Free zones in the UAE are among the most attractive destinations for investors and businessmen, as they provide an ideal environment for establishing companies with unique advantages. Among these free zones, Sharjah International Airport Free Zone stands out as one of the most prominent options available to those wishing to enter the business market. Establishing a company in this zone offers a range of benefits that make it a preferred choice for many.
Sharjah International Airport Free Zone enjoys a distinguished strategic location, as it allows companies easy access to local and international markets. This zone also offers an advanced infrastructure that includes modern facilities and advanced means of transportation, which facilitates business operations and enhances efficiency.
On the other hand, the free zone provides attractive tax advantages, as companies can benefit from tax exemptions and no tax on profits, which enhances opportunities for growth and expansion. In addition, the free zone allows full ownership of foreign companies, making it an attractive option for investors of different nationalities.
In this article, we will discuss the steps for establishing a company in Sharjah International Airport Free Zone, starting from choosing the type of company and submitting the application, all the way to completing the necessary procedures. We will also review the required documents and important considerations that must be taken into account to achieve success in this endeavor. By understanding the processes and procedures involved in establishing a company in this free zone, investors can achieve their business goals effectively and efficiently.
Establishing companies in Sharjah Airport International Free Zone
Establishing companies in Sharjah Airport International Free Zone represents an attractive opportunity for companies that wish to benefit from the advantages and privileges offered by the free zone. Here are the steps to establish a company in Sharjah Airport International Free Zone:
Choosing the type of company: First of all, you must determine the type of company you wish to establish in the free zone, such as a sole proprietorship, limited company, or joint stock company.
Choosing the business activity: Determine the business activity you wish to practice and ensure that it complies with local regulations.
Determining partners and shareholders: If there are partners, determine their shares and agree on the terms and conditions related to the partnership.
Determining the company name: Choose a unique name for the company and ensure that it complies with local regulations.
Submitting the application for establishment: Submit the application for establishing the company to the relevant authorities in Sharjah Airport International Free Zone.
Preparing the necessary documents: Prepare the legal documents necessary to establish the company, such as the articles of association and contracts.
Obtaining the necessary approvals: Make sure to obtain all necessary approvals from the competent authorities in the free zone.
Opening a company bank account: Open a company bank account in one of the approved banks in the free zone.
Work and residence visas: Arrange work and residence visas for the employees that the company will employ.
Completing tax and legal procedures: Ensure that all tax and legal procedures required to establish the company in the free zone are completed.
Sharjah Airport International Free Zone Company Formation Fees
The fees for establishing a company in the Sharjah Airport International Free Zone vary depending on the type of company and the chosen business activities, but in general, the basic fees that you may need to establish a company there can be summarized as follows:
Company registration fees: These include the application fees, which vary according to the type of company (such as limited liability companies and sole proprietorships).
Commercial license fees: There are fees for issuing a commercial license, which may depend on the business activity you wish to practice.
Visa fees: If you require work or residence visas for employees or founders, there will be additional fees associated with this.
Rental fees: The costs may also include the rental fees for the office or commercial space required within the free zone, which vary according to the area and location.
Additional Service Charges: You may need to pay additional fees for services such as security checks, consulting services, special licenses, etc.
Government Fees: These include other government fees related to legal procedures and registration.
Documents required to establish a company in Sharjah International Airport
To establish a company in the Sharjah International Airport Free Zone, you must submit a set of necessary papers and documents. Below is a list of the basic documents required:
Registration Application Form: The company registration application form must be filled out correctly.
Passport: A copy of a valid passport for all partners and investors.
Personal Photos: A number of recent personal photos, passport size.
No Objection Certificate: If one of the partners holds a residence visa in the UAE, he or she may be required to submit a No Objection Certificate from the sponsor.
Company Articles of Association: Drafting the company’s articles of association, which specifies the details of the partners, the type of company, and its activity.
Letter from the bank: In some cases, it may be required to obtain a letter from the bank proving that a bank account has been opened for the company.
Business Plan: Submit a clear business plan that includes details of the business activity and how the company will operate.
Letter from shareholders: If there are other shareholders, a letter confirming the approval of the establishment of the company must be submitted.
Proof of address: Submit documents proving the address of the office or facility to be used.
Special licenses: If the company will carry out activities that require special licenses, these licenses must be submitted.
Advantages of establishing a company in Sharjah International Airport
Establishing a company in Sharjah International Airport provides investors with many advantages that enhance their business success opportunities. Here are some of the main advantages:
Strategic location: Sharjah International Airport is ideally located with easy access to major markets in the Middle East, Asia and Africa, allowing for easy trade and distribution.
Advanced infrastructure: The free zone provides modern infrastructure including advanced logistics facilities, storage facilities and offices, making it easy to operate businesses.
Tax exemptions: The free zone offers distinctive tax benefits, such as exemption from corporate taxes for up to 50 years, which enhances business profitability.
Full ownership: Investors are allowed to own 100% of their companies without the need for a local partner, giving them complete control over their business.
Ease of establishment procedures: The free zone provides fast and efficient registration procedures, helping investors start their businesses quickly.
Flexible work visas: The zone provides the freedom to obtain work visas for company employees, making it easy to hire the necessary cadres to operate the business.
Diversity of Business Activities: A variety of business activities are permitted, allowing investors to choose the activity that best suits their interests and expertise.
Support and Assistance Services: The free zone offers comprehensive support services including legal advice, logistics services, and assistance with licensing procedures.
Diverse Market: The diversity of communities in Sharjah contributes to creating a business environment rich in opportunities, where investors can access clients from different cultural backgrounds.
Growth and Expansion Opportunities: The free zone provides opportunities for growth and expansion by accessing new markets and expanding the scope of business.
In conclusion of our article on establishing a company in the Sharjah International Airport Free Zone, we find that this area represents one of the most prominent investment destinations in the Emirates, as it provides an ideal environment for businesses that promote growth and innovation. The free zone offers many advantages that make it an attractive option for investors, such as tax exemptions, easy establishment procedures, and advanced infrastructure that facilitates business operations.
The Sharjah International Airport Free Zone is a strategic platform that allows investors to easily access local, regional, and international markets, thanks to its distinguished geographical location and proximity to the airport. This area contributes to enhancing trade movement and facilitating logistics, making it an ideal environment for companies operating in areas such as international trade, logistics, and industries.
The free zone also provides strong support to investors, through integrated services that include assistance in preparing legal documents, financial consulting, and providing office space and storage facilities. This support is a crucial element in accelerating the process of establishing businesses and ensuring their success in the market.
Finally, if you are thinking of establishing a company in the Sharjah International Airport Free Zone, you are choosing an environment rich in opportunities and facilities. Sharjah is today one of the most attractive emirates for investment, making it an ideal destination for aspiring entrepreneurs and investors. Thanks to the supportive environment and diverse opportunities, you can be part of this rapid economic growth and achieve your business goals in the heart of one of the fastest growing markets in the region.
The most important frequently asked questions about establishing a company in Sharjah International Airport
What types of companies can be established in Sharjah International Airport?
A variety of companies can be established in Sharjah International Airport, including sole proprietorships, limited companies, and joint stock companies.
What are the advantages of establishing companies in Sharjah International Airport?
Key advantages include: modern business environment, advanced infrastructure, simple bureaucratic procedures, and no taxes on profits.
What are the basic steps to establish a company in Sharjah International Airport?
The steps include: choosing the type of company, choosing the business activity, submitting the incorporation application, preparing the necessary documents, obtaining the necessary approvals, and opening a bank account.
What are the conditions and requirements for establishing a company in Sharjah International Airport?
The requirements usually include: submitting a feasibility study, submitting a business plan, providing personal documents for the founders, and determining the place of work.
