SHAMS Freezone Company Registration

Step into the world of abundant opportunities with Enterslice in Sharjah Media City Free Zone. Experience business-friendly policies, modern infrastructure, tax benefits and 100% foreign ownership by entering this thriving freezone in the Middle East. Let our experts at Enterslice ease the process of SHAMS Freezone company registration for you.

Our Company Registration Package

40% Off

  • SHAMS Free Zone Business Setup
  • Up to 5 Media Activities
  • Emirates ID Application
  • Company Name Reservation
  • Corporate Bank Account Opening
  • Flexi Desk & Lease Agreement

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20,000+ Companies Registered

20,000+

Companies Registered

 
200+ Consultants

200+

Consultants

 
40+ Years of Community Experience

40+

Years of Community
Experience

 
100+ Cities

100+

Cities 

Launch your Dream Business with Enterslice

Register a Company in SHAMS

1 to 3 Weeks

Company Registration

No

Travel Required?

5 to 15 Days

Bank Account Opening

No

Local Director

 

Role of Enterslice in SHAMS Freezone Company Registration

 

The Sharjah Media City Free Zone is one of the most attractive free zones in the UAE preferred by startups and small and medium sized businesses. It is a free zone established in 2017, located near the Sharjah airport. The SHAMS freezone is designed for media-focused companies such as creative and digital entrepreneurs. SHAMS Freezone company registration can be an excellent option for you. At Enterslice, we ease the process of SHAMS free zone company setup.

With the 10+ years of experience of Enterslice, you can leverage the expertise of our team of professionals and get complete assistance from business planning to license approval and complete the SHAMS freezone company registration process. Our team ensures full compliance with UAE regulations and provides solutions so you can successfully launch your company with confidence in the SHAMS freezone.

Features of SHAMS Freezone Company Formation

Given below are the features of the SHAMS Freezone company formation-

  • 100% Foreign Ownership
  • 0% Corporate and Personal Income Tax
  • 100% Profit and Capital Repatriation
  • No Minimum Share Capital
  • Diverse Business Activities
  • Quick and Efficient Business Setup
  • Access to Global Connectivity
  • Quick Registration through the SHAMS online portal

Requirements of Business Setup in Sharjah Media City Free Zone

 

All entrepreneurs, including global entrepreneurs looking to setup a company in the SHAMS freezone are required to manage the legal, regulatory and financial requirements to ensure compliance. The key requirements for business setup in Sharjah Media City Free Zone include:

  • Choose the Legal Structure

    For SHAMS freezone company registration, you will have to choose a legal structure that meets your business needs.

  • Company Registration

    Entrepreneurs looking to enter the UAE market through the SHAMS freezone will have to register their company through the SHAMS online portal with the required documents.

  • Reserve a Company Name

    One of the important requirements in SHAMS freezone company registration is to select a minimum of three company names and reserve them with the Sharjah Media City Free Zone authority.

  • Board Resolution and MOA/AOA

    Prepare the board resolution and Memorandum of Association or Articles of Association with the template provided by the Sharjah Media City Free Zone Authority, and include company details.

  • Shareholder and Director ID Proof

    Submit the identity proof of shareholders and directors, such as address proof, passport copies, financial statements, and a certificate of good standing.

  • Corporate Bank Account

    To ensure smooth financial transactions after your business setup in Sharjah Media City Free Zone, you will have to open a corporate bank account.

  • Compliance with the UAE Laws

    SHAMS free zone business setup will require you to ensure compliance with both local and broader UAE federal laws and regulations.

  • Office Space

    An office space for companies in Sharjah Media City Free Zone is not usually mandatory, but you can choose either a private office space or a shared office space for your company.

  • Valid Passport Copy

    Foreign entrepreneurs in the SHAMS freezone will have to provide proof of identity, such as a valid passport copy with at least 6 months' validity for SHAMS freezone company registration.

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Benefits of SHAMS Freezone Company Registration

The Sharjah Media City Free Zone offers numerous benefits for entrepreneurs, such as strategic location, tax benefits, 100% foreign ownership, global connectivity and a remote company registration process. The benefits of SHAMS Freezone company registration include:

 
  • 100% Foreign Ownership

    The best advantage of SHAMS freezone company registration is the opportunity for 100% foreign ownership. As a foreign company in the freezone, you will have complete ownership of your business operations and decision-making without the need for a local partner or sponsor.

  • Fast and Efficient Company Formation Process

    The process of SHAMS freezone company registration is fast and efficient, with some of the specific licenses issued within a few hours. The company registration can also be done remotely, which makes it more convenient for global entrepreneurs looking to enter the SHAMS freezone.

  • Strategic Location

    The SHAMS freezone is located in a strategic location in Sharjah with easy access to major markets in the UAE, Africa, the Middle East and beyond. SHAMS Freezone is also located in proximity to the key transportation hubs such as the airport and seaport, making it a favourable destination for trade.

  • Remote Setup

    SHAMS freezone company registration can be done remotely without having to physically travel to the UAE, making the process convenient for foreign entrepreneurs. The company registration process is simplified and straightforward through the official SHAMS portal with minimal bureaucracy.

  • Wide Range of Activities

    The SHAMS freezone has a variety of industries to choose from, such as e-commerce, education, marketing, media, publishing, photography, services sector, wholesale and retail goods, tourism and IT services, etc., giving you the flexibility to choose from a wide range of activities for business.

  • Networking Opportunities

    SHAMS freezone company registration offers excellent networking opportunities for businesses. The Sharjah Media City Free Zone organizes events and workshops, providing opportunities for entrepreneurs and business founders to meet, collaborate and partner with other industry experts and meet potential investors.

  • No Currency Restrictions

    Sharjah Media City (SHAMS) free zone has no currency restrictions; you can transfer the entire profits and capital of your company in the UAE without restrictions. Additionally, you can do financial transactions in any currency, making the SHAMS free zone a business-friendly financial environment.

  • Flexible Visa Options

    Sharjah Media City (SHAMS) free zone offers flexible visa options for different business activities, catering to different business needs. You can also apply for a dependent visa and an employee visa. Additionally, you can also apply for a residence visa for yourself and your employees.


Documents Required for SHAMS Free Zone Business Setup

 

SHAMS free zone business setup requires submitting mandatory documents along with the company registration application to ensure compliance. The documents will ensure the legitimacy of your application and verify your identity. The key documents required for SHAMS freezone company registration are:

  • Passport Copies - Shareholders and Directors
  • Proof of Address - Tenant contract or Utility bill
  • Visa and Emirates ID – If applicable
  • Bank Statements – Statement of three to six months
  • Bank Reference Letters – Letter from the bank
  • Completion and submission of the application form through the SHAMS portal
  • Detailed Business Plan – Outlining company activities and objectives
  • Articles of Incorporation – For foreign branch company
  • Memorandum & Articles of Association – If required
  • A List of Selected Company Names
  • Board Resolution – From parent company
  • Certificate of Good Standing - Issued within the last 90 days

How to Apply for SHAMS Free Zone Business Setup?

 

SHAMS free zone business setup is a stepwise process. Therefore, to legally incorporate your company, you will have to follow the steps to ensure compliance, after which you can successfully start your business operations in the Middle East.

  • Choose a Business Activity

    The first step in the SHAMS company registration process is choosing a business activity that aligns with your vision and goals. SHAMS free zone offers a variety of sectors to choose from across different industries.

  • Select Your Company Structure

    After your business activity is determined, you can select a company structure that best meets your business needs, including ownership, liability, and business type. SHAMS offers two legal structures — an LLC and a branch office.

  • Reserve a Company Name

    The next step is to reserve a company name. You will first have to decide on three unique company names and submit them through the official SHAMS portal for initial approval, after which your company name will be reserved.

  • Submit Your Application

    After your business activity, legal structure and company name are selected, submit your company registration application to the Sharjah Media City Free Zone Authority. The application should include your business details.

  • Provide the Mandatory Documents

    Along with your application, you will have to submit the mandatory documents such as passport copies, proof of address, passport-sized photographs, visa, Emirates ID, and No Objection Certificate (NOC).

  • Pay the Required Fees

    After your company registration application is submitted, you will have to pay the required fees to obtain your business license. You will also need to pay additional fees for other registration services.

  • Obtain Your Business License

    After thorough review and verification of your application, you will obtain your business license from the Sharjah Media City Free Zone Authority. This process will take around 1 to 3 weeks.

  • Apply for a Visa

    Once you have received your business license, you will have to apply for the right visa for yourself and your employees if required.

  • Open a Corporate Bank Account

    The last step in the SHAMS freezone company registration process is to open a corporate bank account in the UAE to ensure smooth financial transactions.


Types of Structures for SHAMS Freezone Company Formation

 

Sharjah Media City (SHAMS Free Zone) have two types of structures for company registration, and entrepreneurs have the flexibility to choose one or the other structure. The two significant types of structures for SHAMS freezone company formation include:

  • Limited Liability Company (LLC)

    SHAMS Limited Liability Company (LLC) is a common and preferred structure that functions as an independent business and has separate responsibilities and personal assets from those of the company.
    Therefore, the company assets and shares are owned by the company and not the shareholders, allowing you to separate your personal assets from company liabilities. This structure is perfect for entrepreneurs and startups looking to start a new business in the free zone.

  • Branch Office

    A branch office is a structure that allows extension of an existing foreign company or a company from the Mainland UAE to expand its business operations to the SHAMS freezone. It allows you to establish a presence in the free zone by leveraging the existing brand reputation, structure, and business regulations.
    In addition to this, the existing parent company will be liable for all the business activities, including the loss, debts, expenses, etc., of the branch office.


Timeline for SHAMS Free Zone Company Setup

 

SHAMS free zone company setup is a straightforward process with multiple steps. Each step of company registration in SHAMS require a specific timeline to complete. The exact timeline for the entire process will depend on the accuracy of the documents submitted and will vary if there are any discrepancies.

  • Preparing Documents and Name Reservation: 1 to 3 Working Days

    The first step in SHAMS Free Zone company registration is selecting an appropriate company name that is unique and in line with the SHAMS naming guidelines. Additionally, choose the right legal structure, business activity, and prepare all the mandatory documents, which will take 1 to 3 working days.

  • Pre-Approval and Submit Application: 3 to 5 Working Days

    For pre-approval, submit the gathered documents to the SHAMS Free Zone authority. After submission, wait for the approval from the specific authority. This will take about 3 to 5 working days.

  • Final Registration and Issuing of License: 5 to 10 Working Days

    After verification of your documents and application, pay the registration and other associated fees to complete the process. Once finalized, the license and company documents will be issued within 5 to 10 working days.

  • Apply the Establishment Card: 3 to 5 Working Days

    Once you receive your license, apply for the establishment card, which contains the company details and visa quotas. This legal document, handled by the Free Zone authority, is issued within 3 to 5 working days.

  • Entry Permit and Visa Processing: 1 to 7 Working Days

    If you have been issued the entry permit and visa but are living outside the UAE, you must enter the country within 60 days of permit issuance. Medical tests and biometrics are then completed within 1 to 7 working days.

  • Obtain Your Emirates ID: 5 to 7 Working Days

    After the medical tests and biometrics, your residency visa will be approved, allowing you to apply for the Emirates ID. The process and issuance typically take between 5 to 7 working days.

  • Corporate Bank Account Opening: 2 to 4 Weeks

    Finally, open a corporate bank account using your Emirates ID in a UAE local or international bank to ensure smooth financial transactions. You will need to visit in person, and the bank will review your documents, taking about 2 to 4 weeks for approval.


Partner with Enterslice for SHAMS Freezone Company Registration

 

Enterslice is your trusted partner for SHAMS freezone company registration. With our experience of over 10+ years as the global business setup consultants for Sharjah Media City Free Zone, we offer exceptional services to our clients.
With a network of 10,000+ professionals who have helped over 500+ companies launch successfully in the SHAMS freezone, we will help you set up your business efficiently and guide you from selecting the right business structure to document verification and licensing and make your entrance in the Middle East market worthwhile.

  • Offer expert professionals and guidance for business setup in Sharjah Media City Free Zone
  • Provide tailored business solutions depending on your business activity
  • 10+ years of experience in global business consulting and assistance for entrepreneurs
  • Work closely with the local authority for quick and compliant company registration
  • 500+ companies successfully registered in the SHAMS freezone
  • Offer a transparent pricing system with no hidden charges
  • Help navigate the rules and regulations of the SHAMS free zone business setup
  • Post-registration compliance and support for all queries about the SHAMS freezone

FAQs on Business Setup in Sharjah Media City Free Zone

Frequently Asked Questions about SHAMS Freezone Company Registration

To register a company in SHAMS freezone, you will have to ensure compliance with the requirements, such as reserving a company name, selecting the right structure for company registration, submitting mandatory documents like identity proof, visa and Emirates ID and bank statements. The key steps include:

Step 1: Prepare Your Business

  • Choose the Business Activity: Choose a business activity that has demand in the SHAMS freezone market.
  • Select the Business Structure: Select the business structure that meets your business goals and objectives.
  • Select and Reserve Company Name: Select at least three company names that are under the SHAMS naming guidelines.

Step 2: Prepare Required Documents

  • For Individual Shareholder: Passport copy (valid for at least six months), Emirates ID (if required), visa page copy (if applicable), passport-sized photos, application form from the SHAMS portal, and three selected company names.
  • For Corporate Shareholder: Memorandum of Association, passport and visa copies of the company manager, board resolution, and company trade license, etc.
  • Additional Documents: Detailed business plan, proof of address, and certificate of good standing.

Step 3: Apply for Company Registration

  • Submit the Application: Submit the application form with the mandatory documents in the SHAMS freezone online portal.
  • Apply for Pre-Approval: The documents and application submitted are for the pre-approval process, after which you will receive your pre-approval license.
  • Register Office Address: Find an appropriate office address within the freezone and register it legally, as you will need to submit the lease agreement as proof.
  • Pay the Registration Fees: Pay the fees for the SHAMS freezone company registration and business license, including the service charges.

Step 4: Complete Registration and Obtain Your License

  • Complete the Process: Complete the remaining legal steps in company registration and document preparation.
  • Obtain Your Business License: Upon approval, the SHAMS Free Zone Authority will issue the business license.
  • Apply for a Visa and Entry Permit (Foreign Nationals): You will be required to apply for a visa and entry permit for you and your employees.

SHAMS freezone is a special economic zone designed for the creative and media industries. It is a free zone in Sharjah that offers attractive business opportunities and benefits, such as no corporate or personal income tax, 100% foreign ownership, a quick and simplified registration process, and a cost-effective setup.
The freezone also organizes exciting networking and partnering events to meet and collaborate with potential investors and industry experts.

Yes, the Sharjah Media City (SHAMS) is a designated freezone in the UAE. It was established in 2017 in Sharjah between Abu Dhabi and Dubai. The SHAMS freezone is a business hub designed for the creative, advertising businesses and media industries. It offers a wide range of business activities, making it a favourable destination for both startups and established companies.

Key Benefits of SHAMS Freezone

  • Tax Benefits: The SHAMS freezone has 0% corporate income tax and 0% personal income tax.
  • 100% Foreign Ownership: The freezone offers 100% foreign ownership without restrictions.
  • Cost-Effective Entry: It offers a cost-effective company registration process and setup.
  • Repatriation: You will enjoy 100% capital and profit repatriation without restrictions.
  • Process: The process is straightforward and simplified through the SHAMS online portal with minimal bureaucracy.
  • Infrastructure: You have the option to choose between a private office and flexible shared offices with access to modern facilities.
  • No Minimum Share Capital: SHAMS Free Zone does not require a minimum share capital for company registration.

The Sharjah Media City Free Zone offers different types of licenses depending on the business activity under three main categories, they are:
  • Service and Consultancy License
  • Trading License
  • Industrial License

The other licenses in the SHAMS freezone include a holding license, commercial license, e-commerce license, freelance permit, media license and an educational license.

SHAMS free zone business setup requires preparing and submitting the essential legal and company documents such as passport copies, proof of address, bank reference letters, visa and Emirates ID, a detailed business plan, articles of incorporation of a foreign company, memorandum or articles of association if required, a list of selected company names and a certificate of good standing that is issued within the last 90 days.

The SHAMS free zone offers two structures for company registration, that is Limited Liability Company (LLC) and a branch office. These structures offer tailored benefits based on your business type, liability, goals, and tax status.
If you wish to start a new company within the free zone, the LLC is the preferred structure for you; however, if you wish to expand the business activity of your existing foreign or Mainland UAE company, you can choose the branch office structure for SHAMS freezone company registration.

Enterslice offers numerous services for the SHAMS free zone company setup. These services are completely customizable and cost-effective. We offer end-to-end solutions and ensure that entrepreneurs, startups and established companies can start and operate the business smoothly in Sharjah Media City Free Zone. The key services we offer include:
  • Trade License
  • Audit Services
  • Local Agent Service
  • Tax and VAT Registration
  • Company Registration Services
  • PRO Service
  • Trademark Registration Services
  • Dubai Golden Visa
  • Business Consultation and Structure Selection
  • Company Name Approval and Others

SHAMS freezone has a wide range of business activities to choose from. The most common business activities in the SHAMS free zone include media publishing and broadcasting, e-commerce, marketing, IT services, education, film production, advertising, HR and administrative services, holding company activities and travel agencies.

Yes, you can open a corporate bank account in the SHAMS freezone. Both Limited Liability Companies (LLC) and branch offices are allowed and advised to open a corporate bank account in the SHAMS freezone, as it will ensure smooth financial transactions.
To ensure compliance with the corporate banking regulations in the SHAMS freezone, you will have to submit the renewed and annually updated company license to the bank to maintain your corporate account.

Yes, foreign entrepreneurs can start a business in SHAMS freezone. The SHAMS freezone authority allows 100% foreign ownership and complete control over your business operations without restrictions. The company registration process and visa process in SHAMS freezone can be done online without having to travel to the UAE, making it convenient for foreign entrepreneurs.

 

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