11 Apr 2019
By MSZ Consultancy
Business Setup
Shams Free Zone
Sharjah Media City (Shams) was formed in 2017. The Shams Free zone is hub for innovation in the creative and also media industries. The Shams free zone is one of the most cost-effective free zones in the UAE.
Types of companies in Shams Free Zone
Shams Limited Liability Company Shams branch Company Setup
Types of licenses available in Shams
- Industrial License
- Service License
- Trading License
Business Activity
- Media
- Wholesale and Retail
- Services and Consultancy
Following are the benefits of setting up a company in Shams
- 100% foreign ownership,
- 100% repatriation of capital and profits
- Free transfer of funds and also others
- Physical presence of company owner is not required to incorporate a new company
- No need for annual audit or paid up share capital and also no need of NOC to start your own company
- No restriction on hiring foreign employees
- Allows opening of corporate bank account and also flexible visa allocation
- Inexpensive workforce and also easy recruitment procedures
- Vast activities covering Services, trading and also Industrial licenses with multiple visas
- Quick and also simple registration process
For furthermore information contact us at +971 52 544 1248 today!
