Company Formation In Sharjah

Business Setup in Sharjah mainland is preferred by the entrepreneur class as it is very well known for being a home to several organizations with local, national, and multi-national operations. Also, the local governing bodies of Sharjah encourage the entrepreneurs for the ongoing mission of Sharjah business setup in the UAE.

The local government of Sharjah avails various offers to startups as well as the existing businesses that plans for expansion. Istiqama, with its expertise and experience with Sharjah laws offers professional assistance to entrepreneurs for a hassle-free journey through the setting up of business in Sharjah Mainland. The in-house specialist can help in services that include trade licensing, visa requirements, legal documentations, and finally, getting approval from government authorities.

Some of the advantages of business setup in Sharjah mainland are as follows:

• No income or corporate tax;
• No trade barriers and foreign exchange controls.
• No income or corporate tax;
• No trade barriers and foreign exchange controls.
• Offers good infrastructure

Steps involved in Company formation in Sharjah

There are various steps or procedures involved in the business setup Sharjah Mainland.

They are as follows:

• Get the MOA and the lease agreement of the company signed by a public notary
• Submit necessary documents.
• Pay the license fees to get the trade license
• Get the approval from the Name board
• Apply for the establishment card § Get approval from the Ministry of Labor for hiring an employee
• Get the visa stamped.
• Decide the type of business activity that will be done
• Find the local sponsor
• Submit the company registration form to the Department Of Economic Development (DED)
• File the trade license with DED
• Get the trade name registered