Choosing the right environment for your business can make a great impact when embarking on an entrepreneurial journey. Sharjah Media City (SHAMS) Free Zone, strategically located in the heart of the United Arab Emirates, presents a dynamic and innovative platform for media and creative professionals eager to bring their business ideas to life in the UAE.
Business Setup in SHAMS freezone offers an easy setup process for foreign investors seeking to establish a presence in the UAE.
To start, let’s dive into how you can start a business in Sharjah Media City.
The Advantages of Business Setup in Sharjah Media City Free Zone
- Low-cost business setup fee
- Multiple business activities in a single license
- 100% foreign business ownership.
- 100% repatriation of capital investment
- Favorable tax policies
- No currency restriction on foreign exchange
- 100% exemption of customs duties
- simplified business setup process.
Types of Business Activities in SHAMS Free Zone
The business activities offered by SHAMS are not limited to the media sector alone. SHAMS offers a wider range of business activities ranging from:
- Media
- Wholesale & Retail
- Services & Consultancy
Our business setup advisors in UAE can assist you in getting the type of business license in Sharjah Media City freezone or anywhere in the UAE suitable for your business needs.
Types of Company Structures in SHAMS Freezone:
- SHAMS FZ LLC Company Formation
- SHAMS Branch Office Company Formation
Types of Business Licenses in SHAMS Free Zone:
SHAMS Freezone offers the following business licenses:
- Service License
- Industrial License
- Trading License
- Holding License
Also Read: Types of business license in UAE.
Procedure for Company Formation in SHAMS Free Zone
- Select the right business license related to your business activity.
- Choose a Unique company name and obtain a trade name certificate from the Dubai Department of Economy and Tourism (DET)
- Compile all required documents
- Submit your application
- Obtain Initial approval from all relevant authorities
- Pay for the business license and any additional fees
- Apply for visas for yourself and your employees
- Open a business bank account in the UAE.
Documents Required for SHAMS business Setup
With the assistance of an expert business setup consultant in UAE, you can set up your business in the SHAMS free zone anywhere. This means you do not need to be in the UAE to obtain a business license in the Sharjah Media City free zone. Below are some of the documents you will need to register your business in SHAMS.
- Completed Application Form
- Passport Copies of Shareholders and Directors
- Comprehensive Business Plan
- No Objection Certificate (NOC), if applicable
- Proof of Address
- Passport-Sized Photographs
How In Touch With CBS
Corporate Business Services (CBS) is an ISO 9001:2015 certified business setup consultancy firm in Dubai since 2007.
We are an Emirati-owned company and a proud subsidiary of The Corporate Group, offering premium and 360 business consultancy services in the UAE and the entire GCC region.
Our expert business advisors in Dubai can assist you with all the necessary paperwork and processes related to starting a business in SHAMES Freezone, from guiding you in obtaining your business license to acquiring visas and opening a business bank account in the UAE.