Ajman Media City Free Zone (AMC)
Prices starting fromAED 5,750
The Ajman Media City Free Zone is the latest free zone in the United Arab Emirates. It came into being in 2018, three years after His Highness Sheikh Humaid bin Rashid Al Nuaimi III, the Ruler of Ajman and a member of the Supreme Council of the United Arab Emirates, issued a decree (Emiri Decree No.8 of 2015) for the setting up of a dedicated Media City in the emirate. A&A Associate LLC can be of professional assistance with company setup in Ajman Media City Free Zone.
Today, the Ajman Media City Free Zone is an international hub for all media-related establishments, attracting businesses from around the world. It aims to be a place where media outlets can thrive, surrounded by creativity and the best talent that the world has to offer. Several businesses have set shop in the Ajman Media City Free Zone already, and yours could be the next.
Why Choose Ajman Media City Free Zone?
Ajman is the smallest emirate by land area in the United Arab Emirates, but in terms of population, it is the fourth largest after the emirates of Abu Dhabi, Dubai, and Sharjah. Despite its small size, it clocks an impressive GDP of more than $4.23 billion every year. The storage and communications industry is growing at a pace of 5.1% every year and is the second-fastest growing industry sector after social and personal services.
With the vision of His Highness Sheikh Humaid bin Rashid Al Nuaimi, this sector seems poised to become the fastest-growing industry, and there is no doubt that the Ajman Media City Free Zone will play a key role in the development plans of the emirate. Investments in Ajman are also growing at 5% per annum, and it is already home to several large companies.
The Ajman Free Zone, another free zone in the emirate, is already a major contributor to Ajman’s economy. The Ajman Media City Free Zone too aims to do the same.
The Ajman Media City Free Zone is seeing interest from governments across the globe, and only recently did it meet with officials from the Ministry of Investment and International Cooperation, Arab Republic of Egypt; and sign an agreement with the Egyptian Media Production City Company for increased cooperation and collaboration in various areas of creativity.
More and more companies are setting up base in the Ajman Media City Free Zone, and the emirate is gearing up to the residential and lifestyle needs of investors, entrepreneurs, and their families. Ajman has become the first emirate in the United Arab Emirates to offer 100% freehold ownership of real estate to foreigners. Plans for a marina are already in place, and the Ajman One is a mixed-use community that combines the best of business and lifestyle.
One of the biggest advantages is that with a Business License issued from the Ajman Media City Free Zone, you can open several business establishments in the United Arab Emirates.
The Ajman Media City Free Zone is strategically located just 30 minutes away from Dubai International Airport, or about 45 minutes from Business Bay, the business district of Dubai, where the Ajman Media City Free Zone has an office.
Ajman is currently building its own international airport, that when completed, will have the capacity to handle one million passengers and 400,000 tonnes of cargo. This promises to be an opportunity for anyone looking to set up their business in the Ajman Media City Free Zone.
For more details regarding company setup in Ajman Media City Free Zone, please get in touch with us.
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Passionate on immense challenges, Anagha Shaji is one of the top company formation experts at A&A Associate LLC. She is an innovative professional with a clear vision to provide world-class advisory services to her clients. She has carved out a name for herself as a free zone business setup expert with comprehensive problem-solving capabilities and innovative ideas when it comes to business setup in the United Arab Emirates.