Sharjah is the third largest emirate in the United Arab Emirates and it has many options to invest for foreign investors. The Sharjah Publishing City Free Zone or SPC Free Zone is one of the leading places to invest in the country. This zone is unique in its features because it is one of the few zones in the country which allow the launch of business in the creative sectors. The zone offers the other sectors of activities to invest as well and the list is always available online. The zone located at the central position in the emirate. Setting up Business in the SPC Freezone is easy and worthed to money.
The SPC Location
The SPC is located the most ideal location to commute to the offshore destinations. It is 15 minutes drive from the Dubai International Airport and 5 minutes drive from Sharjah International Airport. This all makes the location most ideal to launch the business of any kind. One can say that SPC is located at the heart of the UAE.
The Registration Process
The registration process of the SPC is quite straightforward and pretty much easy. The entire process is as under:
Application for Trade License
Apply for the trade license for the business activity you are intended to perform. There are around 1500 activities registered with the SPC. You can choose any of them. After choosing the business activity, fill in the application available online and provide the number of visas required for you and submit the application.
Submission of the Documents and Fees
Submit the documents and the fees to complete the process. The documents must be submitted to the SPC free zone authority. As your documents are approved you are now registered as a business in the UAE.
Immigration Card and E-Channel Services
Once you are done with the business registration, the next step you need to follow is the e-channel registration. Register with the government for the e-channel services and this will further push you towards the visa process.
Acquire the Entry Permit
After you have done with the immigration card and e-channel registration with the government, you now can apply for the temporary permit to enter the country. This will definitely allow you to change the status of you and this will be the first step to enter the country and hold your business.
Medical Fitness Test
The Medical fitness test is mandatory because they want to see that if you have any disease that is transferable towards others then they will check on you. Once you pass the fitness test you are all set for business, work or live in the United Arab Emirates.
Acquire the Visa
Now acquire the visa and start the business. You will get all the visas here that you applied at the time of investment. After getting the visa you are all set for the business in the UAE.
Activities Available for Registration
The number of activities is 1500 which is a very big number because in our daily life we are usually familiar with a few of them. Therefore, we can say the endless opportunities are waiting for you in the SPC free zone. We are worth mentioning some of them below;
- Computing
- Courier Activities
- Educational Support Activities
- Food and Beverage Services Activities
- Jewelry and Bijouterie
- Motion Pictures, Video and Television Activities
- Sound Recording and Music Activities
- Software Publishing
- Warehousing and Storage
- Wholesale of Food and Beverages And Many More.
Top Benefits of the SPC Free Zone
- 100% Ownership of business for foreignersÂ
- Zero Initial Paid up Share Capital
- Zero Income tax and other corporate taxes
- You can do lease agreement with other businesses in the UAE
- Immigration services are available on site
- Fast-paced licensing in just 45 minutes or so
- One license allows 5 activities
- 100 sponsor visas on one license
- Get the UAE residency in just 5 days
- SPC license can be used for mainland business as well
Packages Availability
In the SPC free zone there are various packages available and you can choose one that suits you the best. The packages are usually cost-effective to incorporate in the zone. The cost varies on the type of license and visas needed for the business, Therefore, one must go through with the package’s information before getting in touch with any channel partner of SPC free zone or directly with the SPC help desk. The information of the packages is as follows (this is for one year only):
- For one year license without any visa you need to pay AED 6500
- For one year license with one year visa you need to pay AED 9500
- For one year license with three one year visas you need to pay AED 17,500
For the more years time or other options that are popping up in your mind you can contact any channel partner of the SPC free zone or fill up the online form available on the website of the zone and they will contact you in the least possible time.
Conclusion
All in all, company registration in the SPC free zone is a decision that has the potential to change your life forever. The zone has a potential to alter your entire life and turn your dreams to be a real businessman to reality.