Sharjah Media City

Sharjah Media City Free Zone (SHAMS) offers smart innovative services for aspiring startups and SMEs, as well as established companies or corporations. Launched as a world-class hub for modern services for those who wish to setup their business within specialized facilities in the media and creative industry, Shams is a dynamic initiative, a forward-thinking and holistic community with the aim of making creative entrepreneurship accessible to all.

As a comprehensive and integrated business location solution, Shams features commercial office complexes, flexible and personalized creative units, hospitality solutions, and community and residential plazas.

As a world-class free zone hub for innovation, Shams sets the benchmark for service and support to those wishing to set up and launch their business with specialized facilities for the creative and media industries in UAE. Shams will offer smart innovative services, coupled with a holistic community-centered approach, placing a great value on localized content and actively encouraging entrepreneurial talent from within a continuously thriving community.

Shams’ mission is to make creative entrepreneurship accessible to all aspiring startups, SMEs and established companies striving to grow their business both locally and globally. Shams is a dynamic initiative that makes a strong connection with the talented individuals it attracts.

SHAMS - Company Formation

Sharjah offers investors a couple of affordable and cost-effective packages for company formation.

Sharjah Media City is an affordable free zone for entrepreneurs. Your company registration in SHAMS can be done 100% remotely, whether you are in UAE or abroad. The registration process usually takes 7 days.

Type of business licenses in Shams

Service License:
Provides services, i.e. non-goods.
Provides services as a primary objective while using goods, i.e. restaurants, media productions, etc.
Production.
Trading License: Selling goods within Shams or importing and exporting of goods: movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods.
Industrial License: Production, re-production, transformation and manufacturing of goods.

Business facilities in Shams

  • Company setup options starting from Dhs. 11,500;
  • Physical presence in the UAE not required to incorporate your new company;
  • No need of NOC to start your own company;
  • No paid-up Share capital or Annual Audit;
  • 100% foreign ownership;
  • 100% repatriation of capital and profits;
  • 100% free transfer of funds;
  • 0% import and export duties;
  • % Corporate tax for 50 years;
  • All documentation issued in 2 days;
  • Inexpensive workforce and easy recruitment procedures;
  • Vast activities covering Services, trading and Industrial licenses with multiple visas;

Company formation in Shams

1. Shams LLC

Advantages:

Independent operating entity
Entitled to obtain a license
Entitled to sponsor employee(s)
Entitled to open a business bank account

A Shams limited liability company (LLC) is an independent entity whereby the company structure separates the owners and shareholders from the company. Hence the liabilities of the company, whether arising in contract or otherwise, are the company’s liabilities and not the personal liabilities of the shareholders. Equally the company’s assets are the company’s assets and not the personal assets of the shareholders.

2. Shams branch

Advantages:

Entitled to obtain a license
Entitled to sponsor employee(s)
Entitled to open a business bank account

A Shams branch is an entity belonging to an existing parent company. All profits, benefits, gains and other returns of the branch shall be profits, benefits, gains and other returns of the parent company. Equally, all costs, expenses, debts and other liabilities of the branch are costs, expenses, debts and other liabilities of the parent company.

While based in the UAE, we offer comprehensive services for doing business in the Middle East including all the Free Trade Zones, including offshore company formation. We have already rendered our assistance to more than 1000 companies to set up their operations in UAE.

UAE Free Zones provides complete bank account opening services to its clients along with the assistance for your business setup in Dubai. Our professional team will study your requirements and help you achieve your goals.

Set up your company in Sharjah Media City Today!