Business setup in Sharjah

Sharjah is considered to be one of the fastest-growing Emirates in the UAE. Business setup in Sharjah can be one of the best options suited for businessmen and entrepreneurs. It’s a home for a lot of businesses from different industries. Sharjah is at a valued location which connects major trading zones and is one of the safest cities with excessive economic supply.

The business fee structure and the economy is liberal. Company formation in Sharjah is beneficial because the judicial system is also fair. There is a highly qualified and skilled workforce in Sharjah, which is one of the major reasons for business setup in Sharjah.

Types of business license in Sharjah

Industrial License

Commercial License

Professional License

Types of Business entities in Sharjah

Limited Liability Company

Partnership Company

Local Service Agent

Public/Private Shareholding Company

Company formation in Sharjah

In order to start a business in Sharjah, there are certain rules and regulations that an entrepreneur needs to follow.

Procedure for company formation in Sharjah

  • Determine the type of business activity that you will be conducting 
  • Find a local sponsor
  • Submit the company registration form with the name to the Department of economic development (DED)
  • File the trade license with DED
  • Get the trade name registered
  • Obtain approval from the municipality
  • Obtain the MOA and company’s lease agreement signed by a public notary
  • Furnish the necessary documents
  • Pay the license fees to obtain a trade license
  • Obtain approval from Name board
  • Apply for an establishment card
  • Get the stamp on the visa

Document required

  • Certified copy of tenancy contract
  • NOC letter
  • Visa and passport copies
  • Proof of residence
  • Approval from legal affairs and Ministry of economy
  • Trade name certificate

Benefits of Business setup in Sharjah

  • Taxation benefits
  • 100% foreign ownership
  • Flexible government regulations
  • Security of investment
  • Business setup in Sharjah provides warehousing facilities where investors can store their good for 2 months free
  • Presence of local, and foreign banks

Reasons for business setup in Sharjah

  • The business nature in Sharjah enlightens the importance of service, trade, and manufacturing sector which encourages foreign investment
  • Sharjah is a prospering economy and one of the most rewardable destination that attracts foreign investment
  • Presence of international bank and modern communication system
  • The government policies in Sharjah are favorable towards entrepreneurs

Categories for company formation in Sharjah

Sharjah Free Zone

Company formation in Sharjah Free Zone can be done in five free zones

  • Sharjah International Airport Free Zone (SAIF)
  • Hamriyah Free Zone
  • USA Regional Trade Center
  • Publishing City
  • Media City

Sharjah Mainland

Mainland company setup in Sharjah is the second option that a businessman can choose. It is one of the most developed economic regions with regularized statutory policies. Some of the benefits of setting up a business in Sharjah Mainland includes-

– Economical Trade License Cost
– Ease of Registration and limited constrains
– Multiple Fields of Business Opportunity

Business setup in Sharjah with MSZ Consultancy

Company formation in Sharjah will be much more effective for entrepreneurs due to its advanced technology and liberal economy. MSZ Consultancy is the best business consultants in Sharjah. Our team of experts will help you in company formation and guarantee that your business is strong and in the thriving the economy

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1407, Mai Tower, Al Nahda, Dubai
United Arab Emirates, P.O.Box 19845
+971 58 982 7842
+971 4 229 7508
info@mszconsultancy.com

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