Step-by-Step Guide to Starting a Company in SHAMS or IFZA - A Practical Guide for Entrepreneurs in Dubai
Introduction
Setting up a business in the UAE has become a top priority for global entrepreneurs, startups, and professionals seeking strategic access to international markets. Two of the most popular and cost-effective free zones for company formation in or near Dubai are SHAMS Free Zone and the International Free Zone Authority (IFZA). Whether you are launching a consultancy, e-commerce platform, tech service, or creative agency, this guide outlines a for Starting a Company in SHAMS or IFZA with clarity, practical advice, and actionable steps. We will also explain how Ofin Global with operations in both India and the UAE can support your journey from preparation to launch and beyond.
What Is SHAMS or IFZA
SHAMS Free Zone
SHAMS (Sharjah Media City Free Zone) is a modern business hub in the UAE designed for entrepreneurs, creatives, freelancers, and SMEs. It offers quick, affordable, and digital-friendly setup processes with flexible licensing options and up to 20 visas per license without requiring a No Objection Certificate (NOC) from your employer. SHAMS also supports up to five business activities on one license and enables full foreign ownership.
IFZA (International Free Zone Authority)
IFZA is a cost-effective and flexible free zone under Dubai Silicon Oasis Authority that has become increasingly popular for business owners in Dubai. IFZA supports a wide range of activities including trade, services, consulting, and tech, and allows 100% foreign ownership with various legal structures like FZE and FZCO. Its streamlined online process enables company setup remotely in a matter of days
Both free zones provide entrepreneurs with a legal framework to establish a UAE company, sponsor visas, open bank accounts, and operate internationally — key reasons why many investors choose Starting a Company in SHAMS or IFZA as their first step into the UAE business ecosystem.
Ofin Global in Dubai (and Across India & UAE)
Navigating the process of company formation in SHAMS or IFZA — from understanding business activities to preparing the right documents and securing approvals can be complex for first-time founders and international entrepreneurs. This is where Ofin Global comes in.
Ofin Global is a business setup and consulting firm with a strong presence in both the UAE and India. With deep expertise in cross-border company formation, accounting, compliance, and immigration services, Ofin Global helps entrepreneurs simplify the entire corporate setup process. Whether you are planning to establish a new venture in Dubai, Sharjah, or across other UAE free zones, Ofin Global’s team provides tailored support that integrates both local insights and international best practices.