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SHAMS Freezone Business Setup Packages
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SHAMS Freezone Overview
Shams Free Zone is a leading business hub located in the Emirate of Sharjah, UAE. It offers entrepreneurs and investors an ideal platform to establish their businesses in a tax-free environment. Shams Free Zone provides a range of business setup services such as licensing, company formation, and visa services. The free zone caters to a wide range of businesses including media, technology, consulting, and design sectors. It also offers state-of-the-art infrastructure and facilities such as fully furnished offices, meeting rooms, and coworking spaces. Shams Free Zone is known for its easy and hassle-free business setup process, which makes it an attractive destination for businesses looking to establish a presence in the UAE.
How to get a SHAMS Freezone License
Choose your business activity: The first step to getting a Shams Free Zone trade license is to determine the type of business activity you want to engage in. Shams offers a wide range of business activities, from e-commerce and media to technology and consulting.
Choose your license type: Shams offers three types of licenses - Service, Trading, and Industrial. You should choose the one that best suits your business activity.
Rent an office: To obtain a Shams Free Zone trade license, you will need to rent an office space within the free zone.
Gather required documents: You will need to provide several documents, including passport copies, proof of address, bank reference letter, and business plan.
Submit your application: Once you have gathered all the necessary documents, you can submit your application online or in person at the Shams Free Zone Authority.
Wait for approval: The approval process can take up to two weeks. Once your license is approved, you can start operating your business in the Shams Free Zone.
Here are some advantages of setting up a business in SHAMS Free Zone: License
- 100% Foreign Ownership: One of the key advantages of SHAMS Free Zone is that it allows 100% foreign ownership. As an investor, you have full control and ownership of your company without the need for a local sponsor or partner.
- Zero Personal and Corporate Tax: Companies operating in SHAMS Free Zone enjoy the benefit of zero personal and corporate tax. This means you can retain more of your business profits and reinvest them for growth and expansion.
- Quick and Easy Setup: SHAMS Free Zone offers a streamlined and efficient company setup process. The free zone authorities provide comprehensive support and guidance, allowing for a faster and hassle-free setup experience.
- Wide Range of Business Activities: SHAMS Free Zone supports a diverse range of business activities related to media, creative, and technology sectors. This includes advertising, broadcasting, film production, publishing, software development, e-commerce, and more. You can choose the activity that best suits your business objectives.
- State-of-the-Art Infrastructure: SHAMS Free Zone provides modern and state-of-the-art infrastructure, including office spaces, co-working spaces, and studios. The facilities are equipped with advanced technology and amenities to meet the unique needs of media and creative businesses.
- Strategic Location: Sharjah is strategically located in the UAE, with proximity to both Dubai and Abu Dhabi. This offers easy access to major business hubs, airports, and seaports, facilitating connectivity and logistics for your business operations.
- Easy Visa and Work Permit Processes: SHAMS Free Zone provides a straightforward visa and work permit process for employees and shareholders. This enables businesses to attract and retain talent from around the world without the usual restrictions associated with mainland companies.
- Networking and Collaboration Opportunities: SHAMS Free Zone fosters a vibrant business community, providing ample networking and collaboration opportunities. You can connect with like-minded professionals, access industry events, and benefit from knowledge sharing and partnerships.
- Intellectual Property Protection: SHAMS Free Zone offers robust intellectual property protection, ensuring that your creative works, trademarks, and copyrights are safeguarded.
- Flexibility in Capital Repatriation: Investors in SHAMS Free Zone have the freedom to repatriate their capital and profits without any restrictions. This allows for easy movement of funds and provides financial flexibility.
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