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How to Setting Up a Company in Sharjah Free Zone
Known for its robust economy and strategic geographical location, the United Arab Emirates (UAE) has become a preferred destination for entrepreneurs worldwide. Among its seven emirates, Sharjah holds a distinctive place with its thriving industrial sector and business-friendly policies. The emirate’s Free Zone areas, in particular, offer several attractive advantages to businesses, making it an ideal location to establish a company. In this blog, we will guide you on how to: Setting up a company in the Sharjah Free Zone, where licensing packages start from an accessible AED 6,500.
Before you venture into establishing a business, it is vital to understand the numerous benefits Sharjah Free Zone provides. These include 100% foreign ownership, 100% repatriation of capital and profits, and exemption from personal and corporate taxes. Furthermore, it also offers ready access to a skilled workforce, state-of-the-art infrastructure, and strategic proximity to seaports and airports, facilitating seamless logistics and trade.
- TABLE OF CONTENTS
How to Setting Up a Company in Sharjah Free Zone
Define Your Business Activity
The first essential step in your Sharjah Free Zone company setup is determining your business activity. Whether it’s trading, consulting, media, IT, manufacturing, or any other commercial, professional, or industrial venture, your chosen activity will determine the type of business license in the UAE required.
Select Your Company Type
Next, define the legal structure of your company. Options in the Sharjah Free Zone include a Free Zone Establishment (FZE), Free Zone Company (FZC), or a branch of an existing local or foreign business. Your choice depends on factors like the number of shareholders, your operational goals, and long-term business vision.
Choose a Trade Name
Selecting a unique and relevant trade name in the UAE is crucial as it reflects your brand identity. Ensure the name complies with the trade name guidelines set by the respective Free Zone authority to avoid delays in the registration process.
Apply for a Business License
After finalizing your business activity and company name, it’s time to apply for a business license. The type of license will depend on your business activity – a Trading License for trading activities, a Service License for service-oriented businesses, and an Industrial License for manufacturing or industrial activities. Ensure to submit all the necessary documents, including passport copies of the shareholders and completed application forms.
Secure Your Office Space
Every Free Zone company must have a physical address. Depending on your operational needs, you can choose from flexi-desk options, dedicated offices, or even warehouses—tailored to the scale and nature of your business
Complete Your Registration
Once the above steps are completed and the required fees are paid, your business license will be issued by the Free Zone authority, marking the successful registration of your company.
How Can Choose UAE Help
Embarking on the journey of setting up a company in the Sharjah Free Zone can seem challenging, but with the right guidance, the process can be smooth and rewarding. At Choose UAE, our team of experts can assist you at every step of your Sharjah Free Zone company setup journey – from choosing the right business activity and securing the license to finding the ideal office space. Our deep understanding of the UAE’s business landscape, coupled with our dedication to your success, ensures a seamless and hassle-free company setup process. Reach out to us today to kickstart your business venture in Sharjah Free Zone.
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