Sharjah Media City free zone (Shams)

Sharjah Media City free zone (Shams) in Dubai

Shams (Sharjah Media City free zone) was established in the year of 2016 by the supreme council member and ruler of Sharjah, Dr.Shaikh Sultan Bin Mohammad AI Qasimi. SHAMS or Sharjah Media City free zone is located in the emirate of Sharjah, widely known as the cultural capital of UAE.

Sharjah Media City free zone was launched in the year of 2017 with a motive to develop the media industry in the region. We can help you with the company set up in Sharjah Media City free zone in UAE.

Sharjah Media City free zone services are the standard services for businessmen who want to start their business for Creative Media Industries. SHAMS supports local talent and motivates the talented people of the local community.

Business operations in the free zone require a minimum share capital of AED 100,000 for all the business establishments in SHAMS but it’s non-compulsory. SHAMS will also provide a bank letter to open a bank account for the business but the procedure is lengthy if you choose the capital option. Don’t bother about that. Reddy’s consultancy will take care of your Account opening. We will help you from beginning to ending. Reddy’s Management consultancy provides you the extraordinary business assistance for your company formation in SHAMS.

Benefits of the company setup in SHAMS

  • Allocation of up to 6 visas on shared desk facility
  • No initial deposits
  • Get investor visas with no age limitations
  • 100% repatriation of profits and capital
  • 100% foreign ownership
  • Zero corporate tax
  • Very near to Sharjah Airport and Dubai Airport

Facilities in Sharjah Media City (SHAMS)

Sharjah Media City provides 4 facility options

  1. Shared desk facility
  2. Dedicated office facility
  3. Dedicated desk facility
  4. Shared office facility

A shared workplace facility makes it easier for business people. They can share their thoughts, interact with other like-minded people and grow the business. The budding entrepreneurs can take valuable pieces of advice from experienced businessmen. A symbiotic relationship results in the mutual growth of the businesses.

Special Features of Company setup in SHAMS

  • Up to 50 shareholders
  • Capital is around AED 100,000
  • Need not to file audit
  • Features of branch office
  • No minimum capital
  • No need for the audit
  • Single manager
  • No special rule in the free zone

If you want to setup your business in SHAMS, you can directly contact us. We will take you through all the formalities and step-by-step procedures to start a new business or a branch office. Reddy’s management consultancy is one of the best consultancies all over UAE which offers reasonable prices. We are the authorized partners and agents tied up with SHAMS.

More Information

SHAMS – Activities – Updated Aug 2020
SHAMS – Activities – Updated Aug 2020