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FREE ZONE · SHARJAH

Shams Free Zone Company Formation for Hungarians

Guide for Hungarian founders · around 5.5 hours from Budapest

5–7 daysSetup time100%OwnershipUp to 10 visasVisas
  • 5–7 daysSetup time
  • Free ZoneLicence type
  • Flexi | PhysicalOffice / facility
  • Up to 10 visasVisa eligibility
  • StandardApprovals needed
  • From AED 5,280Renewal cost
About Shams Free Zone

Why Shams Free Zone

If you are weighing up where to register in the UAE, Shams Free Zone deserves a close look for its media & creative focus and straightforward renewal process. Shams Free Zone issues commercial, professional and industrial licences from its base in Sharjah, and GoldenKey processes new registrations there every week. Hungary and the UAE have expanded cooperation in agriculture, water and technology, which gives Hungarian entrepreneurs a ready market and supply chain the moment their Shams Free Zone licence is released. For Hungarian company owners, the UAE is around 5.5 hours from Budapest, the UAE is 2 to 3 hours ahead of Hungary, and English is the business language.

Crucially, 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. For most clients, the authority permits Free Zone Establishment (FZE) and Free Zone Company (FZCO), which covers solo entrepreneurs, partnerships and overseas groups opening a UAE branch. From day one, hungarian applicants benefit from the fact that Shams Free Zone already has many Hungarian shareholders on its register, so its officers recognise Hungary documents and name formats instantly.

Packages & cost

Pricing — choose the right package for your business

Just as important, all prices for Shams Free Zone company formation for Hungarians are indicative, shown in AED and confirmed in writing before you pay. On the ground, pricing for Shams Free Zone company formation for Hungarians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

License Cost

Licence only · upgrade to visas anytime

AED 6,875
  • Trade licence & registration
  • Upgrade to visas anytime
  • Company name reservation
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

2 residence visas · 1-year licence

AED 10,075
  • Trade licence & registration
  • Establishment card included
  • 2 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

3 residence visas · 1-year licence

AED 11,675
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

4 residence visas · 1-year licence

AED 13,275
  • Trade licence & registration
  • Establishment card included
  • 4 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

5 residence visas · 1-year licence

AED 14,875
  • Trade licence & registration
  • Establishment card included
  • 5 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

6 residence visas · 1-year licence

AED 16,575
  • Trade licence & registration
  • Establishment card included
  • 6 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

7 residence visas · 1-year licence

AED 18,075
  • Trade licence & registration
  • Establishment card included
  • 7 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

8 residence visas · 1-year licence

AED 19,675
  • Trade licence & registration
  • Establishment card included
  • 8 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

9 residence visas · 1-year licence

AED 21,275
  • Trade licence & registration
  • Establishment card included
  • 9 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

License Plus Visa Quota

10 residence visas · 1-year licence

AED 22,875
  • Trade licence & registration
  • Establishment card included
  • 10 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started
Additional visaAED 2,420
Annual renewalAED 5,280
Bank account assistanceAED 1,650

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-29.

Required documents

Documents required

Here is what you will need for Shams Free Zone company formation for Hungarians; GoldenKey checks every item before submission.

Scanned colour copies are enough to start. We check every item before anything is submitted.

For individuals

  • A bank statement from your Hungary bank for the last three months, which banks use to understand your profile
  • A passport-size photograph on a white background
  • A short business plan or activity description for certain professional activitiesif applicable
  • The UAE entry stamp or visa page if you are already in the countryif applicable
  • Your current residence visa and Emirates ID copy if you are a UAE residentif applicable
  • A no-objection certificate from your employer if you hold a UAE employment visaif applicable

For companies

  • Certificate of incorporation (attested)
  • Memorandum & articles of association
  • Board resolution approving the UAE company
  • Passport copies of shareholders & directors
  • Company profile / business plan
Our process

How Shams Free Zone works with GoldenKey

  1. 1

    Consultation and activity selection

    As a rule, we confirm that your activity is available in Shams Free Zone, choose the licence type and agree the visa package and office option that match your plan.

  2. 2

    Name reservation and initial approval

    GoldenKey reserves your trade name with the Shams Free Zone authority and obtains initial approval, nine times out of ten within one to two business days. For Shams Free Zone company formation for Hungarians, GoldenKey completes this stage with you on WhatsApp or by email.

  3. 3

    Document submission and payment

    In practice, you sign the file and memorandum, we file the attested paperwork with Shams Free Zone and the licensing authority's licence fee is paid.

  4. 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. Nothing is submitted for Shams Free Zone company formation for Hungarians until you have reviewed and approved it.

Frequently asked questions

Frequently asked questions

Straight answers about Shams Free Zone. Anything else — ask GK AI or message us.

View all FAQs
Do I need to visit the UAE to set up in Shams Free Zone?

Most Shams Free Zone licences can be issued remotely with scanned paperwork and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.

How many visas can I get with a Shams Free Zone licence?

Visa quota is tied to the package and office you choose. Shams Free Zone packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.

Can I open a UAE bank account with a Shams Free Zone company?

Yes, Shams Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and documents, and GoldenKey prepares the file and introduces you to a suitable bank.

Can a Hungarian citizen own 100% of a company in Shams Free Zone?

Yes, it can. Hungarians can own the full share capital of a Shams Free Zone company with no local partner, exactly like any other nationality.

Do Hungarians need a UAE visa before applying for Shams Free Zone?

No. You can apply for the licence from Hungary with scanned documents, and the investor residence visa is handled afterwards.

Get a free quote

Ready to start your business in Shams Free Zone?

Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for Shams Free Zone company formation for Hungarians.

By submitting this form, you agree to be contacted by our team regarding your enquiry. Prefer chat? WhatsApp us.

Good to know

More about Shams Free Zone

Why the UAE

Residence visas for owners and families come with the company, which makes Shams Free Zone company formation for Hungarians a route to relocation as well as a business decision. The UAE sits within an eight-hour flight of two-thirds of the world's population, so so many founders choose it as a base for Shams Free Zone company formation for Hungarians.

Why GoldenKey

Importantly, after your Shams Free Zone licence is issued, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. In practice, if a document is missing or an approval is delayed on your Shams Free Zone file, we tell you immediately and explain the fix, rather than letting the request sit. GoldenKey's consultants have handled Shams Free Zone company formation for Hungarians for traders, consultants, tech company owners and family offices, which gives us a realistic view of what each authority approves quickly.

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