Business Setup in SHAMS Free Zone | Sharjah Media City
SHAMS Free Zone, also known as Sharjah Media City is one of the fastest-growing free zones in the UAE, offering plenty of opportunities for investors all over the world.
Launched in 2017, SHAMS Media Hub is a bustling commercial area for media businesses, global production houses, content creators, and entrepreneurs. The free zone swells with business activity, contributing a major chunk of the Sharjah Emirate economy.
Setting up a business in SHAMS provides a host of advantages, making it an attractive destination for media and creative enterprises. With its strategic location, business-friendly policies, and robust infrastructure, SHAMS is the ideal platform for you if you are looking to make your mark in the UAE’s vibrant market.
What is Sharjah Media City (SHAMS) Free Zone?
SHAMS is a free zone located near Sharjah International Airport and Dubai International Airport. The free zone is home to over 200 business activities, that are not limited to the media industry.
The free zone is designed to become a media hub for Sharjah in the coming years. SHAMS empowers entrepreneurs, SMEs, startups, freelancers, and companies with cost-effective business solutions and a comprehensive set of services.
Benefits of Setting Up a Company in SHAMS Free Zone
- 100% foreign ownership
- 100% repatriation of capital
- 0% tax on income
- More than 200+ business activities
- Simple business setup
- No VAT
- No duties on exports/ imports
- A wide range of facilities
- Quick visa process
- Various business licenses
- Strategic location
- Global connectivity
SHAMS Free Zone License Types
The SHAMS Free Zone Authority offers various types of licenses to accommodate different business needs:
- Service License: For businesses providing media-related services such as consultancy, marketing, and event management.
- Trading License: For companies involved in the trading of media-related products.
- Industrial License: For businesses engaged in the manufacturing and production of media-related goods.
- Freelance Permit: Allows individuals to operate as freelancers in specific media fields.
- E-commerce License: Allows individuals to set up their e-commerce stores in SHAMS, without the need for a physical office.
Business Activities Allowed in SHAMS Free Zone
SHAMS Free Zone permits a wide array of business activities, including but not limited to:
- Advertising and marketing
- Media production (film, TV, radio)
- Publishing (print and digital)
- Web design and development
- Event management
- Public relations
- Graphic design
- Animation and gaming
- Media consultancy
- Retail
- General Trading
- Hospitality and Food
Types of Business Structures in SHAMS Free Zone
There are three types of business structures allowed by the SHAMS Free Zone Authority:
- Sharjah Media City Free Zone Limited Liability Company (SHAMS LLC): A limited liability company with one or more shareholders.
- Branch of a Foreign Company: Allows an existing foreign company to open a branch in the Sharjah Media City Free Zone.
- Branch of a UAE Company: Allows a UAE company to open its branch in the SHAMS.
- Freelancer: Individuals can register as freelancers and operate under their own name.
How to Setup a Business in SHAMS Free Zone [Steps]
Follow these steps to get started with company formation in SHAMS:
Choose Your Business Activity
Select a business activity that your company will focus on. There are more than 200+ options to choose from.
Select a Trade Name and Legal Structure
Choose and reserve a trade name for your business. Decide on the legal structure of your business. It will determine the type of license you need.
Lease Office Space
Figure out the kind of office you require for your business. SHAMS offers various facilities, including bespoke offices, warehouses, production sites, and more.
Apply for SHAMS License
Submit your business plan, documents, and application to SHAMS Free Zone Authority for initial approval and license.
Open a Bank Account and Pay Fees
Open a corporate bank account and pay the required license fee to the free zone authority. The fee depends on the type of business you want to set up.
Obtain Your License
Once all the requirements are met, you will receive your business license. You can now begin your business operations in SHAMS.
Solutions FZCO – Your One-Stop-Solution for SHAMS Business Formation
Ready to establish your business in SHAMS Free Zone? Solutions FZCO is here to guide you through every step of the setup process. Our team of experts provides comprehensive support, from initial consultation to final setup, ensuring a smooth and hassle-free experience.
Leverage our local contacts with the authorities to speed up your company registration process, and expedite your business licenses.
Contact us today for a free consultation, or if it’s just friendly advice.
