Business Setup In Sharjah Publishing City Free Zone
Business Licenses Available for Sharjah Publishing City Free Zone
In the SPCFZ, you’ll have the choice between one of several business licenses:
Commercial License
A Commercial License in SPCFZ is ideal for businesses that buy and sell goods or engage in commercial activities. Whether you're a bookstore, distributor, or retail outlet, this license allows you to conduct trading activities within the Free Zone.
Trading License
Entrepreneurs looking to import, export, or trade goods within the SPCFZ territory can opt for a Trading License. This license enables businesses to engage in wholesale or retail trading activities, facilitating the smooth flow of goods within the Free Zone.
Service License
For businesses offering specialized services within the publishing and media industry, a Services License is the way to go. Whether you're a content creator, graphic designer, or marketing agency, this license permits you to provide a wide range of services within SPCFZ.
E-Commerce License
In today's digital age, online businesses play a crucial role in the publishing and media landscape. An E-Commerce License in SPCFZ caters to entrepreneurs operating digital platforms, online bookstores, or e-publishing ventures, allowing them to conduct electronic commerce activities with ease.
Required Documents and Steps to Obtain Your Business License
Securing your business license is designed to be an easy process. Here are the steps you'll want to take to obtain yours and the documents you'll want to have ready:
For LLCs and Professional Firms
- KYC Form (MSZ will share after acceptance of proposal).
- 3 - Optional Trade names of the company (on the basis of your preference).
- Passports copy of Shareholder(s).
- Visa page copy/entry page copy of shareholder(s).
- Passport size pictures with white background.
- Contact details (Mobile Number & Email Address) of the shareholder(s).
- Share sharing Ratio (If more than 1 shareholder).
- Address proof (Utility Bill) not less than 3 months old for all the shareholder(s).
- Bank statement of all the shareholders for last 6 months
For Branches
- Declaration of Incorporation
- Certificate of Occupancy or Certificate of Good Standing
- Memorandum of Association
- Board Resolution for the Establishment of a Branch in SPCFZ
- All the above documents must be attested from the UAE embassy from the country of origin
- Passport copy of general manager
- Personal profile of the general manager
- Companies profile
- Bank statement of parent company for last 6 months.
- Choose Your Business Name
- Choose a Legal Structure
- Apply Online
- Pay Any Fees
- Receive Digital License
Business Entities Permitted in SPC Free Zone
Businesses operating in the SPCFZ will typically fall under one of several legal structures:
An FZ-LLC in SPCFZ allows entrepreneurs to establish a standalone entity with limited liability. This structure provides flexibility and independence, enabling businesses to operate within the free zone while retaining complete control over their operations and assets.
This legal structure allows companies to establish a presence in the Free Zone while remaining linked to their parent company.
This legal structure is for individuals or groups offering professional services in the publishing and media industry. It enables professionals such as writers, editors, or photographers to establish their practice within SPCFZ.
Business Activities Permitted in Sharjah Publishing City
When you start a business in Sharjah Publishing City Free Zone, you’ll be able to choose between several career paths:
1. Technology and Innovation
Software development, IT services, and digital solutions are welcome in SPCFZ.
2. Healthcare
Healthcare-related businesses, including medical clinics, diagnostic centers, and healthcare consultancy firms, can establish their presence in SPCFZ.
3. Hospitality and Tourism
This sector plays a vital role in attracting visitors and enhancing the region's tourism landscape.
4. Financial Services
Banking, insurance, investment, and wealth management are mainstays in SPCFZ.
5. E-Commerce
Entrepreneurs can establish online retail stores, e-marketplaces, and digital platforms to meet consumers' evolving needs.
6. Professional Services
Professionals offering specialized services, including legal, accounting, consulting, and marketing, are encouraged to set up their practices in SPCFZ.
Experience
MSZ Consultancy Can Help!
From business formation to visa applications and timely renewals, MSZ Consultancy has helped entrepreneurs with their UAE businesses far and wide. With decades of industry experience at our side, we help tackle your day-to-day challenges so you can be free to focus on the larger aspects of your business.
It doesn’t matter whether you’re a single investor or part of a corporation hoping to establish a new branch in the UAE; we have the expertise to make your business work for you.
Call MSZ Consultancy today at +971 50 487 2208 and let our consultants take your business to a new level.
Frequently Asked Questions (FAQs)
You can expect the cost in Sharjah Publishing City to be roughly AED 15,000, depending on the business license type.
Yes, you can establish a branch company in Sharjah Publishing City Free Zone!
Operating in the SPCFZ offers several benefits, including 100% foreign ownership, zero corporate and income tax, access to state-of-the-art publishing facilities, no minimum capital requirements, and streamlined business setup processes.
To open a bank account in Sharjah Publishing City Free Zone, you'll need to choose a bank that operates within the Free Zone and submit the required documentation, including your business license, passport copies, proof of address, and any additional documents requested by the bank.