General Trading Company in Sharjah
Get Started with General Trading
Begin your General Trading Company in Sharjah
Sharjah is a perfect place for investors who are looking to setup an organization for general trading in Sharjah at affordable prices. Sharjah is an economical alternative to Dubai, where you can set up your own business. Additionally, Sharjah is a dream location for industrial investment for foreign investors. The limited proximity to the International Airport of Sharjah has made it a suitable location for striving business companies. Moreover, there are close ports within the proximity of the Emirate making it an ideal location for setting up general trading companies in Sharjah.
Also, if that is not enough, the government of Sharjah is business-friendly and will easily let you set up your business in Sharjah if you can follow the steps properly. Being the safest Emirate of UAE with rapid technological advancements, Sharjah is one of the best locations for general trading companies. And let The Futuristic Zone serve you with all their efforts to help you set up your general trading company in Sharjah. Our experts at TFZ will guide you through every step to form your dream company for general trading in Sharjah and turn your business into a striving one in one of the best Emirates of UAE.
Easy Steps to Form Your General Trading Company in Sharjah
Forming your company for general trading in Sharjah is not a hassle when you have The Futuristic Zone by your side. The steps are as follows.
Select the Business of Your Choice
The first step in forming your company is selecting the type of trading you want to do with your business.
Finding a Local Sponsor
If you are financially strong, you won’t face a problem setting up your organization for general trading in Sharjah. But, if you don’t have too much funds, you must find a local sponsor for your business. Finding a local sponsor is not a hassle. Our executives can help you find a local sponsor for your business.
Registering the Company
Registering your company with the Department of Economic Development is essential before you set up your general trading company in Sharjah.
Applying for a Trade License
Without a license, operating in Sharjah can lead you to pay heavy punishments. Trading in Sharjah without a license is a punishable crime. Thus, after registering your company, you must apply for your general trade license with the DED.
Registering the Trade Name
Choosing a trade name for your business is a crucial step. We can help you select a suitable name for your business under which your clients will know you. You need to select two to three names before registering, out of which one will be chosen.
Getting the Memorandum Notarized
Notarizing the Memorandum is a must. You need to get the memorandum notarized from a reputed authority.
Paying the License Fees
While applying for the license, you must also pay a license fee. The fees differ according to the type of license you apply for.
Approval from the Name Board
Out of the three names you choose, one of them will be approved. Once your license fees are paid, you will be approved by the Name Board.
Hiring Employees
Without your employees, you can’t operate. Therefore, once your company name, license and other things are approved, you must hire your employees.
Apply for the Visa
Another crucial step for setting up general trading companies in Sharjah is applying for your employees’ visa. TFZ can help you apply for Visas for every individual and get them approved quickly.
Documents Required for Setting Up General Trading Companies in Sharjah
There are some essential documents that you must carry with you before registering your company for general trading in Sharjah.
- Trade Name Registration Verification.
- Verification of the Business Activities.
- Passport Copies of every manager and shareholder.
- Personal Information of the same.
- Lease Agreement Details.
- Approval from the Respective Authorities.
We can help you with the submission of the Documents. Our assistants will take you through every step, and you won’t have to spend your time on document approvals and submissions.
Finding a Suitable Location in Sharjah
You can set up your general trading company in Sharjah in two major regions.
Dubai mainland
The companies in Sharjah Mainland can work within the UAE’s local and international markets. Moreover, you must rent or purchase a minimum of 200 square feet of office space. Also, there are no limitations on the number of visas you can apply for. However, the larger the office space, the more visas you can apply for. However, for Mainland companies, a UAE national has to hold a minimum of 51% shareholding for general trading.
Dubai Freezone
Sharjah Freezone is divided into five different regions.
- Sharjah International Airport Freezone.
- Hamriyah FreeZone.
- S.A Regional Trade Centre.
- Sharjah Media Publishing City.
- Sharjah Media City.
All of them have their own requirements. You can set up your general trading company in any region according to your requirements.
Have Questions?
Get in contact with our experts and find all business-oriented solutions. Kindly fill in the details.
Frequently Asked Questions
The following things are required for obtaining a general trading license in Sharjah.
- A legal Status.
- Minimum One Shareholder.
- Minimum one Director.
- Company Secretary.
- Paid in Minimum Capital.
The Department of Economic Development looks at issuing and approving a general trading license in Sharjah.
Some major activities and product categories under general trading license in Sharjah are electronics, food products, textiles, machinery, consumer goods and others.
