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SHAMS Free Zone in Sharjah is a prime spot for entrepreneurs to start a UAE business. Opened in 2017, it offers 100% foreign ownership, no taxes, and easy registration, especially for media, tech, and consultancy sectors. Close to Dubai with modern infrastructure, SHAMS is ideal for startups aiming for local and global growth.

This guide covers all you need to know for setting up in SHAMS—from license types and costs to the step-by-step process—ensuring a smooth start in Sharjah’s dynamic business environment.

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Types of Business Licenses Offered in SHAMS Free Zone

Mainland Company

Consultancy

This license is ideal for professional services, covering fields such as management, media, and marketing consulting—suited for both individual consultants and established firms.

Free Zone Company

Media License

Tailored for creative and media businesses, this license supports activities like digital media, audiovisual production, journalism, and publishing, aligning with SHAMS’ role as a media hub.

Offshore Company

Trading License

For businesses involved in the import, export, and sale of goods, this type of license accommodates wholesale, retail, and e-commerce operations, benefitting from SHAMS’ strategic location.

Offshore Company

Freelance Permit

Ideal for independent professionals, this permit allows freelancers like designers, writers, and consultants to operate legally in the UAE without needing a physical office.

Step-by-Step Process for Setting Up a Company in SHAMS Free Zone

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Choose Your Business Activity and License Type

Based on your business goals, select the primary business activities you plan to engage in, as SHAMS Free Zone offers flexibility to combine multiple activities.

Decide on the appropriate license type (e.g., Consultancy, Media, Trading) that aligns with these activities.

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Select a Company Structure

Choose between forming a Limited Liability Company (LLC) or setting up a Branch if you’re expanding an existing company. Each structure has its own requirements and legal implications.

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Choose a Business Name

Your company name should be unique, comply with UAE naming conventions, and avoid any offensive or restricted terms. It’s a good idea to submit multiple name options in case your first choice is taken.

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Submit Required Documents

Provide essential documents, which typically include:

  • Passport copies of shareholders and directors
  • Proof of residence or visa status (if applicable)
  • Bank reference letters or business plans for certain business types

These documents will need to be submitted to SHAMS Free Zone authorities or through your chosen setup consultant.

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Make the Necessary Payments

Complete the payment of setup fees, which vary based on your chosen license and visa package. Payment secures your application and initiates processing.

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Complete Visa Processing

If your business requires visas for employees or shareholders, SHAMS Free Zone offers packages allowing up to six visas. Once approved, you can also sponsor family members if needed.

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Receive Your Business License

Once your application is processed and approved, SHAMS Free Zone will issue your official business license, legally authorizing your company to operate.

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Benefits for Business Setups in SHAMS Free Zone

100% Foreign Ownership

Tax-Free Operations

Flexible Business Activities

Efficient Setup Process

Modern Infrastructure

Visa Flexibility

Documents Required for Business Setups in SHAMS Free Zone

  • Passport Copy: For each key person’s ID check.
  • Photos: Passport-size for UAE visa.
  • Residency/Visa Proof: For UAE residents.
  • MoA and AoA: Company structure details.
  • Board Resolution: Approves company formation.
  • Trade Name Certificate: Confirms company name.
  • Initial Approval: SHAMS go-ahead for setup.
  • Lease Agreement: For office space.
  • Capital Deposit Proof: Bank letter if needed.
  • Power of Attorney: For a representative.
  • Business Plan: Company goals and plans.
  • Bank Reference: Shows owner’s financial status.

Company Liquidation and De-Registration in Sharjah Media City Free Zone

  • Initiating the Process

    Submit a Board Resolution signed by all shareholders to start liquidation or de-registration.

  • Notifying SHAMS Authorities

    Send a written request to SHAMS for official liquidation or de-registration.

  • Settling Outstanding Obligations

    Clear all dues, like lease payments and utility bills. An NOC may be required.

  • Visa Cancellation & Employee Clearance 

    Cancel sponsored visas and process end-of-service benefits for employees.

  • Submitting Final Documentation

    Provide an audit report, clearance certificates, and original trade license for cancellation.

  • De-Registration Certificate

    Receive the final certificate marking the company’s official closure in SHAMS Free Zone.

Types of Office Space Options in SHAMS Free Zone

Shared Desk

Shared Desk

Ideal for freelancers or small businesses, offering a cost-effective co-working space with amenities like WiFi, meeting rooms, and printers.

Dedicated Desk

Dedicated Desk

A fixed desk in a shared space, providing stability and amenities, perfect for growing teams needing consistent space access.

Dedicated Office

Dedicated Office

Private, customizable offices for larger teams needing a secure workspace, ideal for in-office operations and team collaboration.

Types of Company Structures Allowed in SHAMS Free Zone

SHAMS Free Zone offers flexible company structures to fit different business needs:

Limited Liability Company (LLC)

An LLC limits shareholder liability to their investment, protecting personal assets. Available for individual or corporate shareholders, LLCs can apply for all license types (Consultancy, Media, Trading, Industrial).

Branch of an Existing Company

Existing companies can establish a branch in SHAMS, operating as an extension of the parent company. This structure is ideal for expanding into the UAE without creating a new legal entity.

Supported Business Activities in SHAMS Free Zone

Media Activities

  • Digital media and content creation
  • Broadcasting, publishing, and journalism
  • Event management, audiovisual production, and advertising
  • Graphic design, photography, and arts

Wholesale and Retail

  • General trading of goods, both wholesale and retail
  • E-commerce and online retail
  • Sale and repair of motor vehicles and machinery

Consultancy and Services

  • Management and business consulting
  • IT and tech consulting
  • Real estate services and financial consulting
  • Education, training, and professional development

Freelance Services

  • Individual professionals offering services in media, design, and consulting
  • Remote and flexible work options without the need for a dedicated office
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Shams Free Zone Company Setup Consultants

How Riz & Mona Consultancy Can Help?

Riz & Mona Consultancy is renowned as one of the top business setup consultants in Dubai, with over 15 years of experience facilitating a wide range of businesses throughout the UAE. Our deep connections with government officials and key authorities, combined with our extensive expertise in consultancy, streamline the process of establishing your business in Dubai. Additionally, we offer comprehensive financial, legal, and corporate services to support our clients throughout their business endeavors.

We are here to provide comprehensive support for your Shams Free Zone Company Setup, from preparing your documents to completing the process. Connect with us now to begin your journey with a FREE consultation!

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FAQS (Frequently Asked Questions)

Are there age requirements for setting up a business in SHAMS Free Zone?

Yes, applicants must be at least 19, and employees can be as young as 18.

Is physical presence required for company setup?

No, SHAMS allows remote setup, so you can establish your business from abroad.

Does the Freelance Permit allow multiple visas?

No, the Freelance Permit is for solo professionals and doesn’t include extra visas.

Is auditing mandatory for SHAMS companies?

Audits aren’t required for most small businesses, though larger companies may need to submit financial statements.

Does SHAMS provide support for events and networking?

Yes, SHAMS offers access to events and exhibitions, such as GITEX, to help businesses connect and grow.