Meet Afreen Razak, a seasoned marketing professional with a strong emphasis on content writing and a decade of experience in the industry. With a specialization in social media, brand development, and digital marketing, Afreen possesses a well-rounded skill set that drives impactful marketing strategies. With her exceptional content writing skills, Afreen crafts compelling narratives that captivate audiences and align with brand messaging. She has a keen eye for storytelling and knows how to leverage persuasive language to engage and convert target customers. Her proficiency in crafting SEO-friendly content ensures maximum visibility and organic reach.
In a culturally diverse area with a varied population, it’s expected that the food and grocery retail sector in the UAE will experience significant growth. The UAE supermarket industry is thriving, dynamic, and profitable, with a strong presence of hypermarkets, a growing online grocery segment, and a focus on food products. Hypermarkets such as Lulu, Carrefour, Spinneys, Choithrams, and Union Cooperate – the major players in the industry – offer a wide variety of products under one roof, making them a popular choice.
Supermarkets and superstores, too, are experiencing steady growth, and this expands to convenience stores as well. For an entrepreneur in the UAE who is looking to break into its grocery industry, there are two exceedingly useful business activities you can choose from. So, let’s explore them both.
It’s good to note that both of these activities are eligible for an instant license from SPC Free Zone upon application. Along with an instant license, SPC Free Zone offers aspiring entrepreneurs a guaranteed banking account in five working days, unlimited visas for partners, investors, and employees, and a host of other benefits.
4711.00 – Retail sale in non-specialized stores with food or beverages predominating
This type of retail store falls under the category of general stores that sell a wide variety of goods, but with a focus on food and beverages. While they predominantly sell food and beverages, they can carry a selection of other everyday goods. However, the core focus here is food and beverages.
An entrepreneur can think of these stores as a one-stop shop for essentials and household items, with a strong emphasis on food and drinks. Examples include corner stores, convenience stores, and small-scale supermarkets. They are typically smaller than hypermarkets but larger than convenience stores with a more limited selection. They cater to everyday needs and are often located in residential neighbourhoods for easy access.
As a business, a non-specialized grocery store can be incredibly profitable. It involves coordination with suppliers, training employees, focusing on customer satisfaction, and learning the needs of your clientele based on the location and food trends, along with top-notch maintenance, accounting, and business management abilities.
It’s important to note that this business activity does not allow retail sale of fuel. Essentially, grocery stores that also function as fuel stations do not fall under this activity.
Third-party Approval: Approval from the Sharjah Food Authority is required for this business activity, post obtaining your trade license.
Filing of Economic Substance Return: Business activity 4711.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 4711.00 is exempt from this requirement
4711.01 – Retail sale of a large variety of goods of which, however, food products and beverages should be predominant
An entrepreneur looking to establish a hypermarket or large-scale supermarket would typically veer towards this business activity. It enables the selling of food and beverages, but go beyond just groceries. These stores stock a diverse range of merchandise, including clothing, furniture, appliances, hardware supplies, cosmetics, and more. When it comes to hypermarkets and large-scale supermarkets, the potential for growth is immense, if done right. It entails managing relationships with suppliers, training staff, prioritizing customer satisfaction, understanding local customer preferences and food trends, and maintaining excellent standards in maintenance, accounting, and overall business management.
It’s important to note that this business activity does not allow retail sale of fuel. Essentially, grocery stores that also function as fuel stations do not fall under it.
Third-party Approval: Approval from the Security Industry Regulatory Agency (SIRA) / Food Safety Department (Sharjah Municipality) is required for this business activity, post obtaining your trade license.
Filing of Economic Substance Return: Business activity 4711.01 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 4711.01 is exempt from this requirement
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
With the boom of the economy and entrepreneurship in the UAE, the demand for services related to printing is on the rise as well. The printing services industry itself is poised for steady growth, aligning with the UAE’s plan to become the global 3D printing hub by 2030.
When it comes to printing, however, the number of adjacent services that it requires is numerous. For example, a book that is printed needs efficient binding services. To print on wood or plates, the surfaces themselves need to be prepped and optimal. As such, entrepreneurs who wish to enter the print and publishing industry can choose from a range of business activities.
For all of the below business activities, entrepreneurs can receive instant licensing from SPC Free Zone, coupled with a guaranteed banking account within five working days and unlimited visas for investors, employees, and partners. You can also access a free online business cost calculator to understand how much your business setup process will cost.
So, let’s explore what these business activities could be.
1812.00 – Service activities related to printing
For entrepreneurs who wish to establish a business with a broad range, this is your ticket to getting your business up and running. From binding to engraving, etching, design of printing products, artwork, and more, this business activity is a smart choice for aspiring entrepreneurs in the printing services industry.
Third-party Approval: Approval from the Ministry of Culture and Youth – Media Regulatory Office (MRO) is required for this business activity, post obtaining your trade license.
Filing of Economic Substance Return: Business activity 1812.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.00 is exempt from this requirement
1812.01 – Binding of printed sheets, e.g. into books, brochures, magazines, catalogues etc., byfolding, assembling, stitching, glueing, collating, basting, adhesive binding, trimming, gold stamping
Preparing books, magazines, brochures, and catalogs for distribution isn’t as simple a task as consumers may think. Apart from the actual printing process itself, it involves binding, byfolding, assembling, stitching, glueing, collating, basting, adhesive binding, trimming, and gold stamping. This can apply to various printed materials, apart from the ones specified above. For book printers and those in the publishing industry, this activity is key.
Third-party Approval: Obtaining Police Approval is required for this business activity, prior to obtaining your trade license.
Filing of Economic Substance Return: Business activity 1812.01 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.01 is exempt from this requirement
1812.02 – Composition, typesetting, phototypesetting, pre-press data input including scanning and optical character recognition, electronic make-up
These terms all fall under the umbrella of preparing a document for printing, specifically the stage before the actual printing press gets involved. It’s the behind-the-scenes work that ensures your text and images look perfect on paper.
Composition is the broad term for arranging the content of a document, including text and images. Typesetting is a more specific term within composition that refers to the process of setting the text. Today, it’s mostly done electronically using software programs. Phototypesetting is an older method of typesetting that uses photographic techniques. Meanwhile, pre-press data input involves getting all the necessary content into a digital format suitable for printing. Electronic make-up is the final stage before sending the document to print.
For publishers, printers, and anyone in the publishing industry, this business activity is crucial.
Third-party Approval: Business activity 1812.02 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.02 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.02 is exempt from this requirement
1812.03 – Plate-making services including image setting and plate-setting (for the printing processes letterpress and offset)
Plate-making services are crucial for both letterpress and offset printing. They take your digitally designed document and translate it into a physical plate that the printing press can use to transfer the image or text onto paper. This is a multi-step process.
For entrepreneurs who are interested in creating merchandise, awards, and custom works, this activity is what you need.
Third-party Approval: Business activity 1812.03 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.03 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.03 is exempt from this requirement
1812.04 – Engraving or etching of cylinders for gravure
In gravure printing, engraving or etching refers to the process of creating an image on a metal cylinder. This cylinder is the heart of the printing process, and unlike other methods that use raised surfaces for ink transfer, gravure relies on depressed areas to hold the ink.
Similar to the business activity above this, etching on cylinders can come in use in a variety of different settings. Entrepreneurs with a business-savvy mindset can enter multiple industries, from giftmaking to office supplies.
Third-party Approval: Business activity 1812.04 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.04 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.04 is exempt from this requirement
1812.05 – Plate processes direct to plate (also photopolymer plates)
Direct to Plate (DTP) is a specific technology used in plate-making for printing presses. It takes the digital design file and directly transfers the image information onto a special plate using a laser or other light source. The benefits of DTP are vast, from faster turnaround times to reduced costs, higher quality, and environmental-friendliness. This business activity enables entrepreneurs in this field to elevate their offerings.
Third-party Approval: Business activity 1812.05 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.05 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.05 is exempt from this requirement
1812.06 – Preparation of plates and dies for relief stamping or printing
The preparation of plates and dies for relief stamping or printing involves several crucial steps to transform your digital design into a physical tool for creating raised impressions or applying ink. It’s likely that entrepreneurs within this industry will be familiar with these processes. Collectively, these processes are necessary to create a client’s final vision/product.
Third-party Approval: Business activity 1812.06 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.06 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.06 is exempt from this requirement
1812.07 – Production of proofs
The production of proofs is a vital step in the printing process. It’s essentially a quality check and preview of your final printed piece before committing to a full production run. This involves both digital proofs and physical proofs.
The proofs production process itself is a multi-step one. It includes file preparation, proof generation, review and feedback, revisions, and approval, encompassing correct formatting and careful review amongst the processes.
Third-party Approval: Business activity 1812.07 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.07 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.07 is exempt from this requirement
1812.08 – Artistic work including preparation of litho stones and prepared woodblocks
This business activity refers to two well-established artistic printmaking techniques: lithography and woodblock printing. Both involve creating artwork that can be used to produce multiple copies, but they differ in their processes and artistic outcomes.
Lithography involves a limestone surface and allows for creating a wide range of effects, from detailed line work to soft, textured tones. In woodblock printing, an artist carves their design onto a block of wood, typically using chisels and gouges.
As such, this business activity allows for the preparation of this artwork, including the artistic work itself.
Third-party Approval: Business activity 1812.08 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.08 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.08 is exempt from this requirement
1812.09 – Production of reprographic products
This is the process of creating copies of existing documents, drawings, or images. It’s essentially the act of replicating existing visual materials. Photocopying, microfilming, and blueprinting are some popular techniques used for reprography. In the digital era, however, this mainly refers to digital scanning,
digital printing, and on-demand printing.
From business and education to engineering and healthcare, the use for reprography is vast, which makes this a lucrative business activity for entrepreneurs to have on their license.
Third-party Approval: Business activity 1812.09 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.09 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.09 is exempt from this requirement
1812.10 – Design of printing products e.g. sketches, layouts, dummies etc.
The design of printing products involves a creative process that translates ideas into visuals for physical, printed media. As such, sketches, layouts, blueprints, and dummies are a few of the key tools used by designers and printers to create a final product. This process is essential for all businesses that spotlight printing as one of their key services.
Third-party Approval: Business activity 1812.10 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.10 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.10 is exempt from this requirement
1812.11 – Other graphic activities such as die-sinking or die-stamping, braille copying, punching and drilling, embossing, varnishing and laminating, collating and insetting, creasing
There are various additional processes used in print finishing after the core printing is complete. They add visual interest, functionality, or protection to the final product. Obtaining this business activity is essential for all businesses involved in printing.
Third-party Approval: Business activity 1812.11 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.11 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.11 is exempt from this requirement
1812.12 – Composition and Typesetting
Composition is a broad term encompassing the arrangement of all the elements on a page, including text, images, and graphics. It can be considered a blueprint for the final printed piece. Meanwhile, typesetting is a more specific term within a composition that focuses on setting the text portion of the document. Today, it’s almost always done electronically.
Third-party Approval: Business activity 1812.12 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1812.12 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.12 is exempt from this requirement
1812.97 – Design & Artwork Services
Design and artwork are essential steps for almost all printing-related activities. Whether you’re an entrepreneur who focuses more on the process of printing or you’re a marketing firm that prints their own materials for advertising, design and artwork are crucial in ensuring the final product is a marketable one.
Third-party Approval: Approval from the Ministry of Culture and Youth – Media Regulatory Office (MRO) is required for this business activity, post obtaining your trade license.
Filing of Economic Substance Return: Business activity 1812.97 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1812.97 is exempt from this requirement
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
The UAE has long been a hub for commerce and business development. With a thriving economy, a growing population, and a strong focus on innovation, it presents a fertile ground for entrepreneurs looking to capitalise on promising markets. One such market, often overlooked but brimming with potential, is the printing industry, projected to grow at a healthy rate during 2023-2029. The world of 3D printing adds another layer of opportunity, opening doors for businesses catering to various industries beyond traditional printing, fostering a dynamic and diversified market.
For aspiring printers looking to capitalise on this flourishing market, the UAE offers a unique advantage: located in the UAE’s cultural and intellectual hub, SPC Free Zone is the world’s first free zone dedicated entirely to the global print and publishing industry. With a business license from SPC Free Zone, you can enjoy a streamlined business setup process, world-class infrastructure, and a supportive ecosystem designed for printing businesses to flourish.
Here’s a look at the business activities you can choose under your license:
1811.00 – Printing
For entrepreneurs who wish to establish a business with a broad range, this activity is your ticket to all things print, from books and brochures to newspapers, posters, embossers, and more. An entrepreneur who wants to specialise in a specific type of printing can choose a relevant specialisation under this section.
It’s important to note that silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents are not allowed under this activity.
Third-party Approval: Approval from the Ministry of Culture and Youth – Media Regulatory Office (MRO) is required for this business activity, post-obtaining your trade license.
Filing of Economic Substance Return: Business activity 1811.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.00 is exempt from this requirement
1811.01 – Printing of newspapers, magazines and other periodicals, books and brochures, music and music manuscripts, maps, atlases, posters, advertising catalogues, prospectuses and other printed advertising, postage stamps, taxation stamps, documents of title, cheques and other security papers, diaries, calendars, business forms and other commercial printed matter, personal stationery and other printed matter by letterpress, offset, photogravure, flexographic and other printing presses, duplication machines, computer printers, embossers etc., including quick printing. The material printed is typically copyrighted
This activity is quite evidently an incredibly useful one, allowing entrepreneurs to venture into a range of printing styles, from newspapers/magazines to books/brochures, office stationery items, posters, and catalogs – to name a few. It allows entrepreneurs to cater to offices, advertising firms, large corporations, and other small startups as well.
Note that several printing activities are not allowed under this activity, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Approval from the Ministry of Culture and Youth – Media Regulatory Office (MRO) is required for this business activity, post obtaining your trade license.
Filing of Economic Substance Return: Business activity 1811.01 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.01 is exempt from this requirement
1811.02 – Printing directly onto textiles, plastic, glass, metal, wood and ceramics (except silkscreen printing on textiles and wearing apparel) the material printed is typically copyrighted
This activity is for entrepreneurs who are keen to take their printing business to the next level. By being able to master printing on textiles, plastic, glass, metal, wood, or ceramics, entrepreneurs can tap into a larger customer base. It opens the doors to custom orders, gifts, and corporate merchandise.
Do remember that some printing activities are not allowed under this activity, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.02 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.02 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.02 is exempt from this requirement
1811.03 – Printing on labels or tags (lithographic, gravure printing, flexographic printing, other)
For printing businesses that want to expand to the world of apparel and other sold goods, this activity is your ticket. Being able to print on labels and tags is a specific service that many other industries and businesses require – and, typically, outsource.
It’s important to note that silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents are not allowed under this activity.
Third-party Approval: Business activity 1811.03 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.03 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.03 is exempt from this requirement
1811.04 – Multi-dimensional printing services
This is a lucrative option for entrepreneurs who want to provide a range of printing services to their customers. A number of printing activities are not allowed under this activity, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.04 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.04 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.04 is exempt from this requirement
1811.05 – Printing, Advertising Agencies And Event Organizing
For promoters, marketers, and advertisers who handle their marketing materials in-house, this activity gives you the freedom to print posters, brochures, billboards, hoardings, and other marketing materials that a client may require. These materials could even be printed for the sole purpose of event promotion or to be displayed at an event. Remember that this activity only covers the printing of such material, not distribution or other related activities.
Also remember that a number of printing activities are not allowed under this business activity, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.05 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.05 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.05 is exempt from this requirement
1811.06 – Printing Production, Books and Stationery Trade
For entrepreneurs who plan to specialise in books and stationery, this may be the most crucial activity in your bundle. Since the focus here is on books and stationery, a number of printing activities are not allowed under this activity, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.06 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.06 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.06 is exempt from this requirement
1811.07 – Packaging activities, Printing Services
Many businesses require specific packaging activities, whether you’re selling a product or not. Within these activities, printing is an absolute must. Whether you’re an entrepreneur whose trade business involves packaging and printing, or an aspiring printing business entrepreneur who will handle this requirement for their client, this activity is what you need.
A number of printing activities are not allowed, however, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.07 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.07 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.07 is exempt from this requirement
If you’re an aspiring printer focusing on books within the import/export market, you may want to explore the benefits of this business activity. While placing you within the publishing industry, this also allows you to print for stationery, which diversifies your offerings.
Several printing activities are not allowed here, such as silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents.
Third-party Approval: Business activity 1811.08 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.08 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.08 is exempt from this requirement
1811.09 – Import/Export Printing & Publishing related, Art Production & Distribution
This activity provides another pathway for you to enter the publishing industry, through the distribution of art production rather than books and stationery.
It’s important to note that silk-screen printing on textiles and wearing apparel, manufacture of paper articles such as binders, publishing printed matter, and photocopying of documents are not allowed under this activity.
Third-party Approval: Business activity 1811.09 is exempt from this requirement
Filing of Economic Substance Return: Business activity 1811.09 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 1811.09 is exempt from this requirement
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
Selecting the ideal free zone for your business is a critical decision that can significantly impact your bottom line. With numerous options available in the UAE, understanding the cost implications of each is essential. This comprehensive analysis delves into the key factors to consider when comparing free zones in the UAE.
By examining factors such as license fees, visa costs, office space rentals, and additional services, this article will empower you to make an informed decision that aligns with your business goals and budget.
Key Cost Factors When Comparing Free Zones
Several key factors should be carefully evaluated when comparing different options for business setup in Dubai, UAE.
License Fees are a fundamental expense. The base cost of obtaining a business license varies significantly between free zones. Additionally, fees for including extra business activities beyond the base license package can differ. It’s essential to consider the long-term costs as well, including annual license renewal fees, as these costs can accumulate over time and impact your overall business expenses.
Visa Costs constitute another significant expenditure. The fees associated with obtaining employment visas for staff can vary widely among free zones. Factors such as visa processing time, additional services offered, and renewal costs should be carefully considered. Understanding these expenses is crucial for budgeting your HR costs effectively.
Office Space is another critical cost component. Rental rates for office space can vary significantly based on location, size, and amenities offered. Additionally, setup costs, such as office fit-out and furniture, should be factored in. Ongoing expenses, including utilities like electricity, water, and internet, can also contribute to overall costs.
SPC Free Zone vs Other Free Zones
To get a comprehensive understanding of the cost differences between SPC Free Zone and other free zones, it’s important to look at specific numbers. While exact figures can fluctuate, this comparison offers a general overview of why SPCFZ can be the ideal option for your business licenses.
License Fees
SPC Free Zone: E-commerce license starts at AED 5,750, while our standard trade licenses begin at AED 6,875. Other Free Zones: License fees can range from AED 8,000 to AED 15,000 for a basic package.
Visa Costs
SPC Free Zone: Visa allocation costs approximately AED 1,600 per visa. Other Free Zones: Visa costs can range from AED 1,800 to AED 2,500 per visa.
Office Space
SPC Free Zone: Office space rental prices vary depending on location and size. However, you receive a flexi-desk with your business license. Other Free Zones: Office space rentals can be significantly higher, especially in prime locations.
Additional Services
While specific fees for additional services vary, SPC Free Zone’s pay-as-you-go model often results in lower overall costs compared to bundled packages offered by other free zones. You can also benefit from our 0% interest Easy Payment Plan offered to credit cardholders of affiliated banks.
In Conclusion
Selecting the right free zone for your business is a critical decision. While cost is a crucial factor, it’s essential to consider other elements such as business-friendly regulations, infrastructure, and available support services.
The Sharjah free zone, SPC Free Zone, offers a competitive advantage with its flexible licensing options, competitive pricing, and transparent cost structure. By utilising our cost calculator, you can independently estimate your business setup costs and make informed decisions. To make the most of your business venture, try our cost calculator to compare your options and identify the best fit for your business.
Setting up a business in the UAE is an exciting venture, but it’s often clouded by uncertainty, particularly when it comes to costs. Traditional methods of estimating business setup expenses can be time-consuming, inaccurate, and stressful. To alleviate these challenges, the SPC Free Zone has introduced an innovative cost calculator.
Our cost calculator is designed to be your ultimate business planning tool when considering business ideas in Dubai, UAE, providing you with precise cost estimates and allowing you to make payments independently, without the need for a Business Setup Advisor. By streamlining the budgeting process, you can focus on building your business with confidence.
How the SPC Free Zone Business Cost Calculator Works
Our cost calculator provides a detailed breakdown of your estimated business setup expenses at SPC Free Zone. To get started, simply follow these steps:
Step 1: Enter Your Business Details
Provide essential information about your business, including:
Your full legal name
Your phone number and email address for communication purposes.
Indicate your planned launch date.
Specify the number of individuals involved in owning the business.
Step 2: Define Your Business Activity
Describe the primary activities your business will undertake. We offer over 2000 business activities to choose from, and if your specific activity isn’t listed, you can provide a detailed description for evaluation.
Step 3: Choose Your Company Name
Select a preferred name for your business. You must abide by UAE rules for your Company Name and make sure it’s available and eligible for use.
Step 4: Select Banking Options
Decide whether you require a corporate bank account. Opting for this service will incur an additional charge, but if you already have a corporate bank account, you can select the “without bank account” option.
Step 5: Determine Visa Requirements
Specify the number of visas your business will need. The calculator will incorporate this information into the overall cost estimate.
Generate Your Cost Estimate
Once you’ve completed these steps, our cost calculator will generate a comprehensive breakdown of your estimated expenses.
Leveraging the Cost Calculator for Business Planning
Our cost calculator is more than just a tool for estimating expenses; it’s an asset for building a solid foundation for your business setup in Dubai, UAE. By providing a comprehensive breakdown of potential costs, you can make informed decisions and optimise your budget.
For first-time entrepreneurs, understanding the financial landscape is crucial. The SPCFZ cost calculator offers valuable insights to help you create a realistic budget. By accurately estimating your setup costs, you can allocate funds effectively for various business operations such as marketing, inventory, and operational expenses.
It also helps you identify cost-saving opportunities. You get to explore different business models, visa requirements, and office space options to identify areas where you can reduce costs without compromising your business goals. You can also use the cost calculator to compare different business setup options and select the most suitable path for your venture.
In Conclusion,
Setting up a business in the Sharjah free zone, SPC Free Zone, offers immense potential, but navigating the complexities of costs can be daunting. Our cost calculator is designed to simplify this process and empower you to make informed decisions. By providing accurate cost estimates, we aim to equip you with the knowledge and tools needed to build a successful business.
While our cost calculator is a valuable resource, it’s essential to approach business setup with a holistic perspective. Consider factors such as market research, talent acquisition, and regulatory compliance in conjunction with your financial planning.
Ready to embark on your entrepreneurial journey? Use our cost calculator as your starting point and explore the opportunities SPC Free Zone offers.
The UAE is a global business hub, attracting entrepreneurs and investors from around the world. Its strategic location, world-class infrastructure, and business-friendly policies make it an ideal place to establish a company. Whether you’re looking to tap into the region’s vast market, optimise your tax efficiency, or enjoy a high quality of life, the UAE offers unparalleled opportunities.
SPC Free Zone Business Cost Calculator
In order to bring your business ideas in Dubai, UAE to life, and help you navigate the complexities of business setup costs in the UAE, SPC Free Zone has developed a groundbreaking cost calculator. Unlike traditional methods that rely on time-consuming consultations, our tool provides instant estimates and allows you to make payments independently, without needing a Business Setup Advisor.
How to Use Our Cost Calculator
Access the Calculator: Visit our website and navigate to the cost calculator page, or click this link – https://spcfz.ae/cost-calculator/.
Enter Your Details: Provide basic information about yourself and your business, including your full name, contact details, and the number of shareholders.
Select Business Activity: Choose the primary activity for your business from the available options. If your desired activity is not listed, you can provide a detailed description.
Choose Company Name: Enter your preferred company name.
Banking Options: Indicate whether you require a corporate bank account. If yes, an additional fee will be applied.
Visa Requirements: Specify the number of visas you need for your business.
Review and Make Payment: The calculator will generate a detailed breakdown of estimated costs based on your inputs. If you’re satisfied with the estimate, you can proceed to make the payment directly through the calculator.
Core Components and Cost-Saving Opportunities
While business setup in Dubai, UAE involves various costs, certain elements are fundamental to your operations. Understanding these core components and exploring cost-effective alternatives can significantly impact your overall expenditure.
Essential Components of Your Business Setup
Business License: Business licenses are the foundation of your business, specifying your permitted activities.
Visa Allocation: These are permits for employees to work within the free zone.
Office Space: This is a physical or virtual location for your business operations.
Bank Account: A corporate bank account is essential for financial transactions.
Cost-Saving Strategies
To maximise your budget, consider these strategic approaches:
Optimise Your Business License
Carefully selecting your business activities can significantly impact costs. Our e-commerce license, starting at AED 5,750, offers a cost-effective option for online businesses. If your business requires a broader scope, our standard licenses begin at AED 6,875 for a one-year term. By focusing on essential activities only, from the 2000+ Sharjah Free Zone activities, you can avoid unnecessary add-ons and reduce license-related expenses.
Manage Visa Costs Efficiently
Accurately determining your visa requirements is crucial. Each visa costs AED 1,600, so overestimating your needs can lead to unnecessary expenditures. Consider flexible visa options like flexi desks, which allow for shared workspace and potential cost reductions. By aligning your visa allocation with your actual staffing needs, you can optimise your workforce expenses.
Choose the Right Office Space
Your office space choice directly impacts overhead costs. Shared office spaces or virtual offices often provide more affordable options compared to traditional leased offices. Additionally, selecting an office space that aligns with your business size can help you avoid paying for unnecessary square footage. Your SPC Free Zone license comes with a flexi-desk included.
Leverage Our Banking Partnerships
If you already have a corporate bank account, you can potentially eliminate the need for additional banking services, saving you AED 2,000. We encourage you to explore our banking partnerships for preferential rates and benefits. By optimising your banking arrangements, you can further reduce the financial costs associated with your business setup.
In Conclusion,
Setting up a business in the UAE, particularly within the Sharjah free zone (SPC Free Zone), presents a wealth of opportunities. By carefully considering your business needs and employing cost-effective strategies, you can optimise your investment. The SPC FZ cost calculator is a valuable tool to help you estimate expenses accurately and make informed decisions.
Use our cost calculator today to estimate your business setup costs and take the first step towards a successful venture within SPC Free Zone.
Coworking spaces have become increasingly popular in recent years, as more people have started to work remotely or as freelancers. They offer a flexible and cost-effective alternative to traditional office space, while also providing the benefits of a community and a supportive environment. SPC Free Zone offers its customers an ultra-modern coworking space in our business centre where they can work independently, meet clients or collaborate with a small team.
What is a coworking space?
A coworking space is a shared office space where entrepreneurs, freelancers, and small businesses can work independently, but within a community of like-minded people in a common space. Coworking spaces typically offer a variety of work areas, including shared workspaces, meeting rooms, and event spaces. They come equipped with amenities such as high-speed internet, printing and scanning facilities, snack bar or pantry facilities, and a conference area.
Coworking spaces are often used by entrepreneurs, small businesses, and remote workers who want to take advantage of the benefits of a traditional office environment without the associated costs of rent, utilities, and other overhead expenses.
Benefits of a coworking space
With a coworking space, businesses can project a professional image by having a prestigious business address, A coworking space is a service that allows businesses to have a professional address and other business services without the need for a physical office space.
Here are some benefits and features of a coworking space:
Cost-Effective: A coworking space is an affordable option for businesses as it eliminates the need for a physical office space, which can be costly in terms of rent, utilities, and maintenance.
Flexibility: Coworking spaces provide businesses with flexibility as they can work from anywhere and still have access to essential business services. This allows businesses to have a global presence without the need for a physical office.
Increased Productivity: By eliminating the need for a daily commute and the distractions of a physical office, coworking spaces can increase productivity and focus.
Meeting Space: Coworking spaces offer meeting rooms and conference facilities for businesses to use when needed. This allows businesses to have a professional space to meet clients and conduct meetings.
Administrative Support: Coworking spaces provide administrative support services such as call answering, mail handling, and message forwarding, which can help businesses to manage their workload more efficiently.
Business Growth: Coworking spaces can help businesses to expand and grow their operations by providing a professional image, flexibility, and access to essential business services.
Overall, a coworking space provides businesses with an affordable and flexible way to project a professional image, access essential business services, and increase productivity.
Why opt to work at the coworking space at SPC Free Zone?
Choosing a coworking space with SPC Free Zone provides numerous benefits for businesses of all sizes. We offer a professional business address, dedicated phone number, and access to meeting rooms and administrative support services. With our coworking spaces, businesses can work from a prestigious address while projecting a professional image, which can help them to attract and retain customers.
Our services are cost-effective, providing businesses with significant savings compared to a traditional physical office and can help businesses grow and succeed in today’s fast-paced business environment.
Starting an engineering business in the UAE offers a promising opportunity for entrepreneurs due to the country’s real estate boom and specialised engineering sector. Companies are increasingly differentiating themselves through niche expertise, creating a competitive landscape that rewards specialised knowledge and innovative solutions. The UAE’s strong focus on sustainable development, exemplified by its “Net Zero by 2050” initiative, highlights the government’s commitment to sustainability. This initiative involves substantial investments in renewable energy projects, energy-efficient buildings, and green infrastructure, presenting abundant opportunities for engineering firms specialising in these areas.
Moreover, the adoption of advanced technologies like Building Information Modeling (BIM) is becoming crucial in the UAE’s engineering sector. Firms that incorporate these technologies can offer more efficient, accurate, and sustainable solutions, enhancing their competitive edge.
If you are planning on setting up an engineering business in the UAE, you can get an instant license from SPC Free Zone. These are some of the business activities you can choose under your license:
7110.00 Architectural and engineering activities and related technical consultancy
Architectural and engineering activities and related technical consultancy in the UAE cover a wide range of essential services for construction and infrastructure projects. This includes architectural services such as building design and drafting, along with town and city planning and landscape architecture. Engineering design and consulting involve applying engineering principles to create machines, materials, structures, and systems. This encompasses projects in civil, hydraulic, traffic, water management, electrical, electronic, mining, chemical, mechanical, industrial, systems, and safety engineering. Additionally, firms manage construction projects and work on specialised areas like air conditioning, refrigeration, sanitation, pollution control, and acoustics. Surveying and mapping services are also part of this, including geophysical, geologic, seismic, geodetic, land and boundary, hydrologic, subsurface surveying, and cartographic and spatial information activities. Note that you will need an Engineering Certificate for this business activity.
However, this activity does not cover test drilling for mining, software development, computer consulting, technical testing, engineering R&D, industrial design, interior decorating, or aerial photography.
Under business activity 7110.00, you will also find:
7110.01- Architectural Consulting Activities
Building Design and Drafting This involves creating detailed plans and drawings for buildings. These plans cover everything from the layout and structure to the materials and aesthetics, ensuring that the buildings are both functional and visually appealing.
Town and City Planning and Landscape Architecture This encompasses designing the layout and development of towns and cities. It includes planning the placement of buildings, roads, parks, and other infrastructure to create well-organised, efficient, and attractive urban environments. Landscape architecture focuses on designing outdoor spaces such as parks, gardens, and public areas to enhance the natural beauty and functionality of the environment.
7110.02 – Engineering Design and Consulting Activities
This involves using scientific and mathematical principles to design and create machines, materials, instruments, structures, processes, and systems.
Specific Areas:
Machinery, Industrial Processes, and Industrial Plant: Designing and optimising machines and industrial processes, and planning industrial facilities.
Civil Engineering, Hydraulic Engineering, Traffic Engineering: Working on infrastructure projects like roads, bridges, dams, water systems, and traffic systems.
Water Management Projects: Designing systems for water supply, wastewater treatment, and flood control.
Electrical and Electronic Engineering, Mining Engineering, Chemical Engineering, Mechanical, Industrial and Systems Engineering, Safety Engineering: Developing projects related to electrical and electronic systems, mining operations, chemical processes, mechanical systems, industrial setups, and ensuring safety standards.
Project Management Related to Construction: Overseeing the planning, execution, and completion of construction projects, ensuring they are finished on time, within budget, and to the required standards.
7110.03 – Specialized Engineering Projects
Air Conditioning, Refrigeration, Sanitary and Pollution Control Engineering, Acoustical Engineering
This involves designing systems for air conditioning and refrigeration to ensure proper climate control in buildings and industrial setups. It also includes developing sanitary systems for clean water supply and waste management, pollution control systems to reduce environmental impact, and acoustical engineering to manage sound and noise levels in various environments.
7110.11 Engineering Consultancy
This involves providing expert advice and services in the field of engineering. Engineering consultants apply their specialised knowledge to help clients design, develop, and manage various engineering projects. This can include offering guidance on technical aspects, improving processes, ensuring compliance with regulations, and optimising project outcomes. Consultants work across different engineering disciplines, such as civil, mechanical, electrical, and structural engineering, to assist in the successful planning and execution of projects.
7110.13 Engineering Consultancy of Ship Building
This specialised area focuses on providing consultancy services specifically for the design, construction, and maintenance of ships and marine structures. Consultants in this field offer expertise in naval architecture, marine engineering, and related disciplines. They help clients with the technical design of vessels, ensuring structural integrity, optimising performance, and complying with maritime regulations. This consultancy also covers various aspects of shipbuilding, including materials selection, propulsion systems, safety features, and environmental considerations.
Third-party Approval: Business activities 7110.00, 7110.01, 7110.02, 7110.03, and 7110.11 require Municipality approval from the Technical Department, post issuance of the license. Activity 7110.13 needs approval from Ports & Customs Department (Sharjah), post issuance of the license.
Filing of Economic Substance Return: These business activities are exempt from this requirement.
Anti-Money Laundering Compliance: These business activities are exempt from this requirement.
8110.09 General facilities and services engineering consultancy
General facilities and services engineering consultancy encompasses providing a broad range of support services within a client’s facility to ensure its seamless functioning. This includes tasks like general interior cleaning, maintenance, trash disposal, security, mail routing, reception, laundry, and related services. While these activities are vital for the facility’s upkeep, the consultancy units supplying these services are not directly involved in the client’s core business activities. They provide operating staff to handle these support functions, offering essential assistance without assuming responsibility for the client’s primary operations.
This category excludes offering single support services, managing entire client establishments, overseeing on-site computer systems, and operating correctional facilities under contract or fee arrangements.
Third-party Approval: Business activity 8110.09 requires third party approval from Sharjah Municipality post-issuance of the license.
Filing of Economic Substance Return: This business activity is exempt from this requirement.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
Starting a finance management business in the UAE offers an enticing prospect amidst the region’s flourishing financial sector. With projections indicating that the UAE’s Assets Under Management (AUM) could soar to USD 270 billion in 2024, accompanied by an anticipated annual increase of 10%, the demand for robust financial services is clearly on the ascent.
Moreover, the UAE leads the charge in Fintech adoption across the Middle East, signifying a significant shift towards digitalization in the financial landscape. As the country embraces innovative technologies, there arises an ever-growing need for financial management solutions that seamlessly integrate with digital platforms. For entrepreneurs eyeing the establishment of a finance management business in the UAE, navigating this evolving landscape is paramount. It requires adeptly leveraging technological advancements while catering to the diverse needs of an expanding clientele.
If you are an expert in money management, cost accounting and financial risk management, and want to set up a Finance Management business in the UAE, these are a few business activities you can choose:
6619.14 Financial Consultancy
This involves providing expert advice and guidance on financial matters. It includes activities auxiliary to financial services, such as investment advisory services, mortgage advising, and brokerage services. Consultants in this field assist clients in managing their finances, making investment decisions, and navigating complex financial transactions. Additionally, this class encompasses trustee, fiduciary, and custody services offered on a fee or contract basis.
This class excludes activities of insurance agents and brokers and the management of funds.
Third-party Approval: Business activity 6619.14 requires third party approval from Central Bank of the UAE (CB) pre-issuance of the license.
Filing of Economic Substance Return: This business activity must meet ESR requirements.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
6619.20 Financial Advisory And Financial Analysis
This involves providing advisory services to clients on financial matters, including investment strategies, risk management, and financial planning. It also includes conducting financial analysis to assess the performance of investments, evaluate risks, and provide recommendations for optimal financial outcomes.
Excluded activities include those of insurance agents and brokers and fund management.
Third-party Approval: Business activity 6619.20 requires third party approval from Securities and Commodities Authority (SCA) post-issuance of the license.
Filing of Economic Substance Return: This business activity needs to meet ESR requirements.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
This combines the elements of financial consultancy and financial analysis. It encompasses providing expert advice and guidance on financial matters, along with conducting in-depth analysis to assess financial performance, risks, and opportunities.
This category excludes insurance activities and fund management.
Third-party Approval: Business activity 6619.21 requires third party approval from Securities and Commodities Authority (SCA), post-issuance of the license.
Filing of Economic Substance Return: This business activity needs to meet ESR requirements.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
6619.22 Banking Consultant
This involves providing consultancy services specifically related to banking and financial institutions. Consultants in this field offer advice and expertise on various banking operations, regulations, risk management, and financial strategies tailored to the banking industry.
Activities excluded from this class are those of insurance agents and brokers and fund management.
Third-party Approval: This business activity does not need third party approvals.
Filing of Economic Substance Return: This business activity needs to meet ESR requirements.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
7020.03 – Design of accounting methods or procedures, cost accounting programmes, budgetary control procedures
This activity involves providing businesses and organisations with specialised advice and assistance in designing and implementing effective accounting methods and procedures. It includes creating cost accounting programs that help in tracking and managing costs, and establishing budgetary control procedures to monitor and control financial performance. These services are crucial for ensuring accurate financial reporting, efficient cost management, and effective budgeting processes.
However, this class excludes the design of computer software for accounting systems. It also does not cover legal advice and representation, accounting, bookkeeping, and auditing activities, tax consulting, and other technical advisory activities.
Third-party Approval: Business activity 7020.03 does not require third party approval.
Filing of Economic Substance Return: This business activity is exempt from this requirement.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
7020.04 – Advice and help to businesses and public services in planning, organisation, efficiency and control, management information etc.
This activity focuses on providing comprehensive advice and operational assistance to businesses and public services. It covers a wide range of management issues, including strategic and organisational planning, financial decision-making, marketing strategies, human resource policies, and production scheduling. The goal is to enhance planning, organisation, efficiency, and control within the organisation. This also includes providing advice on public relations, communication, lobbying activities, and management information systems.
However, this class excludes the design of computer software for accounting systems. It also does not include legal advice and representation, accounting, bookkeeping, and auditing activities, tax consulting, architectural and engineering advisory activities, advertising, market research and public opinion polling, executive placement or search consulting services, and educational consulting activities.
Third-party Approval: Business activity 7020.04 does not require third party approval.
Filing of Economic Substance Return: This business activity is exempt from this requirement.
Anti-Money Laundering Compliance: This business activity is exempt from this requirement.
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
Starting your journey in the music tutoring business in the UAE is a fantastic opportunity for dedicated teachers and musicians to make some extra income. Music, like many other forms of artistic expression, is highly valued in the United Arab Emirates (UAE) due to the country’s vibrant and diversified culture. One of UAE’s niche online businesses, there is a great deal of room for growth in the music tutoring industry due to the increasing need for high-caliber music instruction among international students and locals alike.
Obtaining an instant business license from SPC Free Zone is essential for registering as a musical tutor. With this license in hand, you can open up shop anywhere in the United Arab Emirates and take advantage of all the perks offered by SPC Free Zone that can greatly assist your objectives to provide music education.
9000.14: Music training
A culturally enriching opportunity is provided to educators pursuing the activity of musical training. The provision of this service is aimed at educating and training’ through musical instructions. Artistic, creative, and technical skill growth in music are all part of this type of business.
Private and group tuition are among the services provided by music training facilities, which cover a wide range of instruments, as well as instructions in vocal technique, music theory, and performance enhancement.
Teachers with extensive knowledge of music and pedagogy offer these services, making sure that each learner receives individualized attention based on their abilities and future aspirations. Music schools, studios, and workshops that provide music education typically have all the resources needed for students to study music effectively.
This business activity does not include the restoration of organs and other historical musical instruments, sports, or amusement and recreation activities.
Third-party Approval: This business activity does not require third-party approval.
Filing of Economic Substance Returns: This requirement does not apply to business activities under 9000.14.
Anti-Money Laundering Compliance: This requirement does not apply to business activities under 9000.14.
You can also calculate your business setup costs easily using our handy cost calculator and choose from our customized company setup packages to find your perfect fit.
Get your business license in the UAE today and explore a world of opportunities waiting for you.
×
Get a call within 60 seconds
Leave your details below and we will call you right away!
"*" indicates required fields
By submitting, you agree to SPCFZ's Terms and Privacy Policy. Consent to collect name, email, address, phone; contact via email, phone, WhatsApp.