Easy company formation solutions in Sharjah’s prominent free zones.
A Business Trade License is a must-have document to operate legally in Dubai. The process of getting a business trade license in Dubai, UAE involves getting approvals from the government and the economic department. You also need to get all your company formation documents cleared from different UAE agencies within a short time period. For first-time investors, this process can be confusing and expensivee.
With a wealth of experience and a passion for growth, FexMy Business Setup is your one-stop solution for setting up and flourishing business in Dubai.
We advise on the right kind of license ur business, help you acquire the license and give reminders for renewal of license. In the unfortunate case,for yo where you need to get your trade license cancelled FexMy Business Setup expedites the process minimizing your fines and costs.
Plan and thoroughly study your business nature before choosing the best free zone for your sector.
Create a comprehensive business setup plan that details your goals, strategic thinking, and projected financials.
Make a decision on an original company name, then reserve it with the selected free zone.
Find the necessary facilities and workspace for your company's activities.
Establish the number of people your company will require and make plans for their hiring.
Fund the appropriate bank account with the minimum capital the authorities have mandated.
Complete your business's registration and licensing procedures with the appropriate authorities.
Sign the formation documents in front of free zone officials, whether they are an individual, a corporation, or both.
In Dubai, the fees for obtaining a commercial license vary depending on the specific business activity and individual requirements. We can provide an overview of the general charges to help you understand the total cost.
Other expenses, such as license translation fees, Visa fee, may also apply.
Your tenancy contract must be valid for at least one month after your Trade License expiration date.
Once your documents are approved, you'll receive a DED voucher to pay the renewal fee.
If you're planning to start a business in the UAE, you can rely on FexMy for assistance.
Our team of experienced professionals will take care of the entire license application process.
We handle all administrative tasks so that you can focus on running your business smoothly.
A business licence is required to open a firm in the UAE. Three primary Sharjah free zone license categories are:
Commercial Trade License in the UAE is for companies engaged in buying or selling goods. For trading within UAE or even outside the country, a commercial business trade license is a must. Some of the business activities held under a UAE commercial trade license are imports and exports, trading of products, rental services, brokerage firms, logistics firms, real estate, etc.
Professional Trade Licenses in the UAE are a mandate for service-oriented companies. 100% ownership is offered under a professional trade license but requires a local service agent to complete the process. Professional licenses can undertake business activities such as management consultancies, law firms, marketing & designing, auditing & accounting companies, etc.
Industrial Trade License in Dubai and across the UAE is issued to businesses involved in industrial and manufacturing activities. You need to have a physical office inside the country for this license. Some of the notable activities are manufacturing any kind of products, casing products, furnishing products and packaging products.
The business plan should provide details about the business's activities, products or services, marketing strategy, and financial projections.
1) Proof of identity and residence for all shareholders or partners 2) Lease agreement for the business premises 3) Business plan
The lease agreement should be for a commercial property that is suitable for the business's activities. However, in most cases, physical space is not required,
Mainland companiesThe trade name is the name that companies, including tax exemption and no minimum capital.
Sharjah Mainland companies can operate anywhere in the Sharjah, including free zones and outside the country.
Open physical offices anywhere in the Sharjah. This can help you build relationships with local customers.
There are many differences between a FreeZone company and other forms of business setup in Sharjah. Firstly, FreeZone companies are allowed to do business anywhere in the Sharjah and outside the Sharjah.
foreign investors or entrepreneurs were not allowed to form a business in the Sharjah FreeZone with 100% ownership. It was mandatory to have a local sponsor with 51% of company shares allotted to them. This obligation has been revoked as per the new Dubai company law. This allows foreign entrepreneurs to own 100% of their company shares in the Dubai FreeZone
Another major advantage differentiating FreeZone companies from others is the office space requirement and setup. Physical office space is required to obtain a FreeZone business setup license in Sharjah. FreeZone businesses have the advantage of setting up office spaces anywhere that suits them.
FreeZone companies also do not have any restrictions when it comes to visa eligibility. The number of visas issued is directly proportional to the area of workspace/office space that the company has.
Sharjah FreeZone companies also have business aids, tax exemptions, and other benefits in compliance with the latest laws.
You must follow the following procedure for FreeZone company formation in Sharjah.
The best thing you can do is to avail yourself services of our trusted FreeZone business setup consultants to reduce your burden and fast-forward the process.
Here is the list of documents that you will initially need to apply for FreeZone business setup:
There can be added requirements of documents based on the case. Your Consult Zone expert will guide you in case there is an emerging demand.
The latest amendments in Sharjah company laws benefit foreign businesses set up on the FreeZoneou in varis ways. The law allows the foreign entrepreneur to have 100% ownership as opposed to the mandatory local sponsor requirement. Another major benefit is the significant tax exemption and government-funded business aid.
100% business ownership
100% business ownership
100% business ownership
