Business Setup in Sharjah Free Zone
Free Zones are designated areas within the country that offer special economic regulations and benefits to promote foreign investment, trade, and business setups. These Free Zones offer numerous benefits and a lucrative environment, attracting investors and entrepreneurs to set up a company in Sharjah Free Zones.
The first free zone of the UAE is the Jebel Ali Free Zone, founded in 1985, and today, there are more than 40 free zones at various locations in the country. These free zones are categorised into different industries and business needs. Some of the prominent ones include –
- Hamriyah Free Zone (HFZ)
- Sharjah HealthCare City (SHCC)
- Sharjah Media City (SHAMS) Free Zone
- Sharjah Publishing City Free Zone (SPC)
- Sharjah Airport International Free Zone (SAIF)
- Sharjah Research Technology and Innovation Park (SRTIP) Free Zone
Documents Required for Business Set up in Sharjah Free Zone
The regulations and the laws associated with Free Zones differ in various locations. The requirement of documents may also vary. However, some of the important documents include –
- NOC
- MOA & AOA
- Application Form
- Copy of Trade License
- Passport copies of Shareholders
- Sharjah Publishing City Free Zone (SPC)
Benefits Associated With Company Setup in Sharjah Free Zone
Sharjah is the third largest emirate in the UAE, after Dubai and Abu Dhabi. It is close to markets like Dubai and Ajman. Also, the government provides many benefits to these companies, especially when they set up and operate in the Free zones of Sharjah.
Sharjah Free Zone offers various company formation options, including free zone company (FZC), free zone establishment (FZE), and branch office setups. This flexibility allows businesses to choose the most suitable structure based on their specific requirements.
Apart from that, more benefits are associated with company setup in the Sharjah Free Zone. This may include –
- Strategic Location
- Repatriating profits
- Corporate tax exemptions
- Capital without constraints
- Infrastructure and Support Services
So, whether you want to set up an IT company, media and entertainment industry, or a health care organisation, the Sharjah Free Zone is considered the best region for businesses in various industries to expand and grow.
Choose AIMS UAE For Business Setup
Whether you are an entrepreneur with a business plan or an operational company looking for another establishment in the dynamic market of Sharjah, AIMs UAE can be your partner of choice for a company set up in the Sharjah Free Zone. We provide the best consulting services to help you start a new company. Setting up a business in the Sharjah-free zone requires a systematic approach and non-negotiable paperwork.
With AIMS UAE, you can be assured that all work related to your company setup is handled carefully and professionally. Our experts in AIMS help you with the company setup and are also dedicated to providing recommendations that can help you thrive in the competitive landscape of Sharjah, UAE.
Licensing and Costing in Sharjah Free Zone
The free zones of Sharjah provide three types of licenses, and one is mandatory before establishing a company here.
- Industrial Licence: Companies involved in manufacturing and production must have an industrial license.
- Trading Licence: This is provided to the organisation involved in purchasing and selling a product.
- Service Licence: Organisations that are service-based are supplied with a service license.
The free zones of Sharjah follow distinctive regulations, which means that the cost of setting up a company may vary based on different locations and the availability of resources. For example, a business set up in Sharjah Media City can cost up to 25000 AED. In contrast, the cost of setting up a company in the Sharjah Airport International Free Zone can go up to 35000 AED.
To understand the exact cost, contact us, and we will surely help you with everything you need.
