Sharjah Media City (SHAMS) Free Zone License
Price Starting from
AED 6,885*
- 100% Foreign Ownership
- Cost-Effective Business Setup
- Allocation of Up to 12 Visas on a Shared Desk Facility
- Wide Range of Business Activities
Business Setup in Sharjah Media City (SHAMS)
About Sharjah Media City (SHAMS)
Sharjah Media City (SHAMS) is one of the UAE's fastest-growing Free Zones, established in 2017 to promote innovation and entrepreneurship in the media and creative sectors.
SHAMS offers a flexible business environment with over 120 business activities, focusing mainly on media, IT, and innovative services. It allows for 100% foreign ownership, so entrepreneurs worldwide can set up their businesses without needing a local partner.
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Benefits of SHAMS Free Zone License
When considering a business setup in Sharjah, the SHAMS Free Zone is a versatile and attractive choice. SHAMS offers a range of advantages that cater to entrepreneurs and established businesses alike.
Below are the key benefits of obtaining a SHAMS Free Zone license, providing insights into how it can support your business growth and success.
100% Foreign Ownership
Low Business Setup Cost
100% Repatriation of Capital and Profits
Zero Import and Export Duties
Prime Location to International Airport
Flexible Visa Packages
No Physical Presence Required for Incorporation
No Paid-Up Share Capital or Annual Audit
Company Formation in Sharjah Media City (SHAMS)
Sharjah Media City Business Structures
Whether you are looking to establish a new business or expand an existing one, SHAMS Free Zone provides a range of setup options that can be customized to suit your objectives.
A Limited Liability Company is the most common business structure in SHAMS, offering liability protection and flexibility by separating the owners and shareholders from the company as an independent entity.
Advantages of SHAMS LLC:
- Multiple Shareholders
- Shareholders can be an individual or a corporate entity
- AED 100,000/- Share Capital
- No Annual Audit
- Regulated under Free Zone Authority
Local companies can expand their operations by establishing a branch in SHAMS, taking advantage of the free zone's benefits.
Advantages of SHAMS Branch Office:
- An expansion of the Parent Company.
- No minimum Capital is Required.
- No Audit Report
Existing companies outside the UAE can set up a branch in SHAMS, enabling them to operate in the UAE while remaining connected to their parent company.
License Options for SHAMS
Categories of Business License in Sharjah Media City (SHAMS)
SHAMS offers a range of business licenses tailored to different sectors and activities, including:
This license allows the holder to carry out service-oriented business tasks such as consulting, marketing, or IT services.
Media license is tailored for businesses involved in creative and media activities, including advertising, production, publishing, and digital media.
This license type allows businesses to engage in the bulk trading of goods, either by exporting or distributing them within the UAE and globally.
Required Documents for Company Formation
Requirements for SHAMS Business License
Obtaining a SHAMS Free Zone license presents a multitude of opportunities for businesses seeking growth and efficiency in the UAE. Positioned as a hub for innovation and creativity, SHAMS is tailored to accommodate the dynamic needs of various industries.
Below is an overview of the distinct advantages that come with a SHAMS Free Zone license, offering insights into how it can drive your business forward in a competitive market.
Required Documents
Individual Shareholder
- Passport Copy
- Visa Copy
- Latest UAE entry stamp
- Emirates ID Copy (Front and Back)
- Passport Size Photos
- 3 Proposed Company Names (If Applicable)
Required Documents
Corporate Shareholder
- Company Hierarchy Diagram
- Certificate of Incorporation
- Certificate of Incumbency / Good standing
- Share Certificate / Share Registry Certificate
- Passports of the Directors and Shareholders
- Business Plan
- Memorandum of Association and/or Articles of Association
- Board Resolution
How to Start a Business in Sharjah Media City
Steps for Setting Up a Business in SHAMS Free Zone
To set up a company in Sharjah Media City (SHAMS), you must obtain a license from the Sharjah Media City Free Zone Authority.
For the most accurate and up-to-date information, it's advisable to consult directly with EZONE Business Setup Consultants.
Determine a Business Structure
Identify the company's legal form you want registered in SHAMS.
Select a Business Activity
Identify the nature of your business and select from the diverse range of activities offered by SHAMS.
Apply for Business Name
Select a name for your business that complies with SHAMS' naming conventions.
Submit Application & Documents
Prepare and submit the necessary documents, including passport copies of shareholders, a business plan, and the application form.
Pay Fee
Once your application is approved, you pay all relevant license and setup fees. EZONE offers a variety of setup packages to suit your specific business needs.
Receive License
After payment confirmation and document approval, you will receive your license and can legally operate.