Sharjah Free Zone Company Formation in UAE / BMS Auditing

 Setting up a business in Sharjah Free Zone is a sensible option if it is a new business or you wish to expand your existing business. Although starting a business is a complex task, a city like Sharjah could be an ideal location for you to take baby steps in your enterprise. 

The Free Zone in Sharjah has established itself as a logistics and maritime trading hub in the UAE, strategically placed between Asia, Europe, and Africa so you can trade and meet certain requirements of investors.

Business setup in this region is possibly an affordable alternative. Sharjah free zones are quite popular as they provide attractive facilities such as well-developed infrastructure and low rents with the issuance of the license. Sharjah Free Zones in UAE makes company formation simple and also offers 100% foreign ownership, tax exemptions, and other business-friendly benefits.

Is Sharjah Free Zone the ideal region to set up your business? Then, do not delay in consulting with BMS to navigate you on the right path! The experienced team at BMS has hands in all aspects of business setup in the Free Zones of the UAE. 

Let us look at the Business setup in Sharjah Free Zone in detail. 

image listing out the Sharjah free zones in UAE that are apt for company formation

Benefits of Starting a Business in Sharjah Free Zone

  • Total exemption from corporate or personal income taxes
  • 100% ownership for foreign investors
  • Adaptable regulations
  • 100% exemption on imports and exports
  • Investment security
  • Affordable rates on leasing 
  • Can accommodate onsite labor
  • Eliminates currency barriers
  • Has local as well as foreign banks
  • Easily access big ports and Sharjah International Airport

Licenses for Business Setup in Sharjah Free Zone

For every business, you need to obtain the corresponding license, which makes your business legal. For a business license, you should decide the business activity to conduct. Business activity determines the number of licenses you require. 

Following are the license types implemented in the Sharjah Free Zone: 

Commercial License 

This license is provided to companies that involve trading, buying, or selling goods, Issued by the Free Zone Authorities. Some examples are Logistics, Car Rental, and Real Estate. 

Trading License 

This license is issued when a business involves industrial and manufacturing activities. Here, you require a physical office in the UAE Free Zone if you own this license. Some of the activities included under this license are- Food products, manufacturing of furniture, packaging, etc. 

Professional License 

This license is issued to companies providing services for various businesses. Examples of such businesses that require professional licenses are- Artisans, Law firms, Medical Services, etc. 

Let us look at each Free Zone in detail. 

https://www.bmsauditing.com/uae/en/services/uae-business-consultancy-bms-auditing/company-formation-in-sharjah-free-zone

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