Business Setup Sharjah

Business setup in Sharjah

How to Setup a Company in Sharjah?

Here are the key steps to set up a business in Sharjah.

Business Activity

1. Now, according to your objectives, select a business activity suitable for your enterprise.

Reserve Trade Name

Reserve a unique trade name as per the directives of Sharjah.

Apply for License

Appropriate business license as per your activity.

Government Approvals

Ensure all local authority approvals are in place.

Open a Bank Account

Open a corporate bank account for doing your company transactions.

Key Benefits of Business Setup In Sharjah

Affordable pricing of license

The formation costs are relatively very cheap in Sharjah for small to medium-sized companies.

Place

It is located near Dubai and all the other emirates too, therefore its markets are accessible both at regional as well as international levels.

Tax exemptions

Sharjah free zones benefit their owners with 0% income and corporate tax benefits which increase profitability.

Mixed economy

Sharjah opens up many sectors such as trade, manufacturing, as well as tourism, offering the business a chance at diversification.

Frequently Asked Questions

Procedures to open a business in Sharjah include :
1. Selection of a trade name
2. Registration with SEDD Sharjah Department of Economic Development
3. Preparation of Memorandum of Association (MoA)
4. Application for license
5. Obtaining establishment card from Ministry of Labor
6. Registration of employees from the establishment card

Some of the key documents to be needed in the setting up of a business in Sharjah include the following:
1. Business activities verification
2. Copies of passports for shareholders and managers
3. Personal information for shareholders and managers
4. Lessor's lease agreement document
5. Legal affairs and ministry of economy approvals

The cost of setting up a business in Sharjah will vary between AED 5,000 and AED 30,000 or more depending on the requirements. Some of the factors affecting the total cost include the kind of facilities required and the number of employees.

Sharjah boasts a business-friendly environment and tax breaks and incentives to foreign investors. It has an economic and political environment but has a strategic location between Dubai and the Northern Emirates directly granting access to a large consumer market.

Calculate Your Cost With Us

Mainland

Freezone

Offshore

PRO Services in UAE

Other PRO Services

UAE Visa Services

UAE Golden Visa Services

Latest Blogs

visa free countries for UAE residents