Sharjah Media City, commonly known as Shams, is a leading free zone in the UAE designed to foster the growth of media and creative industries. Launched in January 2017, Shams has rapidly become a hub for entrepreneurs, freelancers, and businesses looking to establish a presence in the Middle East. With its strategic location, state-of-the-art facilities, and business-friendly regulations, Shams offers unparalleled opportunities for companies seeking to thrive in a dynamic and innovative environment.

Why Choose Sharjah Media City?

Strategic Location

Sharjah Media City is strategically located in Sharjah, the cultural capital of the UAE. It offers easy access to both Dubai and Abu Dhabi, making it an ideal location for businesses that require connectivity to major economic hubs. The proximity to Sharjah International Airport and Port Khalid further enhances its attractiveness as a business destination.

Business-Friendly Environment

Shams provides a range of business licenses tailored to the needs of media and creative industries. The free zone offers 100% foreign ownership, zero corporate and personal income tax, and full repatriation of profits. These incentives make Shams an appealing choice for entrepreneurs and businesses looking to minimize their operational costs and maximize their profits.

State-of-the-Art Infrastructure

Shams boasts modern infrastructure, including world-class office spaces, studios, and production facilities. The free zone is designed to cater to the needs of media companies, offering high-speed internet, cutting-edge technology, and a range of support services to help businesses thrive.

Steps to Set Up a Company in Sharjah Media City

1. Choose Your Business Activity

The first step in setting up a company in Shams is to choose your business activity. Shams offers a wide range of business activities, including media, marketing, IT services, and consulting. It is important to select an activity that aligns with your business goals and meets the requirements of the free zone.

2. Select a Company Name

Choosing a company name is a crucial step in the registration process. The name must comply with the naming conventions set by Shams, which include avoiding any offensive or religious terms and ensuring that the name is not already registered by another entity.

3. Submit Your Application

Once you have chosen your business activity and company name, you need to submit your application to Shams. The application process is straightforward and can be completed online. You will need to provide the following documents:

• A completed application form
• A copy of the passport of the company’s shareholders
• Proof of residence of the shareholders
• A brief description of the business activity

4. Obtain Your Business License

Upon approval of your application, you will receive your business license. Shams offers various types of licenses, including:

• Service License: For businesses providing services
• Trading License: For businesses involved in trading activities
• Industrial License: For businesses engaged in manufacturing and production
• Freelancer Permit: For individual freelancers

5. Choose Your Office Space

Shams offers a variety of office spaces to suit different business needs. Whether you require a flexi-desk, a private office, or a full-fledged studio, Shams has the facilities to accommodate your requirements. Selecting the right office space is essential for the smooth operation of your business.

6. Open a Bank Account

Opening a corporate bank account is an essential step in establishing your business in Shams. The free zone has partnerships with several banks in the UAE, making it easier for you to open an account. You will need to provide the following documents:

• A copy of the business license
• A copy of the shareholders’ passports
• Proof of the company’s physical address
• A board resolution authorizing the opening of the account

7. Apply for Visas

As a business owner in Shams, you can apply for visas for yourself and your employees. The number of visas you can apply for depends on the type of office space you have chosen. The visa application process is efficient and can be completed online.

Benefits of Setting Up a Company in Sharjah Media City

Cost-Effective Business Solutions

Shams offers cost-effective business solutions, including affordable licensing fees and office rental rates. This makes it an attractive option for startups and small businesses looking to minimize their initial investment.

Networking Opportunities

Sharjah Media City hosts a range of events, workshops, and networking sessions, providing ample opportunities for businesses to connect with industry peers, potential clients, and investors. These events are designed to foster collaboration and innovation within the media and creative sectors.

Support Services

Shams provides a range of support services to help businesses succeed. These include business setup consultancy, PRO services, and access to legal and financial advisors. The free zone’s dedicated team is committed to providing personalized assistance to ensure the smooth operation of your business.

Innovative Ecosystem

Shams is home to a vibrant community of media and creative professionals. The free zone’s innovative ecosystem fosters creativity, collaboration, and growth, making it an ideal environment for businesses to thrive.

How can Flyingcolour Business Setup help you?

Flyingcolour Business Setup can help you start your business in the SHAMS Free Zone. We have helped uncountable clients to set up their business in this area. Our experts can clear any doubt about setting up a business in this area. We can also guide you through each step of starting a business in this area.

To learn more about the Set Up a Company in Sharjah Media City Free Zone, book a free consultation with one of the Flying Colour team advisors, simply call +971 50 5585305 or send WhatsApp messages to +971 4 4542366. you can also drop an email to info (at) flyingcolour (dot) com.