SHAMS company formation: 7 Important Reasons To Incorporate Your Business at Free Zone 

1. Affordability in Establishment 

Sharjah isn’t that expensive if you wish to establish a business. It’s even more affordable than the regions of Dubai. In Shams, you can set up a company with a starting annual license fee of AED 11,500. Just like other free zones, even in SHAMS, you have the following perks:

1. Foreign Ownership Permissions

2. Full Repatriation of Capitals and Profits

3. Liberty from custom duty 

4. Zero personal or corporate tax

2. Fast and Hassle-Free Registration Process 

When the rules and regulations are comparatively strict, SHAMS zones are setting a benchmark in terms of liberal laws. Getting business approval from authorities is easier in SHAMS Free Zone. You don’t have to do too much paperwork. 

Kudos to the digitalization of the process. Just wait for three days after applying for a business license in SHAMS are you’re done. 

3. Favourability of Location 

The free zone of Sharjah is just 15 minutes away from Dubai Airport and 5 minutes away from Sharjah Airport. This city is a complete package of a rich commercial zone with a well-planned network of roads and metro. Moreover, its explicit residential boulevards, creative units, hotels, and plazas have a strong transportation network. 

4. Lesser Time Involved In Installation 

Forming a company in Sharjah Media city takes lesser than a week. While all the documentation and paperwork were completed within a time span of 2 days. The entire team of TVG consultancy ensures the completion of the remaining process including the Visa stamping and Immigration card formalities in a month. Additionally, they recruit the workforce for you without the requirement of contract attestation from the Ministry of Labor. 

Also Read: 6 Reasons Why Dubai Mainland Business Incorporation Is A Win-Win Game 

5. Easier Visa Process 

One unignorable benefit of establishing a business in Shams Media city is quick visa access. It gives you the freedom to acquire investor visas without any age restriction or payment deposit. The limit is up to six visas through the facility of the shared desk. 

6. Business Formation Benefits Without Any Physical Presence  

Companies do not need any physical presence for the legitimization of their existence in the Shams free zone. It lets the owners operate their business from anywhere. Companies can enjoy all the advantages of LLC with the power to appoint the corporate directors and corporate managers in the firm. 

7. Introduction To A Registered Agent System 

Shams free zones introduce an effective registered agent system. As an investor, you can incorporate your company through a registered agent for the purpose to maintain the point of contact. It contributes toward a decentralized structure that offers quick customer service and valid information support.