Sharjah Media City Free Zone Business Setup Consulting with MBC DMCC

Sharjah Media City

Shams, Sharjah Media City is located in the Emirate of Sharjah, the cultural capital of the UAE. Shams was launched in January 2017, with a vision to be a world-class hub for media and creativity in the region. The free zone issues licenses to companies, freelancers, and entrepreneurs working in the media, technology, and creative industries.
Shams is a dynamic initiative that makes a strong connection with the talented individuals it attracts. Shams offers smart innovative services, coupled with a holistic community-centered approach. Sharjah represents a safe and progressive environment for company formation, offering foreign investors benefits, such as zero corporate, import, and export taxes, in addition to other advantages. The UAE is well-recognized the world over as a trading hub, boasting a large non-oil sector that contributes to nearly 70% of the GDP – 45% of which is contributed by Sharjah’s trading activities.
At My Business Consulting DMCC, we provide personalized consultancy, support, and management services to our clients who want to incorporate in Sharjah Media City or other free zones around the UAE. Our approach to consultancy in inception, licensing, creating an ideal corporate structure, and more can help you take the right steps in business in UAE.

ADVANTAGES OF BUSINESS SET UP IN SHARJAH MEDIA CITY





TYPES OF LICENSES IN SHARJAH MEDIA CITY

ADVANTAGES OF BUSINESS SET UP IN SHARJAH MEDIA CITY

  • 100% foreign ownership

  • Zero corporate and personal income tax

  • Company end name will be LLC

  • Cost effective licensing

  • NOC is not required to start your business

  • No annual audit report

  • Big list of available activities under Trading, Service and Industrial licenses

  • No physical presence in the UAE is required to incorporate your company

  • No paid up share capital

  • Flexible visa solutions

  • Allocation of up to 6 visas on a shared desk facility

  • Companies will be limited in liability

  • Located 15 minutes from Dubai Airport and 5 minutes from Sharjah Airport

TYPES OF LICENSES IN SHARJAH MEDIA CITY

  • Service License

  • Trading License

  • Industrial License

BUSINESS REGISTRATION FEES IN SHARJAH MEDIA CITY

To start your business setup in Sharjah Media City or any other free zone in the UAE, get in touch with My Business Consulting DMCC today. My Business Consulting DMCC provides support in setting up your business in the UAE with the most suitable facilities for your business needs and assists in opening a corporate or personal bank account, obtaining a residence visa in the UAE! One way is to set up a company in Sharjah Media City. We will assist you to choose the right corporate structure and license, based on your requirements, budget, and business goals.
Below you will find the full list of general business setup related costs in Shams, though to know more about My Business Consulting DMCC services and fees and get a personalized proposal, request a free quote, or us for a consultation!

1. Type of License

Each activity is classified into 2 types. Activity Type 1 includes Service, Consultancy, and Commercial Licenses. Activity Type 2 is for General Trading License. Cost per license depends on how many UAE Residence Visas are eligible per License.
All packages include Company Registration, but only those packages that are eligible for UAE Residence Visas include Shared Desk Facility.

VISA ELIGIBILITY PER LICENSE ACTIVITY TYPE 1 ACTIVITY TYPE 2
No Visa
(Holding Company)
AED 8,000 -
No Visa AED 11,500 AED 16,500
1 AED 16,600 AED 21,600
2 AED 18,200 AED 23,200
3 AED 19,800 AED 24,800
4 AED 21,400 AED 26,400
5 AED 23,000 AED 28,000
6 AED 24,600 AED 29,600

Note: Fees are the subject for an additional 5% Value Added Tax (VAT).

2. Miscellaneous Documents

Immigration CardAED 1,500
Power of AttorneyAED 1,500

Note: Fees are the subject for an additional 5% Value Added Tax (VAT).

3. Residence Visa in Sharjah Media City

In case you would like to apply for the UAE Residence Visa inside UAE, you can just apply for the Status Change service, which will not require you to exit the country, so that you could enjoy the hassle-free process.

SERVICES FEES
Investor Visa Fees (Valid for 3 years) AED 3,500
Employment Visa Fees (Valid for 3 years) AED 3,080
Visa Status Change AED 1,200
Medical Test, Emirates ID & Photo AED 1,250
Health Insurance (Basic Plan) AED 1,560

Note:
* Company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be AED 2,150 and AED 5,000 for the deposit, which will be refunded in case of company liquidation.
Fees are the subject for an additional 5% Value Added Tax (VAT).

4. My Business Consulting DMCC Service Packages

With rich experience in business setup in Dubai, our Business Setup Experts provide hyper-personalized solutions to help you with your company registration process in the Sharjah Media City Free Zone (Shams).

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee
AED 2,500+
Service Fee

4. My Business Consulting DMCC Service Packages

With rich experience in business setup in Dubai, our Business Setup Experts provide hyper-personalized solutions to help you with your company registration process in the Sharjah Media City Free Zone (Shams).

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).
UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).