Sharjah Free Zone Company Formation in UAE

Establishing a business in Sharjah Free Zone is a strategic choice for new ventures or expansions. Positioned as a logistics and maritime hub, Sharjah Free Zone facilitates trade, meeting investor requirements. With affordable options, well-developed infrastructure, low rents, and business-friendly benefits like 100% foreign ownership and tax exemptions, Sharjah Free Zone is an attractive option for company formation. BMS is your expert guide for seamless business setup, providing comprehensive assistance in navigating the processes within the Free Zones of the UAE.

Consult with Company Setup Consultants to embark on the right path for your business in Sharjah Free Zone!

Now, let’s delve into the intricacies of setting up a business in Sharjah Free Zone.

Logistics and Maritime Trading Hub

Sharjah Airport International Free Zone (SAIF zone) supports your business in many ways starting from a 24-hour Licensing service to guarantee a fast and easy process, offering various options for office space or even entire manufacturing facilities, to everything in between.

sharjah freezone company setup

Most Suitable Locations For Sharjah Company Formation Services

Sharjah Media City Free zone

Shams free zone offers you the option of enjoying the benefits of a free zone company at the lowest cost possible. It provides all needed services and support, for creative and media companies along side many other business fields. Some of the other  advantages are; no annual audit hassle, free transfer of funds, import and export duties exemption, full ownership, full repatriation of capital and profits.

To establish a presence in SHAMS, a minimum of one shareholder is required.

Sharjah publishing city

Sharjah Publishing City Free Zone

Explore the advantages of Sharjah Publishing City Free Zone situated on Sheikh Mohammed Bin Zayed Road, just minutes from Sharjah International Airport. Designed as a hub for thriving publishing businesses, this free zone offers co-working spaces, retail chains, commercial offices, and storage services. For seamless business setup in Sharjah Publishing City Free Zone, turn to CSC – your trusted partner in the publishing industry.

Sharjah Airport International Free zone

Referred to as SAIF Zone, the Sharjah Airport International Free Zone stands as a prominent Free Zone in the UAE. With perks like foreign ownership, a strategic location abundant in resources, global networking, and tax advantages, it is a top choice for business opportunities. While Sharjah is renowned for industrial activities, SAIF Zone caters to diverse businesses beyond just manufacturing, making it a versatile and advantageous business hub.

Sharjah Airport International Free Zone (SAIF) Overview

Sharjah Airport International Free Zone is one of the oldest and most prestigious free zones in the UAE. Currently, it houses more than 5500 companies including big names in the manufacturing, trading, IT, and media sectors. This provides a huge opportunity for new entrants to the market, as they can network and collaborate with other businesses. As the name suggests, a Sharjah Free Zone business setup gets access to the Sharjah International Airport. Businesses here can also access the Arabian Gulf from Port Khor Fakkan and the Indian Ocean from Port Khalid, which are seaports within close proximity to SAIF.

Sharjah Free Zone Company Setup

Advantages of Sharjah Free Zone Company Formation

A new business setup in Sharjah Free Zone gets all the lucrative incentives from the authorities here. As the government is trying to improve the non-oil economy of the region, businesses here get reliable and cost-effective solutions to their problems. The ease of doing business is one of the main attractions of the SAIF Zone, as there are no complicated regulations or red flags for new market entrants.

Here is a brief list of the benefits you can expect to receive with a free zone company setup in Sharjah:

  • 100% ownership for foreigners.
  • 100% exemption from corporate and personal income taxes.
  • 100% exemption from import and export duties.
  • 100% repatriation of profits and capital from your business.
  • Affordable business setup and service fees.
  • Access to Arabian Gulf, Indian Ocean, and international airspace.
  • Access to skilled professionals for specialized sectors.
  • Access to unlimited cheap labor for industrial sectors.
  • Access to an affordable and reliable supply of energy.
  • State-of-the-art office equipment.
  • State-of-the-art office spaces.
  • Ability to sponsor visas for foreign employees.

Along with these benefits, there are additional advantages of company formation with the help of experienced consultants. Company Setup has close ties with the SAIF Zone, and our consultants are constantly working with the authorities there. We can help you get started in Sharjah within 24 hours.

Sharjah Free Zone Company Setup

Business License for Free Zone Company Setup Sharjah

Sharjah Airport International Free Zone provides four types of licenses that cover all the business activities that are allowed within the free zone. These are the four types of licenses available for freezone business setup Sharjah:
Industrial License

Industrial license will allow you to import raw materials and process them. You will also be able to manufacture, assemble, package, and then export the finished products anywhere in the world. While you can only process, manufacture, assemble, and package the product within the free zone with this license.

You can import raw materials from and export the final product to any country of your choice.

General Trading License

General trading license allows you to carry out a vast majority of the trading activities within the free zone. However, you cannot perform all of them with one standalone license. You have to specify which activities you want to perform when applying for the license. When you receive the license, you can only perform those specified activities even if you change your mind later on. However, you can reapply for additional business activities in the future.

Commercial License

Commercial license will allow you to import, export, distribute, consolidate, and store products that are allowed within the free zone. You can perform these activities freely within the SAIF Zone after you have received this license. These activities can be performed for three products, which you need to specify when applying for this license from the authorities.

Professional License

Professional license allows you to provide specialized services within the free zone. These services include activities that require a skilled professional to perform. Even if you are not going to provide these services by yourself, you can hire skilled workers and sell their services. You need to specify which services you mean to provide when applying for the license.

Company Structures in SAIF Zone

When incorporating your business in the Sharjah Free Zone, you need to select from one of these company types:
Local Branch

If your company already exists somewhere else within the UAE, you can open a local branch in the SAIF Zone. Similarly, the name of your branch will be the same as the name of your parent company in the UAE.

Free Zone Company

If two or more people want to incorporate a business in Sharjah Free Zone, then they need to open a Free Zone Company. The maximum number of shareholders is five. However, you can get special approval from SAIF to allow up to seven shareholders.

Free Zone Establishment

If you want to be the sole owner of your business in Sharjah Free Zone, then you need to incorporate a Free Zone Establishment. Your liability will be limited to the capital you invest in the business in the SAIF Zone, so your personal belongings will be safe in case of bankruptcy.

Foreign Branch

If your company already exists outside the UAE, the best option for you is to open a branch in the SAIF Zone. The name of the branch you open in Sharjah Airport International Free Zone will be the same as the parent company of your business.

Documents Required for Business Setup in Sharjah Free Zone

Documents Required for Business Setup in Sharjah Free Zone
  1. Application form
  2. Copy of trade license
  3. Passport copies of shareholders
  4. 2 years’ audited financial report
  5. NOC

Steps to Start a Business in Sharjah Free Zone

Business Setup in Sharjah Free Zone is a seamless process with the assistance of a business setup consultancy firm like ours in the UAE. Here are the steps involved in setting up a business in Sharjah Free Zone:

  1. Select the Appropriate Free Zone:
    • Understand your business nature and choose a suitable Free Zone.
  2. Develop an Effective Business Plan:
    • Prepare a robust business plan that encapsulates your company’s vision.
  3. Choose an Apt Trade Name:
    • Select a name for your company that aligns with the business activity and hasn’t been used before.
  4. Complete Licensing Process and Business Registrations:
    • Finalize the business setup by obtaining necessary licenses, ensuring shareholders sign relevant documents, and submitting required paperwork.

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