SHAMS

Sharjah Media City

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Benefits of setting up a business in SHAMS

  • 100% foreign ownership
  • Zero corporate and personal income tax
  • Company end name will be LLC
  • Cost effective licensing
  • NOC is not required to start your business
  • No annual audit report
  • Big list of available activities under Trading, Service and Industrial licenses
  • No physical presence in the UAE is required to incorporate your company
  • No paid up share capital
  • Flexible visa solutions
  • Allocation of up to 6 visas on a shared desk facility
  • Companies will be limited in liability
  • Located 15 minutes from Dubai Airport and 5 minutes from Sharjah Airport

Types of licences

  • Service License
  • Trading License
  • Industrial License

Business facilities in Shams

  • Company setup options starting from Dhs. 11,500;
  • Physical presence in the UAE not required to incorporate your new company;
  • No need of NOC to start your own company;
  • No paid-up Share capital or Annual Audit;
  • 100% foreign ownership;
  • 100% repatriation of capital and profits;
  • 100% free transfer of funds;
  • 0% import and export duties;
  • % Corporate tax for 50 years;
  • All documentation issued in 2 days;
  • Inexpensive workforce and easy recruitment procedures;
  • Vast activities covering Services, trading and Industrial licenses with multiple visas;

Benefits:

IFZA offers a wide range of business activities, including consultancy, service, trade and industry options.

All licenses are registered with a structure of LLC which is an independent entity whereby the company structure separates the owners and shareholders from the company. With the LLC company the owners are able to sponsor employees and open bank accounts.

IFZA processing is streamlined insuring a fast turnaround.

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