The idea of building something of your own in a city designed for creativity is exciting. Sharjah Media City, known as SHAMS, offers opportunities for new businesses to thrive. Identifying the costs beforehand makes the journey smoother and less stressful. Let’s explore the main expenses you should be aware of for a business setup in Shams.
License cost:
The license is the most important part of your new venture. It is the official document that lets you operate. In SHAMS, the price for a license is kept very reasonable to encourage new talent. The cost usually covers the initial approval and the license itself. For many freelancers and small businesses, this fee is one of the first amounts you will pay. It is a fixed cost that gives you the legal right to work from the zone.
Visa fees:
Bringing a team on board or moving yourself to the UAE means you will need visas. Each visa has a government fee attached to it. This includes the application, the stamping, and the medical fitness test. The number of visas you apply for will directly change the total price. SHAMS offers flexible packages that let you choose how many visas you need, which helps in planning your budget better.
Office space options:
Having a place to work is another important cost. SHAMS understands that not every business needs a big office. They offer different choices like a shared desk, a small cabin, or a bigger private office. A shared desk is the most affordable way to start if you work alone. If you need a private space for meetings and a team, the cost will be higher. This flexibility means you only pay for the space you actually use.
Registration and setup fees:
There are some initial administrative costs to get your company officially started. This includes the fees for registering your business name and processing your documents. These are small but necessary expenses that get everything in order. They are usually a one-time payment at the very beginning of the process.
PRO services and additional support:
Sometimes, you might need help with paperwork or getting documents attested. There are professional service providers who can handle these tasks for you. Using their help costs a little extra, but it saves a lot of time and effort. This fee depends on how many documents you need to process or how much help you require.
