SHAMS-SHARJAH MEDIA CITY|FORMATION

SHAMS Free Zone was launched in 2017 with a vision of leading hub of media and creativity businesses in Gulf region. SHAMS is providing unique facilities and services for creative, media and digital Entrepreneurs, SME’s and other professionals to establish their business quickly and easily at reasonable cost.

Conditions:

• Company setup cost is starting from 11,500 AED
• No physical presence required to register your business
• No NOC required
• 100 % foreign ownership
• 100 % free transfer of funds
• No restrictions on capital repatriation
• No restrictions on the hiring of foreign employees
• No paid-up capital required
• All documents will be issued within 3 – 4 working days
• A wide range of business activities available
• Allocation of up to 6 visas on a shared desk facility
• 0% corporate or personal tax
• Located 15 minutes from Dubai airport and 5 minutes from Sharjah airport

License Offered by SHAMS:

Service License

Service License permits production, re-production, transformation, and distribution of services. It incorporates rending services as essential goal and utilizing goods to render a service.

Trading License

Trade License permits selling goods within Shams or importing and exporting of goods. It incorporates movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods. Wholesaling and retailing are the final steps in the distribution of goods.

Industrial License

Production, re-production, transformation and manufacturing of goods.

Packages:

Details	Activity	Rates	Frequency
		New & Renewal (AED)
0 Visa*	Activity Type1	AED 11,500	Annual
	Activity Type 2	AED 16,500
1 Visa	Activity Type 1	AED 16,600	Annual
	Activity Type 2	AED 21,600
2 Visas	Activity Type1	AED 18,200	Annual
	Activity Type 2	AED 23,200
3 Visas	Activity Type1	AED 19,800	Annual
	Activity Type 2	AED 24,800
4 Visas	Activity Type1	AED 21,400	Annual
	Activity Type 2	AED 26,400
5 Visas	Activity Type1	AED 23,000	Annual
	Activity Type 2	AED 28,000
6 Visas	Activity Type1	AED 24,600	Annual
	Activity Type 2	AED 29,600

Note:
• Immigration card fees of AED 1,500 and shared desk fees of AED 3,500 are notincluded
• External approvals will be charged separately
• Shared desk facility is provided with visa packages

Required Documents:

• Clear Colored Full Spread Passport Copy.
• Clear Colored Full Spread Entry Stamp Page / Residence Visa Page Copy (if applicable).
• 2 passport size photos (white background, no specs and jewellery, no teeth showing, no light-colored shirt) for immigration card application.
• Additional forms to be filled while setting up business.

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