Sharjah has established itself as a dynamic economic hub and a leading destination for business setup in the UAE. Its strategic location, connecting key trading zones, and its reputation as a safe and stable city with a strong economy make it an attractive option for entrepreneurs. Our team at DBIN can provide comprehensive support to ensure a smooth and efficient setup process for your Sharjah Mainland company.
Why Choose Sharjah for Your Mainland Business?
Sharjah’s business landscape is designed to support a wide range of industries, particularly in the service, trade, and manufacturing sectors. Key advantages for investors include:
- 100% Foreign Ownership: Recent legal reforms have made it possible for foreign investors to have complete ownership of their companies in many sectors.
- Favorable Government Policies: The government of Sharjah is committed to creating a business-friendly environment with flexible regulations.
- Tax Benefits: Businesses in Sharjah enjoy tax exemptions on corporate and personal income, maximizing profitability.
- Investment Security: A stable economic and political environment provides a secure foundation for your investment.
- Global Connectivity: The presence of international banks and a modern communication system facilitates seamless international operations.
The Process of Company Formation in Sharjah
The process of forming a company in Sharjah Mainland is regulated by the Department of Economic Development (DED). We can guide you through each of these essential steps:
- Choose Your Business Activity: Define the exact nature of your business and select the appropriate activities from the DED’s list. You can choose from professional, commercial, or industrial activities.
- Determine Your Legal Structure: Choose the best legal form for your business, such as a Sole Establishment or Limited Liability Company (LLC), based on your ownership and business type.
- Reserve a Trade Name: Select a unique trade name and submit it to the DED for approval.
- Draft Legal Agreements: Prepare and get your Memorandum of Association (MOA) or Local Service Agent (LSA) agreement notarized.
- Obtain Initial Approval: Submit all required documents to the DED to get initial approval for your business.
- Secure a Business Location: Find and rent or purchase a physical office space and have the tenancy contract (Ejari) certified.
- Apply for a License: File your application and all supporting documents with the DED and pay the license fees to obtain your official trade license.
- Complete Employee Procedures: Get approval from the Ministry of Labor for hiring employees and an establishment card for your company.
- Finalize Registrations: Obtain any necessary external approvals from relevant government authorities based on your business activity.
Essential Documents for Registration
To ensure a smooth application process, you will need to prepare the following documents:
- Certified copy of the tenancy contract
- NOC letter (if applicable)
- Copies of passports and visas for all partners
- Proof of residence
- Trade name certificate
- Any required approvals from other ministries or legal affairs departments