Sharjah Publishing City (SPC) Free Zone
SPC FREE ZONE is one of the latest Free Zones in UAE with its headquarters located at Al Zahia, Sharjah, by the side of Sheikh Mohammed bin Zayed Road (E 311). Though Free Zone Authority’s core licensing activities are Publishing and Printing, it issues licenses for a huge number of activities including General Trading, Consultancies, E-Commerce, IT related business etc.
The Unique Selling Point (USP) of this Free Zone is the beautiful and well-built office facilities available for lease. The captivating ambience of this free zone near to the Carrefour Mall, which is just 15 minutes’ drive from Dubai International Airport, will attract any investor who visit this Free zone.
Company Formation in SPC Free Zone
SPC Free Zone is one of the newest Free Zones in the Emirate of Sharjah. Company Formation in SPC Free Zone is hassle-free due to streamlined company formation process and the availability of inhouse immigration speed up the visa processing for the investors.
The Free Zone offers competitive business license fee starting from AED 9,000 for Zero Visa Quota. It has top-rated business infrastructural facilities for the entreprenuers to easily establish a company and scale up the business in the region. It is a perfect launchpad for startups and entrepreneurs who want to keep the business setup costs as low as possible and easily register a company and start the business operations.
Trade License and Company formation documents are Issued.
E-Channel (Company Immigration) is registered, and Establishment Card is Issued.
Entry Permit or Visa change of status, Medical examination test and emirates ID are issued.
Visa Stamping Investor residence Visa is Stamped.
All Services Under One Roof
SPC Free Zone boasts about delivering services in the shortest time from incorporation to stamping of Investor Visa on passport. Since the immigration is also located at this Free Zone itself, it takes only 7 working days to complete the whole process of company incorporation & Residency stamping of Investor.
The Free Zone caters to a wide range of business requirements of the investors by providing them infrastructure and a business friendly atmosphere to easily set their business and contribute actively to the growing UAE economy.
SPC Freezone offer exclusive state-of-the-art office spaces (furnished & unfurnished), warehouses, storage areas, & shell & Core type offices, 24/7 access to office, availability of meeting room, co-working spaces, and cafes.
The unique feature of SPC Freezone is its authority to issue DUAL LICENSE. A dual license is a combination of Freezone License and Mainland License, issued by the Freezone. In this type of License, the Freezone itself will act as the UAE Local Sponsor holding shares along with the expatriate. The owners need not go around anywhere to obtain dual license and everything is done by Freezone itself. Such dual license is ideal for businesses like general trading, e-commerce etc.
Advantages of SPC Free Zone
- SPC companies can be 100% owned by expatriates
- Availability of any number of Visas depending on the Business Activity
- Can employ any number of expatriate employees based on visa quota
- Different sizes of Office facilities available (furnished & shell and core) with top-notch facilities
- Availability of Dual License ( Freezone and Sharjah mainland LLC )
- Lowest cost Freezone at a most convenient location by the side of Sheikh Mohammed Bin Zayed Road
- Easy opening of Bank Account
Additional Benefits for the Investors
- Avail Dual License Type (Mainland of Sharjah & Free Zone)
- No requirement for capital to establish a company
- Flexible banking options available with the Free Zone
- All immigration facilities available onsite of SPC Free Zone
- No corporate or Personal Income Tax Payable
Type of Company Structure Available in SPC Freezone
Free Zone Establishment (FZE)
Single shareholder company (Individual or corporate entity).
Free Zone Company (FZC)
Multiple shareholders up to 7 (Individual or corporate entity or both).
Branch of a Company
Local Branch (Branch of a UAE Company) & International Branch (Branch of a Foreign Company)
Business Licenses in SPC Free Zone
Commercial License/ Import Export/Trading
General Trading License
Services License
Ecommerce/Trading License
Different Business Packages & Lease Options Available in SPC Free Zone
Package | Details |
---|---|
Publishing Co-Working License Package | Cost starting from AED 5,750 for 1 year (0 visa) |
Co-Working License Package | Cost starting from AED 9,000 for 1 year (0 visa) |
Unfurnished Office Space Package | AED 980/ Sqm yearly (Unfurnished office cost) + License Fee of AED 5,750 for 0 Visa / License Fee of AED 9,250 for 1+ Visas |
Furnished Office Space Package | AED 1,100 / Sqm yearly (Furnished office cost) + License Fee of AED 5,750 for 0 Visa / License Fee of AED 9,250 for 1+ Visas |
Open/Shell & Core Package | AED 400/ Sqm yearly + AED 5,750 License Fee (0 visa) |
Warehouse/Storage Package | AED 480/ Sqm yearly + AED 5,750 License Fee (0 visa) |
SPC Free Zone Company Setup Cost
Investors can avail Special September Offer from the Sharjah Publishing City for the Entrepreneur Package at AED 6,500 for a 1-year license with zero visa quota and lease agreement. The investor can choose two activities by combine any trading, services, and media activities under a single license. The deliverables include the stamped Business License and the Memorandum of Association. The company can be incorporated as a Single Shareholder company and later upgraded depending on the requirements.
SPC Free Zone also offers a 1 year license with a 2-year visa and lease agreement at AED 15,000. The investors can combine any trading, services, and media activity and choose up to two activities under a single license. The business license package also includes fees for trade license, establishment card, e-channel, change status, medical, and Emirates ID.
License packages based on Visa Quota
Number of Visa Allocations | |
---|---|
0 Visa Quota | |
1 Visa Quota | |
2 Visas Quota | |
3 Visas Quota | |
4 Visas Quota | |
5 Visas Quota | |
6 Visas Quota | |
7 Visas Quota |
Visa and Immigration Fees
Details | Rate (AED) |
---|---|
Establishment Card (2 Years) | AED 640 |
E-Channel Registration | AED 2,280 |
Visa & Emirates ID (2 Years Validity) | AED 2,530 |
Change of Status | AED 700 |
Documents Required to Setup Company in SPC Free Zone
To Setup a Freezone Establishment (FZE)
- Application form for Company Registration in SPC Free Zone
- Passport copy of Shareholders, Directors, and Managers
- Visa & Emirates ID copy of Shareholders, Directors, and Managers
- Proof of address of Shareholders (recent utility bill/bank statements, etc.)
- Passport size photograph of the Shareholder (white background)
- Memorandum & Article of Association
- Specimen signature of the proposed Manager
To Setup Branch of a Company
- Company Registration Form
- Owner Declaration document
- Passport copy & photograph of the Manager
- Proof of address of the Manager
- Attested Memorandum & Articles of Association of the parent company
- Attested Certificate of Incorporation of the parent company
- Attested Board Resolution and Power of Attorney of the parent company
- Attested business license of the parent company
FAQs on Business activities, Trading license & more
Free zone companies in Sharjah offer several benefits to businesses operating within them. Among the key benefits are the following:
- 100% foreign ownership: One of the main advantages of setting up a company in a Sharjah free zone is that foreign investors can own 100% of their business. This means they can enjoy complete control over their operations without needing a local partner.
- Simplified company setup: Setting up a company in a Sharjah free zone is straightforward and streamlined. The government supports businesses throughout the process, making it easier and faster to get up and running.
- Access to world-class infrastructure: Sharjah’s free zones are designed to offer businesses access to world-class infrastructure and facilities. This includes modern office spaces, advanced technology, and state-of-the-art logistics and transportation networks.
- Proximity to important markets: Sharjah is located between Europe, Asia, and Africa, making it an excellent location for firms wishing to enter these markets. The city also has two important ports providing easy access to global trade routes.
Overall, free zone companies in Sharjah provide businesses with attractive benefits, simplified setup processes, access to modern infrastructure, and proximity to major markets. These advantages make Sharjah a top destination for businesses seeking a regional presence.
Setting up a business in a Sharjah free zone involves several steps, including selecting a free zone, submitting an application for a license, securing office or warehouse space, obtaining necessary permits and approvals, and opening a corporate bank account.
Business setup in the UAE can be a great opportunity for entrepreneurs looking to expand their business in the Middle East. The cost of starting a business in the UAE can vary depending on the type of company, size of the business, and location.
In Sharjah, for example, entrepreneurs can choose to set up a company in Sharjah free zone like the SPC Free Zone, which offers a number of benefits, such as 100% ownership and the ability to repatriate profits. They also offer a number of business setup packages that start from as low as AED 5,750, depending on the type of business and business activities you opt for.
Business setup in the UAE can be a lucrative opportunity for entrepreneurs looking to expand their business into the Middle East. The process of business setup in the UAE is made easy and streamlined at SPC Free Zone. To start the process, you can either visit SPC Free Zone or call 800 SPCFZ to speak with a Business Setup Advisor who will guide you through the entire process.
To set up your business in the UAE, you will need to collect and process all required documents. This can include legal documents such as trade licenses, lease agreements, and registration certificates. With the help of SPC Free Zone’s Business Setup Advisor, you can complete this process in just 45 minutes.
Additionally, SPC Free Zone offers more than 40 free zone services, including dependent visas and VIP medicals. These services can help you and your employees settle into the UAE quickly and easily, allowing you to focus on growing your business.
In summary, if you’re looking to set up a business in the UAE, SPC Free Zone can provide a simple and efficient process for business setup in the UAE and access to a wide range of free zone services.
Yes, a foreigner can start a business in the UAE. In fact, the UAE is one of the most welcoming countries in the world for foreign investors, with a favorable business environment and a range of incentives for foreign entrepreneurs. One of the most popular options for foreign investors is to set up a company in one of the UAE’s many free zones. These free zones offer 100% foreign ownership, which means that foreigners can fully own and manage their businesses without the need for a local partner.
To start a business in the Sharjah free zones, a foreigner must obtain a company license from the relevant authorities. SPC Free Zone, for example, offers a company license that allows foreigners to establish their businesses in a hassle-free manner. Once the license is obtained, the foreign investor can benefit from the many advantages that come with setting up a business in the UAE.
In conclusion, the UAE provides excellent opportunities for foreign entrepreneurs to start and grow their businesses. By obtaining a company license and taking advantage of the many incentives on offer, foreign investors can enjoy a profitable and successful business venture in the UAE.
Business setup in the UAE is an excellent approach due to its strategic location, stable economy, and favorable tax environment. When it comes to setting up a business in the UAE, there are various services available to ensure a smooth and hassle-free process. One such service provider is SPC Free Zone, which offers a range of business setup services in the UAE.
Among the services provided by SPC Free Zone are company formation, business license issuance, documentation, leasing of facilities, and visa allocation. The company specializes in providing free zone services, which offer many advantages, including 100% ownership, and simplified customs procedures.
Whether you’re looking to set up a new company or expand an existing business in the Sharjah Free Zones. SPC Free Zone can provide the necessary support and guidance. With its comprehensive range of business setup services, including company formation and free zone services, SPC Free Zone is an ideal partner for those seeking to establish a presence in the UAE.
The key benefits that free zones offer are:
- Reduced bureaucratic procedures: Free zones often have simplified registration procedures, allowing companies to start operations quickly and with minimal paperwork.
- 100% foreign ownership: In many free zones, foreign investors can own 100% of the company, without the need for a local partner or sponsor.
- Access to infrastructure: Free zones often offer state-of-the-art infrastructure, including advanced telecommunications, transportation, and logistics facilities.