Business Setup in Sharjah Free Zone

Business Setup in Sharjah

Sharjah Free Zone is home to over 15,000 businesses from more than 160 countries. It’s proof that this country is a magnet for entrepreneurs and one of the hottest spots to get started.

With its cheapest free zone license, easy registration, and a prime location near Dubai free zone, this business hub is turning heads.

But is it really that easy? Let’s break it down so you can see why a free zone business setup in Sharjah might be the best decision you ever make.

In this blog, we’ll walk you through the benefits of setting up a Free Zone company, the step-by-step process, and why Sharjah stands out as one of the most affordable and business-friendly options.

What is Sharjah Free Zone?

Sharjah Free Zone is one of the most popular and cost-effective business hubs in the UAE, designed to attract entrepreneurs, startups, and multinational companies alike. Established to boost economic growth and foreign investment, it offers a business-friendly environment with perks like 100% foreign ownership, zero taxes, and full repatriation of profits.

Located strategically near Dubai, it provides easy access to major ports, airports, and markets, making it a prime choice for businesses looking to expand their reach. It’s no wonder it’s often referred to as one of the cheapest free zones in the UAE, making it a top pick for savvy business owners.

Why Choose Sharjah Free Zone for Your Business Setup?

Let’s cut to the chase. Why should you consider Sharjah Free Zone for your free zone business setup? Here’s the lowdown: 

1. Cost-Effective:

Sharjah Free Zone is known for offering one of the cheapest free zone licenses in the UAE. Compared to other free zones like Dubai Free zone, the setup costs are significantly lower, making it a great option for startups and SMEs. 

2. Prime Location:

Sharjah is just a stone’s throw away from Dubai, giving you access to two major business hubs. This proximity means you can tap into Dubai’s bustling market while enjoying Sharjah’s affordability. 

3. 100% Ownership:

Like other free zones, Sharjah allows 100% foreign ownership. No need for a local sponsor, which means you’re in full control of your Free Zone Company. 

4. Tax Benefits:

Zero corporate and personal income taxes? Yes, please! This is a major draw for businesses looking to maximize profits. 

5. Easy Setup Process:

The process of setting up a free zone business in Sharjah is straightforward and hassle-free. With minimal red tape, you can get your business up and running in no time. 

6. Diverse Business Activities:

Whether you’re in trading, manufacturing, or services, Sharjah Free Zone offers a wide range of business activities to choose from. 

Steps to Set Up Your Business in Sharjah Free Zone

Now that you’re sold on the benefits, let’s break down the steps to set up your Free Zone Company in Sharjah.

1. Choose Your Business Activity: First things first, decide what your business will do. Sharjah Free Zone offers a variety of activities, so pick one that aligns with your goals. 

2. Select a Business Name: Your business name needs to comply with UAE naming conventions. 

3. Apply for a License: This is where you’ll get your cheapest free zone license. Sharjah Free Zone offers different types of licenses (trading, service, industrial), so choose the one that fits your business. 

4. Submit Required Documents: You’ll need to provide documents like your passport copy, business plan, and NOC (if applicable). 

5. Lease Office Space: Sharjah Free Zone requires you to have a physical office space. They also offer flexible options, from shared offices to private spaces. 

6. Get Your Visa: Once your license is approved, you can apply for visas for yourself and your employees. 

7. Start Operations: Congratulations! You’re now ready to kick start your Free Zone business in Sharjah. 

Sharjah Free Zone vs. Dubai Free zone: Which One’s Better?

This is the million-dollar question, isn’t it? Both Sharjah and Dubai Free zone have their perks, but here’s why Sharjah might just have the edge: 

• Cost: Sharjah Free Zone is hands down one of the cheapest free zone options in the UAE. If you’re watching your budget, this is a no-brainer. 
• Proximity to Dubai: You get the best of both worlds, affordable setup costs in Sharjah and easy access to Dubai’s thriving market. 
• Less Crowded: While Dubai is bustling with businesses, Sharjah offers a more relaxed environment, which can be a breath of fresh air for new entrepreneurs. 

That said, if your business heavily relies on Dubai’s global connectivity, you might want to consider Dubai Free zone. But for most startups and SMEs, Sharjah Free Zone is the sweet spot. 

Did You Know?

Here are a few stats to put things into perspective: 

• Sharjah Free Zone has attracted over 15,000 companies from more than 160 countries.
• The UAE ranks 16th globally in the World Bank’s Ease of Doing Business report.
• Over 90% of businesses in Sharjah Free Zone are SMEs, proving it’s a hotspot for startups. 

Set Up Your Free Zone Company in Sharjah With ExpressPRO

Setting up a business in Sharjah Free Zone is like hitting two birds with one stone; you get the affordability of Sharjah and the proximity to Dubai’s booming market. With its cheapest free zone license, 100% ownership, and tax benefits, it’s no wonder entrepreneurs are flocking to this Free Zone. 

So, what are you waiting for? Whether you’re a startup or an established business, Sharjah Free Zone offers the perfect platform to grow. And if you need a helping hand, ExpressPRO is here to guide you every step of the way.  Remember, the early bird catches the worm, so don’t wait too long to make your move. Your dream business is just a free zone business setup away!