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SHAMS Free Zone - Sharjah Media city

A core benefit of starting a company in Sharjah Media City free zone include 100% exemption from export and import tax, unrestricted currency, 100% profits and capital repatriation, 100% company ownership, and 0% personal and corporate tax, among others.

We cannot help but acknowledge the fact that the benefits have contributed a lot at making the free zone attractive for new entrepreneurs and prospective company owners. The aforementioned benefits are just to mention a few, as there are other benefits that come from starting a company at the Shams - Sharjah Media City free zone.

United Arab Emirates is a big place that provides an enabling environment for businesses to grow and thrive. As a way to attract more entrepreneurs and also encourage startups, free trade zones were created.

At the moment, there are different free zones in different parts of the UAE, each of them having unique benefits, but on the whole making it easy for businesses to start and grow.

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Sham free zone

It will interest you to know that all of the free zones each comes with features that are synonymous with that free zone. There are times when the name misleads people to think it is just open to the media industry, and that is however not the case, as the vibrant business community has world-class facilities, and is open to any industry.

The free zone is located in Sharjah and functions as a hub for the trading, creative, and media industries. It will also interest you to know that there are several other specialized business services and facilities being offered to interested startups for the facilitation of growth and development of the inhabitants and their businesses.

Why Shams free zone?

shams free zone

Why Start a Company in Sharjah Media City?

As a hub for diverse business activities, a lot of successes have been recorded from different companies that got started in the free zone. If you intend to be among the many success stories of the Sharjah Media City, then you are making the right decision, and here are the reasons why:

Having your company set up in Sharjah Media City is simple and straightforward. It involves a 2- step process

Meeting with officials of the media city to apply for a license (Industrial, Service and Holding , Trading licenses).

After the license has been gotten, the next requirement would be to have your passport photographs submitted, and then have the official memorandum signed.

It is also important that your passport photographs are according to UAE Immigration standards: no glasses, no hair on the face, no visible jewellery or piercings, white background, and a coloured shirt. After successfully completing the two steps mentioned above, then you are set to begin business.

You may decide to opt for the flexi-desk package alone, or perhaps opt for going into some type of partnership with other shareholders, up to 50 of them, and they can either be corporate entities, individuals, or both.

By entering into partnerships with shareholders, you are presented with the opportunity to collaborate with them, and thus facilitate the sharing of new ideas that can further enhance your success and that of the shareholders.

While the name may make it seem like there is an entrance policy that is selective, it may interest you to know that Sharjah Media City has opened its door to more than 200 different types of business activities, from different industries and sectors.

Some of the activities include HR, Bookkeeping, publishing, wholesale, hospitality, etc. and that is indicative of the fact that there is no domination of the area by media companies, as the name may suggest.

In actual fact, many of the inhabitants are involved in one form of trade or another. Furthermore, the Sharjah Media City is home to e-commerce industries, retailers, events, and management resources.

Hence, whatever your business idea or plan is, it is welcome, as long as it does not go against the laws, policies, and regulations of Sharjah Media City and the UAE. More opportunities are created for startups to diversify and have investments in other businesses.

The Sharjah Media City free zone is all about making business processes easy and without hassles, and that is one of the reasons why it offers interested entrepreneurs and persons its flexi-desk packages.

The flexi-desk packages come in different forms and are designed with different types of entrepreneurs and professionals at heart, hence they can use the state-of-the- art office facilities to facilitate their operations, and they can also be used as ad-hoc provisions.

It features physical office space, showrooms, studios, as well as other units. There are also restaurants, plazas, hotels, shops, and a residential area. With the facilities, you do not need to limit yourself, and thus hamper your chances at improved productivity, rather the flexibility helps you optimize, and thus act as a boost to your efficiency, effectiveness, and productivity.

Sharjah Media City is home to almost all types of businesses, however, no matter how big or small the business may be, cost of starting is one of the major factors that cannot be trifled with, as it is a major player for the enterprise’s growth.

Considering cost, Sharjah Media City is one of the most popular free trade zones that comes with a cost-effective feature, and it is a popular free zone for medium and small-sized companies and enterprises that are on a small budget but are looking to get the benefits that big businesses get.

Those are not all the benefits, as there are others such as the benefits of getting multiple visas for your employees or shareholders, and sponsorship of dependants, among other benefits.

No doubt about the fact that setting up a company in Sharjah Media City opens a portal to so many possibilities. It’s proximity to seaports and airports are an added advantage to help businesses reach the world with their products and services.

Types of Business License available in Shams Free Zone

 

business setup in shams

AYS Consultancy

At AYS Consultancy, we are well aware of the intricacies involved in setting up businesses, and understand that it can be a hassle for a lot of people, especially for those who have no idea how to go about the various stages and processes.

In order for you to have it really easy, we offer topnotch business setup services to our esteemed clients in the UAE. We are professionals in the field, and over the years we have been able to get a lot of knowledge and experience about setting up a company or business in UAE and the free zones.

Hence, we can confidently say we all that it takes to efficiently and effectively help you set up your business and company in a place like Sharjah Media City, as well as in Dubai and the United Arab Emirates.

Let us make the business setup easier for you so that you can channel your focus at other important matters, like developing your business. Normally, the processes involve getting the appropriate license, and sometimes knowing the category of license where your business belongs to can be a hassle, but you really do not have to bother about the processes, because AYS Consultancy can guide you through.