10 Step to Open a Company in SHAMS (Sharjah Media City)

Sharjah Media City (SHAMS) is one of the fastest-growing free zones in the UAE. Known for its cost-effective packages, simplified company formation process, and wide range of business activities, SHAMS is an ideal choice for startups, freelancers, and SMEs.

In this guide, a list of key 10 steps to start a company in SHAMS Free Zone, so that free zone business setup for entrepreneurs and investors become easier and more manageable.

What is SHAMS Free Zone?

SHAMS (Sharjah Media City) was launched in 2017 to support creative and media businesses but now allows over 200+ activities across media, trading, consultancy, e-commerce, and more.

Benefits of setting up a company in SHAMS:

• 100% Foreign Ownership
• Low Startup Cost (Packages from AED 5,750)
• Quick Setup (Within 3–5 working days)
• No Physical Office Required
• Up to 6 Visa Options
• Business-Friendly Environment

Top 10 Basic Steps to Open a Company in SHAMS Free Zone

1. Choose Your Business Activity

Select from a wide range of activities such as:

• E-commerce
• Consultancy
• Media production
• Marketing
• General trading
• Design services

Each license can include multiple activities under one company.

2. Select the Company Type

SHAMS offers:

• LLC (Limited Liability Company) – The most common form.
• Branch – For companies expanding into the UAE.

Most entrepreneurs go for an LLC due to its flexibility and full ownership rights.

3. Choose Your License Package

SHAMS offers four license types:

• Service License
• Trading License
• Industrial License
• Holding License

You can also choose a license with or without a visa.

4. Reserve Your Trade Name

Pick a unique business name that:

• Reflects your business
• Complies with SHAMS naming rules (no offensive words or religious references)
• Is available in the registry

Jeemfinance or your consultant can handle this step on your behalf.

5. Submit Your Application

Complete the application form and submit:

• Passport copy of owner(s)
• Passport-size photo
• Proof of residence (utility bill)
• Entry stamp or visa copy (if in UAE)

No physical presence is required in most cases.

6. Pay the Setup Fees

Jeemfinance offers one of the most affordable setups SPC  & Shams. You can choose:

• Zero visa package
• 1 to 6 visa packages
• With or without shared desk access

Prices start from AED 5,750 for a no-visa package.

7. Receive the Business License

After approval and payment, SHAMS will issue:

• Business License
• Certificate of Incorporation
• Memorandum of Association (MOA)

This process typically takes 3–5 working days.

8. Apply for Establishment Card & E-channel Registration

To sponsor visas, apply for:

• Establishment Card
• E-channel registration (mandatory for visa services)

This step is required if you opt for visa allocation.

9. Open a Corporate Bank Account

With your SHAMS documents, you can open a business account in UAE banks like:

• Mashreq
• Emirates NBD
• RAKBank
• WIO

Jeemfinance can assist with bank appointments and documentation.

10. Apply for UAE Residence Visa (Optional)

If your package includes visas:

• Apply for Entry Permit
• Undergo Medical Test
• Obtain Emirates ID
• Visa validity: 2 years

To establish a company in Sharjah Media City (SHAMS), here’s a 10-step guide: 1) Select a business activity; 2) Choose a business package; 3) Register your business; 4) Obtain a trade license; 5) Secure office space; 6) Open a bank account; 7) Obtain visas and permits; 8) Start operating; 9) Ensure legal compliance; 10) Manage your business effectively.

• 2. Select a Business Package:

  SHAMS offers various packages tailored to different business needs. Select the one that aligns with your chosen activities. 
• 3. Register Your Business:

  Submit the required application form and supporting documents to SHAMS for initial approval. 
• 4. Obtain Your Trade License:

  Once the initial approval is granted, complete the registration process and pay the necessary fees to receive your trade license. 
• 5. Set Up Your Office:

  Choose and lease your office space within SHAMS, or opt for a virtual office if permitted. 
• 6. Open a Bank Account:

  Establish a corporate bank account in the UAE to manage your company’s finances. 
• 7. Get Visas and Permits:

  Apply for and obtain the necessary investor and employee visas and permits. 
• 8. Start Operating:

  Once all steps are completed, you can officially begin your business operations within SHAMS. 
• 9. Ensure Legal Compliance:

  Maintain ongoing compliance with all regulations and requirements set by SHAMS and the UAE. 
• 10. Manage Your Business Effectively:

  Utilize the resources and support available within SHAMS to manage your business efficiently and effectively

You can sponsor partners, employees, or dependents through your SHAMS & Srtip Company.

Conclusion

Setting up a company in SHAMS Free Zone is fast, flexible, and affordable. Whether you’re a freelancer, entrepreneur, or global investor, SHAMS provides a streamlined platform to start and scale your business in the UAE.

Need help with company formation?
Partner with Jeemfinance for hassle-free SHAMS registration, visa processing, and business banking.