Business Setup in Sharjah

Setting up your dream company in Sharjah Emirates

Business Setup in Sharjah

Sharjah is a growing business hub of the Middle East with a significant share of GDP coming from trade and commerce activities. Business Setup in Sharjah is initiated in two main business jurisdictions i.e. the Mainland and the Free Trade Zones. There is an immense demand for company setup in Sharjah due to the favorable business environment, lower rental charges, location of the ports, availability of a wide range of warehouse options, etc.

There are multiple business activities available to set up a company in Sharjah. The main category of business licenses in Sharjah is Trading License, General Trading License, Industrial/manufacturing License, and Services License. Under each of these trade license categories, there are various business activities for the investors to choose for their company.

Benefits of Business Setup in Sharjah

Business Setup in Sharjah comes with numerous benefits for the investors. They can facilitate trade operations and offer services by setting up a company in Sharjah at an affordable rate and gain many advantages such as the following:

Be part of the growing Sharjah Retail Business and facilitate trade operations in the local UAE market.
The Strategic location of Sharjah and the Sea Port and Airport Infrastructure is ideal for all types of companies
The Logistics and Ports facility helps in facilitating import-export goods and items to and from other countries
The cheaper rental charges, business license fee, availability of customized warehouses, cheap labor, industrial areas, transport, and delivery support
The Free Zones of Sharjah are ideal for all types of companies to easily set up and operate their company in UAE
World Class office infrastructure and other facilities, low power cost for industries, etc., make Company Setup in Sharjah beneficial for the investors in multiple ways

Mainland Business Setup in Sharjah

Mainland Company Setup in Sharjah is one of the most popular options among investors to obtain a trade license for their selected business activity. In Sharjah, the mainland company license is issued by the Sharjah Economic Development Department (SEDD). The most in-demand business license categories for Sharjah Mainland Company Setup are Trading, General Trading, and industrial license.

A Limited Liability Company can be set up for the investors depending on the shareholders. The Service License or Professional License is another popular category for individual investors for setting up a consultancy services business.

Mainland Companies in Sharjah offer more flexibility to investors for trading their goods in the local UAE Market. There is a wide range of office facilities available starting from a virtual office to fully-furnished spaces in Sharjah for investors to easily start their business.

Steps in Setting up a Company in the Mainland of Sharjah

To set up a Business in the mainland of Sharjah, the investors must register their company in SEDD. The Sharjah Economic Development Department will issue the trade license for the company after reviewing the application submitted by the investor.

Following are the steps to follow for obtaining the Trade license and opening a new company in the Mainland of Sharjah.

Finalize the business activity and location of the business
Select the right trade name (3 options) and get the trade name approval from SEDD
Depending on the shareholders, decide the shareholding pattern and prepare the Memorandum of Association (MOA) and notarize it
Pay the rent and take the office space. Also, prepare the tenancy agreement
Obtain the initial Approval from SEDD
Depending on certain business activities there are additional requirements from the municipality, ministries, and departments. Get approval from the authorities accordingly.
Get approval from the Ministry of Labor for recruiting the employees
Submit all the documents, including passport copies, photographs, approvals from ministries, memorandum of association, lease agreement, etc., to the SEDD
Pay the required trade license fee and obtain the trade license for your company

Documents Required for Setting up a Sharjah Mainland Company

There are a few documents required for setting up a company in Sharjah. All the documents must be submitted to the Sharjah Economic Development Department for review to obtain the trade license.

Passport copy and Photograph of all shareholders (NOC letter of sponsor in case the shareholder has a UAE resident visa)

Trade Name Approval Certificate
Tenancy Contract Attested from Municipality
Special Approvals from Ministry or Municipality depending on the business activity
Memorandum of Association attested by the Court
Proof of Residence for Shareholders

Compliance Requirements in setting up a Mainland ompany in Sharjah

For companies that are operating in UAE as a whole, there are certain compliance requirements to follow. Hence, companies operating in Sharjah must also be in line with the UAE’s compliance laws.

The companies must be well aware of the regulatory requirements of keeping the company financials, shareholder information, and other financial data clean to comply with the Ultimate Beneficial Ownership (UBO), Economic Substance Regulations (ESR), Anti-Money Laundering, etc.

Free Zone Company Setup in Sharjah

Free Zone Company Setup is another popular option when it comes to starting a business in Sharjah. There are about 5 Free Trade Zones in the Emirate of Sharjah. Among these Free Zones Sharjah Airport Free Zone being one of the best Free Trade Zone for Trading goods.

Following is the list of Free Trade Zones in Sharjah

The Free Trade Zones in Sharjah offer multiple business license categories and numerous business activities under each of the trade license categories. Similarly, the Free Zones offer a wide range of company setup packages for investors.

Free Zone company setup in Sharjah is a straightforward when compaired to mainland. It is easy to register and start operating the business in the Sharjah Free Zone. Free Zones Sharjah has minimal documentation, almost instant license issuance, and ready to occupy office & warehouse spaces.

How Aurion Will Assist in Company Setup in Sharjah?

Aurion is one of the best Business setup service provider in Sharjah. AURION offers complete assistance for business setup in Sharjah. It is headquartered in the Sharjah Airport International Free Zone and is the Registered Agent of 17 plus Free Zones in UAE.

The Expert Business Consultants at AURION will walk you through the process of company setup in Sharjah Mainland and Free Zone without any hassle. Depending on your specific business requirement, budget, hiring plan, and business growth plan, the right choice for company setup in Sharjah will be advised by our Business Consultants.

Connect with us right away to know more about the process of obtaining a Trade license and setting up a company in the Emirate of Sharjah in the most cost-effective way.

Business Setup in Sharjah