Sharjah Free Zone Company Setup

Located between the Gulf of Oman and the Persian Gulf, Sharjah is the third largest emirate in the UAE. It promises great growth prospects to entrepreneurs. The investor-friendly emirate has been on the path of advancement since long. Consequently, it witnessed the arrival of numerous expats with entrepreneurial dreams. Sharjah Free Zone company setup has been the prime choice of immigrants and residents. 

Unfussy policies, easy processes, and quick company formation formalities make Sharjah Free Zone the ideal jurisdiction for business setup. Kiltons has been fortunate to support businessmen across the globe for establishing an entity in the domain.  

Are you planning to set up a business in the Sharjah Free Zone? Talk to us now.

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Frequently asked questions on Sharjah Free Zone Company Setup

  • What is the minimum capital investment requirement for business setup in Sharjah Free Zone?
    • It will depend on the type of business you want to establish and the license you seek. Reach out to us to have a detailed idea about capital requirements.

  • Is there any restriction on currency transactions in the Sharjah Free Zone?
    • Sharjah Free Zone doesn’t have any restriction on currency transactions.
  • How much is the corporate and personal tax to pay in Sharjah Free Zone?
    • There are no corporate or personal taxes in Sharjah Free Zone.
  • Is the company license in Sharjah Free Zone needs renewal?
    • Yes, the company license has to be renewed annually.
  • What is the cost for renewal of license?
    • The renewal cost will depend on the type of license and package you opted. Talk to our team today to get a broad idea about the renewal process and other details.
  • Which are the types of licenses available in Sharjah Free Zone?
    • There are three types of licenses available, viz. Trading, Commercial and Professional. Choose the one according to the type of business activity you are planning.

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Benefits of Business Setup in Sharjah Free Zone

Exceptional advantages await Sharjah free zone company formation. The benefits offered by this jurisdiction help you to reap the best outcome and grow extensively in a short time itself. 

The benefits of Sharjah free zone company formation include:

- Multi-currency transaction

- 100% repatriation of capital and profit

- No import or export duties

- Quick business setup formalities

- 24-hour licensing support

- Complete confidentiality

- Hiring and leasing rates are less than most of the other domains

- Closely located to ports and an international airport, helping easy transportation of goods to international markets

- Exempted from corporate and personal tax

- Energy costs are less

- Abundant warehousing facility available

- Cheap labour charges

Business Setup Requirements & Procedure in Sharjah Free Zone 

You must finalize the type of business activity and the license you require before you commence the process for Sharjah free zone company formation. There are three types of licenses are available in the jurisdiction:

- Trading License

- Commercial License

- Professional License

Our professionals will help you ascertain the benefits of different types of business activities that are advantageous. And aid you in obtaining a license for the same. 

The basic requirements for Sharjah free zone company formation:

- Recognizing your field of business and choosing the license for the same

- Finalizing the company name according to the specifications promulgated by the authority

- Formulating the business setup plan

- Undertaking initial setup and licensing process, which include preparation of legal structure and investment of capital funds to the bank

- Business registration process

The procedure for Sharjah Free Zone business setup is:

Gaining Initial Approval – This will necessitate submission of duly filled application form with all the requisite documents to the authority. The documents to be submitted include:

- Copy of passport of the owner, shareholders, designated managers and directors

- Passport size photographs of responsible persons

- Legal structure

- Business plan

- Documents indicating the qualification and experience of the individuals

- Audited financial report for 2 years for the corporate firm planning Sharjah free zone company formation

Company Registration Formalities – You will have to register the business setup in Sharjah Free Zone. The company registration could be complete by submitting the following documents to the authority.

- Notarized Memorandum of Association (MOA)

- Notarized Article of Association (AOA)

- Board resolution with the appointment of personnel for the top positions including Manager and General Manager

- Info and document indicating the capital share

Obtain Trading License – Apply for a license after completing the above-mentioned formalities. You can get the license without any delay if the documents are correct and you have followed the process. 

Setup Sharjah Free Zone Company With Kiltons

Setting up a company in Sharjah Free Zone becomes easier with professional support from our expert team. We have been renowned for providing optimal support from the initial stage to starting fruitful business operations in the jurisdiction. Established in 1999, we have been one of the key players in Sharjah Free zone Business setup. Kiltons has helped countless expatriates and residents to realize their entrepreneurial dreams. 

Having more than two decades of experience in the field, we would be the right business to set up services for company formation in Sharjah Free Zone. Our timely guidance, comprehensive support and the all-encompassing process will be the mainstay in your success journey. 

Are you thinking of entering the business arena in the UAE? Are you planning for a Sharjah Free zone company setup ?

Reach out to us now.

Seek expert advice from our experienced professionals.
Call +971 522 407 111