DUBAI-34.96°C
ONE USD: 3.673 AED
10:32:22
DUBAI-34.96°C
ONE USD: 3.673 AED
10:32 AM

Freezone

Sharjah Free Zone Company Establishment

Often known as Shams or Sharjah Media City, the newly formed free zone is the finest location for setting up a business in UAE offering multimedia and interactive services. The commercial center invites creative and entertaining business ventures. Every business owner, whether a local or an ex-pat, wishes to establish their company in Shams Media City as it is cost-effective and comes with many benefits, including 100 percent business control, exemption from taxes, capital repatriation, and so on. In addition, the zone allows 18-year-olds to work in establishments and 19-year-olds to be shareholders, unlike most others.

Shams Varied Permissible Organizations

In the Sharjah Media Free Zone, international or domestic entrepreneurs can establish the following firms:

  • LLC Business Setup
  • Branch Office

Sharjah Media City Trade Permits

Depending on their organizational needs, investors can apply for one of four permits in the Shams Free Zone Authority.
Establishing Companies

Industrial

Starting a business that manufactures, produces, reproduces, packages, or exports items requires this permit.

Trading

This permit allows companies to import and export items all over the world.

Service

Enterprises that provide services and use goods to provide those services are granted this license by the authority.

Holding

The permit controls other corporations, estates, and resources by owning freestanding properties and/or shares in other firms.

Documentation for Company Formation in Shams

Enterprise owners who intend to set up their organizations in the area have to submit various documentation, including:

  • MoA;
  • Certificate of Incorporation;
  • Trade License;
  • Board Declaration for establishing a new firm and branch;
  • Board Declaration with authorized signature or third-party power of attorney.

Further, the involved authorities and departments must approve the above paperwork for business setup.

Benefits of Starting Business in Shams Free Zone

Experienced Professionals

100% Firm Possession

Investors in the zone have entire ownership of their organizations.
Drafting Commercial Contracts

Quick Paperwork

All document work is completed in two or three days, resulting in a rapid freezone company setup.
Trademark registration

Easy Bank Account Creation

Investors can easily open their regional corporate bank accounts with a simple and prompt procedure.
Investor Residence

No Requirement of Workplace

The physical workplace is not required for the organization’s registration.
Zero Tax

Zero Tax

No taxes or customs duties are applicable in the zone for SMEs.
Standard of Living

Cheap Land Price

The Sharjah Free Zone is the most affordable way for businesses to set up in the UAE.

Fund Transfer Without Charge

A business person can easily transfer capital and funds without paying fees.

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Freezoner is the UAE’s award-winning Business setup consultancy company that helps investors establish their business in the most cost-effective & efficient way

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(+971) 4 244 2279

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info@freezoner.net

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Office 2001, 20th Floor, Tower B, Business Central Towers “BCT”, Sheikh Zayed Road, Media City, Dubai 191412

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