Company Formation In Sharjah Free Zones

Why Set Up a Business in Sharjah Freezone

If you are thinking about setting up a business in UAE Free Zones, here are 9 reasons why it is the perfect place for your business.

100% Foreign ownership

Businesses in Sharjah Free Zones can be 100% owned by foreign nationals, with no local sponsor required.

Tax Exemptions

Companies in Sharjah Free Zones are exempt from corporate and personal income taxes and customs duties on imports and exports..

Streamlined processes

The registration process for companies in Sharjah Free Zones is fast and straightforward, with minimal bureaucracy and red tape.

Access to World-class Infrastructure

Sharjah Free Zones offer modern facilities and infrastructure, including office space, warehouses, and industrial land.

Proximity to major transportation hubs

Sharjah Free Zones are conveniently located near airports, seaports, and highways, facilitating easy import and export of goods.

Range of License Categories

Different license categories allow professional, industrial, and commercial activities in free zones.

Strong legal framework

Sharjah's robust legal system safeguards businesses and investors, ensuring a stable and secure environment for commercial activities.

How to Setup Business in Sharjah Free Zones?

Setting up a business in Sharjah Free Zones is easy. Here are the steps you need to follow:

Step 1: Define Your Business Activity and Structure

The first step in setting up a business in Sharjah Free Zones is to define your business activity and structure. This will determine the type of legal entity you need to establish, such as a Free Zone Establishment (FZE), Free Zone Company (FZC), or Branch Office.

You will also need to determine the type of business activity you wish to engage in, such as trading, manufacturing, or services.

Step 2: Choose the Type of License You Need

Once you have defined your business activity and structure, you must choose the license type you need. This will depend on the nature of your business activity and your chosen legal entity. Here are some of the trade licenses you can get in the UAE.

Step 3: Obtain Free Zone Trade License

The next step is to obtain a Free Zone Trade License. To do this, you must submit your license application to the relevant authority in the free zone. You must also provide supporting documents, such as your business plan, financial statements, and passport copies.

Step 4: Submitting a Visa Application

Once you have obtained your Free Zone Trade License, you can apply for visas for yourself and your employees. This involves submitting an application to the relevant immigration authority and supporting documents such as passport copies, photos, and medical certificates.

Step 5: Apply for Free Zone Bank Account

To manage your business finances, you will need to open a corporate bank account in a bank located in the free zone. This involves submitting an application to the bank and supporting documents such as your business license, passport copies, and proof of address.

Overall, company formation in Sharjah Free Zone is pretty easy, with minimal bureaucracy and red tape. Following these steps, you can establish a presence in Sharjah and access the lucrative Middle Eastern market.

List of Free Zones in the Sharjah

Sharjah is home to six free zones that offer a range of benefits and incentives to businesses looking to establish a presence in the UAE. Here are some of the most popular free zones for business setup in Sharjah: