Ajman Media City Free Zone (AMCFZ), the brand new investment hub of UAE and a world class free zone hub for the creative, media and entertainment industry, has announced customer friendly cost effective packages for new business set-up.

Sheikh Abdul Aziz bin Humaid Al Nuaimi, chairman of Ajman Media City Free Zone said ahead of the official launch of the free zone:  “Globally, entrepreneurs and small- and medium-sized enterprises (SMEs) are widely considered to be vital to national economies. We are committed to support the small and mid-size business investors and offer cost effective services for SME sector and boost UAE’s rankings in global business destination list.”

AMCFZ is developed for making the emirate of Ajman an international economic centre for investors and businesses, in line with the “Ajman 2021” vision.

No deposit mandate offers big incentive to new business owners.

The chairman announced a landmark decision to abolish all the security deposits related to visa process for new companies which set-up their base in Ajman Media City Free Zone.

He said: “We want the new business owners to receive significant cost advantage and make it easier for them to set up a new business in UAE. This decision will support the entire creative, media and entertainment industry.”

Ajman Media City Free Zone is entering in strategic alliances in key markets of India and Egypt according to Mahmoud Khalil Al Hashemi, executive director of Ajman Media City Free Zone.

“In India, we have successfully created long term alliance with two of the largest media conglomerates, Times of India and Hindustan Times. As part of the collaboration, AMCFZ will identify value propositions, projects and events that can be localized for the UAE market and be brought to Ajman,” he said. – TradeArabia News Service