SHAMS free zone is the media and creativity hub in Sharjah, attracting expatriate entrepreneurs from across the world for its business-friendly environment, connected ecosystem, confidentiality laws, quick and easy incorporations, and a strategic location.
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. This flexible free zone in Sharjah is a world-class media and digital hub with outstanding amenities and services for creative, media and digital entrepreneurs. The new free zone in UAE is constructed with the facility to set a benchmark advancing other free zones in the UAE exploiting approaches such as intelligent design and layout, cutting-edge technologies and value-added other capabilities. Through the vision of a world-class free zone for media and creativity in the UAE, Sharjah Media City supports the simplest business registration process for those who want to start and set up their business. Shams, the fastest free zone in the northern emirates, provide everything you need for licensing, visas, and real estate through fast, easy and cost-effective setup process.
With the mission of low investment model of business and making creative entrepreneurship accessible to all aspiring start-ups, SMEs and established companies, Sharjah media city free zone offers innovative services, coupled with a holistic community-cantered approach. The free zone provides opportunities for customers around the world through the provision of cutting edge solutions to fulfil their business needs through the simplest business registration process in the UAE Free Zone. Furthermore, being a new Freezone in UAE, SHAMS is seeking to provide high-quality services to its community and achieve great improvements in handling productivity and turnaround for those who want to establish their name in the media industry and it becomes a flexible free zone in Sharjah.
Danburite targets on SHAMS, the fastest free zone in the northern emirates and to be an integral part to the bright future of global trade and ensure every activity should have a long-lasting positive impact on economies and society. We offer dependable and cost-effective services through modern and efficient infrastructure coupled with customer friendly approach in this new free zone. We focus on providing endless opportunities in a low investment model of business for people with endless talent and creativity.
Types Of License in Sharjah Media City
The free zone offers four types of licenses. The Sharjah media free zone license costand procedure may vary according to the type of license applied for.
- Service license
- Trading license
- Industrial license
- Holding license
Documents Required For Company Setup
ForSharjah media free zone company setup, the entrepreneur requires submitting a set of documents to the concerned authorities. Any discrepancy in documents will lead to delays and additional expenses.
Documents | LLC (Individual shareholder) | LLC (Corporate Shareholder) | Branch |
Certificate of Incorporation | Not Required | Required | Required |
Memorandum & Articles of association | Not Required | Required | Required |
Board resolution to establish a new company | Not Required | Required | Not required |
Board resolution to establish a new branch | Not Required | Required | Not Required |
Certificate of good standing, valid trade license | Not Required | Required | Required |
Board resolution giving signatory authorization or Power of attorney for the third party | Required | Required | Required |
Supporting documentation
-Passport copy of the individual shareholder -Passport copy of director, Company Secretary -Passport copy and UAE visa of General Manager |
Required Required Required |
Not Required Required Required |
Not Required Not Required Required |
Company Setup Cost in SHAMS
Sharjah media free zone business setup costs are relatively low compared to most other free zone jurisdictions across the UAE. It’s subject to the type of license and other factors.
General Trading Setup Cost
General Trading License (0 visa)
Shams License Fee | AED 16,500 |
General Trading license (1 visa)
Shams license fee | AED 16,500 |
Immigration Card (Valid for 3 years) | AED 1,500 |
Lease Agreement- Shared Desk | AED 3,675 |
Visa allocation (per visa) | AED 1,600 |
Total | AED 23,275 |
Commercial Company Setup Cost
Commercial License (0 visa all0cation)
Shams License Fee | AED 11,500 |
Commercial License (1 Visa)
Shams License Fee | AED 11,500 |
Immigration Card (Valid 3 years) | AED 1,500 |
Lease agreement – Shared Desk | AED 3,675 |
Visa allocation (per visa) | AED 1,600 |
Total | AED 18,275 |
** Holding license available
Visa Related Costs
The foreign investor requires visas before or during the Shams free zone company setup process is underway. Mentioned below are the types of visas available and the costs involved.
E-Channel Registration
Registration Fee | AED 5000 |
Refundable Deposit | AED 2150 |
Total | AED 7,150 |
** Annual Renewal at AED 1150
Investor/ Partner Visa
Residency Visa | AED 5,075 | |
Change of status | AED 1,055 | |
Emirates ID | AED 370 | |
Medical test | Normal | VIP |
AED 302 | AED 857 |
Employment Visa
Residency Visa | AED 4,655 | |
Change of status | AED 1,055 | |
Emirates ID | AED 370 | |
Medical test | Normal | VIP |
AED 302 | AED 857 |
Advantages of Company Setup in SHAMS - Sharjah Media City:
Several benefits come by default with Sharjah media free zone company setup, including:
- The simplest business registration process
- Setup cost starting from AED 11,500
- The visa costs will be 3500 AED
- To register your new company, no need for Physical presence in the UAE
- No need of NOC for starting your company in this flexible free zone in Sharjah
- No restriction on hiring foreign employees
- 100% foreign ownership
- 100% free transfer of funds
- No restriction on capital repatriation
- Import or re-export duties 0%
- Personal income tax 0%
- No need shares capital or annual audit
- All documentation issued within 2 days
- All formalities are easy, digital and very cost-efficient
- Additional services in Shams free zone.
- Careful documentation for a technology-based company
- Preparation of necessary plans to prepare
- Airport transfers
- Document due diligence
- Formation of the company
- Private services
- Post formation services
- Visa services
- Company management services
- Company bank account opening
- Online payment for visa and company
- Instalments plans for investors
- Special power of attorney
Our Business Locations
Dubai, UAE
-
Pyramid Centre - Office No 108
Umm Hurair Rd - Oud Metha - Dubai - United Arab Emirates
+971 56 8080092, +971 425 64662
info@danburite.ae
Abu Dubai, UAE
-
Behind Al Mariah Mall. Hamdan street,
P.O.Box: 61470 Abu Dhabi, UAE.
+971 56 8080092
info@danburite.ae
China
-
15/F, A8 Music Building,
1002 Keyuan Road,
Tech Zone, Nanshan,
Shenzhen 518000,
China+86 186 1234 5678
info@danburite.ae
Czech Republic
-
Kafkova 346/14,
Prague,
Czech Republic+420 123 456 789
info@danburite.ae