Blog

1Feb2022

Why setting up your Company in Oman Free Zones

There has been a favorite spot to start a business in Oman by international investors, due to their availability of Free zones. If you like to expand your businesses in Oman, you can choose Oman's free zones. Here's the guide to give you a complete overview of company formation in Oman's free zones. Companies that are under special economic zones and Free zones of Oman can benefit the tax exemptions and commercial incentives like 100% foreign ownership. Recently, Oman has had free zones like Sohar Free Zone, Salalah Free Zone and Al Mazunah Free Zone and special economic zones like Knowledge Oasis Muscat and Duqm Special Muscat with the intention to attract several businesses of Oman. Every zone has their own incentives.

Salalah Free Zone

They're located in the south of Oman. It attracts investors of logistics, industrial estate and mixed-use developments. Salalah Free Zone has 100% foreign company ownership and the Omanisation rate of 20%. They have zero custom duties and the 30-year tax holiday. Investors don't have to meet the minimum share capital to incorporate there.

Sohar Free Zones And Port

It is near the Sohar Industrial Estate and Port of Sohar. They support investors in logistics, steel and metal also in food sectors. Investors can incorporate companies like trade activities for setting up their business. Companies under the Sohar Free Zone have exemptions of custom duties like imports and a minimum share capital requirement. Share capital is declared for Sohar Free Zone in investors' application has to be deposited in the company's bank statement. Omanisation gets reduced upto 15% for the 10 years from the incorporation date and Sohar Free Zone companies can have a 25-year tax holiday.

Al Mazunah Free Zone

They're in the South of Oman near Yemen. It encourages investors in the food processing, warehousing and industrial sectors. Sohar Free Zones' companies are incorporated in Al Mazunah Free Zone that are exempted from custom duties of imports or the minimal capital requirements. Investors can have a 30-year tax holiday and relaxing Omanisation rates of nearly 20%. Yemeni nationals can work in the Free Zone without the work visa or permit.

Duqm Special Economic Zone

Duqm has an internationally renowned key hub and gateway of South Asia, Middle East, East and North Africa. They have a dry dock, fishing port, industrial estates, fisheries industries, tourism, logistics and mixed-use developments. Investors get a relaxing Omanisation rate of 25%. Plus, no custom duties, minimum share capital and 30-year income tax exemption. Investors have competitive land lease rates at Duqm Special Economic Zones.

Knowledge Oasis Muscat Economic Zone

Economic Zones can attract investors to incorporate IT service companies of Oman. These investors have reduced Omanisation rates like 25%, rather than Special and Free Economic Zones of Oman.

business-setup-in-Al-Mazunah-Free-Zone-Oman

31Jan2022

Business, Business Setup, company, company formation, Oman

Business Setup / Company Formation in Al-Mazunah Free Zone Oman

Al-Mazunah free zones are located in the Dhofar region of the South-West of Oman that covers an area of 4,500,000 sqm.

Free zone of Al-Mazunah has been one of the free zones in Oman, attracting millions of expats to set up their business in Oman.

The free zone commenced in the year of 1999 and has seen top growth in the business establishment count. It attracts the business investors to deal with light industry and trading.

The Sultanate of Oman has aimed to build Oman as the investment platform to attract more business investors globally.

There is an increasing demand for investors to start various investment grounds in Oman and follow the benefits of that region.

Investment Opportunities In Al-Mazunah

Al-Mazunah has investment opportunities like

Commercial Sector that stores and trades cars, goods, fruits, spare parts, machine equipment and vegetables.
The Light Industrial Sector has plastic, foodstuffs, and clothes.
The Assistance Service Sector has restaurants, transport, translation office, distribution and clearing, fax and printing.

If you're an investor or businessman, who looks to expand your business in the same industry, you can choose the Al-Mazunah Free Zone.

Benefits To Set Up A Company In Al-Mazunah

You can set up a company in Al-Mazunah Zone and have benefits like:

100% foreign ownership
A well-built communication network
Initial Tax-Free Zones
No Personal Income Tax
No minimum capital required

The nationals of Oman can work without work permits or visas.

Ways To Set Up A Company In Al-Mazunah

You must follow a few steps to start a company in Al-Mazunah. They are:

Submit Application

You'll have to submit the online application for company incorporation. Some details are fetched from the Al-Mazunah Free Zone website. If submitted, the officials can review the same.

After reviewing, you'll have to get the business entity registered with the Chamber of Commerce in Al-Mazunah.

If registered with COC, you'll get the entry registered at Municipality and receive their certificate. Few essentials has to be provided like:

Letter of Intent
Detailed Business Plan
Company Profile
Company Registration Document
Company’s Financial Report
Tenancy
Industrial and Environmental Approval
Industry Production
Chamber Of Commerce Membership

Benefits Of Al-Mazunah Free Zone

Green parking Zones
Commercial Mall
Warehouses
Administrative Centers

30Jan2022

Business Setup, Free Zone

Company Registration Process in JAFZA

JAFZA was founded in 1985, from that time, it has been host to largest UAE corporations and enterprises. Above 50% of exports and over 20% of foreign investment in Dubai come from Jebel Ali Free Zone, which has a competitive market centre with tremendous significance.

Now almost 69 billion dollars in exchange is worth in Jebel Ali Free Zone. Located in the Port of Jebel Ali, JAFZA is closer to the world's largest port, linked to all seaports globally. They handle 15 million containers through 170 shipping routes every year.

Benefits Of Business Set Up In JAFZA

Setting up a company in JAFZA gives plenty of advantages to business owners. Jebel Ali Free Zone has a geographical positioning, where Al Maktoum Freight Airport and Dubai International Airport are closer, they have connections to many markets worldwide.

The single customs service links these both airports as provided by the Jebel Ali Free Zone, giving hassle-free air cargo operation. Blackswan help you in Company Registration Process in JAFZA you can just fill up the form below and request a quote.

Other Benefits Like:

Presence of business parks, fully furnished offices, showrooms, warehouses and traders market.
Zero personal income tax, corporate tax, and re-import or import duties.
Supply of electricity and availability at low cost
Repatriation of capital and profit
Can hire foreign employees
Free of VAT
No currency restrictions

JAFZA Facilities

Home to almost 7,000 companies from 150 countries over the world, Jebel Ali free zone has a wide range of facilities to their inhabitants.

Their facilities include:

On-site residence for employees living in the Jebel Ali Free Zone
Customized development solutions like flexibility of investors on flexi-desk
JAFZA One- A kind of commercial complex
Retail spaces and outlets
Business Park
Warehouses
Workstations
Showrooms
Offices

JAFZA Activity List

While setting up a company in JAFZA, they have enormous business activities and flexibility.

Some of the popular options are:

Waste Management
Project Management
Trading Activities
Freight Forwarding
Hospitality Services
Sea Cargo Service
Tobacco Trading
Ship Chartering
Consultancy
Manufacturing
Training
Transport

Blackswan help you in Company Registration Process in JAFZA you can just fill up the form below and request a quote.

JAFZA Company Set Up Process

Process of the formation of JAFZA company is easy and straightforward. You must determine the form of company to set up. The application work and documentation are dependent on the company's type. Your business can run in 10 days and all procedures can be completed.

Company Setup In JAFZA has the following types:

Free Zone Establishment

They consist of the single shareholder in Jebel Ali Free Zone. A corporation or individual can have the shareholder. They'll have a limited liability partnership where the shareholders' liability is limited to FZE.

Branch Office Of A Company in JAFZA

The branches inside JAFZA are established by companies founded outside of JAFZA with valid license and registration. Parent corporation has complete control on their branch and they'll perform the same activity.

JAFZA Free Zone Company

The Free Zone Company in Jebel Ali Free Zone has the minimum of 2 and maximum of 50 shareholders. The shareholders can be companies, individuals, or a blend of these both.

Non-Resident Offshore Company

As per the JAFZA Companies Regulations Act of 2013, an offshore company is formed by a company or an individual. They have a non-resident company with corporate legal existence.

Documents Needed For JAFZA Company Formation

Letter of undertaking of Environment Health and Safety and Application form
Current sponsors' no-obligation letter of each UAE resident shareholder
Copy and originals of passports of individual shareholders
Copy and original of passport of a selected manager

Application Form Of JAFZA Free Zone Company Set Up

Summary of project
Documents of individual shareholders
Business profile of the shareholder
Board resolution of company setup
Documents of Corporate
Branch of the Foreign Company
Official letter from the parent company to set up the branch
Notarized and Attested MOA & Articles Of Association
Attested sign of the manager specimen by the Jebel Ali Free Zone Authority
Certificate of Registration
Chamber of Commerce certificate copy

If the documents are processed, the initial permit for the company is given to you. Then you have to pick up the ready-made office from JAFZA that can fit for your company requirements. You have to get help from the business setup specialist. Leasing arrangements prepared when office space is finalized. Then on completion you will receive the office keys. Blackswan help you in Company Registration Process in JAFZA you can call us or just fill up the form below and request a quote.

License Costs Of JAFZA Free Zone

Jebel Ali Free Zone has four kinds of licenses like:

General Trading
Industrial and Trading License
Service License
Logistics License

Two types of trading and industrial licenses. It depends on the number of operations that come under a license:

Type 1: has the maximum of 7 products of the same group.

Type 2: has the maximum of 12 products from the same group.

JAFZA license depends on the license that your business applies for, different license charges are:

License AED of 8,00 as annual fees service.

Industrial and Trading License:

Type 1 - seven products of same group - AED 5,500

Type 2- twelve products of the same group - AED 9,000

Logistics License - AED 30,000

The fee for company registration is AED 10,000.

JAFZA Company Setup Cost

Overall company set up cost at Jebel Ali Free Zone is reasonable if compared to other free zones.

One time company registration fee:

Free zone company- 15,000 AED
Free zone establishment- 10,000 AED
Branch Office of the company - 5,000 AED

30Jan2022

Business Setup, Oman

Company Registration Process In Oman

The Oman mainland company is also said to be an onshore company. Business entities can conduct business activities both outside and inside of their region. The Sultanate has opportunities to establish the oman free zone and mainland companies in their arena. Let's take a look at the needs of different corporate structures.

Free Zones in Oman for Registration

Business Entities In Oman for Company Registration

Various company structures / Business Entities have been offered in Oman. You must understand the difference of structure types and models of Oman and make informed decisions based on ownership conditions, needs and requirements to setup business in Oman. Listed below re the corporate structure in Oman for company incorporation.

General Partnership
Limited Partnership
Limited Liability Company (LLC)
Joint Venture
Joint Stock Companies
Holding Company
Branch Office
Representative Office

Documents required for Oman Company Registration

Given below are the list of documents required for company registration in Oman.

Memorandum of Association
Articles of Association
Information of Shareholders and Visas
Tax Registration Certificate
Identity Card of Shareholders
Certificate of Initial Deposit
Filed Company Registration Form
Industry Affiliation & Chamber of Commerce Certificate

Steps to Register your Business in Oman

Fix a name for your company
Do an initial deposit, after their approval
Apply to get a business license
Submission of documents to the Tax branch of the Finance Ministry
Get a Municipality license
Register your company with Royal Oman Police mandate
Registration with the Ministry of Manpower Oman
Get the organization seal with organization name and logo
Visa application
Open an account in a corporate account

Get the help of business consultants to form Oman company in a fast and hassle-free way.

Benefits Of Oman's Company Formation

Stable currency
Political stability
Free transfer of profits and capitals
Free import of machinery and capital for industrial purpose
Well regulated stock exchange
Complete tax exemption for navigation companies
Open market and free trade policy
Multiple countries holding double tax treaties
Repatriation of profits and capitals

26Jan2022

Business, company, dubai, Free Zone, How To

Company Incorporation Process in DMCC

DMCC is the centre of Global Trade. They are for investors and entrepreneurs who like to expand in the Middle East region. They offer different kinds of licenses for sectors of commodities, diamond, trading activities, gold, steel and precious stones. Looking for company incorporation in DMCC Free zone Dubai ? Blackswan swan can help you in Company registration in DMCC . You can read the step by step process involved in setting up of business & company formation in DMCC.

Dubai is considered as the preferred destination for the global commodities trade, also DMCC is the world's number one free zone.

Type of Licenses Available in DMCC

Service License- permits service providers production, transformation, re-production and distribution of services.
Industrial License- licensee can import raw materials, manufacture, production, package, and export.
General Trading License- AED of 1 million share capital is needed, who like to export, import, distribute, and warehouse goods.
Trading License- export, import, consolidate, distribute,warehouse and storage of goods.

Cost Of Licenses in DMCC

Starting prices:

Trading & Service License- AED 20, 265
Business Center- AED 50, 265
General Trading License- AED 50, 265

Documents Required to Setup Business in DMCC

Submit the Initial Inquiry with DMCC
Set up username and password (portal registration)
Upload documents through DMCC portal (application for activity, name, and get CID approval)
Verify uploaded documents and for pre-approval
Submit original documents and payment of license fees, registration and MoA
Verify attested or original documents for company registration
Bank Account Opening Letter and issuance of provisional approval
Licensing
Issuance of corporate documents and license
Post-licensing requirements

Output

Trade License
Articles Of Association
Certificate Of Registration
Share Certificate
Memorandum Of Association

Visa Procedure in DMCC Free Zone

Application for Entry Permit or Employment Visa
Deposit a fund if the portal account is active (visa fees and bank guarantee)
The company should initiate the EVEP application online and upload the requirements.

Applicant- share certificate, passport, colored photo, information like religion, mother's name, civil status, father's name, place of birth, contact number, home country address, and educational attainment.

Company- the copy of company trade license.

Issuance and approval of EVEP valid for 60 days
Applicant's entry in the UAE before the visa expiration
Medical exam by an accredited government
Submit the requirements for visa processing

Applicant- passport, passport sized colored photos, EVEP (employment visa entry permit), medical report, educational certificate notarized by the notary public, new employment contract form, and emirates ID application form with EIDA stamp.

Company- Original license, share certificate, residence visa stamping, and personnel secondment agreement.

Key Benefits of Company formation In DMCC

Can purchase premises
Zero foreign exchange controls
Complete capital repatriation
Complete business ownership
Sole shareholders
Reasonably priced licensing
Corporate bank account setup with ease
Their strategic location and close to industries and ports.

How-to-do-Company-Incorporation-Registration-In-Dafza

25Jan2022

Business, company, dubai, How To

How to do Company Incorporation / Registration In Dafza

The freezone of Dubai’s Airport was established in the year of 1996. They have a dynamic business hub situated at the heart of global trade.

Benefited from the direct access to the world's most business international airport, Dubai Airport Free Zone has the ideal gateway to the unrivalled connectivity to Europe, Middle East, Far East and to the Indian Subcontinent.

Dubai Airport Free Zone is home to above 1,800 registered businesses from 20+ sectors and industries with 18,000 professionals, benefiting from total ownership, world-class facilities, and the repatriation of earnings.

DAFZ is announced to designate a freezone with the best incentive package to investors. Located near the boundaries of Dubai International Airport, DAFZ has a variety of modern facilities with best class infrastructure and the gateway to connect markets in Europe, Middle East, Africa, and the rest of Asia.

Office space and warehouse is provided to foreign companies as a complete ownership in the tax free environment of Dubai Airport Free Zone.

DAFZ presents opportunities to organizations to set up in Dubai with facilitated procedures and to begin activities within a few days.

Located in the heart of Dubai, DAFZ has the proud position of being a business hub of the Middle East and Gulf. Plus, Dubai’s geographical location gives access to create markets with over 1.5 billion customers to incorporate the member states of Arab nations, Gulf Cooperation Council, Africa, Europe, Asia and Commonwealth of Independent States.

Business Licenses of DAFZA

Investors can have six kinds of business licenses. They are:

Trade License: can conduct trading activities. Export, import, distribution, re-export, and storage of specific products.

Service License: used for service cantered businesses, for example: IT Services.

Industrial License: can carry out industrial and light manufacturing, assembling, and packaging.

E-commerce License: can trade services and goods on the internet.

General Trading License: can trade general items like export, import, storage, re-export, and distribution.

Dual License with DED: permits DAFZA companies to apply for the DED license without any physical office space in the mainland.

For Dual License And Service License: must consult with the registered agent and facilitate the selection of the right category.

Companies In Dubai Airport Freezone

Free Zone Company (FZCO) - has a minimum of one shareholder and the maximum of 50, either as non-individual or individual.

Subsidiary/Branch- A subsidiary office of the existing company where the foreign company set up a branch of its existing company in a free zone.

DAFZA Industrial Park

It has the new industrial freezone in DAFZA. They are strategically located to the DAFZA's existing facilities nearby Dubai International Airport. It has the flexibility to expand and has a world-class infrastructure.

Features Of Industrial Park (DAFZA)

Fast operational efficiency
Industrial units
Flexible units from 312 upto 50% of floor area
Model of multi-client warehousing
Availability to suit business size
Zero operational hassles
DAFZA's world class expertise
Ideal for warehousing, logistics, and distribution facilities

Light Industrial Units

It has a high quality thermal insulated build units for distribution and storage purposes. They are used for light-duty production and assembly.

Specifications

Visa quota- visas for 20 employee
Area- 350 sqm
Office- has mezzanine and ground floor offices of 90 sqm

DAFZA DUBAI ACTIVITIES

Industrial License
Trading License
Ecommerce License
General trading License
Service License
Dual license with DED

Activities spread in various sectors like:

Investment
Aircraft and Spacecraft
Insurance
Legal Services
Crude Petrol, natural gas and oil
Architectural and engineering activities
Technical consultancy
Business and management consultancy
Travel Agent
Shipping, transport, and storage
Metal Ores and metals
Chemical
Building Materials
Waste Trading
Machines and Equipment

The freezone launched a new daughter zone known as Dubai Commercity, that focuses on e-commerce businesses.

Dropshipping business will be accessible in the near future. This makes trading through DAFZA highly convenient and competitive.

Set Up Cost Of Dubai Airport Free Zone Company

It is not cheaper to form a company in Dubai Airport Free Zone, but we have affordable packages to offer.

The cost-efficient setup can be the company with a smart desk. It costs 34, 655 AED with the license.

Other types of Licenses can cost 15,000 AED for business activs. The DAFZ company set up cost is the same cost as any Dubai freezone company formation.

how-to-get-e-commerce-license-in-dubai-commerce-city-setup-business

12Jan2022

Business, Business Setup, dubai, E-Commerce, How To, License

How to get E-Commerce License in Dubai Commerce City & Setup Business

Dubai Commerce City Free Zone has been the New eCommerce Centre of UAE. They're the dedicated Free Zone for companies like eCommerce that structures the ecosystem to sustain the growing network in the Middle East and North Africa region. The ongoing and new enterprises have a free zone that has a one-commerce licensing mecca with e-commerce rosters, customized company conformations that results in a touch of a button. They are designed for the operation process and gives the personalized client care. Dubai Commerce City is the perfect spot to start the eCommerce business. The state-of-the-art technology brings the business sector to boom. This in future boosts employment opportunities of the business ecosystem. Nowadays, the business opportunities of the Middle East are on rise. Individuals choosing an eCommerce business setup in Dubai may turn to Dubai Commerce City. Their strategic location plays an essential role to fulfill the business needs. Businesses connect with the audience to deliver good results. The eCommerce sector has been booming and plays the role of accessing everything. Business shifts from offline to online market. This leads to more popularity in the eCommerce sector. Dubai’s e-commerce sector grows due to a huge success in the eCommerce sector. Online sectors can target the maximum number of people through it. As per the reports, the eCommerce sector is around 1 billion. So, starting an online business can give you huge opportunities.

E-commerce License

You have to follow rules to get an eCommerce license in Dubai. Contact our professionals to get an eCommerce license easily. Dubai's law is quite strict. Hence, the authorities will never allow a business to start if the paperwork isn’t done. The Department of Economic Development can provide e-commerce licenses in Dubai. It is essential to get a license before starting any businesses in Dubai. They play an essential role to conduct the business legally. If you like to start your online business and have no other better place than Commerce city, it is valid to set up your business there.

Reasons To Set Up Your E-commerce Business In Dubai

Easy and quick company registration
Best centralized CRM solution for a good customer experience
Tools for e-commerce business management can be available
Business support services availability
E-commerce platforms can integrate with different business solutions.

Types Of Dubai’s e-Commerce Licenses

Authorities of Dubai provide licenses for e-commerce business functioning. You have the flexibility to get your license based on your nationality and business activity.

Portal License

Non-UAE nationals may apply to obtain a portal license. You can start a business in the UAE to link sellers and buyers. Research the pricing before applying for a portal license. The price of a portal license may differ based on the business needs.

E-trader license

As per the portal license, businesses selling their products online can apply for an e-trader license. DED issues for the e-trader license. It is obtained through GCC and UAE nationals. You get an e-trader license if you have the ownership. E-trader license cannot help with physical shop requirements.

Virtual Company License

Dubai’s economy launches a virtual company license program for promoting businesses. This is mandatory for overseas investors and foreign residents. Foreign residents can participate in commercial activities for online business. Sectors which can do businesses with a virtual company license are designing, computer programming and advertising. Clusters that determines the success of online businesses are:

Logistics - They have 105 warehouses made with latest technologies
Business - can promote constant engagement to business sectors
Social- It determines the success of business in Dubai.
Commerce City- has components that have exhibition halls, art galleries and restaurants.

Obtaining an eCommerce license is easy through the process. You have to apply to the authorities with needed documents. Authorities can take upto one week for a license. After the license, you can conduct the business in Dubai.

Legal structure for business in Dubai Commerce City like limited liability and branch office
License application at the DED or Dubai’s Commerce City
Choose an appropriate trading name
Submit the license application and fees
Authority must get an initial approval certification
Draft of MOA and local service agent agreement
Wait for approval
Open the bank account for transactions

Blackswan can help you in getting eCommerce license and setup your business in Dubai, UAE, Fillup the form below to request a quote or Call us

28Dec2021

Business, company, Oman

Company Incorporation Process in Oman

The Omani government proceeds with the nation's development and has multiple steps for foreign expats to seek the attention of foreign investors.

Free Zones in Oman

Corporate Structures in Oman

Fix A Trade Name

A trade name is related to business and has to be unique. You must decide a name and submit the application to MCI (Ministry of Commerce and Industry).

Document Submission Of Incorporation

Necessary documents are submitted in the initial stage for initiating the incorporation process. Essential documents are:

Memorandum and Articles of Association
Shareholders Passports and Visas
Id of Shareholders
Initial Deposit Certificate
Company Registration Form Filed
Certificate for Chamber of Commerce and Industry Affiliation

Opening Of Capital Account

If documents are submitted, the capital account has to be opened to deposit an initial incorporation fee.

Registration With The Chamber Of Commerce

You have to register with the Oman's Chamber of Commerce & Industry to comply with commercial rules and regulations needed for corporations in Oman.

Business Registration

You must submit the essentials like

Municipality approval
Share Capital Certificate
Legalized Opening Forms

Post-Incorporation Process in Oman

Visa Application: After the incorporation process, you have to apply for visa services for your employees. Talk with visa consultants to get visa services at a faster pace. Employee Registration: Employees should acknowledge the part of the business entity and must register the employees under the company name. Conversion Of Bank Account: Business capital account has to be converted to current account to ease the successful business transactions.

16Dec2021

Business, Business Setup

Business Setup In Sharjah

Sharjah is the economical alternative to Dubai to set up a business in the proximity of International Airport and ports of East and West coast of Arabian Gulf.

Sharjah has been the safest global city with an enormous economic energy supply. Judicial system of Sharjah is fair, the economy is liberal with property lease rates and competitive fee structures.

Company Incorporation In Sharjah

Sharjah has a growing economic expansion and rewarding industrial destinations to bring foreign investment.

The Government of Sharjah knows the significance of service, trade and manufacturing sectors to support the country's economy. They have devised policies to promote foreign investments.

Flexible government schemes play an essential role to gain global investors. They're speedy and have continued to be an economic majority in the Emirate.

The business growth trend of Sharjah is precise and is maintained with world economic ties that have friendly trading connections with various nations of the world.

There is a pathway to set up a business in Sharjah that builds customer relations, long-term contracts and get continuous trade orders in the U.A.E.

Sharjah has no income or corporate tax, hence its a tax haven. They have a modern legal framework and zero foreign exchange controls, quotas or trade barriers. They get sundry incentives by the Government of Sharjah as investors.

Sharjah has a complete international company ownership. They are exempted for import, export taxes and other commercial levies. They've 100% repatriation of capital and profits.

Sharjah gets provision for warehousing facilities and investors could store goods for 2 months for free. Multiple foreign and local banks are present with an advanced communication system.

Business Jurisdictions In Sharjah

Launched in the year of 2009, Shurooq - Sharjah Investment and Development Authority is an autonomous government body that focuses on Development, Asset and Property Management and Investments in Emirates.

They look over the economic, social, cultural and environmental development of Sharjah, being in line with Islamic values.

Expatriates can choose from two criteria for business jurisdictions in Sharjah like Free Zone or Mainland.

Free Zone in Sharjah International Airport (SAIF Zone)

Founded in 1885 at the Emirate of Sharjah, SAIF Zone is UAE's industrial powerhouse and one of the premier business destinations.

More than 4,500 companies like Professional firms, Industrial and Commercial companies are housed by SAIF-Zone across 91 countries.

USA Regional Trade Center (USARTC)

Founded in 2011 as Sharjah's objective to be a hub for foreign trade and be the investment-driven economy.

USARTC provides small and medium sized Enterprises to commercially improve and trade in the North Africa and Middle East region.

They help S.M.Es to enter the market and make their presence in the United Arab Emirates.

Hamriyah Free Zone

It can enable foreign nationals with 100% business ownership and set up the business in the tax-free climate with repatriation of profits and capitals, also commercial tax exemptions.

Based on the shareholding, two kinds of companies can be set up at Hamriyah Free Zone.

Free Zone Establishment - They have a single shareholder for limited liability company setup.

Free Zone Company - They have comparable shareholders for limited liability companies to set up a business with multiple shareholders of 5 or less.

Sharjah Publishing City

They have an exclusive free zone for publishing and printing. Sharjah Publishing City has the unique free zone with attractive targets for book lovers and publishers. They cover a landscape of 400,000 sq.metres with office space facilities and warehousing for company owners.

Sharjah Media City

They have a free zone known as Shams Sharjah Media City. It was launched in January 2017 to be the world-class hub for the creativity and media sector.

Sharjah Research Technology & Innovation Park

This free zone is associated with government, private business and educational institutes. It bridges the gap of marketplace and ideas. They have an atmosphere for modernization and creativity by high-tech services and top-notch infrastructure.

Mainland Company Sharjah

Businesses can choose the mainland for covering the geographical regions of U.A.E. They have developed economic regions of Sharjah that have regularized statutory policies. We can help you set up your business with legal formalities in the mainland.

15Dec2021

company, company formation

Company Formation in Sharjah

Sharjah is the safest city of the world that has abundance in cheap energy. Their economy is liberal with property lease rates and competitive fee structures. They have the presence of highly qualified and consummate men with economical and bilingual skills.

Protocol for Business Setup in Sharjah

You have to decide the type of economy for your business. Get a local sponsor, then choose the legal form for business. Submit the application for company registration with the company name to the DED. File your company's document with the DED to get a trade license at the Chamber of Commerce and Industry. Trade name of the company must be registered to get the initial approval. Get approval for inspection of the location from the Municipality. Obtain the Memorandum of Association and company's lease agreement signed by the public notary. Get the payment voucher issued by submitting the required documents. Pay the license fee and complete the licensing requirements to get the trade license issued. Get approval from the Name Board and apply for the establishment card. Approval is needed to hire the employee from the Ministry of Labour. You have to get stamped on your visa from the Immigration Department. Also obtain special approvals if required. If renewing a business license after a year and not renewed on time, you must pay the penalties.

Documents

No-Objection letter certificate
Tenancy contract certificate
Passport
Visa
Photocopies of residency proof
Photocopy of ownership certificate
Legal Affairs Approvals
Ministry of Economy's Approval
Other government entities approval
Certificate of partnership contract from public notary
National ID
Photocopies of family book
Signboard
Certificate of trade name
Report of technical evaluation

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