Establishing a company in Sharjah, Sharjah is one of the most prominent investment destinations in the United Arab Emirates, characterized by its strategic location, advanced infrastructure, and supportive economic environment for business. Thanks to the continuous efforts to develop the emirate and improve its investment climate, Sharjah has become a vital center for start-ups, small and medium-sized enterprises, and it also offers promising opportunities for investors wishing to expand and thrive in the UAE market. The emirate offers a wide range of opportunities in various sectors such as trade, industry, logistics, and education, making it an attractive option for entrepreneurs from all over the world.

Sharjah is characterized by many facilities that make the process of establishing companies easy and smooth, including free zones that allow foreign investors full ownership of their companies and attractive tax exemptions, in addition to relatively low costs compared to some other emirates. These factors, in addition to government incentives and flexible legislation, contribute to attracting more investors to the emirate.

In this context, Itqan plays a pivotal role in supporting investors and helping them establish their companies in Sharjah. With its extensive experience and specialized team in all legal and administrative aspects, Itqan helps investors overcome potential complications and provides the necessary consultations to ensure that the company is established correctly and legally. The company also provides integrated services that include choosing the appropriate legal structure for the company, completing official procedures, and obtaining the required licenses quickly and efficiently.

Opening a company in Sharjah in cooperation with Itqan Company represents a strategic step towards success in a competitive and dynamic market. Through this cooperation, investors can make the most of the available opportunities and avoid potential challenges, paving the way for the growth and sustainability of their businesses in one of the most promising markets in the region.

Types of companies that can be established in Sharjah

The Emirate of Sharjah is one of the ideal destinations for investors looking to establish a company in the United Arab Emirates, thanks to its strategic location between other major emirates such as Dubai and Abu Dhabi, and the availability of a competitive and stimulating business environment. Sharjah is characterized by economic diversity, as it offers various investment opportunities in sectors such as industry, trade, education and logistics, making it a preferred destination for investors from all over the world. In addition, the emirate provides flexible legal and administrative facilities, as well as many free zones that allow investors to benefit from multiple economic and commercial advantages, such as tax exemptions and 100% foreign ownership. Here are the main types of companies that can be established in Sharjah:

• Limited Liability Company (LLC): The Limited Liability Company (LLC) is the most common type of company in Sharjah, and can be established by both local and foreign investors. There must be a local partner who owns 51% of the company on the mainland, while the foreign investor owns 49%. This type of company is suitable for large and medium-sized businesses.
• Companies in Free Zones: Sharjah has several free zones such as Hamriyah Free Zone Authority and Sharjah Airport International Free Zone. In these zones, foreign investors can establish their companies with 100% ownership, in addition to enjoying tax exemptions and facilities in import and export operations. These companies are ideal for investors who want to export products or provide international services.
• Offshore companies: Offshore companies are a suitable option for investors who are looking to establish a company that does not conduct business within the UAE but is used for purposes such as asset management or international trade. Foreign investors can establish this type of company in Sharjah, as it provides them with benefits such as tax exemption and confidentiality of financial information.
• Local Branches of Foreign Companies: If you have an existing company abroad and want to expand your business to Sharjah, you can open a local branch of the company. This branch can practice the same business activities as the parent company, and enjoys many legal benefits and facilities.
• Professional companies: Professional companies are intended for individuals who wish to provide professional services such as consulting, engineering, accounting, or medicine. These companies do not require a local partner and allow foreign investors to own them completely, but they require obtaining special licenses from the competent authorities depending on the type of activity.
• Civil companies: Civil companies are suitable for people who want to establish professional partnerships such as law or civil engineering. This type of company allows full foreign ownership, provided that all activities are within the scope of the partners’ professional skills.

Establishing a company in Dubai offers investors a wide range of options that suit their goals and type of business activities. Thanks to the facilities provided by the emirate, entrepreneurs can choose the most appropriate model to establish their companies and move towards achieving success and growth in a thriving economic environment.

Documents required to establish a company in Sharjah

Establishing a company in the Emirate of Sharjah is a strategic step for investors wishing to enter the UAE market and benefit from Sharjah’s strategic location and flexible business environment. Thanks to the facilities provided by the government and the advanced infrastructure, Sharjah is an attractive destination for entrepreneurs from all over the world. Whether you want to establish a company on the mainland or in one of the free zones, Sharjah offers you a variety of options that allow you to start your business easily and quickly. However, the process of establishing a company requires following some legal and administrative procedures, including submitting a set of necessary documents that vary according to the type of company and the region in which it is established. Here are the documents required to establish a company in Dubai :

• Copy of Passport: All partners or shareholders must provide clear copies of valid passports. This copy must be up to date and include all important pages, including the photo page and visas if applicable.
• Passport size photo: Providing a recent passport size photo for each partner or shareholder is a basic requirement, and these photos must conform to the official standards used in government documents.
• Copy of Residence or Visit Visa (if applicable): If any of the partners or shareholders are residents of the UAE or have a visit visa, a copy of the valid visa must be submitted as part of the required documents.
• Proof of Address: Partners must provide proof of their residential address in their home country or in the UAE, which can be in the form of a recent utility bill or rental agreement.
• Business Plan: A detailed business plan is an important document that outlines a company’s goals, anticipated business activity, business structure, and the services or products it will offer. This plan helps government agencies assess a company’s business activity.
• Company Articles of Association (MOA): This agreement specifies the company structure, the rights and obligations of the partners, the capital, and the objectives of the company. The agreement must be prepared in accordance with the laws in force in Sharjah and notarized by the competent authorities.
• Partnership Agreement (if applicable): If the company will involve a partnership between several parties, a partnership agreement must be submitted that explains the distribution of shares and responsibilities among the partners.
• Office Lease or Address: The company must have a registered business address in Sharjah. This can be through renting an office or workspace, and the lease or documents proving the existence of the company’s headquarters must be provided.
• Security clearance: In some cases, special security clearance may be required for foreign partners or for companies operating in certain sectors, especially if they involve strategic or sensitive activities.
• Approval from the competent authorities: Depending on the type of business activity that the company will undertake, additional approvals may be required from specialized government authorities, such as the Department of Economic Development or other regulatory bodies in Sharjah.

Establishing a company in Sharjah requires compliance with these requirements and submitting the required documents in the correct manner to ensure the process is facilitated and procedures are accelerated. By working with a specialized company such as Itqan, investors can overcome any potential obstacles and establish their companies efficiently and flexibly, allowing them to focus on developing their business and achieving success.

Our company’s role in establishing a company in Sharjah

In conclusion, setting up a company in Sharjah is a strategic move for any investor looking to expand their business in a dynamic and growing business environment. The emirate offers a number of competitive advantages that make it an ideal destination for entrepreneurs, from relatively low costs to tax incentives and administrative facilities that help facilitate the process of starting a business. Sharjah’s strategic location near Dubai and other economic hubs in the UAE also makes it an important hub for expanding businesses into regional and international markets.

Partnering with Itqan on this journey is an added value for any investor, as the company has extensive experience in company formation and a thorough knowledge of the legal and administrative procedures required to establish a company in Sharjah. With the support provided by Itqan, investors can overcome potential obstacles and benefit from specialized consultations that contribute to accelerating the establishment process and ensuring compliance with all local laws and regulations. Moreover, the company provides customized solutions that suit the needs of each client, ensuring a strong foundation for the company and achieving long-term success.

Choosing Sharjah as a business setting up destination enhances the opportunities for growth and expansion in one of the fastest growing markets in the region, as this option combines economic stability with multiple incentives. In cooperation with Itqan, investors are well positioned to benefit from all the available advantages, with full support at every step of the establishment process, starting from choosing the appropriate legal structure to completing all procedures and licenses.

Ultimately, establishing a company in Sharjah with Etqan is a smart and profitable investment decision in the long run. Whether you are looking for a favorable business environment or want to take advantage of promising economic opportunities, Sharjah certainly has everything you need to succeed, with the support of partners like Etqan who facilitate the path towards achieving your business goals.

Frequently asked questions about establishing a company in Sharjah