Sharjah Mainland-Company Setup in Dubai | Company Formation in Dubai and UAE

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Sharjah Mainland

Sharjah, one of the seven emirates of the United Arab Emirates (UAE), offers a favorable environment for entrepreneurs to establish their businesses. The emirate’s strategic location, robust infrastructure, and business-friendly policies make it an attractive choice for both local and international investors. LLC company formation & business setup in sharjah mainland can be an exciting endeavor with numerous opportunities, but navigating the process can seem overwhelming without proper guidance. Nestled along the coast of the Arabian Gulf, Sharjah Mainland stands as a testament to the harmonious coexistence of tradition and progress in the United Arab Emirates. As one of the seven emirates, Sharjah holds a distinct position, valuing its heritage while embracing modernity. While rooted in tradition, Sharjah Mainland has not shied away from embracing economic diversification and modern development. The emirate has strategically nurtured industries such as manufacturing, trade, and services to reduce its dependence on oil revenue. Sharjah’s Hamriyah Free Zone and Sharjah Airport International Free Zone have attracted international businesses, facilitating trade and investment.

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Advantages Of Business Setup In Sharjah Mainland

Strategic Location
Sharjah’s mainland is strategically positioned, providing easy access to major markets in the Middle East, North Africa, and South Asia. Its proximity to Dubai and other emirates further enhances its connectivity.
Diverse Economy
Sharjah boasts a diverse economy with thriving sectors such as manufacturing, trade, tourism, education, and healthcare. This economic diversity can provide a range of opportunities for various types of businesses.
Infrastructure and Connectivity
The emirate offers well-developed infrastructure, including modern road networks, ports, airports, and communication systems. This infrastructure facilitates efficient business operations and seamless connectivity.
Business-Friendly Environment
Sharjah has worked to create a business-friendly environment by streamlining procedures, reducing bureaucracy, and enhancing government services. The emirate’s commitment to supporting businesses contributes to a smoother setup process.
Cultural and Heritage Appeal
Sharjah is known for its rich cultural heritage and commitment to preserving its traditions. This can be advantageous for businesses in sectors such as tourism, arts, and cultural exchange.
Cost-Effective Setup
Setting up a business in Sharjah mainland can often be more cost-effective than in some other neighboring emirates. The costs associated with licenses, permits, and real estate can be competitive, making it attractive for startups and small businesses.

Business Activity Selection

Choose the type of business activity you intend to conduct. This is a critical step as it determines the licenses and permits you’ll need.

Choose a Local Sponsor

For mainland LLC formation, you’ll typically need a UAE national (sponsor) who will hold a 51% ownership in the company. This sponsor is often a silent partner and does not actively participate in the business.

Trade Name Reservation

Select a unique and appropriate trade name for your company. The name must reflect the nature of your business and follow UAE naming guidelines. You’ll need to get this name approved by the Department of Economic Development (DED).

Initial Approval

Submit the required documents, including a proposed Memorandum of Association (MOA), to the DED for initial approval. The MOA outlines the business activities, ownership distribution, and other relevant details of the company.

Lease Agreement

You’ll need to provide a lease agreement for a physical office space in Sharjah. The location of the office should be in a commercial or industrial area, depending on your business activity.

Capital Requirements

The minimum capital requirement for LLC formation can vary depending on the business activity. While there used to be a mandatory minimum capital requirement, many Emirates, including Sharjah, have moved away from this requirement in recent years. Instead, the capital requirement might be symbolic.