SHAMS Free zone is located in Sharjah state, Most nearest Emirate to Dubai and Ajman Free Zone, Its name is the Sharjah Media City Free Zone. Offer all types of Activities as demanded by investors for setting up their business in Sharjah, UAE. Most of the Famous activities are included trading, professional services, holding, and other major and minor business activities.
Company registration can be done fully remotely in Shams Media City Free Zone, no matter if you are available in UAE or Outside/abroad, Shams take one week’s time Company Registration in Shams Free Zone, requirements also very simple like Passport copy plus some personal details such a phone number and email, etc.
Shams Company Formation for youngest age shareholders.
Also, Shams Free Zone offers business packages for youngest age must be the age of 19, investor or shareholders for company formation in Shams freezone. The company also can hire employees as 18 years old, which is also quite unusual in comparison to other UAE Free Zones.
Most Flexible system in Shams for visas allocation. Company eligible from zero visas to 6 visas shams visa packages for very reasonable costs. And visa allocation can be upgrade package at any time even between any parts of the year.
Shams Media Free Zone company renewal can be done completely remotely. Annual Audit reports are not required by the authority. All the documents of the companies are totally accessible electronically; you can print them out anywhere and may not worry about losing the originals. Want to verify your document through the online shams website provides an authentication system.
Sharjah Media City Free Zone License is a permit that allows a company to operate within Shams Area, Sharjah Media City for specified activities. There are multiple types of license find below:
SHAMS Free zone company formation allowed a facility
Sharjah Media City Free Zone (Shams) Trade License Activities:
Find below Shams facilities allowed by 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 shams free zone for individuals entrepreneurs.
3. Shared Office
A shared desk or office is assigned space for individuals allowed by shams free zone to run their business. It’s very economic and provides flexible space and networking opportunities, it’s ideal for every entrepreneur today.
4. Dedicated Office
Shams dedicated office is a personal lockable office space allowed by shams, its custom space as per customer requirement, like single desk space and a group of desks, with a private working environment same as the mainland area. its own personal office space.
Shams Company Formation Activities List, The media sector is the main activity in shams Sharjah free zone, also shams have a broad activity list find below
- 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 setup has all business activities in the United Arab Emirates.
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
- Physical presence in the UAE is not required for incorporating your new company
- No need for NOC to start your own company
- No paid-up Share Capital or Annual Audit
- The quick and simple online registration process
- Deposits are not required by Shams
- 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
Selling goods within Shams or importing and exporting goods. Trade license includes the import and export 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 can Production, reproduction, transformation, and manufacturing goods.
Service License Advantages
It allows for production, reproduction, transformation, and distribution of services. Service license includes rending services as a primary objective and utilizing goods to render a service
An industrial license allows for the production, reproduction, transformation, and manufacturing of goods.
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.
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
|Type of license Cost for Sharjah media city free zone||AED|
|E-commerce license with zero visas quota||5,750|
|E-commerce license with 1 visa quota||9,425|
|Media license with zero visas quota||5,750|
|Media license with 1 visa quota||9,425|
|Trading or service license with zero visas quota||11,500|
|Trading or service license with 1 visa quota||13,420|
|Visa Quota||Services/ Consultancy License||General Trading License|
Shams Free zone Immigration Card & Visa Cost
|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|
Ajman Business Setup is a certified Agent for Company Formation in Shams (Sharjah Media City Freezone Authority) and we can assist for Setup Company without any hassle to the investors. Due to new Freezone Shams designed many business setup packages as per UAE business-men and Worldwide demanded.
Shams Sharjah Media City Company Renewal
Renewal fees are the same as setup fees paid in the first year. Audit report not required on renewal time.
company renewal will be done remotely. The process is very easily customers can renewal by himself or hire an Authorize PRO business consultant.
Company renewal must need to renew if you want to continue your business or use shams visa, If you don’t renew then Fine, penalties will start automatically. The first month fine is 1100 AED after every month is 100 AED cost will be applied each month.
Sharjah Media City Company Amendments
Sharjah media city process is very simple with authorized agents for shams. The cost will be charge2000 AED almost, and no need for a personal presence for amendments. on company renewal time 2nd 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 process.