SHAMS FREEZONE
Shams Media City Free Zone (Shams) SHAMS is a 2 million-square-meter multi-use media city near Al Messaned, Sharjah. Shams is a testament to the growing number of entrepreneurs in the media and creative industries. With Virtue, you can establish your business in Shams and be part of a dynamic community that takes a comprehensive and forward-thinking approach.
Advantages of a SHAMS licence
1.
100% foreign ownership allowed
2.
No physical presence in the UAE is required; 100% virtual operation is possible.
3.
100% capital return guaranteed
4.
Limited liability status for businesses
5.
Full authority to appoint company managers and corporate directors
6.
A single business license covering a wide range of commercial operations
7.
No personal or corporate income taxes
8.
No deposits are required.
9.
Shared desk office corporations can have up to six visas.
