Business Setup In Sharjah Freezones
Business Set up in Sharjah Freezone would be an ideal choice for those investors looking to expand their business or even for the start ups. Types of Sharjah freezones include Sharjah Media City Freezone(Shams), Hamriya freezone authority(HFZA) and Sharjah Airport International freezone(SAIF).
Two types of companies that can be registered in Sharjah Freezone
Depending on the nature of shareholding, there are two types of companies that can be registered in Sharjah Free Zone. They are as follows:
- Free Zone Establishment or FZE, which can be formed by single shareholder.
- Free Zone Company or FZC, which can be formed by two ormore shareholders. This will be a multiple shareholder limited liability company.
Types of licenses for Sharjah Free Zone Company Set Up
For setting up of business in Sharjah Free Zone, below given are the types of licenses investors need to avail.
- Commercial license
- General Trading License
- Industrial / Professional License
In order to set up a business in Sharjah Freezone, the first step is to acquire Sharjah Freezone license. For this, the investor needs to select the type of business activity and select a unique name for the company. It should be ensured that the name of the company has not already been registered with the same Free Zone.
Some of the best reasons for the investors to opt for Sharjah FreeZone company are its 100% foreign ownership and simplified company formation procedures, repatriation of capital and profits, 100% free transfer of funds, Fast-track immigration process, Liberal economic policies, business-friendly environment and many more.
Company formation in Sharjah Freezone can be assisted by the professional business consultants at Quickstep Business Consulting, helping the investor go through the procedures of setting up business in freezone easily.