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Sharjah Free zone

Sharjah free zone

For business owners and investors seeking to start a firm in the United Arab Emirates, the Sharjah Free Zone provides a number of benefits. Sharjah is the only emirate in the United Arab Emirates with territory on both the Persian Gulf and the Gulf of Oman, making it the third biggest after Dubai and Abu Dhabi and accounting for at least 7.4% of the country’s GDP. There are several free zones that provide investors with well-developed infrastructure, elite business amenities, and total solitude.
The Sharjah Free Zones are officially recognized economic zones in the Sharjah emirate that provide a welcoming atmosphere for business, commerce, and investment. The Sharjah Free Zone is significant because of its advantageous location, cutting-edge infrastructure, and wide variety of industries operating there.
The following are some of the major industries that are thriving in the free zone:
Manufacturing and Industrial Sector.
Media and Creative Sector.
Trading and Logistics Sector.
Information Technology and Innovation.
Healthcare and Education.

How to Set-up business in Sharjah?

Determining the business activity is the first stage in the company registration procedure in Sharjah. There are various further processes, which change depending on the sort of business. Once the activity has been determined, the necessary permits and paperwork may be completed in order to get a Sharjah business license. Local and federal officials must also approve company formation in Sharjah, and some operations necessitate acquiring extra regulatory permits.

Documents required

An application form
Business plan
Lease agreement for the office space
Passport copies of shareholders, directors, and managers
Memorandum and Articles of Association (MOA/AOA)
Relevant educational and professional qualifications (for certain license types)

Types of licenses

Businesses can import, export, distribute, and store items inside the Sharjah Free Zone with the use of a trading license. It is appropriate for businesses that do trade. A formal application and other required papers, such as a business strategy, copies of passports, and proofs of address, are some of the fundamental prerequisites of a trade license. For this license, a real office location within the free zone is necessary. With the exception of local distributors or agents, selling products directly within the UAE market is prohibited by a free zone trade license.
Companies engaged in manufacturing, processing, and producing operations inside the Sharjah Free Zone are eligible for an industrial license. It enables companies to erect production facilities, assembly lines, and similar industrial buildings. You need appropriate industrial space within the free zone in addition to the aforementioned requirements. Environmental and safety laws, as well as the particular requirements for commercial operations and manufacturing standards, should all be followed by your company.
A service license is intended for companies that provide advisory or professional services. It encompasses a range of tasks, including IT, accounting, marketing, and legal services. A service license involves a license application, other required paperwork, and office space within the free zone, much like a trade license does. You are only permitted to provide services associated with the license activities under the service license; trade activities are not permitted.
Sharjah Free Zones offers a media license that is appropriate for enterprises engaged in publishing, broadcasting, advertising, production, and other media-related activities for businesses working in the media and creative sectors. A media license, like other free zone licenses, only permits you to carry out commercial operations associated with the licensed media services.

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Advantages of sharjah free zone

Ability to sponsor visas for foreign employees.
State-of-the-art office spaces.
State-of-the-art office equipment.
100% ownership for foreigners.
Access to an affordable and reliable supply of energy.
Access to unlimited cheap labor for industrial sectors.
Access to skilled professionals for specialized sectors.
Affordable business setup and service fees.
100% repatriation of profits and capital from your business.
100% exemption from import and export duties.
Access to Arabian Gulf, Indian Ocean, and international airspace.
100% exemption from corporate and personal income taxes.

Sharjah Freezone Locations

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