The glittering emerald of the UAE, Sharjah is the ultimate destination for ambitious entrepreneurs who want to reach for the skies. This bustling and vivid cityscape is brimming with opportunity for startups and businesses who want to expand on the highest global scale.
Join Sharjah’s thriving business ecosystem to take advantage of the affordability, networking access, and nurturing entrepreneurial environment that you can’t get elsewhere. Sharjah is located close to major trading hubs and has excellent transportation links, opening doors to new markets. If you’re an aspiring entrepreneur, don’t miss out on the hidden gem that is Sharjah.
Did Sharjah catch your eye? Here’s a simple step-by-step guide on how you can establish your business in the UAE’s startup hub.
Sharjah has the most diversified economies in the Gulf Region, and is widely recognised as a cultural capital, an industrial hub, and an education hotspot.
Centrally located between Europe and East Asia, with convenient access to major international airports and seaports on both the Arabian Gulf and Indian Ocean, Sharjah is a strategic investment destination for global investors and companies looking to explore new geographies and emerging markets, especially in Asia, Africa and Europe.
Business setup in the UAE can be a great opportunity for entrepreneurs looking to expand their business in the Middle East. The cost of starting a business in the UAE can vary depending on the type of company, size of the business, and location.
In Sharjah, for example, entrepreneurs can choose to set up a company in a free zone which offers a number of benefits, such as 100% ownership and the ability to repatriate profits. They also offer a number of business setup packages that start from as low as AED 5,750, depending on the type of business and business activities you opt for.
Yes, a foreigner can start a business in the UAE. In fact, the UAE is one of the most welcoming countries in the world for foreign investors, with a favourable business environment and a range of incentives for foreign entrepreneurs. One of the most popular options for foreign investors is to set up a company in one of the UAE’s many free zones. These free zones offer 100% foreign ownership, which means that foreigners can fully own and manage their businesses without the need for a local partner.
To start a business in the Sharjah free zones, a foreigner must obtain a company license from the relevant authorities through a business setup advisor. Once the license is obtained, the foreign investor can benefit from the many advantages that come with setting up a business in the UAE.
Business setup packages can start from AED 5,750 to help you set up your free zone company in Sharjah.
In the UAE’s free zones, you can obtain 100% foreign ownership for your company through your business license.
A corporate bank account is essential for operating your business legally and professionally in the UAE. It allows you to:
Yes, your physical presence is required at certain stages, such as meeting with the bank representative to sign the necessary documents.
Yes. Business setup advisors offer a streamlined process for obtaining UAE residency visas. You can expect to receive your residency in just 5 working days, allowing you to focus on growing your business.