Sharjah Media City (SHAMS) Free Zone is one of the most appealing commercial locations in the United Arab Emirates, especially for businesses in the media and creative sectors. SHAMS was founded in 2017. It offers a setting that promotes growth, innovation, and creativity for businesses.
The following are the top five reasons to choose Sharjah Media City Free Zone company formation, regardless of whether you are a startup, independent contractor, or an existing company trying to grow:
100% Foreign Ownership and Full Repatriation of Profits
A strong reason in favor of SHAMS free zone company registration is the possibility of having 100% foreign ownership. When compared to mainland UAE enterprises, which could need local partnerships, SHAMS enables investors to own their companies entirely without requiring a local sponsor. This implies that you are in total control of the decisions, activities, and resources of your business.
SHAMS enables total capital and earnings repatriation besides full ownership. The fact that you can transfer all of your earnings without any limitations back to your nation of origin makes it a desirable choice for foreign business owners seeking financial flexibility.
Cost-Effective Business Setup
When measured against other free zones in the United Arab Emirates, SHAMS Free Zone is renowned for its price. Whether you are creating a larger company or a tiny freelance firm, SHAMS offers a range of solutions tailored to meet your budget and business needs. The setup procedure is simplified, and there are choices for all-in-one packages that take care of licenses, visas, and registration at very cheap fees.
SHAMS also offers options to operate without a real office space for businesses wishing to save overhead costs. Businesses can maintain minimal operating expenses with this flexibility and still enjoy various advantages offered by the free zone.
Quick and Easy Company Formation Process
SHAMS offers a very quick and easy business formation process that can be finished in a matter of days. It is a great option for foreign entrepreneurs since you can launch your firm from a distance without ever having to travel to the United Arab Emirates.
There are not many paperwork or administrative challenges in the procedure. You can apply online with SHAMS, receive your license quickly, and focus on expanding your company. This speedy turnaround time makes things hassle-free and enables firms to get going right away.
Wide Range of Business Activities and Licenses
SHAMS Free Zone serves a wide range of businesses and sectors. It is especially appealing to media, creative, and digital enterprises, but it also provides licenses for a wide range of other industries, including information technology, e-commerce, and consulting.
Businesses can select the activity that best fits their requirements because SHAMS offers a range of customizable licensing options. SHAMS offers the ideal license for you, whether you are launching an online retail business, production firm, or digital marketing agency. Moreover, you can group several activities under a single license, which will increase the flexibility and expansion potential of your business.
Sharjah Media City Free Zone is a top choice for businesses looking for an affordable, adaptable, and well-located base in the United Arab Emirates. SHAMS is a winning combination for both new and established companies, offering several advantages.