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SHARJAH MEDIA CITY (SHAMS)2024-10-03T16:07:44+04:00

UAE MAINLAND

SHARJAH MEDIA CITY (SHAMS)

What is the significance of having a UAE mainland firm, and what does it represent?

Shams Media City provides affordable tools for enterprises of all sizes, from small startups to big international corporations.

SHARJAH MEDIA CITY (SHAMS)

UAE Mainland

Shams Media City provides affordable tools for enterprises of all sizes, from small startups to big international corporations.

What is the significance of having a UAE mainland firm, and what does it represent?

SHAMS, a hub for creative industry entrepreneurs, was established in 2017. One of the free zones in the United Arab Emirates with the quickest rate of growth is Sharjah Media City, or SHAMS. SHAMS, a hub for creative industry entrepreneurs, was established in 2017. Also, the airports of Dubai and Sharjah are both close to the free zone.

Over 200 commercial ventures, ranging from wholesale to accounting, are located in the free zone. It also presents an array of chances for investors and entrepreneurs seeking rapid company growth. Also, these prospects facilitate the establishment of a local and global presence for entrepreneurs.

The UAE’s Sharjah Media City is a one-stop shop for business establishment. They handle everything that you require to launch your company and free up more time for creative achievement.  They offer streamlined registration procedures and customized business solutions.

They help you to achieve your business objectives with anything from podcasts and media training to gaming, influencer marketing, and a full suite of filming services. They invite gamers of all skill levels to become a part of the Shams gaming community and enhance their gaming abilities. Discover their extensive offering of production services, which includes talent recruiting, post-production editing, filming, and shooting.

Shams offers minimal upfront and renewal costs. It offers the most cost-effective licensing solutions in the UAE, with packages starting as low as 5,750 AED for a license with no visa. This competitive pricing makes Shams an attractive option for startups, freelancers, and small businesses looking to establish themselves in a supportive and dynamic free zone without incurring high initial costs. The affordability of Shams’s licensing packages, combined with the flexibility to conduct a wide range of business activities, makes it a perfect choice for entrepreneurs in the media and creative industries. It is also one of the few free zones in the nation with simple registration procedures in the United Arab Emirates. You can register your corporation in just one week, no matter where you are located in the world.

Advantages Of Business Setup in Sharjah Media City (SHAMS)

Global Connectivity

With its strategic location and advanced infrastructure, Shams offers excellent connectivity to global markets through its proximity to international airports and seaports, facilitating seamless import/export activities and enhancing business accessibility worldwide.

Leasing Options

Shams provides flexible leasing options for office spaces and facilities, allowing businesses to choose the setup that best suits their needs and budget, enabling cost-effective operations and scalability.

Simple And Quick Set-Up Process

Shams facilitates a straightforward and efficient company setup process, ensuring minimal bureaucratic hurdles and allowing businesses to start operations swiftly and hassle-free.

Wide Range Of Activities

Shams offers a diverse list of permissible activities, accommodating various industries including media, technology, creative arts, and consultancy, providing ample opportunities for entrepreneurs to pursue their business ventures.

Creative Community

Shams promotes a vibrant creative community, attracting professionals and innovators from different media and creative industries, providing networking opportunities and fostering collaboration.

Digital Infrastructure

With the help of this infrastructure, companies can create and share digital content efficiently, build a solid online presence, and use the latest technologies for communication and digital marketing initiatives.

Global Connectivity

With its strategic location and advanced infrastructure, Shams offers excellent connectivity to global markets through its proximity to international airports and seaports, facilitating seamless import/export activities and enhancing business accessibility worldwide.

Leasing Options

Shams provides flexible leasing options for office spaces and facilities, allowing businesses to choose the setup that best suits their needs and budget, enabling cost-effective operations and scalability.

Simple And Quick Set-Up Process

Shams facilitates a straightforward and efficient company setup process, ensuring minimal bureaucratic hurdles and allowing businesses to start operations swiftly and hassle-free.

Wide Range Of Activities

Shams offers a diverse list of permissible activities, accommodating various industries including media, technology, creative arts, and consultancy, providing ample opportunities for entrepreneurs to pursue their business ventures.

Creative Community

Shams promotes a vibrant creative community, attracting professionals and innovators from different media and creative industries, providing networking opportunities and fostering collaboration.

Digital Infrastructure

With the help of this infrastructure, companies can create and share digital content efficiently, build a solid online presence, and use the latest technologies for communication and digital marketing initiatives.

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

General Trading Licence

A general trading licence in the UAE allows a company to sell, distribute, store, import, export, and re-export various goods under one licence. It covers a wide range of activities such as trading in foodstuff, furniture, electronics, and more. The licence provides flexibility within the Freezone as it permits a broad scope of commercial activities without tying down the company to specific lines of goods. However, specific activities may require a No Objection Certificate (NOC) for special approvals.

Commercial Licence

A commercial licence is necessary for companies selling products or services within the UAE and abroad. Any entrepreneur conducting economic activities in Dubai needs to apply for a commercial licence. This licence permits the purchase and sale of products and specified services. It allows for importing and selling items in the UAE, exporting them outside the country, or trading within the local market within the Freezone.

General Trading Licence

A general trading licence in the UAE allows a company to sell, distribute, store, import, export, and re-export various goods under one licence. It covers a wide range of activities such as trading in foodstuff, furniture, electronics, and more. The licence provides flexibility within the Freezone as it permits a broad scope of commercial activities without tying down the company to specific lines of goods. However, specific activities may require a No Objection Certificate (NOC) for special approvals.

Commercial Licence

A commercial licence is necessary for companies selling products or services within the UAE and abroad. Any entrepreneur conducting economic activities in Dubai needs to apply for a commercial licence. This licence permits the purchase and sale of products and specified services. It allows for importing and selling items in the UAE, exporting them outside the country, or trading within the local market within the Freezone.

Industrial Licence

An industrial licence in the UAE is provided by a free zone’s authority and allows investors and entrepreneurs to manufacture products within the relevant free zone jurisdiction. The licence enables the import of raw materials for production and the export of finished products overseas. Businesses involved in industrial or manufacturing processes should apply for this permit, which covers importing raw materials, production, and packaging for export.

Service Licence

The service licence permits the licensee to carry out specified services within the Free Zone, such as logistics, courier services, insurance provision, travel and tour services, car rental, consulting, and staffing. Additionally, it allows accounting, legal, and business consulting organizations to operate. This licence is meant for professionals in various fields who provide specialized services, including business consulting, IT services, accounting, auditing, legal services, and other professional services.

Industrial Licence

An industrial licence in the UAE is provided by a free zone’s authority and allows investors and entrepreneurs to manufacture products within the relevant free zone jurisdiction. The licence enables the import of raw materials for production and the export of finished products overseas. Businesses involved in industrial or manufacturing processes should apply for this permit, which covers importing raw materials, production, and packaging for export.

Service Licence

The service licence permits the licensee to carry out specified services within the Free Zone, such as logistics, courier services, insurance provision, travel and tour services, car rental, consulting, and staffing. Additionally, it allows accounting, legal, and business consulting organizations to operate. This licence is meant for professionals in various fields who provide specialized services, including business consulting, IT services, accounting, auditing, legal services, and other professional services.

Sharjah Free Zones

These zones are frequently perfect for companies in the logistics, technology, import and export, and warehousing sectors.

 

Sharjah Airport International Freezones (SAIF Zone)
Hamriyah Freezones (HFZ)
Sharjah Media City (Shams)
Sharjah Publishing City Freezones (SPC Freezones)
Sharjah Research, Technology, and Innovation Park (SRTIP) (3)

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Sharjah Media City (SHAMS) For Your Company Formation?

For companies hoping to succeed in the media and creative industries, adopting Sharjah Media City (Shams) over other free zones has clear benefits. Shams is unique in that it offers alluring advantages such complete repatriation of profits and cash, 100% foreign ownership, and tax-free conditions. Due to the proximity of neighbouring seaports and airports, its advantageous position in Sharjah offers quick access to both local and international markets. Shams also has outstanding infrastructure which supports enterprises in the production, distribution, online presence of digital material. This infrastructure includes modern digital facilities and contemporary office spaces. Its dynamic creative community, encouraging environment, and simplified setup procedures make it the perfect option for growth-oriented startups, small and medium-sized businesses, and well-established corporations.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Sharjah Media City (SHAMS)

Is it possible for me to use the Shams License to own other businesses in other Emirates?2024-07-12T10:04:56+04:00

With the permission of the appropriate authorities, you are able to form a branch or subsidiary.

How will VAT affect license orders?2024-07-12T10:06:18+04:00

Pursuant to Federal Decree-Law No. (8) of 2017 on Value Added Tax, companies registered in Sharjah Media City (Shams) will be required to register for VAT. Shams will be offering VAT registration services for its clients. Shams will also be levying 5% VAT on certain products and services.

Does the license come with a Chamber of Commerce certificate from Sharjah Media City (Shams)?2024-07-12T10:06:51+04:00

Though you can apply directly to the Chamber of Commerce for a Certificate, shams do not offer it.

Does Shams offer support services for startups and SMEs?2024-07-12T10:07:19+04:00

Yes, Shams provides a supportive ecosystem with business support services, networking opportunities, and events tailored to foster growth and innovation.

Are companies in Shams able to hire international workers?2024-07-12T10:07:48+04:00

Yes, Shams enables companies to sponsor foreign workers’ employment visas, allowing them to hire talent anywhere in the world. This flexibility helps businesses get access to specific knowledge and abilities that are necessary for their operations and expansion inside the free zone.

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Empowering entrepreneurs worldwide with expert guidance for business setup success.

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We give you a true “customer-focused” experience. Our dedicated team is committed to providing you with professional guidance tailored to your specific business needs. Your go-to company setup provider in Dubai Multi Commodity Centre (DMCC), IFZA Dubai south, DIFC, ADGM, RAKEZ, RAKICC and all other jurisdictions.

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About Us

We give you a true “customer-focused” experience. Our dedicated team is committed to providing you with professional guidance tailored to your specific business needs. Your go-to company setup provider in Dubai Multi Commodity Centre (DMCC), IFZA Dubai south, DIFC, ADGM, RAKEZ, RAKICC and all other jurisdictions.

Quick Links
Our Services
get in touch

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