Sharjah Mainland
Business Setup In Sharjah Mainland Has Immense Growth Prospects
Sharjah Department of Economic Development (DED) regulates the formation of companies in Sharjah Mainland, which offers a variety of economic activities. Mainland company formation in Sharjah has immense growth prospects.
The emirate with an investor-friendly attitude, Sharjah has become one of the most opted destinations for businesses since the beginning of the new millennium. Understanding the growing importance of the emirate as a key business destination, more and more expatriates and foreign investors are coming forward to company formation in Sharjah Mainland.
Types of Licenses
It is necessary to obtain a business license if you are setting up a mainland company in Sharjah. Without it, you can’t do business legally. Licenses match approved activities by SDED. A license may be one of three types:
- Commercial License
- Service License
- Industrial License
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FAQs - Sharjah Mainland
The benefits of setting up a mainland business in Sharjah include the ability to operate freely within the local market, engage in government contracts, and enjoy a diverse customer base. Additionally, businesses can benefit from Sharjah’s strategic location, competitive costs, and supportive business environment.
The cost of setting up a business in Sharjah Mainland can vary significantly based on factors such as the type of business, office space requirements, and licensing fees.
Yes, recent regulatory changes in Sharjah allow for 100% foreign ownership of businesses in all sectors except the oil and gas sectors, facilitating greater investment opportunities for expatriates.
Setting up a mainland company in Sharjah typically takes between a few days to a few weeks. The timeframe depends on the type of business, the documentation process, and how efficiently businesses navigate local regulations.
