In today’s digital era, e-commerce has greatly contributed to global business due to convenience and shifting consumer preferences. Many customers now prefer online platforms for shopping, supported by the rise of mobile applications and websites developed by supermarkets and hypermarkets.
The pandemic (COVID-19) further accelerated this trend, increasing cashless transactions due to restricted movement. Therefore, e-commerce has emerged as one of the most profitable sectors in the UAE, with Sharjah Media City (SHAMS) Free Zone offering an attractive e-commerce license.
In this article, we cover all the important information about the SHAMS e-commerce license, including its benefits, costs, application process, and validity. Our business setup experts in shams help you set up an e-commerce business in the SHAMS Free Zone.
What Is SHAMS E-Commerce License?
The SHAMS e-commerce license is a specialized license that allows businesses to conduct online trading activities, including selling goods and services through online platforms. Due to huge investments and demands on the digital front, the e-commerce license has become a popular choice among young entrepreneurs and digital businesses.
The e-commerce license, issued by the Sharjah Media City Free Zone, is perfect for businesses focused on digital retail, dropshipping, online consulting, and more. It is a great option for business owners who want affordable solutions and simple rules, allowing them to work in the UAE’s growing online market with an easy setup process.
Benefits of E-Commerce License In SHAMS:
The following are the benefits for entrepreneurs and investors who are interested in getting an e-commerce license in Sharjah:
1. 100% Foreign Ownership
This e-commerce license does not need a local partner to start your own business in this Free Zone. This allows you to have full control over your business operations. You can manage your profits without sharing them with a local sponsor. This is a great benefit for entrepreneurs who want independence and full ownership.
2. Tax Exemptions
The SHAMS e-commerce license offers significant tax exemptions. The e-commerce businesses lie under zero corporate tax and no personal income tax. Moreover, the businesses are exempt from import and export duties. These exemptions help reduce costs and increase profitability for your e-commerce business.
3. Cost-Effective Setup
The e-commerce license in SHAMS is a cost-effective solution for entrepreneurs interested in digital businesses. The licensing and operational costs of e-commerce licenses in SHAMS are much lower compared to other Free Zones in the UAE.
4. Access to a Growing Market
The license also gives you an opportunity to access the UAE’s growing online market, which is projected to exceed $17 billion by 2025. This growing sector provides huge opportunities for growth and success.
5. Ease of Setup
The license makes the business setup process simple and fast. The setup involves minimal paperwork, and approvals are fast. This ensures you can start your business operations quickly and without any complications.
6. Flexibility in Business Activities
With an e-commerce license in SHAMS, you can combine multiple activities under one license. This includes online trading, consulting, and marketing. This flexibility helps you expand your services and connect with more customers.
SHAMS E-Commerce License Cost & Additional Fees
SHAMS Free Zone is a cost-effective place to start an e-commerce business in the UAE. The cost of getting an e-commerce license In SHAMS is affordable as compared to other Free Zones in the UAE. The following is an overview of the general pricing:
- Basic License Fee: The basic license fee starts from AED 5,750 for a single activity.
- Additional Business Activities: If you want to add extra activities to your license, it involves additional costs.
- Visa Services: There are additional costs for employee visas, including medical tests.
- Bank Account: There are charges for setting up your corporate bank account.
In order to calculate the exact cost of starting an e-commerce business, you need to consult with experts at Now Consultant to understand all associated fees and avoid unexpected expense
Application Process of E-Commerce License In Sharjah:
By following the steps below, you can easily complete the e-commerce license application process and establish your business in the SHAMS Free Zone.
Step 1: Choose a Business Structure
In the first step, you need to select the legal structure that will govern your online business in the SHAMS Free Zone. Your chosen structure determines your operational framework and compliance with SHAMS Free Zone regulations.
Step 2: Choose and Register Your Business Name
In the second step, you need to propose up to three business names that reflect your company’s identity. You need to avoid using blasphemous or offensive language or names similar to well-known organizations.
Step 3: Register for E-Channel Services and Obtain an Immigration Card (For Non-Emirates Nationals Only)
In this step, if you are not a UAE national, you need to register for e-channel services to apply for an immigration card. You must make sure you fill in all the required information correctly during the online process. This step gives you access to government services and allows you to apply for other visas in the future.
Step 4: Process Your Visa (For Non-Emirates Nationals Only)
In the fourth step, if you are a non-UAE national, you need to apply for an entry visa. This visa allows you to stay in the UAE for up to 60 days. You need to complete a medical test, which includes an X-ray, blood test, and fingerprint scan. After that, you can apply for your Emirates ID. The Emirates ID is required to access various services in the UAE.
Step 5: Submit Required Documents
In the fifth step, you need to prepare and submit the required documents, which are explained below. You need to ensure that the submitted documents are accurate to avoid any delays in the application process. After submitting the documents, you can submit the completed application to the SHAMS Free Zone Authority.
Step 6: Address Additional Requirements
In the sixth step, you need to address all your additional requirements, such as hiring employees and managing office space or warehouse facilities for your e-commerce business operations.
Step 7: Pay SHAMS Fees
In this final step, you need to pay the applicable SHAMS Free Zone fees. You need to ensure timely payment to avoid delays in obtaining your e-commerce license. Once the payment is processed, your license will be issued, allowing you to start your business operations.
SHAMS E-Commerce License Validity Period
The E-Commerce License in SHAMS is valid for 1 year from the date of issuance. You can renew the license annually by providing updated documentation and paying the renewal fees. It is recommended that you renew your license before the expiration date to avoid any disruptions in your business activities.
How to Easily Start Your E-Commerce Business In SHAMS With Us?
Undoubtedly, the e-commerce license is a gateway to start a successful online business in Sharjah’s growing market. At Now Consultant, we make it easy for you to start your e-commerce business in the SHAMS Free Zone. Our experts help you every step of the way, from choosing the right business structure and registering your trade name to getting your immigration card and visa.
We make sure all your documents are accurate, complete, and submitted on time while applying for SHAMS e-commerce license to avoid any mistakes, delays, or penalties. We also assist with important tasks like hiring employees, finding office space, and managing warehousing needs for your business operations.
After your setup, we will continue to support you with services like SHAMS license renewals and compliance with UAE regulations.