How to Start an LLC Company in Sharjah Free Zone

Are you looking to set up an LLC company in Sharjah? We are here to help you through the process every step of the way. Setting up an LLC in Sharjah can be a great way to start your business in UAE and take advantage of the multiple benefits that come with it. With our expertise, experience, and dedication to client satisfaction, we are confident that we can help you achieve your business goals and navigate the setup process with ease.

What is an LLC Company?

An LLC, or Limited Liability Company, is a popular business structure that combines the flexibility of a partnership with the limited liability protection of a corporation. In Sharjah, an LLC is commonly chosen by entrepreneurs looking to establish a business with multiple shareholders or partners.

Why Choose Sharjah for Setting Up an LLC Company?

Sharjah is a thriving business hub in the United Arab Emirates, offering a strategic location, a business-friendly environment, and a wide range of opportunities for businesses of all sizes. Setting up an LLC company in Sharjah can provide numerous benefits, including access to a skilled workforce, state-of-the-art infrastructure, and tax incentives.

Steps to Setting Up an LLC Company in Sharjah

Setting up an LLC company in Sharjah involves several steps that must be followed meticulously to ensure compliance with local regulations and requirements. Here are the key steps to setting up an LLC company in Sharjah Free Zone:

1. Choose a Business Activity: The first step in setting up an LLC company in Sharjah is to choose a business activity that aligns with your goals and objectives. Make sure to conduct thorough research to determine the demand for your chosen business activity in the market.
2. Select a Company Name: The next step is to select a unique and suitable name for your LLC company. The name must comply with the guidelines set by the Department of Economic Development in Sharjah.
3. Draft the Memorandum of Association: The Memorandum of Association is a legal document that outlines the company’s structure, activities, and shareholding. It must be drafted and notarized by a legal professional.
4. Obtain Initial Approval: Once the Memorandum of Association is ready, you must obtain initial approval from the Department of Economic Development in Sharjah.
5. Secure a Business License: After obtaining initial approval, you can proceed to apply for a business license from the Department of Economic Development.
6. Open a Corporate Bank Account: To operate your LLC company in Sharjah, you will need to open a corporate bank account to manage your finances effectively.
7. Finalize Immigration and Labor Procedures: Finally, you must ensure that you comply with all immigration and labor procedures to legally operate your LLC company in Sharjah.

Benefits of Setting Up an LLC Company in Sharjah

Setting up an LLC (Limited Liability Company) in Sharjah comes with several advantages. Some of the key benefits include:

1. Limited Liability Protection: As the name suggests, an LLC provides the owners with limited liability protection, ensuring that their assets are safeguarded in case of any legal issues or debts.
2. Flexibility in Management: An LLC allows for flexibility in management structure, giving the owners the freedom to run the business as they see fit.
3. Tax Benefits: Sharjah offers attractive tax incentives for businesses, making it a cost-effective option for entrepreneurs.
4. Access to Local Markets: By setting up an LLC in Sharjah, businesses gain access to the local market as well as the wider UAE market, opening up opportunities for growth and expansion.

Calculate Your Business Setup Cost Now

- Step 1 of 10

Q1 - Choose Your Business Category.

Pick the category that describes your business. *Please SelectAccountingAdvertisingAgriculturalFinanceLogisticsInvestmentReal EstateBrokerageConsultancy - ITConsultancy - MarketingConsultancy - HRConsultancy - MaritimeConsultancy - ManagementConsultancy - AviationConsultancy - FinanceConsultancy - LogisticsConsultancy - MediaDesignLifestyle CoachingProduction - Art/Video/Photography/Graphic DesignEvents/Exhibition OrganizersGeneral TradingTrading - GarmentsTrading - FurnitureTrading - Building MaterialsTrading - FoodstuffTrading - AutomobileTrading - ElectronicsSportsCustomer Care CenterOther

Other (please specify) *

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Q2 - NUMBER OF ACTIVITIES

3 activities are included. Additional activities can be added at AED 1000 per activity. *Please Select12345 or More

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Q3 - HOW MANY SHAREHOLDERS WILL YOUR COMPANY HAVE?

The number of shareholders will help identify the most suitable setup for your business. *Please Select12345 or More

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Q4 - HOW MANY VISAS WILL YOU NEED?

The number of visas you will need should account for your own visa (if required) and visas for the number of employees you plan to hire over the next year. *Please Select0123456

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Q5 - DO YOU HAVE A BUSINESS PLAN?

DO YOU HAVE A BUSINESS PLAN? *

• Yes
• No

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Q6 - ARE YOU CURRENTLY LIVING IN THE UAE?

Q6 - ARE YOU CURRENTLY LIVING IN THE UAE? *

• Yes
• No

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Q7 - ANNUAL TURNOVER

Your current or forecasted annual turnover for your business in the next 12 months. *

• AED 20,000 - 100,000
• AED 100,000 - 250,000
• AED 250,000 - 500,000
• AED 500,000 - 1,000,000
• AED 1,000,000 - 5,000,000
• AED 5,000,000 +

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business MANY account

Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS?

Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS? *Please SelectImmediatelyNext MonthUndecided

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Q9 - CONTACT DETAILS

First Name *

Last Name *

Email Address *

Phone *

Nationality *AfghanAlbanianAlgerianAmericanAndorranAngolanAnguillanArgentineArmenianAustralianAustrianAzerbaijaniBahamianBahrainiBangladeshiBarbadianBelarusianBelgianBelizeanBenineseBermudianBhutaneseBolivianBotswananBrazilianBritishBritish Virgin IslanderBruneianBulgarianBurkinanBurmeseBurundianCambodianCameroonianCanadianCape VerdeanCayman IslanderCentral AfricanChadianChileanChineseCitizen of Antigua and BarbudaCitizen of Bosnia and HerzegovinaCitizen of Guinea-BissauCitizen of KiribatiCitizen of SeychellesCitizen of the Dominican RepublicCitizen of VanuatuColombianComoranCongolese (Congo)Congolese (DRC)Cook IslanderCosta RicanCroatianCubanCymraesCymroCypriotCzechDanishDjiboutianDominicanDutchEast TimoreseEcuadoreanEgyptianEmiratiEnglishEquatorial GuineanEritreanEstonianEthiopianFaroeseFijianFilipinoFinnishFrenchGaboneseGambianGeorgianGermanGhanaianGibraltarianGreekGreenlandicGrenadianGuamanianGuatemalanGuineanGuyaneseHaitianHonduranHong KongerHungarianIcelandicIndianIndonesianIranianIraqiIrishIsraeliItalianIvorianJamaicanJapaneseJordanianKazakhKenyanKittitianKosovanKuwaitiKyrgyzLaoLatvianLebaneseLiberianLibyanLiechtenstein citizenLithuanianLuxembourgerMacaneseMacedonianMalagasyMalawianMalaysianMaldivianMalianMalteseMarshalleseMartiniquaisMauritanianMauritianMexicanMicronesianMoldovanMonegasqueMongolianMontenegrinMontserratianMoroccanMosothoMozambicanNamibianNauruanNepaleseNew ZealanderNicaraguanNigerianNiueanNorth KoreanNorthern IrishNorwegianOmaniPakistaniPalauanPalestinianPanamanianPapua New GuineanParaguayanPeruvianPitcairn IslanderPolishPortuguesePrydeinigPuerto RicanQatariRomanianRussianRwandanSalvadoreanSammarineseSamoanSao TomeanSaudi ArabianScottishSenegaleseSerbianSierra LeoneanSingaporeanSlovakSlovenianSolomon IslanderSomaliSouth AfricanSouth KoreanSouth SudaneseSpanishSri LankanSt HelenianSt LucianStatelessSudaneseSurinameseSwaziSwedishSwissSyrianTaiwaneseTajikTanzanianThaiTogoleseTonganTrinidadianTristanianTunisianTurkishTurkmenTurks and Caicos IslanderTuvaluanUgandanUkrainianUruguayanUnited Arab EmiratesUzbekVatican citizenVenezuelanVietnameseVincentianWallisianWelshYemeniZambianZimbabwean

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Steps to Setting Up an LLC Company in Sharjah

Now that you understand the benefits of establishing an LLC in Sharjah, let’s delve into the steps involved in setting up your company:

1. Select a Trade Name: The next step is to choose a unique trade name for your company and have it approved by the relevant authorities in Sharjah.
2. Draft the Memorandum of Association: The memorandum of association outlines the company’s structure, activities, and shareholders’ details. This document must be notarized by a public notary in Sharjah.
3. Obtain Necessary Licenses: Depending on the nature of your business, you may need to obtain specific licenses and permits from the government authorities in Sharjah.
4. Register the Company: Once all the necessary documents are in place, you can proceed to register your LLC company with the Department of Economic Development in Sharjah.
5. Open a Corporate Bank Account: To start operations, you will need to open a corporate bank account for your LLC company in Sharjah.

Required Documents for LLC Company Setup in Sharjah

When setting up an LLC company in Sharjah, you will need to prepare the following documents:

1. Passport copies of shareholders: All shareholders of the LLC company must provide copies of their passports. Make sure the copies are clear and legible.
2. Emirates ID copies of shareholders: Along with passport copies, shareholders need to provide copies of their Emirates ID. This is essential for identification purposes.
3. Proof of residence: Shareholders must present proof of their residential address. This can be in the form of a utility bill or a rental agreement.
4. No Objection Certificate (NOC) from sponsor: If any of the shareholders are sponsored by an employer, they will need to obtain a NOC from their sponsor to set up an LLC company.
5. Memorandum of Association (MOA): The MOA outlines the company’s activities, shareholders’ details, and share capital. This document is essential for the company setup process.
6. Tenancy contract: You will need to provide a tenancy contract for the office space where the LLC company will operate. The contract should be attested by the Sharjah Municipality.
7. Trade name reservation certificate: Before proceeding with the company setup, you must reserve a trade name for your LLC company. The reservation certificate is required during the setup process.
8. Power of Attorney: If any of the shareholders are unable to be present during the setup process, a Power of Attorney document is required to authorize a representative to act on their behalf.

Cost of LLC Company Setup in Sharjah

When setting up an LLC in Sharjah, you can expect to incur several expenses, including:

1. License Fees: The first step in establishing an LLC is obtaining a trade license from the Sharjah Economic Development Department (SEDD). The cost of the license will depend on the nature of your business activities.
2. Registration Fees: You will also need to pay registration fees to the relevant authorities in Sharjah. These fees can vary depending on the type of company you are setting up and the services you require.
3. Legal Fees: It is advisable to hire a legal representative to help you navigate the legal requirements of setting up an LLC in Sharjah. Legal fees can vary depending on the complexity of your business structure.
4. Office Space: As per the UAE law, every business must have a physical office space in Sharjah. The cost of office rent will depend on the location and size of the space you require.
5. Visa Costs: If you plan to sponsor employees or partners, you will need to account for visa costs and processing fees.

Benefits of Getting an LLC Company License in Sharjah

There are several advantages to setting up an LLC company in Sharjah. Some of the key benefits include:

1. Limited liability protection for shareholders
2. Flexibility in management and profit distribution
3. Ability to sponsor employees and issue visas
4. Access to local markets and government contracts
5. Tax benefits and incentives for business growth

By getting an LLC company license in Sharjah, you can take advantage of these benefits and establish a strong presence in the local business community.

Step-by-Step Guide to LLC Company Formation in Sharjah

1. Consultation: Our experts will start by understanding your business needs and goals to determine the best structure for your LLC company.
2. Name Reservation: We will help you choose a unique name for your company and reserve it with the relevant authorities.
3. Drafting Documents: Our team will prepare all the necessary documents, including the Memorandum of Association and Articles of Association.
4. Submission: We will submit the required documents to the Department of Economic Development in Sharjah on your behalf.
5. License Acquisition: Once the documents are approved, we will help you obtain the necessary business licenses and permits.
6. Bank Account Opening: We will assist you in opening a corporate bank account for your LLC company.
7. Visa Processing: If required, we can also help with visa processing for you and your employees.

In conclusion, LLC company formation in Sharjah offers a host of benefits for entrepreneurs looking to start a business in the region. From limited liability protection to tax efficiency and flexibility, an LLC can be a smart choice for many business owners. By following the steps outlined in this guide, you can successfully set up your LLC company in Sharjah Free Zone and start your entrepreneurial journey with confidence.

Connect with Neeja Corporate Services

Are you looking to start your company in Dubai but feeling overcome by the registration process? Don’t worry, you’re not alone. Setting up a business in a foreign country can be challenging, but with the right guidance and support, it doesn’t have to be a stressful experience. Neeja’s business setup services offer complete support and serve as a one-stop shop for company setup in Dubai. We provide a wide range of value-added services, such as an LLC Company in Sharjah Free Zone and VAT registration. Over the years, we have successfully advised many new entrepreneurs to make their business dreams a reality.

To book a free consultation, call on +971 43243031. You can also send a WhatsApp message at +971 50 465 2843. To connect over email, send us your query at [email protected].

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