LLC Company Formation in Sharjah
The business setup process in Sharjah mainland is an attractive option for foreign investors due to a multitude of factors including cost-effectiveness and the possibility of 100% shareholding. Due to its business-friendly approach and low living costs, the company formation in the Sharjah mainland has emerged as a strong alternative for the business setup process in Dubai. Since the jurisdiction plays a prominent role in deciding the success of a business, the foreign investors need to hire the services of reputed business setup consultants in Sharjah to make the company formation process easier.
Why Investing in Sharjah Mainland is a Good Decision?
Sharjah’s economy is considered to be one of the most diversified economies in the region and the emirate holds the reputation of being an industrial hub. Sharjah is a strategic investment hotspot due to easy access to prominent international airports and ports on the Arabian Gulf as well as the Indian Ocean. Apart from these reasons, the investors prefer the business setup process in Sharjah due to the attraction of 100% ownership. By setting up a mainland business in Sharjah, the entrepreneurs can eliminate the requirement of having a local sponsor (UAE national) who holds at least 51% share in the company.
Sharjah offers competitive business setup opportunities to both local and foreign investors due to factors including its open-door policy, simplified company incorporation process, and a favourable regulatory environment. Sharjah’s economy is further powered by the presence of more than 55,000 SMEs that gain immense benefits from the emirate’s highly competitive supply chain.