Holding Company in Shams Free Zone

Why Shams Free Zone

For most clients, one of the reasons we recommend Shams Free Zone is its media & creative focus, which matters more than most entrepreneurs realise once the business is running. As we tell every client, unlike some zones, Shams Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is granted. On the ground, established by the Sharjah Media Council.

How Shams Free Zone works with GoldenKey

1. 
   Step 1

   Consultation and activity selection

   In the first call we check that Shams Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. For a Holding Company in Shams Free Zone this step rarely needs your presence; scans and e-signatures are enough.

2. 
   Step 2

   Name reservation and initial approval

   Your trade name is reserved with the Shams Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days.

3. 
   Step 3

   Document submission and payment

   In short, you sign the application and memorandum, we file the attested paperwork with Shams Free Zone and the authority's licence fee is paid. Nothing is submitted for a Holding Company in Shams Free Zone until you have reviewed and approved it.

4. 
   Step 4

   Licence issued and next steps

   Once the Shams Free Zone licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.

Documents required

In short, the document list for a Holding Company in Shams Free Zone is short, and most customers already have everything on it.

• A passport-size photograph on a white background
• Proof of address such as a utility bill or bank statement, requested by some zones
• The UAE entry stamp or visa page if you are already in the country
• A clear passport copy for each shareholder and manager, valid for at least six months
• Attested parent-company documents and a board resolution if the shareholder is a company
• A no-objection certificate from your employer if you hold a UAE employment visa

Pricing

As a rule, the figures below for a Holding Company in Shams Free Zone are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. All prices for a Holding Company in Shams Free Zone are indicative, shown in AED and confirmed in writing before you pay.

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

About the Holding Company

Holding entities consolidate group ownership and benefit from 0% corporate tax on qualifying dividends and capital gains.

Why the UAE

The dirham has been pegged to the US dollar since 1997, which removes currency risk for a Holding Company in Shams Free Zone and makes international pricing simple. There are no restrictions on repatriating profits or capital, so earnings from a Holding Company in Shams Free Zone can be moved to your home country or reinvested freely.

Why GoldenKey

Importantly, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which papers each of them will ask for on a Shams Free Zone file. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for a Holding Company in Shams Free Zone happen the same day they are ready. In short, our quotations for a Holding Company in Shams Free Zone list every government fee and our service fee on one page, in writing, ahead of payment anything.

Frequently asked questions