Establishing a company in the Sharjah Free Zone is important for every investor who wants to invest in a distinctive investment area with investment opportunities in many fields. Many entrepreneurs want to invest in the Sharjah Free Zone because of the ease of procedures and laws, as well as security and stability. In this article, we will explain the procedures necessary to establish a company in the Sharjah Free Zone, registration procedures, the cost of establishing a company in the Sharjah Free Zone, and other important details.
What are the procedures for establishing a company in the Sharjah Free Zone?
The procedures for establishing a company in the free zones are a series of simple, smooth and successive steps as follows:
- Submit a request to establish a company in the Sharjah Free Zone to the Sharjah Economic Development Department.
- Request to register the trade name.
- Company license.
- Document and draft the articles of association.
- Document leasing and employment agreements.
- Pay the required fees.
Approximately 30 days are available to pay the required fees and receive the registration invoice and license.
Procedures for registering a new company in the Sharjah Free Zone
Registering a new company in the Sharjah Free Zone requires obtaining the following:
- Trade name registration document.
- License form.
- A report from the company indicating the technical evaluation of the company.
- Approval from the official authorities.
The submitted application is examined and it is verified that the application meets all the procedures for registering the new company in the free zone. However, the fees required to obtain the license and register the company to start work are paid.
How much does it cost to establish a new company in the Sharjah Free Zone?
The cost of establishing a company in the Sharjah Free Zone starts from five thousand dirhams and more, and the total cost of registering the company depends on the type of company and the activity practiced in it.
The cost of obtaining a license range between 100-5 thousand dirhams, depending on the activities registered in the license, and the free zone provides some facilities to reduce the cost and provide an investment environment for investors.
What are the available businesses in Sharjah Free Zone?
Marine industries: Marine industries play an important role in the economy of Sharjah Free Zone, due to its distinguished geographical location, proximity to ports, and the availability of advanced infrastructure.
Tourism and entertainment: The tourism sector in Dubai in general and Sharjah in particular is one of the most successful and profitable and rapidly emerging sectors, but those who want to establish a tourism company in Dubai should read this article Establishing a tourism company in the Emirates – Requirements _ Procedures – Cost
Education: The Sharjah region contains prestigious and international schools and universities.
Food industries: The region is interested in developing and preparing food products and focusing on organic agriculture.
Renewable energy: The Sharjah region invests in solar energy and is constantly working to develop it.
Types of companies available for establishment in Sharjah Free Zone
The Emirate of Sharjah is one of the leading emirates in the field of investment and industry and provides a distinctive and encouraging investment environment for investors and entrepreneurs. One of the most important things to pay attention to is determining the appropriate license for you, and the region offers some features that help companies. In the Sharjah region, there are types of companies that are established:
- Limited Liability Company (LLC): Limited liability companies are largely established in Sharjah, and therefore they are one of the common and famous forms in the Sharjah region, and this company is distinguished from shareholders.
- Public Joint Stock Company: One of the forms of limited liability companies, but it has shareholders who bear unlimited financial liability.
- Subsidiary Companies: National and foreign companies can establish branches in Sharjah. The parent company is responsible for the branch and bears monetary liability.
- Partnership Companies: This type of company is established, and the partners bear the profits and losses together.
- Free profession companies.
At the end of our article, Sharjah is considered one of the most vibrant cities in the UAE. In cooperation with Tdabeer Company, investors can benefit from the company’s expertise and specialization in establishing companies in Dubai, and they can help you establish your company in an ideal and legal manner.
Tdabeer Company provides support and guidance during all stages of establishing a company in the Sharjah Free Zone, starting from developing the plan and choosing the type of company to submitting the registration and licensing application and the final registration.
Don’t forget to read: Establishing a tourism company in the Emirates _ Requirements _ Procedures _ Cost
