Free Zone Comparison
Meydan FZ vs SHAMS
SHAMS at AED 5,750 costs less than half of Meydan's AED 12,500. But Meydan puts "Dubai" on your license — and for some clients, that's worth every dirham of the difference.
Meydan FZ
Dubai
AED 12,500
Year 1 from
SHAMS
Sharjah
AED 5,750
Year 1 from
CheaperQuick Verdict
- ● Choose SHAMS if cost is your priority — AED 6,750 cheaper in Year 1
- ● Choose SHAMS if you need more visas — up to 20
- ● Choose SHAMS for overall quality — rated 4.1/5
- ● Choose SHAMS for faster setup — 5 days processing
- ● Both offer 100% foreign ownership with no local sponsor required
Our Analysis
SHAMS at AED 5,750 is less than half of Meydan's AED 12,500 — and that AED 6,750 difference is entirely the cost of putting 'Dubai' instead of 'Sharjah' on your trade license. With one visa, SHAMS totals AED 19,620 versus Meydan's AED 29,100. That's AED 9,480 saved — enough to cover two visa processing fees elsewhere.
SHAMS processes visas in 4-5 working days versus Meydan's 10-20. SHAMS skips the audit requirement entirely; Meydan mandates annual audited accounts. SHAMS supports up to 20 visas versus Meydan's 6 — a significant gap for businesses planning to hire. The trade-off: Meydan covers 2,500+ activities while SHAMS focuses on 120+ media and services categories. If your business needs general trading or e-commerce activities, SHAMS doesn't cover it. Meydan also offers a 60-minute Fawri licence and instalment payment plans. For media freelancers and consultants, SHAMS is the clear budget winner. For businesses needing activity breadth with a Dubai address, Meydan justifies the premium.
Meydan FZ vs SHAMS at a Glance
| Metric | Meydan FZ | SHAMS |
|---|---|---|
| Emirate | Dubai | Sharjah |
| Year 1 From | AED 12,500 | AED 5,750 🏆 |
| Renewal From | AED 12,500 | AED 5,750 🏆 |
| Rating | ★ 3.7/5 | ★ 4.1/5 🏆 |
| Max Visas | 6 | 20 🏆 |
| Processing Time | 15 days | 5 days 🏆 |
| Banking | Moderate | Moderate |
| Established | 2009 | 2017 |
| Companies | 1,000+ | 13,500+ |
Year 1 From
Meydan FZ
AED 12,500
SHAMS
AED 5,750
Renewal From
Meydan FZ
AED 12,500
SHAMS
AED 5,750
Rating
Meydan FZ
3.7/5
SHAMS
4.1/5
Max Visas
Meydan FZ
6
SHAMS
20
Processing
Meydan FZ
15 days
SHAMS
5 days
Banking
Meydan FZ
Moderate
SHAMS
Moderate
Package Pricing Breakdown
Meydan FZ Packages
Dubai · 6 packages
Regular License (No Visa)
No visa · Flexi Desk
AED 12,500
Year 1
Renewal: AED 12,500/yr
Fawri License (60-Min Instant)
No visa · Virtual
AED 15,000
Year 1
Renewal: AED 15,000/yr
1 Visa Package
Up to 1 visa · Flexi Desk
AED 29,100
Year 1
Renewal: AED 23,350/yr
2 Visa Package
Up to 2 visas · Flexi Desk
AED 38,600
Year 1
Renewal: AED 25,600/yr
SHAMS Packages
Sharjah · 5 packages
Media License (0 Visa)
No visa · Flexi Desk
AED 5,750
Year 1
Renewal: AED 5,750/yr
Standard License (0 Visa)
No visa · Flexi Desk
AED 6,875
Year 1
Renewal: AED 6,875/yr
Flexi-Desk + 1 Visa Package
Up to 1 visa · Flexi Desk
AED 19,620
Year 1
Renewal: AED 15,520/yr
Flexi-Desk + 2 Visa Package
Up to 2 visas · Flexi Desk
AED 26,015
Year 1
Renewal: AED 21,915/yr
Feature Comparison
| Feature | Meydan FZ | SHAMS |
|---|---|---|
| Mainland Trading | ✓ Yes | ✗ No |
| Physical Office Required | Not Required | Not Required |
| Dual License | ✗ No | ✗ No |
| Crypto Friendly | ✗ No | ✗ No |
| Online Portal | ✓ Yes | ✓ Yes |
| Co-working | ✗ No | ✓ Yes |
| Audit Required | Required | Not Required |
Who Should Choose Which?
Choose Meydan FZ if you...
- ✓ Want freelancers
- ✓ Want consultants
- ✓ Want e-commerce
- ✓ Want side hustlers
- ✓ Want budget-conscious startups
Choose SHAMS if you...
- ✓ Want freelancers
- ✓ Want media & creative
- ✓ Want consultants
- ✓ Want e-commerce
- ✓ Want bootstrapped startups
- ✓ Want the lowest cost option (AED 6,750 less)
Pros & Cons
Meydan FZ
Pros
- ✓ Competitive pricing — regular license from AED 12,500, comparable to IFZA
- ✓ Fawri (instant) License: 60-minute LLC setup at AED 15,000 with money-back guarantee
- ✓ 2,500+ business activities — widest range among budget free zones
- ✓ No physical office requirement — virtual/flexi desk options available
Cons
- ✗ Small ecosystem — only ~1,000 registered companies versus DMCC's 26,000
- ✗ 83,000+ 'members' figure is misleading — likely inflated with non-active registrations
- ✗ 'Guaranteed IBAN' marketing means guaranteed introduction, not guaranteed bank approval
- ✗ Banking more challenging than DMCC — some banks less familiar with Meydan
SHAMS
Pros
- ✓ Low entry pricing — business licenses from AED 5,750 (0-visa)
- ✓ Fully digital setup: entire process is online (application, payment, license issuance)
- ✓ Up to five business activities under one license, even across sectors
- ✓ Visa scalability: up to 20 visas per license depending on package and facility
Cons
- ✗ Pricing fragmentation: multiple starting points (AED 5,750 vs AED 6,875) and agent bundles differ — expect quote variance
- ✗ Visa process costs inconsistently quoted across sources — confirm latest fee schedule during onboarding
- ✗ Banking friction remains real: partner introductions help, but KYC can extend timelines to weeks
- ✗ Activity count (120+) is smaller than mega free zones with thousands of activities
Still not sure?
Try our calculator to find the cheapest free zone for your specific requirements, or get a personalised quote.
Frequently Asked Questions
Which is cheaper, Meydan FZ or SHAMS?
SHAMS is cheaper by AED 6,750 in Year 1. SHAMS starts from AED 5,750 while Meydan FZ starts from AED 12,500. However, the cheaper option may not include the same features — check the full comparison above for details.
What is the main difference between Meydan FZ and SHAMS?
Meydan FZ is based in Dubai and is best for Freelancers, Consultants, E-commerce. SHAMS is based in Sharjah and is best for Freelancers, Media & Creative, Consultants. Meydan FZ starts from AED 12,500 while SHAMS starts from AED 5,750.
Which has easier banking, Meydan FZ or SHAMS?
Both Meydan FZ and SHAMS are rated "Moderate" for banking difficulty, meaning there is no significant difference in how easily you can open a corporate bank account.
How many visas can I get with Meydan FZ vs SHAMS?
Meydan FZ supports up to 6 visas, while SHAMS supports up to 20 visas. SHAMS offers more visa capacity.
Is Meydan FZ or SHAMS better for my business?
It depends on your priorities. Choose Meydan FZ if you want freelancers focus and a Dubai address. Choose SHAMS if you need freelancers support and lower costs. Use our calculator to find the best match for your specific requirements.