If you are wondering about a business setup in the Sharjah free zone, it could be a strategic yet exciting decision to remember. It is filled with significant growth opportunities that can embark your company on the trajectory of success. As the UAE is considered a global hub of business opportunities, Sharjah is recognised as a pivotal choice for entrepreneurs to establish their new business ventures.
Over the years, Sharjah has emerged as one of the most sought-after business destinations for its strategic and supportive business environment. Known as the cultural capital of the UAE, it connects the East and West, posing an ideal choice for businesses with diversified market interests. Business setup in the Sharjah free zone has gained a huge momentum of popularity due to its countless financial growth possibilities.
As part of the UAE government’s commitment to nurture an environment for innovation and sustainability, it creates a dynamic destination for business setup in Sharjah Free Zone. Here’s the list of key ingredients that can drive new business ventures towards exponential growth.
Affordability of business setup in the Sharjah free zone
The process of free zone company setup in Sharjah is relatively simple and affordable. It offers competitive packages to establish your venture with minimal capital requirements in the initial stage itself. As a result, the business owners get financial flexibility to maximize and allocate their resources strategically to benefit from the advantage. Whether you are an established enterprise or a new business venture, setting up in Sharjah offers cost-effectiveness to solidify your position in the market.
Extensive support from the UAE government
One of the most significant advantages of establishing a business in Sharjah is the unmatched support from the government. The government has a proactive approach to make the business setup process and operations seamless for entrepreneurs. Entrepreneurs can capitalize on this support through a slew of initiatives like 100% foreign ownership, tax benefits, no levy of import and export duties and complete repatriation of profit.
Advancement in infrastructure
This makes it strategically accessible for easy international trade and logistics. In addition, entrepreneurs planning to get a business license in the Sharjah Free Zone often get advantaged from its modern amenities, state-of-the-art road network and swanky office buildings. The infrastructure drives the interest of entrepreneurs from across the globe and looks for business expansion in the free zone.
Budget-friendly living
For many, the UAE is known for its luxurious lifestyle and opulence. However, the Sharjah free zone stands out due to its budget-friendly cost of living. Contrary to other neighbouring emirates – Dubai and Abu Dhabi, Sharjah boasts affordable apartments, utilities and daily expenses. As a result, business owners can operate without stress and enjoy comfortable living without burning a hole in their pockets.
Ease in the accessibility of talent/ labour
Considering the location of Sharjah, entrepreneurs planning to establish their business venture get access to a diverse pool of skilled and non-skilled talent. Many professionals from a variety of backgrounds such as IT, finance, creative media, etc. are moving to Sharjah. Hence, there is a great proliferation of talent in the region that eliminates the hassle of finding employees, especially for newly established companies.
Conclusion
Starting a business can be financially intensive and daunting for many. Since Sharjah offers a gamut of benefits, it turns out to be the right call. To be on top of everything that the free zone company setup in Sharjah takes, it is necessary to connect with an experienced business setup company to also determine the requirements for obtaining a business license in Sharjah free zone.
We, at SRTIP Accelerator, can help you go through the process without any hassle. Our seasoned team of professionals guide you at every stage of the setup process and help you choose the right package, based on your business needs and goals.