Advantages
- One of UAE’s most affordable free zones — licence from AED 5,750
- Very broad activity coverage (1,500+) including consulting, e-commerce, and media
- Company setup in as little as 3–5 days, including remote incorporation
- Investor visas valid for 3 years; employee visas for 2 years
- No minimum capital requirement for most business activities
Disadvantages
- – Sharjah address carries less prestige than Dubai or Abu Dhabi free zones
- – Banking can be challenging — some UAE banks less familiar with SHAMS entities
- – Renewal penalties can be strict if missed
Setting Up a Company
Very Easy (5/5)
One of the easiest and fastest free zones to set up in. Remote setup fully possible. Licence in 3–5 business days.
Opening a Bank Account
Hard (2/5)
Sharjah-based zones are less familiar to international banks. RAKBANK, Sharjah Islamic Bank, and some UAE banks work well. Neo-banks (Wio, Zand) also suitable.
Frequently Asked Questions
How much does it cost to set up a company in SHAMS?
Licence from AED 5,750 (0-visa); 1-visa package AED 13,420; 3-visa package ~AED 20,000.
What business sectors are supported by SHAMS?
Sharjah Media City supports the following sectors: Media, Consulting, E-commerce, Trading, Technology. Businesses in these industries can obtain a licence and operate within the free zone.
Is it easy to open a bank account with a SHAMS licence?
Sharjah-based zones are less familiar to international banks. RAKBANK, Sharjah Islamic Bank, and some UAE banks work well. Neo-banks (Wio, Zand) also suitable.
Does SHAMS require a physical office?
No, a physical office is not mandatory. Flexi-desk and virtual office options are available. Virtual office/flexi-desk available in base packages. Physical offices also for lease.
How many visas can I get through SHAMS?
Visa quota at Sharjah Media City: 0, 1, 6, 12, or 20 visas depending on chosen package.