Company Formation in Sharjah Free Zone

Hassle-free company formation and business solutions for new companies in Sharjah Free Zone

Sharjah Free Zone is known for being a logistics and maritime trading hub in the UAE. The Emirate is strategically located between Africa, Europe, and Asia, with connections to major trading zones. But trading isn’t all that goes on in the Sharjah Free Zone, the area is home to businesses from different industries. That’s because the UAE government has taken proactive steps to bring in foreign investors to the area. Business entrepreneurs from around the globe set up business here because of the low-cost rentals, skilled workforce, and low crime rate.

If you think company formation in Sharjah Free Zone is right for you, then you’ll want to get help from the experts at MSZ Consultancy. Our team is skilled in all areas involving company formation in the UAE Free Zones. We can quickly help you get your business registered in the Sharjah Free Zone through a hassle-free and affordable process.

How Can I Start a Business in Sharjah Free Zone?

Sharjah Free Zone company formation can be a smooth and easy setup if you research and make sure you follow all the rules and regulations. Here are the steps you need to take for business registration in Sharjah Free Zone:

Deciding on the right free zone

Understand your business and decide what Free Zone would be the best for your company. There are six different Free Zones in Sharjah: 

• Hamriyah Free Zone

• Sharjah Airport International Free (SAIF) Zone

• The U.S.A Regional Trade Center (USARTC) Free Zone

• Sharjah Publishing City Free Zone

• Sharjah Media City Free Zone

• Sharjah Research Technology and Innovation Park (SRTI) Free Zone

01

Preparing a business plan

Next, you’ll have to come up with a business plan that will outline the roadmap for your company.

02

Choosing the company name

When selecting a name for your company, you’ll have to make sure the name doesn’t contradict your company’s activity. You’ll also have to be sure the name isn’t being used or that it contains any obscene words.

03

Completing the licensing process and business registrations

Now, you’ll have to finish the business setup formalities by getting the shareholders to sign the company formation documents and turn in any necessary documents that are needed.

04

Documents Required

Application form
Copy of trade license or registration certificate
Passport copies of the shareholders
2 years of the audited financial report
NOC

Business Licenses for Company Formation in Sharjah Free Zone

You will need a business license for Sharjah Free Zone company formation, this is what makes your business legal. In order to receive this license, you will first need to decide what type of business activity you will have. Your business activity will determine the number of licenses that you need. There are three different types of licenses in Sharjah Free Zone:

Commercial License

This license is for companies that do trading, buying, and selling of goods. The Free Zone Authorities will issue this license. Here are some of the companies that are classified as a commercial license:

 

  • Logistics
  • Car rental
  • Real estate

Trading License

If your company will be involved in industrial and manufacturing activities, then you’ll need this license. You will also have to have a physical office in the UAE Free Zone if you have this license. Here are some of the activities that fall under a trading license:

  • Food products
  • Furniture manufacturers
  • Packing

Professional License

A Professional license is for companies that provide services for their business. Here are a couple of examples of businesses that will need this license: 

  • Artisans
  • Law firms
  • Medical services
Professional License

Benefits of a Sharjah Free Zone Company

  • No corporate or personal income taxes
  • 100% foreign ownership
  • Flexible government regulations
  • 100% exemption on imports and exports
  • Security of investment
  • Cheaper lease rates
  • Onsite labor accommodations
  • No currency restrictions
  • Presence of local, and foreign banks
  • Easy access to big ports and Sharjah International Airport
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Free Zones in Sharjah

There’s a total of six Free Zones where you can do business in Sharjah. Each Free Zone offers first-class business amenities, good infrastructure, and complete privacy for investors. Here are the three most popular areas for business registration in Sharjah Free Zone:

Hamriyah Free Zone (HFZ)

Hamriyah Free Zone (HFZ)

Hamriyah Free Zone Sharjah is one of the cheapest Free Zones in the UAE for company formation. Not only is the price right, but there are also competitive incentives and a great location that’s adjacent to three major seaports. The tax-free environment also provides 100% business ownership and an affordable cost of living. There are no currency restrictions or custom duty in the Hamriyah Free Zone. You will only need one shareholder to form a company here.

Oil and gas companies, shipping industries, automobile industry, pharmaceutical companies, and food processing companies are just a few of the many industries that have set up their companies in this Free Zone.

Documents required

  • Passport and visa copies of the shareholders
  • Application form
  • Bank’s reference
  • Legal documents signed
Sharjah Airport International Free Zone

Sharjah Airport International Free Zone

Sharjah Airport International Free Zone, also known as SAIF Zone, is one of the most exclusive Free Zones in the UAE. The area provides business opportunities to investors and entrepreneurs. Setting up your business in SAIF gives you the benefit of freedom of foreign ownership, resource-rich strategic location, global connectivity, and tax benefits. The number of shareholders required in SAIF is a minimum of two.

Although Sharjah accounts for over one-third of the industrial activities, this area isn’t just limited to industrialization or manufacturing, it’s an ideal hub for all types of businesses.

Documents required

  • Passport and visa copies of the owners
  • Application form
  • Project summary
  • MOA & AOA
  • Bank statement of last 3 months
SHAMS Free Zone

SHAMS Free Zone

The Sharjah Media City Free Zone, also known as the SHAMS Free Zone, is one of the newest Free Zones in the UAE. Although it’s one of the younger Free Zones, its economy is already booming. Even though it’s called the Media Free Zone, it does not necessarily mean that they only offer media activities. Sharjah has a very broad list of activities, which includes trading, professional services as well as some other holding activities. The number of shareholders required in SHAMS is a minimum of one.

Documents required

  • Application form
  • Business plan
  • Passport copies of the applicant
  • NOC from the UAE sponsor
  • Specimen signature of the company’s shareholder

Sharjah Free Zone Company Formation with MSZ Consultancy

You’ve just read about all of the great reasons for company formation in Sharjah Free Zone. So, what are you waiting for? If you’re ready to form your company and start taking advantage of an area with no taxes, global recognition, and a business-friendly government, then you need to partner with the experts at MSZ Consultancy. We have over 15-years of forming successful companies in the UAE, and we can help you too! Don’t just dream of doing business in Sharjah, make it a reality! Contact us today at +971 52 544 1248 for a FREE consultation to get started!

WHAT WE DO?

We help with business setup in the UAE. We specialize in all forms of company formation along with financial and legal suggestions for your business. We start building your company from scratch, and then we help you become self-reliant. We guide you through the entire process for smooth business registration in Sharjah Free Zone.

HOW DO WE HELP?

We have a unique team of consultants, lawyers, and PRO executives that assist with your business setup. We guide you through the entire setup to make sure you have all the proper paperwork completed and turned in on time. We also make business setup quick and easy by using the strong relationships we’ve made with government officials to help the process move along quicker.

WHY CHOOSE US?

MSZ Consultancy cares about our clients. Customer service is our top priority. We will provide you with the best service for everything from business setup to finding an office building. Whatever you need, we will provide you with quality, customized services to fit your exact needs.

Trademark Registration

You don’t want to take the chance of having any errors during your trademark registration and having your submission rejected. Let us handle the trademark registration process for you! We offer everything involved in protecting your intellectual properties.

Local Sponsorship

If your company requires a local sponsor, we can help you find one. MSZ Consultancy has connections to the most trustworthy local sponsors in the UAE and can quickly help you find one for your company formation.

PRO Services

Our Public Relations Officer can provide you with glitch-free business services. A PRO will handle all your documentation and clearing services, including legal procedures required by the Department of Economic Development, license renewals, visas, labor contracts, and more.

Bank Account Assistance

If you have a company in the UAE, you’ll probably want a bank account there so you can secure your money assets, right? The procedure of bank account opening for corporate use differs from bank to bank. We can save you time by providing you with the necessary steps you need to open your account.

Product Registration

We can help ensure that your items are safe for selling by helping you out with product registration. MSZ Consultancy can help make product registration a quick and easy process.

Business Centers

Are you nervous about picking out an office or building for your company? Don’t be! MSZ Consultancy has Business Centers that are located in strategic spots. We can help you find a fully furnished office space that’s ready for business, or an empty building that you can customize and make your own.

Company Liquidation

For a successful liquidation, you’ll have to meet all the legal requirements. We have a complete understanding of what this involves and can guarantee a hassle-free liquidation for our clients. We will help you minimize your legal liabilities and possible financial losses.

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