Establishing a company in Sharjah Free Zone is an ideal investment option for those wishing to enter the UAE market and benefit from the many advantages offered by this strategic region. Thanks to its distinguished geographical location and proximity to major ports and airports, Sharjah Free Zone provides a favorable business environment that enables companies to easily access local, regional and international markets.

By establishing a company in the Sharjah Free Zone, investors can benefit from a wide range of incentives and benefits that make it an attractive destination for starting a business. These benefits include 100% foreign ownership, full exemption from personal and corporate income taxes, and no restrictions on the repatriation of capital and profits. The Sharjah Free Zone also offers a flexible regulatory environment and advanced facilities that support the growth and expansion of businesses.

In addition, companies in the Sharjah Free Zone enjoy easy and fast incorporation procedures, allowing entrepreneurs to launch their projects in record time. Whether you are planning to start a small or medium-sized company or even a large enterprise, the Sharjah Free Zone provides the right solutions for every type of business. The zone also offers a variety of services to support companies at different stages of their growth, including legal and financial consulting, human resources services, in addition to advanced technical infrastructure.

In conclusion, establishing a company in the Sharjah Free Zone is a golden opportunity for investors looking to exploit the investment opportunities available in the UAE and the region. Thanks to the unique advantages and great potential, companies in this zone can achieve sustainable success and long-term growth in an ever-changing competitive market.

 

Advantages of establishing a company in the Sharjah Free Zone

Establishing a company in the Sharjah Free Zone is a golden opportunity and provides many advantages to investors, such as:

• Full tax exemption for the company and on income.
• Providing planning and implementation services.
• Possibility of recovering the company’s capital and profits.
• No need for a UAE national to participate.
• Easy procedures with minimal costs.
• Providing basic facilities for establishing the company.
• Local and international shipping services.
• Medical facilities and services.
• Rapidly growing and developing infrastructure.

Documents and papers to establish a company in the free zone 

Establishing a company in a free zone requires submitting a set of basic documents and papers to ensure that the process runs legally and smoothly. The exact requirements vary depending on the type of company and the business activity you wish to pursue, but in general, the required documents include the following:

• Company Incorporation Application Form: This form contains basic information about the type of company, its trade name, the activities it will carry out, and the shareholders.
• Copies of Passports: Valid copies of passports of all partners or shareholders, as well as proposed directors of the company, must be submitted.
• Business Plan: A brief business plan is required that outlines the company’s goals, the business activities to be undertaken, and market strategies.
• Proof of Address: Proof of local or international address may be required for partners and shareholders.
• Personal Photographs: Passport size photographs of all shareholders and directors.
• Initial approval: In some cases, initial approval may be required from relevant government agencies, especially if the business is subject to special regulations.
• Articles of Association and Memorandum of Association: This document is one of the most important documents, as it includes details about the company’s structure, the rights and duties of shareholders, and the methods of managing the company.
• Directors’ Power of Attorney: A power of attorney document specifying who has the right to manage the company and represent it before official authorities.
• Certificate of Good Conduct: A certificate of good conduct may be required by security authorities for some shareholders or directors, especially if they are of foreign nationalities.
• Fee Payment Receipt: A receipt proving payment of the fees required to register the company must be submitted.

Steps to establish a company in the Sharjah Free Zone

When looking to establish a company in a free zone in Sharjah, the following steps can be followed:

1. Choose the type of company: Start by deciding which type of company best suits your needs, such as a limited company or a joint stock company.
2. Choosing a company name: Make sure to choose a name that is unique, appropriate for your company and complies with the free zone’s business naming guidelines.
3. Define the business: Define the range of business activities you wish to engage in.
4. Complete Documents: Prepare all required documents such as passports, ID photos, financial documents, and any additional documents required.
5. Submit a license application: Submit a license application to establish the company in the Sharjah Free Zone.
6. Rent an office: Rent an office or use virtual office services as per the requirements of the free zone.
7. Determine the ownership percentage: Determine the ownership percentages of the partners according to local laws.
8. Open a bank account: Open a bank account for the company in an approved bank in the free zone.
9. Implement legal procedures: Follow all legal and regulatory procedures related to company establishment.
10. Final Registration: Steps completed, you will need to officially register the company in the Sharjah Free Zone.

Types of licenses in Sharjah Free Zone 

Sharjah Free Zone offers a variety of business licenses that suit different types of economic activities. Choosing the right type of license depends on the nature of the business you want to establish. Here are the most prominent types of licenses available in Sharjah Free Zone:

• General Trading License: This license allows companies to carry out a wide range of commercial activities, including importing, exporting, distributing and storing various goods. It is the ideal option for companies that want to trade a variety of products.
• Commercial License: This type of license is for businesses that focus on a specific business activity such as selling products or services. This license can include retail or wholesale trade of specific types of goods.
• Industrial License: This license is granted to companies looking to establish industrial facilities in the free zone. This includes activities related to manufacturing, production, assembly or packaging.
• Service License: This license allows companies to provide various services, such as consulting, information technology, logistics, marketing, and other professional services.
• E-commerce License: For companies that operate their business online. This license allows them to establish and operate e-commerce websites, and sell products and services online.
• Import and Export License: This license is issued to companies that focus on importing and exporting products and goods. It is suitable for companies that rely on international trade.
• Educational License: For educational institutions that wish to establish schools, training institutes, or educational centers in the free zone.
• Media License: This license is used for media activities, including media production, publishing, and advertising.
• Innovation License: This license is intended for companies operating in the fields of innovation and technology, including start-ups in advanced technology fields.

In conclusion, establishing a company in the Sharjah Free Zone is an ideal strategic option for investors seeking to benefit from a unique business environment in the heart of the Emirates. The Sharjah Free Zone offers many competitive advantages that make it an attractive destination for companies from various sectors, including administrative facilities, tax exemptions, and the flexibility of full foreign ownership of companies.

The simplified procedures for setting up a company in Sharjah Free Zone contribute to attracting investors from all over the world, where they can benefit from government support and advanced infrastructure that enhances the chances of success and growth. In addition, Sharjah Free Zone provides an integrated business environment that supports innovation and expansion, making it an ideal place to launch new projects or expand existing businesses.

Sharjah also offers a strategic location that connects local, regional and international markets, enhancing companies’ ability to reach new customers and expand their business. The free zone also provides a wide range of support services, including legal, financial and logistics support, making it easier for investors to focus on growing their businesses without worrying about administrative details.

Ultimately, setting up a company in Sharjah Free Zone represents a golden opportunity for investors seeking growth and prosperity in a stable and supportive economic environment. The combination of government facilities, strategic location and advanced infrastructure makes Sharjah a leading investment destination capable of generating lucrative returns and opening new horizons for business growth.

The most important frequently asked questions about establishing a company in the Sharjah Free Zone