Are you need IT Support Engineer? Free Consultant
Real Estate License In Sharjah
Real Estate License In Sharjah
Sharjah, a thriving emirate in the UAE, has seen significant growth in its real estate sector, making it an attractive destination for property investors, developers, and real estate professionals. Known for its cultural heritage and strategic location between the bustling cities of Dubai and the northern emirates, Sharjah offers a balanced and stable environment for real estate ventures.
A Real Estate License in Sharjah is essential for businesses and individuals looking to engage in property development, brokerage, management, or consultancy. With the license, you gain legal authorization to operate in the emirate’s real estate market, allowing you to buy, sell, lease, or manage properties across residential, commercial, and industrial sectors. The real estate market in Sharjah is diverse, offering opportunities ranging from affordable housing projects to luxury developments, making it appealing to a broad range of investors.
Sharjah’s government has implemented business-friendly regulations to streamline the licensing process and ensure transparency within the property market. The emirate’s competitive pricing, high return on investment, and growing demand for property make it an excellent choice for real estate businesses.
This introduction will provide an overview of the requirements, procedures, and benefits of obtaining a Real Estate License in Sharjah, helping you understand how to establish a successful presence in this dynamic sector.
Process
Process to Open a Real Estate License Company in Sharjah (Sharjah Mainland Setup Process)
Step 01
Setup Consultation
Begin your company formation journey with a free consultation. This step helps in selecting the most suitable location and business activity for your LLC.
Step 02
Sharjah DED Security Approval
After Security Approval and selection of your desired business activity, we proceed with obtaining initial approval from the Sharjah Economic Department (DED).nt in the UAE.
Step 03
Initial Approval
After profile creation and selection of your desired business activity, we proceed with obtaining initial approval from the Sharjah Economic Department (DED).
Step 04
Trade Name Reservation
Provide us with three preferred business names to check for availability. Once a name is available, we reserve it for your business license. As per DED regulations, the activity type must be mentioned after the chosen business name.
Step 05
MOA Drafting and Signing
We draft a standard Memorandum of Association (MOA) approved by the DED. MOA Signing needs to be done in front of the Notary officer in DED.
Step 06
Tenancy Contract/Office Tenancy
If you have your own office space, provide us with the Tenancy Contract to link with your license application. Alternatively, we can source a virtual Tenancy Contract for you.
Step 07
Final Payment Voucher
Upon successful submission of all documents, we will receive a payment voucher. Once payment is made, the business license will be issued, subject to DED approvals.
Step 08
Immigration, eChannel Registration and Visa Processing
Post-license issuance, we will register your company with immigration and create your eChannel account and initiate the visa application process for the investor/partner.
Step 09
Bank Account Opening
With your business license and Emirates ID, we can assist you with the digital bank account opening process, which you can complete at your convenience.
License
License Cost
The estimated cost for opening this license is approximately 18,000 AED + 5,050 AED for RERA approval per activity. This includes the license with two shareholders, initial approval, trade name reservation, and MOA signing. For a detailed quotation or consultation, please contact us through the inquiry form.
Documents Required to Start the Process
For Individual, the following additional documents are required
- Trade Names
- Provide 3 preferred trade names (in order of preference)
- Manager's Documents
- Passport copy, visa copy, and Emirates ID of the manager(s)
- Mobile number and email address
- Shareholder's Documents
- Ejari
- Office lease agreement (if not opting for a virtual office)
- Photograph
- Passport holding photograph
- Additional Documents
- Any other documents as requested by the authorities.
For Corporate Shareholders, the following additional documents are required
- Board Resolution
- Notarized by the issuing authority, and attested by the UAE embassy and Ministry of Foreign Affairs (MOFA) in the UAE.
- Corporate Documents
- Trade license, certificate of incorporation
- Certificate of incumbency
- MOA/AOA for the parent company, all attested by the UAE embassy and MOFA in the UAE.
PRO Deskk is a one stop business solution.