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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.