SHAMS FREE ZONE (SHARJAH MEDIA CITY)
Costs for: Shams Free Zone (Sharjah Media City)
About Sharjah Media City (Shams Free Zone)
Shams Free Zone, which is also called Sharjah Media City, is at a good place. You only need to drive for five minutes from the Sharjah International Airport and just 15-minutes from Dubai airport too. This great place is perfect for companies wanting easy access and links within the area.
Shams Free Zone helps businesses with their service, trade and industry licenses. It’s a flexible place for people starting companies or doing business. The free zone has more than 200 allowed business activities and serves many different businesses. If your business is about counting money and checking books, or getting into publishing and selling wholesale goods, Shams Free Zone can offer a friendly place for different types of work.
Shams Free Zone is a busy place for business that prioritizes speed and ease. It helps growth and creativity happen. Being near key airports makes it easy to travel and handle supplies. This adds more reasons why people might pick Sharjah as their choice for starting or growing businesses in the lively environment there.
Benefits of setting up a company in: Shams Free Zone (Sharjah Media City)
Shams Free Zone offers a diverse range of business activities, catering to various industries and sectors. Some of the key business activities permitted in Shams Free Zone include:
10 reasons to set up in Shams Free Zone
1. Business Advantages in Shams Free Zone: A helpful and easy way.
Shams Free Zone stands out as a preferred business destination with a range of compelling benefits:
Competitive Company Setup Fees: Shams has affordable prices to start a company. This makes it cheap and good for businesses of every size.
Multiple Business Activities: Run different types of business work with just one rule, making it easy and fast for those who start their own companies.
100% Foreign Ownership: Be your own boss. Shams Free Zone lets you have 100% ownership that is not from other countries, so it gives business owners total power over their companies.
Repatriation of Capital and Profits: Businesses can bring back all their money and profits, making them financially flexible with full control.
0% Corporate and Personal Income Tax: Shams Free Zone makes sure you don’t have to pay tax. They remove the need for company or personal income taxes.
No Currency Restrictions: Get the benefits of a money-friendly environment, without any rules or limitations on currency deals.
Import and Export Tax Exemption: Get complete freedom from taxes on import and export, which helps businesses save money when they trade with other countries.
Easy Setup Process
Starting a company in Shams Free Zone is an easy job made for speed and comfort. With good paperwork, officials quickly give out licenses in a few days. This helps businesses start fast.
Flexible Office Arrangements
Shams Free Zone offers a variety of flexible office solutions to cater to diverse business needs:
Office Space Options: Pick between separate or shared hot seats, personal rooms, or artistic spaces good for exhibits and hangout spots.
IT and Tech Support: Get help from computer and tech services so businesses have the right technology setup.
Permitted Business Activities
Shams Free Zone has room for many types of businesses apart from media companies. Typical businesses in the free zone include:
Trading (garment and automobile trading)
Film Production/Post Production
Business/Project Management Consultancy
Shams Free Zone lets businesses have many owners, up to a total of 50. Shareholders can be people or companies, and they don’t need to be in the UAE. This gives businesses the chance to arrange their ownership in a way that works best for what they need and want.
With the Shams flexi-desk plan, companies can ask for as many as six visas. This flexibility helps shareholders and workers more easily join the team. It makes sure they can handle what a business needs from them.
Thriving Business Community
Shams Free Zone helps businesses grow by holding seminars, network events and conferences often. Business people can meet, share thoughts and work together. These happenings make the business world better and give you good chances to meet possible customers or partners.
Shams is more than just a place for businesses. It also gives training and education in the field of media. Expert trainers from around the world run seminars and training at Shams, giving media workers a place to learn more skills. They also keep up with new trends in their business.
Shams Free Zone promises to help companies at every step. Many helpful services are offered, including help with technology and tips on how to run a business. Shams also puts new businesses on its website and social media pages. This gives them more people to see what they are doing in an open way.
Shams Free Zone has a great place that can be reached easily from Sharjah and Dubai airports. This good location makes the area more attractive as a business place that’s easy to get to. It helps travel for work people go smoothly.
Now you know the good things and benefits of Shams Free Zone, let’s look at how to start your business in this busy place that is always growing.
Steps to Set Up Your Business in Shams Free Zone
Choose Your Business Activity: Pick the type of work that lines up with what you want to achieve. Shams Free Zone gives out licenses for trading, industry and services. It also provides holding licenses.
Decide on Your Company Name: Pick a special and fitting name for your business, make sure it follows Shams Free Zone’s rules on naming names.
Complete and File Registration Paperwork: Talk to Shams officials for your first time applying a license. Fill out and submit the required forms to important officials. Shams Free Zone gives out permits for different kinds of business actions.
Apply for Your Business License: When given the okay, sign the formal paperwork and hand in your passport pictures. Make sure the passport photos are good enough for UAE’s immigration laws.
Open a Bank Account: Once you get your business license, create a bank account for it. The way you apply is fast and easy. GCS Group, which has a banking expert on staff, can give you guidance to find the best bank for what you need.
Apply for Visas: Get any needed visas, if they are for workers or family members. This process has steps like getting a permit, changing status, passing a health check and signing up for Emirates ID with visa stamping.
Meet UAE Immigration Criteria: Make sure that your passport photos follow UAE’s rules for immigration. You need a white background and wear a colorful shirt, no glasses or jewelry should be shown off in the photo either. No toothy grins are allowed nor hair hiding your face is okay!
Sponsor Dependents: If required, help dependents get their visa applications done. This simple process includes getting an entry permit, changing status to being in the UAE legally and showing you’re healthy medically at a clinic authorized by the government – doing these is important before they can register for Emirates IDs along with placing relevant stamps on their visas. We conducted this step because we felt additional family
Establish Corporate Bank Account: Once you get your license and start up in Shams Free Zone, create a business bank account for it. GCS Group can help pick the best bank for you and set up meetings if needed.