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LLC COMPANY FORMATION IN Sharjah

Mainland Company Formation In Sharjah

Advantages of Mainland Company Formation – Mainland company formation in Sharjah offers numerous advantages, making it an attractive option for businesses looking to establish a presence in the UAE. One of the key benefits is the ability to trade freely within the local UAE market as well as internationally, without any restrictions. Mainland companies can bid for government projects and are eligible for a range of business activities, unlike free zone companies that are limited to specific sectors. Additionally, mainland companies can have a physical office space anywhere in the UAE, providing greater flexibility in choosing a strategic location. They also benefit from 100% foreign ownership in certain sectors, especially following recent regulatory changes. Moreover, mainland companies offer a straightforward visa process for employees and their families, facilitating easier relocation and expansion. Overall, mainland company formation provides a robust framework for business growth and opportunities in a thriving economic environment like Sharjah.

LLC Company Formation In Sharjah

Advantages of LLC Company Formation in Sharjah – Forming a Limited Liability Company (LLC) in Sharjah presents several significant advantages, making it one of the most popular business structures in the region. One of the primary benefits is the flexibility it offers in terms of ownership and management. An LLC allows for up to 100% foreign ownership in many business activities, thanks to recent regulatory reforms, while previously requiring a local Emirati sponsor holding a minority share. This structure also limits the liability of shareholders to the extent of their share in the capital, providing financial protection. Additionally, LLCs can freely operate across the UAE, allowing them to engage in diverse business activities without geographical restrictions. This access to both local and international markets is complemented by the ability to participate in government contracts and projects, which are typically not accessible to free zone companies. Moreover, LLCs can easily open corporate bank accounts, obtain financing, and hire employees, offering a comprehensive framework for business growth and expansion in Sharjah’s dynamic economy.

Process to Open an LLC Company in Sharjah (Sharjah Mainland Setup Process)

Begin your company formation journey with a free consultation. This step helps in selecting the most suitable location and business activity for your LLC.

We confirm if you have previously entered the UAE to create a profile in the Department of Economic Development (DED). This profile creation requires an active mobile number and email ID and allows you to complete the security approval process.

After Security Approval and selection of your desired business activity, we proceed with obtaining initial approval from the Sharjah Economic Department (DED).

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.

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.

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.

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.

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.

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.

Documents Required to Start the Process

For Individual, the following additional documents are required

- Provide 3 preferred trade names (in order of preference).

- Passport copy, visa copy, and Emirates ID of the manager(s)
- Mobile number and email address

- Passport copy, visa copy, and Emirates ID of the manager(s)
- Mobile number and email address

- Office lease agreement (if not opting for a virtual office)

- Passport holding photograph

- Any other documents as requested by the authorities.

For Corporate Shareholders, the following additional documents are required

- Notarized by the issuing authority, and attested by the UAE embassy and Ministry of Foreign Affairs (MOFA) in the UAE.

- Trade license, certificate of incorporation, certificate of incumbency, and MOA/AOA for the parent company, all attested by the UAE embassy and MOFA in the UAE.

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

Passport copy, visa copy, and Emirates ID of the manager(s)

Mobile number and email address

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

Activities That Don’t Need Approval

(These activities can be clicked and it will go to their respective websites, first you need to mention the activities from 1 to 10 only and not the full content in each activity, that content will go inside the activity page)

ACTIVITIES that need additional charges/special approval to form an LLC company in Sharjah

ACTIVITIES that need additional charges/special approval to form an LLC Company in Abu Dhabi

Approval Required From: Dubai Health Authority (DHA)

Approval Required From: Dubai Municipality (DM)

Approval Required From: Knowledge and Human Development Authority (KHDA)

Approval Required From: Dubai Land Department (DLD) and Dubai Municipality (DM)

Approval Required From: Dubai Civil Aviation Authority (DCAA)

Approval Required From: Central Bank of the UAE

Approval Required From: National Media Council (NMC)

Approval Required From: Ministry of Health and Prevention (MOHAP)

Approval Required From: Roads and Transport Authority (RTA)

Approval Required From: Dubai Municipality (DM) and Ministry of Industry and Advanced Technology (MOIAT)

Approval Required From: Dubai Police and SIRA

Approval Required From: Telecommunications and Digital Government Regulatory Authority (TDRA)

Approval Required From: Dubai Municipality (DM) and Ministry of Climate Change and Environment (MOCCAE)

Approval Required From: Dubai Maritime City Authority (DMCA)

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LLC COMPANY FORMATION IN Sharjah

Mainland Company Formation In Sharjah