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
FREE ZONE · SHARJAH
Shams Free Zone Company Formation for Icelanders
Guide for Icelandic founders · around 9 to 10 hours with one stop from Reykjavík
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
In practice, shams Free Zone combines media & creative focus with the flexibility to add activities and visas later, which is why it suits both first-time business owners and established groups. As we tell every client, shams Free Zone issues commercial, professional and industrial licences from its base in Sharjah, and GoldenKey processes new registrations there every week. Icelanders are a very small community, mostly in aviation, seafood and technology, so the Shams Free Zone authority, the banks and the immigration officers see Icelandic applications every day and process them without hesitation. GoldenKey has Icelandic clients from Reykjavík, and our consultants understand the papers granted in Iceland and how to attest them for the UAE.
In our experience, 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. Put simply, 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 issued. GoldenKey has prepared Shams Free Zone files for Icelandic clients in seafood exports, aviation, geothermal technology and software, which means we know which Iceland documents need attestation and which can be submitted as plain copies.
Packages & cost
Pricing — choose the right package for your business
In practice, use the table below to compare packages for Shams Free Zone company formation for Icelanders; we will confirm the exact total for your case in a written quotation. Pricing for Shams Free Zone company formation for Icelanders depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
License Plus Visa Quota
1 residence visa · 1-year licence
AED 8,475
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
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
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
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
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
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
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
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
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
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
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 2026-10-27.
Business activities
Explore 834 business activities in Shams Free Zone
Shams Free Zone lets you combine related activities on one licence. Search by what your business does — in English or Arabic — and quote the GK code when you ask for a quotation.
GK-SHAMS-001PrintingMediaApproval requiredGK-SHAMS-002Printing of newspapers, magazines and other periodicals, books and brochures, music and music manuscripts, maps, atlases, posters, advertising catalogues, prospectuses and other printed advertising, postage stamps, taxation stamps, documents of title, cheMediaApproval requiredGK-SHAMS-003Printing directly onto textiles, plastic, glass, metal, wood and ceramics (except silkscreen printing on textiles and wearing apparel)
the material printed is typically copyrighted.MediaGK-SHAMS-004Printing on labels or tags (lithographic, gravure printing, flexographic printing, other)MediaApproval requiredGK-SHAMS-005Multi dimensional printing servicesMediaApproval requiredGK-SHAMS-006Printing,Advertising Agencies And Event OrganizingMediaApproval requiredPopular choices · 834 activities availableAll 834 Shams Free Zone activities
Required documents
Documents required
Crucially, gather these documents and GoldenKey will take care of the rest of Shams Free Zone company formation for Icelanders.
Scanned colour copies are enough to start. We check every item before anything is submitted.
For individuals
- A passport-size photograph on a white background
- Educational certificates attested by the Iceland authorities and the UAE embassy, for professional activities
- A clear passport copy for each shareholder and manager, valid for at least six months
- A no-objection certificate from your employer if you hold a UAE employment visaif applicable
- Your current residence visa and Emirates ID copy if you are a UAE residentif applicable
- The UAE entry stamp or visa page if you are already in the countryif 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
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. Expect clear updates from your GoldenKey consultant while this step runs for Shams Free Zone company formation for Icelanders.
- 2
Name reservation and initial approval
GoldenKey reserves your trade name with the Shams Free Zone authority and obtains initial approval, usually within one to two working days.
- 3
Document submission and payment
With the forms and memorandum signed, GoldenKey lodges the attested paperwork and settles the licence fee with the licensing authority on your behalf. We keep a written record of this step so your file for Shams Free Zone company formation for Icelanders is audit-ready.
- 4
Licence issued and next steps
For most clients, shams Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.
Frequently asked questions
Frequently asked questions
Straight answers about Shams Free Zone. Anything else — ask GK AI or message us.
View all FAQsHow many visas can I get with a Shams Free Zone licence?
Importantly, visa quota is tied to the package and office you choose. Shams Free Zone packages as a rule 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.
What is the difference between an FZE and an FZCO in Shams Free Zone?
An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in Shams Free Zone are usually the same.
How long does the Shams Free Zone licence take?
Once your documents are complete, the licensing authority typically issues the licence within 3 working days. Visas and bank account opening follow afterwards.
Can a Icelandic citizen own 100% of a company in Shams Free Zone?
Yes. Icelanders can own the full share capital of a Shams Free Zone company with no local partner, exactly like any other nationality.
Do Icelanders need a UAE visa before applying for Shams Free Zone?
No, it does not. You can apply for the licence from Iceland with scanned documents, and the investor residence visa is handled afterwards.
Get a free quote
Ready to start your business in Shams Free Zone?
Call or WhatsApp GoldenKey today and a consultant will walk you through Shams Free Zone company formation for Icelanders step by step, with no obligation and no pressure.
Good to know
More about Shams Free Zone
Why the UAE
Put simply, the dirham has been pegged to the US dollar since 1997, which removes currency risk for Shams Free Zone company formation for Icelanders and makes international pricing simple. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of Shams Free Zone company formation for Icelanders predictable.
Why GoldenKey
Most of our Shams Free Zone clients come to us through referrals from other entrepreneurs, which is why we take pride in keeping every promise we put in writing. After your Shams Free Zone licence is released, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Shams Free Zone company formation for Icelanders happen the same day they are ready.
