SHAMSSharjah Media City Freezone

SHAMS-Company-formation

Sharjah Media City (Shams)

Sharjah Media City (SHAMS) was launched in January 2017 to act as a catalyst for creative and media businesses to setup new business. Aiming to be a world-class media hub for innovative facilities and services, SHAMS covers a wide range of business activities available for those wishing to embark on their entrepreneurial journey in the UAE and start a business in UAE.

Why Shams?

  • Company setup options starting from AED 11,500
  • Wide range of business activities available on the same business license
  • All company documents issued within days
  • 100% foreign ownership permitted
  • 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
  • 0% corporate or personal income tax
  • Quick and simple online registration process
  • Deposits are not required by Shams
  • Allocation of up to 6 visas on a shared desk facility
  • Located 5 minutes from Sharjah International Airport and 15 minutes from Dubai International Airport

Company Formation in Sharjah

Sharjah represents a safe and progressive environment for company formation, offering foreign investors benefits, such as zero corporate, import and export taxes, in addition to other advantages. Carrying out a new business setup in Dubai is the same as carrying it out in Sharjah as the UAE is well-recognized as a trading hub, boasting a large non-oil sector that contributes to nearly 70% of the GDP – 45% of which is contributed by Sharjah’s trading activities. Similarly, starting a business in Dubai has never gotten easier, attributed to the economic boom UAE has been experiencing in recent years. Join the thousands of entrepreneurs who have successfully completed the business formation process and are now part of this thriving community.

What is a Shams LLC?

A Shams limited liability company (LLC) is an independent entity wherein the company structure separates the owners and shareholders from the company right from the time of the owner setting up a business in Dubai or any other Emirate. Hence the liabilities of the company, whether arising in contract or otherwise, are the company’s liabilities and not the personal liabilities of the shareholders. Equally the company’s assets are the company’s assets and not the personal assets of the shareholders. Contact us now for Business Setup.

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