A Sharjah Mainland license enables entrepreneurs to engage in business activities both within and beyond the borders of the UAE. The Department of Economic Development (DED) in Sharjah is responsible for granting trade licenses to mainland companies. Entrepreneurs have the option to register for either a professional license or a commercial license in Sharjah Mainland. The trade license issued by the DED is regarded as premium and offers various benefits. Allows for 100% foreign ownership
- Possess and rent office space in mainland Dubai.
- Able to do business with government agencies.
- Fewer nationality restrictions for obtaining a trade license.
- Easier to create bank accounts, particularly with traditional banks.
It is not necessary to have physical office space in order to create a company in Sharjah; Fanar Management Consultancy’s co-working DED package would be the ideal way to get started.
Advantages of Company Formation in DED Sharjah
Freedom to Operate Anywhere
Since it gives you the freedom to conduct business anywhere, it is strongly advised that you obtain a Sharjah Mainland License. Enterprises with headquarters located in the United Arab Emirates are allowed to trade and do business in all free zones as well as inside the nation.
Ability to Work with Government Bodies
Businesses with licenses from the mainland may be working on government contracts. The UAE government, which frequently requires qualified contractors for multi-million dollar projects, gives you the chance to compete on high-risk, high-return projects.
No Visa Limitations
Companies with a business license on the UAE mainland are allowed to extend their visa issuing capacity. More real estate may eventually be required, but growing the business is much easier.
Free Zones additionally allow for the use of dual licensing structures (Mainland and Free Zone).
Financial Viability
Companies with a Mainland Sharjah license have the same benefits as those with a Free Zone license. This holds true for not having to pay taxes as well. It’s also important to keep in mind that starting a business without a minimum capital requirement is possible with a Sharjah Mainland License.
