Ingenious Corporate Services – Company Set-up in Dubai, United Arab Emirates
Sharjah Free Zone Business Setup
The Cultural Capital of the UAE and GCC countries, Sharjah takes pride in being called the UAE’s industrial hub and education hotspot. Not just that, the city is well-known for its pioneering sustainability initiatives and as a world-class R&D, innovation, and startup hub. Sitting between Europe and East Asia, providing convenient access to major international airports and ports on both the Arabian Gulf and Indian Ocean, Sharjah is an ideal spot for multinationals seeking a base in the Middle East. Exceptional Government support, lower costs than neighboring emirates, and a culture of innovation in the city are the cherry on the top.
If your heart is set on a free zone in Sharjah for your business setup in the UAE, then let me let you have six choices at your disposal, one better than the next. It sure can get tricky to choose one at times, as all the free zones in Sharjah are the mindful creations of the UAE Government for businesses of all types equipped with everything they need to operate efficiently – from state-of-the-art offices to world-class amenities to minimal bureaucracy. Strategically sitting in (or close to) major transport centers, Sharjah free zones are no less than Dubai free zones in any way when it comes to facilitating the logistics needs of investors. Offering all the free zone-specific benefits and incentives such as 0% taxes, nil import, export & re-export fees, no customs duties, 100% foreign ownership, etc., Sharjah free zones in the UAE are anything but ordinary.
The Cultural Capital of the UAE and GCC countries, Sharjah takes pride in being called the UAE’s industrial hub and education hotspot. Not just that, the city is well-known for its pioneering sustainability initiatives and as a world-class R&D, innovation, and startup hub. Sitting between Europe and East Asia, providing convenient access to major international airports and ports on both the Arabian Gulf and Indian Ocean, Sharjah is an ideal spot for multinationals seeking a base in the Middle East. Exceptional Government support, lower costs than neighboring emirates, and a culture of innovation in the city are the cherry on the top.
If your heart is set on a free zone in Sharjah for your business setup in the UAE, then let me let you have six choices at your disposal, one better than the next. It sure can get tricky to choose one at times, as all the free zones in Sharjah are the mindful creations of the UAE Government for businesses of all types equipped with everything they need to operate efficiently – from state-of-the-art offices to world-class amenities to minimal bureaucracy. Strategically sitting in (or close to) major transport centers, Sharjah free zones are no less than Dubai free zones in any way when it comes to facilitating the logistics needs of investors. Offering all the free zone-specific benefits and incentives such as 0% taxes, nil import, export & re-export fees, no customs duties, 100% foreign ownership, etc., Sharjah free zones in the UAE are anything but ordinary.
Why Business Setup in Sharjah?
Smile. You’re In Sharjah! Sharjah literally does what it says on the tin (or should I say on the roundabout?) After Dubai and Abu Dhabi, Sharjah is the third-most populous city in the United Arab Emirates, with about 1.5 million habitants with an average age of 20-39 years., forming part of the Dubai-Sharjah-Ajman metropolitan area. The emirate comprises Sharjah City, the Central Region, including Mleiha, Al Badayer, Al Dhaid, and the East Coast, including Khorfakkan, Kalba, Dibba Al Hisn.
You might not know that Sharjah is the only city that shares a border with all other Emirates. Overlooking the Persian Gulf, it is also the only city with beaches on both sides of the Arabian Gulf and the Gulf of Oman. Sharjah is home to the main administrative and commercial centers and an array of cultural and traditional projects. It is known for its two major covered souks, reflecting Islamic design, and diverse recreational areas and public parks. Not to mention the breathtaking mosques! From scrumptious street food to striking gardens and spiritual Mosques, Sharjah is picturesque in every bit. It’s the emirate where universities, entrepreneurs, and government bodies collaborate to create a vibrant home for SMEs and global businesses. Maybe this is one of many reasons the city thrives with tourists and expats from all corners of the world. A steadily growing GDP, a highly-diversified economy, and a rising population of highly educated, ambitious, and outward-looking young people make Sharjah a top choice for investment in the UAE.
Why Business Setup in Sharjah?
Smile. You’re In Sharjah! Sharjah literally does what it says on the tin (or should I say on the roundabout?) After Dubai and Abu Dhabi, Sharjah is the third-most populous city in the United Arab Emirates, with about 1.5 million habitants with an average age of 20-39 years., forming part of the Dubai-Sharjah-Ajman metropolitan area. The emirate comprises Sharjah City, the Central Region, including Mleiha, Al Badayer, Al Dhaid, and the East Coast, including Khorfakkan, Kalba, Dibba Al Hisn.
You might not know that Sharjah is the only city that shares a border with all other Emirates. Overlooking the Persian Gulf, it is also the only city with beaches on both sides of the Arabian Gulf and the Gulf of Oman. Sharjah is home to the main administrative and commercial centers and an array of cultural and traditional projects. It is known for its two major covered souks, reflecting Islamic design, and diverse recreational areas and public parks. Not to mention the breathtaking mosques! From scrumptious street food to striking gardens and spiritual Mosques, Sharjah is picturesque in every bit. It’s the emirate where universities, entrepreneurs, and government bodies collaborate to create a vibrant home for SMEs and global businesses. Maybe this is one of many reasons the city thrives with tourists and expats from all corners of the world. A steadily growing GDP, a highly-diversified economy, and a rising population of highly educated, ambitious, and outward-looking young people make Sharjah a top choice for investment in the UAE.
Free Zones in Sharjah
Dubai, without a doubt, is the most popular choice amongst foreign investors worldwide for business setup in the UAE. However, when it comes to cost-effective business formation in the UAE, Sharjah takes the cake! Here are the six most attractive and affordable free zones for company setup in Sharjah.
Hamriyah Free Zone
SAIF Zone
SHAMS
SRTI Park
Sharjah Publishing City
Sharjah Healthcare City
Free Zones in Sharjah
Dubai, without a doubt, is the most popular choice amongst foreign investors worldwide for business setup in the UAE. However, when it comes to cost-effective business formation in the UAE, Sharjah takes the cake! Here are the six most attractive and affordable free zones for company setup in Sharjah.
Hamriyah Free Zone
SAIF Zone
SHAMS
SRTI Park
Sharjah Publishing City
Sharjah Healthcare City
How to Set Up a Business in Sharjah Free Zone?
Sharjah free zone company setup process is a no-brainer, provided you are working with a business setup consultant or know every step of the process if you do it all by yourself. You may take your first step towards your Sharjah Free Zone company formation with a proper business plan. Research, precise decision-making, and following the rules and regulations are the key to finishing your mission successfully. If you want to get familiar with the basic steps of setting up a company in Sharjah Free Zone, then keep reading.
- Choose the most suitable free zone in Sharjah in line with your intended economic activity, company setup budget, and business goals.
- Give a unique name to your Sharjah free zone company and reserve it with the chosen free zone authority.
- Rent an appropriate office space in the desired Sharjah free zone and enter into a commercial lease agreement
- Estimate the workforce required to run the new business setup in Sharjah
- Start a corporate bank account in Sharjah.
- Deposit the minimum capital amount mandated by the authorities in the bank account
- Complete the business registration and licensing process and obtain the relevant trade license to legally run your free zone company in Sharjah.
- Finish business setup formalities by getting an individual shareholder, corporate shareholder, or both to sign the free zone company formation documents before free zone authorities
How to Set Up a Business in Sharjah Free Zone?
Sharjah free zone company setup process is a no-brainer, provided you are working with a business setup consultant or know every step of the process if you do it all by yourself. You may take your first step towards your Sharjah Free Zone company formation with a proper business plan. Research, precise decision-making, and following the rules and regulations are the key to finishing your mission successfully. If you want to get familiar with the basic steps of setting up a company in Sharjah Free Zone, then keep reading.
- Choose the most suitable free zone in Sharjah in line with your intended economic activity, company setup budget, and business goals.
- Give a unique name to your Sharjah free zone company and reserve it with the chosen free zone authority.
- Rent an appropriate office space in the desired Sharjah free zone and enter into a commercial lease agreement
- Estimate the workforce required to run the new business setup in Sharjah
- Start a corporate bank account in Sharjah.
- Deposit the minimum capital amount mandated by the authorities in the bank account
- Complete the business registration and licensing process and obtain the relevant trade license to legally run your free zone company in Sharjah.
- Finish business setup formalities by getting an individual shareholder, corporate shareholder, or both to sign the free zone company formation documents before free zone authorities
Advantages of Setting Up a Business in Sharjah Free Zone
All these demarcated Free Zones in Sharjah are designated areas where investors can legally trade and avail various incentives for their business. Furthermore, Sharjah Free Zone Companies in UAE can enjoy a host of benefits, including:
- 100% expatriate ownership of the business is allowed
- 100% repatriation of profits
- There are no import, export, or re-export fees or customs duties.
- Trusted governance
- Absence of corporate tax and personal income tax
- Attractive plug & play office spaces (within the Freezone though)
- Most free zones have a Visa quota.
- Sharjah free zone companies can trade or do business within the UAE and outside.
- A tax Residency Certificate can be obtained so that investors get the benefit of DTAA (Double Taxation Avoidance Agreement)
- Certificate of Origin can be obtained for manufacturing units.
- Air, sea, and land access to both domestic and regional markets as Sharjah free zones are located in the central coastal area.
- Access to a vast talent pool
- Easy and quick company registration and so much more
If the submitted documents and the licence application have no discrepancies, the licence can be issued just within a matter of 3-5 business days.
Advantages of Setting Up a Business in Sharjah Free Zone
All these demarcated Free Zones in Sharjah are designated areas where investors can legally trade and avail various incentives for their business. Furthermore, Sharjah Free Zone Companies in UAE can enjoy a host of benefits, including:
- 100% expatriate ownership of the business is allowed
- 100% repatriation of profits
- There are no import, export, or re-export fees or customs duties.
- Trusted governance
- Absence of corporate tax and personal income tax
- Attractive plug & play office spaces (within the Freezone though)
- Most free zones have a Visa quota.
- Sharjah free zone companies can trade or do business within the UAE and outside.
- A tax Residency Certificate can be obtained so that investors get the benefit of DTAA (Double Taxation Avoidance Agreement)
- Certificate of Origin can be obtained for manufacturing units.
- Air, sea, and land access to both domestic and regional markets as Sharjah free zones are located in the central coastal area.
- Access to a vast talent pool
- Easy and quick company registration and so much more
If the submitted documents and the licence application have no discrepancies, the licence can be issued just within a matter of 3-5 business days.
Need Expert Assistance in Forming a Business in Sharjah Free Zones?
Get in touch with one of the best business setup advisors in Sharjah at Ingenious Corporate Services to start and complete your business setup mission without any hiccups. From choosing the best free zone in Sharjah for company incorporation to acquiring special approvals to filing visa applications, we help you every step of your entrepreneurial journey without burning a hole in your pocket. Please book your free in-person consultation with our Sharjah company setup experts or simply a Zoom meeting by clicking here.
Need Expert Assistance in Forming a Business in Sharjah Free Zones?
Get in touch with one of the best business setup advisors in Sharjah at Ingenious Corporate Services to start and complete your business setup mission without any hiccups. From choosing the best free zone in Sharjah for company incorporation to acquiring special approvals to filing visa applications, we help you every step of your entrepreneurial journey without burning a hole in your pocket. Please book your free in-person consultation with our Sharjah company setup experts or simply a Zoom meeting by clicking here.
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