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SHAMS


Sharjah Media City (SHAMS) is a relatively recent addition to the free zones, having been launched in early 2017. As the third largest emirate in the UAE, Sharjah is highly desirable for its proximity to Dubai, making it an attractive location for businesses looking for cost-effective setups. SHAMS caters to a diverse range of businesses, from small startups to corporate giants, with a particular focus on media startups.

The SHAMS license offers numerous advantages, including:

  • A wide range of business activities available on a single business license
  • Quick issuance of company documents, typically within days
  • 100% foreign ownership allowed
  • Physical presence not required for the incorporation process
  • Limited liability for companies
  • Ability to appoint corporate directors and managers for your company
  • 100% repatriation of capital and profits
  • 0% corporate or personal income tax
  • Option to allocate up to 6 visas on a shared desk facility
  • Convenient location just 15 minutes from Sharjah and 30 minutes from Dubai International airports

 


Types of business licenses


+Service License

It allows for production, re-production, transformation and distribution of services. Service license includes rendering services as a primary objective and utilizing goods to provide them.

+Trading License

Selling goods within SHAMS or importing and exporting of goods. It includes movement of goods, wholesale and retail sale of goods and rendering of services related to the sale of these goods.

+Industrial License

It allows for production, re-production, transformation and manufacturing of goods.