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Sharjah Media City(SHAMS) launched in 2017 with a vision to be a world-class hub for media and creativity in the region. Shams mission is to make creative entrepreneurship accessible and inspire business growth in the region.
Establishing a company in this Free Zone with us has the following benefits:
We have fully inclusive packages starting from as low as AED 9,000 per year, as well as more comprehensive packages, which include an extensive range of business support services.
The company formation process can be completed from the comfort of your own home via the Free Zone’s simple and quick application process.
If you already hold a UAE residency visa, we don’t require an NOC from your current sponsor in order to form your new company.
Unlike many other Free Zone options, you aren’t hampered by having to block a large share capital amount with your bank in order to form your new company, nor do you have to go through the time and expense of a cumbersome company audit every year to renew your Business License.
Unlike many other countries, you will have full freedom to repatriate all your invested capital and profits, furthermore in the UAE there are also no foreign exchange controls and currency restrictions.
Thanks to our convenient and simple application process all your new company documentation will be issued within days.
You have the ability to apply for an investor/partner visa for your company with the minimum age of 19 years old. Furthermore the investor/partner visa is valid for 3 years.
You have the flexibility to staff your new company adequately from the outset, and unlike other Free Zone options, the visa allocation is available without having to rent large and costly office space.
Entrepreneurs, SMEs and start-ups are given the access to establish and grow their businesses both locally and globally with Shams Free Zone. Shams offers creative and talented individuals innovative and community centered services and serves as a great venue for setting up and launching businesses.
Shams is located in the Emirate of Sharjah, a region servicing tourism, business and talented individuals with world-class infrastructure, ammenities and services supporting a diverse economy, culture, education and modernity.
Shams offers foreign investors a zero corporate tax and no import and export taxes and a lot more benefits. Sharjah is a perfect place that represents safe and growing environment for any type of company formations. UAE is globally known as one of the best trading hubs and Sharjah is the largest contributor to its non-oil sector that contributes 45% of 70% UAE GDP.
Shams License allows a company to operate its business within Shams Free Zone for a number of activities. Below are type of Shams Licenses available:
Allows the client to import, export, distribute, consolidate and store items specified in the license.
Allows the client to import, export, distribute, consolidate and store items of a diversified, unlimited and unrelated number of products (multiple products).
SHARJAH MEDIA CITY (SHAMS) FREE ZONE | |||
A- LOCAL FEES TABLE | |||
Type of License: | |||
A license depends on the company’s activity and is required to conduct this activity. The below costs include the registration and License costs. | |||
Consultancy-Service Commercial License : Activity type I | 1st Year | Subsequent Year | |
No visa | AED 11,500 | AED 11,500 | |
1 visa | AED 16,600 | AED 16,600 | |
2 visas | AED 18,200 | AED 18,200 | |
3 visas | AED 19,800 | AED 19,800 | |
4 visas | AED 21,400 | AED 21,400 | |
5 visas | AED 23,000 | AED 23,000 | |
6 visas | AED 24,600 | AED 24,600 | |
General Trading License : Activity type II | |||
No visa | AED 16,500 | AED 16,500 | |
1 visa | AED 21,600 | AED 21,600 | |
2 visas | AED 23,300 | AED 23,300 | |
3 visas | AED 24,800 | AED 24,800 | |
4 visas | AED 26,400 | AED 26,400 | |
5 visas | AED 28,000 | AED 28,000 | |
6 visas | AED 29,600 | AED 29,600 | |
Office Facility : | |||
An Office is required to be granted a license. The number of visas will depend on the type of license and the rented space. One visa is granted per 9 sqm | |||
Size (sqm) | 1st Year | Subsequent Year | |
Shared desk officeIncluded | – | – | |
Business Center Office | On demand | On demand | On demand |
Miscellaneous Documents : | |||
To register in Residency Department an Establishment Card is required. | |||
1st Year | Subsequent Year | ||
immigration Card | AED 1,500 | – | |
Audit Appointment Letter | AED 1,500 | – | |
Operational Fitness Certificate in case Physical Office | AED 450 – 1,050 | – | |
Visas: | |||
A Bank Guarantee Deposit is not required. | |||
1st Year | Subsequent Year | ||
Investor visa – 3 years validity | AED 3,600 | – | |
Employee visa – 2 years validity | AED 3,000 | – | |
Guarantee Deposit per visa | – | – | |
Medical test and ID | AED 1,300 | – |