When considering business setup in the United Arab Emirates, particularly in a free zone like Sharjah Media City Free Zone (Shams), understanding the Shams free zone activity list is paramount. Shams offers a wide range of business activities, and knowing how to navigate this list is essential for entrepreneurs.
What is Shams?
Shams is a dynamic free zone in Sharjah, UAE, designed to support entrepreneurs and businesses in the media and creative industries. It offers a vibrant ecosystem for startups, freelancers, and established companies.
The activity list:
Shams provides a detailed list of permissible business activities, and understanding this list is critical for your business setup. These activities cover various sectors, including media, technology, and creative industries.
The Shams activity list is divided into several categories, such as Advertising, Broadcasting, Consulting, E-commerce, Education, Events, Film Production, Publishing, Technology, and many more. Each category encompasses specific activities.
Shams allows businesses to select multiple activities under a single license, provided they are from the same category. This flexibility is advantageous for businesses with diverse offerings. Therefore, the most foreign investors consider moving this country for business.
Adding new activities:
If your business needs to add activities to its existing license, you can apply for an additional activity through a simple process. This allows you to expand your business offerings without obtaining a new license.
Some activities may require special approvals or clearances from relevant authorities. These can include industries like healthcare, legal consultancy, or financial services. Shams can guide you through this process. Shams also offers consulting services to assist businesses in determining the right activities for their operations. This can be invaluable for new entrepreneurs navigating the activity list.
The Shams free zone activity list provides a broad spectrum of opportunities for businesses in the media and creative industries. By thoroughly understanding this list, entrepreneurs can make informed decisions about the types of activities they want to pursue and ensure compliance with regulations. Shams’ flexibility and support for businesses make it an attractive choice for startups and established companies looking to thrive in the UAE’s vibrant media and creative landscape.