Sharjah Media City (SHAMS) has launched new activity sub-classes and discounted rates for multiple years licenses this 2020. It is in line with its aim of strengthening its position as the global investment hub for all media-related activities, as well as encapsulating its vision as the centre for creativity and media throughout the region.
Business setup in SHAMS has been known to involve the easiest and simplest process for acquiring business licenses, saving precious energy and valuable time of clients. This has given businesses in UAE an edge over competitors on a global scale.
The activities that are added to the list of undertakings that are approved for the issuance of licenses in Sharjah Media City, as per the January 2020 Update, are as follows:
SubClass | Activity Description |
4610.11
|
– Commercial brokerage services |
4649.09
|
– Wholesale of perfumery cosmetics, beauty products and soaps |
4649.21
|
– Wholesale of personal requisites |
5811.11
|
– E-books publishing |
5911.11
|
– Media support services |
5913.11
|
– Media archiving |
5920.11
|
– Music production & recordings |
5920.12
|
– Music promotion & management |
6202.11
|
– Digital content services |
6202.12
|
– Concept & design consultancy |
6209.11
|
– IT security management |
6619.11
|
– Investments consultancy
|
7020.11
|
– Strategy advisory services |
7020.12
|
– Digital content management |
7020.13
|
– Project management services
|
7020.14
|
– Immigration consultancy
|
7020.15
|
– Logistics consultancy
|
7020.16
|
– Public relation services
|
7020.17
|
– Hospitality management consultancy
|
7110.11
|
– Engineering consultancy
|
7310.11
|
– Digital marketing
|
7310.12
|
– Public relations consultancy
|
7310.13
|
– Publications of brochures & leaflets
|
7310.14
|
– Online Marketing Services
|
7310.15
|
– Direct marketing
|
7310.16
|
– Social media services
|
7310.17
|
– Sales promotion
|
7310.18
|
– Online advertising
|
7310.19
|
– Publicity
|
7320.11
|
– Speciality communication & PR
|
7320.12
|
– Media representation
|
7320.13
|
– Media monitoring
|
7320.14
|
Media consultancy: • Broadcasting • Press • News • TV & Radio • Production • Post-Production |
7490.21
|
– Human resources consultancy
|
7730.21
|
– Media equipment rental
|
7740.11
|
– Intellectual property services
|
8550.11
|
– Training consultancy
|
8550.12
|
– Education consultancy
|
9000.11
|
– Event organizing
|
9000.12
|
– Art production
|
9000.13
|
– Performing arts management
|
9000.14
|
– Music training
|
9319.12
|
– Sports consultancy
|
9609.11
|
– Lifestyle consultancy
|
9609.12
|
– Fashion design consultancy
|
With the update on the list of approved activities for the issuance of business licenses in Sharjah Media City are discounted prices! Here’s a breakdown on the free zone’s incredible offers:
- A General Trading License now costs the same as Professional or Service Licenses, which starts at AED 11,500;
- A General Trading License can be added to a Professional or Service License FREE OF CHARGE;
- Save AED 5,000 which is supposedly for eChannel Deposit fee, if you acquire any of the visa packages. You also get two activities under a license for FREE;
- A referral fee of AED 1,500 can be availed;
- All licenses include an LLC as the suffix
Discount rates also apply for multiple years licenses!
- Get a 15% discount for a 2-year General Trading License or Professional or Service License
- Get a 20% discount for a 3-year General Trading License or Professional or Service License
Standard Rates for Sharjah Media City Business Setup PACKAGES
A business license may be acquired for as low as:
- AED 11,500 (Zero Visa Allocation)
- AED 16,775 for a license plus one investor visa;
- AED 18,375 for a license plus two investor/employee visas;
- AED 19,975 for a license plus three investor/employee visas;
- AED 21,575 for a license plus four investor/employee visas;
- AED 23,175 for a license plus five investor/employee visas;
- AED 24,775 for a license plus six investor/employee visas
In addition to the list above, the business setup cost includes immigration fees among others. Here are the standard rates:
- Mandatory Immigration Card (validity of three years) – AED 1,500
- eChannel Registration Fee – AED 1,500
- Investor Visa, if required with the validity of three years – AED 3,500
- Employee Visa, if required with a validity of three years – AED 3,080
Upon the submission of the application for the business setup in Sharjah Media City, a license is issued within 24 hours. Additionally, the Immigration Card application takes 7 to 10 days to complete and the Visa application process is approved within 5 to 6 working days.
Sample Breakdown of Total Cost for Business Setup in Sharjah Media City (with the Discounted Rates)
*With one investor visa allocation
Business Setup in Sharjah Media City | Cost |
License Cost | AED 11,500 |
Shared Desk (as required) | AED 3,675 |
Visa Allocation | AED 1,600 |
Immigration Card (3 years validity) | AED, 1,500 |
Total Amount Required to Initiate the Business Setup | AED 18,275 |
*eChannel Registration annual fee of AED 5,000 is waived in the January 2020 promotion
With an updated activity list and the launch of discounted rates, now is the best time for investors to consider a business setup in Sharjah Media City! Get started by seeking the help of our business setup experts.