Benefits of starting a business in Shams Free Zone

Posted by UAE Free Zones On December 4, 2020


Sharjah Media City Free Zone (Shams Free Zone), launched in 2017, allows entrepreneurs, SMEs and start-ups to start their business both locally and globally in the field of media and innovation with a low investment. 

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.

Advantages of starting a business in Shams Free Zone

An ideal hub for media businesses

The UAE has been at the forefront when it comes to providing a supporting ecosystem for investors in the media industry. Emirates such as Ajman, Dubai, and Abu Dhabi have dedicated free zones for the media industry. Considering the low-cost and other benefits the investors get from company formation in Sharjah, Shams proves to be the ideal option for media businesses. By initiating the process of business setup in Shams, the investors get an ideal platform to grow their media business.

Sharjah Media City Freezone Visa Quota and License package cost

The Multi-Year License Package from Sharjah Media City is an ideal choice for investors looking at a long-term plan. Also, the Multi-Year License Package is also beneficial for investors who would like to avoid the hassles of yearly payment for renewal of company license.

The 2,3 and 5 year business licenses packages will enable clients to pay a one-time amount for the specific timeline and get the company license auto-renewed for the period.

Documents Required for Company Setup in SHAMS:

To set up a company in Shams free zone, entrepreneurs are required to submit one or more of the following documents to the concerned authorities based on the type of legal entity:

  • Certificate of Incorporation
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Board resolution to establish a new company
  • Board resolution to establish a new branch
  • Board resolution giving signatory authorization or Power of attorney for the third party
  • Certificate of good standing
  • Valid trade license
  • Supporting documents: passport copy of the individual shareholder, passport copy of the Director and the Company Secretary and a Passport copy and UAE visa of General Manager

Types Of License in Sharjah Media City

The free zone offers four types of licenses. The Sharjah media free zone license co-stand procedure may vary according to the type of license applied for:

- Service license
- Trading license
- Industrial license
- Holding license

Business Setup Consultants in Sharjah Media City Free Zone

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!