Sharjah boasts top infrastructure, facilitating easy transportation to/from free zones. Its strategic location between Dubai and Abu Dhabi enhances accessibility.
There are 3 main types of licenses available including, commercial license, industrial license, and professional license for a company setup in the Sharjah mainland. Each covers certain business activities. The involved authorities also issue some special licenses based on chosen criteria, such as a business operation permit.
A substantial Commercial license is provided based on a small business setup in the commercial areas of the city. It might be a hotel or a restaurant as well as a car rental subscription.
Sharjah is one of the most important emirates and economic regions of the UAE. Setting up a company in Sharjah is very easy. You can contact us by text on WhatsApp or call us today for consultancy as well as assistance with the formation of your company as well as completing legal requirements.
Doing it as a naive person would take months due to which we are here available to deal with everything and your company will be registered in less than a week including all the additional regulatory approvals.
In Sharjah, a corporation needs to have at least one director. This director does not have to live in Sharjah.
The minimum capital needed to establish a FZE or FZC is AED 150,000, or US $41,000; however, no minimum capital is needed to establish a branch of a foreign or local company in Sharjah.
Corporate tax is not required for businesses operating in Sharjah. Furthermore, Sharjah businesses are allowed to repatriate all earnings and capital from the United Arab Emirates. Additionally, a 5% custom duty is applied to distributors who want to sell in the United Arab Emirates.
According to corporate law, all foreign businesses that operate in Sharjah are required to file yearly returns and have their financial accounts audited every year.
If a business has been established in the Sharjah Airport Free Zone, it is permitted for it to have 100% foreign ownership in Sharjah. No, establishing a corporation in Sharjah does not require a resident director.
To set up a business in the Sharjah free zone, around AED 150,000 would be required. The process of registering a business in Sharjah typically takes 13 weeks
The cost of acquiring a mainland license for Sharjah ranges from AED 15,000 to AED 30,000. The type of business, office rent, visa fees, and other related government expenses all affect this pricing.
Establishing a business in Sharjah might cost anything from AED 5,000 to AED 30,000 or more. The overall cost will vary depending on several variables, including office rent, visa processing fees, and other startup-related costs. With an initial cost of AED 6,000, the e-commerce license is the most economical option offered in Sharjah.
Yes, in order to establish a company in Mainland Sharjah, a local sponsor is needed.
Copies of the shareholders' passports, a NOC from the sponsor (if any), a memorandum of association, a lease agreement, and other pertinent papers are the required documents to setup a business in Sharjah.
Depending on your business's structure and the authorities' processing speed, the time frames vary. In general, it may require a few weeks or several months to obtain a business license in Sharjah
