Ajman NuVentures Center Free Zone (ANC)
The Ajman Media City Free Zone represents the newest free zone addition to the United Arab Emirates. The emirate received an official order (Emiri edict No.8 of 2015) from highest-ranking leader of Ajman His Highness Sheikh Humaid bin Rashid Al Nuaimi III to establish an independent Media City in 2015 following his membership to the United Arab Emirates Supreme Council. NovaZone provides professional guidance to assist clients who want to establish operations at Ajman Media City Free Zone.
Industries from all over the world are drawn to the Ajman Media City Free Zone, which is becoming a global center for all media-related industries. It wants to create an environment where media organizations can flourish, surrounded by the greatest talent and innovation the globe has to offer. The Ajman Media City Free Zone is currently home to a number of enterprises; yours might be the next.
Why Choose Ajman NuVentures Center Free Zone?
Multiple strong incentive factors exist for entrepreneurs and businesses to conduct operations at Ajman NuVenture Free Zone. Startups along with SMEs find the cost-effective business setup options of the Free Zone particularly attractive because they receive wide business opportunities without paying excessive setup costs. Businesses can select from various licensing models through the Free Zone because it offers adaptable options permitting organizations to adjust and expand their operations.
International entrepreneurs can gain complete ownership of their businesses through Ajman NuVenture Free Zone since it allows 100 percent foreign business control without mandatory local partnerships. The autonomous control provided by this arrangement gives investors maximum operational flexibility.
The Free Zone stands at a prime location that combines easy access to Dubai along with Sharjah which makes it perfect for businesses needing logistics support and trade services and regional market expansion facilities. Company setup at the Free Zone follows an expedited process which lets businesses start their operations as soon as possible while avoiding unnecessary time delays.
Businesses operating in Ajman NuVenture Free Zone can save money because the zone grants complete tax exemption through corporate and income tax freedom and duty-free import and export. The facility offers business solutions that cover flexible workspace options as well as digital office solutions which accommodate businesses in various scales.
The Free Zone provides entrepreneurs benefits that help them attract talented personnel and investors because it simplifies legal immigration status and residency possibilities across the UAE. The locality embraces technological and digital businesses through collaborative innovation which creates an optimal setting for businesses embracing future-oriented approaches to succeed.
Ajman NuVenture Free Zone provides affordable setup expenses along with taxpayer advantages and central location advantages making it a perfect business environment for development and achievement.
Advantages of Company Formation in Ajman NuVentures Centre Free Zone
- Easy and simple company registration process that can be done online
- Not required to be physically present for company incorporation
- 100% foreign ownership allowed
- No corporate or income taxes
- 100% repatriation of capital and profits
- Business License issued in 24 hours
- Multiple business activities permitted under one Business License
Location
Located strategically near Dubai International Airport the Ajman Media City Free Zone takes 30 minutes to reach while Business Bay stands at a 45-minute drive where Ajman Media City Free Zone maintains its office. The Ajman free zone shows itself as an ideal business location because of its practical economic and commercial advantages.
The final construction phase will enable Ajman to launch its independent international airport which will support both 400,000 tonnes of cargo and one million passenger operations. Business owners who want to open a company within Ajman Media City Free Zone should seize this opening.
List of Activities Permitted in Ajman NuVentures Center Free Zone
Ajman NuVenture Free Zone permits a wide range of business activities, including:
Consultancy Services – Business, IT, marketing, and financial consultancy.
Trading – General trading, electronics, medical supplies, and import/export.
E-Commerce – Online retail and digital services.
Technology & Innovation – Software development, IT services, and data analytics.
Media & Creative – Digital media production, advertising, and graphic design.
Manufacturing – Light manufacturing and packaging.
Event Management – Event planning and exhibition services.
Professional Services – Accounting, legal, HR, and training services.
Health & Wellness – Medical clinics and fitness services.
Education – E-learning and vocational training.
Design & Architecture – Interior design and architectural services.
Logistics – Freight forwarding, warehousing, and shipping.
Financial Services – Financial advisory and investment management.
Creative Arts – Art production, photography, and entertainment events.
These activities offer flexibility and opportunities across various sectors for entrepreneurs and businesses to grow.
Basic Features of Ajman NuVentures Center Free Zone
These are some of the business activities that can be undertaken in the Ajman Media City Free Zone
New Media: Digital Media, Video Production, Photography, Web Design
Music: Sound Recording, Audio Production, Copyright Management
Film: Audio-Visual Production, Post-production, Sound Mixing, Movie Promotion
Consultancy: Business, Human Resources, Legal
Publishing: Books, Periodicals, Journals, Magazines, Newspapers [Online and Print editions]
Event Management: Sports Management, International Conferences, Trade Expo
Cost of Business Setup in Ajman NuVenture Free Zone
The cost of setting up a business in Ajman NuVenture Free Zone can vary depending on several factors, including the type of business activity, office space requirements, and the number of visas needed.
Documents required for Company setup in Ajman NuVenture Free Zone
You can set up your business as a Free Zone Establishment (FZE), which means that there is just one owner. alternatively, in the event that the company facility has many owners, a Free Zone Company, or FZC. As an alternative, you might create a business as a branch of a foreign company or a GCC company. In this scenario, the company formed in the Ajman NuVenture Free Zone would be owned by another business, known as the parent company.
- Completed Application Form
- Copy of Passport
- Two recent passport-sized photographs, showing the person against a white background
- Three company name options
- Proof of Residential Address in one’s Country of Residence
- Copy of Emirates ID, if already a resident of the UAE
- Copy of Visa, if already in the United Arab Emirates
Each owner of a business must submit these. In other words, if the business has two owners or partners, each of them would be required to submit the relevant paperwork. This is so that both business partners can receive separate investor visas.
The following documents will thereafter be given to you by the Ajman NuVenture Free Zone Authority.
- Memorandum of Incorporation for companies that have one business owner
- Memorandum of Association & Articles of Association for companies that have more than one business owner
- Share Certificate for companies that have more than one business owner
- Certificate of Incorporation
- Chamber of Commerce Membership Certificate
- Lease Agreement
- Tenancy Contract
- Certificate of Good Standing
Once you have these, you can open a corporate bank account for your business.
How to Get Ajman NuVenture Free Zone Visa
The following paperwork must be submitted in order to obtain an entry visa if you were not in the United Arab Emirates at the time of your company’s incorporation.
- Copy of Trade License
- Copy of Establishment Card
- Two passport-size photographs that meet the UAE’s visa photo requirements
- Three recent passport-size photographs, showing the person against a white background
- Educational Certificate duly attested by the UAE Consulate in one’s Country of Residence
Your legal agent in the nation, who has been properly allowed to do so by a Power of Attorney form that you have signed, can carry out the procedure.
You can lawfully enter the United Arab Emirates after obtaining your entry visa, finish your medical fitness examination in a government-approved medical facility there, and then apply for an investor visa.
The same procedure must be followed by the company’s personnel.
In the United Arab Emirates, you must have an Emirates ID in order to apply for a driver’s license, rent a home, or get a phone or internet connection. It acts as evidence that you are a United Arab Emirates lawful resident.
Liquidation of Ajman NuVenture Free ZoneCompany
Businesses may decide to shut down at certain points, such as after the untimely death of the owner or because of budgetary limitations. Or because there is no longer any justification for carrying on with commercial operations as the main goal of the company’s founding has been achieved. It is crucial that the business be formally dissolved in these situations, thus ceasing to exist. The owner or a legal agent with the authority to do so under a Power of Attorney may conduct the liquidation.
A police complaint must be made to this effect if any firm documents granted by the Ajman NuVenture Free Zone have been irretrievably lost. All documents must be returned to the Ajman NuVenture Free Zone Authority. The corporate liquidation process costs AED 1,800 and takes almost a month to finish, according to the Ajman NuVenture Free Zone Authority.
- All visas issued to the company stand cancelled
- The Establishment Card issued to the company by Ajman Media City Free Zone stands cancelled
- The Lease Agreement and Tenancy Contract stands terminated
- The Trade License of the company stands invalidated
- Any refundable deposits made will be duly returned
Why Choose an Expert for Company Setup in Ajman NuVenture Free Zone?
We at NovaZone have years of expertise setting up businesses in the United Arab Emirates. We can offer our experience in company setup in the Ajman free zone, having assisted in the establishment of thousands of businesses. We are proud to say that we have helped customers in 100 different nations. Our current client satisfaction percentage is 98%, and we want to surpass that. We value each and every client, and we take the time to hear their goals and dreams. We are particularly interested in their success.
Government Departments
We can help you with the processes in the following government departments
