Five Reasons to Setup a Company in Shams Free Zone

Business setup in Shams Free Zone is beneficial for social media influencers and businesses in the media sector. ‘Shams Free Zone’ is the abbreviation for Sharjah Media City Free Zone. It was founded in the year 2017.

setup a company in Shams Free Zone is popular thanks to the easy and cheap formation process. Sharjah Media City(Shams) Free Zone enables companies to expand both locally and internationally.

Company setup in Shams Free Zone is lucrative for all aspiring SMEs, startups, corporations, etc. Thanks to the numerous benefits that it provides to businesses of all sizes, Shams Free Zone is acclaimed to be the best economic zone for businesses in the media sector that are looking for a bright future.

Five Advantages of Starting Your Business in Shams Free Zone

Business Setup in Shams Free Zone has a lot of benefits. On top of that, it is very easy to start a business here with the help of Company Setup consultants. They will not only help you get a budget-friendly company formation but also help you with the visa and corporate bank opening process.

Here are the top five reasons why you should setup a company in Shams Free Zone:

1. Cost-Effective

One of the costliest aspects of starting a business is the office space. However, when starting a business in Shams Free Zone, you can start with a shared desk space, which is one of the cheapest options you can find in the UAE.

You can setup a company in Shams Free Zone for as low as AED 8,050. Other benefits like 0% corporate and personal taxes, 100% repatriation of capital and profits, etc. ensure they are cost-effective even after the formation of the company.

2. Easy Setup Process

The company formation process is very quick and hassle-free. If you are starting your company through Company Setup consultants, then you do not need to be physically present to get your company started in Shams Free Zone. After the formation of your company here, you can hire staff without the need for Ministry of Labor contract certification.

3. Strategic Location

Shams Free Zone is located in a strategic geographical location that is beneficial for a business situated here. It is just a 5-minute drive away from Sharjah Airport and a 15-minute drive from Dubai Airport.

It is well connected to both the Emirates of Sharjah and Dubai. These make Shams Free Zone the best place for foreign media companies looking to get started in the UAE.

4. Versatile Business Trade Licenses

Shams Free Zone provides four types of business license that caters to the need of different types of company. Each trade license allows a wide variety of business activities that give businesses a lot of breathing space. For an additional fee, companies can add even more business activities in a single license.