Commercial Brokerage License In Sharjah

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Commercial Brokerage License In Sharjah

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Commercial Brokerage License In Sharjah

Sharjah’s strategic location and flourishing economy offer a wealth of opportunities for businesses in the brokerage industry. Obtaining a Commercial Brokerage License in Sharjah enables individuals and companies to act as intermediaries in the buying, selling, and leasing of goods and services. This license is essential for those looking to connect businesses and clients in various sectors such as real estate, finance, trade, and more.

With a growing demand for professional brokerage services and Sharjah’s pro-business environment, this license provides an ideal opportunity for entrepreneurs to operate legally and tap into the region’s expanding commercial landscape. It allows businesses to build networks, facilitate transactions, and drive growth in the UAE and beyond.

Process

Process to Open a Commercial Brokerage 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.

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.

After profile creation 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.

The estimated cost for opening this license is approximately 18,000 AED. 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

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
MOA/AOA for the parent company, all attested by the UAE embassy and MOFA in the UAE.

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