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With its\nreputation as the cultural capital of the UAE, the Emirate of Sharjah is a very\nattractive investment destination for businesses across industry verticals. The\nEmirate boasts of an impressive growth rate with thousands of investors coming\nin annually, strong trade relationships spanning more than 125 countries, and\nthree globally renowned Free Zones that offer a welcome environment for\nbusinesses to grow and flourish.<\/p>\n\n\n\n
The\ntraditional business setup, which consists of a foreign national partnering\nwith a UAE citizen to establish a business, still thrives in Sharjah. But\nSharjah\u2019s Free Zones are attractive and viable options for entrepreneurs who\nwant to build something new and yet retain complete ownership of their company.<\/p>\n\n\n\n
Below,\nwe take a look at how you can set up a business in Sharjah\u2019s Free Zones.<\/p>\n\n\n\n
Choose\nThe Type Of Legal Entity<\/strong><\/p>\n\n\n\n There are\n2 types of legal entities allowed in a Free Zone:<\/p>\n\n\n\n The\nkey differences between these two are the number of shareholders and the legal\nidentities of these shareholders. Each Free Zone has its own set of regulations\nand might not permit both types of companies. Before you register, consult with\nthe authorities of your chosen Free Zone about the types of legal entities that\nare allowed.<\/p>\n\n\n\n Choose\nAnd Reserve A Trade Name<\/strong><\/p>\n\n\n\n While\ndeciding on a company name, you will need to check with the Free Zone authorities\nand the Department of Economic Development about permitted company names and\nwhether the intended name has already been registered. The key requirements for\na suitable trade name are as follows:<\/p>\n\n\n\n Apply\nFor A Business Licence<\/strong><\/p>\n\n\n\n To\ncomplete the Sharjah Free Zone incorporation process for your company, you need\nto get a business license. The type of licence depends on the type of business\nactivity you are planning to conduct. The types of activities permitted within\neach Free Zone are different. For eg, the Hamriyah Free Zone\u2019s list of\npermitted business activities include industrial manufacturing, logistics and\nrobotic technology. Sharjah Media City, on the other hand, offers 100+ media\nrelated business activities including sound recording, advertising, motion\npictures, and radio broadcasting.<\/p>\n\n\n\n Choose\nSuitable Office Infrastructure<\/strong><\/p>\n\n\n\n Depending\non the number of employees, type of business activity and capital requirements,\nyou can choose to buy or lease office space in the Free Zones. The Hamriyah\nFree Zone, Sharjah Media City, and Sharjah International Airport Free Zone\noffer a range of flexible office spaces to cater to every budget. You can also\nfind your choice of staff accommodations to house employees in comfort.<\/p>\n\n\n\n Get\nThe Necessary Approvals<\/strong><\/p>\n\n\n\n To get the\nrequired approvals, you need to provide authorities with the necessary\ndocumentation, including application forms, business plans, letter of Intent,\nunit title deed, articles of association etc. A trusted consultant can guide\nyou through the paperwork and ensure that the registration process is easy,\npainless and glitch-free.<\/p>\n\n\n\n With\nits low cost freight charges, easy access to air, land and sea, simplified\nimmigration process and guaranteed 50-year exemption from personal and\ncorporate taxes, Sharjah is truly a hidden gem for investors and entrepreneurs\nalike.<\/p>\n\n\n\n Maximize your potential for profit by taking the help of a trusted consultant. Get in touch with the experts at WorldWide Formations to make your <\/em>Sharjah Freezone business setupprocess smooth, hassle-free and pain-free.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" With its reputation as the cultural capital of the UAE, the Emirate of Sharjah is a very attractive investment destination for businesses across industry verticals. The Emirate boasts of an impressive growth rate with thousands of investors coming in annually, strong trade relationships spanning more than 125 countries, and three globally renowned Free Zones that offer a welcome environment for businesses to grow and flourish. The traditional business setup, which consists of a foreign national partnering with a UAE citizen to establish a business, still thrives in Sharjah. But Sharjah\u2019s Free Zones are attractive and viable options for entrepreneurs who […]<\/p>\n