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Sharjah Media City (Shams) Company Formation
Sharjah Media City also know as Shams is a rapidly growing free zone in the United Arab Emirates, catering to businesses within the media and creative industries. Established in 2017, Shams aims to foster innovation and provide a supportive environment for entrepreneurs and businesses to thrive. With its strategic location, state-of-the-art infrastructure, and a wide range of services, Shams has become an attractive destination for media professionals and businesses. In this blog, Choose UAE will explore the unique features of Sharjah Media City (Shams) and discuss the benefits of setting up a business in this dynamic free zone.
Company Formation Types in Sharjah Media City (Shams)
Sharjah Media City (Shams) offers a range of company formation types to meet the diverse needs of businesses. One option is the Shams Limited Liability Company (LLC), which requires at least one shareholder and offers a flexible business structure with a separate legal identity. The liability of the shareholders is limited to their share in the company’s capital, making it an ideal choice for businesses seeking limited liability protection. Another option is the Shams Branch Company, which allows an existing company, either local or international, to establish a branch in Shams and expand its presence in the UAE. The branch company operates under the same name and business activities as its parent company and is fully owned by it. In addition, Shams offers a Freelancer Permit for individuals in the media and creative industries looking to work independently. This permit allows professionals to work on multiple projects simultaneously and collaborate with various clients while enjoying the benefits of a free zone environment. With its range of company formation options, Shams provides entrepreneurs with the flexibility and freedom to establish their business in a way that suits their specific needs.
Benefits of Setting Up a Business in Sharjah Media City (Shams)
Sharjah Media City (Shams) is a renowned UAE free zone that offers a multitude of benefits to businesses planning to establish themselves in the region. Among its key advantages are the ability to retain full ownership without a local sponsor and tax exemptions on corporate and personal income. Shams enjoys a strategic location between Dubai and the Northern Emirates, granting easy access to essential business hubs, airports, and seaports. The free zone houses cutting-edge facilities, sophisticated communication systems, and an extensive range of business support services. Moreover, Shams simplifies company registration, licensing, and visa processes, making it a popular choice among entrepreneurs and businesses. The free zone promotes collaboration among media and creative industry professionals and presents various company formation options to accommodate different requirements. Overall, Shams is a top choice for companies looking to venture into the UAE. Contact Choose UAE to get started or use our cost calculator.
If you’re in the media or creative industry and seeking a supportive environment to grow your business in the UAE, Sharjah Media City (Shams) should be on top of your list. With its top-notch infrastructure, tax exemptions, and hassle-free processes, Shams provides an excellent opportunity for businesses to thrive. To ensure a successful business setup, consider seeking professional guidance from business setup consultants like Choose UAE.
How Can Choose UAE Help
Choose UAE is here to assist you in setting up your business in Sharjah Media City (Shams). Our team of experienced consultants is well-versed in the intricacies of company formation in the UAE and can guide you through the entire process, from selecting the right company formation type to handling the registration and licensing procedures. With our in-depth knowledge of the local business landscape and a commitment to personalized service, Choose UAE can help ensure that your business establishment in Shams is smooth and hassle-free. Let us be your trusted partner in realizing your entrepreneurial dreams in the UAE. Reach out to Choose UAE today to start your journey towards success in Sharjah Media City (Shams).