The Sharjah Communication Technologies Free Zone (Comtech) is a pioneering project aimed at establishing Sharjah as a global leader in communication technologies. Initiated by Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Comtech seeks to develop an appealing centre for investments, partnerships, and skilled professionals in the communication technology industry. Situated strategically in the city of Kalba and supported by the Sharjah Communication Technologies Authority (SCTA), Comtech is poised to transform the technological landscape of the region.
The Comtech Sharjah Free Zone operates with financial and administrative autonomy, reporting directly to the SCTA. This independence enables it to effectively pursue its objectives, which include enhancing Sharjah's position in communication technologies and contributing to its economic growth. The free zone is dedicated to supporting and promoting the communication technology sector, raising the emirate's global reputation, and fostering an environment conducive to investment in technological innovation, artificial intelligence, and future technologies.
Comtech Sharjah Free Zone is driven by a clear set of strategic objectives designed to foster growth and innovation. These objectives include:
Enhancing the Emirate's Position: By focusing on communication technologies, Comtech aims to bolster Sharjah's reputation as a hub for technological advancement.
Attracting Investments and Talent: The zone is dedicated to creating an attractive environment for investments and partnerships, drawing skilled professionals to the region.
Supporting Technology Firms: Comtech offers support to technology firms, information centres, and artificial intelligence institutions, facilitating their growth and development.
Developing National Talent: The zone is committed to nurturing national talent in science and attracting international professionals in communication technologies.
To reach its ambitious objectives, Comtech Sharjah Free Zone has been authorized by various powers, such as:
The Comtech Sharjah Free Zone is managed by the Chairman of the Sharjah Communications Technologies Free Zone. An appointed director, chosen by the Ruler or the Council, is tasked with managing the zone's operations and making important decisions. The director has the authority to:
One of the key advantages of setting up Comtech Sharjah Free Zone is the range of exemptions and benefits offered to companies, institutions, individuals, and employees. These include:
Tax Exemptions: Businesses in the free zone are exempt from local taxes and fees, except for consumption duties, for a renewable period of 50 years.
Operational Freedom: Companies enjoy financial and administrative independence, allowing for seamless operations and growth.
Legal and Administrative Support: The SCTA provides comprehensive support, ensuring compliance with relevant laws and regulations.
Comtech Sharjah Free Zone is dedicated to advancing as a centre of innovation and technological progress. Through its strategic goals and robust support infrastructure, it provides a conducive environment for businesses to flourish. Comtech is well-positioned to draw in international talent and investments, cementing Sharjah's status as a premier technological hub, specializing in communication technologies, artificial intelligence, and upcoming innovations.
Comtech Sharjah Free Zone marks a significant stride in Sharjah's quest to emerge as a global frontrunner in communication technologies. With its prime location, comprehensive assistance, and appealing incentives, Comtech presents unmatched prospects for technology-focused enterprises and professionals. Seize the opportunity to explore the potential of Comtech Sharjah Free Zone and be part of the vanguard shaping the future of communication technologies.