COMPANY FORMATION IN FREE ZONES OF SHARJAH

SET UP YOUR OWN BUSINESS AT ONE OF THE FREE ZONES IN SHARJAH

Establishing your business in UAE now has become quite easy with the setting up of free zones at various places. If you aspire to boost the growth of your business and open offshore branch, free zones UAE is the best place to begin. There are many free trade zones in Dubai, which are governed by special rules and regulation which aim to promote the investors and their businesses. The industries in the UAE are also instrumental in facilitating the business here. The infrastructure provided by the government like rail and road transport also play crucial role in the proliferation of the business. Some of the most lucrative businesses in Dubai are real estate, media and e-commerce, which you can establish as a foreign investor. Sharjah is a great place for you to start your own company as it offers two free zones with investor-friendly policies and regulations.

SHARJAH AIRPORT INTERNATIONAL FREE ZONE

SAIF zone, the acronym for the Sharjah Airport International Free zone offers efficient operation for your business as it has excellent infrastructural facilities to support your business. It is a great venue for your business ventures in UAE owing to its accessibility to the ports like KhorFakkan and Port Khalid at the Arabian Gulf and also the Sharjah International airport. The SAIF zone offers great benefits like personal and corporate tax exemption, single window clearance and full repatriation of the capital and the profits. As a member of the SAIF zone, you can enjoy 100% ownership as a foreign investor and also operate without any restriction on the currency.

HAMARIYA FREE ZONE, SHARJAH

The Hamariyan free zone is one of the trade zones in Sharjah, which was established in the year 1995 by an Emiri decree. Sharjah is a well connected and infrastructure ready city in the UAE, which provides a secure and reliable opportunity to perform business and ring in maximum profit. It is connected with most of the important city of the world by sea and air, which makes it a preferred place for trade. The Hamariyah free zone has reasonable rates and immense benefits which include full corporate and personal tax exemption, 100% foreign ownership, no restriction on the currency, repatriation of the entire capital and profits and many more.

ADVANTAGES OF OPENING YOUR COMPANY IN SHARJAH FREE ZONES

The government policies that are applied in these free zones are very growth-oriented and wish to facilitate the businesses by offering tax free transactions and no capital repatriation restriction. The investors can also open accounts in the local UAE banks and carry out the normal transaction except than doing business with the local residents of the UAE. Doing business in Dubai has been made easy and convenient by the policies and the registered agents make the process even easier. The atmosphere that you get in the Sharjah free zones like Sharjah Airport International Free Zones and Hamriyah Free Zone, Sharjah is ideal for doing profitable business. The investors are also allowed to hold shares in the offshore companies established in free zones.

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