Sharjah media city free zone, also known as “Sharjah Media City” is located at a convenient distance from the Sharjah International Airport and Dubai International Airport taking only five and fifteen minutes respectively.

sharjah media city free zone issues service, trade, and industrial licences. It welcomes more than 200 business operations, ranging from bookkeeping and auditing to publishing and retailing. Prices start at AED 11,500 the average business startup time is 5-7 days.

What is the Sharjah Media City Free Zone (SHAMS)?

Founded in February 2017, Shams, often referred to as sharjah media city free zone, aims to foster and assist media and creative enterprises. With cutting-edge resources and amenities, it hopes to establish itself as a premier media centre. For business people wishing to launch their endeavours in the United Arab Emirates, Shams offers an extensive range of business activities.

These days, Sharjah Media City Free Zone (Shams) has become popular with entrepreneurs in terms of location and therefore attracts many businessmen whose one agenda is to establish their business there for its good position, well-established infrastructure, and decency.

Companies prefer sharjah media city free zone-Shams primarily because of its location. Because it is situated between Dubai and the Northern Emirates, in Emirate Sharjah. Thanks to this perfect location companies get fast access not only to UAE’s main markets but also to the Middle East and North Africa (MENA) as well.

Sharjah media city free zone -Shams also provides excellent infrastructure and facilities for businesses, featuring modern office spaces, warehouses, and industrial units which extensively cater for different organisations. Besides this, high-speed internet, fortified telecommunications infrastructure coupled with other essential services necessary for a thriving business are among other amenities incorporated in the free zone.”

Sharjah media city free zone-SHAMS company formation

Regardless of where you are—in the United Arab Emirates or overseas—you may register your company entirely online in just one week.

The following documents must be submitted:

• Copies of passports 
• Phone number
• Send an email

The sharjah media city free zone permits business ownership by individuals as young as 19, with the youngest shareholder being allowed to be 19 years old. This is a fantastic perk not seen in any other free zone. Employees of the company can start working as young as 18, which is also highly uncommon compared to other Free Zones.

Since all of the company’s documentation is available in electronic format, you can print them from any location without worrying about misplacing the originals. The authenticity of the documents can always be confirmed via the sharjah media city free zoneSHAMS website.

How Does Sharjah Media City Benefit Your Business Setup?

Sharjah Media City Free Zone (Shams) is a free zone in the Emirate of Sharjah, one of the seven parts that form the United Arab Emirates (UAE). It has quickly turned into a most liked pick for business owners and companies wanting to start in the UAE.

Aside from the benefits of company registration in a Free Zone, such as full ownership, 100% profit repatriation, 0% income and corporation taxes, and a diverse range of activities, Shams Free Zone has several other characteristics that set it apart from other Sharjah Free Zones. Let’s discover benefits in detail:

Reasonable Licence Cost

In the past few days, licensing costs were an issue when it came to starting companies. Entrepreneurs have alternatives for making their business ideas work out. The Free Zone licence is reasonable for any potential business owner. A Free Zone licence cost is only reasonable for aspiring business owners. Sharjah Media City Free zone(Shams) offers cost-effective options for entrepreneurs who are looking to form their own company in Sharjah.

Easy and quick setup

Sharjah media city free zoneSHAMS zones are considered to be the gold standard for liberal legislation, even in cases when the rules and regulations are very rigorous. In the sharjah media city free zone-SHAMS Free Zone, obtaining official business approval is simpler. Very little paperwork is required of you. After filing for a business licence in SHAMS, all you need to do is wait three days.

The Location’s Advantage

The distance between Dubai Airport and Sharjah Airport is only 15 minutes and 5 minutes, respectively, from the free zone of Sharjah. This city is all it takes to be a prosperous business area with a carefully constructed road and subway system. Additionally, there is a robust transportation system in place for its hotels, plazas, creative units, and explicit residential boulevards.

Full Foreign Ownership

There are a number of benefits to setting up your own company in sharjah media city free zone, and on top of that is 100% foreign ownership. Consequently; any foreigner who has invested their money here is the sole owner of all assets used by his company. This merely means that you as a foreign investor can completely own your business without any requirement to have a local sponsor or partner.

Tax Advantages

The tax breaks are yet another important advantage of establishing sharjah media city free zone operating within the free zone are not subject to import or export duties, corporation or personal income taxes, or both. This may save your company a substantial amount of money.

Simplified Visa Application Process

Fast visa access is an unquestionable advantage of starting a business at sharjah media city free zone-Shams. It allows you to apply for investor visas without being restricted by age or requiring a down payment. Six visas can be obtained at a time using the shared desk function.

Business Formation Without Physical Presence

In the sharjah media city free zone, businesses can legitimately exist without having a physical presence. It enables the proprietors to run their company from any location. With the ability to choose the corporate directors and corporate managers of the company, businesses can benefit from all the features of an LLC.

Overview of the Registered Agent System

Sharjah media city free zone implements a successful registered agent scheme. To keep the point of contact open, investors can form their companies through registered agents. It works toward a decentralised organisation that provides accurate information support and prompt customer service.

Legal Conditions

In terms of firm formation, Sharjah media city free zone-SHAMS has many benefits. You must take into account certain legal requirements or limits.

Restricted Pursuit of Business

Licences for free zones are particular to the kinds of commercial operations that are allowed there. The breadth of commercial activities, however, can be limited by the sharjah media city free zone-SHAMS licence. It permits business ventures in the retail and wholesale, media, consulting, and services sectors. Obtaining new permissions or licences is necessary for businesses looking to expand.

Work Permits

Although the sharjah media city free zone Authority provides advantageous conditions, the amount of resident visas that can be granted to corporate personnel may be restricted. Therefore, you may need to increase your office space if you wish to hire more staff.

Starting up a business at sharjah media city free zone has numerous benefits to entrepreneurs and owners. This area provides tax exemptions and has simple registration steps which makes it an ideal location for any business to grow in. This is why SHAMS is among the best places within UAE for any company’s establishment due to its favourable location, modern facilities, and supportive services.

Written by

Arsal