Free Zone Company Formation in Sharjah Media City (Shams)
What are the benefits of forming a company in SHAMS?
- 100% foreign ownership
- 0% corporate tax
- No restriction on capital repatriation
- 0% import or re-export duties
- 0% personal income tax
- 0% currency restrictions
- 0% restriction on foreign talent or employees
- Ability to mortgage your premises to a bank or financing company
- Onsite Customs
- It is one of the designated zones
How can Al Nuaimi Auditors help you with Free Zone Company Formation in Sharjah Media City (Shams)?
- Review all the essential requirements of your business activities to suggest the best free zone where you can open your Company in the UAE.
- Support you in strategizing your business plan.
- Assistance in preparing the application form which has to be submitted to the Free zone authority.
- Getting your trade name approval, Initial Approval and security approval
- Attesting the legal documents from the concerned department of the authorities for corporate clients.
- Drafting the MOA of the company.
- Proper guidance while selecting the warehouse/s or offices.
- Support and guidance for E – channel registration and obtaining the establishment card.
- Assistance for opening your company bank account/s and personal bank account.
- Visa assistance for employees as well as investors.
- Selection of suitable employees for your new formed company
- Proper guidance while appointing an auditor, as having an auditor is a compliance requirement for free zone companies.
- VAT Compliance and Advisory support for VAT Registration| VAT Implementation| VAT Return Filing
- Provisions for Accounting & Book Keeping services
- Support for Company Liquidation
- To add or remove existing shareholder or Director
- To change the trade name of the company.
- To produce additional company documentation (Certificate of Incumbency, Certificate of Good Standing, etc.)
- To increase or decrease your company share capital
Sharjah Media City (Shams) is a very fresh media Free Zone in the UAE which just started in January 2017. It acts as a medium between creative and media businesses to expand, proper and boom. SHAMS envisage towards being the world-class media business free zones with the best service and facility rendered to the businesses. Sharjah Media City (Shams) offers Free Zone business licenses to companies, freelancers and entrepreneurs who want to kick start their blue print of the businesses.
Al Nuaimi Auditors assists clients to set up their businesses all over the UAE. We handle the complete Free zone company formation process with strategic recommendations and negotiations with local stakeholder along with documentation formalities.
For Free zone company formation in other Emirates please click below links.