Business Setup in Sharjah Mainland
Company setup in sharjah mainland
Welcome to Prodigy Corporate Services, your trusted partner for business setup services in Sharjah mainland. We understand that setting up a new business can be challenging, especially when it comes to navigating the legal and regulatory requirements in the UAE. That’s where we come in – our team of experts is here to guide you through every step of the process, from obtaining the necessary licenses and permits to finding the right location for your business.
Why choose Sharjah mainland for your business setup? There are many reasons why this region is an attractive destination for entrepreneurs and investors alike. Sharjah offers a strategic location, well-developed infrastructure, and a supportive business environment that encourages growth and innovation. Additionally, the cost of doing business in Sharjah is relatively low compared to other major cities in the UAE, making it an affordable option for startups and small businesses.
At Prodigy Corporate Services, we offer a wide range of business setup solutions to help you achieve your goals. Whether you’re starting a new business from scratch or expanding an existing one, we can provide you with the right tools and resources to get you up and running quickly and efficiently. Our services include company formation, trade license registration, visa processing, PRO services, and more.
Our business setup consultants in Sharjah has a deep understanding of the local market and regulatory landscape, and we can provide you with valuable insights and guidance to help you make informed decisions. We are committed to delivering personalized service and support to each of our clients, and we work tirelessly to ensure that your business setup process is smooth and hassle-free.
Contact us today to learn more about our business setup services in Sharjah mainland. Let us help you turn your business dreams into reality!
Process to Register a company in sharjah mainland
The process of registering a company in Sharjah mainland involves several steps and can seem overwhelming at first. That’s where Prodigy Corporate Services comes in – we can help guide you through the entire process, making it as smooth and stress-free as possible.
Here’s a general overview of the steps involved in registering a company in Sharjah mainland:
- Choose your business activity: The first step is to decide on the type of business activity you want to engage in. You’ll need to choose from a list of approved activities issued by the Department of Economic Development (DED) in Sharjah.
- Choose your legal structure: The next step is to determine your company’s legal structure. This can be a sole proprietorship, partnership, or a limited liability company (LLC). The majority of foreign investors opt for the LLC structure as it provides limited liability protection.
- Reserve your company name: You’ll need to choose a unique name for your company and have it approved by the DED. We can help you with this process and ensure that your chosen name meets all the requirements.
- Obtain your trade license: Once your company name is approved, you can apply for your trade license. This license allows you to conduct business in Sharjah mainland and is issued by the DED.
- Obtain other necessary approvals: Depending on the type of business activity you’re engaged in, you may need to obtain additional approvals from government agencies or other regulatory bodies. Our team can help you identify what additional approvals you may need and assist you with the application process.
- Find a suitable location: You’ll need to find a suitable location to operate your business from. This could be a commercial office space or a warehouse, depending on your business needs.
- Hire employees (if needed): If you plan to hire employees, you’ll need to obtain their work visas and register them with the Ministry of Human Resources and Emiratisation (MOHRE).
At Prodigy Corporate Services, we can assist you with every step of the company registration process in Sharjah mainland. Contact us today to learn more about our business setup services and how we can help you start your dream business in Sharjah.
Documents required to register a company in sharjah mainland
Here are the documents typically required to register a company in Sharjah mainland:
- Memorandum of Association (MOA): This document outlines the company’s name, objectives, and activities, as well as the names of the shareholders and their percentage of ownership.
- Articles of Association (AOA): This document outlines the company’s internal regulations, including the roles and responsibilities of the shareholders and directors.
- Passport copies and residency visas of shareholders and directors: All shareholders and directors of the company must provide copies of their passport and residency visa.
- No Objection Certificate (NOC): If the shareholders or directors are sponsored by another company or individual, they must provide a NOC from their sponsor allowing them to participate in the new company.
- Proof of a suitable office or warehouse: The company must provide proof of a suitable office or warehouse space to operate their business.
- Trade name reservation certificate: This certificate is issued by the Department of Economic Development (DED) and confirms that the chosen company name is available for use.
- Lease agreement: A lease agreement for the office or warehouse space is required.
- Bank reference letter: A bank reference letter is required to confirm that the shareholders and directors have the necessary funds to operate the company.
- Power of attorney (POA): A POA is required if the shareholders or directors are not able to be physically present in the UAE to complete the registration process.
Please note that additional documents may be required depending on the nature of the business activity and other factors. At Prodigy Corporate Services, we can help you identify and prepare all the necessary documents for company registration in Sharjah mainland.
Advantages of registering a company in sharjah mainland
There are several advantages to registering a company in Sharjah mainland, including:
- Access to a growing market: Sharjah is home to a large and diverse market, with a population of over 1.4 million people. Registering a company in Sharjah mainland gives you access to this growing market and enables you to tap into new opportunities for growth.
- Strategic location: Sharjah is strategically located between Dubai and the Northern Emirates, providing easy access to major business centers and transport hubs. This makes it an ideal location for companies looking to expand their reach in the region.
- Business-friendly environment: Sharjah mainland is known for its business-friendly environment, with streamlined procedures for company registration and a supportive government. The Department of Economic Development (DED) in Sharjah is committed to supporting and promoting the growth of businesses in the emirate.
- Tax advantages: Sharjah mainland offers several tax advantages, including no corporate or personal income tax, no value-added tax (VAT), and no customs duty for goods manufactured within the UAE.
- Strong infrastructure: Sharjah has a strong infrastructure, including modern ports, airports, and transportation systems, making it an ideal location for businesses involved in import/export activities.
- Skilled workforce: Sharjah is home to a skilled and diverse workforce, with a focus on education and training. This provides companies with access to a pool of talented professionals and skilled labor.
- Cultural and lifestyle advantages: Sharjah offers a rich cultural heritage and a high quality of life, with a range of amenities and attractions, making it an attractive location for both businesses and individuals.
At Prodigy Corporate Services, we can help you take advantage of all these benefits and more by providing comprehensive business setup services in Sharjah mainland. Contact us today to learn more.
Exact cost of registering a company in sharjah mainland
The cost of registering a company in Sharjah mainland depends on several factors, such as the type of company, the business activity, and the office or warehouse space required.
To provide an accurate cost estimate, we would need to assess your specific business needs and requirements. At Prodigy Corporate Services, we provide transparent and competitive pricing for all our business setup services.
We invite you to contact us to discuss your business setup requirements and to receive a customized cost estimate. Our team of experts can guide you through the entire company registration process and help you choose the most cost-effective solution for your business.
FAQ'S
Frequently Asked Questions
What are the steps involved in registering a company in Sharjah mainland?
The steps involved in registering a company in Sharjah mainland include obtaining a trade name reservation certificate, drafting the memorandum and articles of association, obtaining initial approval from the Department of Economic Development (DED), signing the legal documents, and obtaining the final license from the DED.
How long does it take to register a company in Sharjah mainland?
The registration process typically takes between 7-10 working days, depending on the complexity of the company structure and the completeness of the documents.
What are the costs involved in registering a company in Sharjah mainland?
The costs involved in registering a company in Sharjah mainland depend on several factors, including the type of company, the business activity, and the office or warehouse space required. At Prodigy Corporate Services, we provide transparent and competitive pricing for all our business setup services.
Do I need to have a UAE national sponsor to register a company in Sharjah mainland?
No, you do not need to have a UAE national sponsor to register a company in Sharjah mainland. However, it is mandatory to have a local service agent (LSA) who is a UAE national and who can assist with administrative tasks such as obtaining visas and licenses.
What types of business structures are available for registering a company in Sharjah mainland?
The types of business structures available in Sharjah mainland include Limited Liability Company (LLC), Sole Proprietorship, Civil Company, and Branch or Representative Office.
Do I need to have a physical office or warehouse space to register a company in Sharjah mainland?
Yes, you need to have a physical office or warehouse space to register a company in Sharjah mainland. The company must provide proof of a suitable office or warehouse space to operate their business.
At Prodigy Corporate Services, we are committed to providing our clients with expert guidance and support throughout the company registration process in Sharjah mainland. If you have any other questions or would like to learn more about our services, please do not hesitate to contact us.
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