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Establishment of a company in the Sharjah Free Zone

٠٣ مارس Establishment of a company in the Sharjah Free Zone

Establishing a company in the Sharjah Free Zone represents a golden opportunity for investors and entrepreneurs seeking to benefit from the strategic location of the United Arab Emirates and its easy access to regional and global markets. The Sharjah Free Zone is one of the most important free zones in the Emirates, providing an integrated economic environment that supports business growth and development. Cooperating with Itqan in this process can be the key to achieving success, given its extensive experience in the field of company formation and related services.

When considering opening a company in the Sharjah Free Zone , an investor should be aware of the many advantages that this area offers. The most important of these advantages are the tax exemptions and customs facilities that give companies the ability to reduce costs and increase profitability. The area also provides a flexible regulatory environment that supports innovation and encourages expansion, making it an attractive destination for companies from various sectors.

Taking advantage of the advanced infrastructure offered by Sharjah Free Zone is one of the key factors that makes it an ideal choice for setting up a business. The zone offers a wide range of offices, warehouses and logistics facilities designed to meet the needs of businesses of all sizes. In addition, the free zone provides access to advanced freight and transportation services that ensure the speed and efficiency of movement of goods to and from the UAE.

By partnering with Itqan, investors can benefit from specialized consulting services that help them make the right decisions at every step of the company establishment process. Itqan guarantees full support from the beginning to the end of the process, including preparing the necessary documents, providing legal advice, and facilitating the obtaining of the required licenses. This cooperation facilitates the company establishment process and ensures compliance with all legal and regulatory requirements in the Sharjah Free Zone, giving investors the confidence and reassurance to focus on growing their business and achieving success in the UAE market.

Establishing a company in Sharjah Free Zone

Establishing a company in Sharjah Free Zone

Key Advantages of Setting Up a Company in Sharjah Free Zone

Sharjah Free Zone is one of the preferred destinations for setting up a business in the UAE, thanks to the many advantages it offers that suit the needs of entrepreneurs and investors. Sharjah Free Zone offers an ideal business environment characterized by flexibility and innovation, making it an attractive option for individuals and companies seeking to benefit from growth opportunities in the regional and international market. By establishing a company in this zone, investors can benefit from a wide range of advantages that support the success of their businesses and provide them with the necessary foundations to achieve their commercial goals. The main advantages of establishing a company in Sharjah Free Zone :

  • Tax Exemptions: Sharjah Free Zone offers complete exemption from corporate taxes, including corporate tax and value-added tax, helping companies increase their profits and enhance their competitiveness.
  • Full Foreign Ownership: Establishing companies in the Sharjah Free Zone allows foreign investors to own companies 100% without the need for a local partner, giving them complete control over their operations and management.
  • Residence visa facilities: Sharjah Free Zone offers great facilities in obtaining residence visas for employees and investors, which contributes to attracting talent and expanding the work team efficiently.
  • Advanced Infrastructure: Sharjah Free Zone provides advanced infrastructure including modern offices, warehouses and logistics facilities, which contributes to facilitating business operations and enhancing performance efficiency.
  • Quick and easy incorporation procedures: Sharjah Free Zone features quick and simple registration and incorporation procedures, saving investors time and effort and focusing them on developing their businesses instead of dealing with administrative routine.
  • Easy access to global markets: Sharjah Free Zone’s strategic location allows companies to easily access regional and international markets, enhancing their ability to expand and trade globally.
  • Intellectual Property Protection: Sharjah Free Zone offers strong intellectual property protection, helping businesses protect their ideas and innovations from infringement or unauthorized use.
  • Low operating costs: Sharjah Free Zone has competitive operating costs compared to other free zones, which enhances cost efficiency and increases its attractiveness to investors.

Establishing a company in Sharjah Free Zone provides investors with an ideal environment that supports their business growth and helps them achieve their business goals effectively. These advantages are a strong incentive for companies to move to this region and take advantage of the opportunities available in the thriving business market.

Basic requirements for establishing a company in the Sharjah Free Zone

Basic requirements for establishing a company in the Sharjah Free Zone

Basic requirements for establishing a company in the Sharjah Free Zone

Establishing a company in the Sharjah Free Zone is an exciting option for investors looking to benefit from the advanced business environment and great facilities provided by the free zone. In order to successfully establish your company, it is essential to meet the basic requirements that ensure the procedures run smoothly and efficiently. Collaborating with Itqan Company can have a significant positive impact, as the company provides the necessary guidance and expertise to overcome each stage of the establishment process. Here is a look at the basic requirements for establishing a company in the Sharjah Free Zone: Basic requirements for establishing a company in the Sharjah Free Zone:

  • Choosing the type of commercial license: The type of commercial license that is appropriate for the company’s activity must be determined. The types include commercial license, industrial license, service license, and media license. Choosing the license depends on the nature of the commercial activity that the company will carry out.
  • Submitting the establishment application: Fill out the Sharjah Free Zone establishment application form and submit it with all the required documents. The form includes details of the company’s activity and personal information of the founders.
  • Copy of Passport: A clear copy of the passport of the founder(s), including the pages containing personal data and visas, must be provided.
  • Recent Personal Photo: A recent photo of the founder or partners, to be used on the ID card and business license.
  • Copy of Residence Visa or Visit Visa: If the founder is a resident of the UAE, a copy of the residence visa must be submitted. If the founder is a visitor, a copy of the visit visa must be submitted.
  • Memorandum of Understanding or Articles of Association: A document that specifies the partners’ agreement and the percentage of shares, and is necessary to legally establish a company.
  • Business Plan: A document that outlines the nature of the proposed business, business objectives, target market, and operational strategy.
  • Choosing an office location: Choosing an office location within the Sharjah Free Zone and contracting with an office service provider or rents. The office must comply with the requirements of the free zone.
  • Payment of registration fees: Payment of the fees required to register the company and obtain the commercial license. The fees may include the license fee, office registration fee, and any additional costs.
  • Visa Application: Apply for residence visas for employees and investors. Sharjah Free Zone provides visa facilities based on the size and needs of the company.
  • Obtaining necessary approvals: Depending on the type of business, some special approvals may be required, such as additional permits or licenses.

Cooperating with Itqan Company can contribute to simplifying these procedures, as the company provides support and guidance in every step of the establishment process, ensuring that the process runs smoothly and efficiently.

Our company’s role in establishing a company in the free zone

Establishing a company in Sharjah Free Zone in collaboration with Itqan is a pivotal strategic step towards achieving success in the growing UAE market. Sharjah Free Zone offers a favorable business environment that attracts investors from all over the world, thanks to its competitive advantages that include tax exemptions, customs facilities, and advanced infrastructure. These advantages make it an ideal destination for startups and entrepreneurs looking to expand their businesses in the region.

Itqan adds another dimension of professionalism and efficiency to the process of establishing companies in the Sharjah Free Zone. With its in-depth experience and knowledge of local laws and regulations, Itqan facilitates the process of establishing a company and ensures that it runs smoothly in accordance with legal and procedural requirements. From providing advice on the appropriate legal structure for the company and choosing a trade name, to preparing and submitting legal documents to the relevant authorities, Itqan ensures that all steps are carried out efficiently and without complications.

Cooperation with Itqan is not limited to the establishment phase, but extends to providing continuous support to the company after starting its commercial operations through its consulting services. Itqan contributes to enhancing growth and expansion opportunities for companies, making it a vital partner for any investor seeking success in the Sharjah Free Zone. Its role in facilitating obtaining the necessary commercial licenses and visas also enhances the ability of companies to focus on their core activities without being preoccupied with bureaucratic procedures.

In conclusion, establishing a company in the Sharjah Free Zone in cooperation with Itqan Company represents a smart and successful investment decision that allows investors to take maximum advantage of the economic opportunities in the Emirates. Thanks to the specialized support and comprehensive services provided by Itqan, companies can start with confidence and achieve success in an advanced and competitive business environment at the local and international levels.

Frequently asked questions about establishing a company in the free zone

What are the main advantages of setting up a company in Sharjah Free Zone?

Sharjah Free Zone offers many benefits such as tax exemptions, customs facilities, 100% foreign ownership, and no restrictions on repatriation of capital and profits. It also features advanced infrastructure and integrated logistics services, making it a preferred destination for investors.

What types of companies can be established in Sharjah Free Zone?

Several types of companies can be established in the Sharjah Free Zone, including: a limited liability company, a subsidiary company, a subsidiary company, and a representative office. Each type of company has its own requirements and procedures for incorporation and registration.

What are the basic requirements for establishing a company in the Sharjah Free Zone?

The basic requirements for establishing a company include submitting a company registration application, choosing a trade name, providing copies of the passports of shareholders and directors, and preparing the company’s articles of association and memorandum of association. Some business activities may require additional licenses from the relevant authorities.

Can foreigners establish a company in Sharjah Free Zone?

Yes, foreigners can establish a company in the Sharjah Free Zone and have 100% ownership of the company. The free zone provides an attractive environment for foreign investors by offering multiple benefits, including tax incentives and advanced infrastructure.

What are the costs associated with setting up a company in Sharjah Free Zone?

Costs vary depending on the type of business and the type of license required. Costs include registration fees, office or warehouse rent, and fees for obtaining business licenses and visas. It is advisable to contact a consulting company such as Itqan to get an accurate estimate of costs.

How long does it take to set up a company in Sharjah Free Zone?

It usually takes two to four weeks to set up a company in Sharjah Free Zone, depending on the type of company and the procedures required. Itqan can help speed up the process by providing the necessary support throughout the incorporation process.