SHAMS Freezone Company Registration

Eligibility Requirements for SHAMS Free Zone Company Setup

The eligibility requirements for the SHAMS Free Zone company setup are as discussed below:

• Have a minimum of 1 shareholder, who may be a natural person or a legal organisation.
• No minimum capital is required for the SHAMS Free Zone company setup.
• Obtain a letter of recommendation from your bank.
• Choose a preferred office space that best suits your business needs.
• Secure a trade or business name with the relevant authorities.
• Comply with Ultimate Beneficial Ownership regulations.

Who Must Apply for SHAMS Freezone Company Formation?

The entities eligible to apply for SHAMS Freezone company formation are as discussed below:

• Individual shareholders looking for 100% ownership.
• New startups in need of cost-effective and flexible packages.
• Independent professionals and freelancing consultants.
• Business owners in specific industries.
• Parent companies looking to set up a branch.

How to Register Company in SHAMS Free Zone?

The step-by-step process to register company in SHAMS free zone is provided below:

1. Step: Determine Your Business Activity
   Initially, the applicant entities must determine permissible business activities and decide on an appropriate legal structure for their companies.


2. Step: Select the Correct License Type
   In the next step, the applicants must select the correct license type that best suits their business requirements in the SHAMS Free Zone.


3. Step: Reserve Your Trade Name
   The next step requires the applicant to choose and reserve a trade name that is not already in use with the relevant authorities.


4. Step: Prepare & Submit Documents
   In the next step, applicants must prepare and submit the necessary documents, which vary by business activity, for company registration in the SHAMS Free Zone.


5. Step: Pay Registration Fees
   In the next step, the applicable entities must pay the requisite registration and licensing fees for SHAMS Freezone company registration.


6. Step: Receive Trade License
   Upon complying with the requirements and payment of fees, the applicant entities must receive a trade license or certificate of incorporation in the SHAMS Free Zone.

What are the Types of Licenses Granted in Sharjah Media City Free Zone?

The different types of business licenses granted in Sharjah Media City Free Zone are as follows:

• Service License: A service licence is granted to allow the production, reproduction, transformation, and distribution of services, including rendering services as a primary objective and utilising goods to provide them.
• Trading License: A trading license is a license granted to ensure the import or export of goods, the sale of goods, or the rendering of services related to the sale of these goods.
• Industrial License: An industrial license ensures production, reproduction, transformation, and manufacturing of goods in the SHAMS Free Zone.
• E-Commerce License: An e-commerce license is issued to businesses, thereby enabling 100% foreign ownership and the online sale of products, with no physical office requirement, in Sharjah Media City Free Zone.
• Social Media Influencer License: A social media influencer license is granted to content creators, digital influencers, and online personalities, thereby allowing them to operate legally and modernise social media activities within the UAE.
• Holding License: A license is granted to hold assets/stakes for the purpose of controlling other companies, property such as real estate, patents, trademarks, stocks, and other assets.