Sharjah Mainland License
Sharjah holds the position of the third most popular city in the UAE and is emerging as one of the fastest-growing business hubs in the Emirates. Boasting a business-friendly environment, strategic geography, and state-of-the-art infrastructure, Sharjah becomes an ideal location for business owners. Our guide explores the regulations, procedures, and advantages associated with acquiring a Sharjah mainland license.
Benefits of a Sharjah Mainland License:
A Sharjah mainland license, issued by the Sharjah Economic Development Department (SEDD), enables businesses to operate within the mainland region of Sharjah. In contrast to Free Zone licenses, a Sharjah mainland license provides greater flexibility in terms of business operations, locations, and client demographics.
Key benefits include:
Diverse Business Opportunities: Sharjah’s diverse economy opens doors to various sectors, such as manufacturing, services, and retail.
No Currency Restrictions: Businesses can conduct transactions in any currency, offering flexibility in international trade.
100% Repatriation of Capital and Profits: Business owners can fully repatriate capital and profits without restrictions.
Ease of Doing Business: The Sharjah government streamlines processes for business setup, reducing bureaucratic hurdles.
Access to All UAE Markets: Mainland companies can conduct business anywhere in the UAE, including local markets.
Eligibility for Government Contracts: Mainland companies can bid for government projects, often substantial in size and value.
No Minimum Capital Requirement: Starting a business on the mainland doesn’t require a minimum capital investment.
Sponsorship and Visa Privileges: Business owners can sponsor family members and employees for residency visas.
Flexibility in Choosing Office Locations: Companies have the freedom to choose office locations anywhere in Sharjah.
Networking and Collaboration Opportunities: Being part of the mainland business community provides networking opportunities.
These benefits make obtaining a Sharjah mainland license an attractive proposition for businesses aiming to establish or expand their presence in the UAE market.
How to Obtain a Sharjah Mainland License: Step-by-Step:
The five steps to acquire a Sharjah mainland license are:
Step 1: Partner with Firmz Business Setup
Firmz Business Setup specializes in obtaining Sharjah mainland licenses for foreign individuals and companies. The team provides expert advice to ensure your business is fully licensed, registered, and complies with Sharjah’s regulatory requirements.
Step 2: Register Your Trade Name
The process involves securing a company name that complies with SEDD regulations. Firmz Business Setup assists in ensuring your trade name adheres to these regulations.
Step 3: Select Your Legal Structure and Business Activities
Before applying for a Sharjah mainland license, businesses must choose their legal structure and business activities. Failure to list all activities on the trade license can result in fines.
Step 4: Obtain Initial Approval
Securing initial approval from the SEDD involves submitting various documents for review, ensuring alignment with Sharjah’s economic goals and regulatory framework.
Step 5: Apply for Your Sharjah Mainland License
After obtaining the initial approval certificate, businesses can apply for a Sharjah mainland license. Firmz Business Setup supports the process, facilitating a smooth setup.
Sharjah Mainland License Cost:
Setting up a Sharjah mainland license costs between AED 15,000 and AED 30,000, depending on factors such as business nature, office rent, and visa fees.
Required Documents:
Essential documents include a business plan, directors’ and partners’ visas and passports copies, office space lease agreement, MOA, AOA, proof of residence, NOC, trade name reservation certificate, and initial approval certificates from SEDD.
Why with Firmz Business Setup:
Firmz Business Setup provides a distinct advantage in obtaining a Sharjah mainland license. With expertise in UAE business regulations, personalized solutions, and a comprehensive service range, Firmz Business Setup ensures a smoother and cost-effective license acquisition process. The team’s commitment to ongoing assistance contributes to the success of your business setup journey in Sharjah.