SHAMS

Sharjah media city free zone

Sharjah Media City is situated in the Emirate of Sharjah, the cultural capital of the United Arab Emirates.  Shams was launch with a vision to be a world-class hub for media and creativity in the region.

Sharjah Media Free Zone
Sharjah Media Free Zone

The free zone issues licenses to companies, freelancers, and entrepreneurs working in the media, technology, and creative industries. We offer professional Shams company setup services. Shams is a creative initiative that makes a connection with the talented individuals. Shams provide smart innovative services, coupled with a holistic community-centered approach. Sharjah Media Free Zone provide a safe and progressive environment for company formation and business setup, offering foreign investors benefits, such as zero corporate, import, and export taxes, in addition to other advantages. Also UAE is well-known the world over as a trading hub, boasting a large non-oil sector that contributes to nearly 70% of the GDP – 45% of which is contributed by Sharjah’s trading activities.

At EXPEDITEZONE LLC Dubai, we provide personalized support, and management services to our clients who want to incorporate in Sharjah Media City or other free zones around the UAE. Our approach to consultancy in inception, licensing, creating an ideal corporate structure and more can help you take the right steps in business in UAE.

Why to setup business in SHAMS?

Specifically, Sharjah Media City is one of the newest free zone in United Arab Emirates, focusing on media related license. Moreover, Shams has a perfect strategic location, with just 20 minutes from Dubai International Airport and only 5 minutes from Sharjah Airport.

Sharjah Media City free zone gives a lot of opportunities in different categories of business and issuing trade licenses to companies, freelancers and entrepreneurs in the industries of technology and media as well as other creative industries.

Sharjah Media City Free Zone was started in the year 2017 to act as a promoter for creative and media businesses to grow and thrive. So with the aim to be a world-class media hub for innovative facilities and services,  Shams provide a wide range of business activities available for those wishing to start on their entrepreneurial journey in the UAE.

Our vision is to be a world-class hub for media and creativity in the region. Our mission is to make creative entrepreneurship accessible and inspire business growth. We foster a vibrant and connected ecosystem for innovators to live, learn and co-create.

Service license

The free zone offers production, re-production and distribution of services. The Service license includes rendering services as a main objective and using goods to provide them. World class infrastructure allows you to set up your company starting from AED 11,500. Your Company would be register only in 2-3 days.

Moreover, we will provide you full assistance in PRO services and represent your company in government authorities. We will also help you to open a bank account and provide you exclusive contacts in the best banks in UAE. By choosing the minimum package of flexi desk you will be able to get up to 6 visas for the best price. Moreover, no deposit is require to establish your company with SHAMS and no need even for your physical presence in the UAE. Our expert will establish your company fast and within the specified budget.

  • Minimum cost without visa is AED 11,500
  • Wide choice of different business activities
  • Possibility of obtaining 6 visas for shared desk option
  • No age restrictions for investor visas
  • No need for Physical presence in the UAE to set up your company
  • You could appoint Corporate Directors and Corporate Managers for your enterprise
  • The most simple and quick online process of registration
  • You will get your company documents within few days only
  • Companies will be limited in liability
  • Ideal location within 20 minutes from Dubai International Airportand 10 minutes from Sharjah Airport
  • 100% foreign ownership in Sharjah Free Zone
  • 100% duty exemption for import and export of all goods
  • Complete exemption from all commercial deductibles by the state government
  • 100% repatriation on capital invested and profits gained
  • Service license – allowing you to produce, re-produce, make transformation, and distribute different kind of services. Service license includes rendering services as a primary objective and utilising goods to render a service. Such a license enable you for production, re-production, transformation and distribution of services. Service license includes rendering services as a primary objective and utilising goods to provide them i.e. restaurants, media productions, etc.
  • Industrial license – You could open the business which is involved in production, re-production, transformation and manufacturing of goods.
  • Trading license – Selling goods inside Shams free zone or import and export the goods. The trade license is including: movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods.
    Holding Company License: Such a license allows holding assets and stakes in other companies.
  • Holding company license is the best option for the purpose of controlling other companies, property such as real estate, patents, trademarks, stock and other assets.

 

The Multi-Year License Package from Sharjah Media City is an ideal choice for investors looking at a long-term plan. Also, the Multi-Year License Package is also beneficial for investors who would like to avoid the hassles of yearly payment for renewal of company license.

Additionally, the 2,3 & 5 Year business licenses packages will enable clients to pay a one-time amount for the specific timeline and get the company license auto-renewed for the period.

New license with zero visa eligibility will cost AED 11,000/- only.

One Visa eligibility license will cost AED 16,000/- only.

Two visa eligibility business license will cost AED 18,000 only.

Three visa eligibility will cost AED 19,500/- only

Four Visa eligibility license will cost AED 21,000 only and business license with six visa quota will cost AED 24,000/-

  • immigration Card 3 years cost AED 1500/-
  • Visa Cost 3 years AED 3,500/-
  • Emirates ID 3 years AED 370/-
  • Medical Urgent AED 465/-
  • Additional allocation of visa AED 1,600/-
  • Entry Visa (Normal) 3-4 working days
  • Entry Visa (Priority) 1 working day
  • Residence Visa (Normal) 3-4 working days
  • Residence Visa (Priority) 1 working day
  • Visa Cancellation (Normal) – Investor/Partner 3-4 working days
  • Residence Visa Cancellation (Priority) – Investor/Partner 1-2 working days

Shams provide smart innovative services for aspiring startups and SMEs, as well as established companies or corporations. Started as a world-class business hub for modern services for those who wish to set up their business within specialized facilities in the media and creative industry, Shams strives as a dynamic initiative, a forward-thinking and holistic community with the aim of making creative entrepreneurship accessible to all.

As a global business hub for innovation, Shams free zone sets the benchmark for service and support to those wishing to set up and launch their business with specialised facilities for the creative and media industries.

Shams will offer smart innovative services, coupled with a holistic community-centered approach, placing great value on localized content and actively encouraging entrepreneurial talent from within a continuously thriving community.

Shams’ mission is to make creative entrepreneurship accessible to all aspiring investors, SMEs and established companies striving to grow their business both locally and globally. This is a creative free zone that facilitate a strong connection with the talented individuals.

Shams free zone also offers a wide range of facilities for investors:

  • Company setup options starting from AED 11,500
  • Number of business activities available on the same business license
  • NOC is not required to start your own company
  • No paid-up Share Capital or Annual Audit
  • All company documents issued within 2 days
  • 100% foreign ownership permitted
  • Shareholders are not required to be physically present in the UAE to incorporate a new company
  • Companies will have limited liability
  • Ability to appoint Corporate Directors as well as Corporate Managers for your company
  • 100% repatriation of capital and profits
  • 100% free transfer of funds.
  • 0% corporate or personal income tax for 50 years
  • 0% import and export duties.
  • A quick and simple online registration process
  • Deposits are not required by Shams
  • Inexpensive workforce and easy recruitment procedures.
  • Up to 6 visas quota on a shared desk office
  • Located 5 minutes from Sharjah International Airport and 15 minutes from Dubai International Airport

Who Can Register For VAT?

All the business establishments whether located in free zone or outside free zone should register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000 within last 12 months or it is expected that the total value of taxable supplies exceed AED 375,000 in the next thirty 30 days.

Thus, a tax registration number (TRN) would be issued to business establishment by the Federal Tax Authority upon registration.

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