Sharjah supports a diverse range of business activities including trading, manufacturing, services, and professional operations. The emirate particularly encourages investments in education, healthcare, tourism, logistics, and creative industries. Certain activities may require additional approvals from relevant authorities, especially those related to food, health products, education, or environmentally sensitive operations.
The minimum capital requirement varies based on your chosen business structure. For mainland companies, requirements typically start from AED 150,000, though this is often a declared figure rather than deposited capital. Many free zones in Sharjah offer options with no minimum capital requirements, making them accessible entry points for entrepreneurs with limited initial investment.
The complete business setup process in Sharjah typically takes 2-4 weeks for free zone establishments and 3-6 weeks for mainland companies. The timeline depends on your business activity, documentation readiness, and specific regulatory requirements. With our expedited services and established relationships with authorities, we can often reduce these timeframes significantly.
Yes, foreigners can own 100% of businesses in all Sharjah free zones and most mainland business activities following recent UAE legal reforms. Some restricted activities in the mainland may still require a local service agent or partner, though the foreign investor maintains full operational control and profit rights in most cases.
Mainland companies can conduct business throughout the UAE without restrictions and directly engage in local market activities. Free zone companies enjoy 100% foreign ownership, full repatriation of profits, and tax exemptions, but may require a local service agent to operate outside their free zone. Mainland companies typically have higher setup costs but greater operational flexibility compared to free zone entities.
Sharjah companies must renew their trade licenses annually, update their commercial registration, maintain proper accounting records, and comply with UAE economic substance regulations where applicable. Companies must also renew employee visas, maintain a valid office lease, and submit VAT returns if registered for VAT. Free zone companies may have additional compliance requirements specific to their zone.
Yes, some form of physical presence is required for all business setups in Sharjah. However, the requirements vary by license type and location. Many free zones offer flexible options including smart desks, shared workspaces, and virtual offices for certain license categories. Mainland companies typically require a conventional office space with a minimum size determined by your business activity and employee count.
Sharjah businesses can access a wide range of local and international banking services through UAE-based banks. Popular options include Emirates NBD, Sharjah Islamic Bank, ADCB, and international banks operating in the UAE. Most banks offer specialized business accounts with features tailored to company size and operational needs, though opening requirements and minimum balance expectations vary between institutions.