Sharjah Media City (SHAMS) free zone is located in Sharjah and is the nearest emirate to Dubai. One of the biggest advantages of setting up your business in this free zone is its affordable free zone. The costs and fees associated with setting up a business start from AED 5,750 – excluding visa requirements. In case your company requires visa issuance, a Flexi-desk at lease is required and AED 1600 for the visa-issuance process. The cheapest offers for starting a business in SHAMS are:
- Starting from AED 11,000 for a trading or service license with zero visas quota
- Starting from AED 13,000 for a trading or service license with 1 visa quota
Obviously, the prices increase based on the number of visas issued for operating a business. The number of visas depends on the business’s nature and varies based on the free zone the business is operating in. However, SHAMS is one of the most flexible free zones and allows you to apply for up to 6 visas. SHAMS fees for issuing visas are:
- Around AED 3,000 for a partner or investor
- Around AED 3,000 for an employee
These visas will be valid for up to three years. Under SHAMS free zone license, you will also need to obtain health insurance or sign an undertaking letter that you intend to do within the next 10 months. Additional fees for each visa issuance are:
- Starting from AED 600 for Medical checkup
- Starting from AED 300 for Emirates ID
SHAMS free zone usually charges AED 2,000 for most of the amendments, without personal presence requirement.
Benefits of Setting up a business in SHAMS free zone
There are many advantages to setting up a business in SHAMS free zone compared to other free zones of the UAE:
- Low-cost business license
- One of the fastest-growing free zones of the UAE
- Top-notch free zone solutions
- Quick business set up solutions
- Cost-effective business operating costs
- One of the most promising hubs of all the low-cost free zones
- Dedicated infrastructure support
- Highly customized packages tailored for all kinds of businesses
- Vibrant business environment providing many business opportunities
- Hassle-free company management and incorporation
Smart Zone
Let Smart Zone‘s business setup experts guide you on setting up a 100% owned business in Shams Free Zone. Call +97155 233 0077 today.
