How to Setup your Business in SPC Free Zone: Sharjah Publishing City Company Formation Guide
Company formation in SPC Free Zone is a Low Cost option for business setup in Sharjah. If you need information regarding setting up a business in Sharjah Publishing City, Smart Zones® UAE happy to assist you.
- 100% Foreign Ownership
- Easy Business Setup
- Up to 100 visas on one license
- Variety of office space options
Sharjah Publishing City Free Zone (SPC) stands as one of the pioneering Free Zone concepts worldwide, exclusively designed to cater to the needs of the global publishing and media sector.
Why Setup your Business in SPC Free Zone ?
Sharjah Publishing City Free Zone Featuring a diverse range of more than 1,500 business activities encompassing publishing, printing, E-commerce, business consultancies, and information and technology, the business setup within SPC Free Zone provides opportunities for contemporary office spaces, cutting-edge facilities, warehouse spaces, storage areas, and co-working spaces.
The SPC Free Zone presents a competitive offering. It boasts high-quality business infrastructural facilities, enabling entrepreneurs to effortlessly initiate and expand their companies within the region. Serving as an ideal launchpad for startups and entrepreneurs seeking to minimize business setup costs, it facilitates the straightforward registration of a company and the commencement of business operations.
Services offered by Sharjah Publishing City (SPC) Free Zone
SPC Free Zone prides itself on expeditiously delivering services, from the moment of incorporation to the stamping of the Investor Visa on the passport. As the immigration facility is situated within the Free Zone, the entire process of company incorporation and residency stamping for the investor is completed in just 7 working days.
Catering to diverse investor needs, the Free Zone provides infrastructure and a business-friendly environment, allowing them to easily establish their businesses and actively contribute to the burgeoning UAE economy.
SPC Free zone provides exclusive state-of-the-art office spaces (furnished and unfurnished), warehouses, storage areas, shell and core offices, 24/7 office access, meeting room availability, co-working spaces, and cafes.
A distinctive feature of SPC Free zone is its authority to issue a DUAL LICENSE. This license combines a Free zone License and a Mainland License, both issued by the Freezone. In this arrangement, the Freezone serves as the UAE Local Sponsor, holding shares alongside the expatriate. Obtaining a dual license is a seamless process handled entirely by the Freezone, making it particularly advantageous for businesses such as general trading and e-commerce.
Benefits of Company Formation in SPC Free Zone, UAE
- Premium and Convenient Location: Positioned strategically in the heart of Sharjah City, SPC Free Zone offers dedicated spaces for trading and retail. Acquiring a Sharjah Publishing City license provides convenient access to a variety of business facilities, with diverse options for business activities within the Free Zone.
- Massive Incentives and Government Subsidies: As the 3rd largest emirate in the UAE, Sharjah extends additional incentives, including tax and duty exemptions, 100% business ownership, and capital repatriation. The Government of Sharjah also covers approximately 70% of the cost of water and electricity subsidies.
- Hassle-free Employment Recruitment: Companies in Sharjah free zone, particularly those in SPC, enjoy the freedom to recruit both local and expatriate talents. SPC Free Zone can also assist with manpower upon request, and employment visas are facilitated for all employee companies within SPC Free Zone.
- Quick and Easy Business Setup: SPC Free Zone ensures a fast and convenient process for company registration and license acquisition. Depending on your business's nature, a Sharjah Publishing City license is typically issued within 24 hours.
Types of Business Licenses Available in SPC Free Zone, UAE
There are the three (3) varieties of licenses available within Sharjah Publishing City Free Zone.
Commercial License
Companies in Sharjah Free Zone holding this license have the authority to participate in general trading, retail services, import and export, and other associated activities.
Trading License
Encompassing business activities centered on the buying and selling of goods.
Services License
Enabling business activities such as business and management consulting, accounting, real estate consultancy, human resources, technical services, and other professional services relying on human skills, ability, and talent.
E-Commerce License
Covering business activities conducted through an online medium.
Business Structures in Sharjah Publishing City Free Zone (SPC)
- Free Zone Establishment (FZE): The Free Zone Establishment category is designed for businesses with a single shareholder.
- Branch of a Company: The branch structure is suitable for businesses that already exist in other countries or in the UAE. This type of company can establish a local or international branch in the SPC Free Zone.
- Free Zone Company (FZC): The Free Zone Company is tailored for businesses with multiple shareholders. In the SPC Free Zone, companies can have up to seven (7) shareholders.
Steps to Launch a Business in SPC Free Zone, UAE
Establishing a Company in Sharjah Publishing City Free Zone (SPC) involves several steps:
Embark on the journey of opening a business in Dubai by partnering with Smart Zones® UAE. Our adept company formation specialists will guide you through the business license application and setup process, liaising with relevant government and municipal authorities on your behalf.
Securing a robust business name is crucial for Sharjah free zone companies as it provides an identity to your business. Opt for a memorable and distinctive name that is easily recallable for your customers. The chosen name should be accompanied by the legal form of the entity (LLC, FZE, FZC, etc.) and must adhere to the guidelines that prohibit violations of public morals or the public order of the country. Moreover, names of governing authorities, emirates, the UAE, or any religion should not be used.
Understanding the nature and category of Sharjah free zone companies in SPC is vital for maximizing incentives, benefits, and revenue. Select from over 1,500 business activities and apply for your Sharjah Publishing City license.
Free zones provide flexibility regarding office space requirements. You can either rent or purchase a property that accommodates your staff and services.
Setting up a business in SPC free zone is straightforward. All you need to do is submit your application along with the relevant trade license, documentation, and paperwork, and proceed to pay the registration and licensing fees.
Complete the process by opening your corporate bank account for your Dubai Business with Smart Zones® UAE. This final step paves the way for the successful opening of your Business.
Remember that the process may vary depending on your chosen jurisdiction and business activities. Consulting legal and business experts familiar with Dubai's business setup landscape is highly recommended.
Looking for a seamless business setup experience? Trust Smart Zones® Dubai to pave the way.
Documents Required to Start a Business in Sharjah Publishing City, UAE
Provided below is a comprehensive list of documents required to establish a company at SPCFZ.
For Freezone Establishment (FZE)
- Company Registration Application Form in SPC Free Zone
- Copy of Passports for Shareholders, Directors, and Managers
- Copy of Visa & Emirates ID for Shareholders, Directors, and Managers
- Proof of Address for Shareholders (recent utility bill/bank statements, etc.)
- Passport-size Photograph of the Shareholder (white background)
- Memorandum & Article of Association
- Specimen Signature of the Proposed Manager
For Branch Company
- Company Registration Form
- Declaration Document from the Owner
- Manager's Passport Copy & Photograph
- Proof of Address for the Manager
- Attested Memorandum & Articles of Association of the Parent Company
- Attested Certificate of Incorporation of the Parent Company
- Attested Board Resolution and Power of Attorney of the Parent Company
- Attested Business License of the Parent Company
Submitting incorrect documents can lead to immediate rejection. Our consultants at Smart Zones® UAE ensure you have the right documents, avoiding any complications in the process.
Cost of Company Formationn in SPC Free Zone
SPC Free Zone offers economical business packages suitable for companies of various sizes, including SMEs and startups. Smart Zones®UAE business setup consultants can provide you with information regarding the expenses associated with incorporating a company in SPC. Below are some of the most recent business setup packages available in the free zone:
- One-year license with no visa at AED 6,500
- One-year license with one visa allocation at AED 9,500
- One-year license with three-visa allocation at AED 17,500
SPC Free Zone is a pioneering concept designed exclusively for the global publishing and media sector, offering over 1,500 business activities. It provides modern office spaces, cutting-edge facilities, and competitive business packages suitable for companies of all sizes.
SPC Free Zone offers expedited services, diverse business infrastructural facilities, and a range of state-of-the-art office spaces, warehouses, co-working spaces, and more.
SPC Free Zone offers a competitive business environment, facilitates quick company incorporation, and provides a convenient location in the heart of Sharjah City. It also extends massive incentives, government subsidies, and hassle-free employment recruitment.
SPC Free Zone offers Commercial, Trading, Services, and E-Commerce licenses to cater to various business activities.
SPC Free Zone offers Free Zone Establishment (FZE), Branch of a Company, and Free Zone Company (FZC) structures.
The steps include partnering with Smart Zones® UAE, applying for a trade name, applying for a trade license, selecting an office space, registering the business, and opening a corporate bank account.
For Freezone Establishment (FZE) and Branch Company setups, documents include company registration forms, passports, visa copies, proof of address, memorandum & articles of association, and more.
SPC Free Zone offers cost-effective business packages, with options such as a one-year license with no visa at AED 6,500, one-year license with one visa allocation at AED 9,500, and one-year license with three-visa allocation at AED 17,500.
Want to know more, talk to Smart Zones® Dubai advisory team they will be happy to help. Ready to invest in your future?
