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Sharjah Media City

Company Formation in Sharjah Media City
SHAMS free zone headquarters located at Sharjah, UAE

Sharjah Media City (SHAMS) is a well-organized and highly reputed Freezone in the Emirate of Sharjah, UAE. It offers business licenses for a huge number of business activities at a very affordable fees. The reputation of this Freezone has transcended boundaries within a short span of time and it currently hosts companies from more than 160 countries. SHAMS headquarters is situated at Sharjah and it has Office outlet at Dubai to cater urgent requirement of Clients.
SHAMS Free Zone Authority is well known for its budget license packages starting from AED 8,050. The company registration process can be completed remotely within a time span of 2 working days.

The process of incorporation starts by filing application for name approval of Company, along with the passport copy and passport size photo of the Shareholders/ Directors. Single Shareholder Company is also permitted here and the same person can be the Shareholder, Director & Person In Charge of the Company.

The Single Shareholder is eligible for Investor Visa under the company while multiple Shareholders have the eligibility of Partner Visas. The Visas are applied after incorporation of Company and investors get 3 year Visas, which can be renewed after that period without any hassle.
shams free zone
Capital required for Company – Any company incorporated at SHAMS Freezone Authority requires a Capital starting from AED 150,000. The total number of shares is 150, and each share having value of AED 1000.

The legal structure of company under SHAMS Freezone being Limited Liability Company (LLC), the Shareholders are liable for any default of company only to the extent of value of shares held by them under the company. The proof of Capital need not be shown to Freezone and in effect it makes investors easy to register company in SHAMS just by paying the fee for License.

Advantages of Sharjah Media City

  • Minimum cost without visa is AED 8,050
  • Wide choice of different business activities
  • Possibility of obtaining 6 visas for shared desk option
  • Deposit is not required
  • No age restrictions for investor visas
  • No need for Physical presence in the UAE to set up your company
  • You could appoint Corporate Directors and Corporate Managers for your enterprise
  • The most simple and quick online process of registration
  • Your company documents will be issued within few days only
  • Companies will be limited in liability
  • Perfect strategical location in 15 minutes from Dubai International Airport and 5 minutes from Sharjah Airport

Benefits of a Free Zone Company in Sharjah

  • 100% foreign ownership in Sharjah Free Zone
  • 100% duty exemption for import and export of all goods
  • 100% exempted from all commercial deductibles by the state government
  • 100% repatriation on capital invested and profits gained

Type of Licenses

  • Service license – allowing you to produce, re-produce, make transformation, and distribute different kind of services. Service license includes rendering services as a primary objective and utilizing goods to render a service.
  • Industrial license – You could open the business which is involved in production, re-production, transformation and manufacturing of goods.
  • Trading license – Selling goods inside Shams freezone or import and export the goods. The trade license is including: movement of goods, wholesale and retail sale of goods and the rendering of services related to the sale of these goods. Wholesaling and retailing are the final steps in the distribution of goods.

Documents required for Company Setup in SHAMS

SHAMS Freezone Authority requires minimum documents and information to setup company.

The documents required are

  1. Passport copy of Shareholder
  2. Passport size photo
  3. Application.

The Business Activity to be shown on License and address of Shareholder is also required.

Team Aurion will support in the entire process starting from the name approval of company. It will advise to submit passport copy for a pre-approval in the case some nationalities.

Documents receivable after incorporation

SHAMS issues a full set of Company documents after registration of Company. This complete set of documents enables the owners to setup a bank account in any local Commercial Bank. Following are the documents given upon incorporation:

  1. Certificate Of Incorporation (COI)
  2. License (showing License number, Company name, address, business activity, Shareholders & Person In Charge)
  3. Memorandum of Association
  4. Share Certificate
  5. Occupancy Agreement (equivalent to tenancy contract)

Most Popular Package

The most popular package at SHAMS Freezone is One Visa Quota Company at a Fee of AED 13,420. But a large number of investors are also opting for 3-year License package at discounted fee and 3-year Visa so that there is no payment needed for running company these years and any increase in fee will not affect them for that period.

Sharjah Media City Freezone Visa Quota and License package cost.

The Multi-Year License Package from Sharjah Media City is an ideal choice for investors looking at a long-term plan. Also, the Multi-Year License Package is beneficial for investors who would like to avoid the hassles of yearly payment for renewal of company license.

The 2,3 & 5 Year business licenses packages will enable clients to pay a one-time amount for the specific timeline and get the company license auto-renewed for the period.

License packages

Actual packages Cost

Discounted price (License Fee)

1-Year

2-Year Package

3-Year Package

5-Year Package

0 Visa

AED 11,500

AED 8,050

NA

NA

NA

1 Visa

AED 16,775

AED 11,743

AED 23,485

AED 35,228

AED 54,519

2 Visas

AED 18,375

AED 12,863

AED 25,725

AED 38,588

AED 59,719

3 Visas

AED 19,975

AED 13,983

AED 27,965

AED 41,948

AED 64,919

4 Visas

AED 21,575

AED 15,103

AED 30,205

AED 45,308

AED 70,119

5 Visas

AED 23,175

AED 16,223

AED 32,445

AED 48,668

AED 75,319

6 Visas

AED 24,775

AED 17,343

AED 34,685

AED 52,028

AED 80,519

Immigration Card & Visa Cost in SHAMS

DESCRIPTIONS
FEE
Immigration Card (3 Years) Cost
AED 1,575
E-channel registration
AED 2,525
Employment Visa – 3 years
AED 3,234
Investor / Partner Visa – 3 years
AED 3,675
Change of Status
AED 997.50
Emirates ID 3 years
AED 370
Medical (urgent)
AED 685
Additional allocation of visas
AED 1,600

Timelines for various Immigration Processes

The investors of the newly registered company at the Sharjah Media City Free Zone will be able to process their Residence Visas within the below-specified timelines.

TYPE OF TRANSACTION

 TIMELINE

Entry Visa (Normal)

4-5 working days

Entry Visa (Priority)

1-2 working days

Entry Visa (Resubmission)

1-2 working days

Residence Visa (Normal)

4-5 working days

Residence Visa (Priority)

1-2 working days

Residence Visa (Resubmission)

1-2 working days

Residence Visa Cancellation (Normal) – Investor/Partner

3-4 working days

Residence Visa Cancellation (Priority) – Investor/Partner

2 working days

Residence Visa Cancellation (Normal) – Employee

3-4 working days

Residence Visa Cancellation (Priority) – Employee

1-2 working days

Entry Visa Cancellation (Normal) – Investor/Partner

3-4 working days

Entry Visa Cancellation (Priority) – Investor/Partner

1-2 working days

Entry Visa Cancellation (Normal) – Employee

3-4 working days

Entry Visa Cancellation (Priority) – Employee

1 working day

Entry Visa & Residence Visa Cancellation
(Resubmission)

1-2 working days

 

PRO Services in Sharjah Media City

Our PRO Services in Sharjah Media City covers a vast scope of administrative and document clearing services.

Our expert team of trained professionals is well-experienced to deal with all the Government departments for document clearing and obtaining approvals.

PRO Services Package in Sharjah Media City

Our exclusive PRO Services Package for Sharjah Media City covers:

  • Company formation application form preparation & Submission
  • Document Attestation & legal translation
  • Chamber of commerce, notary, foreign affairs attestation
  • Company Establishment Card and Immigration Clearances
  • Residence Visa and Emirates ID of the investors and employees
  • Sponsorship Visa Cancellation and company de-registration
  • Customs Registration and obtaining required clearances for trading
  • Amendments and Renewal of Trade License
  • Shareholder document preparation, Memorandum of Association, PO.Box Registration
  • Financial Audits and Report preparation
  • and many more…