{"id":9480,"date":"2024-07-08T09:48:35","date_gmt":"2024-07-08T09:48:35","guid":{"rendered":"https:\/\/rak-projects.com\/?p=9480"},"modified":"2024-09-02T10:19:39","modified_gmt":"2024-09-02T10:19:39","slug":"setting-up-your-business-in-shams-a-step-by-step-guide","status":"publish","type":"post","link":"https:\/\/rak-projects.com\/setting-up-your-business-in-shams-a-step-by-step-guide\/","title":{"rendered":"Setting Up Your Business in SHAMS: A Step-by-Step Guide"},"content":{"rendered":"\n

Sharjah Media City (SHAMS) is acknowledged as the most budget-friendly free zone in the UAE, with starting costs as low as AED 5,750. <\/p>\n\n\n\n

Founded in 2017, SHAMS<\/a>, known as Sharjah Media City, is a relatively young free zone. It was discovered to have developed into a centre for the area’s creative and media landscape, and in the short period since its founding, it has gained popularity.<\/p>\n\n\n\n

The facilities it offers are the primary factor in its appeal to entrepreneurs and various start-ups. Although other industries are served by this free zone as well, creative and media-based businesses are the ones who prefer to establish themselves here. For families considering a move, this free zone is not only a thriving business hub but also one of the best places to live in Sharjah with family<\/a><\/strong>, providing an excellent environment for both work and family life.<\/p>\n\n\n\n

Shams fosters creativity and innovation among the businesses operating in the free zone. Unlike other media-free zones, Shams Free Zone<\/a> requires minimal startup expenditures for the companies who establish themselves here.<\/p>\n\n\n\n

\"Setting<\/figure>\n\n\n\n

Motives for Selecting SHAMS Free Zone<\/strong><\/h2>\n\n\n\n

The number of businesses in the free zone is rising quickly for a number of reasons. Shams Free Zone was selected over other UAE free zones for the following reasons:<\/p>\n\n\n\n

A Simple and Quick Registration Process<\/strong><\/h3>\n\n\n\n

Because the registration process has been digitised, the investor can now register the firm fast. Shams has greatly improved the flexibility and comfort of obtaining a licence in the free zone. The investor can obtain a licence in two to three days and is not required to submit the No Objection Certificate (NOC).<\/p>\n\n\n\n

Variety of Business Activities Available for Entrepreneurs.<\/strong><\/h3>\n\n\n\n

One can select from various business activities to register in the Shams Free Zone. Both the businesses and the free zone can benefit from having a variety of business possibilities in one place since the former can ask for assistance from one another when needed and the latter can cater to a larger clientele.<\/p>\n\n\n\n

Types of Licences Available for Business<\/strong><\/h3>\n\n\n\n

In Shams Media City<\/a>, businesses are typically eligible for four licences. The following four licences are:<\/p>\n\n\n\n