The UAE free zones are famous worldwide. Offering 100% foreign company ownership, 0% corporate and personal tax and repatriation of capital and profits, it’s no wonder that it’s one of the most popular global destinations for company setup. Entrepreneurs from around the world flock to the Emirates, looking to start their exciting new ventures.
While the list of incredible benefits is a long one, an important question many entrepreneurs ask is regarding the cheapest free zone license in the UAE 2021. Because prices can vary a great deal depending on where you set up in the UAE, it’s a valuable piece of information to have at hand when you make your final decision.
So what are the best options when it comes to low-cost business setup in the UAE?
One of the cheapest free zone licenses in the UAE 2021 is undoubtedly Sharjah Free Zone. Sharjah is the third largest emirate in the UAE and is home to the city of Sharjah as well as other smaller towns.
Sharjah Free Zone is a top choice for new entrepreneurs when looking to set up in the UAE. As the representative of much of the UAE’s culture and history, Sharjah is a great option for SMEs who want to be competitive while also keeping costs under control.
Sharjah is a strong economic zone that offers a number of incentives to entrepreneurs and startups. Its well-regarded free zones include Shams (Sharjah Media City) and SPC (Sharjah Publishing City).
Here are some key benefits for your company when setting up in Sharjah:
- It’s extremely cost effective
• You can initiate the company setup process from anywhere in the world
• You are able to repatriate 100% of capital and profits
• You can combine up to five different business activities under one license
• Add up to 20 additional visas to your business under one trade license
• Get your company incorporated within four hours
• No requirement for a No Objection Certificate (NOC) from your current sponsor
• No requirement to submit paid-up share capital and annual audit
• Options for partner or investor visas
Here at Creative Zone, we offer you the best solutions to start your company in Sharjah. You get fast, reliable and unbiased advice on your unique business setup requirements. We can help you choose the right kind of license for your chosen business activity and take you through the entire process from start to finish.
You can let us deal with the hassle of registering a company while you focus on your business. And working with us means you get the best budget friendly and cost-effective solution to help make your business dream a reality.