Sharjah Publishing City – SPC Free Zone

A Sharjah Publishing City – SPC Free Zone is located in the Emirate of Sharjah, serves as a specialized economic area with the primary goal of promoting economic diversification, industrial growth, foreign investment attraction, and overall economic expansion. It achieves this by providing various incentives and advantages to businesses and investors.

Economic Overview of SPC Free Zone

Operating in SPC Free Zone provides strategic advantages due to its global trade hub status, business-friendly environment, full repatriation of profits, world-class infrastructure, diverse business activities, skilled workforce, economic stability, foreign investment appeal, vibrant business ecosystem, and a high quality of life.

Why Choose Sharjah Publishing City Free Zone:

SPC Free Zone is an ideal destination for entrepreneurs and investors, offering over 1,500 business activities, comprehensive business setup services, diverse opportunities, and modern facilities. Whether in publishing or other industries, SPC Free Zone provides the necessary licenses and infrastructure for unique business requirements.

SPC Free Zone Business Activities:

Sharjah Free Zones permit diverse business activities, including trading, manufacturing, media, logistics, IT, consulting, healthcare, education, financial services, tourism, e-commerce, general trading, and more. Specific restrictions and conditions may apply.

SPC Free Zone: Free Zones are strategically crafted to promote specific industries and activities, each delineating its own set of permitted activities and regulations. They serve as an optimal choice for enterprises focusing on import and export, logistics, technology, and media.

Legal Structure and Governance:

Free Zone: Companies in Free Zones operate under distinct Free Zone regulations and fall under the governance of the respective Free Zone authorities, each having its unique set of rules and regulations.

Types of Licenses Available in SPC Free Zone

Licensing is a pivotal aspect of business operations in Sharjah, and various types cater to diverse industries in Sharjah Free Zone:

1. Trading License: Suitable for businesses involved in buying and selling physical goods, encompassing wholesale, retail, and general trading.
2. Industrial License: For businesses engaged in manufacturing, processing, assembling, or other industrial activities, allowing for export or local distribution.
3. Service License: Tailored for service-oriented businesses such as consulting firms, IT companies, and business services providers.
4. General Trading License: Allows engagement in a wide range of trading activities, offering versatility in import, export, and re-export operations.
5. Media License: Tailored for businesses in publishing, advertising, film production, and related creative industries.
6. Publishing License: For businesses involved in publishing and related services.

Steps of Obtaining a SPC Free Zone License:

Obtaining a SPC Free Zone License involves a structured process. Here’s a comprehensive guide for setting up a business in Sharjah Publishing City Free Zone (SPC Free Zone):

• Step 1: Choose Your Business Structure

Determine the legal structure of your business, choosing between a Free Zone Company (FZC), Free Zone Establishment (FZE), or a Branch of an existing company.

• Step 2: Select Business Activities

Identify the specific activities your business will engage in, aligning them with the available license options.

• Step 3: Name Reservation

Choose a unique business name and submit the name reservation application to the Free Zone authority. Upon approval, you’ll receive a name reservation certificate.

• Step 4: Lease Office Space

Find a suitable office space within the free zone. Sign a lease agreement and secure a tenancy contract or opt for a coworking space if that suits your business needs.

• Step 5: License Application

To get started, fill out the license application form and gather all required documents, including the application form, passport copies of shareholders and managers, and other relevant paperwork.

• Step 6: Obtain your residence visa:

After setting up your business in SPC Free Zone, the next step is securing your residence visa.  Apply for an Entry permit, Medical Check, Emirates ID, and then submit all report for residency approval. Once approved.

• Step 7: Open a Bank Account

Opening a business bank account in the UAE with a local bank. Provide the necessary documents, including your business license.

Benefits of Establishing a Company in SPC Free Zone

Setting up a company in Sharjah Publishing City Free Zone provides unique advantages for investors, including:

• 100% Foreign Ownership: Investors have full control without needing a local sponsor or partner.
• Full Repatriation of Profits: Repatriate 100% of profits and capital without restrictions.
• Strategic Location: Sharjah’s location facilitates excellent access to global markets.
• Flexible Licensing Options: Various business license types cater to diverse activities.
• Simplified Company Setup: Streamlined processes allow quick business operations commencement.
• Access to Skilled Workforce: Tap into Sharjah’s talent pool for staffing needs.
• Networking and Business Support: Authorities provide networking opportunities and support services.
• No Currency Restrictions: No limitations on currency transactions.

Sharjah Publishing City Free Zone License Cost: SPC Free Zone cost 2024

License costs, registration fees, and annual renewal fees can vary based on factors like business activity, office space size, and number of visa Eligibility. the setup cost starts from AED 5,750

SPC (Sharjah Free Zone) Company Setup: Publishing Package:

Sharjah Publishing City Free Zone (SPC Free Zone) license fees starts from 5,750 AED. SPC Free Zone’s most cost-effective package, the Publishing package is ideal for entrepreneurs looking to set up print, publishing, media and eCommerce businesses. The Package includes:

• Business License
• Memorandum of Association (MOA)
• Certificate of Formation
• Lease Agreement
• Share Certificate
• Up to 7 shareholders
• Up to 5 Business activities
• Up to 6 visa quotas

SPC (Sharjah Free Zone) Company registration: Standard Package:

A great choice for manufacturing and trading companies, encompassing all available activities giving entrepreneurs the opportunity to either diversify their business or specialize in specific activities. The package includes:

• Business License
• Memorandum of Association (MOA)
• Certificate of Formation
• Lease Agreement
• Share Certificate
• Up to 7 shareholders
• Up to 5 Business activities
• Up to 6 visa quotas

The time frame of the company registration is between 3 to 5 business days and the process could be done remotely so the presence of the shareholders and directors is not required.

Several items to be considered with the above packages.

SPC Free Zone Residence visa cost – Schedule of Charges 2024

1. Establishment Card fee: 1st year AED 1,355
2. E-channel registration: AED 2,355
3. SPC Residence Visa fee: AED 3,700 per applicant
4. Medical checkup: VIP process AED 850 | Normal Process AED 450
5. Emirates ID application fee: AED 390
6. Change of Status (applicable if the applicant is inside Country): AED 1,105

SPC Free Zone if offering promotional packages every month. Please contact us to get the updated packages details info@FreeZoneMarket.ae or by WhatsApp

Why Use FreeZoneMarket.ae?

Are you looking for the right Business setup consulting firm? FreeZoneMarket Powered by FZM Solutions DMCC is a platform specialized in company formation in Dubai where business owners can register and renew their company license and get assistance with visas, and banks.

If you are unable to find your business activity in Sharjah Free Zones or looking for Dubai business setup solutions There is an alternative which could be Meydan Free Zone or  IFZA Free Zone.

We provide a wide range of business setup in Dubai and the UAE for businesses and companies. We offer a broad and diverse range of services to our clients!