SHAMS Free Zone Company Formation
- 100% Business Ownership & Capital Repatriation
- Strategic Location
- Business licences that start at AED 5,750
Why Setup a Company in SHAMS Free Zone ?
Established in 2017, Sharjah Media City Free Zone (SHAMS), is a hub for corporations in the creative field. SHAMS Free Zone offers businesses minimal upfront and renewal rates with the option to register your company wherever you are based in the world. Aiming to be the world-class media hub for innovative flair and services, SHAMS Free Zone covers an array of business activities in the same business license. The Sharjah Media City Free Zone allows a company’s youngest shareholder to start operating from the age of 19. This is a great perk not found in other free zones. A company employee can be up to 18 years old, which is also very rare compared to other free trade zones.
All company documents are electronic, so you can print them anywhere and never lose your originals. Documents can be viewed at any time on the SHAMS website to verify authenticity. Moreover, whether you are in the UAE or abroad, business setup in Sharjah Media City can be done completely remotely and you can have your company registered in less than a week.
SHAMS Free Zone is ideal for investors looking to reside and do business in Shajah Media City, as SHAMS has one of the most flexible visa allocation systems, allowing companies to qualify for zero to up to six visas. Additionally, packages can be upgraded at any time. However, if you apply for a resident visa under a SHAMS Free Zone License, you must have a medical insurance or sign a pledge to do so within the next 10 months.
In a nutshell, SHAMS is the best option for start-ups and developing companies. You will surely find a business activity that meets your needs that has good value for money and visa allocation. Alternatively, businesses have the option to look for another free zone in Sharjah, you may look into Sharjah Airport Free Zone as well, to further expand your option in your decision making process. Speak to our Sharjah Media City consultant and understand the numerous benefits of company formation in SHAMS Free Zone.
Skwer Group Experts will guide you through the business setup in Sharjah process from start to finish!
Benefits of Business Setup in Sharjah
100% Business Ownership and Capital Repatriation
Business Activities Options
Quick & Simple Online Registration
Competitive Rate
100% Ownership
Simplify Your UAE Business Setup: License Categories and Activities in SHAMS Free Zone
SHAMS offers specialized license categories tailored to a diverse range of creative pursuits:
- Trading License
- Services License
Each license category is meticulously designed to align with specific creative ambitions, ensuring an optimal fit.
Creative Diversity:
SHAMS stands as a haven for creative innovation across various domains, including:
- Media and Publishing
- Broadcasting
- Creative Services
- E-commerce
- and more
License Flexibility:
With over 120 available activities, SHAMS free zone accommodates diverse business interests. You can amalgamate multiple activities under your license, catering to a wide spectrum of creative endeavors.
Affordable License Costs:
SHAMS Sharjah Media City offers an affordable free zone solution. License fees commence at 5,750 AED for a zero-visa package. For those requiring a visa, renting a flexi-desk and visa allocation entails an additional fee of 1,600 AED.
Consider SHAMS for your company setup if you’re seeking creative excellence in media, publishing, broadcasting, or creative services. With its versatile license offerings and budget-friendly options, SHAMS empowers you to thrive within a vibrant creative business environment.
Quick & Easy Company Setup Process
Get Your SHAMS Free Zone Company Register with Skwer Group!
Need to Open a Bank Account in UAE?
We maintain a close collaboration with the following banks to facilitate the opening of bank accounts for our clients.
Business Licenses Offered by SHAMS Free Zone
Broadcasting
License for broadcasting agencies.
Advertising
License for advertising agencies.
Insurance
License for services related to insurance.
Trading
License for import, export, storage, and distribution.
Publishing
License for publishing companies.
Types of Ownership
01
Free Zone Establishment Limited Liability Company (FZE-LLC – Single Shareholder)
02
Free Zone Company (FZCO – Multi Shareholders)
03
Branch of Local Company
04
Branch of a Foreign Company
Main Characteristics of SHAMS Free Zone
| Characteristic | Description |
|---|---|
| Company Legislation | Sharjah Media City Free Zone Authority Companies regulations |
| Time to Incorporate | 7-10 working days |
| Possibility of Migration | No |
| Tax Rate | VAT at 5% |
| Shareholders | 1-50 |
| Residency Requirements | No |
| Share Capital | AED 1,000 |
| Bearer Shares | No |
| Beneficial Ownership Disclosure | Shareholder, Director, Manager and Secretary details are provided to Shams, but are not publicly available |
| Directors | 1-4 (individual and/or corporate) |
| Manager | 1-4 (individual and/or corporate) |
| Secretary | No |
| Local Presence Requirements | No |
| Availability of Shelf Companies | No |
| Meetings | No |
| Annual General Meetings | No |
| Annual Accounts | Yes |
| Filing of Accounts | No |
| Audit Requirement | No |
Ready to Launch Your UAE Company?
Claim your FREE quote today and discover why we offer the best rates in the market. Your success story starts here.
Documents Required for Business Setup in Sharjah
| Requirements: | Status |
|---|---|
| Business Plan |  |
| Copy of shareholder(s) passport and CV copy | |
| UAE Residence visa and Emirates ID copy | |
| Utility bill copy | |
| CV/Resume | |
| NOC from existing sponsor | |
