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SFM IN PRESS

Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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Did you know that a $10K investment can get you a tax-free company and residency in Dubai ?

30 July 2018

Due to recent legislative changes and increased compliance with international tax avoidance regulations, Dubai is no longer just a viable option for incorporating a new business. In fact, compared to others and due to these recent developments, it is fast becoming the destination of choice. [..]

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SHAMS FREE ZONE (SHARJAH MEDIA CITY)

Our Commitment

  1. Your Company in SHAMS Free Zone formed within 5 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members
  5. Setting up your company with a bank account including eBanking and debit card
Sharjah Airport International Free Zone Company

Sharjah Media City Free Zone Company Main Characteristics:

Company typeFree Zone Limited Liability Company
Governing corporate legislationSharjah Media City (SHAMS) Free Zone Authority
Information published relating to company officersCompany director names are not disclosed
ConfidentialityComplete confidentiality
Accounting requirementAccounts and auditing are not required
TaxationNo corporate or personal taxation
LegislationSharjah Media City (SHAMS) Free Zone Authority 
Standard currencyUAE Dirhams pegged to USD
Time to form5 working days
CommunicationEfficient communication
Local sponsor requirementNot needed
Residence visa issuanceResidence Visa issued
Number of directors neededA minimum of one director

Benefits:

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