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Establishing a company in the Sharjah Free Zone

Establishing a company in the Sharjah Free Zone

Establishing a Company in Sharjah Free Zone Free zones in the UAE, including Sharjah Free Zone, are ideal destinations for establishing companies thanks to the stimulating business environment and government facilities provided to investors. The Emirate of Sharjah is attractive for business thanks to its modern regulatory policies and the support it provides to small, medium and large companies alike. In cooperation with Itqan Company, in this introduction we discuss the process of establishing companies in the Sharjah Free Zone and the multiple benefits that this environment offers to international investors.

Establishing a company in a Sharjah Free Zone provides investors with many advantages, including benefiting from low or exempt tax policies, and flexible legislation that facilitates efficient conduct of business. In addition, the free zone provides advanced infrastructure, superior logistics services, and simple bureaucratic procedures, which helps accelerate construction and operation processes.

Itqan Company works to provide support and guidance to investors throughout the process of establishing a company in the Sharjah Free Zone, from legal and regulatory advice, to the necessary logistics arrangements and administrative services. Cooperation with Itqan Company is characterized by professionalism and extensive experience in facilitating establishment processes, which makes it a reliable partner and effective assistant in successfully achieving business goals in the Sharjah Free Zone.

In this context, we will explore the steps for establishing companies in the Sharjah Free Zone, as well as the strategic benefits of choosing this destination as a business headquarters, making it an ideal choice for investors seeking to expand their business in the region and across international borders.

Establishing

Establishing a company in the Sharjah Free Zone

Basic steps to establish a company in a free zone in Sharjah

Establishing a company in a free zone in Sharjah represents an important strategic step for investors seeking to benefit from the advanced economic environment and flexible legislation in the United Arab Emirates. The Sharjah Free Zone provides advanced infrastructure and easy registration procedures, making it easier for investors to start and operate their businesses quickly and efficiently. The basic steps to establish a company in a free zone in Sharjah:

  • Choosing the type of company: The investor must determine the type of company suitable for his activity, such as an industrial company, a commercial company, a service company, or a professional company.
  • Choosing a trade name: A suitable name must be chosen that is compatible with the legal and commercial regulations in the emirate.
  • Submitting a registration application: The investor must submit a registration application to the Sharjah Free Zone Authority, and submit the required documents such as passports, certificates and operational plans.
  • Payment of required fees: Registration requires payment of applicable fees, which vary depending on the type of company, the space required, and additional services required.
  • Obtaining a commercial license: After approving the application and implementing the necessary administrative procedures, a commercial license is issued that allows the company to practice its activity in the Sharjah Free Zone.
  • Opening a bank account: The actual operation of the company requires opening a local bank account, in order to manage financial transactions and collect revenues.

By choosing a free zone in Sharjah as a location for your company, you guarantee advanced infrastructure and continuous government support, which enhances the chances of your business succeeding in the local and global market.

The main advantages of establishing a company in a free zone in Sharjah

Establishing a company in a free zone in Sharjah is an important strategic option for investors looking for an advanced and well-regulated business environment in the United Arab Emirates. The Sharjah Free Zone provides a range of competitive advantages that make it attractive to local and international companies alike.

In light of the dynamic economic environment of the United Arab Emirates, Sharjah Free Zone is emerging as one of the most prominent destinations for companies seeking to expand and grow in the regional and global market. This free zone provides modern infrastructure, a wide range of supporting services, along with a range of tax advantages and flexible legislation that enhance its attractiveness to investors. Main advantages:

  • 100% Foreign Ownership: Foreign investors can hold 100% of their company’s equity interest without the need for a local partner.
  • Tax exemptions: Companies registered in the Sharjah Free Zone enjoy attractive tax exemptions for long periods, which helps improve profitability and financial growth.
  • Advanced Infrastructure: Sharjah Free Zone provides modern infrastructure with advanced office and warehouse facilities, making it easier for companies to carry out their activities efficiently and effectively.
  • Continuous government support: Companies enjoy continuous support from the local government, which makes it easier for investors to implement their operations and achieve their business goals smoothly.

Through these advantages, the Sharjah Free Zone represents an ideal environment for small and medium-sized companies and large companies alike, which enhances its attractiveness as a distinguished investment destination in the region.

Different types of business licenses available in Sharjah Free Zone

Sharjah Free Zone is characterized by a supportive and regulated investment environment, making it an ideal destination for investors looking for investment opportunities in the United Arab Emirates. This free zone provides a variety of commercial licenses that suit the needs of different companies, whether small or large, industrial or service. Different types of commercial licenses in Sharjah Free Zone:

  • Industrial Licence: Allows companies to produce and manufacture various products within the Sharjah Free Zone, which includes industrial production and processing.
  • Commercial License: Allows companies to carry out commercial activities such as marketing, selling and distribution of goods and services inside and outside the free zone.
  • Service License: Allows companies to provide a variety of professional and advisory services, such as financial, legal, and engineering services.
  • Professional licence: allocated to individuals who wish to practice a specific profession freely, such as doctors, lawyers, and engineers.

The requirements for each type of commercial license vary depending on the activity and services provided by the company. By choosing a free zone in Sharjah, investors can choose the appropriate license that meets their business needs and provides the appropriate environment for growth and expansion.

If you have any additional questions or need assistance with setting up a company in a free zone in Sharjah, I am here to help.

Guarantees

Guarantees available to companies registered in a free zone in Sharjah

Guarantees available to companies registered in a free zone in Sharjah

Sharjah Free Zone is an advanced investment destination in the United Arab Emirates, as it provides modern infrastructure and flexible legislation that attracts small and large companies alike. Besides the favorable economic environment, this free zone provides legal and operational guarantees that enhance its attractiveness as a preferred business destination. Guarantees available to companies registered in a free zone in Sharjah:

  • Intellectual property protection: Sharjah Free Zone provides effective legal protection for intellectual property rights, ensuring that companies fully protect their ideas and innovations from forgery or unauthorized use.
  • Stable business environment: The local government ensures a stable and favorable business environment for businesses, which helps achieve stability and sustainable growth.
  • Continuous government support: The UAE government provides ongoing support to companies registered in the Sharjah Free Zone, whether through logistics services or bureaucratic facilities, which makes it easier for companies to manage their business efficiently and effectively.
  • Integrated logistics services: The Sharjah Free Zone provides integrated logistical services that include rapid customs clearance and sea, air and land transportation, which contributes to accelerating the import and export operations of companies.

Thanks to these guarantees, the Sharjah Free Zone is a major attraction for international companies seeking to benefit from the favorable investment environment and continued government support.

Our company’s role in establishing a company in the free zone

Establishing a company in the Sharjah Free Zone represents a crucial strategic step for investors seeking to benefit from the vast opportunities offered by the emirate as an advanced international business centre. In cooperation with Itqan, investors can benefit from deep experience in providing full support during all stages of establishing a company, from strategic planning to daily operations.

Sharjah Free Zone is distinguished by its flexible policies and innovative legislation that facilitate efficient and effective business management, in addition to advanced infrastructure and excellent logistical services. This helps reduce operational costs and increase profitability, making it an ideal choice for companies seeking to expand and grow in the global market.

By relying on Itqan Company as a strategic partner, investors can overcome the legal and administrative challenges they may face during the establishment process, and focus confidently on achieving their business goals. Itqan Company works to provide customized and integrated solutions that meet the needs of each client, ensuring continued growth and prosperity in the long term.

In short, establishing a company in the Sharjah Free Zone in cooperation with Itqan Company represents a smart and strategic investment, combining flexibility, efficiency and comprehensive support to achieve success in the growing global market.

Frequently asked questions about establishing a company in the free zone

What are the main advantages of establishing a company in a free zone in Sharjah?

Establishing a company in a Sharjah free zone offers a range of advantages such as obtaining 100% foreign ownership, no restrictions on transferring profits or capital, tax exemptions for up to 50 years, and modern infrastructure with corporate support services.

What are the basic steps to establish a company in a free zone in Sharjah?

The steps include choosing the type of company, registering with the relevant authority in the free zone, submitting the required documents such as passports and certificates, and paying the applicable fees.

What are the different types of business licenses available in Sharjah Free Zone?

Commercial licenses in the Sharjah Free Zone include the industrial license, the commercial license, the service license, and the professional license, and the appropriate type can be chosen according to the company’s activity.

What are the approximate costs of establishing a company in a free zone in Sharjah?

Costs vary based on the type of company and space required, and include registration and license fees and additional services such as office and legal services.

What guarantees are available to companies registered in a free zone in Sharjah?

Guarantees include protection of intellectual property, provision of a stable and conducive business environment, and ongoing government support to facilitate business operations.