Please be aware that the specific requirements and procedures can vary depending on the type of business structure and activity. It is advised to consult with a business setup consultant like YABS for detailed information on the specific steps and associated requirements.
Determine Business Activity
Decide on the type of media or creative activity you wish to undertake in Shams and ensure it aligns with the available licenses.
Choose Legal Entity
Select the appropriate legal entity for your business, such as a Free Zone Establishment (FZE) or a Free Zone Company (FZCO).
Gather Required Documents
Prepare all necessary documents, including passport copies, proof of address, business plan, and any specific documents required for your chosen business activity.
Submit Application
Complete the application form and submit all the required documents to Shams Free Zone for company registration.
Business Structures Under Sharjah Publishing City Free Zone (SPC)
Free Zone Establishment (FZE)
The Free Zone Establishment category is for businesses that will be owned by a single shareholder.
Dubai South, a key business destination in the UAE, is part of the Dubai World Central (DWC) initiative, dedicated to fulfilling diverse business requirements. Positioned as a global transport hub, it prioritizes aviation and logistics sectors.
Dubai South provides comprehensive services including business incubation, free zone licensing, value-added services, and access to strategic partnerships, making it an optimal choice for entrepreneurs leveraging its UAE connectivity.
Home to Al Maktoum International Airport, set to be the world’s largest, Dubai South is a prime location for businesses aiming for global reach.
Advantages of setting up your business in Dubai South
With a great service, Dubai South is also home multiple benefits. Some of the advantages that local and foreign entrepreneurs find are:
Prime location
Dubai south is surrounded by Abu Dhabi and Dubai
Its proximity with Jebel Ali Sea Port and Al Maktoum Airport makes it one of the hottest places to do business.
Business Friendly Policies
Full Foreign Company Ownership
Unrestricted Capital Repatriation
No Currency Limitations
Zero Personal Income Tax
Flexible Commercial Lease Agreements
9% Corporate Income Tax (if applicable)
Standard 5% VAT Rate
Multiple Options
There are 7 districts where you can setup your business. These are Residential District, Commercial District, Logistics District, Aviation District, Humanitarian District, Golf District, and Dubai South Exhibition City.
Support
Dubai South is one of the best free zone to provide top-notch customer services
Entrepreneurs can start work using co-working spaces to warehouses
License Options
DACC, Dubai South's
regulatory authority, provides diverse licenses tailored to various
industries and company needs. As an optimal business destination, Dubai
South accommodates startups and established firms alike. We extend free
guidance to potential investors, facilitating business growth through
swift and effective setup services.
Aviation License
Permits the holder to conduct designated aviation-related services.
YABS UAE has multiple options of doing transactions with their customers. Effortlessly transform your transactions into convenient monthly payment options, utilizing our carefully curated selection of banking partners.
Process
●
Make secure purchases for any YABS issued services using your credit card.
●
Reach out to the banking services and inquire about the possibility of converting your purchase into an Easy Payment Plan.
●
Choose from flexible payment terms of months.
●
The standard terms and conditions of the banks will be in effect.
*Standard fees and terms of the banking partner shall be followed.
Choose a legal form for your business which could be LLC or branch company. Each has its pros and cons. It is important to carefully identify the type. You also need to create a framework where you need to identify the type of business activities and thus a trade license.
Article of Association (AOA) and Memorandum of Association (MOA)
Both the documents are important as far as business setup is concerned
Certificate of Registration
One you are done with all the documentation and submitted it, you will get a certificate of registration. This will help you in opening a bank account. It is to be noted that it will take a week or two to get the certificate.
Office Space
Once you are done with all the documentation, you will have to create an office space in Dubai South.
Open a Bank Account
After submitting all the documents and finalizing the office space, you will need to create a corporate bank account. This document will help in all the transactions that will take place in the future.