Setting up a company in Sharjah is a great option for investors and entrepreneurs looking for a dynamic business environment that combines rich traditions with modern innovation. As an economically and culturally advanced emirate, Sharjah offers many advantages that make it an ideal destination for setting up a business. Strategically located on the eastern coast of the UAE, Sharjah offers access to key markets in the Gulf and Middle East, making it a vital focal point for global trade.

Sharjah is characterized by its advanced infrastructure and diverse economic environment, allowing companies to operate in a wide range of sectors. The emirate offers ample opportunities for growth and expansion thanks to the presence of several free zones that offer attractive economic and tax incentives. In addition, the Sharjah government supports investors through flexible policies and simplified procedures for establishing companies, making it easy for investors to enter the market quickly and efficiently.

Sharjah is also a major cultural and educational hub in the region, which makes it attractive for businesses looking for a business environment that combines economic growth with a balanced community life. Sharjah offers investors multiple options in terms of the type of companies that can be established, whether it is a limited liability company, a branch of an international company, or a company in one of the specialized free zones.

In addition, Sharjah has a supportive regulatory environment that preserves the rights of investors and enhances their confidence in the continuity of their businesses. By cooperating with specialized companies such as “Itqan”, investors can obtain the necessary support to establish their companies in Sharjah in the best possible way. This cooperation ensures that all legal and administrative aspects are carried out in a smooth and efficient manner, allowing investors to focus on growing their businesses and achieving success in a growing and diverse market such as Sharjah.

Documents required to establish a company in Dubai

Establishing a company in Dubai requires collecting a set of basic documents to ensure compliance with legal and administrative requirements. With the cooperation of Itqan Company, you can speed up this process and get the necessary support. Here is a list of documents required to establish a company in Dubai: Basic documents required:

• Passports: Copies of passports of all partners and key investors. Passports must be valid.
  Residence Permit: If partners or directors are UAE residents, copies of their residence permits must be provided.
  Articles of Association: A copy of the Articles of Association that includes details of the partners, type of company, purpose of the company, and legal structure. The agreement must be notarized by a notary public if necessary.
  Business Plan: A document containing a detailed business plan outlining the business activity, services or products offered, growth strategy, and market analysis.
  Company Name: Choose a trade name for the company and submit it for approval. The name must comply with the legal guidelines for naming companies in Dubai.
  Government Approvals: For some business activities, you may need to obtain approvals from certain government agencies, such as the Ministry of Health, the Department of Economic Development (DED), or other relevant regulatory body.
  Lease Contract: A lease agreement for the company’s location or office space, where the location must comply with legal requirements and specifications.
  Registration Certificates: If the company is a branch of an international company, the parent company’s registration certificate must be provided.
  Power of Attorney: If there are agents or representatives acting on behalf of the company in the incorporation procedures, a power of attorney signed by the partners or directors must be submitted.
  Additional Documents: Local authorities may require additional documents depending on the type of business activity and the geographical location of the company.

By working with Itqan, this process can be greatly simplified. Itqan provides support in collecting and preparing the required documents, preparing and submitting the necessary applications, and ensuring that you comply with all legal requirements. This includes providing advice on choosing a trade name, preparing the articles of association, and obtaining the necessary approvals. The Itqan team also helps expedite the procedures and avoid any potential delays, which contributes to starting your business smoothly and efficiently.

Tax benefits of setting up a company in Dubai

Dubai is one of the world’s leading destinations for setting up businesses, thanks to its supportive economic environment, advanced infrastructure, and its drive to attract foreign investment. Among the factors that make Dubai a preferred destination for investors are the tax benefits it offers, which form a key part of its strategy to attract entrepreneurs and international companies. Dubai offers a range of tax incentives that enhance its appeal as a global business hub, helping businesses make the most of their investments in a stable and favorable environment. Tax Benefits of Setting Up a Business in Dubai

• Exemption from corporate income tax: Dubai is one of the few destinations that does not impose corporate income tax in most cases, which means that companies can retain all of their profits without having to pay taxes on the income generated.
• VAT Exemption in Free Zones: Many free zones in Dubai offer VAT exemption on sales and services, helping businesses reduce operating costs and increase their competitiveness.
• No personal income tax: Dubai does not impose taxes on personal income or profits earned by owners and investors from their companies, providing them with a significant financial advantage.
• Facilitating establishment procedures: Dubai provides a flexible regulatory environment, where legal and administrative procedures for establishing companies are facilitated, which reduces administrative costs and enhances operational efficiency.
• Advantages of Free Zones: Free zones in Dubai offer a range of tax incentives, including exemption from income and profit taxes, and exemption from export and import duties, which contribute to improving profit margins and reducing costs.
• Tax settlement when transferring profits: Companies registered in free zones can transfer profits abroad without paying additional taxes, which enhances the flexibility of international financial transactions.
• Supporting foreign investment: Dubai offers special incentives to foreign companies, including tax exemptions on investments in specific sectors, which encourages attracting more foreign direct investment.
• Intellectual Property Rights Protection: Dubai provides a legal environment that protects intellectual property rights, which enhances the confidence of companies in protecting their innovations and businesses without fear of violations.
• Special tax breaks for strategic projects: The Dubai government is offering tax breaks for strategic projects that support innovation and technology, helping to boost the growth of businesses in these sectors.
• Transparent and flexible tax system: Dubai’s tax system offers transparency and flexibility, helping businesses plan financially and deal with any changes in tax laws effectively.

The tax benefits offered by Dubai are a key part of its appeal as a global business and investment hub. With comprehensive tax exemptions and facilities offered in free zones, companies can benefit from a superior business environment that will enable them to grow sustainably and succeed in the long term.

Our company’s role in establishing a company in Sharjah

Establishing a company in Sharjah is an ideal opportunity for ambitious investors seeking to enter a business environment that combines rich traditions with rapid economic development. With its advanced infrastructure and strategic location, Sharjah opens its doors to companies of all sizes and sectors, making it an attractive investment destination in the UAE. By establishing your company in Sharjah, you can benefit from the unique advantages that the emirate offers, such as tax exemptions, flexibility in choosing the type of business activity, and government support that enhances business sustainability and growth.

Working with Itqan in the process of establishing your company in Sharjah can be a crucial element in the success of your project. With its extensive experience in the field of company formation and its complete knowledge of local regulations and laws, Itqan ensures that all necessary procedures are smooth and efficient. This type of professional support not only helps in speeding up the incorporation process, but also ensures full compliance with local laws, reducing legal risks and saving you time and effort.

In addition, Sharjah offers an investment environment that supports innovation and growth, with free zones offering attractive incentives including 100% foreign ownership and no restrictions on repatriation of profits. These factors make Sharjah an ideal location for companies looking to expand their business into regional and international markets. With the government’s drive to promote economic diversification and attract investment, setting up your business in Sharjah today can be a strategic step towards long-term success.

In short, establishing a company in Sharjah in cooperation with Itqan Company provides you with everything you need to successfully launch in an ideal business environment. Whether you are planning to start a small project or expand your business operations, Sharjah offers you the opportunities and capabilities necessary to achieve your goals, with professional support that guarantees your comfort and reassurance every step of the way.

Frequently asked questions about establishing a company in Sharjah