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SFM IN PRESS

Over 100,000 Wealthy Migrants Moved Countries in 2018

14 May 2019

The recent AfrAsia Bank Global Wealth Migration Review 2019 revealed that High net worth individuals, or HNWI for short, are increasingly mobile. [..]

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Residency in the UAE: New Rules

2 April 2019

The United Arab Emirates (UAE) is one of the world’s biggest international business hubs and a friendly environment for all kinds of start-up businesses.[..]

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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 type Free Zone Limited Liability Company
Governing corporate legislation Sharjah Media City (SHAMS) Free Zone Authority
Information published relating to company officers Company director names are not 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 communication
Local sponsor requirement Not needed
Residence visa issuance Residence Visa issued
Number of directors needed A 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