Thinking about starting a business in Sharjah, but not sure where to begin? It’s an understandable dilemma. Put plainly, it’s hard to choose the best company setup deals in Sharjah. With so many consultants and free zones promising lower prices, access to facilities, and a quicker business setup procedure, making the right decision is difficult.
Here’s the truth: each business is different. You need a Sharjah company setup package that doesn’t just fit your budget but aligns with your future plans for growth. At SPC Free Zone, we make it easier for you to make the right choice for your company.
This guide cuts through the noise, giving you a clear overview of the most popular business setup packages in Sharjah.
Why Should I Choose Sharjah?
Given the economic might and global pull of its neighboring Emirate, Dubai; Sharjah is overlooked by many investors. However, it’s important to take note of the strategic advantages that Sharjah offers.
Positioned between the Northern Emirates and Dubai, Sharjah offers exceptional logistical access via its ports and international airport. Sharjah’s affordable company setup packages have also played a critical role in helping entrepreneurs who have limited budgets establish their own ventures. If you’re looking for an affordable setup process that’s fast and efficient, Sharjah free zone packages are a compelling option that’s worth exploring.
Company Setup Packages in Sharjah: What are the Costs?
When you consider company formation packages in Sharjah, cost is one of the most influential factors. While the actual price depends on your specific needs, costs are primarily driven by three factors.
- Visa quotas: A basic Sharjah company setup packagewith just a business license and no visas can cost you as little as AED 5,750 at SPC Free Zone. However, adding investor or employee visas to the package can incrementally drive up costs.
- License type: Different business activities require different licenses. Certain activities such as jewellery trading and general trading may require higher fees, additional approvals and involve a more expensive and rigorous application process.
- Services: Navigating the local regulations and understanding the business setup process is challenging even for seasoned investors. Many free zones, including SPC Free Zone offer dedicated services at an additional fee to ensure your business set up process is as seamless as possible.
Exploring the Different Kinds of Company Setup Packages in Sharjah
Planning an affordable company setup in Sharjah can look different for different entrepreneurs. For those who just need a license, the costs can be minimal. However, business owners looking to hire employees and have multiple visas may need to put aside a greater amount before they start. Here’s a brief overview to give you an idea:
| Package Type | Starting Price (AED) | Visa Allocation | Key Features |
|
No Visa Package |
5,750 | 0 | Business license, 5 activities, up to 100 shareholders |
|
One Visa Package |
8,475 |
1 |
Same as above, plus one investor/employee visa allocation |
| Multiple Visa Package | Customisable | Up to 6 |
Same as above, plus additional features to help scale your team |
The cost of your business setup package can also increase based on your need for add-on services. For example, many first-time entrepreneurs may be unfamiliar with the local regulations, such as VAT filing, corporate tax, document attestation from the Ministry of Foreign Affairs (MOFA), and require additional support with these processes. Services such as SPC Plus are designed to take the guesswork out of these steps and ensure that your business setup procedure is as smooth as possible.
What’s the Best Fit for my Business?
After you review the costs, inclusions, and scenario-based needs specific to your business, how do you make the final decision? This comes down to defining your core requirements and predicting your potential growth and future.
Here are some questions you can ask yourself to make the right decision:
- Visa Needs: How many employees are you planning to sponsor within the next 1 year? If you already have a visa and don’t need employees or plan to outsource your work to licensed freelancers, you can cut costs here. If you only need a visa for yourself, just apply for 1 visa. However, if you need additional support to launch operations, visas are a significant cost to account for.
- Activity Scope: Are your activities completely service-based or will you be involved in buying and selling products? Your chosen business activities play a key role in defining the final cost of your business setup. Consultancy and publishing activities can cost much lesser than commercial activities like general trading.
- Physical Presence: Will you require dedicated office space or can you operate fully remotely? If you don’t need too much manpower, a Flexi-desk or coworking space is the way to go!
Use SPC Free Zone’s Cost Calculator to get a comprehensive overview of your expected business setup costs.
Starting a business in many ways, is about taking control. This begins with choosing the right foundation. By understanding the true costs and all available inclusions in your chosen Sharjah company setup package, you have all the information you need to make an authoritative decision. At SPC Free Zone, we’re here to help you make the right decision and receive the right support, no matter your business idea.
Have more questions? Book an appointment with one of our business setup advisors and estimate your costs now!
