Sharjah Media City (Shams) launched in January 2017 in the emirate of Sharjah to cater to the growing media sector. Similar free zones are present across the UAE.
TwoFour54 in Abu Dhabi and Dubai Media City in the heart of Dubai. The United Arab Emirates has seen relative success in the development of media free zones. For example, Abu Dhabi has attracted international film production to the emirate including ‘Star Wars: The Force Awakens’, whilst CNN, Sky News and others have established bureaus using such media zones.
Why Shams Free Zone?
Shams Free Zone stands out from other media free zones because of its low startup costs. In addition, they have some unique offerings aside from the typical type of business licenses.
- Social Media Influencer Package:
If you are a social media influencer or paid blogger, Shams can assist you with the National Media Council (NMC) permit to act as such. Those operating without a license can risk a fine and closure of their social media accounts.
- Holding License:
A license that is specifically created to control other companies, property such as real estate, patents, trademarks, stock and other assets. This license is sold exclusively through Shams Registered Agents.
One of the key goals of this jurisdiction is to make things simple for business owners. If all paperwork is filed correctly, the authorities take around one week to provide you with a business license.
The free zone holds networking events and conferences where business owners can get together and collaborate. The goal is to facilitate and provide a rich environment where businesses can thrive and benefit from each other.
The Five Steps to Launch Your Business at Sharjah Media City
The first step is to register through their online portal and decide what type of company you want. The options are Service License, Trading License, Industrial License or Holding License.
The second step is to select the facility for your business. You have the option to get a dedicated desk/office, or a shared desk/office.
The third step is to submit the application forms and documents. You can either do the submission on your own or through a consultant.
The fourth step is payment based on the invoice raised by Shams FZ. Alternatively, you can have your consultant make the payment on your behalf.
The fifth and final step is the collection of the business license to commence trading under your new business. Unlike many other media Free Zone options, you do not have to block a large share capital amount with your bank in order to get your license.
Concierge Services at Shams FreeZone
The free zone is aware that business owners are short on time and require services as swiftly as possible. They have created a special section on their website under “Concierge Services” which can assist you with the following things:
- Dependent Visas
- Emirates ID
- Phone Answering Services
- Car Registration
- Medical Test VIP Services
- Corporate Banking
- Document Translation & Attestation
- Mail Management and PO Box registration
With the simple click of a mouse, you can avail these services without having to deal with third parties. They hope to provide a larger set of such services as they grow.
Launch Without Stress
While Shams has streamlined their incorporation process, it is important to keep in mind that you may require multiple trips to the free zone to get your license. A consultant can review the documents and interact with the free zone on your behalf. In other words, they help to remove the risk of costly delays.
Above all feel free to contact us for a no obligation consultation and we can help you launch your next business at Shams Free Zone!