Sharjah Media City (Shams), a free zone authority launched in 2017, opens its doors to talents and investors from across borders with excellent infrastructure that emulates international standards.
Shams aims to be a regional leader across various fields of media and creativity, providing resources to generate high-quality services. Shams curate cost-effective solutions for startups, SMEs, established enterprises and freelancers to help them in their entrepreneurial journey. Over the years, the Shams is a dynamic free zone with a creative community, attracting foreign direct investment (FDI).
SHAMS, an integrated business location, offers commercial and flexible solutions to set up and launch your next venture in a thriving community.
Company setup options start from AED 5,750. You can establish a wide range of business activities on the same business licence. With Limited Liability (LLC), you can have 100% foreign ownership with a quick online registration process. Moreover, shareholders are not required to be physically present in the UAE to incorporate a new company.
SHAMS offers a flexible registration process to get approval from the authorities. Shareholders are not even required to be present physically to incorporate the new business.
Another reason to consider SHAMS free zone is the favourable location for entrepreneurs. It is in Al Messaned–Sharjah, 15 minutes from Sharjah International Airport and 30 minutes from Dubai International Airport. The free zone connect the road linking Sharjah and Dubai.
Investors or entrepreneurs can obtain a visa to sponsor their family members and dependents and allow up to 12 visas on a dedicated desk facility and 6 visas on a shared desk facility.
SHAMS offers more than 120 business activities with multiple types of businesses: Service licence, trading licence, media licence, and industrial licence.
You can conduct diverse business activities on the same business licence.
Companies under SHAMS must lease a workspace from the following types of office space: dedicated desk, shared desk, and dedicated office.
With the media licence under SHAMS, individuals can conduct media activities such as printing, publication, programming, telecommunications, consultancy, advertising, entertainment, and design activities.
The wholesale and retail trade license allows one to engage in general trading, wholesale trading to agriculture raw materials, food and beverages, goods, machinery and equipment, and retail trade and repair of motor vehicle parts and accessories.
Under a manufacturing, services, and consultancy licence, one can conduct repair and installation of metal products, machinery, and equipment, construction activities, transportation, and warehousing.
Under the service licence, individuals can establish businesses in courier services, food and beverage activities, insurance and financial activities, real estate activities, legal and accounting services, management, scientific research and development, rental and leasing activities, HR agency activities, building activities, education, arts, entertainment, and other service activities.
Ascent Partners is a boutique consulting firm located in Dubai, UAE. With unparalleled, extensive experience and proven track record of its founders and partners, we aim to advise and aid businesses to scale their presence in the country.
We believe that a well-planned foundation empowers businesses to scale. Our depth of knowledge in multiple jurisdictions along with relevant experience helps us guide you throughout all strategic phases of your business, ranging from licence registration and expansion to market flotation and exit.
We at Ascent Partners can help you establish your business with services and infrastructure tailored to your needs.