process before the visa expiry date.
Once you have carried out your change of status you will NOT be able to exit the country until the residency visa process has been completed. Then comes your medical test. Proceed to Ajman Preventative Medicine, Ajman for your Emirates ID Card process followed by this test.
Bring you medical test result to EBMS office along with these documents;
- Your passport
- signed and stamped original employment contract
- entry visa with status changed stamp
- Emirates ID Card receipt
- medical insurance certificate
We will apply for your residency visa depending upon all the documents provided by you. 30 days process will be done at this stage.
Passport will be released by immigration department with residency visa stamp within two days. You will receive a scanned cope of the visa via email. The last day, 33rd day will be the day when you can collect your visa from the office of EBMS.
In general all the Free Zones in UAE have a unique officious and may have different requirements in terms of business regulations. You need a preliminary research before final decision to set up a business in UAE.
Free Zone visa process is basically very easy but only for those who are professionally expert in this field. This is very important to choose a proper platform for your business so you will be able to establish a successful entity.