Business Setup in Sharjah Mainland
Do you find it challenging to obtain a Sharjah mainland business license? In that case, let our adept business setup consultants in Sharjah be the perfect choice to fulfill your aspirations.
Sharjah, a booming emirate in the United Arab Emirates, offers new avenues of progress implemented regularly by its government. Business setup in Sharjah mainland is ideal for service-oriented sectors as well as industrial sectors.
It is valued as a strategic location that connects major trading zones and is a cost-effective way to commercialise your business activity.
The location stimulates the marine and shipping sectors of the country. Hence, company formation in Sharjah is a good option.
Our business setup consultants in Sharjah sort everything out for you, which makes starting a business in Sharjah extremely simple and convenient. At Shuraa, we assist multinational companies as well as SMEs with getting their business licenses in Sharjah.
Why Sharjah Mainland is the Perfect Business Hub.
No Mandatory Audits.
Businesses in Sharjah do not have to be audited, freeing up time and resources for other business activities
Ease of Currency Regulations.
Sharjah does not have restrictions on the use of certain currencies, making it easier to conduct financial transactions.
No Visa Limitations.
UAE mainland companies can easily expand their visa quotas as long as they have the physical space.
Financial Viability.
Mainland companies enjoy the same benefits as free zone companies, including tax exemption and no minimum capital requirement
Freedom to Operate Anywhere.
Sharjah Mainland companies can operate anywhere in the UAE, including free zones and outside the country.
Stronger Market Presence.
Open physical offices anywhere in the UAE. This can help you build relationships with local customers and partners and give you a competitive edge.
Ability to Work With Government Bodies.
You can also bid on government contracts, giving them the opportunity to work on high-risk, high-return projects.
Steps in Setting Up a Business in Sharjah Mainland
Navigating the legal paperwork process can be challenging for those unfamiliar with the UAE legal system. This is where seeking assistance from a reputable consultancy firm becomes crucial.
Outlined below are the essential steps for mainland company formation in Sharjah:
Following the issuance of the trade license, the next step is to open a corporate bank account. A digital bank account makes the whole process
much easier and c an usually be completed within a few days.
Additional approvals may be necessary depending on your business type. You’ll obtain your business license after fulfilling all
requirements and paying the fees.
Once you’ve settled on a trade name, register it online with the DED.
Officially file your license application with the Department of Economic Development
Prepare and submit all required documents, including your company registration form and chosen name, to the DED
Finalize the nature of your business activity, as this will determine the specific type of business license required.
Process the necessary paper work . Your local sponsor or partner must complete this procedure in the UAE.
If you plan to hire employees, you’ll need to obtain an Entry Vis a and work permit from the Ministry of Labor on their behalf.
Present three different name options for your business, ensuring that the chosen name is unique, free from any indecent language, and does not contain God’s name in Arabic or English.
Present three different name options for your business, ensuring that the chosen name is unique, free from any indecent language, and does not contain God’s name in Arabic or English.
Sharjah offers three types of business licenses -Industrial License, Commercial License, and Professional License. Choose the appropriate one and pay the relevant fees.
Gather all the required documents specific to your business activity, as the requirements may vary.
Get the Memorandum of Association (MOA) and lease agreement signed, sealed, and notarized by a public notary. Additionally, you need to secure an office space and have the lease agreement notarized.
Licensing for Setting Up in Sharjah Mainland
The Sharjah Economic Department, the prestigious authority in charge of issuing business licenses, plays a crucial role in the changing landscape of Sharjah Mainland. Securing the right license becomes the cornerstone of your enterprise.
Sharjah offers three distinct types of licenses tailored to align seamlessly with your company’s essence:
Industrial License
For manufacturing, processing, packaging, assembling, and fabrication businesses.
Commercial License
For trading companies involved in import, export, and e-commerce.
Professional License
For individual entrepreneurs offering professional services like consultancy, event management, and investment services.
Types of companies in Sharjah Mainland
Essential Documents for Sharjah Mainland
Company Set Up
Investors are required to submit particular documents. The mandatory paperwork needed to establish a business in Sharjah is as follows :
