Fintech & Payments in Shams Free Zone

Why Shams Free Zone

From day one, shams Free Zone is located in Sharjah emirate — close to Sharjah International Airport, and the authority's processing time for a standard file is around 3 working days (Monday to Friday). In short, one of the reasons we recommend Shams Free Zone is its media & creative focus, which matters more than most founders realise once the business is running. Shams Free Zone is a sensible home for fintech & payments because payment technology, lending platforms, wealth-tech and financial software is a well-understood activity there and the approvals are routine.

How Shams Free Zone works with GoldenKey

1. 
   Step 1

   Consultation and activity selection

   GoldenKey starts by confirming your activity is available in Shams Free Zone, then agrees the licence category, visa quota and office option with you in writing. We keep a written record of this step so your file for fintech & payments in Shams Free Zone is audit-ready.

2. 
   Step 2

   Name reservation and initial approval

   We submit your preferred trade names to Shams Free Zone and secure initial approval, normally within a day or two of submission.

3. 
   Step 3

   Document submission and payment

   You sign the application forms and memorandum, we submit the attested paperwork and the licence fee is paid to the registrar. This is also the point at which we answer any question specific to fintech & payments in Shams Free Zone.

4. 
   Step 4

   Licence issued and next steps

   Your Shams Free Zone licence, certificate of incorporation and lease are released, and we move straight on to the establishment card, visas and bank introduction.

Documents required

Importantly, the document list for fintech & payments in Shams Free Zone is short, and most customers already have everything on it.

• A passport-size photograph on a white background
• A short business plan or activity description for certain professional activities
• Proof of address such as a utility bill or bank statement, requested by some zones
• A no-objection certificate from your employer if you hold a UAE employment visa
• The UAE entry stamp or visa page if you are already in the country
• Attested parent-company papers and a board resolution if the shareholder is a company

Pricing

Crucially, the figures below for fintech & payments in Shams Free Zone are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one. From day one, pricing for fintech & payments in Shams Free Zone depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Pricing available on request — message us for a written quotation.

Why the UAE

On the ground, there are no restrictions on repatriating profits or capital, so earnings from fintech & payments in Shams Free Zone can be moved to your home country or reinvested freely. The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many founders choose it as a base for fintech & payments in Shams Free Zone.

Why GoldenKey

For most clients, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for fintech & payments in Shams Free Zone. GoldenKey's consultants have handled fintech & payments in Shams Free Zone for traders, consultants, tech business owners and family offices, which gives us a realistic view of what each authority approves fast. Our quotations for fintech & payments in Shams Free Zone list every government fee and our service fee on one page, in writing, ahead of payment anything.

Frequently asked questions