Audit & Assurance
Sharjah Media City Free Zone (SHAMS) is an economic zone in Sharjah, United Arab Emirates that was established to provide a conducive environment for the development of broadcasting and digital media businesses. The zone offers a number of incentives such as reduced business taxes, access to infrastructure and manpower, and preferential treatment from government officials. SHAMS has also developed into one of the most important hubs for the region’s media and entertainment industries.
Sharjah is the third largest emirate in the UAE, and the number of businessmen and entrepreneurs coming to the country to set up shop has increased. With the growing demand for media-dependent industries, a number of free zones focusing on such creative businesses have emerged. Sharjah Media City (or SHAMS) is the latest addition to the UAE's free zones that focus on media-related companies and companies in related fields.
Sharjah Media City (SHAMS) is one of the newest media cities in Sharjah, having opened its doors in 2017. Sharjah Media City was established in January 2017 with the goal of providing a platform for entrepreneurs to invest in and grow their businesses.
A company in the Sharjah Media City Free Zone can obtain one of three types of licences. They are as follows:
Service permit
This licence allows for the creation, transformation, reproduction, distribution, and provision of other related services. The service licence will allow the companies to maximise the use of the goods.
Business License
This licence is required when importing or exporting goods or selling a specific good within the SHAMS Free Zone. This licence will also cover any goods movement or sale, whether wholesale or retail.
Industrial Permit
This licence permits the transformation, production, re-production, and/or manufacturing of a product.
Approved auditors are individuals or firms who have been approved by the free zone's managing authority. An audit of a free zone company can only be performed by an approved auditor. This is why it is critical to enlist the help of an approved auditor to conduct an audit of the company in Sharjah Media City. Management will not consider engaging the services of an audit firm that is not an approved auditor.
If you are looking for Audit firms in Sharjah for your business in Sharjah Media City, you should consider the services offered by Reyson Badger. The experts at Reyson Badger will first understand your business and then provide a solution that meets the needs of the company.