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Sharjah

The Emirate of Sharjah is the oldest Emirate on the coast of Oman, and lies in the centre of other emirates, spread over an area of 2600 sq. km, occupying 3.3% of the total area of the United Arab Emirates (not counting the islands). The Free Zone Authorities in Sharjah are the government bodies registering non-resident companies and issuing business licenses.

Main Benefits

  • 100% ownership.
  • No tax on corporate gains or personal incomes
  • 100% repatriation of capital and profits
  • Exemption from import and export duties

About Sharjah Free Zones

Sharjah has forged strong economic relationships with over 125 countries around the world, with foreign trade statistics indicating that Sharjah's imports have dramatically increased during the last few years while the number of trade licenses issued within the emirate indicates an increase in domestic trade activities.Sharjah's free zones and three seaports have also contributed significantly to the unprecedented growth of Sharjah's economy.

The Free Zones in UAE is the best location for setting up business for companies planning to operate from UAE the major part of their transactions outside UAE. The Free Zones in Sharjah are cost effective in registration and liberal in issuance of residence visas. The Emirate of Sharjah has created two Free Zones offering 100% ownership to foreign investors. These are

  • Sharjah Airport International Free Zone (SAIF Zone)
  • Hamriyah Free Zone

The Free Zone companies are also eligible for getting their employees sponsored by UAE residence visas valid for usually 3 years.

The setting up of company in Sharjah Free Zones is hassle free and takes less time for business licensing with the assistance of a good business consultant.

List of Sharjah Free Zones

Advantages of Setting Up In Sharjah Free Zones

Sharjah has exerted considerable efforts to legislate a wide range of reforms, including the infrastructure of each economic movement that has resulted in attractive opportunity packages for investors. The emirate's lucrative economic policy makes it attractive for industrial and commercial companies. Sharjah has forged strong economic relationships with over 125 countries around the world, with foreign trade statistics indicating that Sharjah's imports have dramatically increased during the last few years while the number of trade licenses issued within the emirate indicates an increase in domestic trade activities.

The companies setting up in Free Zones in Sharjah are eligible for various incentives and facilities as follows:

Free Zone Status

  • 100% foreign ownership is allowed
  • Full repatriation of profits and capital are permitted
  • Guaranteed 50-year exemption from personal, income and corporate taxes
  • Exemption from customs duty for goods and services

Business-friendly environment

  • Simplified incorporation process
  • Hassle-free and business-friendly company laws and legal framework
  • Quick access to Knowledge Workers due to fast-track immigration process

Setting Up Business in Sharjah Free Zones

Setting up a business in Sharjah Free Zones requires planning and decision making through different phases. This involves choosing a name for the company and reserving with the Free Zone, preparation of business plan, choosing suitable infrastructure, estimating required human work force etc. The business registration or licensing process can be completed only after depositing the minimum capital mandated by the chosen Free Zone, in a bank account in UAE. A company being formed may have either an individual shareholder or corporate shareholder or both. The incorporation process requires the shareholders to sign the documents in the presence of Free Zone authorities.

Business Licensing in Sharjah Free Zones

A business license issued by Sharjah Free Zones permit a company to practice the business activity mentioned in its license subject to the Free Zone Regulations. The primary step in setting up a business entity in Free Zones in Sharjah is the selection of business activities. This is so because the other phases of business setting up like determining the number of business licenses can be decided only based on the selected business activities. The reservation of name for the company is as important as choosing the business activity. The name should not resemble the names of any company registered in the Free Zones or reserved for the Government. The Free Zone has the discretionary power to accept or reject a name. In Sharjah, the Free Zones classify business licenses mainly into General Trading, commercial, professional and industrial.

Types of Legal Entities in Sharjah Free Zones

An individual or a corporate entity can set up and do business in Sharjah Free Zones (SAIF Zone or Hamriyah Free Zone) being registered in any of the following legal forms:

  • Free Zone Establishment (FZE) – entity with one shareholder
  • Free Zone Company (FZC) – entity with 2 to 5 shareholders
  • Branch of a Foreign Company
  • Branch of a Local Company


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