SHARJAH MEDIA CITY FREE ZONE

Shams offers smart innovative services for aspiring startups and SMEs, as well as established companies or corporations. Launched as a world-class hub for modern services for those who wish to setup their business within specialized facilities in the media and creative industry, Shams strived as a dynamic initiative, a forward-thinking and holistic community with the aim of making creative entrepreneurship accessible to all.
Type of licenses:
Service License:

  • Provides services, i.e. non-goods
  • Provides services as a primary objective while using goods, i.e. restaurants, media productions, etc.
  • Production

Trading License: Selling goods within Shams or importing and exporting of goods: movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods.

Industrial License: Production, re-production, transformation and manufacturing of goods.

Business facilities in 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.

Documents required to open a business under Shams:
Individual Shareholder:

  • Color passport copies of the shareholders along with visa page or last ENTRY stamp of UAE.
  • Authorized signatory form.
  • Other routine documentation viz. application forms, specimen signatures etc.

Corporate Shareholder:

  • Corporate KYC duly attested from the UAE Embassy.
  • Board Resolution calling for the establishment of the entity.
  • Other routine documentation viz. application forms, specimen signatures etc.

Branch:

  • Application for registration.
  • Board Resolution calling for the establishment of a branch.
  • Corporate Documents of the Parent Company (Certificate of Incorporation, MoA, AoA).
  • Other routine documentation viz. application forms, specimen signatures etc.
  • Business Plan.
  • Letter from the parent company for the appointment of Manager.
  • Company profile.