Overview
Business structures Mainland Sharjah has tremendous growth potential. Since the
turn of the millennium, Sharjah, the emirate with an investor-friendly outlook, has
grown to be one of the most popular business destinations. More and more global
investors and expats are registering companies in Sharjah Mainland as they
recognize the emirate’s rising significance as a major economic hub. The Sharjah
Economic Development Department (“SEDD”) manages problems relating to
Sharjah license issuing, renewal, and winding and maintains track of enterprises
operating in the city of Sharjah. A trade license is the first official step for a business
owner to take when opening a Sharjah company. Without a license, a business cannot
operate.
Sharjah trade license fee
The Sharjah trade license cost is determined by the kind of license, the firm
ownership structure, the value of the office lease, and other elements. To get the
business license of your dreams, we actively cooperate with Sharjah government
departments and authorities.
Different types of sharjah trade licenses
Manufacturing & Industrial License
Commercial & Trading License
Professional License
Eitimad domestic license
E-commerce License
Steps to set up a Sharjah Mainland Company
1. Select the business activity
You must first choose the category of business activity. The sort of company
license you must then get is entirely up to you
2. Find a local Sponsor
You will require a local sponsor if you are a foreign investor. The sponsor
must be a citizen of the UAE and hold 51% of the company's shares in addition
to being a partner in the business.
3. Get the MOA and company’s lease agreement signed by a public notary
Get a MOA, which is a written document that demonstrates an agreement for
partnership between the parties. The document must be notarized. In addition,
you need to locate office space and get the lease document notarized.
4. Furnish the necessary documents
For the purpose of acquiring a trade license, all necessary documentation must
be provided. These papers might change based on the nature of your firm.
5. Pay the license fees
You must pay the licensing cost required to get a trade license.
6. Apply for an Establishment Card
An establishment card must be requested from the Immigration Authority. It's
basically a plastic card with information about your business on it
7. Obtain approval from the Name board
You have to provide the authorities three distinct name suggestions. The name
must be original and free of offensive terms. Additionally, neither the Arabic
nor English names of God are permitted.
8. Request authorization from Ministry of Labour before hiring a worker.
For your staff, you must get an entry visa and a work permit from the Ministry
of Labor. For the benefit of your staff, you must apply.
9. Apply for an Establishment Card Get Immigration Department Stamp
To obtain a passport with a valid stamp, the procedure must be started. Your
local sponsor or partner in the UAE must handle this.
10. Submit forms to the Department of Economic Development (DED)
The Department of Economic Development must receive the company
registration form in addition to all the necessary paperwork for your name
11. Trade name registration
You must register your trade name with the Department of Economic
Development when you've decided on it. You can do this step online.
12. Obtain approval from the authority
To obtain a passport with a valid stamp, the procedure must be started. Your local sponsor or partner in the UAE must handle this.
