Sharjah Free Zone Company Formation
Forming a company in Sharjah Free Zone offers businesses a strategic advantage in the UAE. Known for its investor-friendly policies, Sharjah Free Zones provide streamlined processes for company formation, fostering a conducive environment for entrepreneurship. With access to state-of-the-art infrastructure, tax exemptions, and 100% foreign ownership, companies here thrive in a diverse economic landscape, attracting both local and international investors seeking growth and expansion opportunities in the Middle East.
Start A Company In Sharjah Free Zones
Easy company formation solutions in Sharjah’s prominent free zones.
For SMEs, establishing a free zone company in Sharjah offers a number of benefits, including affordable labour and amazing working space. It is quick and easy because of the well-developed infrastructure and simplified 24-hour licensing services available there.
The jurisdiction is recognised for having reasonable rentals and straightforward procedures, which makes it a desirable option for business formation. Brightlink Business Setup team is available to assist you in handling the legal paperwork, banking, visa processing and other important work.
Types Of Licenses In Sharjah Free Zone
A business licence is required to open a firm in the UAE. Three primary Sharjah free zone license categories are:
How To Set Up A Business In Sharjah Free Zone?
Follow these crucial steps to launch a business in Sharjah Free Zone effectively:
Research
Plan and thoroughly study your business nature before choosing the best free zone for your sector.
Business Setup Plan
Create a comprehensive business setup plan that details your goals, strategic thinking, and projected financials.
Pick a Company Name
Make a decision on an original company name, then reserve it with the selected free zone.
Infrastructure Setup
Find the necessary facilities and workspace for your company’s activities.
Workforce Estimation
Establish the number of people your company will require and make plans for their hiring.
Capital Deposit
Fund the appropriate bank account with the minimum capital the authorities have mandated.
Registration and Licensing
Complete your business’s registration and licensing procedures with the appropriate authorities.
Documents
Sign the formation documents in front of free zone officials, whether they are an individual, a corporation, or both.
COMPANY FORMATION PROCESS
Obtaining A Sharjah Free Zone License :
Step-By-Step Guide.
Initial Approval
To get the initial approval, you must submit the following documents:
- Completed application form
- Business plan
- Two years of audited financial reports for a corporate entity or a certificate of reference from a personal bank of the individual shareholder
- Letter of Intent
- Copy of the existing trade license/registration certificate (applicable to local companies only)
- Coloured passport copies of the company’s shareholders and the appointed Manager/Director for the new company
- Unit title deed
- Specimen signature of the company’s shareholders and the appointed Manager/Director for the new company
- No Objection Certificate (NOC) from the current sponsor (for individuals)
- Registry Identification Code Form (RIC) for Manager/Director (Original and notarized)
Licensing and Visa Process
The following procedures are involved in the final steps:
- The authority will make lease agreements.
- The trade license will be granted.
- Visa approvals
Registration
The next step is to finish the registration procedure by paying the needed fees and submitting the necessary documents after receiving the initial permission. The following paperwork is required for registration:
- Completed application for registration
- Board Resolution appointing the Manager/Director (Notarized and attested)
- Power of Attorney given to the Manager/Director (Notarized and attested)
- Memorandum and Articles of Association (Notarized and attested)
- Specimen signature of the Manager/Director (Notarized and attested)
- Passport-size photo of the Manager/Director against a white background
- Share capital information
Note: Brightlink ensures that you have all the required documentation, ensuring a smooth and successful acquisition of a Sharjah Free Zone license for your business.
Benefits Of Business Setup In The Sharjah Free Zone?
100% Repatriation of Capital & Profits
Seamless and efficient company registration process, tailored to your business needs.
100% Foreign Ownership
Opportunity to own your businesses entirely. Maintain full control and decision-making authority.
Free Transfer of Funds
Facilitates seamless & unrestricted movement of funds. Convenient for businesses to conduct international transactions.
Low-Cost Abundant Energy Supply
Benefit from a readily available and cost-effective energy supply. Reduce operational expenses.
No Currency Restrictions
No limitations on currency conversions or transactions. Engage in global trade with ease.
Exemptions of Import and Export
Enjoy a 100% exemption on import and export duties. Fosters a favourable trade environment.
24-Hour Licensing Services
Streamlined and efficient licensing services. Enabling you to start operations as soon as possible.
Affordable Lease Rents
Lower cost of leasing commercial spaces in the free zone. An attractive choice for businesses seeking cost-effective solutions.
Low-Cost Labor & Warehouse
Availability of skilled yet affordable labour and warehouse facilities within the Sharjah Free Zone.
Close to Major Ports & an International Airport
Access to significant ports and the Sharjah International Airport. Smooth import, export activities & efficient logistics.
Explore Sharjah’s Vast Opportunities With Brightlink Management Consultancy.
Certainly, Sharjah has become a significant economic trading hub in the UAE.
Entrepreneurs are now exploring opportunities beyond Dubai, recognizing the potential of lesser-known yet equally important locations. However, navigating this process alone can be daunting. That’s where Brightlink comes in.
Brightlink assists with licensing procedures, banking, visa arrangements, legal matters, and finding suitable workspace, supporting you throughout the entire journey.
What Is Sharjah Business Setup Cost?
The Sharjah free zone license costs start from AED 5,750*, but additional costs and fees are also there to take note of.
It will come at an additional cost if you need office or warehouse space, multi-year visas, or increased visa quotas. When getting a license for Sharjah Free Zone, be aware of the required initial setup and yearly renewal fees.
It’s tough to handle everything alone when it comes to setting up your business in a foreign country. Taking assistance from a certified advisor becomes crucial in such scenarios. Shuraa can assist you in getting your licenses within two days. We will help you stay compliant and avoid any unneeded penalties.
Get A Sharjah Free Zones Business License For Multiple Opportunities
And 100% Ownership With Brightlink.
Frequently Asked Questions
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