Setting up a business can be a daunting task, especially when it comes to navigating through government regulations, licensing procedures, and operational costs. However, in the United Arab Emirates (UAE), numerous free zones make the process considerably more straightforward and cost-effective. One such free zone that has gained popularity in recent years is the Sharjah Media City Free Zone, commonly known as SHAMS. In this article, we will explore why obtaining a SHAMS free zone license can be your gateway to an affordable and hassle-free business setup in the UAE.
SHAMS is strategically located in the emirate of Sharjah, which is near Dubai and other key Emirates. This central location provides businesses with easy access to both local and international markets. Whether you’re targeting the UAE’s thriving economy or looking to expand your reach to the wider Middle East, SHAMS’ location makes it an ideal choice.
One of the primary advantages of choosing SHAMS for your business is its cost-effective setup options. Compared to many other UAE free zones, SHAMS offers competitive pricing for various types of licenses, including trading, service, and industrial licenses. This affordability extends to office space, making it an attractive proposition for startups and small to medium-sized enterprises (SMEs).
100% foreign ownership:
In SHAMS, you can enjoy 100% foreign ownership of your business. This means you have full control over your company, without the need for a local sponsor or partner. This level of ownership is not common in all UAE free zones and is a significant advantage for international entrepreneurs and investors.
Wide range of permissible activities:
SHAMS offer a diverse list of permissible business activities, ranging from media and creative services to trading, consultancy, and e-commerce. This flexibility allows entrepreneurs to explore various industries and business models, making it suitable for a broad spectrum of business ideas.
Streamlined licensing process:
SHAMS is known for its efficient and streamlined licensing process. The authorities are committed to providing a hassle-free experience for business owners, ensuring that you can get your business up and running quickly. This includes simplified documentation requirements and a responsive support team to guide you through the process.