Sharjah Free Zone Business Setup
In the UAE, Sharjah is one of the most flourishing economic regions. The Sharjah Government knows the significance of trade, service, and manufacturing and hence has the best-charted policies to promote foreign investment. Every policy formulated by the government of Sharjah is favorable for businesses around the world. That, in turn, contributed to the fast growth of the business background in Sharjah.
There are numerous advantages of Setting up a Business in Sharjah and some of them are 100% tax exemption, 100% foreign company ownership, no foreign exchange controls, robust communication, and excellent warehousing facility.
Types of Licenses in Sharjah
- Commercial License
- Industrial License
- Professional License
Legal Entities allowed in Sharjah
- Partnership Company
- Local Service Agent
- Limited Liability Partnership
- Local Company Branch Registration
- Foreign Company Branch Registration
- Public/Private Shareholding Company
- GCC Company Branch Registration
Process of Company Formation in Sharjah
Business set up in Sharjah needs the following procedures
- Sign MoA (Memorandum of Association) and a lease agreement in a public notary
- Finish documenting and pay fees for the licensing
- Get approval and apply for an establishment
- Get approval for employees and a stamp on a visa from the Immigration Department
- Find a local sponsor
- Submit the company registration to the Department of Economic Development (DED), and notarize the MoA (Memorandum of Association)
- After filing documents with DED, need to obtain approval for location and inspection from the Municipality
Standard Auditing helps in starting a business in Sharjah and expand with profit. With years of experience, our advisors can make the complete process hassle-free for you. Our wide domain familiarity with the Emirate laws helps ensure the setting up of your business without the needless bureaucratic issues. To know more, contact us today.
