Shams Aseman is a world-class free zone hub for innovation, serving as an incubator for startups, SMEs and large companies. It offers smart innovative services, coupled with a holistic community-centered approach, placing a great value on localized content and actively encouraging entrepreneurial talent from within a continuously thriving community.

SHAMS – Company Formation :

Sharjah Media City is an affordable free zone for entrepreneurs. It offers investors a couple of affordable and cost-effective packages for company formation. Whether you are in UAE or abroad, your company registration can be done 100% remotely.

Type of business licenses in Shams :

Service license : 

We provide services, that is, non-commodities. 

Providing services as the main purpose of using products. B. Restaurant, media production, etc. 

 Manufacture :

 Trade License: Selling Goods or Importing / Selling Goods Within Sham: Moving Goods, Wholesale and Retail Sale of Goods, and Providing Services Related to the Sale of These Goods. 

Industrial license : 

Manufacture, duplication, conversion, manufacture of goods.

Business facilities in Shams :

• Corporate setup options  from Dhs. 11,500
•  You do not have to be physically present in the UAE  to set up a new company
•  You don’t need to be from the NOC to start your own business
•  There are no paid-in equity capital or financial statements
•  100% foreign owned
•  Repatriation of 100%  capital and profits
•  100% free remittance
•  0% import / export duty
• 50 years% corporate income tax; 
• All documents published within 2 days
•  Cheap labor and simple employment procedures
•  Extensive activities including services with multiple visas, commercial and industrial licenses

Company formation in Shams:

1. Shams LLC

Advantages:

• Independent operating organization 
•  Eligible to purchase a license 
•  Eligible to sponsor employees 
•  Eligibility to open a commercial bank account

A Shams LLC is a new and modern form of business organization. It is not just one among many available LLCs, but it is a special type of LLC due to its unique features. The company structure separates the owners and shareholders from the company. Hence the liabilities of the company, whether arising in contract or otherwise, are the company’s liabilities and not the personal liabilities of the shareholders. Equally the company’s assets are the company’s assets and not the personal assets of the shareholders.

2. Shams branch:

Advantages:

• Eligible to purchase a license 
•  Eligible to sponsor employees 
•  Eligibility to open a commercial bank account

A Shams branch is a legal entity that belongs to an existing parent company. All profits, benefits, gains and other returns of the branch shall be credited back to the parent company. Equally, all costs, expenses, debts and other liabilities of the branch are debited from the parent company’s balance sheet account.

We offer comprehensive services for doing business in the Middle East, including all the Free Trade Zones. We have already rendered our assistance to more than 1000 companies to set up their operations in Dubai and Abu Dhabi.

UAE Free Zones can assist you in opening a bank account in Dubai, and with the required identification documents to setup your business in Dubai. Our team will study your requirements and provide you with a proposal based on your needs.