Quick Look DMCC

Dubai Multi Commodities Centre

One of the world’s leading free zone, with over 14,000 companies operating from the centre.

LICENSES: Service | Trading | Industrial

FACILITIES: Offices | Executive desks

COSTS: Medium (from US$12,000)

Recommended for: Established and startup consultancies, commodity traders, representative offices, regional headquarters

How we can help you?

  • Recommendthe best options as per your requirement!
  • Incorporate your company with ease!
  • Provide a holistic solution for all your business needs!

Please fill in your details so that our legal advisor can contact you and guide you through the process.

Register Now

SHAMS FREE TRADE ZONE

The Sharjah Media City (SHAMS) was launched in January 2017, and it offers smart innovative services at a budget.

 

WHY SHAMS?

  • Cost-effective, economical startup licenses
  • Variety of customised packages
  • Investor visas with no age restrictions
  • Full range of business activities
  • All Free Zone benefits

Features unique to SHAMS:

No NOC’s required to open companys for clients holding existing UAE visas.

Licenses are issued in 3 days.

No audit required for renewal.

Allocation of a maximum of 6 visas on a shared desk facility

FORM YOUR SHAMS COMPANY NOW!

Similar Free Zones 

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RAKEZ

Advantages of a SHAMS Free Zone company

  • 100% foreign ownership
  • 0% corporate tax for 25 years
  • 0% personal income tax
  • 100% repatriation of capital and profits
  • 0% import or re-export duties
  • No currency restrictions
  • No restrictions on foreign talent or employees

In addition to this, company formation in SHAMS can derive benefits from the extensive network of double-tax avoidance treaties that the United Arab Emirates has signed with countries worldwide, including countries such as India, Pakistan, Singapore, China, Malaysia, Canada, Germany, Italy, Austria and Holland.

The following legal structures are available for company formation in SHAMS Free Zone:

SHAMS LLC (Limited Liability Company)

A SHAMS limited liability company (LLC) is an independent entity whereby the company structure separates the owners and shareholders from the company. Hence, any liabilities on the side of the company whether arising in contract or otherwise, are the company’s liabilities and not the personal liabilities of the shareholders. Equally the company’s assets are the company’s assets and not the personal assets of the shareholders.

Advantages

Independent operating entity

Entitled to obtain a license

Entitled to sponsor employee(s)

Entitled to open a business bank account

Branch Company

A SHAMS branch entity belongs to an existing parent company. All profits, benefits, gains and other returns of the branch are deemed profits, benefits, gains and other returns of the parent company. Equally, all costs, expenses, debts and other liabilities of the branch are costs, expenses, debts and other liabilities of the parent company.

Advantages

Entitled to obtain a license

Entitled to sponsor employee(s)

Entitled to open a business bank account

We can help you structure your company through our SHAMS company formation services. Contact us to discuss your requirements. 

SHAMS offers the following license packages:

License with zero visa package – US$ 3,200 (AED11,500)

License with 1 visa package –  from US$ 4,500 (AED16,500)

License with 2 visa package –  from US$ 5,040 (AED18,500)

Establishment Card – US$ 408 (AED 1,500)

E-Channel Registration during visa processing

AED 5,000 refundable deposit

AED 2,150 Registration fee

Here are the initial documentation required for incorporation process:

  • Know Your Client (KYC) form
  • Specimen Signature form
  • Passport Copy of shareholder, director, manager, company secretary, and/or legal representative.
  • Proof of residential address (valid tenancy contract, utility bill (not older than 6 months), bank confirmation letter (not older than 6 months)….etc.)
  • Specimen Signature Form
  • Shareholders’ Resolution / Board Resolution (branch companies)
  • Memorandum & Articles of Association

* if any of the documents are in any language other than English and Arabic, then, it must be legally translated into English.

How can 10 Zone help in SHAMS company formation?

10 Zone has:

  • been setting up businesses in Dubai since 2004
  • experts in consultancy and company formation
  • a team of highly qualified Lawyers, Chartered Accountants and Relationship Managers
  • capabilities to assist you in English, Arabic, French, German, Turkish, Hindi, Afrikaans & Tagalog.

Our Services

  • Assistance in company formation
  • Visa processing
  • VAT registration
  • HR & Payroll
  • Contracts and Agreementsf
  • Secretarial and Annual Compliances
  • Marketing and branding

ALL SERVICES