Sharjah Free Zone is recognized as a key logistics and maritime trading hub in the UAE, strategically positioned between Africa, Europe, and Asia, with access to major trading routes. Entrepreneurs from around the world choose to establish businesses here due to its affordable rental rates, skilled workforce, and low crime rate. Governed by the Sharjah Media City Authority (SHAMS), this free zone offers numerous benefits, including:
- 100% Repatriation of Profits
- A Wide Range of Potential Business Activities
- Access to Bank Accounts
- No Annual Audits
- Multiple Activities Under a Single License
- Streamlined Registration Process
- Minimal Bureaucratic Red Tape
With over 20 years of experience, YUGA Accounting & Tax Consultancy is your reliable partner for setting up your business in SHAMS. We manage every aspect, from obtaining licenses to establishing legal frameworks and processing visa applications, ensuring a smooth and efficient business setup from beginning to end.
Select Your Business License
In Sharjah Media City Free Zone, business licenses are available for a range of activities:
01) Service License
Service-oriented businesses, including consulting firms, marketing agencies, IT companies, and educational institutions, need a Service License. This license allows companies to provide specific services within the Sharjah Media City Free Zone.
02) Trading License
This license is intended for companies involved in trading activities, including importing, exporting, distributing, and selling goods within the Sharjah Media City Free Zone. It enables businesses to conduct trading operations efficiently and legally.
03) Holding License
A Holding License is intended for companies that manage assets, investments, or intellectual property rights. It allows businesses to oversee and control their assets within the Sharjah Media City Free Zone without participating in operational activities.
04) Industrial License
Businesses engaged in manufacturing, production, or industrial activities need an Industrial License. This license authorizes companies to set up and operate industrial facilities within the Sharjah Media City Free Zone, allowing them to produce goods for sale or distribution.
Necessary Documents and Procedures to Acquire Your Business License
Obtaining a business license in SHAMS is a simple process. Follow these steps for applying, and make sure you have the necessary documents ready:
Steps to Get Your Business License
- Choose Your License Type
- Pay Licensing Fee
- Submit Application with Necessary Documents
- Choose the Type of Office You Need
- Obtain Your License
Required Documents
- Emirati ID
- NOC
- Office Lease Agreement
- Shareholders’ Passport Copies
- Any Required Approvals
Business Entities Permitted in Sharjah Media City Free Zone
When setting up your business in Business Setup in Sharjah Media City Free Zone(SHAMS) , you have these options:
01) Free Zone Company (FZC)
Allows multiple shareholders, ideal for businesses with several owners.
02) Branch Company
Extension of a parent company registered outside Sharjah Media City Free Zone(SHAMS), enabling operation under existing name and structure.
03) Free Zone Establishment (FZE)
Single shareholder entity offering complete ownership.