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Schedule forSchedule forAbout Company Formation in SHAMS
- Steps Included
- Requirements
- Documents
- Benefits of Business Setup in SHAMS
- Permitted Business Activities
- The first step is to identify the business activity you’d like to pursue within SHAMS and choose an appropriate company name. Do keep in mind that the name should not have objectionable phrases, acronyms, or well-known trademarks. This first step sets the tone for your setup.
- The next step would be to select your legal structure and the appropriate license for your business. Choose a Limited Liability Company (LLC), sole proprietorship, or overseas company branch for your venture. After defining your structure, choose the license type (service, trading, industrial, or holding) that matches your firm.
- The free zone is made for businessmen like you! SHAMS customizes licensing packages based on business size, activities, visas, and office space. Make sure you review these packages to choose the one that best matches your operational and budgetary requirements.
- Simply apply online. You will find a form to fill out on the SHAMS digital platform application after choosing your business activity, legal structure, and license bundle. Make sure you provide details such as license duration, visa requirements, and office facility preferences to speed up the process.
- Gather all legal paperwork for your application. This contains your ID, onboarding form, UBO form, and business plan. Your parent company's Certificate of Incorporation and other paperwork may be needed to open a branch.
- Once your application and documentation are complete, pay the package charge. SHAMS' affordable fees help firms allocate resources.
- SHAMS issues trade licenses after reviewing applications and supporting documents. Once your business registration is complete, you are allowed to start operations.
- SHAMS business setup opting to manufacture, assemble, mold, and transform items needs to have an industrial license.
- A trading license will permit the company formed in SHAMS to export, import, and re-export products and goods without limitations.
- You must obtain a service license if you are considering company formation in SHAMS that offers different types of services.
- Business setup holding stakes in other companies, which are operating in different fields including real estate, patents, and trademarks needs to acquire a holding license.
SHAMS may require additional permits or documentation depending on your business activity or license type (media, consultancy, IT, or trading). Check for activity-specific submission requirements.
- Valid passport copies
- Completed application form or onboarding form
- Prepare a detailed business plan
- Prepare a UBO (Ultimate Beneficial Owner) form
- Memorandum and Articles of Association (for companies)
As a business owner or an investor, SHAMS may be ideal for you to begin your operations. Here are some compelling reasons why you should consider Sharjah Media City for your business setup:
- Strategic Location: Sharjah Media City Freezone (SHAMS) is conveniently located 10 minutes from Sharjah International Airport and 30 minutes from Dubai International Airport, making it convenient between Dubai and the Northern Emirates. Its prominent location makes it a suitable base for international commercial operations.
- 100% Foreign Ownership and Tax Benefits: Another advantage is that you receive financial benefits from free zones, including tax breaks for individuals and corporations, and full repatriation of profits and capital. For companies to keep these tax breaks, they have to follow the UAE's corporate tax rules, which include:
- Qualifying Free Zone Person (QFZP) status: For companies to be eligible for the 0% corporate tax rate, they must meet certain requirements, such as making money from qualifying activities and keeping enough economic substance in the UAE.
- Cost-Effective and Efficient Company Formation: Are you tired of spending too much and waiting too long to set up your company? SHAMS has competitive startup fees and economical licensing packages. The fast, 100% online company incorporation process frequently obtains license approvals within a few days. This efficiency reduces administrative tasks, letting you build your firm faster.
- Flexible Business Solutions: With SHAMS, you needn’t be worried about having to work under rigid business regulations. The freezone offers various business operations under a single license for startups and existing firms. It benefits freelancers and small enterprises by offering flexible solutions without office space.
- Vibrant Business Environment and Comprehensive Support: Whether you are an existing business owner or an entrepreneur,SHAMS has got your back. The free zone fosters entrepreneurial innovation and collaboration as a creative hub. Beyond the physical infrastructure, it offers concierge services like bank account setup, visa assistance, networking events, and business training to help enterprises start swiftly and grow in a supportive environment.
SHAMS supports 120+ business operations. This diversity benefits media and creative entrepreneurs, but it also includes the following:
- Media and Creative: Advertising, publishing, television, filmmaking, digital content.
- E-Commerce: Online stores, markets, and IT companies.
- Information Technology: Software development, IT consulting, and tech services.
- Consulting and Training: Business consultancy, management advisory, and professional training.
- Events and Exhibitions: Event, conference, and exhibition planning.
- Education and Training: Language schools, vocational training, and other educational services.
- Health and Wellness: Fitness, health services, and wellness centers.
- Real Estate and Trading: Property management, real estate consulting, and trade.
Each activity has its own approvals and documentation requirements, so be sure your license package matches your business goals.
Schedule forSchedule forKhawajaasif Shehzad
Very cooperative and professional staff.. I'm very thankful to Mam Reshma for assisting me and guiding me through every single process.
Arun Iyer
From the moment I engaged with Kiltons, I have been consistently impressed with their commitment to customer satisfaction. The staff members have been not only knowledgeable and professional but also incredibly attentive to my needs. They have gone above and beyond to ensure that my experience with their services has been seamless and enjoyable.
Yadhu krishna
Our experience with Kiltons Business Set-Up Services has been remarkable,We are grateful for their expertise and support.A special shoutout to Pravya and Vincy for their exceptional support and professionalism. Highly recommended!
Ras Media
Their services are of the highest quality, and I want to specifically acknowledge the excellent support from Pravya and Vincy. Thank you for your great service.
Faisal Al Neela
KILTONS exceeded my expectations! Their service is top-notch, and I couldn't be more impressed. Tania, in particular, deserves special recognition for her professionalism and efficiency. She patiently addressed every question I had and ensured the entire process was completed swiftly. I highly recommend KILTONS to anyone in need of business setup services in UAE.
Husam Aamer
I highly recommend Kiltons for anyone looking to start a business in Dubai. We recently used Kiltons to set up a business in Dubai Meydan FZ, and it was a breeze. They handled everything from registration to partners resedency and bank accounts with ease. What stood out was their responsiveness; they were always there to answer my questions. A big thank you to Tania for her invaluable support.
Mohd Shams Alam
I engaged with Kiltons, I have been consistently impressed with their commitment to customer satisfaction. The staff members have been not only knowledgeable and professional but also incredibly attentive to my needs. They have gone above and beyond to ensure that my experience with their services has been seamless and enjoyable.... true business consultant.
Teja Alapati
Approached Kiltons for forming a free zone company ,the entire process was an absolute breeze. Miss Reshma was very helpful and a delight to work with. Our company was setup within 4 days , zero hassle involved. Would highly recommend Kiltons for anyone looking to do business in the UAE.
Shaila salim
Kiltons exceeded my expectations with their exceptional business setup services. Knowledgeable staff and personalized assistance made the process stress-free.
Aamiya Ebrahim
It was such a wonderful experience all the staff were well trained and they are treating the clients as one among them. it's very easy to approach and clarify all doubts with them. The patience and support offered by them are really appreciated.