Sharjah Media City Free Zone shams

SHAMS Free Zone is located in Sharjah state, the nearest Emirate to Dubai and Ajman Free Zone. The Sharjah Media City Free Zone offers all types of activities investors demand to set up their businesses in Sharjah, UAE. The most famous activities include trading, professional services, holding, and other central and minor business activities. Sharjah Media City Free Zone SHAMS

Company registration can be done remotely in the Shams Media City Free Zone, whether you are available in the UAE or abroad. Shams takes one week. The requirements for Company Registration in the Shams Free Zone are also straightforward: a copy of the Passport plus personal details such as phone number, email, etc.

Shams Free Zone Company Formation for Youngest Shareholders

Also, Shams Free Zone offers business packages for the youngest age, who must be 19, investors or shareholders for company formation in Shams Free Zone. The company can also hire employees who are 18 years old, which is quite unusual compared to other UAE Free Zones. Sharjah Media City Free Zone SHAMS

sharjah media city freezone shams
Shams Free zone

Sharjah Media City Free Zone shams

The most flexible system in Shams is visa allocation. Companies are eligible for zero to 6 visa shams packages at very reasonable costs. Visa allocation can be upgraded anytime, even between parts of the year.

Shams Media Free Zone company renewal can be done entirely remotely. The authority does not require annual Audit reports. All the company documents are accessible electronically; you can print them out anywhere and do not have to worry about losing the originals. Want to verify your document? The online shams website provides an authentication system.

Sharjah Media City’s Free Zone License permits a company to operate within Shams Area, Sharjah Media City, for specified activities. There are multiple types of licenses found below:

SHAMS Free zone company formation allowed a facility

Sharjah Media City Free Zone (Shams) Trade License Activities:

Find below the Shams facilities that are allowed by the free zone.

1. Share Desk ( Flexi desk )

Shams Freezone Flexi Desk or Share Desk, is a common space shared by companies formed in Shams. The Flexi desk is a very famous option in UAE free zones nowadays.

2. Dedicated Desk

A dedicated desk in an assigned space from a free zone for individual entrepreneurs.

3. Shared Office

A shared desk or office is assigned space for individuals allowed by a free zone to run their business. It’s economical, provides flexible space and networking opportunities, and is ideal for every entrepreneur today. 

4. Dedicated Office

Shams’s dedicated office is a personal, lockable space that is allowed by Shams. It is a custom space per customer requirements, like a single desk space and a group of desks, with a private working environment like the mainland area. It’s personal office space. 

Shams Company Formation Activities List: The media sector is the main activity in the Shams Sharjah free zone. It also has a broad activity list, found below

  • Trading
  • Professional Services
  • Holding and other related types 
  • Social Media influencer

The free zone has more than 120 activities. Customers can add multiple activities to combine in one license. SHAMS free zone company has all the business activities in the United Arab Emirates.

shams free zone flexi desk packages

Company Formation in Sharjah Media City Free Zone (SHAMS) Benefits/ Advantages

  • Company setup options starting from (Dhs. 5750)
  • 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
  • 0% corporate or personal income tax
  • A physical presence in the UAE is not required to incorporate your new company.
  • There is no need for NOC to start your own company
  • No paid-up Share Capital or Annual Audit
  • The quick and simple online registration process
  • Shams do not require deposits
  • Inexpensive workforce and easy recruitment procedures
  • Vast activities covering Services, trading, and Industrial licenses with multiple visas
  • All documentation issued in 3 to 4 days

Trading License Advantages

They are selling goods within Shams or importing and exporting goods. A trade license includes the import and export of goods, the wholesale and retail sale of goods, and the rendering of services related to the sale of these goods. Wholesale and retailing are the final steps in the distribution of goods. Trading Licenses can Produce, re-produce, transform, and manufacture goods.

Service License Advantages

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

Industrial License
An industrial license allows for the production, reproduction, transformation, and manufacturing of goods.

Holding License:
Holding license permits stands, assets, and share stakes in other companies. you require a holding company for the purpose of controlling other companies, patents, real estate, trademarks, stock, and other assets.

SHAMS Sharjah Media City is an affordable free zone. The Shams free zone business setup fees start at 5,750 AED for a zero visa package. If customers need to get a visa from your company, you need to rent a Flexi-desk and pay for the visa quota allocation of 1600 AED.

Package Details – Services / Consultancy and General Trading License
Sharjah Media City Freezone Visa Quota and License package cost.

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)

New & Renewal Fee in AED

New & Renewal Fee in AED

Visa Quota Services/Consultancy License General Trading License
0 Visa 11500 16500
1 Visa 16600 21600
2 Visa 18200 23200
3 Visa 19800 24800
4 Visa 21400 26400
5 Visa 23000 28000
6 Visa 24600 29600

New & Renewal Fee in AED

 
Type of license Cost for Sharjah Media City Free Zone AED
E-commerce license with zero visa quota 5,750
E-commerce license with 1 visa quota 9,425
Media license with zero visa quota 5,750
Media license with 1 visa quota 9,425
Trading or service license with zero visa quota 11,500
Trading or service license with 1 visa quota 13,420

Shams Free zone Immigration Card & Visa Cost

Descriptions Fee AED
Immigration Card (3 Years) Cost 1,500
Investor / Partner Visa cost (3 years) 3,500
Medical Fee + Emirates id Cost 637 + 370
Employee Visa cost (3 years) 3080
Medical Fee + Emirates id Cost 637 + 370
Additional allocation of visas 1,600
Shams Free zone Immigration Card Visa Cost

All Shams visas are valid for 3 years.

When you apply for a resident visa under the SHAMS free zone license, you must need to get health insurance or sign an undertaking letter that you intend to do within the next 10 months from insurance companies.

Ajman Business Setup is a certified Agent for Company Formation in Shams (Sharjah Media City Freezone Authority), and we can assist the Setup Company without any hassle to the investors. Due to the new Freezone, Shams designed many business setup packages for UAE business people and Worldwide demand. Sharjah Mainland Business Setup Services are also available with Mehar Business Solutions

Shams Free zone Immigration Card & Visa Cost

  • Renewal fees are the same as setup fees paid in the first year. An audit report is not required at renewal time.
  • Company renewal will be done remotely. The process is very easy; customers can get renewals by themselves or hire an authorized PRO business consultant.
  • Company renewal must be renewed if you want to continue your business or use a Shams visa. If you don’t renew, a fine and penalties will start automatically. The first month’s fine is 1100 AED, and 100 AED will be applied every month.

Sharjah Media City Company Amendments

Sharjah Media City’s process is straightforward, with authorized agents for shams. The cost will be charged at 2000 AED, and there is no need for a personal presence for amendments. At company renewal time, second-year amendments are free.

SHARJAH MEDIA CITY COMPANY LIQUIDATION

Liquidation of a company in Sharjah Media City Free Zone authority takes  3 weeks after submitting documents. We take care of the liquidation process on behalf of the client and complete all required processes.

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