Menu
Article: 1406
Information verified with the provider on
This company can engage in the retail sale of various types of goods, including fresh or preserved fruit and vegetables, dairy products and eggs, meat and meat products (including poultry), fish and other seafood along with their products, bakery products, sugar confectionery, and other food products, as well as the retail sale of non-alcoholic beverages, not for consumption on the premises.
For setup of this company in Shams, the following business activities group has been chosen:
In addition to this group, the company can choose from two to four activity classes depending on the chosen package within one license without additional fees.
No additional approval is required in order to complete the registration process of the company conducting this group of business activities.
The minimum share capital requirement for Shams companies is AED 100,000, its contribution is optional.
Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.
When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.
Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.
Shams (Sharjah Media City) is a free economic zone (free zone) established in 2017 in the Emirate of Sharjah, UAE. Despite its name, Shams is not limited to the media industry but offers a wide range of opportunities for companies in sectors such as trade, professional services, IT, education, and e-commerce. The free zone ensures equal opportunities for entrepreneurs at all levels—ranging from individual freelancers and startups to large corporations—by providing tailored solutions for efficient business operations.
The free zone boasts modern infrastructure, including coworking spaces and professionally equipped podcast studios, offering entrepreneurs and creative professionals a comfortable environment for work and project execution. Businesses registered in Shams are permitted to operate both within the free zone and beyond the UAE.
Shams issues the following types of business licenses:
With its strategic location and multifunctional infrastructure, Shams has established itself as a versatile business hub that attracts entrepreneurs and investors across various industries, supporting their growth and success in local and international markets.
The Shams company registration provides various benefits and opportunities for entrepreneurs:
The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:
Shams offers the following main types of UAE resident visas for foreign investors and company employees:
With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with Shams representatives, and assist in coordination
Receive expert guidance from an authorized consultant who will manage the entire process of obtaining Shams services
An elite consultant will oversee the process of obtaining Shams services, ensuring a seamless experience