Shams Free Zone Company Formation

Incorporate your Sharjah Media City (Shams) company in 3 simple steps:

  • Choose your package and place your order.
  • Your free zone company is formed.
  • Receive your license and start activity.
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3 Simple Steps

Start your Shams Free Zone Company in 3 Simple Steps

Step 1
Step 1

Place your order by selecting package

Step 2
Step 2

We will register your company

Step 3
Step 3

You will receive your company license

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Emirates NBD Mashreq Bank RAK Bank Emirates Islamic Dubai Islamic Bank Noor Bank

Pricing

Commercial Licenses

Commercial License without Visa
AED 15,999AED 12,999
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 12,999 (all inclusive)

Commercial License with Visa
AED 24,999AED 20,999
  • Multiple shareholder.
  • 1 visa.
  • Trade license.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 20,999 (all inclusive)

General Trading Licenses

General Trading License without Visa
AED 20,999AED 17,999
  • 1 shareholder.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 17,999 (all inclusive)

General Trading License with Visa
AED 30,999AED 25,999
  • Multiple shareholders.
  • 1 visa.
  • Trade license.
  • Flexi desk.
  • Establishment card.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 25,999 (all inclusive)

**Terms and conditions for visa related packages:

  1. eChannel registration for visa: For all visa packages, eChannel registration fee of AED 7,225 shall be payable (AED 5,025 is a refundable security deposit).
  2. Residence visa cost: AED 5,999 per person. Residence visa shall be valid for three (3) years.
  3. The fee for medical fitness (being AED 302.35 for normal and AED 875.50 for express service) is payable directly.
  4. The fee for Emirates ID application (being AED 371.50) is payable directly.

Timelines

Below are the timelines for setting up a free zone company in Shams Free Zone, Sharjah.

1

Day 1 – Sign application forms and other documents

You will submit application form and the MOA/AOA for your company and make payment of the fee as per your selected package.

2

Day 2 – Trade license is issued

The trade license of your company is issued by Shams. We will send you a scanned copy to enable you to start your business activity.

3

Day 3 – Original company documents

The original trade license, Memorandum and Articles of Association, share certificate and license agreement are ready for collection at our offices.

4

Day 9

Pre-approval for visa is issued. We will submit the company immigration card application for processing at immigration.

5

Day 16

Company’s immigration card is issued. You will need to make payment for eChannel Registration at our offices.

6

Day 17

Company’s trade license and immigration card will be registered with eChannel system.

7

Day 17

You will need to fill and submit your visa application forms along with the required documents and photos to us.

8

Day 21

Your electronic entry visa will be issued. At this stage, you can carry out change of status. This can be done either by leaving and re-entering the UAE through Hatta border. If this is not applicable, we can carry out the change of status without you leaving the UAE.

About Shams

Sharjah is a key Emirate in the United Arab Emirates. It is known as a city of history, culture and heritage and enjoys a strategic location within the United Arab Emirates and the Middle East region. Sharjah was named as the ‘Cultural Emirate of the UAE’ and the ‘Cultural Capital’ of the Arab World in the year 1998.

Sharjah Media City (Shams) was inaugurated in 2017 and has quickly gained the reputation as one of the most well-known free zones in the United Arab Emirates. Shams is an ambitious free zone and aims to be a world-class media hub for innovative facilities and services. The company licenses issued by Shams cover a wide range of business activities for new company start-ups, entrepreneurs and established businesses around the world.

The mission of Shams is to make creative entrepreneurship accessible to all aspiring startups, SMEs and established companies striving to grow their business both locally and globally.

Why Shams?

  • Wide range of business activities available on the same business license
  • Shareholders are not required to be physically present in the UAE to incorporate a new company
  • Companies will have limited liability
  • Ability to appoint Corporate Directors and Corporate Managers for your Company
  • 100% repatriation of capital and profits
  • 100% Foreign Ownership permitted
  • 0% corporate or personal income tax
  • Quick and simple online registration process
  • All Company documents are issued within days
  • Allocation of up to 6 visas on a Shared Desk Facility
  • Deposits are not required by Shams
  • Located 5 minutes from Sharjah airport and 15 minutes from Dubai airport.

Key Features

Here are some of the key features of free zone companies established in Shams Free Zone, Sharjah.

Shams Sharjah Media City (known as Shams) Free Zone was established in 2017 and has quickly become a well respected free zone in the United Arab Emirates.
Type of Company Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting There are no accounting or reporting requirements for free zone companies established in Shams.
Taxes Companies established in Shams are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership 100% shares can be owned by foreign nationals.
Time zone Convenient world time zone: GMT+4
Paid up capital requirement No paid requirements for paid up capital.
Minimum shareholders A person in charge is required to be appointed for each company.
Shams
Sharjah Media City (known as Shams) Free Zone was established in 2017 and has quickly become a well respected free zone in the United Arab Emirates.
Type of Company
Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting
There are no accounting or reporting requirements for free zone companies established in Shams.
Taxes
Companies established in Shams are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership
100% shares can be owned by foreign nationals.
Time zone
Convenient world time zone: GMT+4
Paid up capital requirement
No paid requirements for paid up capital.
Minimum shareholders
A person in charge is required to be appointed for each company.

Frequently Asked Questions

Here are some answers to some of the most common questions related to Shams Free Zone, Sharjah.

How much is the cost for setting up a company in Shams?
Shams has one of the most reasonable company formation packages. View details of various packages available by scrolling up this page.
Do I need to be in the UAE to set up a company in Shams?
You do not necessarily need to be in the UAE to set up your company. You will be required to have visited the UAE at least once for the Shams company formation packages with residence visa. If you wish to only obtain a trade license for your company, you can still form the company even if you have not visited the UAE at all.
What are the chances that my application for investor visa gets rejected?
There are certain nationalities that Shams would require pre-approval before proceeding with the company formation. Once this pre-approval is obtained, the chances of any visa rejection are reduced significantly.
Do I need a local sponsor to set up a company in Shams?
No, you do not need a local sponsor to set up a company in Shams. One of the many benefits in setting up a company in Shams is having 100% ownership of the company.
How long would it take to set up a company in Shams?
The timeframe in setting up a company in Shams is 2-3 working days after you have signed and submitted the application forms and the required documents. Any further process for the visa issuance is outlined in our Timelines section above.
What are the activities that I can set up in Shams?
Shams offers number of activities relating to media, broadcasting, public relations, consultancy and advertising. There are a variety of sub-sectors of these activities which you can choose from when finalizing the activity for your company set up.
Do I need to have an actual office space to set up my company in Shams?
You do not necessarily need an office space for you to set up a company in Shams. This is one of the main advantages of setting up a company in Shams. A flexi desk option is available in packages with visas.

Government Departments

We can help you with the processes in the following government departments.

Dubai Economy Department
Dubai Courts
UAE Ministry of Economy
UAE Ministry of Labour
abu dhabi Judiciary department
RTA
Land Department
RERA
Ministry of Justice UAE
Ministry of Foreign Affairs UAE

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