Business Setup in Sharjah Media City

Posted by Business Incorporation Zone on December 19th, 2022

The free zones in the United Arab Emirates are well known for providing amazing advantages to business owners. Most allow for complete firm ownership, complete exemption from customs taxes, unrestricted use of foreign currencies, and unrestricted capital and earnings repatriation. Numerous companies also provide quick company formation, no paid-up share capital, and a selection of coworking and space possibilities. 

A center for media and other creative businesses to flourish in the UAE and worldwide, Sharjah Media City, also known as SHAMS Free Zone, was established in 2017. Since then, it has expanded to include a variety of businesses.

Due to Sharjah's international recognition for its cultural ties, the business setting there is thought to be advantageous for investors in the creative industries. Because of the advantages of the free zone, such as 100% ownership, tax exemptions, and low-cost business setup packages, SHAMS business setup has unquestionably grown in favor among foreign investors over the years.

Licenses Available in Shams

Service License:  Makes it possible for services to be produced, reproduced, transformed, and distributed.

Tra

ding License:  Enables the movement of goods, their wholesale and retail sales inside SHAMS, as well as their import and export.

Industrial License:  Enables the manufacture, production, transformation, and re-manufacture of items.

Numerous reviews of SHAMS Free Zone extol its fantastic business infrastructure, which puts it on par with all international standards. Due to its cost-effective solutions created for SMEs, independent contractors, and well-established multinationals alike, the free zone opens its doors to the best talent from around the world.

When you establish a business with SHAMS, you get a quick and affordable business setup, 0% corporate and personal income tax, 100% ownership, the ability to assign up to six visas with a shared desk facility, and the freedom to conduct numerous business activities under a single license.

Structure of Company Formation in SHAMS:

Business establishment in the SHAMS Free Zone is quick, inexpensive, and easy when you cooperate with BIZ. You can start using this fantastic free zone in Sharjah, the industrial center of the United Arab Emirates, right away.

The greatest possible start for new and moving enterprises in the UAE is something BIZ is glad to provide. Prior to providing advice on the best route to a successful company formation in Dubai, we will always take the time to get to know you and your business ideas.

We are really passionate about what we do and are eager to work with you to realize your aspirations of becoming a business owner. Our devoted team of professionals in UAE company creation.