With an area spanning just over 256 kilometres, Ajman might be the smallest city in the United Arab Emirates, but in terms of business potential, it is the most sought-after. The mainland as well as the free zone provide massive opportunities for businesses to stay profitable and scale up. In this blog, we discover the different types of business licenses in Ajman to consider when you are setting up a new company.
Ajman Media City Free Zone
The Ajman Media City Free Zone is tailor-made for media, PR businesses, advertising agencies, and startups to prosper. Featuring sophisticated technology and state-of-the-art infrastructure, Media City serves as the focal point of all online businesses in Ajman.
The Media City Free Zone is divided into 5 packages: the Business Club, Bronze Office, Silver Office, Silver Plus, and Gold Office.
Business Club Package
The Business Club package comes at a price of just AED 8,796 and includes:
- 10 months’ rent
- License of up to 6 activities (commercial or service)
- Business License
- Certificate of Incorporation
- Commercial Registration
- Memorandum & Articles
- Lease Agreement
- Certificate of Incumbency
- No Visa
The Bronze, Silver, Silver Plus, and Gold Offices provide the same perks, with the exception that they provide 1, 2, 3, and 5 visas, respectively.
The Bronze Silver package comes at AED 11,943.
The Silver Office package costs 15,093 AED
The Silver Plus can be purchased at AED 18,243
The Gold Office will require investors to pay AED 26,545. This package also includes a fully furnished, dedicated 12-square-meter office
Furthermore, all the above mentioned packages do not require the physical presence of the client. Three designated individuals from the client can duly fill out all the requirements and legal binding procedures.
Benefits of Business in Ajman City
There are plenty of benefits of doing business in Ajman. For one, working out of Ajman is a pure bliss. The quiet roads, beautiful beaches, beautiful but affordable infrastructure make it ideal to set up a business in Ajman. Moreover, the free zone provides complete ownership to foreigners and provides exemptions on all earnings.
What’s more is the free zone permits you to sponsor your family members and employees. Unlike other free zones, Ajman free zone expedites the entire process of migration.
As always, Emirates Express is the oldest and most trusted name to set up a business in Ajman or any other part of the UAE. Our experts will happily guide you at every step of your company formation in UAE.