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Sharjah Free Zone Company Formation

About Sharjah Free Zones

The oldest Emirate in the coast of Oman and lying strategically in the centre of other Emirates is The Emirate of Sharjah. Sharjah is the third largest city in UAE in terms of both size and population. Prime location, affordable real estate, state-of-the-art infrastructure and business favourable laws make it an advantageous destination for business owners and entrepreneurs alike. Sharjah has a fair judicial system which accounts for the low crime rate. Foreign Direct Investment (FDI) flow to Sharjah more than doubled in 2017 to Dh5.97 billion and has led to 174% surge in new jobs. The guidelines on company formation fall under the purview of The Sharjah Economic Development Authority. Contact Socprollect for Sharjah Free Zone Company Formation today itself.

Free Zones in Sharjah & Benefits:

  • Sharjah Airport International Free Zone (SAIF Zone)
  • Hamriyah Free Zone
  • U.S.A. Regional Trade Center free Zone (USARTC Free Zone)
  • Sharjah Publishing City Free Zone
  • Sharjah Media City Free Zone

The benefits of Sharjah Free zone company formation are

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • No tax on corporate and personal gains
  • Exemption from import and export duties
  • Sponsorship and visas for all staff
  • Free transfer of funds & stable currency linked to the US
  • Onsite workers accommodation
  • Cheap 25 year lease, extended to a similar period
  • 24 hour license services

Sharjah Free Zone Company Formation:

A company incorporated in Sharjah can be registered as

  • Limited Liabilities company
  • Partnership company
  • Local service agent or business partnership
  • Branch of a foreign company
  • Branch of a local company
  • Branch of a GCC company
  • Public private shareholding

Setting up a business in Sharjah Free Zone:

The process of setting up business in Sharjah is simple if you follow the rules and the procedures and have the necessary documents. The steps involved in setting up business in Sharjah are

  • Choose the appropriate free zone for your business
  • Prepare business set-up plan
  • Choose a name for the company and reserve it with the free zone
  • Finalize infrastructure
  • Estimate workforce
  • Deposit minimum capital amount in the bank account as stated by the authorities
  • Business registration and licensing process completion

Complete company formation formalities by signing company formation documents with appropriate shareholders in the presence of free zone authorities.

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