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Advantages Of Business Setup In Shams Free Zone

Author: Izrar Ulhaq
by Izrar Ulhaq
Posted: May 04, 2017

Sharjah is one of the most blooming countries in the Middle East. It is completely fantastic to see the amount of achievement that Sharjah has reached and Sharjah Media City free zone is one of these great accomplishments that Sharjah has revealed. SHAMS free zone has taken the charge to give a chance to financiers who demands to start a business with 100% proprietorship. It focuses on providing special services for the people who want to register their name in the media business. The purpose is to start an initiative that can support all those who are stressed with their business. It aims to offer endless chances for people with boundless talent and inspiration.

Features of setting up a Company in Shams free zone Sharjah

Affordable formation Fee

It gives you the chance to form your company in a price which starts from AED 11500. The determination of charge this price is to keep it inexpensive for people who are currently hostile with their business2

0% Import or Re-Export Duties

By starting a business in Shams free zone you can forget about all the import and export duties. Shams free zone ensures you 100% free exemption from all these duties. There is no import as well as export duty on trade. You only have to worry about growing y our business.

Incorporation without Presence

You have the chance to start your corporation from any part of the world. You don’t need to be existent in the UAE at the time of Shams free zone company formation. This creates gives you the power to control your company from any part of the world.

Hassel Free Recruitment Process

Shams free zone Sharjah offers you the most low-cost ways to work by providing the best and easy procedures for the recruitment process. It also ensures sensible work force.

Free Repatriation of Profit

You don’t have to concern about the extra charges on the transfer of funds. Shams free zone makes sure you 100% free transfer of all of the profit and funds that you make.

100% Ownership of the Company

You will have the power and right to own a 100% foreign ownership in both Shams free zone as well as Hamriyah free zone for your company setup. In other word you don’t need to hire a local sponsor in Sharjah media city free zone.

Fast Incorporation Process

It makes all the paper work very easy for you as it assurances to issue all the documentation in a period of 2 days maximum.

Multiple Activities with Multiple Visas

You will have the access to a wide range of activities that will shield trading, services and industrial licenses that too with multiple visas.

Types of License Offering in Sharjah Media City free zone

Sharjah Media City free zone offers a license that will permit people to start their companies. This will give them the power to operate and work in Sharjah Media City free zone. It offers the following different types:

Trading License: This license allows its holders to trade goods. This means they will be certified to sell goods in the form of exportation. They will also be permitted be allowed to work within Sharjah Media City free zone by selling, marketing and movement of goods, retail sale of product and the services required along with the sale of these goods. The final steps in the delivery of goods include retailing and wholesaling.

Service License: this type of a license will give the opportunity to supply, transformation, re-production and production of services. With the help of this license people will have the power to render services and utilizing goods

Industrial License: this license focuses on the making, alteration and re production of goods.

Documents Required for Business Setup in Shams free zone Sharjah

  1. Passport of Shareholders: It requires the copies of the passports of the shareholders with colored prints along with the page that shows your visa on it. Or you can also provide the last stamp that denotes your entry in UAE
  2. Application Form: It requires a completely filled application form from authorized signatory.

For Sharjah business setup you need to consider a few entity and adapt it when you are implementing you plan; to lunch your business in Shams free zone sharjah, or simply we can say that when you are going to Sharjah free zone Company formation. You need the following couple of core matters to be considered. First thing first you need to think that where to start your business. Because UAE is made of seven emirates and all have their own rules and his own regulations. The procedure for setting up business in Sharjah has different rules from business setup in other part of the UAE

About the Author

We are Corporate Advisory firm with a broad range of expertise in business setup in Dubai Offshore company formation, LLC company setup, professional Company Formation and PRO Services.

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Author: Izrar Ulhaq

Izrar Ulhaq

Member since: Apr 07, 2017
Published articles: 24

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