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Introduction SPC Free Zone
Sharjah Publishing City (SPC) Free Zone, located in Al Zahia, Sharjah, is a new area in the UAE designed for businesses. It mainly focuses on licensing activities related to publishing and printing. In addition to publishing, it provides different types of business licenses in UAE for general trading, consulting, e-commerce, and IT services. One of the main features of this zone is its modern office spaces, which are available for lease.
Company Formation in SPC Free Zone
SPC Free Zone, established in 2017, is a business-friendly location near Carrefour Mall and Dubai International Airport. It offers many facilities, including coworking spaces, retail shops, storage units, and commercial offices. With a simple and quick company setup process and in-house immigration services, it provides affordable business licenses starting at AED 9,000 for a Zero Visa Quota, making it an ideal starting point for startups and entrepreneurs.
Business Advantages of Setting Up a Company in Sharjah Publishing City
Setting up a business in the Sharjah Publishing City (SPC) Free Zone has many benefits for entrepreneurs and investors looking to operate in the UAE. Here are some key advantages:
- 100% Foreign Ownership: You can own your business entirely without needing a local partner.
- Zero Paid-Up Share Capital: There is no need for an initial money investment, making it easier for startups and small businesses to get started.
- 24/7 Office Access: Our office spaces are available 24/7 for added flexibility.
- Easy Bank Account Setup: Opening a corporate bank account is simple and quick.
- 0% Corporate and Personal Income Tax: There are no taxes on business profits or personal income, which helps increase your earnings.
- Flexible Visa Quota: You can get as many visas as your business needs, allowing you to hire expatriate workers easily.
- Dual License Availability: Businesses can hold both Free Zone and Sharjah mainland LLC licenses, providing more flexibility and access to markets.
- Prime Location: The SPC Free Zone is located along Sheikh Mohammed Bin Zayed Road, making it a strategic and cost-effective place to do business.
Steps to Set Up a Business in SPC Free Zone
- Choose a Business Activity: Identify the business activity you want to pursue to get the right business license.
- Select a Trading Name: Pick a unique trading name that any other company in Sharjah hasn’t used.
- Obtain Initial Authorization: Apply for initial approval from the Sharjah Department of Economic Development.
- Submit Required Documents: Provide all necessary documents to the company registration authority.
- Apply for a Business License: After your application is approved, you’ll receive your registration certificate and business license, officially establishing your company in the SPC Free Zone.
- Starting your business in Free Zone is straightforward and designed to help you succeed!
Company Structure Options in SPC Free Zone
When setting up a business in Sharjah Publishing City (SPC) Free Zone, you have several company structure options to choose from:
- Free Zone Establishment (FZE): This is a single-shareholder company. An individual or a corporate entity can own it.
- Free Zone Company (FZC): This option allows for up to seven shareholders. Shareholders can be individuals, corporate entities, or a mix of both.
- Branch of a Company: This includes branches of local UAE companies as well as international branches of foreign companies.
Business Licenses Available in SPC Free Zone
In Sharjah Publishing City (SPC) Free Zone, investors can choose from several business licenses custom to their specific needs:
- Commercial License: License is essential for businesses engaged in import-export or trading activities. It ensures legal compliance and facilitates smooth business transactions.
- General Trading License: A General Trading License enables companies to trade a wide range of products under a single license, offering flexibility without restrictions on the types of goods.
- Services License: This license permits businesses to offer specific services, such as consulting, repair, or marketing. It ensures that service providers meet regulatory requirements and operate by the law.
- E-commerce License: An E-commerce/Trading License enables businesses to operate online, allowing them to trade goods or services through digital platforms while ensuring compliance with online transaction regulations.
Business Packages & Lease Options in SPC Free Zone
SPC Free Zone offers business packages and space leasing options to meet business requirements.
- Publishing Coworking License Package: Starting from AED 5,750 for one year (0 visa).
- Coworking License Package: Starting from AED 9,000 for one year (0 visa).
- Unfurnished Office Space Package: AED 980/Sqm annually + License Fee (AED 5,750 for 0 visas / AED 9,250 for 1+ visas).
- Furnished Office Space Package: AED 1,100/Sqm annually + License Fee (AED 5,750 for 0 visas / AED 9,250 for 1+ visas).
- Open/Shell & Core Package: AED 400/Sqm annually + AED 5,750 License Fee (0 visa).
- Warehouse/Storage Package: AED 480/Sqm annually + AED 5,750 License Fee (0 visa).
How Silver Oak Documents Clearing Services LLC Can Help
Silver Oak offers full support for company liquidation in the UAE. Our experts manage paperwork, coordinate with government departments, and make sure your business is closed smoothly and legally. From cancelling your trade license to clearing staff visas, we handle every step to save you time and avoid stress.
Professional Business Setup Advice
Starting a business in the SPC Free Zone can be easy with the proper support. Our experienced team is here to guide you through the process of setting up your company in Sharjah Publishing City. We have years of experience in helping businesses in the UAE and providing personalized advice based on your needs.
We will assist you from understanding your business requirements to completing the setup. With our expertise, we ensure that your company’s legal framework is handled correctly from the beginning.
If you need help with your business setup in Sharjah Publishing City, our local advisors are ready to assist you. We welcome your questions and feedback to improve our services. We look forward to working with you to help your business succeed in the SPC Free Zone! Silver Oak Biz assists with VAT Registration in the UAE and Corporate Tax Services in the UAE.
FREQUENTLY ASKED QUESTIONS
Do you have any question? Find answer here
What licenses are available in Sharjah Publishing City?
Sharjah Publishing City provides four major licenses: media, service, commercial, and general trading license.
Where is Sharjah Publishing City located?
Sharjah Publishing City is at Sharjah Book Authority, Al Zahiya, Sheikh Mohammed Bin Zayed Rd, E311, UAE.
Can I still start my company in Sharjah Publishing City even if I do not have any publishing business activities?
Sharjah Publishing City offers over 1,500 business activities for entrepreneurs, even those who don't have publishing businesses. These activities range from technology and innovation to retail and trading, providing a diverse range of opportunities for business growth.
Does Sharjah Publishing City offer office spaces and facilities?
Sharjah Publishing City provides a range of business packages, including co-working spaces, office spaces, retail/shell & core, warehouses, and storage space allocation.
Does Sharjah Publishing City offer freelancer permits?
Sharjah Publishing City currently does not provide freelancer permits or visas.
Does Sharjah Publishing City allow 100% foreign ownership?
Sharjah Publishing City Free Zone is a location that permits 100% foreign ownership.
Sharjah Publishing City Free Zone is a location that permits 100% foreign ownership.
Sharjah Publishing City Free Zone is a location that permits 100% foreign ownership.
Am I eligible for a zero-visa allocation for my Sharjah business license?
Sharjah Publishing City allows up to 20 visa allocations with no visa required per business license.
What is a dual license?
A dual license allows businesses in the Free Zone to obtain a mainland license, expanding their territory and market reach. This means that companies registered in the Free Zone can operate both within the Free Zone and on the mainland without the need for a local partner.
Can I start my business at Sharjah Publishing City without a local partner?
A Sharjah Publishing City registered company can be incorporated without a local partner, allowing entrepreneurs to start their businesses there.
Can I open a corporate bank account under a Single Person Company (SPC) business license?
Upon receiving an SPC business license, you can easily open a corporate bank account anywhere in the UAE, making the process of setting up your business more convenient and straightforward.
