The process of company formation in Sharjah is based on three main stages, which are the establishment, licensing, and registration in the business registrar’s office or RCS. Each stage has its requirements and procedures. The first step will be the establishment of the company, which will take about 2 days, depending on the form of the new company.
Business Setup in Sharjah Free Zone
Businesses in Sharjah are governed by the Department of Economic Development DED. To start a business in Sharjah, you’ll need to register your company with the DED.
- The process is simple and can be done online. You’ll need to provide some basic information about your company, such as its name and address.
- Once you’ve registered your company, you’ll need to obtain a trade license.
- A trade license allows you to operate your business in Sharjah.
You can apply for a trade license online or at the DED office. The process is straightforward. After you’ve obtained your trade license, you’re ready to start doing business setup in Sharjah to obtain a trade license, you’ll need to submit several documents and pay a fee. In general, you will need. A business setup company registration form signed by all company shareholders a list of every shareholder and their nationality Proof of identity for each shareholder a list of all company directors Proof of identity for each director Photocopies of passport pages for each person on your list.
This includes your own. If any information is missing or incorrect, you’ll be asked to submit a new application with updated information. Once your application has been approved, it takes about one week to receive your trade license after payment is received. You can pick up your trade license at any government office throughout company formation in Sharjah with valid identification. Some offices are open during weekends while others operate on specific days during certain hours only.
E-Commerce License Sharjah Cost
You will need to start by incorporating your company into the UAE. The next step is to obtain an e-commerce license from the Department of Economic Development in Sharjah. The cost of this license will depend on the type of business you are operating. Once you have your license, you will need to set up a physical office in company formation in Sharjah. This can be done by renting or leasing space in a commercial building.
You will also need to register your business with the Chamber of Commerce and Industry in Sharjah. The next step is to obtain a trade license from the Department of Economic Development in Sharjah. This license will allow you to import and export goods. It will also allow you to sell products in other parts of the world. You may want to consider applying for an international trading code ICC at this time as well. Doing so will make it easier for customs officials around the world to identify your shipments when they arrive at their destination.
If you intend to engage in manufacturing activities, then you will need additional licenses from various government agencies such as the Labour Ministry and Planning and Land Authority PLC. In addition, obtaining a work permit for any company formation in Sharjah foreign national employees is necessary before they can legally work within the country. A lawyer should be consulted before engaging in any transactions involving real estate property which includes buying land, homes, or commercial buildings because of all of the regulations involved.
Also read: business setup in SRTIP Freezone
How Much Does a Trade License Cost in Sharjah?
The minimum capital requirements for company formation in Sharjah are AED for a professional license and AED for a commercial license. To obtain a trade license in Sharjah, you must first obtain a UAE residency visa. You can then apply for a trade license UAE through the Department of Economic Development in Sharjah.
The application process takes approximately two weeks. Once your company has been established, you will be required to pay an annual registration fee to the Emirates Authority for Industry and Commerce EAC. There are no additional fees or taxes related to company formation in Sharjah other than those that may be charged by third-party entities such as accountants.
Depending on your company structure, you may need to obtain more than one trade license. For example, a sole proprietorship business will require only a trade license, but a partnership requires both a trade license and an establishment permit. Additional requirements for company formation in Sharjah may also vary based on industry.
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