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Sharjah Media City (SHAMS) was launched in January 2017 in the emirate of Sharjah. It was established to become a hub for the media and creativity in the region. The free zone has turned into a hub of media, trading, and creative business. It has obtained immense popularity in a short time.<br><br>Sharjah Media City Free Zone offers excellent facilities for entrepreneurs and startups, which is among the top reasons behind the popularity of this free zone. Although the free zone mainly focuses on creative and media-based companies, it also caters to the needs of other industries.
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Setting Up a Company in Sharjah Media City: A Comprehensive Guide Sharjah Media City (SMC) is a renowned free zone in the United Arab Emirates, offering a conducive environment for media, digital, and technology companies. Its strategic location, world-class infrastructure, and attractive incentives make it an ideal choice for businesses seeking to establish a presence in the region. This guide will provide you with essential information on setting up a company in SMC, including the types of licenses available, the registration process, and the benefits of doing business in this dynamic hub. Types of Licenses in Sharjah Media City SMC offers a variety of licenses to cater to different business activities. Some common license types include: Commercial License: Suitable for general trading, distribution, and retail activities. Industrial License: Ideal for manufacturing, assembly, and processing. Service License: For professional services such as consulting, software development, and design. Media License: Specifically designed for media-related businesses like publishing, broadcasting, and advertising. Registration Process The registration process in SMC is relatively straightforward and can be completed in a few steps: 1.Choose a Business Name: Select a unique and appropriate name for your company. 2.Submit Application: Prepare and submit the required application forms, along with supporting documents. 3.Obtain Initial Approval: Once the application is reviewed, you will receive initial approval. 4.Pay Fees: Pay the necessary fees and obtain a license issuance certificate. 5.Obtain Visa(s): If your business requires foreign employees, apply for the necessary visas. Benefits of Setting Up a Company in Sharjah Media City Tax-Free Environment: Enjoy a 100% corporate tax exemption on profits. 100% Foreign Ownership: Foreign investors can own 100% of their businesses. Strategic Location: Benefit from SMC's proximity to major markets in the Middle East and North Africa. World-Class Infrastructure: Access state-of-the-art facilities and infrastructure. Supportive Government Policies: Enjoy favorable government policies and incentives. Conclusion
Setting up a company in Sharjah Media City offers numerous advantages for businesses operating in the media, digital, and technology sectors. By following the steps outlined in this guide, you can establish a successful and thriving business in this dynamic free zone. Additional Tips Consult with a Local Advisor: Seek professional advice from a local business setup specialist to ensure a smooth registration process. Understand Local Laws and Regulations: Familiarize yourself with the UAE's labor laws, visa regulations, and other relevant legal requirements. Network with Other Businesses: Build relationships with other companies in SMC to expand your network and explore potential partnerships. How can Flyingcolour Business Setup help you? Flyingcolour Business Setup can help you start your business in the SHAMS Free Zone. We have helped uncountable clients to set up their business in this area. Our experts can clear any doubt about setting up a business in this area. We can also guide you through each step of starting a business in this area. To learn more about the Set Up a Company in Sharjah Media City Free Zone, book a free consultation with one of the Flyingcolour team advisors, Simply call +97144542366 or send WhatsApp messages to +971554413566. you can also drop an email to info(at)flyingcolour(dot)com.