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Sharjah Free Zone Company Setup Cost
Setting up a business in one of Sharjah’s Free Zones can be a lucrative opportunity for entrepreneurs and businesses alike. Famed for its strategic location, state-of-the-art infrastructure, and pro-business policies, Sharjah offers a multitude of benefits for businesses looking to expand their reach. However, understanding the cost associated with this venture is crucial to ensure your business plan’s viability. In this article, Choose UAE delves deep into Sharjah Free Zone company setup cost and other factors involved.
Cost Breakdown for Sharjah Free Zone Company Setup
Sharjah is home to several Free Zones, each catering to specific industries. Therefore, the cost of company setup can vary depending on the chosen Free Zone. However, a general breakdown of the cost is as follows:
The starting price for a business license in Sharjah’s Free Zones is typically around AED 6,500. However, this cost can vary depending on the Free Zone’s specific rules and the nature of your business operations. Note that this fee is recurrent and must be paid annually.
Office or Warehouse Leasing
The cost of leasing an office or warehouse space in Sharjah’s Free Zones varies depending on the location, size, and facilities of the premises. Most Free Zones provide flexible options ranging from smart offices to executive offices and warehouses, catering to businesses of all sizes and needs.
The cost of processing visas for the business owner and employees is an additional expense that companies need to account for. The exact cost depends on the number of visas required and the specific Free Zone’s rules.
In addition to the business license fee, there are various other administrative and ancillary fees to consider when forming a company. This might include fees for registration, notarization, drafting of company documents like the Memorandum and Articles of Association, and setting up a corporate bank account.
How Can Choose UAE Help
At Choose UAE, we understand that setting up a company in a Free Zone can seem like a daunting task, given the various cost factors and regulatory requirements involved. But don’t worry – we’re here to assist! Our team of business setup consultants can guide you through each step of the process, ensuring you understand the cost implications and making your company formation journey as smooth as possible. We can help you:
- Assist in the preparation and submission of all necessary documentation.
- Guide you through the visa application process for you and your employees.
- Help you find the right office or warehouse space that fits your budget and requirements.
- Assist in opening a corporate bank account, ensuring a seamless start to your business operations.
With Choose UAE, you can rest assured that your business setup in Sharjah’s Free Zones is in reliable hands. Contact us today to get started on your company formation journey.