Shams, also known as Sharjah Media City, started in February 2017 with the goal of supporting and nurturing creative and media businesses. It aims to become a top-notch media hub, offering state-of-the-art facilities and services. Shams provides a wide variety of business activities for entrepreneurs looking to start their ventures in the UAE.
Business setup in Shams Free Zone is beneficial for social media influencers and businesses in the media sector. ‘Shams Free Zone’ is the abbreviation for Sharjah Media City Free Zone. It was founded in the year 2017.
setup a company in Shams Free Zone is popular thanks to the easy and cheap formation process. Sharjah Media City(Shams) Free Zone enables companies to expand both locally and internationally.
If you want to start ecommerce business setup in Shams Free Zone, the you will get e-commerce license sharjah .
Company setup in Shams Free Zone is lucrative for all aspiring SMEs, startups, corporations, etc. Thanks to the numerous benefits that it provides to businesses of all sizes, Shams Free Zone is acclaimed to be the best economic zone for businesses in the media sector that are looking for a bright future.
Table of Contents
Top 10 Reasons to Setup a Company in Shams Free Zone
Here are the compelling reasons to establish your company in Shams Free Zone:
1. Strategic Location
Shams Free Zone is strategically located in the heart of the UAE, providing easy access to global markets.
2. Business-Friendly Environment
It offers a supportive and conducive environment for businesses to thrive, with simplified processes and regulations.
3. Tax Benefits
Companies in Shams Free Zone enjoy tax exemptions, including corporate tax, personal income tax, and import/export duties.
4. 100% Foreign Ownership
Investors can retain 100% foreign ownership of their businesses without the need for a local sponsor.
5. State-of-the-Art Infrastructure
Shams Free Zone provides modern infrastructure and world-class facilities to support various industries.
6. Flexibility and Variety of License Options
Businesses can choose from a range of license options tailored to their specific needs, promoting flexibility and ease of operation.
7. Access to Global Markets
Shams Free Zone offers extensive networking opportunities, enabling businesses to access both local and international markets.
8. Proximity to Major Transport Hubs
Its proximity to major airports and seaports facilitates efficient logistics and transportation of goods.
9. Supportive Ecosystem
Shams Free Zone fosters collaboration and innovation through its supportive ecosystem, including incubation programs and networking events.
10. Quality of Life
With its vibrant community, diverse cultural offerings, and excellent lifestyle amenities, Shams Free Zone provides an attractive environment for entrepreneurs and professionals alike.
Choose Shams Free Zone for a cost-effective, tax-friendly, and hassle-free environment to establish and grow your business.
UAE, Dubai E-commerce License Packages
Start your Company in SHAMS Freezone @ AED 8,050 ! Send Us Your Inquiry?Â
Types of Business Trade Licenses Offered in Sharjah Media City Free Zone
There are four types of business trade license offered by Shams Free Zone for businesses looking to get started here. Entrepreneurs as young as 19 years old can apply for these licenses in Shams Free Zone, which is not possible in any other free zones in the UAE. After starting a company here, employers can hire employees as young as 18 years old.
Here are the four types of business trade licenses offered in Shams Free Zone:
1. Trading License
2. Service License
3. Industrial License
4. Holding License
Business Activity Offer by Shams Free Zone
Discover the versatility of Shams, offering a diverse selection of over 120 business activities for you to choose from. With the flexibility to combine multiple activities on a single license, Shams caters to a wide range of business models. Explore our extensive array of business activities and find the perfect fit for your venture.
1. Media
- Manufacturing
- Information and communication
- Professional, scientific and technical activities
- Arts, entertainment and recreation
2. Wholesale & Retail
- Wholesale trade, except of motor vehicles and motorcycles
- Retail trade, except of motor vehicles and motorcycles
- Wholesale and retail trade and repair of motor vehicles and motorcycles
3. Services and Consultancy
- Manufacturing
- Construction
- Transportation and Storage
- Accommodation and food service activities
- Financial and insurance activities
- Real estate activities
- Professional, scientific and technical activities
- Administrative and support service activities
- Education
- Arts, entertainment and recreation
- Other service activities
Process of Business Setup in Shams Free Zone
Obtaining your business license in Shams Free Zone is a simple process that can be completed in just three easy steps:
- Choose your license type and business activity
- Submit documents and make payments
- Receive your business license
1. Choose your license type and business activity
Decide on the type of license that suits your business, whether it’s a Free Zone Establishment (FZE) or a Free Zone Company (FZC). Select the specific business activity that best represents your venture from the wide range of options available in Shams Free Zone.
2. Submit documents and make payments:
Gather the required documents, such as copies of passports, visa page (if applicable), bank reference letter, and your business plan. Submit these documents along with the necessary fees to the Shams Free Zone authorities. This step ensures that all your paperwork is in order and the required payments are made.
3. Receive your business license:
Once your application and documents have been reviewed and approved, you will receive your business license from the Shams Free Zone authorities. This license serves as an official recognition that your business is legally registered and authorized to operate within the free zone.
By following these three simple steps, you can quickly obtain your business license and embark on your entrepreneurial journey in Shams Free Zone. It’s always a good idea to consult with the company Setup Consultants and seek professional guidance to ensure a smooth and hassle-free process.
Documents Required to Business Setup in Shams Free Zone
The documents required to business setup in Sharjah Media City Free Zone will depend on the business structure of your company. There are three types of company structure you can choose from when starting a company in Shams Free Zone, they are Limited Liability Company (individual), Limited Liability Company (shareholders), and Branch of an existing company.
Here are the documents you can expect to procure if you are starting a company in Shams Free Zone:
- The certificate of incorporation
- The Memorandum & Articles of Association
- The board resolution to establish a new company
- The certificate of good standing and valid trade license
- The board resolution giving signatory authorization or Power of Attorney to the third party
What are the benefits of Shams license?
The Shams license offers quick and hassle-free issuance, facilitating faster business setup. It ensures compliance with UAE regulations through clearly defined license terms. Additionally, businesses can tap into Shams’ vast network for market access, both domestically and internationally.
How can Company Setup Consultants help you?
If you are looking to get your business started in Shams Free Zones in the quickest and easiest way possible, then you are in the right place. Company Setup experts have started numerous businesses all over the UAE.
We also provide services that will help you run your business smoothly after formation. Contact us today and hit the ground running. Book your FREE consultation today at +971582595164 or email at info@companysetup.ae
