FREEZONE BUSINESS
Company Formation in SHAMS
One of the latest entries into the list of free trade zones in UAE, Sharjah Media City (Shams) acts as a catalyst for creative and media sector to grow and flourish.
The primary objective of SHAMS free zone is to become a world-class media hub for advanced facilities and services.
Advantages of company formation in SHAMS
Complete foreign ownership
Highly Economical
Diverse activities available on the same license
Complete repatriation of capital and profits
0% corporate or personal income tax
Up to 6 visas allocated on a shared desk facility
Deposits not required
Can appoint Corporate Directors and Managers
Quick and simple online registration process
Strategic location
Launched in 2017, SHAMS has been successful in establishing itself as one of the most preferred free zones, in a short span of time. The countless opportunities, vibrant atmosphere and exclusive incentives, are factors that lure investors to setup their company in SHAMS.
TYPES OF LICENSE
Service license
For production, re-production, transformation and distribution of services
Trade license
For selling goods within the free zone or for importing and exporting
Industrial license
For production, re-production, transformation and manufacturing of goods
Holding license
For holding standalone assets and/or stakes in other firms.
COMPANY TYPES
LLC
BRANCH
Shams free zone offers a wide range of business activities, nearly 200, that includes bookkeeping, HR, plumbing, publishing, hospitality, and wholesale. Let your business model be anything, there is an activity to suit the same at SHAMS free zone. The flexibility to combine different activities on the same license is an added advantage.
If you are planning to setup your business in a UAE free zone, look no further, Sharjah Media City free zone is the most viable option. Vitta Financial Analysis & Consultancy LLC Consultants will help you with the entire incorporation process in a hassle-free manner, taking care of even the minute details.