Sharjah Media City (SHAMS) Free Zone Company Formation

Sharjah Media City (SHAMS) is a free zone located in Sharjah, United Arab Emirates, offering a cost-effective and flexible environment for businesses in the media and creative industries.

100% foreign ownership

Residence Visas

Bank Assistance

About SHAMS

Launched in early 2017, Sharjah Media City (SHAMS) is a relatively new free zone targeting media startups. Not only is Sharjah the third largest emirate, but it also borders Dubai, giving businesses the desired proximity whilst catering to budget-conscious setups making it a sough-after location. SHAMS caters to businesses of all sizes, from small startups to corporate giants.

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Key benefits of setting up a company in SHAMS:

100% Foreign Ownership: You can have complete control over your business without the need for a local sponsor.
Tax Benefits: Enjoy tax exemptions on both corporate and personal income.
Easy Company Setup: SHAMS offers streamlined processes and efficient services for company formation.
Strategic Location: Located near Sharjah International Airport, SHAMS provides easy access to regional and international markets.
Flexible Licensing: Choose from a variety of license options to suit your business needs, including media licenses, e-commerce licenses, and general trading licenses.
Visa Options: Obtain residence visas for yourself and your employees, allowing you to live and work in the UAE.
Affordable Packages: SHAMS offers competitive pricing for company formation and licensing, making it an attractive option for startups and SMEs.

Company Formation Process in SHAMS:

Choose a Business Activity: Select the primary activity for your company from the list of approved activities offered by SHAMS.
Choose a Legal Structure: Decide on the appropriate legal structure for your business, such as a limited liability company (LLC) or a branch office.
Document Preparation: Prepare the necessary documents, including passport copies, visa copies, and proof of address.
Submit Application: Submit the completed application form and required documents to SHAMS.
Office Space: Choose an office space or virtual office option to meet your business needs.
License Issuance: Once your application is approved, SHAMS will issue your trade license.

Additional Tips for Setting Up a Company in SHAMS:

Plan Your Budget: Research the costs associated with company formation, licensing, and office space to create a realistic budget.
Understand the Visa Regulations: Familiarize yourself with the visa policies and requirements to ensure smooth immigration processes.
Comply with Local Laws and Regulations: Adhere to the UAE's labor laws, tax regulations, and other legal frameworks to avoid penalties.

By following these guidelines and leveraging the advantages offered by SHAMS, you can successfully establish your business in the UAE and tap into the region's thriving economy.