Planning a business set up in Sharjah Mainland? Sharjah Mainland has become one of the most popular business destinations in the UAE because of its investor-friendly atmosphere. Companies have immense growth prospects in the region and a large number of expatriates and foreign investors are coming forward for company formation.
Over the past many years, Bizvise has been helping investors to set up their businesses in UAE. We have a deep understanding of business setup procedures in Sharjah mainland. If you want to start a business in the region and are looking for a business consultant who can assist you in company setup, then Bizvise might be the perfect choice for you. We will guide you and help you set up your dream business in Sharjah Mainland jurisdiction.
Sharjah Economic Development Department "SEDD" keeps track of businesses operating in the city of Sharjah and looks after matters pertaining to Sharjah license issuance, renewal and winding.
As a business owner, a trade license is the first formal step towards starting a Sharjah business. A business cannot be run without a permit.
The Sharjah trade license fee depends on the company ownership model, type of license, office rental agreement value and other factors. We closely work with Sharjah government departments and agencies to get the business license of your dreams.
Sharjah is one of the fastest growing Emirates of UAE. The Emirate is well connected to international airports and the ports on the west and east coasts of the Arabian Gulf. This strategic location makes it an ideal place for business setup. Sharjah is also one of the safest cities in UAE with an extremely low crime rate.
Sharjah offers unmatched opportunities for foreigners who want to invest in the region. The government and authorities understand the importance of businesses in strengthening an economy and has therefore devised policies that promote entrepreneurial culture.
Business setup in Sharjah Mainland is a quick process. But if you are not familiar with the Sharjah’s legal system, then the process can be challenging. It would be good if you can approach a professional business consulting company to help you guide through the process. Bizvise has years of experience in helping entrepreneurs setup their business in Sharjah Mainland. Our experts can assist you in business setup and get all the processes done in a hassle free manner.
Here are some of the steps you need to follow while setting up a Sharjah Mainland company:
Firstly you need to select the type of business activity. Then only you can decide the type of business license you need to obtain.
If you are a foreign investor, you will need to have a local sponsor. The sponsor must be a UAE National who serves as a partner in the company and own 51% of the company shares.
Get an MOA which is a written agreement between parties that shows they agree to work together. It needs to be notarized. Apart from that, you have to find an office space and get the lease agreement notarized.
You need to furnish all the required documents for obtaining a trade license. These documents could vary depending on your business activity.
You’ll have to pay the license fee that is needed for acquiring trade license.
You need to apply for an establishment card through the Immigration Authority. It’s just a plastic card that contains information about your company.
You must submit three different name options to authority. The name must be unique and it must not contain any indecent words. Also it mustn’t indicate God’s names in Arabic or English.
You have to get an Entry Visa and work permit from the Ministry of Labor for your employees. You must apply for this on behalf of your employees.
You must begin the process to get a valid stamped passport. This must be done by your local sponsor or partner in UAE.
You need to submit all the required forms for your name along with your company registration form to the Department of Economic Development.
After finalizing your trade name, you must register it with the Department of Economic Development. This step can be done online.
You may have to obtain other approvals from municipality depending on your business type. After paying the fees and submitting all the required documents, you will get your business license within in few days.
There are mainly 3 types of licenses available in Sharjah Mainland
If you are planning to start a business that involves a manufacturing or industrial activity, then you need to obtain an industrial license. The business activities include Manufacturing, Processing, Assembling, Packaging etc.
Companies involved in trading that includes import, export, trading, E-commerce must obtain a Commercial license.
An individual entrepreneur who provides professional services must obtain a professional license. The business activities included are Consultancy services, Event Management, Investment services etc.