Sharjah free zone is one of the areas in UAE designated by the government to encourage potential investors from all over the world. If you plan to start your own business setup in UAE, there are many opportunities in Sharjah Publishing City (SPC) free zone.
Following the continuous support and benefits provided by the city’s authorities as well as the UAE government, setting up a business in this area is a worthwhile opportunity that investors would never want to miss. Below are some of the main steps that can help you start a business in the Sharjah Free Zone:
Choose the Business Structure
The first step is to determine the ownership of the company. Sharjah free zone allows 100% ownership to expatriates who intend to set up a business- a benefit not offered to investors outside a free zone. If you wish to establish a business in Sharjah Publishing City, register the business as a Free Zone Establishment (FZE) when the company has one shareholder or a Free Zone Company (FZ-LLC) when it has two or more shareholders.
Choose a Trade Name
Establish your business’s brand presence by naming it. Be sure to check for the validity of the name from the Department of Economic Development or Sharjah Free Zone authority. Some naming requirements for trade names include:
- The name must have the company’s legal form, for instance, FZE, LLC, FZC, etc.
- The name must follow the public morals and order of the UAE.
- The names should not have the names of the emirates, any religion, governing body, or UAE.
Apply for a Business License
A trade license is crucial as it proves that your company has the legal right to operate in UAE. Sharjah Publishing City licenses offer a variety of benefits to investors, including over 1,500 different company licenses in various industries and 10-year license duration periods.
Register your business
Registering a business in Sharjah Free Zone is easy. You only need to send your application along with the relevant documents, including the trade license. Then, you will pay the licensing and registration fees, and your business will be legally established.
Business setup costs in free zone areas are not as high as outside the free zones. The commercial real estate market is affordable and offers a wide selection of business units. You can buy or rent the property that fits your company’s needs. With FreeZoneMarket.ae, you can easily register and start your business in Sharjah Free Zone. Contact us!