SPC Free Zone - Frequently Asked Questions (FAQs)
Welcome to the SPC Free Zone FAQ page. Here you'll find comprehensive answers to common questions about business setup services, licenses, visas, banking, compliance, and more in Sharjah Free Zone.
General Information
How do I apply for a new business license? How do I get a free consultation?
SPC Free Zone provides instant business licenses. You can apply through multiple channels:
- Phone: Call 800 SPCFZ (77239)
- Online: Apply through the website at https://www.spcfz.ae/
- In-person: Visit the office for 24/7 assistance
The business setup process is fully online for your convenience.
Can I start a business in Dubai without an office?
Yes, you can establish a business in Dubai without needing a traditional physical office space, especially within free zones. SPC Free Zone offers flexible solutions:
- Virtual offices
- Flexi-desk options
These provide a formal business address and fulfill licensing requirements without the overhead costs of a dedicated office, making it ideal for startups and international entrepreneurs.
What is the most profitable business in Dubai?
Pinpointing the single most profitable business is difficult as success varies by industry, market conditions, and execution. However, sectors that often present significant opportunities in Dubai's dynamic economy include:
- Real estate
- Tourism
- International trade
- Technology
- E-commerce
Researching current market trends and aligning with your expertise is key to finding a profitable venture in this thriving business hub.
Can a foreigner start a business in UAE?
Yes. The UAE welcomes foreign entrepreneurs, especially in free zones like SPC Free Zone. Key benefits include:
- 100% foreign ownership
- Full profit repatriation
- Favorable business environment with numerous incentives
A company license is required from the relevant authorities, facilitating a smooth setup. The UAE provides a profitable destination for foreign investors.
Where is the cheapest place to open a business in UAE?
Sharjah is a cost-effective location to open your business, often featuring:
- Lower initial setup costs
- Reduced office rents
- Lower operational expenses compared to other major emirates
Free zones within Sharjah, like SPC Free Zone, are particularly known for competitive packages and flexible payment options, making it an attractive and budget-friendly choice for startups and established businesses seeking value.
How much does it cost to start a business in UAE?
Business setup in the UAE can be a great opportunity for entrepreneurs looking to expand their business in the Middle East. The cost varies depending on:
- Type of company
- Size of the business
- Location
SPC Free Zone Pricing: Business setup packages start from approximately AED 5,750 at SPC Free Zone to help you set up your free zone company in Sharjah.
In Sharjah, entrepreneurs can choose to set up a company in a free zone like SPC Free Zone, which offers benefits such as:
- 100% ownership
- Ability to repatriate profits
Before you start, get a clear estimate of your business setup costs with the business cost calculator available at https://www.spcfz.ae/cost-calculator/.
What is the difference between Freezone and mainland in UAE?
Mainland Companies:
- Operate under the Department of Economic Development (DED) of the specific emirate
- Allow trade directly within the entire UAE market
- Traditionally often require a local partner
Free Zone Companies (like those in SPC Free Zone):
- Located in designated economic areas
- Usually offer 100% foreign ownership
- Full profit repatriation
- May have restrictions on trading directly within the mainland market
What types of business licenses are available at SPC Free Zone?
SPC Free Zone provides a variety of business licenses tailored to different operational needs:
Primary License Types:
- Trading licenses
- Service licenses
- E-commerce licenses
Key Features:
- Support for over 2,000 diverse business activities
- Significant flexibility for entrepreneurs
- Ability to combine multiple related activities under a single license
- Simplified setup process
- Potential cost reduction
Contact SPC Free Zone to explore the best fit for your business.
Can I get a 100% ownership company without a local sponsor?
Yes, absolutely. Establishing your business within a free zone, such as SPC Free Zone, grants you:
- 100% foreign ownership
- No requirement for a local Emirati sponsor
This is a major benefit attracting international entrepreneurs to UAE free zones. While recent legal updates have allowed full foreign ownership for many mainland activities too, free zones offer a dedicated structure designed specifically for this purpose.
Common Business Setup Questions
What is the process for setting up a business in a Sharjah Free Zone?
Setting up a business in a Sharjah free zone involves several steps:
- Decide that a free zone is right for you
- Select a free zone
- Submit an application for a license
- Secure office or warehouse space
- Obtain necessary permits and approvals
- Open a corporate bank account
To find out how to set up your business, run through the simple business setup guide at https://www.spcfz.ae/business-setup-guide/.
Can I set up any business in a Sharjah free zone?
Most types of businesses are allowed to set up in a Sharjah free zone, including:
- Trading companies
- Manufacturing companies
- Services companies
However, certain types of businesses may be restricted or require additional approvals. At SPC Free Zone, you can choose from over 2,000 business activities in the UAE.
What is the difference between LLC and Freezone in UAE?
LLC (Limited Liability Company):
- Refers to a specific legal structure for a business
- Mainland LLCs operate across the UAE
- Historically often required local partnership
Free Zone:
- A designated economic area with its own regulations
- You can establish companies within a free zone such as SPC Free Zone
- Sometimes structured similarly to LLCs (like FZ-LLC)
- Typically benefit from 100% foreign ownership
How many business activities can be combined under one SPC trade license?
SPC Free Zone offers exceptional flexibility:
- Combine multiple business activities under a single license
- Typically up to ten activities
- Ability to select activities from different groups (like trading, service, and consultancy) on one license
- This isn't always possible elsewhere
- Multi-activity license simplifies setup
- Can significantly reduce costs for diverse business operations
Can I open a business in Dubai if I don't live there?
Yes, you can definitely own a UAE-registered business, whether targeting Dubai or established through SPC Free Zone in Sharjah, even if you reside abroad.
Key Points:
- Physical residency is not required for business ownership
- SPC Free Zone streamlines the setup process for non-residents
- If you decide to relocate or manage operations locally later, assistance is available with obtaining the necessary residency visa
What are the benefits of a free zone in UAE?
The key benefits that free zones offer include:
1. Reduced Bureaucratic Procedures:
- Simplified registration procedures
- Companies can start operations quickly
- Minimal paperwork
2. 100% Foreign Ownership:
- Foreign investors can own 100% of the company
- No need for a local partner or sponsor
3. Access to Infrastructure:
- State-of-the-art infrastructure
- Advanced telecommunications
- Transportation facilities
- Logistics facilities
Business License Types & Requirements
What are the costs and steps involved in obtaining an e-commerce license in Dubai?
E-Commerce License Cost:
- Starts at AED 5,750 in UAE free zones
- Potential additional costs for visas and office spaces
Process Steps:
- Document submission
- E-channel application for entry permits
- Status change
- Obtaining an Emirates ID
SPC Free Zone Support:
- Business advisors guide you through each step
- Competitive license costs
- Rapid issuance
- Comprehensive support including visa processing
- Access to a wide range of business activities
- Smooth setup experience
Can I operate a small business or home-based business with an SPC Free Zone license?
Yes. Small businesses in the UAE are required to have a license to operate legally. The type of license needed depends on:
- Nature of the business
- Location
- Size of the company
Find out what business license your small business needs at https://www.spcfz.ae/business-activities/.
What license do I need to sell products online in the UAE?
To operate an e-commerce business in the UAE, you require an e-commerce license. This license allows you to sell goods through:
- Your website
- Other online platforms
UAE E-Commerce Market Benefits:
- Thriving e-commerce market
- High internet penetration
- Strong consumer demand
- 100% foreign ownership in free zones
- Zero personal income tax
- Strategic location for global market access
SPC Free Zone Advantages:
- Quick license issuance
- Multiple visa options
- Access to advanced infrastructure
- Prime choice for e-commerce entrepreneurs
Do I need a mainland license or free zone license for my business in UAE?
Mainland License:
- Issued by the Department of Economic Development (DED)
- Allows you to conduct business directly with the local UAE market
- Often requires a local Emirati partner
Free Zone License:
- Grants 100% foreign ownership
- Tax exemptions
- Ideal for import/export or international trade
Your choice depends on your business activities and target market. If your focus is on both local trade and import/export or international trade, a free zone license offers significant advantages.
What are the primary business license types available in the UAE?
The UAE offers several distinct license types, each catering to different business needs:
License Types:
| License Type |
Purpose |
| Commercial License |
Trading of goods |
| Professional License |
Service-based activities |
| Industrial License |
Manufacturing of products |
Ownership Structures:
- Mainland licenses typically involve a local partner
- Free zone licenses (like those from SPC Free Zone) allow 100% foreign ownership
Understanding these differences is crucial for selecting the right license that aligns with your business model and objectives.
Business Setup Costs & Fees
How much does a business permit in UAE cost?
Business setup packages start from approximately AED 5,750 at SPC Free Zone to help you set up your free zone company in Sharjah. The total business setup cost will vary depending on the scale of your business.
Find out your total business setup cost at https://www.spcfz.ae/cost-calculator/ before you begin.
What is a business cost calculator and how can it benefit my company?
A business cost calculator may vary depending on:
- Industry
- Location
- Operations
- Other specific requirements of the business
Purpose:
The calculator aims to estimate the major costs associated with setting up a business, helping you plan and budget effectively.
How to Use:
- Enter required details including:
- Business activities
- Location (free zone or mainland)
- Number of employees
- Other information
- Select the type of license required for your business activity
- Select the number of visas needed for employees or partners
Cost Components:
Your startup cost may include:
- License fees
- Visa fees
- Space rental
- Dependent visas
- Legal and support services
Access the calculator at https://www.spcfz.ae/cost-calculator/.
What are the expenses involved in a free zone business setup in Sharjah, and how can I minimise my costs?
A typical free zone business setup involves costs for:
- Trade license
- Visa fees
- Office space (if required)
- Registration fees
SPC Free Zone Cost Minimization:
- Rates and packages designed to minimise your initial investment
- Detailed breakdown of each expense provided
- License fees
- Visa processing
- Additional services as required
- Streamlined setup process
- Efficient financial management
Get a detailed cost breakdown at https://www.spcfz.ae/cost-calculator/.
Does SPC Free Zone offer monthly installment plans?
Yes, SPC Free Zone offers flexible payment options to accommodate various budgets:
Pay-As-You-Go Model:
- Pay the cost of the business license to get the process started
- Pay for all other inclusions in the future at your convenience
- Based on your business needs
- No additional amendment fees
Banking Partnerships:
- Partnerships with leading banks across the UAE
- Break your payments down into installments
Learn more at https://www.spcfz.ae/pay-as-you-go/.
Common Visa and Residency Questions
What are the primary types of residency visas available for business owners in the UAE?
The UAE offers several residency visa options for business owners, primarily linked to:
- Your business license
- Investment
Visa Types:
- Investor visas: Common for those investing capital
- Employment visas: For those working within their own or another company
The specific type depends on your business structure and activities. For streamlined processing and tailored advice, SPC Free Zone can guide you through the available options.
How many visas can I get for my business?
When you sign up with SPC Free Zone, you get access to unlimited visas for:
- Investors
- Partners
- Employees
What are the key documents required for a UAE residency visa application?
Essential documents typically include:
- Valid passport
- Passport-size photographs
- Your business license
- Medical fitness certificate
- Emirates ID application
Additional Documents (depending on your business activity and visa type):
- Educational certificates
- Proof of investment
Ensuring all paperwork is accurate and complete is vital for a smooth application. SPC Free Zone offers comprehensive document preparation assistance.
How long does it take to get a UAE residency visa?
The residency visa process can vary, typically taking 5-10 working days, depending on factors such as:
- Immigration regulations based on nationality
- Medical test clearance
- Other requirements
How much is a freezone visa?
The cost for a free zone visa in the UAE varies based on several factors:
- Visa type (e.g., investor, employee)
- Duration
- Required medical tests
- Emirates ID processing
Approximate Cost: Visa allocation costs approximately AED 1,600 per visa.
For precise, up-to-date pricing tailored to your needs through SPC Free Zone, please consult with the advisors at https://www.spcfz.ae/cost-calculator/.
Can I sponsor my family for UAE residency?
Yes, you can sponsor your spouse and children for UAE residency.
Requirements:
- Valid residency visa
- Minimum salary thresholds
- Attested marriage certificates
- Attested birth certificates
Process:
The process involves submitting these documents to the relevant authorities. SPC Free Zone simplifies family sponsorship, providing guidance on necessary documentation and compliance.
Learn more at https://www.spcfz.ae/spouse-and-dependents-visa-processing/.
All About Business Setup Banking & Finance
Why do I need a corporate bank account for my UAE business?
A corporate bank account is essential for operating your business legally and professionally in the UAE. It allows you to:
- Securely receive and send payments from clients and vendors
- Manage payroll and other business expenses
- Establish a positive financial history for your company
- Build credibility and trust with potential partners and investors
What documents are typically required to open a corporate bank account in the UAE?
To open a UAE corporate bank account, you'll generally need:
- Original company incorporation documents
- Your passport
- Emirates ID
- Stamped bank statements (6-12 months)
- Tenancy contract
- Utility bill
- Updated CV
- Business plan with client list
- Company stamp
SPC Free Zone assists in ensuring all documents are complete and compliant, streamlining the process.
How long does it usually take to open a corporate bank account in the UAE?
With SPC Free Zone, you can have your corporate bank account set up in 3 working days after obtaining your instant business license. The process is streamlined, minimising delays and allowing you to start transacting quickly.
Can SPC Free Zone assist with opening a corporate bank account?
Yes, SPC Free Zone provides comprehensive corporate bank account opening assistance:
- Get your corporate banking account opened in 3 working days
- Partnership with leading banks in the UAE to streamline the process
- Team guides you through documentation requirements
- Helps prepare your application
- Facilitates introductions with suitable banking partners
- Ensures a smoother and more efficient experience for your business setup
Learn more at https://www.spcfz.ae/corporate-banking-assistance/.
What are the steps for opening my corporate banking account?
To open a corporate bank account with SPC Free Zone:
- Log into the customer portal
- Settle payment
- Submit your request with required documents
- Meet with a bank representative
- Sign and submit necessary paperwork
- Receive confirmation of your account opening
Timeline: 3 business days
Cost: Approximately AED 2,000
SPC Free Zone streamlines this process for quick setup.
Do I need to be physically present in the UAE to open a corporate bank account?
Yes, your physical presence is required at certain stages, such as:
- Meeting with the bank representative to sign the necessary documents
Common Questions on Business Compliance & Renewals
What are the compliance requirements for businesses in SPC Free Zone?
Businesses must comply with applicable laws on:
Anti-Money Laundering (AML):
- Maintain accurate financial records
- Conduct due diligence on clients and partners
- Report any suspicious transactions to the relevant authorities
Counter-Terrorism Financing (CTF):
- Maintain accurate financial records
- Conduct due diligence on clients and partners
- Report any suspicious transactions to the relevant authorities
Proliferation Financing:
- Maintain accurate financial records
- Conduct due diligence on clients and partners
- Report any suspicious transactions to the relevant authorities
How do I renew my business license?
Renewing your license is quick and hassle-free:
- Visit your customer portal
- Log in with your details
- Submit the required documents
- Make the renewal payment
- The team will process it promptly
Need Assistance?
Reach out at [email protected] for help.
What happens if I don't renew my license on time?
Failing to renew your business license on time in the UAE can lead to:
- Significant penalties
- Fines
- Potential suspension of your business activities
- Legal action (with continued non-compliance)
- Eventual cancellation of your license
To avoid disruptions, it's crucial to adhere to renewal deadlines.
Do free zone companies need to register for VAT in UAE?
Businesses in the UAE must comply with the federal tax regulations:
Corporate Tax:
- 9% corporate tax on taxable profits exceeding AED 375,000
Value Added Tax (VAT):
- 5% VAT on most goods and services
Requirements:
- Proper VAT registration
- Accurate record-keeping
- Timely submission of VAT returns
Is Freezone exempted from corporate tax in UAE?
Free zone companies are not automatically exempt from the UAE's Corporate Tax.
Qualifying Free Zone Person:
- Businesses registered in free zones that meet the criteria of a "Qualifying Free Zone Person" can benefit from a 0% tax rate on their "Qualifying Income"
- Income that doesn't qualify is subject to the standard 9% rate
General Tax Compliance:
Businesses in the UAE must comply with the federal tax regulations:
- 9% corporate tax on taxable profits exceeding AED 375,000
- 5% Value Added Tax (VAT) on most goods and services
What are the key compliance requirements for employment within my UAE-based business?
Employing staff in the UAE requires adherence to labor laws:
Requirements:
- Providing employment contracts
- Ensuring timely payment of salaries
- Complying with visa and work permit regulations
- Contributing to employee benefits:
- Medical insurance
- End-of-service gratuity
SPC Free Zone assists with navigating these requirements, ensuring your employment practices are compliant and your employees are protected.
Golden Visa
Who is eligible for a Golden Visa in UAE?
The UAE Golden Visa is available to non-UAE nationals who:
- Possess a valid passport
- Maintain a clean criminal record
Generally, applicants must meet the unique criteria defined for their chosen field, such as:
- Investment
- Specialised talent
- Exceptional students
How much is the 10 year Golden Visa in UAE?
The Dubai Golden Visa cost in the UAE varies significantly based on the visa category:
| Visa Category |
Approximate Cost |
| Real Estate Investment |
AED 2 million |
| Public Investment |
AED 5 million |
| Specialised Talents, Entrepreneurs, Scientists |
AED 500,000 |
| Skilled Professionals |
AED 250,000 |
| Students, Humanitarian Pioneers, Doctors, Nurses, Exceptional Coders |
AED 100,000 |
| Educators |
AED 10,000 - AED 15,000 |
What is the processing time for a Golden Visa in the UAE?
The processing time for Golden Visa UAE varies depending on the category of visa you are applying for. However, the general processing time is 3-6 months.
Is a Golden Visa right for me?
This depends on your individual circumstances and goals.
Benefits:
- Ability to live, work, and study in the UAE without any restrictions
Considerations:
- Eligibility matters
- If you are planning to stay in the country long-term, a Golden Visa is a good investment
What are the benefits of obtaining a Golden Visa in the UAE?
Key benefits include:
- Unrestricted living, working, and studying within the UAE
- Ability to sponsor dependents
- Travel freely
- Own property
- Business ownership
- Access to world-class healthcare
- Access to world-class education
- High standard of living
Specific advantages may vary by visa category.
What is the salary requirement for Golden Visa in UAE?
The primary salary requirement for the UAE Golden Visa pertains to the 'Skilled Professionals' category.
Requirements:
- Valid employment contract in the UAE
- Minimum monthly salary of AED 30,000
Other categories like investors or entrepreneurs have different criteria not based on salary.
Is it hard to get Golden Visa in Dubai?
Whether obtaining a Golden Visa is perceived as "hard" depends on meeting the specific eligibility criteria for one of the designated categories:
- Investor
- Skilled professional
- Exceptional talent
If you clearly fulfill the requirements, like the minimum investment or salary threshold, and submit the correct documentation, the application process itself is designed to be relatively straightforward for qualified individuals.
What is the difference between Golden Visa and Investor Visa?
Golden Visa:
- Comprehensive long-term residency scheme (5 or 10 years)
- Available to various categories:
- Investors
- Skilled professionals
- Exceptional talents
Investor Visa:
- Commonly refers specifically to the Golden Visa pathway granted based on meeting significant investment criteria (e.g., in real estate or businesses)
- Essentially, the prominent long-term Investor Visa is now a category within the broader Golden Visa program
After Sale Service
What compliance support do you offer for VAT or audits?
SPC Finance has premium finance services that cater to businesses of all sizes across various industries in the UAE.
Services Available:
- Tax consultation
- VAT registration
- Audits
- Bookkeeping
Service Details:
- Corporate tax advisory
- Registration
- Return filing
- Bookkeeping in Excel (for up to 2 transactions per month)
- Annual management accounts preparation
Whether you are a startup, SME, or large corporation, these services are designed to ensure financial compliance and accuracy.
Learn more at https://www.spcfz.ae/spc-finance/.
Is there a dedicated relationship manager for corporate clients?
Yes. Through the Dedicated Account Manager service, an entrepreneur at SPC Free Zone is eligible to access a dedicated Relationship Manager (RM) who provides comprehensive support throughout the year for your business.
Services Include:
- Streamlining your business setup process
- Guiding you through the submission of applications via the SPC Free Zone portal
- Your Relationship Manager is your right-hand guide
Pricing:
- AED 3,000 per year for up to 3 stakeholders
- AED 1,000 per year for each additional stakeholder
Learn more at https://www.spcfz.ae/dedicated-account-manager/.
What is included in Corporate Banking Assistance?
Corporate Banking Assistance includes:
- Introduction to your banking provider
- Documentation assistance
- Follow-up with bank account opening
- Addressing any other banking-related requests
Learn more at https://www.spcfz.ae/corporate-banking-assistance/.
Do you provide specialised support for Spouse and Dependents Visa Processing?
Yes. Get specialised support for visas for your spouse, children, or parents through SPC Plus:
Services:
- Support from documentation to visa procurement
- Get your dependent visa within 7-9 working days
Learn more at https://www.spcfz.ae/spouse-and-dependents-visa-processing/.
Why should I use SPC Free Zone's documentation services?
Experienced professionals understand the local laws and regulations, which helps:
- Navigate the complex documentation process efficiently
- Save you time and effort
Learn more at https://www.spcfz.ae/documentation/.
Need More Help?
If you have any further questions, feel free to contact the support team:
Phone: 800SPCFZ (800-77239)
Experts are here to assist you every step of the way!
Quick Links
About SPC Free Zone
Start Your Business
Value Added Services
Partner with Us
Insights
Get in Touch
Copyright: All rights reserved. Copyright SPCFZ © 2025
Legal: