Sharjah Free Zones

Business setup in Sharjah

Sharjah Free Zones

Sharjah Free Zone is home to firms from a variety of industries, ranging from aviation to logistics. This is as a result of the UAE government's strong efforts to attract foreign investment to the region. Because of the affordable rent, the trained labor and secure investment, business owners from all over the world establish their operations here.

How business people and expats choose to establish a branch office or a firm in Sharjah speaks volumes about the city's development as one of the most attractive business setup destinations. The area has robust correlation with the rest of the globe because it houses both an international airport and a seaport.

Why choose to start a business in Sharjah?

Commercial enterprises and sectors are drawn to Sharjah because of its liberal economic policies, business-friendly corporate regulations & access to investment opportunities in the United Arab Emirates. The Sharjah Free Zone is the most efficient & cost-effective option when compared to the other free zones in the United Arab Emirates due to its moderately low startup costs.

What are the free zones available for business setup in Sharjah?

Sharjah is home to 3 free zones that are listed below:

The first Airport Industrial Free Trade Zone in the UAE is Sharjah Airport International Free Zone (SAIF). It is situated right next to Sharjah International Airport which entices international corporations to locate businesses there.

SAIF Zone offers the following business licenses

  • Industrial license for manufacturing.
  • Commercial license for trading.
  • Professional license for setting up service based companies.
  • General trading license which encompasses all the trading activities that the company wants to engage in.

Benefits of setting up a company in Saif

  • 100 % foreign ownership.
  • 100 % capital & profit repatriation.
  • Exemption from corporate & personal income taxes.
  • No currency restrictions.
  • Economical lease rates.
  • Global connectivity being an integral part of Sharjah International Airport.

One of the free zones in Sharjah with the greatest growth is the Hamriyah free zone. It is the best place to setup an oil & gas industry, marine industry as it is situated. Hamriyah free zone is also connected to the Hamriyah Port which serves as a hub for exports to foreign markets. Thanks to Sharjah's well-connected road network, which also links the region to Oman, Bahrain, and other places, the area's great coastal location is improved. The HFZA Maritime City, where investors can expand prospects like shipbuilding, repair, offshore fabrication, and others, is one of the city's main features in addition to serving as a hub for oil and gas enterprises.

Hamriyah Free Zone offers the following licenses to choose from –

  • Industrial license.
  • Commercial license.
  • Professional license.

3 types of legal statuses offered at Hamriyah Free Zone –

  • FZC - Free Zone Company with 2 to 5 shareholders.
  • FZE – Free Zone Establishment with 1 shareholder.
  • Branch of a local or international company.

Benefits of setting up a company in Hamriyah Free Zone –

  • 100% foreign ownership
  • 100 % repatriation of capital & profits.
  • Options for short - term and long - term lease renewal.
  • Access to GCC & UAE markets.
  • Business setup within an hour.
  • No customs or re - export duty.
  • There is no requirement for physical presence in the UAE to register a new business.
  • On-site labor accommodations and customs facilities.
  • Access to a 14-meter-deep port & a 4-meter-deep inner harbor.

Shams was established as a world-class hub for modern services for those who wish to setup their business within specialized facilities in the media and creative industry. The Sharjah Media City Free Zone offers cutting-edge services together with a comprehensive, community-centered strategy with the goals of promoting low investment models of business and enabling creative entrepreneurship for all aspiring start-ups, SMEs, and established firms. The UAE Free Zone offers chances for customers from all over the world by offering cutting-edge solutions to meet their business demands through the quickest possible business registration process. Being a new Free zone in the UAE, SHAMS also aims to give its community high-quality services, accomplish significant gains in handling efficiency and turnaround for individuals looking to make a name for themselves in the media sector, and develop into a flexible Free zone in Sharjah.

SHAMS offers the following licenses to choose from:

  • Industrial license
  • Commercial license
  • Professional license
  • Holding license

2 Types of legal statuses offered by SHAMS:

  • FZC – Free Zone Company is a separate legal entity & it separates its shareholders from the company hence giving the company its own identity.
  • Branch of a parent company.

Benefits of setting up a business in SHAMS:

  • Economical – Costs as low as AED 5,750 to setup a business.
  • 100 % foreign ownership.
  • Company documents issued very swiftly.
  • Up to 12 visas allocated on a dedicated desk facility & 6 visas on a shared desk facility.
  • Range of business activities available to choose from.
  • 100 % repatriation of capital & profits.
  • No corporate & personal income tax.
  • No deposits required by SHAMS.
  • Quick online registration process.

Why choose us as the intermediary for setting up a business in Sharjah Free Zones

We have conducted business setup for more than 300 clients with high levels of customer satisfaction & retention. We are committed to delivering the best business setup services in Sharjah on a turnkey basis.

Our involvement for conducting the business setup services on behalf of our clients will include:

  • Carrying out all the procedures for business setup such as initial name approval, trade activity selection, type of business selection i.e. FZE, FZC or branch of a foreign company after acquiring all such information from the clients.
  • After completion of all the procedures handing over all the documents - Trade license, Share certificates, Certificate of incorporation & all the other documents obtained.
  • Setting up E- channel for the client.
  • Obtaining the establishment card & handing it over to the client.
  • Assistance with opening a corporate bank account (Upon discretion of the client).