SHARJAH MEDIA CITY FREE ZONE COMPANY FORMATION
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COMPANY REGISTRATION IN SHARJAH MEDIA CITY
Sharjah Media City (SHAMS) is rapidly emerging as a leading Free Trade Zone in the Emirate of Sharjah. With a diverse range of company licenses available, SHAMS provides a compelling opportunity for investors looking to establish their businesses. Setting up a company in Sharjah Media City not only promises lucrative returns but also serves as a strategic investment for global entrepreneurs seeking to expand their operations in the UAE.
SHAMS offers unparalleled media and digital company license packages at highly competitive rates starting from AED 8,050 (with Zero Visa Quota). Entrepreneurs in the creative, media, digital, and other related sectors can effortlessly establish their presence in SHAMS Free Zone, unlocking a world of opportunities for growth and success.
Sharjah Media City (SHAMS) offers numerous benefits for foreign investors. With its low-cost business license, extensive range of over 2000 business activities, state-of-the-art office spaces, and streamlined company setup process, it is a highly favored choice. Notably, SHAMS allows for 100% foreign ownership, further adding to its appeal. Conveniently situated near the Sharjah International Airport, SHAMS facilitates seamless global trade and operations. It is renowned as one of the most competitive Free Zones in the UAE, providing cost-effective business setup packages.
KEY BENEFITS
- Company setup cost starting from AED 8,050
- No need of Physical presence in the UAE to register your new company
- No need of NOC to incoporate your company
- 100% foreign ownership
- 100% free transfer of funds
- No restriction on capital repatriation
- 0% import or re-export duties
- 0% personal income tax
- No restriction on hiring foreign employees
- All documentation issued in 2 days
- No paid up share capital or annual audit
- All processes are easy, digital and very cost-efficient
COMPANY LICENSES IN SHARJAH MEDIA CITY FREE ZONE (SHAMS)
SERVICE LICENSE
SHAMS Service Company License empowers foreign investors to establish service companies across diverse business service activities. The Free Zone offers the necessary business infrastructure to set up a Services company, providing options like Flexi-Desks, shared office spaces, or fully customized executive offices.
TRADING LICENSE
The Trade License allows businesses to sell goods within SHAMS or engage in importing and exporting to the mainland from the Free Zone. With the Trading License from SHAMS Free Zone, goods can move freely to and from the Free Zone after fulfilling the necessary customs duties. This license empowers businesses to conduct trade seamlessly and efficiently.
INDUSTRIAL LICENSE
With an Industrial License in Sharjah, entrepreneurs can establish and engage in various business activities, including production, re-production, transformation, and manufacturing of goods. Situated strategically near Sharjah International Airport and Khalid Port, Sharjah Media City offers an ideal location for setting up manufacturing units. The region is witnessing a growing demand for industrial requirements, presenting investors with an opportunity to tap into by acquiring an industrial license from Sharjah Media City.
HOW TO SELECT THE RIGHT BUSINESS ACTIVITY IN SHAMS FREE ZONE?
Sharjah Media City provides a wide range of business activities, offering over 2000 options across various license types. Entrepreneurs can select from service, trading, and industrial licenses based on their desired business activities to establish a company in SHAMS Free Zone. With a Service License from Sharjah Media City, investors can provide services to other companies and consumers within the Free Zone and globally. Sharjah Media City offers specialized service licenses including consultancy, eCommerce, media, marketing, and more.
For entrepreneurs looking to start a trading company, the Trading License from Sharjah Media City is an ideal choice. This license allows investors to engage in the import and export of goods, as well as the sale of goods in the UAE, GCC, and the rest of the world. Additionally, those who wish to assemble, repackage, re-manufacture, or transform goods can choose the Industrial License from SHAMS. The Free Zone provides the necessary business infrastructure and streamlined procedures for setting up a manufacturing unit.
FACILITIES AVAILABLE IN SHAMS
Shams offers four distinct facility options tailored to meet your unique needs and requirements. Our shared workplace facilities foster a vibrant co-working environment, providing an ideal solution for start-ups seeking to collaborate and connect with like-minded individuals.
1. DEDICATED DESK
This workspace provides entrepreneurs with a dedicated area to work mindfully and focus on their core business, while also offering networking opportunities. It is a flexible space designed for work, meetings, networking, and collaboration. The modern and aesthetically pleasing setup creates a pleasant atmosphere for investors to work and easily scale up their businesses.
2. SHARED DESK
Shared Desk is a collaborative space for like-minded individuals, offering cost-effective company setup. With Shared Desk, investors enjoy the flexibility of working on the go, choosing from available spots. It’s perfect for investors engaged in frequent on-site meetings. SHAMS provides appealing business license packages, including the option to rent a shared desk daily, monthly, or yearly.
3. DEDICATED OFFICE
The assigned lockable office space is designed to accommodate individuals, offering a private and collaborative workplace environment. Whether it’s a single desk or a group of desks, this Dedicated Office Space provides privacy and enables seamless collaboration among team members. It’s the perfect choice for entrepreneurs who aim to foster business growth with a small team.
At Sharjah Media City, we offer a variety of office types, including fully customized and Shell and Core options, which investors can tailor to their specific needs. By having a dedicated office space, business leaders can focus on strategic areas and drive higher growth. It allows them to prioritize core business strategies and work towards achieving their goals more effectively.
4. SHARED OFFICE
Opting for shared office space in Sharjah Media City presents a cost-effective solution for investors. This not only helps in minimizing company setup and annual rent expenses but also offers a more secluded working environment compared to a shared desk. Additionally, it provides ample networking opportunities.
INCLUDED WITH FACILITIES
Facility | WiFi | Printer | Meeting Room | Access |
---|---|---|---|---|
Dedicated Desk | ||||
Shared Desk Desk | ||||
Dedicated Office | ||||
Shared Office |
SHAMS CREATIVE UNITS
The Creative Units at Shams aim to empower minds and ignite innovation among its residents. With efficient and ergonomic designs, these spaces offer a unique workplace for organizations and individuals seeking growth and development.
These facilities encompass stand-alone offices, office studios, showrooms, and vibrant community areas.
SHAMS PACKAGE DETAILS – SERVICES / CONSULTANCY / TRADING LICENSE
Sharjah Media City offers investors a wide range of business license packages for services, consultancy, and trading activities. These packages can be tailored to suit visa quotas and yearly licenses. By opting for a 2, 3, or 5-year license, investors can enjoy discounted rates on the total license package. Below, you’ll find detailed information on the license packages, including visa quotas and yearly license costs (discounted rates).
License Type | License Package Cost – Services / Consultancy / Trading | ||||||
---|---|---|---|---|---|---|---|
0 Visa Quota | 1 Visa Quota | 2 Visa Quota | 3 Visa Quota | 4 Visa Quota | 5 Visa Quota | 6 Visa Quota | |
1 Year (30% Discount on Visa Packages) | AED 8,050 | AED 11,743 | AED 12,863 | AED 13,983 | AED 15,103 | AED 16,223 | AED 17,343 |
Actual 1 Year License Costs | AED 11,500 | AED 16,775 | AED 18,375 | AED 19,975 | AED 21,575 | AED 23,175 | AED 24,775 |
2 Year License Packages (30% Discount) | NA | AED 23,485 | AED 25,725 | AED 27,965 | AED 30,205 | AED 32,445 | AED 34,685 |
3 Year License Packages (30% Discount) | NA | AED 35,228 | AED 38,588 | AED 41,948 | AED 45,308 | AED 48,668 | AED 52,028 |
5 Year License Packages (35% Discount) | NA | AED 54,519 | AED 59,719 | AED 64,919 | AED 70,119 | AED 75,719 | AED 80,519 |
Please note that the immigration card and facilities are not included in the visa-free package. However, if you opt for a visa package, you will have access to a shared desk facility.
IMMIGRATION CARD & VISA COST
Descriptions | Fee in AED |
---|---|
Immigration Card fee for 3 Years | 1,575 |
E-channel Registration | 2,525 |
Visa cost per visa valid for 2 years | 3,416 |
Medical (*Urgent) | 690 |
Additional allocation of visas | 1,680 |
* Additional AED 200 for VIP Medical Services.
TIME SPAN FOR ENTRY PERMIT & RESIDENCE VISA
Below, you will find the processing timelines for Entry Permit, Residence Visa, Entry Visa Cancellation, and Residence Visa Cancellation applications. This includes both normal and priority applications.
Transaction Types | Processing | Time Span |
---|---|---|
Entry Permit | Normal | 3 – 4 working days |
Priority | 1 working days | |
Residence Visa | Normal | 3 – 4 working days |
Priority | 1 working days | |
Residence Visa Cancellation – Investor/Partner/Employee | Normal | 3 – 4 working days |
Priority | 1-2 working days | |
Entry Visa Cancellation – Investor/Partner/Employee | Normal | 3 – 4 working days |
Priority | 1-2 working days | |
Resubmission – Entry Permit / Residence Visa / Cancellation | Normal | 3 – 4 working days |
Looking for a First-Class solution for your business in SHAMS?
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