Free Zone Business Setup in Sharjah

A free zone business setup company also helps owners set up an offshore company in Dubai. By setting up an offshore company you can register your company and let it operate outside its boundaries. It does not require initial capital to be presented as collateral. You can set up an offshore company with the assistance of a third party sponsor instead of financing it by yourself. Business set up service providers help businessmen by registering the company in the regional tax invoicing facility efficiently. They ensure that the company complies with the offshore regulations which are set by the council. These regulations comply with the international standard of the company accordingly. Most regulations are stringent and are tailored to prevent anti-money laundering activities.

Companies which provide free zone business setup services seek approval from the free zone department of the UAE. Ministries, department of planning and civil defence. They help business owners set up company bank accounts and administer the initial process. By setting up a free zone company in Abu Dhabi you can enjoy a lot of benefits. A free zone company will entitle you 100 % ownership of the company, maintain a secret environment and enable you to liquidate at any given point in time. They are not taxable, allow you to conduct international trade and own a property in the Gulf region.

Before setting up a free zone company a business owner needs to obtain a valid license which is issued by the Gulf corporation counsel. This license entitles you to conduct both national and international trade operations. The council provides four different trade licenses which include trade license, industrial license, service license and national industrial license. A trade license entitles companies inside the UAE to conduct import and export operations on a large scale. An Industrial license legally incorporates production and supply of services outside the UAE and also within the trade zone. If you obtain this license you get an approval from the economic department. A service license will entitle you to perform banking operations and establish contracts which comply with the rules set by the governing body. A national industrial licence will grant manufacturers the right to distribute products in the UAE.

Setting up a free zone company does not require a minimum capital investment but however, you need to pay a minimum about to the Gulf corporation council for setting up the company. You need to choose a suitable trade name for your company which must comply with the free zone authority or the department of economic development (DED). Free zone business setup service providers ensure that the DED approves the trade name by verifying the name with the registry accordingly. The DED ensures that the term does not violate the public morals or the public order of the country, They ensure that the name must relevant to the type of business and that the company has not been previously registered. They make sure that the name is compatible with the required type of activity and legal status and does not contain names or logos of governing bodies or other well-established companies.Some popular locations to find companies which provide free zone business setup service in Sharjah are SAIF zone, Industrial area 11, King Faisal Road, Industrial area 3, Airport road and Industrial area 6.