Sharjah Media City (Shams) is a dynamic free zone in the UAE designed to foster creativity, innovation, and business growth in the media, entertainment, and technology sectors. Located in Sharjah, it provides a thriving environment for startups, freelancers, and established businesses alike, offering a range of benefits and facilities for entrepreneurs and companies looking to establish a presence in the region.
Strategic Location
- Located in Sharjah, close to Dubai and major transport hubs like airports and seaports, ensuring easy access to local, regional, and global markets.
Ownership
- 100% Foreign Ownership : SPFZ allows full foreign ownership of businesses, so no local sponsor or partner is required.
Flexible Company Structures
- Offers options such as Free Zone LLC, Branch of a Foreign Company, and Freelancer Permits, allowing businesses to choose the structure that suits their needs.
100% Foreign Ownership
- Businesses can have full foreign ownership, allowing international entrepreneurs to fully control their operations.
Corporate Tax
- A 9% corporate tax will be applicable on net profits exceeding AED 375,000
Cost-Effective Setup
- Affordable and competitive pricing, with a fast and simple company registration process, making it an attractive option for startups and small businesses.
No Office Space Requirement for Freelancers
- Freelancers can operate without a physical office, significantly reducing operational costs.
Access to a Wide Range of Business Activities
- Supports various industries including media, technology, marketing, design, and education, offering diverse business opportunities.
World-Class Infrastructure
- Provides state-of-the-art office spaces, warehouses, and business support services to foster growth and innovation.
Networking and Collaboration
- A collaborative environment with opportunities for networking, attending industry events, and engaging in conferences and exhibitions.
Regulatory Support and Legal Framework
- Operates under a flexible regulatory environment, simplifying the process of establishing a business and ensuring legal clarity.
Access to Global Talent
- Attracts skilled professionals from around the world, providing businesses with access to a diverse talent pool across various industries.