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.
Why Shams Free Zone
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.
How Shams Free Zone works with GoldenKey
Step 1Consultation 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.
Step 2Name 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.
Step 3Document 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.
Step 4Licence 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.
Documents required
Crucially, gather these documents and GoldenKey will take care of the rest of Shams Free Zone company formation for Icelanders.
- A no-objection certificate from your employer if you hold a UAE employment visa
- Your current residence visa and Emirates ID copy if you are a UAE resident
- The UAE entry stamp or visa page if you are already in the country
- 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
Pricing
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.
Pricing available on request — message us for a written quotation.
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.
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.
Frequently asked questions
How 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.


