Sharjah Media City free zone is one of the newly launch free zone in the first quarter of 2017. Sharjah Media City free zone is located in the state of Sharjah; and it is servicing business, tourism, as well as brilliant individuals with world class high infrastructure. It is a hub for revolution in Media and the digital world and also a very economical option. You can get Shams free zone license on just AED 5,750
Sharjah Media City free zone license allows the young age share holder to start his business. You can start a business in shams free zone in the age of 19. This is the main advantage of shams free zone not available in any other UAE free zones. An employee can be as young as 18 years old, which is also fairly rare in comparison to other free zone. All the documents of the companies are available online; you can print them out anywhere and do not worry about losing the originals. You can also verify all the documents through the Shams free zone license website to make sure they are genuine.
Shams free zone license
Shams free zone license is providing almost all those services which are normally available in all other UAE free zone. Sharjah Media City free zone offers the best shams free zone license as well as business activities; which is very exciting to those who are going to start their company in the free trade zone.
Types of companies in Sharjah Media City free zone
In Sharjah Media city free zone, there are two types of companies.
- Shams LLC Company Formation
- Shams Branch Company Setup
Sharjah Media City free zone license
There are four licenses available in the Shams free zone; these options are trading, industrial, service or holding license. Selecting one of these options depend on the needs of the investor.
Service Sharjah Media City free zone License: This type of a license enables you for production, re-production, transformation, and distribution of services. This type of a license includes rendering services as a main objective and using goods to provide them.
Industrial Sharjah Media City free zone License: This type of a license enables you for production, re-production, alteration, and making of goods. You could open the business which is involved in the production, re-production, alteration, and making of goods.
Trading Shams free zone License: This type of a license enables you for selling goods within Shams or importing as well as exporting goods. It consists of the movement of goods, whole sale and retail sale of goods; and also rendering of services link to the sale of these goods. Whole sale and retail are one of the last steps in the distribution of goods.
Holding Shams free zone License: This type of a license enables you for holding assets and / or stakes in other companies. You always need a holding company for the purpose of supervising other companies; that is property such as real estate, patents, trademarks, stock, and other assets.
Advantages of Sharjah Media City free zone license
- 100% free from tax as well as duties
- 100% foreign ownership
- There is no restriction on repatriation of capital as well as free transfer of funds
- The physical presence of the owner is not needed for getting of the Shams free zone license
- The whole procedure is quick as well as simple thanks to the use of the latest technology
- Special advantages for the setting up of media and related industries.
- SHAMS free zone license is one of the most cost effective free zone licenses in the UAE.
- Process of a license can be completed in just two days
- No need for the annual audit as well as no need of paid up share capital
- Hiring foreign employees is allowed in this free zone.
- Allows to open a corporate bank account for this sharjah free zone company formation
Shams free zone license cost
Following are the list of shams free zone license cost and number of visa allow for each license.
|0 Visa*||Professional License||Dhs. 11,500||Annual|
|General Trading License||Dhs. 16,500|
|1 Visa||Professional License||Dhs. 16,600||Annual|
|General Trading License||Dhs. 21,600|
|2 Visas||Professional License||Dhs. 18,200||Annual|
|General Trading License||Dhs. 23,200|
|3 Visas||Professional License||Dhs. 19,800||Annual|
|General Trading License||Dhs. 24,800|
|4 Visas||Professional License||Dhs. 21,400||Annual|
|General Trading License||Dhs. 26,400|
|5 Visas||Professional License||Dhs. 23,000||Annual|
|General Trading License||Dhs. 28,000|
|6 Visas||Professional License||Dhs. 24,600||Annual|
|General Trading License||Dhs. 29,600|
In no visa package you will not get Immigration Card as well as any other Facilities. If in case your activity needs any External approvals then there will be extra charges for that. Shared desk facility is only provided with visa packages. If you need any Additional visas then the charges will be Dhs. 1600 per visa. Immigration Card fee is Dhs. 1500 per 3 years. Investor Visa cost is Dhs. 3500 per visa valid for 3 years (excluding medical and emirates id). Employee Visa cost is Dhs. 3080 per visa valid for 3 years (excluding medical and emirates id).
Shams Consultant can assist you in company formation in Shams