SHAMS Company Formation
5 Reasons for Business Incorporation in the Free Zone of Sharjah
Looking to Setup your business within SHAMS Free Zone? Proceeding with this decision is undoubtedly the right choice, given the advantages provided to entrepreneurs by Sharjah Media City Free Zone. Notably, the media and creative sector thrives within the exemplary infrastructure of SHAMS, establishing it as a prominent hub for contemporary media services.
The UAE free zones have consistently proven to be lucrative locations for business establishment. Incorporating a company in a free zone offers significant advantages, including 100% ownership, full repatriation of profits, exemption from income and corporate taxes, and a diverse range of permissible activities—a spectrum prominently facilitated by SHAMS free zones.
For a comprehensive understanding of the benefits associated with establishing a company in SHAMS, consider the following seven essential reasons:
Cost of company registration with Shams Free Zone – Sharjah
Sharjah presents a cost-effective alternative to Dubai for business establishment, with a starting annual license fee of AED 5,750 in SHAMS. Similar to other free zones, SHAMS provides foreign ownership permissions, full repatriation of capitals and profits, exemption from custom duty, and zero personal or corporate tax.
Fast and Hassle-Free Registration Process:
SHAMS Free Zone distinguishes itself by streamlining the registration process through liberal laws, minimizing bureaucratic hurdles. Leveraging digitalization, business approval in SHAMS can be obtained within three days, significantly expediting the registration process.
Favourable Location Advantages:
Located just 15 minutes away from Dubai Airport and 5 minutes from Sharjah Airport, SHAMS Free Zone enjoys strategic proximity. SHAMS encompasses a well-planned infrastructure, including a network of roads and metro, residential boulevards, creative units, hotels, and plazas, fostering a robust transportation network.
Easy and quick registration and Visa Process:
SHAMS Media City offers a notable advantage with quick visa access, enabling the acquisition of investor visas without age restrictions or payment deposits. The shared desk facility allows for the issuance of up to six visas, further expediting the visa application process
Business Formation Benefits Without Physical Presence:
Establishing a business in SHAMS Free Zone obviates the need for a physical presence, granting businesses the flexibility to operate remotely. This setup allows companies to enjoy Limited Liability Company (LLC) benefits, empowering them to appoint corporate directors and managers without being physically present.
The incorporation of your business in SHAMS Free Zone holds considerable merit, given the array of advantages available. To navigate the process seamlessly, consult with experts for a smooth business formation experience in UAE Free Zones.
- Shams Free Zone company registration time Frame?
The registration process takes 24H hours.
- What is the cost of starting a business in Sharjah?
The cost of starting a business in Sharjah varies based on the business type and the number of licenses required, the prices start from AED 5,750 per year for Zero visa package. Shams Free Zone pricing
- Can I do business in other emirates with a SHAMS license?
Yes, a SHAMS business license is allowing you to have client in all Emirates, but the operation should be done from the Free Zone. Business distribution activity and operations in other Emirates require a mainland company license.
- Do I need to have a office to register the company in Shams Free Zone ?
No, shams is offering a flexible solution of address registration with Flexi-desk and co-working lease agreement which is included in the annual fees of the trade license.
- How many residency visa quota I can get with Shams Free Zone ?
Shams Free Zone allows business owners to issue up to 12 visas on their licenses without having physical office