Unlike many other GCC Countries, UAE has been focusing on introducing different Trade Free Zones to attract and encourage foreign investments by allowing 100% ownership to expatriates.
The Sharjah Media City Free Zone (SHAMS), launched in 2017 with a vision to build and develop resources that operate in the field of media and innovation. The SHAMS aims to be a regional leader in the field of education, media training, creativity and in the development of high-quality innovative content.
This free zone started issuing licenses in the first quarter of 2017 to companies, freelancers, and entrepreneurs working in the media, technology, and creative industries. SHAMS will be known for its specialized facilities like World class media and digital hub which will be provided to the creative and media industries.
SHAMS offers smart innovative services and facilities, ensuring great value on localized content, and actively encouraging entrepreneurial talent within this thriving community. SHAMS will be providing a holistic approach towards its community since one of its major aims is to provide a community centered platform.
At SHAMS all processes are easy, digital and very cost-efficient. It is the most cost efficient Free Zone in the country, giving you multiple options, which are not available with other Free Zones. Vast activities covering services, trading and industrial licenses with multiple visas combined with inexpensive workforce and easy recruitment procedures makes the life easier for any entrepreneur by choosing SHAMS.
Despite lacking a dedicated media zone, Sharjah has been very much influential in the country’s media sector. One of the most preferred newspaper in the country since 1970, Al Khaleej, which is also the first newspaper in the United Arab Emirates is headquartered in Sharjah. Numerous media, advertising, and marketing companies are also having their base in Sharjah. In this context, SHAMS aims to provide quality and friendly environment to attract clients from different parts of the world.