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Sharjah Media City (SHAMS) is a well-organized and highly reputed Freezone in the Emirate of Sharjah, UAE. It offers business licenses for a huge number of business activities at a very affordable fees. The reputation of this Freezone has transcended boundaries within a short span of time and it currently hosts companies from more than 160 countries. SHAMS headquarters is situated at Sharjah and it has Office outlet at Dubai to cater urgent requirement of Clients.
SHAMS Free Zone Authority is well known for its budget license packages starting from AED 8,050. The company formation process in SHAMS can be completed remotely within a time span of 2 working days.
The process of incorporation starts by filing application for name approval of Company, along with the passport copy and passport size photo of the Shareholders/ Directors. Single Shareholder Company is also permitted here and the same person can be the Shareholder, Director & Person In Charge of the Company.
The Single Shareholder is eligible for Investor Visa under the company while multiple Shareholders have the eligibility of Partner Visas. The Visas are applied after incorporation of Company and investors get 3 year Visas, which can be renewed after that period without any hassle.
Capital required for Company – Any company incorporated at SHAMS Freezone Authority requires a Capital starting from AED 150,000. The total number of shares is 150, and each share having value of AED 1000.
The legal structure of company under SHAMS Freezone being Limited Liability Company (LLC), the Shareholders are liable for any default of company only to the extent of value of shares held by them under the company. The proof of Capital need not be shown to Freezone and in effect it makes investors easy to register company in SHAMS just by paying the fee for License.
Contact us for company formation in SHAMS Freezone today!
The documents required for company formation in shams are
SHAMS issues a full set of Company documents after registration of Company. This complete set of documents enables the owners to setup a bank account in any local Commercial Bank. Following are the documents given upon incorporation:
The Multi-Year License Package from Sharjah Media City is an ideal choice for investors looking at a long-term plan. Also, the Multi-Year License Package is beneficial for investors who would like to avoid the hassles of yearly payment for renewal of company license.
License packages | Actual packages Cost in AED | Discounted price (License Fee) in AED | |||
---|---|---|---|---|---|
1-Year | 2-Year Package | 3-Year Package | 5-Year Package | ||
0 Visa | 11,500 | 8,050 | NA | ||
1 Visa | 16,775 | 11,743 | 23,485 | 35,228 | 54,519 |
2 Visas | 18,375 | 12,863 | 25,725 | 38,588 | 59,719 |
3 Visas | 19,975 | 13,983 | 27,965 | 41,948 | 64,919 |
4 Visas | 21,575 | 15,103 | 30,205 | 45,308 | 70,119 |
5 Visas | 23,175 | 16,223 | 32,445 | 48,668 | 75,319 |
6 Visas | 24,775 | 17,343 | 34,685 | 52,028 | 80,519 |
DESCRIPTIONS | FEE |
---|---|
Immigration Card (3 Years) Cost | AED 1,575 |
E-channel registration | AED 2,525 |
Employment Visa – 2 years | AED 3,416 |
Investor / Partner Visa – 2 years | AED 3,416 |
Change of Status | AED 997.50 |
Medical (urgent) | AED 685 |
Additional allocation of visas | AED 1,600 |
TYPE OF TRANSACTION | TIMELINE |
---|---|
Entry Visa (Normal) | 4-5 working days |
Entry Visa (Priority) | 1-2 working days |
Entry Visa (Resubmission) | 1-2 working days |
Residence Visa (Normal) | 4-5 working days |
Residence Visa (Priority) | 1-2 working days |
Residence Visa (Resubmission) | 1-2 working days |
Residence Visa Cancellation (Normal) – Investor/Partner | 3-4 working days |
Residence Visa Cancellation (Priority) – Investor/Partner | 2 working days |
Residence Visa Cancellation (Normal) – Employee | 3-4 working days |
Residence Visa Cancellation (Priority) – Employee | 1-2 working days |
Entry Visa Cancellation (Normal) – Investor/Partner | 3-4 working days |
Entry Visa Cancellation (Priority) – Investor/Partner | 1-2 working days |
Entry Visa Cancellation (Normal) – Employee | 3-4 working days |
Entry Visa Cancellation (Priority) – Employee | 1 working day |
Entry Visa & Residence Visa Cancellation | 1-2 working days |
Our PRO Services in Sharjah Media City covers a vast scope of administrative and document clearing services.
Our expert team of trained professionals is well-experienced to deal with all the Government departments for document clearing and obtaining approvals.
Our exclusive PRO Services Package for Sharjah Media City covers:
Contact us now for the hassle-free company formation in SHAMS Free Zone.
We welcome and celebrate different perspectives to help our firm, our clients and our people.