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SHAMS Free Zone (Sharjah Media City)

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UAE’s most dynamic free zone jurisdiction

22 November 2017

As the rapid success of the UAE continues, Ras Al Khaimah provides spectacular economics opportunities. Ras Al Khaimah is a place great to live with its high quality and affordable housing, shopping malls, and lots of family activities; it could offer a fabulous lifestyle matched only by an environment that is a great place to conduct business [...]

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VAT in the UAE

12 February 2017

As announced in February 2016 by the UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer, the UAE will introduce a Value Added Tax (VAT) of 5% beginning January 1, 2018. The six other states that make up the Gulf Cooperation Council (GCC) region will also be implementing a VAT during this time and/or by January 1, 2019 at the latest [...]

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SHAMS FREE ZONE (SHARJAH MEDIA CITY)

Sharjah Airport International Free Zone Company

Our commitment

  • Your Company in SHAMS Free Zone in 5 working days. *
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • UAE Residency Visa for yourself and family members.*
  • Your company with a bank account, including eBanking and debit card.*
Contact us to register your company

Sharjah Media City Free Zone Company main characteristics:

Company type
Free Zone Limited Lliability Company
Governing corporate legislation
Sharjah Media City (SHAMS) Free Zone Authority
Information published relating to company officers
No company directors names are disclosed
Confidentiality
Complete confidentiality
Accounting requirement
Accounts and auditing are not required
Taxation
No corporate or personal taxation
Legislation
Sharjah Media City (SHAMS) Free Zone Authority 
Standard currency
UAE dirhams pegged to USD
Time to form
5 working days
Communication
Efficient means of communication
Local sponsor requirement
Not needed
Residence visa issuance
Residence visa issued
Number of directors needed
Minimum one director

Benefits:

  • Strategic location
  • State-of-the-art infrastructure
  • World-class facilities
  • Single window convenience for administrative services
  • Investor-oriented management

Tax Incentives:

  • 100% corporate tax exemption
  • 100% personal income tax exemption
  • 100% import & export tax exemption

Investment Incentives:

  • 100% foreign company ownership
  • 100% repatriation of capital and profits
  • No currency restrictions

Information concerning SHAMS Zone

SAIF ZONE

Sharjah Media City is located in the emirate of Sharjah, the cultural capital of the UAE. Shams was launched in January 2017, with a vision to be a world-class hub for media and creativity in the region. Shams’ mission is to make creative entrepreneurship accessible and inspire business growth in the region. The Shams community fosters a vibrant ecosystem for innovation to live, learn and co-create

As a world-class Free Zone hub for innovation, Shams sets the benchmark for service and support to those wishing to set-up and launch their business with specialized facilities for the creative and media industries.

* Please refer to our Terms & Conditions