Sharjah Free Zones2024-10-03T16:05:59+04:00

UAE MAINLAND

SHARJAH FREE ZONE

What is the significance of having a UAE mainland firm, and what does it represent?

Sharjah free zones are significant in drawing outside capital and advancing the emirate’s economic growth.

Sharjah Free Zone

UAE Mainland

Sharjah free zones are significant in drawing outside capital and advancing the emirate’s economic growth.

What is the significance of having a UAE mainland firm, and what does it represent?

The Emirate of Sharjah have a specialised economic zone known as a “Sharjah Freezones” offers businesses and investors a range of incentives and benefits with the goal of promoting economic growth, industrial development, and diversification while also drawing in foreign investment.

Thus, from 1995 when the first Sharjah freezone was created, Sharjah has created several other freezones, like each of which serves a different set of commercial interests and industries.

A lot of business activities are available in Sharjah freezones. The particular business opportunities that are allowed for establishment in Sharjah may vary based on the objectives and rules of each of its particular freezones. The businesses that are covered by Sharjah’s freezones include small companies, media, and Technology.

Right now, entrepreneurs and business owners have the option of setting up their enterprises in any of the following zones:

• Sharjah Airport International Freezones (SAIF Zone)

• Hamriyah Freezones (HFZ)

• Sharjah Media City (Shams)

• Sharjah Publishing City Freezones (SPC Freezones)

• Sharjah Research, Technology, and Innovation Park (SRTIP)

Each one of the freezones in Sharjah have unique advantages and is having different industries and with different business needs, this makes Sharjah a unique and attractive destination for a variety of businesses.

Freezones are made to support businesses and activities. Every Freezones has its own rules, regulations, and approved activities. They are frequently perfect for companies in the logistics, technology, import and export, and warehousing sectors.

The specific requirements and conditions can be different in between different freezones in Sharjah. Therefore, it is crucial to consult with the relevant freezones authority. Seek the guidance of Business Setup Consultants who can provide detailed information based on your specific business needs and objectives.

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Latest articles

Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Sharjah Free Zones

These zones are frequently perfect for companies in the logistics, technology, import and export, and warehousing sectors.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Sharjah Free zone For Your Company Formation?

Businesses can start very quickly and effectively in Sharjah free zones with its smooth processes.

Trading Activities, Industrial Activities, Media, Information Technology and Software Development are some of the business activities that are allowed within the Sharjah free zones especially in Sharjah publishing city freezone.

SAIF Zone was developed with the purpose of attracting and encouraging foreign investments and companies by utilizing Sharjah’s favourable location and strong infrastructure.  Hamriyah free zone is a centre for several industrial and commercial properties. The specific requirements and restrictions can be different in freezones.

Employers in Sharjah Free zones have easy access to Sharjah’s workforce for hiring requirements. Investors can return 100% of their profits and capital without any restrictions, with complete financial flexibility.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Sharjah Free Zones

What is the cheapest license in Sharjah freezones?2024-06-26T08:04:13+04:00

Sharjah free zones license cost depends on various factors, such as office rent, visa fees, and other expenses related to business setup. Sharjah business license at SPC Freezones, which is considered one of the most cost-effective freezones in the UAE, starts from AED 5750.

What are the reasons for the variation in company registration and annual renewal fees in Sharjah Freezones?2024-06-26T08:05:10+04:00

Sharjah company registration and the associated annual renewal fees can vary depending on several factors, including the type of business activity, the size of the office space, and the specific freezones within Sharjah you choose.

Will the Government or the Freezones Authority provide finance for projects?2024-06-26T08:06:17+04:00

At present, neither the government nor Sharjah free zones provide monetary support for investments. However, there are over 40 international banks throughout Sharjah that will provide finance.

Can I combine different business activities under one license?2024-06-26T08:07:04+04:00

Yes, you can combine activities from different sectors, such as general trading, service, media, and E-commerce, depending on the package you select.

Are there any restrictions on certain types of businesses in Sharjah freezones?2024-06-26T08:07:51+04:00

Yes, there are some restrictions in Sharjah Freezones, particularly for regulated sectors like healthcare and finance. When compared to other business categories, these industries frequently need extra permissions and compliance with regulations, which makes the setup procedure more difficult.

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