Business Setup in Sharjah
Sharjah is the third largest Emirate of UAE. The Emirate of Sharjah extends along 16 kms of UAE’s Gulf Coastline & more than 80kms into the interiors. In addition there are three enclaves, these are Kalba, Khor Fakkan & Dibba Al Husn. Area- wise it covers 2600 kms. Sharjah has been fast emerging as a cost-effective alternative to Dubai for setting up business due to the presence of an International Airport that ensures global air links and dual ports on the west and east coasts of the Arabian Gulf having direct access to North Africa and Indian Ocean.
Sharjah is known for its strength as thhe industrial backbone of the U.A.E… 40% of the total number of industries in the U.A.E. is based in Sharjah. The majority of these industries are petrochemicals, textiles, leather, food and basic non-metal industries. Due to Its strategic location offers unmatched possibilities for investors, and therefore sees the sum of of approximately 5.2 million investors, consumers and tourists per year.
Mainland Company Formation
- 100% foreign ownership
- Tax benefits
- Duty free
- Low operational cost
- Exemption from all import and export duties
- Low freight charges
- Free transfer of funds and no foreign exchange control