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Why Choose SHAMS

Below are some of the points which will why foreign investors and entrepreneurs choose SHAMS for business setups:

  • Option to start a business from AED 11,500
  • Various business activities are available under the same business license
  • All company documents are issued within a few days
  • 100% foreign ownership allowed
  • Form companies with limited liabilities
  • 0% corporate or personal income tax
  • The online registration process is faster and easier
  • SHAMS does not require any deposit
  • Issuance of up to 6 visas for a shared desk facility
  • Just 15 minutes drive from Sharjah International Airport and 30 minutes from Dubai International Airport
  • Shareholders do not need to be physically present in the UAE to start a new business
  • Ability to appoint company directors and company managers for your company
  • 100% capital and profit repatriation
  • The hiring of foreign employees is allowed
  • License process completion in just 2 days

SHAMS Freelancer Promotion Package

SHAMS is offering different freelancer visa packages such as:

SHAMS Freelancer Promotion Package

Company Activities in SHAMS

The business activities include:

  • Media related activities such as Social media influencers, Print media, etc.
  • Wholesale and Retail activities
  • Professional services
  • Holding and other financial related activity types

Along with these, there are more than 120 business activities. You have the option to combine multiple business activities in your license.

Costs of SHAMS Free Zone License

It is an economical free zone. The business license fees in SHAMS free zone start from 5,750 AED for the zero visa package. For getting a visa in your company, you must rent a Flexi-desk on lease and pay for the visa allocation of 1,600 AED.

Company Formation in SHAMS

The entrepreneurs can perform the registration of the company completely remotely. It doesn’t matter if you are in UAE or living in any other country, you can get your company registered in a duration of almost one week.

Documents You Require for Company Formation

The documents you need to provide for the company formation include:

  • Email
  • Passport copy
  • Phone number

The Sharjah Media City Free Zone allows the company's youngest shareholders to own the company, aged 19 and over. This is a big advantage that other free zones don't have. Company employees’ age can be up to 18 years old, which is also very unusual compared to other free zones. All company documents are electronic; you can print them anywhere and don't have to worry about losing the originals. Documents can be checked for authenticity at any time via the SHAMS website.

Company Registration Renewal

Company registration renewal, just like the setup, can be performed remotely by individuals. There is no need for any audit reports by the authority. The renewal fee is the same as the setup fee. On non renewal of your license based on its validity, fines will be applicable starting from AED 1,100 from the first month.

Types Sharjah Media City Free Zone Licenses

There are four licenses in the Shams Free Zone available for entrepreneurs or investors. These license options are trading, industrial, service level, or holding license. The choice of one of these options depends on the needs of the investor.

  • Service License

    This type of license allows you to produce, reproduce, convert, and distribute the service. This type of license covers the provision of services as the primary purpose and the use of goods to provide them.

  • Industrial License

    This type of license allows you to manufacture, reproduce, modify, and manufacture goods. You can open a company that is engaged in the manufacturing, re-production, processing and manufacturing of goods.

  • Trading License

    This type of license allows you to sell goods or import and export goods within Shams. It consists of movement of goods, wholesale and retail of goods; and providing services in connection with the sale of these goods. Wholesale and retail are some of the final steps in the distribution of goods.

  • Holding License

    This type of license allows you to hold assets and/or interests in another company. You always need a parent company to oversee other companies; it is a property like real estate, patents, brands, stocks and other assets.

Starting a Business in Dubai is divided into 4 Major Steps:

1

Registering Your Company Name

2

Acquiring a Business License

3

Completing the Visa Processes

4

Opening a Bank Account

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GET A QUICK ESTIMATE ON YOUR BUSINESS SETUP COST

Freelancer Package Terms and Conditions

  • The package can be availed with a Zero visa & 1 Visa only.
  • Shared Desk is mandatory with a Zero visa license.
  • 3 free additional activities of any type with 1 mandatory media activity.
  • The package can be availed with multiple shareholders.
  • 2-year discount of 15%, 3-year discount of 20% & 5-year discount of 30% applicable on package value (License + Shared Desk + Visa allocation).
  • 3 free additional activities of any type with 1 mandatory media activity.
  • External approvals (if applicable) are not included in the price.
  • Renewal rate locked at an above price for the life of the company.
  • The package can be upgraded to include additional visa’s (more than 1) – availed Freelancer package rates will be forfeited; standard product rates & terms and conditions will apply.
  • This package cannot be combined with any other new sales/renewal offers.
  • Partner commission applicable as per tier agreement.
  • Once the sign off is completed - this will be updated in the products & services definition for the next board meeting.