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Sharjah Media City Freezone (SHAMS)
Unlock new growth opportunities with Incorpyfy’s expertise in company formation in Shams Free Zone. We simplify the setup process, helping you take advantage of 100% foreign ownership, tax benefits, and a dynamic business environment. Let us guide you every step of the way, so you can focus on expanding your business with ease.
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About Sharjah Media City
Sharjah Media City (Shams) has quickly become a vibrant hub for media and creative companies in the UAE. Since its launch in 2017, this free zone has gained immense popularity thanks to its affordable company registration processes and a supportive environment specifically designed for businesses in these sectors.
Shams is strategically crafted to nurture the growth and success of media and creative enterprises. By allowing the formation of businesses that complement and enhance media operations and innovative projects, Shams has built a collaborative ecosystem. This win-win setup enables companies within the free zone to thrive through teamwork and shared resources. Whether it’s specialized services, access to valuable resources, or expert knowledge, the cooperative atmosphere at Shams empowers businesses to leverage each other’s strengths, driving innovation and growth within the dynamic media and creative industries.
With our business setup services in Sharjah, Incorpyfy ensures a smooth and efficient company registration in Sharjah, helping you take full advantage of what Shams has to offer. Let us guide you through the process, so you can focus on building and expanding your creative business in this thriving environment.
Benefits of Company Setup in SHAMS
Setting up your company in Sharjah Media City (Shams) comes with a host of benefits that can significantly enhance your business operations. Here are the key advantages you can tap into:
- Flexible Visa Options – With shared desk facilities, you can allocate up to 6 visas, making it easier to build and manage your team.
- No Initial Deposits – Start your company without the burden of upfront deposits, allowing you to focus your capital on growing the business.
- Investor-Friendly Policies – Shams offers investor visas with no age restrictions, creating opportunities for entrepreneurs at any stage of life.
- Corporate Directors – Streamline management by appointing corporate directors providing structured and efficient leadership.
- Limited Liability – Your personal assets are protected with a limited liability structure, ensuring peace of mind.
- 100% Profit Repatriation – Enjoy full control over your earnings, with the ability to repatriate profits and capital without restrictions.
- Complete Foreign Ownership – International investors can retain 100% ownership of their business, offering full autonomy over operations.
- Tax-Free Operations – Benefit from zero corporate and personal income taxes, allowing you to reinvest profits and scale faster.
- Prime Location – Just 5 minutes from Sharjah International Airport and 25 minutes from Dubai International Airport, Shams offers easy access to key transport hubs, making logistics and travel seamless.
By choosing to establish your company in the Shams Free Zone, you gain access to a business-friendly environment packed with advantages designed to support your venture’s growth and success. From visa allocation and investor visas to tax exemptions and complete foreign ownership, Shams offers a comprehensive ecosystem tailored to the needs of businesses in the media and creative industries.
Our team of experts will guide you through the company setup in Sharjah, ensuring you leverage these benefits fully and gain a competitive edge in the dynamic UAE market. Let us help you navigate the process smoothly so you can focus on building and expanding your business in this thriving free zone.
Cost of Business Setup in Sharjah Media City Free Zone
Setting up your business in Sharjah Media City Free Zone (Shams) offers a cost-effective way to establish your presence in the UAE. At Incorpyfy, managing expenses is crucial, especially for startups and small businesses. That’s why we provide clear, competitive pricing and guide you through every step of the process.
The cost of business setup in Shams Free Zone varies based on business activity, legal structure, and specific needs. Here’s a simple breakdown of typical costs involved in company registration in Shams Free Zone:
- License and Registration Fees – These cover your company registration and licenses. Costs generally range between AED 15,000 to AED 25,000, depending on the business type and legal entity (FZE or FZCo).
- Share Capital Deposit – Depending on your structure, you may need to deposit share capital. This typically falls between AED 10,000 to AED 50,000, depending on your business model.
- Visa and Immigration Fees – Whether you’re sponsoring employees or applying for investor visas, fees include visa applications (AED 3,000 – AED 5,000 per visa), medical exams (AED 500 – AED 1,000 per person), and Emirates ID registrations (AED 370 per person).
- Office or Workspace Rental – Shams offers flexible options like shared desks starting at AED 5,000 per year to fully furnished offices that can range from AED 25,000 to AED 100,000 per year.
- Service Charges – Additional fees may apply for services like document attestation (AED 200 – AED 500) and company name reservation (AED 500 – AED 1,000).
- Professional Fees – By partnering with a consultant like Incorpyfy, you benefit from expert guidance. Our professional fees typically range from AED 5,000 to AED 15,000, depending on the complexity of your business setup.
Types of Licenses Offered in Sharjah Media City Free Zone
Sharjah Media City Free Zone (Shams) opens doors for businesses in the media and creative industries with a variety of licenses tailored to fit diverse needs. Whether you’re in media production, consulting, or trading, Shams provides a supportive environment and attractive incentives to help your business thrive. At Incorpyfy, we simplify the process, guiding you to choose the right license that aligns with your goals.
Types of Licenses Available in Shams:
- Commercial License – Ideal for businesses involved in trading, importing/exporting, and distribution. This license lets you leverage Shams’ strategic location and access top-notch logistics facilities.
- Service License – Perfect for companies offering services like marketing, advertising, consulting, design, and media production. Tailored for the creative sector, it covers a broad range of professional services.
- Industrial License – If manufacturing or production is part of your plan, this license enables you to set up industrial operations within the free zone, benefiting from advanced infrastructure and streamlined processes.
- Media License – Designed specifically for media ventures such as film production, publishing, and broadcasting. If you’re in the media sector, this license is your gateway to growth in the region.
- Professional License – Suited for specialized services like legal, accounting, or business consulting. This license caters to professionals offering advisory services within the media and creative industries.
- Educational License – For businesses focused on education, training, and workshops. Whether you’re hosting seminars or providing creative arts programs, this license ensures you operate seamlessly in the free zone.
At Incorpyfy, we understand the ins and outs of business setup in Shams Free Zone. Our team will assess your business activities and recommend the most suitable license, ensuring compliance with all regulations. We’re here to make your journey hassle-free, so you can focus on growing your venture while enjoying the benefits Shams has to offer.
Requirements for Obtaining a Sharjah Media City Company Setup License
| Documents | LLC (Individual Shareholder) | LLC (Corporate Shareholder) | Branch |
|---|---|---|---|
| Application Form | ✅ Required | ✅ Required | ✅ Required |
| Memorandum of Association (MOA) | ✅ Required | ✅ Required | ✅ Required |
| Articles of Association (AOA) | ✅ Required | ✅ Required | ✅ Required |
| Passport Copies (Shareholders/Directors) | ✅ Required | ✅ Required | ✅ Required (Parent Company Directors) |
| Proof of Residence (Shareholders/Directors) | ✅ Required | ✅ Required | ✅ Required (Parent Company Directors) |
| Board Resolution | N/A | ✅ Required (From Parent Company) | ✅ Required (From Parent Company) |
| Share Capital (Minimum) | AED 300,000 | AED 300,000 | Determined by Parent Company |
| Local Service Agent | ✅ Required | ✅ Required | ✅ Required |
| Appointment of Manager | ✅ Required | ✅ Required | ✅ Required |
| Lease Agreement/Tenancy Contract | ✅ Required | ✅ Required | ✅ Required |
| Business Plan | 🔄 Recommended | 🔄 Recommended | 🔄 Recommended |
| No Objection Certificate (NOC) | If required | If required | If required |
| Parent Company Documents | N/A | ✅ Required | ✅ Required |
| Bank Reference Letter | 🔄 Recommended | 🔄 Recommended | 🔄 Recommended |
| Professional Certifications | If required | If required | If required |
Key Notes:
- LLC (Limited Liability Company) is a popular structure for company setup in Shams due to its flexibility and protection.
- Branches of parent companies enjoy many of the same benefits but must align with parent company documents.
- For businesses with corporate shareholders, additional documentation like Board Resolutions and Parent Company Certificates are essential.
Whether you’re starting a media production company, consulting firm, or trading business, this guide ensures you’re fully prepared for company registration in Shams Free Zone. If you’re unsure about specific requirements, Incorpyfy is here to assist at every step, ensuring a smooth and efficient process.
By staying organized and meeting these requirements, you’re one step closer to launching your business in Sharjah Media City Free Zone – one of the UAE’s fastest-growing hubs for entrepreneurs and creative professionals!
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