Introduction to Shams Free Zone Business Setup in UAE
Shams Free Zone in UAE is rapidly emerging as one of the most attractive destinations for entrepreneurs seeking a cost-effective business environment. Located in Sharjah, Shams Free Zone offers a wide range of benefits, including full foreign ownership, 100% repatriation of capital and profits, and exemption from corporate and personal income taxes. This free zone is particularly appealing for startups, freelancers, and SMEs due to its affordable licensing options and minimal setup requirements. Whether you’re looking for the cheapest business license in UAE or the cheapest media license in UAE, Shams Free Zone stands out as a prime choice. With streamlined procedures and flexible office solutions, business setup in Shams Free Zone provides a unique opportunity for both new and established businesses to thrive in a competitive market. If you’re considering a low cost business setup in UAE, Shams Free Zone should be at the top of your list.
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Why Choose Shams Free Zone in UAE?
Shams Free Zone in Sharjah has quickly become one of the most sought-after destinations for entrepreneurs and businesses looking to establish themselves in the UAE. Here are some compelling reasons why Shams Free Zone is an excellent choice for your business setup in the UAE:
1. Cost-Effective Business Setup
One of the primary reasons to choose Shams Free Zone is its affordability. It offers some of the cheapest business licenses in the UAE, making it an ideal choice for startups, freelancers, and small to medium-sized enterprises (SMEs). Whether you’re looking for the cheapest media license in UAE or other specialized licenses, Shams Free Zone provides a variety of low-cost options that cater to diverse business needs.
2. 100% Foreign Ownership
Unlike many other business jurisdictions, Shams Free Zone allows for 100% foreign ownership without the need for a local sponsor. This is a significant advantage for international entrepreneurs who wish to maintain full control over their businesses.
3. Full Repatriation of Profits and Capital
Businesses operating in Shams Free Zone can enjoy the benefit of 100% repatriation of profits and capital. This means that you can easily transfer your earnings back to your home country without any restrictions, providing financial flexibility and peace of mind.
4. No Corporate or Personal Income Taxes
Shams Free Zone offers a tax-free environment, exempting businesses from corporate and personal income taxes. This makes it an attractive option for those seeking to maximize their profits and minimize their tax liabilities.
5. Streamlined Business Setup Process
The business setup process in Shams Free Zone is designed to be quick and straightforward. With minimal paperwork and a range of online services, you can establish your business within days, saving you time and effort. Shams Free Zone also offers comprehensive business setup services in Shams to assist you every step of the way.
6. Diverse Range of Business Activities
Shams Free Zone accommodates a wide variety of business activities, from media and consultancy services to trading and e-commerce. This diversity allows entrepreneurs to explore different business opportunities within a supportive and dynamic environment.
7. Flexible Office Solutions
Shams Free Zone provides a range of flexible office solutions, including shared desks, dedicated offices, and virtual offices. These options cater to the specific needs of your business, whether you’re a freelancer or a growing company.
8. Strategic Location
Located in Sharjah, Shams Free Zone offers easy access to key markets in the UAE and the wider Middle East. Its proximity to major transport links, including airports and seaports, makes it a strategic hub for businesses looking to expand regionally and globally.
9. Supportive Business Environment
Shams Free Zone is committed to fostering a supportive business environment, offering access to networking opportunities, business events, and a community of like-minded entrepreneurs. Additionally, the best business setup consultants in UAE are available to provide guidance and support, ensuring your business thrives in this competitive market.
Know More About Free Zone in UAE
By choosing Shams Free Zone for your business setup in UAE, you can take advantage of these benefits and position your company for success in one of the most vibrant and growing economies in the world.
Types of Licenses Offered in Shams Free Zone
Shams Free Zone in the UAE offers a variety of business licenses tailored to different industries and business activities. Whether you are a freelancer, a small business owner, or a large corporation, Shams Free Zone provides flexible and cost-effective licensing options to suit your needs.
Read Post: IFZA Free Zone in Dubai:
Below are the main types of licenses available:
1. Service License
A Service License allows businesses to provide services across various sectors, including consultancy, IT, marketing, and more. This license is ideal for professionals and companies offering specialized services to clients both within the UAE and internationally.
- Examples of Activities:
- Business consultancy
- Management services
- IT solutions
- Marketing and advertising services
2. Trading License
A Trading License enables businesses to engage in the buying and selling of goods. This license is suitable for companies involved in general trading, import-export, or e-commerce activities. Shams Free Zone offers a wide range of trading activities that can be covered under this license.
- Examples of Activities:
- General trading
- E-commerce
- Import and export of goods
- Wholesale and retail trade
3. Industrial License
An Industrial License is designed for businesses involved in manufacturing, production, and industrial activities. This license allows companies to operate factories, assemble products, and engage in industrial processes within the Free Zone.
- Examples of Activities:
- Manufacturing and assembly
- Packaging and distribution
- Industrial production
4. Holding License
A Holding License allows businesses to hold assets and shares in other companies. This license is ideal for investors and businesses that want to manage their investments and subsidiaries under a single entity.
- Examples of Activities:
- Asset management
- Company holding
- Investment management
5. Freelance Permit
The Freelance Permit is specifically designed for individuals who wish to operate as freelancers in the UAE. This permit allows professionals in creative industries, media, technology, and other sectors to offer their services independently.
- Examples of Activities:
- Media production
- Graphic design
- Writing and content creation
- Web development
6. Media License
A Media License is tailored for businesses involved in the media, entertainment, and creative industries. This license is ideal for companies engaged in publishing, advertising, broadcasting, and other media-related activities.
- Examples of Activities:
- Film and video production
- Advertising and PR
- Publishing
- Digital media
7. Educational License
An Educational License is offered for businesses involved in educational and training services. This license is suitable for training institutes, tutoring centers, and companies offering educational consultancy services.
- Examples of Activities:
- Training institutes
- Educational consultancy
- Professional development courses
- E-learning platforms
Cost of Business Setup in Shams Free Zone
When considering a business setup in Shams Free Zone, it’s essential to understand the various costs associated with different packages and services.
Calculate your business setup cost.
Shams Free Zone offers several packages to cater to various business needs, including media, standard, and immigration-related expenses. Below is a detailed breakdown of the costs:
1. Media Package
The Media Package is tailored for businesses involved in media-related activities. This package covers any 5 media activities. The cost structure is as follows:
Package Type | Cost |
---|---|
Media Package | AED 5,750 |
Media Package with Visa Allocation
Number of Visas | Price (AED) |
---|---|
0 | AED 5,750 |
1 | AED 7,350 |
2 | AED 8,950 |
3 | AED 10,550 |
4 | AED 12,150 |
5 | AED 13,750 |
6 | AED 15,350 |
7 | AED 16,950 |
8 | AED 18,550 |
9 | AED 20,150 |
10 | AED 21,750 |
Includes:
- Coverage for any 5 media activities
- Additional services can be tailored to specific needs
2. Standard Package
The Standard Package is a versatile option for businesses needing a mix of any 5 activities. The cost is determined by the number of visas allocated. Below is the cost breakdown:
Package Type | Cost |
---|---|
Standard Package | AED 6,857 |
Standard Package with Visa Allocation
Number of Visas | Price |
---|---|
0 | AED 6,875 |
1 | AED 8,475 |
2 | AED 10,075 |
3 | AED 11,675 |
4 | AED 13,275 |
5 | AED 14,875 |
6 | AED 16,475 |
7 | AED 18,075 |
8 | AED 19,675 |
9 | AED 21,275 |
10 | AED 22,875 |
Includes:
- Business license
- Share Register
- Lease agreement
- Memorandum
- Incorporation Certificate
Discounts:
- 2% discount for 2 years
- 3% discount for 3 years
- 5% discount for 5 years
- 10% discount for 10 years
Additional Costs:
- Additional Visa Allocation: AED 1,600
- Costs are locked for the company’s life, with the renewal price remaining the same if no changes are made.
3. Immigration and Other Related Costs
The following table outlines the costs related to visas and other immigration services in Shams Free Zone:
Service | Cost (AED) |
---|---|
Economic Register Fee | 10 |
Establishment Card Registration (2 Years) | 640 |
E-Channel Registration | 2,280 |
Visa New: Investor / Employee (2 Years) | 2,200 / 3,360 |
Normal Medical Fee (Al Taj) | 365 |
Change of Status (if required) | 700 |
Emirates ID – Application Typing | 330 |
Additional Visa Allocation | 1,600 |
E-Channel Renewal | 1,350 |
Establishment Card Update | 605 |
Setting up a business in Shams Free Zone provides various options tailored to your specific needs. Whether you’re opting for the Media Package or the Standard Package, Shams Free Zone offers competitive pricing and flexible packages. The additional costs for immigration and related services are straightforward and necessary for compliance and operational efficiency.
Comparison with Other Free Zones
When choosing a free zone for your business setup in the UAE, it’s essential to compare the starting packages offered by different free zones.
Read Post: Meydan Free Zone in Dubai:
Here’s a comparison of the starting packages across various free zones, including Shams Free Zone, which is known for its competitive pricing.
Free Zone | Starting Package (AED) |
---|---|
Shams Free Zone | AED 5,750 |
RAKEZ Free Zone | AED 6,000 |
Meydan Free Zone | AED 12,500 |
IFZA Free Zone | AED 12,900 |
SRTIP Free Zone | AED 5,500 |
SPC Free Zone | AED 5,750 |
JAFZA Free Zone | AED 9,000 |
DUQE Free Zone | AED 12,500 |
DAFZA Free Zone | AED 25,000 |
DMCC Free Zone | AED 33,000 |
DIFC Free Zone | AED 30,000 |
Read Post: RAKEZ Business setup and costs:
Description:
- Shams Free Zone offers the most affordable starting package at AED 5,750, making it an excellent choice for businesses seeking low cost business setup in UAE.
- RAKEZ Free Zone is slightly higher at AED 6,000, while Meydan Free Zone and IFZA Free Zone provide packages at AED 12,500 and AED 12,900, respectively, reflecting their premium services and facilities.
- SRTIP and SPC offer competitive pricing similar to Shams Free Zone, starting at AED 5,500 and AED 5,750.
- For those looking at more established free zones, JAFZA starts at AED 9,000, and DUQE at AED 12,500. The more exclusive zones like DAFZA, DMCC, and DIFC offer higher starting packages, reflecting their premium status and business opportunities.
Conclusion
In the dynamic landscape of business setup in the UAE, Shams Free Zone stands out as a compelling choice for entrepreneurs and companies looking to establish their presence in the region. With its affordable pricing, flexible license options, and comprehensive support services, Shams Free Zone offers a practical and cost-effective solution for business setup in UAE. The Shams Free Zone is particularly attractive for startups and small businesses due to its low cost business setup in UAE. The pricing structure, including packages such as the Media Package and Standard Package, is designed to cater to various business needs while ensuring cost-efficiency. The visa allocation options are also tailored to accommodate growing businesses, providing flexibility in managing operational needs.
Additionally, the media license cost in UAE through Shams is among the cheapest, making it an ideal option for media and creative industries. The transparent cost structure ensures that businesses can plan their budgets effectively, with clear insights into additional expenses such as visa fees and immigration costs. Whether you are looking for the cheapest license in UAE, need guidance on business setup services in Shams, or require support in understanding business setup in Sharjah cost, Infibiz is your trusted partner. Contact us today to explore how we can assist you in setting up your new business in Shams and capitalize on the opportunities that await in this vibrant free zone.
Why Choose Infibiz for Business Setup in Shams Free Zone?
When it comes to business setup in Shams Free Zone, partnering with a reliable and experienced service provider can make all the difference.
Book Free Consultation with Infibiz’s Experts.
Here’s why Infibiz should be your top choice for establishing your business in this dynamic free zone:
1. Expertise in Free Zone Business Setup
Infibiz is renowned for its deep understanding of the free zone business setup in UAE. Our team possesses extensive knowledge of the regulatory requirements, procedures, and best practices involved in setting up a business in Shams Free Zone.
2. Tailored Solutions for Your Business Needs
We offer personalized business setup services in Shams, tailored to meet your specific needs and goals. Whether you are looking for a media license, a standard package, or have unique business requirements, Infibiz provides customized solutions that align with your objectives and budget.
3. Cost-Effective and Transparent Pricing
Infibiz is committed to providing low cost business setup in UAE without compromising on quality. We offer transparent pricing and clear insights into all associated costs, including licenses, visas, and additional fees.
4. Comprehensive Support Services
Our services include assistance with documentation, visa processing, office space arrangements, and compliance with local regulations. We ensure that every aspect of your business setup in Shams Free Zone is handled efficiently.
5. Proven Track Record
Infibiz has a proven track record of successfully assisting businesses with business setup in Shams Free Zone and other free zones in the UAE. Our satisfied clients include startups, SMEs, and large enterprises, all of whom have benefited from our professional services and expertise.
Choosing Infibiz means choosing a partner dedicated to making your new business setup in UAE as smooth and successful as possible.