Sharjah Media City Free Zone (SHAMS)

About Shams

As a world-class Free Zone hub for innovation, Shams sets the benchmark for service and support to those wishing to set-up and launch their business with specialized facilities for the creative and media industries.

Shams mission is to make creative entrepreneurship accessible to all aspiring startups, SMEs and established companies striving to grow their business both locally and globally. Shams is a dynamic initiative that makes a strong connection with the talented individuals it attracts. As a creative forward thinking community, Shams will inspire and shape Shams world and celebrate Shams many successes; both individually and as a group.

Shams offers smart innovative services, coupled with a holistic community-centered approach. Shams place great value on localized content, and actively encourage entrepreneurial talent from within this thriving community.

Why Shams

  • – Company setup options starting from Dhs. 11,500.
  • – Physical presence in the UAE not required to incorporate your new company
  • – No need of NOC to start your own company
  • – No paid up Share capital or Annual Audit
  • – 100% foreign ownership
  • – 100% repatriation of capital and profits
  • – 100% free transfer of funds
  • – 0% import and export duties
  • – 0% Corporate tax for 50 years
  • – All documentation issued in 2 days
  • – Inexpensive workforce and easy recruitment procedures
  • – Vast activities covering Services, trading and Industrial licenses with multiple visas

Activity Type 1: Services / Consultancy License starts with Dhs. 11,500 (No visa package)

Activity Type 2: General Trading License: Dhs. 16,500 (No Visa package)

Details Activity Rates Frequency
0 Visa* Activity Type 1 Dhs. 11,500 Annual
Activity Type 2 Dhs. 16,500
1 Visa Activity Type 1 Dhs. 16,600 Annual
Activity Type 2 Dhs. 21,600
2 Visa Activity Type 1 Dhs. 18,200 Annual
Activity Type 2 Dhs. 23,200
3 Visa Activity Type 1 Dhs. 19,800 Annual
Activity Type 2 Dhs. 24,800
4 Visa Activity Type 1 Dhs. 21,400 Annual
Activity Type 2 Dhs. 26,400
5 Visa Activity Type 1 Dhs. 23,000 Annual
Activity Type 2 Dhs. 28,000
6 Visa Activity Type 1 Dhs. 24,600 Annual
Activity Type 2 Dhs. 29,600

*Immigration Card and Facilities are not included in the no visa package.

External approvals will be charged separately

Shared desk facility is provided with visa packages

Additional allocation of visas will be Dhs. 1600 per visas

Immigration Card fee is Dhs. 500 per year

Visa cost is charged extra and is Dhs. 3500 per visa valid for 3 years (excluding medical and emirates id)

Documents required

  • – Color passport copies of the shareholders along with visa page or last ENTRY stamp of UAE
  • – The application form to be filled
  • – Authorized signatory form

License

Shams License is a permit that allows a company to operate within Shams, Sharjah Media City for specified activities . There are multiple types of license

Service License

Advantages –
It allows for production, re – production, transformation, and distribution of services . Service license includes rending services as primary objective and utilizing goods to render a service .

Trading License

Selling goods within Shams or importing and exporting of goods . Trade license includes movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods . Wholesaling and retailing are the final steps in the distribution of goods .

Trading License

Production, re – production, transformation and manufacturing of goods.