Sharjah Free Zone
Known to be one of the most affordable emirates for living and one of the most vibrant cities that encourages art, education, and culture, Sharjah is one of the top choices for investors to set up their business. Compared to the other emirates in the country, business setup and license costs are moderately low and have fewer accounting and auditing requirements. Land and labor costs are also very affordable.
Sharjah is known as the industrial base of the country with great shipping sectors. But now, with a proactive outlook to all legal businesses, Sharjah has many opportunities for ambitious owners to grow their companies to success.
Types of Licenses Available in Sharjah Free Zone
- Commercial License: This license is for companies engaging in trading, buying, and selling goods. Car rentals, real estate, etc., can be classified under a commercial license.
- Trading License: Businesses performing industrial and manufacturing activities must procure this license. Businesses must have a physical office in the country to get the license.
- Professional License: Any business providing services such as consultancies, law firms, education institutes, arts and crafts, etc., must have this license.
Why Set Up a Business in Sharjah Free Zone
- Complete ownership of the business
- No currency restrictions
- Cheap office and accommodation rents
- Completely free transfer of funds
- No personal income taxes
- Companies can enjoy a 0% corporate tax rate on qualifying income, and for non-qualifying income, a standard corporate tax rate of 9% is applied.
- Easy access to sea ports and the Sharjah International Airport
- Low warehouse facility costs
- Low labor costs
Sharjah Free Zones
- Hamriyah Free Zone
- Sharjah Airport International Free Zone
- The USA Regional Trade Center
- Sharjah Publishing City Free Zone
- Sharjah Media City Free Zone
- Sharjah Research Technology & Innovation Free Zone
