Sharjah free zone company license is a permit issued by the Sharjah Economic Development Department (SEDD) that allows Business Setup in Sharjah Free Zones. Free zones are designated areas that offer businesses a number of benefits, such as tax exemption, customs-free import and export, and simplified regulations.
Sharjah Free Zone is a designated economic zone that provides a conducive environment for businesses to operate with ease and flexibility. It was established with the objective of attracting foreign investment, promoting industrial development, and diversifying Sharjah’s economy. The free zone operates under the jurisdiction of the Sharjah Seaports and Customs Department, offering a wide range of business activities and world-class infrastructure to support various industry sectors.
List of Free zones in Sharjah:
Business Setup in Sharjah Free Zone provides a conducive and empowering environment for businesses to thrive and grow. With its strategic location, world-class infrastructure, tax incentives, and investor-friendly policies, it offers numerous advantages to both local and international entrepreneurs. The free zone’s commitment to innovation, sustainability, and support services further enhances its appeal as a premier business destination. By choosing Sharjah Free Zone Company License, businesses can leverage the emirate’s economic opportunities, access local and global markets, and become part of a dynamic business community.
Significance of starting a business in Sharjah Free Zone :
Starting a business in Sharjah Free Zone holds immense significance due to several factors that contribute to the emirate’s appeal as a thriving business destination. Here are some of the key factors to setting up a business:
i) Identify the legal structure.
ii) Select a business name.
iii) Apply for a business license.
iv) Select a workspace.
License:
Sharjah Free Zones provides a variety of licenses to cater to the distinct requirements of different business activities and legal structures.
Below are the types of licenses:
i) Trading License.
ii) Service License.
iii) Industrial License.
iv) Media License.
Benefits of starting a business in Sharjah Free Zone :
Setting up a business in the Sharjah Free Zone can offer several advantages for entrepreneurs and companies. Each free zone may have its specific benefits, but here are some common advantages associated with establishing a business in Sharjah Free Zones:
i) Simple registration process.
ii) No deposit is required.
iii) Shareholders need not be present physically to open a new business in Sharjah.
iv) Easy access to big ports and Sharjah International Airport.
v) 100% ownership to foreign investors.
vi) Adaptable regulations.
vii) Investment security.
Cost:
The cost of setting up a business in the Sharjah free zone can vary depending on several factors, including the type of business, the chosen free zone, and the specific requirements of the business setup. Different free zones may have their own fee structures, and the costs can also vary based on the size of the business and the facilities and services required.
Choosing a Freezone:
Each free zone establishes distinct guidelines outlining permissible business activities, license prerequisites, capital specifications, and the types of legal entities allowed within its jurisdiction.
Choosing a free zone in Sharjah involves several factors that you need to consider based on your business needs, industry, and preferences. Here are a few factors:
i) Understanding your business requirements.
ii) Consider location.
iii) Research all the free zones in Sharjah.
iv) Check cost, fees, and license agreements.
v) Consult business advisors before finalizing.
Why Us?
The top 4 reasons for you to choose us would be:
i) Effortless Process:
With Bformations experience seamless efficiency, streamlined workflows, and a hassle-free journey from initiation to completion. Our user-friendly interface and automated systems guarantee a smooth and time-saving experience. Enjoy a stress-free collaboration as our dedicated team takes care of the intricate details, leaving you to focus on your core priorities.
ii) Experienced Consultants :
Our team of experts foster innovation, build strong client relationships, and adapt to dynamic business environments making them invaluable assets in driving strategic initiatives and ensuring long-term success for the organizations they serve.
iii) Customized Options:
Our team of experienced professionals work closely with you to analyze your business processes, identify pain points, and uncover opportunities for improvement. From software development and system integration to strategic consulting and beyond, we take pride in delivering personalized solutions that align seamlessly with your objectives.
iv) Various Payment Choices:
Choose the payment option that best suits your needs, balancing convenience, security, and any potential rewards or benefits. Below are some of the methods through which you can pay:
i) Debit Cards.
ii) Digital Wallets.
iii) Bank Transfers.
iv) Cash.
v) Mobile Payments.
vi) Contactless Cards.
vii) Installment Plans.
Certainly not, in Sharjah Free Zones, you have the opportunity to enjoy full ownership of your business.
2. Does Bformations permit me to possess licenses that allow me to own businesses in different Emirates?
With the consent of the relevant authorities, one can establish a branch or subsidiary office.
3. What are the key procedures involved in setting up a company in the Sharjah Free Zone?
These are the main steps for a business setup in the Sharjah Free Zone:
i) Identify the type of business entity.
ii) Select a name for the company.
iii) Apply for the appropriate license.
iv) Find a location.
v) Register the business.
4. Will there be any personal or corporate taxes levied on me within the Sharjah Free Zones?
You will not incur personal or corporate tax charges. However, as a qualified free zone individual, it is mandatory to undergo a corporate tax audit in the UAE and submit audited financial statements.