The cost of establishing a business license in Sharjah

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Find out the cost of establishing a business license in Sharjah because Sharjah, one of the seven emirates in the United Arab Emirates, is an ideal destination for investors and businessmen looking to start their businesses. Sharjah is distinguished by its strategic location, rich history, and diverse culture, making it an attractive environment for investment. In addition, the Sharjah Government is committed to providing full support to stimulate businesses by providing various facilities and services that contribute to establishing a commercial license easily and conveniently.

In this article, we will discuss in detail the steps necessary to create a commercial license in Sharjah , the advantages offered by this license, in addition to the conditions that must be met to obtain it. This comprehensive guide will help you better understand the procedures and requirements, allowing you to make the most of the investment opportunities available in the emirate.

The cost of establishing a business license in Sharjah

Steps to create a commercial license in Sharjah

The process of establishing a commercial license in Sharjah is an essential step for any business that wishes to operate legally within the emirate. This process includes several important steps that must be followed carefully to ensure obtaining the license smoothly and quickly. Below is a breakdown of the most important of these steps:

Electronic submission

The first step to obtaining a commercial license in Sharjah is electronic application. The Department of Economic Development in Sharjah has provided an easy-to-use electronic platform that enables investors to submit their applications online without the need to visit government offices. Investors can fill out the required electronic form and enter all the basic information for the business activity to be established, such as the type of business activity, the legal form of the company, and its proposed location.

Attach the required documents

After completing the electronic application, investors must attach a set of necessary documents to support their application. These documents usually include a copy of the applicant’s passport and photo, as well as the lease contract for the proposed business location and a detailed business plan for the business. You must ensure that all documents are up to date and correct to avoid any delays in the approval process.

Payment of fees

The final step in the process of creating a commercial license comes with paying the required fees. The fee varies depending on the type of business, location, and company size. Fees can be paid electronically through the platform itself or through other payment methods provided by the Department of Economic Development. After confirming payment, the department will review the application and attached documents and make the final decision regarding granting the license.

By carefully following these three steps, investors can obtain a commercial license in Sharjah easily and transparently, allowing them to start their business activities legally and take advantage of the business opportunities available in the emirate.

Advantages of a commercial license in Sharjah

The commercial license in Sharjah is considered one of the vital tools that contribute to enhancing the economic environment and facilitating doing business. Below we review some of the basic features that make obtaining a commercial license in Sharjah an attractive option for entrepreneurs and investors:

Ease of procedures

Sharjah is distinguished by providing smooth and simplified procedures for obtaining a commercial license, as investors and entrepreneurs can submit their applications online through the electronic services portal. This system allows submitting the required documents and following up on the application status quickly and effectively without the need to visit multiple government offices. In addition, government departments in Sharjah provide integrated support and clear guidelines to assist applicants in fulfilling all requirements and procedures.

Tax exemptions

Tax exemptions are one of the most important advantages that Sharjah offers to investors. The emirate offers various tax incentives, including exemption from personal income tax and corporate tax, which enhances investment attractiveness and contributes to reducing the operational costs of commercial projects. These exemptions help investors achieve better returns and increase profitability, which encourages the creation of more businesses and investment in the emirate.

Government support

Commercial projects in Sharjah receive great support from the local government, which seeks to provide an encouraging and sustainable business environment. Government support initiatives include providing training and development programs for female and male entrepreneurs, in addition to providing platforms for communication and interaction with investors and consumers. The government also provides financing and financial support programs for startups and small and medium enterprises, which contributes to enhancing the growth and expansion of businesses in the emirate.

With these three advantages, Sharjah becomes an ideal destination for investors and entrepreneurs seeking to start and develop their businesses in an environment that supports success and sustainability.

Conditions for obtaining a commercial license in Sharjah

To obtain a business license in Sharjah, applicants must adhere to certain conditions to ensure the process runs smoothly and efficiently. These terms include several legal and administrative aspects that must be taken into account. Below we review the most important required conditions:

Legal capacity

Legal capacity is one of the most important conditions that applicants must meet to obtain a commercial license in Sharjah. The applicant must be of legal majority and have full legal capacity to engage in commercial activities. In addition, the applicant must be a citizen of the United Arab Emirates or hold a valid legal residency in the country.

Required Documents

To obtain a commercial license, you must submit a set of necessary documents, which include:

A copy of the passport and Emirates ID: to ensure the validity of the applicant’s identity.
Proof of business address: such as a lease contract or property ownership.
Business Plan: Submitting a detailed business plan that explains the nature of the business activity and its objectives.
Initial approval from relevant authorities: Some activities require special approvals from specific government agencies.
No objection certificate: from the sponsor for expatriates.
Personal photos: A number of recent personal photos.

Commitment to business activities

Applicants must adhere to the business activities authorized within the business license provided. Proposed activities must be compatible with Sharjah laws and specific regulations. It is also necessary to adhere to health, safety and environmental standards imposed by the concerned authorities. If you wish to add or change business activities, you must obtain the necessary approvals and amend the license in accordance with applicable laws. By observing these conditions, it becomes possible to obtain a commercial license in Sharjah easily and conveniently, allowing investors to start their businesses legally and safely.

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Cost factors for establishing a business license in Sharjah

The cost of establishing a business license in Sharjah depends on several key factors, including:

Type of license : The cost of the license varies based on the type of business activity. For example, a business license may be less expensive than an industrial or professional license.
Location : The rental cost for an office or workplace in Sharjah affects the overall cost. Premium locations may be more expensive than other areas.
Free Zone or Economic Zones : If you choose to register in a free zone, fees may vary based on the free zone you choose. Free zones often offer additional incentives and facilities.
Business size : The number of businesses and services you will offer can affect the cost of the license. A license that includes multiple activities may be more expensive.
Total number of employees : In some cases, there may be additional fees based on the number of employees or the size of the company.
Additional Licenses and Permits : Some activities may require additional licenses or permits, which increases the cost of establishment.
Legal consulting and services : Fees for legal consulting, translation services, and trademark registration can add to the cost of establishing a license.
License renewal : License renewal fees must be taken into consideration, as license renewal requires paying annual fees.
Instant or expedited licenses : If you need to obtain a license quickly, there may be an additional fee for expedited application services.
Insurances and Guarantees : In some cases, you may need to provide additional guarantees or insurances as part of the license process.

Make sure to review all details with the Sharjah Economic Development Department or the relevant offices to ensure a full understanding of all costs associated with establishing a trade licence

In conclusion, we find that the process of establishing a commercial license in Sharjah proceeds in organized and clear steps, which makes it easier for investors and entrepreneurs to start their commercial projects efficiently and quickly. The advantages of a commercial license in Sharjah are highlighted by the ease of procedures followed, tax exemptions that help reduce costs, and continuous support from the government that enhances the economic environment in the emirate. On the other hand, investors must adhere to the specific legal conditions and required documents to ensure obtaining a commercial license easily and without complications. These conditions require that businesses adhere to the laws and regulations applicable in Sharjah to ensure the continuity and success of the business. Sharjah provides an encouraging and stimulating investment environment, making it an ideal destination for starting and developing businesses. By following the right steps and adhering to the specified conditions, investors can take advantage of the available opportunities and achieve success in their business projects. We hope that this article has provided you with a comprehensive and useful overview of how to create a commercial license in Sharjah, and that it will be a practical guide for everyone seeking to enter the world of business in this promising emirate.