SHAMS free zone is one of the newly launched free zones in the Emirate of Sharjah in the first quarter of 2017. Shams is located in the Sharjah Emirate and is provides service business, tourism, and brilliant individuals with world-class infrastructure. This a center for innovation in the media and digital world and a very economical option too. If you are want to setting up a company in Shams from India, unable to do it yourself, then Start Any Business consultants will guide you throughout the process and save your precious time.
SHAMS services have set a benchmark for those who want to start their business with exclusive features for the creative media industries. Sharjah Media City is a world-class free zone specially designed to accommodate innovation. SHAMS is a dynamic initiative that ensures strong relationships with talented individuals. The facilities in SHAMS allure entrepreneurs offering smart services with a holistic community-centric approach.
However, the free zone is governed by the laws of the United Arab Emirates and Sharjah, it has legal freedom on licenses and media regulations. SHAMS supports local content and inspires entrepreneurial talent within the worthy community.
Setting Up A Company In SHAMS Free Zone
There are many steps that you require to be taken, certain complexity, come less intricate. Typically, the first thing you should do is choose your business practice. From here, you will require to agree on your name of the company, finalize, and send your necessary documents to the competent authorities, open a corporate bank account, and apply for the visa that can be required.
Although, the information of the process will be based on the type of license you apply for and of company you select to carry. That’s why, before starting any of this process, this first thing is to reach an experienced and affordable company setup experts who can guide you through any aspect of the procedure, ultimately making sure that the whole application needs little more than some hours of your time.
Document Required For SHAMS Free Zone Company Setup
For SHAMS company setup, you require submitting a set of documents to the relevant authorities that are:
- Certificate of incorporation
- Memorandum of Association and Article of Association
- Board resolution to form a new corporation
- Board resolution to form a new branch
- Valid business license and good standing certificate
- Board resolution offering signatory authorization or power of attorney for the third party.
These are the necessary documents that you require to prepare for setting up a company in SHAMS. We at Start Any Business can also help you in the process of documentation.
Benefits Of Company Setup in SHAMS Free Zone
- 100% exemption from tax and duties and foreign ownership, no restriction on repatriation of capital, free transfer of funds
- The physical presence of the company owner is not required for the registration of a company in SHAMS.
- The entire process is simple and quick thanks to the utilization of the latest technology.
- Exclusive benefits available for the formation of media and related industries
- SHAMS is one of the most co-effective free zones in the United Arab Emirates.
- The documentation procedure can be accomplished in just two days.
- No requirement for the annual audit and paid-up share capital.
- Hiring foreign employees is permitted
- Permits opening of corporate
License Offered by Shams Free Zone
There are four kinds of licenses available in Shams free zone, those licenses are:
- Services License : This license permits transformation, production, and re-production, service distribution. This license comprises rendering services that are a prime objective and using well to give them.
- Industrial License : This license provides permissions for manufacturing, transformation, production, and reproduction. You can open a business that is included in the abovementioned activities.
- Trading License : This license permits selling commodities or exporting and importing commodities in the Shams, this involves the movement of commodities and retail sale of commodities, and rendering of services associated with the goods’ sale. Retailing and wholesaling are the final stages in the goods distribution.
- Holding License : This license allows standalone assets and shares in other companies. You will need a holding company for controlling other companies that means property like patents, real estate, stock, trademarks, and other assets.
Facilities in Sharjah Media City (SHAMS)
Shams provides different kinds of flexible office solutions comprising dedicated offices, Flexi-desks, and creative spaces such as showrooms and studios. The workspaces are set in contemporary designed spaces they combine practicality with innovation to make sure the atmosphere is both productive and pleasant. The Shams free zone gives an affordable infrastructure for businesses of all phases from startups to huge multinational companies.
More than 200 business fields are represented in Shams, from accounting to wholesale, this provides an iconic possibility for companies who are seeking to quickly develop and set up an international and a local reputation
How We Can Help You
Start Any Business UAE is the best business setup firm in Dubai. We have a team of skilled professionals who provide you broad range of services in Dubai and help you during the process of Business setup in Dubai. Our experts guide you every step which they take and suggest you the right path.
With the help of Start Any Business UAE you can setting up a company in SHAMS in a short possible time. We also maintain a good relationship with all ministerial agencies. Our best services will surely delight you. If you are interested then contact us today.
Frequently Asked Questions (FAQs) on SHAMS Free Zone Company Setup
The full form of Shams is not a commonly recognized acronym.
Shams Dubai project is a large-scale renewable energy project in Dubai that aims to promote the use of solar energy in the region.
Shams is famous for its innovative renewable energy solutions, including the Shams Dubai project.
Shams is a last name of Arabic origin.
Shams Free Zone is a special economic zone in Abu Dhabi, United Arab Emirates, dedicated to renewable energy and clean technology companies.
The meaning of Shams in Arabic is “the sun”.
Companies can set up in the Shams Free Zone to take advantage of its supportive business environment, access to renewable energy solutions, and tax benefits.
The Shams toll-free number is not publicly available.
The name Shams is believed to have originated from the Arabic word for “the sun”.
Shams Dubai is a reference to the Shams Dubai project, which is a large-scale renewable energy project in Dubai.
Let's Talk
Speak With Our Consultant
Email:
info@startanybusiness.ae
Address:
1301, Fahidi Heights – AWR Properties, Al Fahidi Metro Station – 32 4c St – Dubai
