Shams Free Zone is a world-class media and creativity-free zone in Sharjah, United Arab Emirates. It is the perfect location for entrepreneurs and startups who want to establish their businesses in the UAE. Here are some things you never knew about Shams Free Zone and the benefits of obtaining a Shams free zone license.
Shams Free Zone is strategically located in the heart of Sharjah, making it easily accessible from Dubai and other Emirates. It is just 10 minutes from Sharjah International Airport, 15 minutes from Dubai International Airport, and 30 minutes from Abu Dhabi International Airport.
Wide range of business activities:
Shams Free Zone offers various business activities, including media, advertising, film production, publishing, e-commerce, and technology. This makes it an ideal location for entrepreneurs and startups who want to establish their businesses in the UAE.
The cost of obtaining a Shams Free Zone license is relatively low compared to other free zones in the UAE. The license fee starts from AED 11,500 for a single-shareholder company and AED 13,500 for a company with two shareholders.
100% foreign ownership:
One of the most significant benefits of obtaining a Shams Free Zone license is that it allows 100% foreign ownership. Foreign investors can own and operate their businesses without needing a local sponsor.
No corporate tax:
Shams Free Zone offers a tax-free environment for businesses. No corporate tax, income tax, or VAT applies to companies operating in Shams Free Zone. This makes it an attractive location for businesses looking to reduce their tax burden.
Fast and easy company setup:
Setting up a company in Shams Free Zone is fast and easy. The process can be completed within a few days, and all documentation can be submitted online. This saves time and eliminates the need for physical visits to government offices.
Shams Free Zone has state-of-the-art infrastructure and facilities, including office space, meeting rooms, and conference facilities. The free zone is designed to meet the needs of businesses of all sizes, from small startups to large corporations.
Access to skilled workforce:
Shams Free Zone provides access to a skilled and multilingual workforce. The free zone is home to a diverse community of professionals, including designers, developers, marketers, and media specialists.