Sharjah Media City (Shams) was launched in January 2017 to act as a catalyst for creative and media businesses to grow and thrive. Aiming to be a world-class media hub for innovative facilities and services, Shams covers a wide range of business activities available for those wishing to embark on their entrepreneurial journey in the UAE.
As a world-class free zone hub for innovation, Shams sets the benchmark for those who want to set up and start their business with specialized facilities for creative and media industries. Shams will provide intelligent, creative services, combined with a holistic community-centered strategy, place great value on localized content and actively foster entrepreneurial talent from within a continually flourishing community.
License Types:
Shams License is a permit that allows a company to operate within Sharjah Media City (Shams) under specific business activities.
Service License
- production, re-production, transformation and distribution of services.
- rendering services as a primary objective
- utilizing goods to provide them.
Trading License
- importing and exporting of goods
- movement of goods, wholesale
- rendering of services related to the sale of these goods.
Industrial License
- production, re-production, transformation and manufacturing of goods.
Company Formation in Sharjah
Sharjah represents a safe and progressive environment for company formation, offering foreign investors benefits, such as zero corporate, import and export taxes, in addition to other advantages.
Why Shams LLC?
- Independent operating entity
- Entitled to obtain a license
- Entitled to sponsor employee(s)
- Entitled to open a business bank account
Why Shams Branch?
- Entitled to obtain a license
- Entitled to sponsor employee(s)
- Entitled to open a business bank account
Business facilities in Shams:
- Options for company setup 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.
- % 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.
