Contents
- Residence and work in Sharjah
- Business setup in Sharjah
- 1- Determine the nature of economic activity
- 2- Determine the legal form of the company
- 3- Choosing and registering the trade name
- 4- Obtaining initial approval
- 5- Choosing a business location and articles of incorporation
- 6- Special approvals
- 7- Obtaining a commercial license
- Cost of business setup in Sharjah
- Tdabeer Company..your best choice
The United Arab Emirates is characterized by the fact that it contains many wonderful areas to start various investment businesses. While many new investors head to Dubai, Sharjah offers many great advantages to work in. During the lines of this article, we will talk about all the important information about business setup in Sharjah. Continue reading with us to know more details.
Residence and work in Sharjah
The UAE is currently considered one of the best Arab countries to reside and work in various investment fields. It even competes with many European countries in this field. This is thanks to its great industrial, commercial and technological development, in addition to its distinctive strategic location. Moreover, investors can obtain long-term visas if they wish to work for long periods. In terms of accommodation, Sharjah is distinguished by its wonderful location, and contains many distinctive residential properties, with amazing views and many services. Prices in Sharjah are also very special, and are significantly cheaper than Dubai. For this reason, Sharjah is considered a distinct choice for every investor, Arab or foreign.
Business setup in Sharjah
In order to be able to establish a business in Sharjah, you must follow some steps:
1- Determine the nature of economic activity
The first step is to determine the nature of the economic activity of the business you want to start. This step will help you calculate the budget needed to start this business, in addition to choosing the appropriate commercial license for you as well. Knowing that there are some activities in which the UAE does not allow foreign investors to work. For this reason, make sure that your own business is not among these activities.
2- Determine the legal form of the company
The second step in business setup in Sharjah is to determine the legal form of the company you want to create. This form depends mainly on the nationality of the company owner, i.e. the nationality of the investor, in addition to the nature of the work that it will perform. Among the types of legal companies in Sharjah, we mention to you:
1- Solidarity companies.
2- Public joint stock companies.
3- Civil works.
4- Limited liability companies.
5- In addition to private joint stock companies.
3- Choosing and registering the trade name
The third step in the process of establishing a business in Sharjah is to choose and register your company’s trade name. Here you must adhere to the conditions related to the process of choosing an appropriate trade name for your company. This name must be compatible with the nature of the company’s work. It must also not contain any offensive words, and it must be a new name, meaning it does not exist previously.
4- Obtaining initial approval
The initial approval certificate means that the UAE has no objection in principle to establishing your company on its territory. That is why the investor must obtain this approval at this stage, before he can complete the next steps in the process.
5- Choosing a business location and articles of incorporation
Then the investor must choose a suitable location to establish his own company in Sharjah. There are many wonderful locations in Sharjah, but you can choose the appropriate location for your work according to the nature of the work in the first place, and according to the size of the work crew as well. After choosing the workplace, you must also conclude the company’s articles of incorporation.
6- Special approvals
Establishing and starting some businesses in the Emirates requires obtaining special approvals from some government agencies in the country. If your business is one of these businesses, you must obtain these approvals before moving to the next step.
7- Obtaining a commercial license
The last step in business setup in Sharjah is to obtain the appropriate commercial license for you. Knowing that the UAE offers different types of commercial licenses, you must obtain and activate the commercial license appropriate to the nature of your business.
Cost of business setup in Sharjah
In terms of cost, it varies greatly from one investor to another. It depends mainly on the type of business you want to create, in addition to the size of the company you want to create. This is in addition to the number of people working in the company, the company’s location, the type of commercial license, and many others. For this reason, the cost required to start a business in Sharjah cannot be accurately determined.
Tdabeer Company..your best choice
Tdabeer Company works to help investors in the UAE to establish their own businesses and companies. This is done by assisting in implementing all the necessary steps to establish companies, assisting in obtaining commercial licenses, opening bank accounts, and many others. Contact us through the following links to benefit from our services, and quickly establish your business in Sharjah in the fastest time and with the least effort and cost.
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