SHAMS Free Zone

Starting a business is much easier in the UAE. The new wave of laws and regulations issued by the government has made the process more broadly accessible. The country also has several trade-free zones across the emirates, encouraging entrepreneurs and making starting a business more accessible and profitable.

Shams Media City acts as a driving force for the expansion and success of creative and media companies. The free zone encompasses a wide range of business activities available for anyone looking for SHAMS company formation to become a world-class media hub for innovative facilities and services.

Characteristics of IFZA Free Zone

Characteristic Type Characteristic Trait
Ownership 100% Foreign Ownership
Company Type Limited Liability Company (LLC)
Minimum No. of Shareholders 1
Minimum No. of Mangers 1
Accounting Bookkeeping Requirements No
Renewal Date Annual date of Incorporation
Corporate Taxation 0%
Types of Activities Commercial, Media & Service or Consultancy
VAT Percentage 0%
Duty for Import Export 0%
Duration for Company Formation 2-3 Working days
Paid Up Capital Depends on the Business Activities
Requirement of NOC No
Local Partner Required No
Visa Type Investor & Employment Visa

Documents Required

  • Color Passport Copy
  • Visa status copy / Entry stamp copy
  • Passport Size Photo
  • Other documents depending on the business activity

Banking Partners

Advantages of The Free Zone

Affordable business setup

0% corporate or income tax

100 percent business ownership

Distribution of up to 12 visas through a shared desk service

Wide range of business activities

Statistics

SHAMS provides products and services that are intended to spur their development and prosperity. Investors can open a firm at the lowest possible cost and gain access to several visas through a joint office. On the same license, multiple company activities are also allowed.

Shams aims to be a central creative hub in the area, only 15 minutes from Dubai International Airport and 5 minutes from Sharjah International Airport, making it a perfect location for Sharjah Media City free zone company formation.

Founded in the Year 2017
2017 $24.81billion
Governing Authority Sharjah Media City
No. of Companies More than 160
No. of Business Activities More than 120
No. of Business License Approval More than 6000

Company Formation in Free zones Ideal for

Media Activities

E-commerce

Consultancy

Tourism Activities

Registration Process

Complete the Application Form

Complete the Application Form

Submit Your Documents to the Authority

Submit Your Documents to the Authority

Obtain Your License

Obtain Your License

Obtain Your Residency Visa

Obtain Your Residency Visa

Open Your Bank Account

Open Your Bank Account

Terms and Conditions

*Duration is subject to the constraints of the due diligence procedure.

**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.

***The required documents must be provided for every individual related to the company.

Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.

Why Choose BSW

The procedure for registering a corporation in the free zone may confuse foreigners. As a result, you should seek expert help from someone who can give you the necessary knowledge. Business Setup Worldwide has a team of professionals who can provide you with the required information and oversee the entire process, freeing you up to concentrate on expanding your company. To learn more, contact us.

FAQs

What does the SHAMS free zone license cost?

0 Visa license starts from AED 5,750.

What are the available licenses in SHAMS free zone?

  • Service License
  • Trading License
  • Industrial License
  • Holding License

What are the legal entities for the SHAMS business setup?

  • Limited Liability Company (LLC)
  • Branch of a Foreign Company.

What are the facilities available in SHAMS free zone?

  • Dedicated desk
  • Shared desk
  • Dedicated office
  • Shared office