Sharjah Media City, also known as SHAMS Free Zone, is situated in Sharjah, which is the Emirate closest to Dubai. Setting up a company in SHAMS is a modern approach to establishing businesses in the UAE.
SHAMS offers various office options within its free zone, with the flexi-desk not included in the standard setup package. It is advisable to include it to ensure compliance with banking requirements. Sharjah Media City (SHAMS) provides the following office facilities:
It's referred to as the Media Free Zone, but it's not limited solely to media-related operations. In reality, the range of activities it encompasses is quite extensive and comprises:
In total, there are over 120 different activities available, and you have the flexibility to combine multiple activities under a single license. SHAMS free zone company setup can accommodate companies engaged in a wide array of business activities, making it a versatile choice
You can complete the company registration process entirely online, regardless of whether you are located in the UAE or overseas. Your company can be officially registered within just one week. The necessary documentation includes:
One unique advantage of Sharjah Media City free zone is that it permits individuals as young as 19 to become company shareholders, a benefit not found in any other Free Zones. Moreover, the minimum age for company employees is 18, which sets it apart from other Free Zones as well.
All company documents are stored electronically, and you can easily print them from any location, eliminating concerns about losing the original copies. Additionally, these documents can always be verified on the SHAMS website to ensure their authenticity.
SHAMS Sharjah Media City offers a cost-effective free zone solution. To obtain a visa for your company, you are required to lease a flexi-desk and cover the visa allocation costs.
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SHAMS offers an exceptionally adaptable visa allocation system, allowing companies to qualify for anywhere from zero to six visas. Alternatively, you can also explore the option of obtaining multiple visa slots through the Hamriyah Free Zone visa program. Furthermore, it's worth noting that you have the flexibility to upgrade your package at any point in time.
Each visa has a duration of three years. If you are seeking a resident visa through the SHAMS free zone license, you are required to either obtain health insurance or commit to obtaining it within the next 10 months during the application process.
Renewing your company, much like the initial setup, can be accomplished remotely. There is no need to submit audit reports to the regulatory authority. The renewal fees match the setup fees, and audit reports are not obligatory.
If you do not renew the company on time, monthly penalties will begin to accrue. After the first month, the penalty is 1,100 AED. Subsequent months will incur a charge of 100 AED each.
SHAMS Free Zone is a business hub located in Sharjah, close to Dubai, providing a modern approach to establishing companies in the UAE.
SHAMS offers various office facilities, including shared desk (flexi-desk), dedicated desk, shared office, and dedicated office.
SHAMS accommodates over 120 different activities, including trading, professional services, holding, social media influencing, and more. Multiple activities can be combined under a single license.
Versatile visa options, unique business activities, cost-effective registration, engagement in general trading and E-commerce with zero visa requirements, and no mandatory annual audits are some of the advantages.
Shareholders can be as young as 19, and employees can be as young as 18, making it unique among Free Zones.
Yes, the company registration process in SHAMS Free Zone can be completed entirely online, and documents can be stored electronically.
A copy of your passport, phone number, and email address are the necessary documentation for company registration.
SHAMS offers a cost-effective solution, and the license cost includes leasing a flexi-desk and covering visa allocation costs.
SHAMS offers a flexible visa allocation system, allowing companies to qualify for zero to six visas. Each visa has a duration of three years.