Question 1

What business structures can I register in Sharjah?

Accepted Answer

You can form Mainland LLCs, Sharjah Free Zone companies, Offshore entities, and Branch offices.

Question 2

Is 100% foreign ownership permitted?

Accepted Answer

Yes, Free Zone and Offshore companies allow 100% foreign ownership. Mainland LLCs also permit 100% ownership for certain activities.

Question 3

What licenses are offered?

Accepted Answer

Commercial, Professional, Industrial, and specialized Free Zone licenses depending on your business activity.

Question 4

How long does company formation take?

Accepted Answer

Free Zone registrations usually take 3–7 days, Mainland 1–3 weeks, Offshore about 5–10 days.

Question 5

Are there capital and office requirements?

Accepted Answer

Capital depends on business activity and entity type. Physical office is required for Mainland companies; Free Zones provide flexible solutions.

Question 6

What taxes apply in Sharjah?

Accepted Answer

Corporate tax at 9% on profits over AED 375,000; VAT at 5% applies if turnover exceeds AED 375,000; Free Zones may offer tax incentives.

Question 7

What documents do I need?

Accepted Answer

Passport copies, trade name reservation, MOA/AOA or LSA, tenancy contracts, business plans, initial approvals, and bank references.

Question 8

Can I open a corporate bank account?

Accepted Answer

Yes, post-license issuance, banks require documentation and interviews.

Question 9

Are ongoing compliance requirements applicable?

Accepted Answer

Yes, annual license renewal, VAT filings, audit submissions, and corporate tax compliance are mandatory.

Question 10

Can Sharjah Free Zone companies trade on the mainland?

Accepted Answer

Free Zone companies trade internationally and within Free Zones. Mainland business requires local agent or dual licensing.

Sharjah Company Formation

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