Shams Company Formation
Sharjah Media City (SHAMS) Free Zone is one of the most popular free zones in the United Arab Emirates. Since its inception in 2017, SHAMS has served as a hub for business owners in media and arts. SHAMS has positioned the management of its free zone to support the expansion of media and creative companies.
SHAMS offers a robust environment for developing new media and creative businesses in the UAE. It has other advantages, such as its proximity to Dubai International Airport and Sharjah International Airport.
Characteristics of SHAMS Free Zone Company Setup
- Sharjah Media City company can have a minimum of one Shareholder and a maximum of 50 shareholders.
- The Shareholder may be a natural person or a legal organization.
- The firms in SHAMS LLC are subject to the norms and regulations of the free zone authority
- Branch offices typically serve as an extension of their parent companies.
- There is no minimum capital requirement.
- There is no need for financial audit submission.
The Sharjah Media City Freezone intends to become a cutting-edge commercial centre for the media sector among the UAE freezones. The free zone helps firms who want to start a branch in the United Arab Emirates.
SHAMS Freezone Company Formation Types
Two structures are permissible in the Sharjah Media City free zone. These include:
- Limited Liability Company (LLC)
- Branch Company
Types of SHAMS Free Zone Licenses
SHAMS freezone offers various types of trade licenses. They include:
- Industrial license – SHAMS industrial license allows you to incorporate industrial or manufacturing-related businesses.
- Trading license – SHAMS trade license grants you the ability to take up trading activities and import and export business.
- Service license – You can carry on businesses that provide service as the solution, like delivery, cleaning, etc.
- Holding license – This allows one to control, buy, and own shares of other companies.
- Freelance permit – A SHAMS freelance license can help you start a freelance business out of your skill.
- E-commerce license – To start an online business, you must get a SHAMS e-commerce license.
Whether in the UAE or overseas, you may register your company online in the Sharjah Free Zone.
Benefits of Business Setup in SHAMS Free Zone
Flexible Visa Options
No Initial Deposit Requirements
100% Foreign Ownership
No Corporate or Personal Taxes
Remote Company Setup
Low-Cost Business Licenses
Minimal Compliance Requirements
Straightforward Company Setup Process
SHAMS Business Setup Process
Select from over 2,000 permissible activities tailored for various industries. Choose the business activity that you wish to proceed with and also decide on the structure of your company.
The next step is to select a License type that best suits your business.
- Service License: For consultancy and service-oriented businesses.
- Trading License: For import/export and retail operations.
- Industrial License: For manufacturing activities.
- Holding License: For companies that hold shares in other firms.
Select the office space that suits your requirements. You will have the following options in the SHAMs Free Zone:
- Dedicated Desk: A personal workspace in a co-working environment.
- Shared Desk: Flexible space that encourages networking among entrepreneurs.
- Dedicated Office: Private office space for businesses requiring confidentiality and a private place for themselves.
Provide necessary documentation such as passport copies and business plans.
Complete payment for company registration and licensing.
Upon approval, receive your business license to commence operations.
Upon receiving your company documents, you can proceed ahead to open a bank account for your company.
Documents Required for Business Setup in SHAMS Free Zone
- Passport copy
- Visa and Entry Permit Copy
- Director and Shareholder passport copies
- Additional documents depending upon business activity
- Certificate of Company Registration (For Branch)
- Memorandum and Articles of Association (For Branch)
- Valid License and Certificate of Good Standing (For Branch)
What our clients say
Gryffin Capitalist delivers exceptional service for hassle-free UAE freezone company formation. They offer step-by-step guidance, ensuring your business is operational quickly.
Setting up a freezone company in Dubai with Gryffin Capitalist is straightforward and efficient. The team provides expert guidance, ensuring compliance with all legal requirements.
Gryffin Capitalist simplifies Sharjah freezone company formation with its expert advisors and tailored services. They handled everything from documentation to licensing efficiently.
Why Choose Gryffin Capitalist?
Setting up a business in the SHAMS Free Zone is streamlined through its transparent processes and supportive infrastructure, making it an attractive option for both local and international entrepreneurs.
Gryffin Capitalist is a reputed best business advisor in the MENA region. We have assisted several customers in the UAE and other worldwide locations. Starting a business in the SHAMS Free Zone is one of the wisest decisions an entrepreneur can make.
Our company professionals can provide helpful guidance along with freezone packages to suit your business needs. We make the best effort to comprehend your company's requirements and offer tailored solutions. Our experts can assist you with any questions or concerns.
Quality Professionalism
High Privacy
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
Best Freezones to choose to start your Company
Our business consultants have chosen freezones which are ideal for start-ups, business owners, and SME companies. These freezone provide a quick company registration process and a complete ecosystem for businesses.
Frequently Asked Questions (FAQs)
Yes, if you have a visa, you can start a business in SHAMS.
Yes, you can change your business activity even after company registration.
No, physical presence is not mandatory.
It will not take more than 5- 7 business days.
No, it is not mandatory to submit annual financial audits.
