How long does it take to incorporate a Sharjah company?
Average time for registering a Sharjah company is 13 weeks.
What are the problems of setting up a Sharjah limited liability company (LLC)?
A Sharjah LLC requires a minimum 51% shareholding by UAE citizens.
How difficult is it to open a corporate bank account for a Sharjah company?
Opening a corporate bank account with a reputable international bank is easy.
Am I required to visit Sharjah to incorporate a company there?
No. Healy Consultants can legally incorporate your Sharjah company without you needing to travel.
What is the minimum number of directors required for a Sharjah company?
A Sharjah company requires a minimum of one director.
Can my company be 100% foreign-owned?
Yes, if incorporating in the Sharjah Airport Free Zone.
Is a resident director required?
What is the minimum number of shareholders required for a Sharjah company?
A Sharjah Airport Free Zone company requires a minimum of two shareholders and a Sharjah LLC also requires a minimum of two shareholders.
Are shareholder/director details available for public viewing?
What are the minimum capital requirements for a Sharjah company?
Setting up a company in the Sharjah free zone requires a minimum capital of US$41,000.
Is a Sharjah company required to submit an annual tax return and/or financial statements?
All foreign companies in Sharjah are obliged to submit an annual return and are required to have their financial statements audited annually.
How much tax does a Sharjah company pay?
A Sharjah company does not have to pay any corporate tax. Also, Sharjah companies are free to repatriate all capital and profits from the UAE if required. Furthermore, if a distributor wants to sell within the UAE, a 5% customs duty is levied.