Sharjah corporate services

Sharjah corporate advisory services

Although Sharjah business start up is complex, Healy Consultants’ expertise related to forming a business in Sharjah is highly valued by our Clients, who appreciate our logical and transparent approach to establishing a business in Sharjah. The following is an overview of the key challenges of Sharjah business start up:Sharjah business

  1. Despite its challenges, Sharjah business start up is attractive for foreign investors seeking a viable, lower-cost alternative to its neighbour, Dubai;
  2. Forming a business in Sharjah is legitimate way to book tax-exempt international profits. In addition, there are no capital gains or personal income taxes in Sharjah;
  3. Investors establishing a business in Sharjah to conduct both local and international trade choose a limited liability company (LLC). Through a Sharjah LLC foreign investors obtain government trade licenses, work and residence permits, rent Sharjah business premises, and open a local corporate bank accounts. However, a Sharjah LLC requires a minimum 51% shareholding by UAE citizens, must rent a physical office in Sharjah and has high minimum capital requirements of US$41,000, which must be paid during Sharjah business start up;
  4. Investors forming a business in Sharjah through a Sharjah free zone company can fully own the company. For more information, visit our Sharjah company formation page;
  5. Investors forming a business in Sharjah through a Sharjah branch company can fully own the entity and avoid an annual audit;
  6. The Hamriyah free zone is option for entrepreneurs interested in starting a business in Sharjah;
  7. Despite the complexity of establishing a business in Sharjah, Healy Consultants ensures procedures are completed efficiently, using the following as a chronological guide:
    • Prior to Sharjah business start up, our Clients settles our fees and signs Healy Consultants engagement letter;
    • Healy Consultants provides a detailed engagement plan related to forming a business in Sharjah;
    • Healy Consultants completes Sharjah business start up with the corporate structure as agreed with our Client;
    • Healy Consultants opens a local or international multi-currency corporate bank account for our Client after establishing a business in Sharjah;
    • After forming a business in Sharjah, Healy Consultants emails an engagement feedback survey to our Client.

  8. Healy Consultants offers a wide range of services to support Sharjah business start up, including:
    • After forming a business in Sharjah, Healy Consultants will open a local or international corporate bank account with a leading retail bank in Sharjah, such as HSBC, Standard Chartered, and Citibank;
    • After establishing a business in Sharjah, Healy Consultants prepares business plans, conducts market research, and draws up feasibility studies for Clients;
    • Following Sharjah business start up, Healy Consultants handles statutory accounting formalities on behalf of the company;
    • After forming a business in Sharjah, Healy Consultants assists Clients to locate suitable office premises in Sharjah or elsewhere in the UAE, and/or provides virtual office services to enable them to avoid the high costs of renting an office in Sharjah;
    • After establishing a business in Sharjah, Healy Consultants assists our Client to obtain corporate finance, trade finance, and open merchant accounts.

Contact us

For additional information on Sharjah company formation, you can email us at email@healyconsultants.com or phone us at (+65) 6735 0120. Address: Bldg. Q1-01-27, Sharjah Airport Freezone/Bldg. 6E A, Office 213, Dubai Airport Freezone.