How to Setup Company in Sharjah Publishing City
Are you an aspiring publisher looking for a strategic location to set up your company? Look no further than Sharjah Publishing City! This fast-growing hub for the publishing industry offers numerous benefits, from tax exemptions to state-of-the-art infrastructure. However, setting up a company in Sharjah Publishing City can be overwhelming without proper guidance. Here we will guide you through the step-by-step process of setting up your publishing company in this vibrant city and help you take advantage of all that it has to offer.
If you’re looking to set up a business in Sharjah Publishing City, there are a few things you need to know. First step will be to obtain a trade licence. Once you have your licence, you can then register your company with the Sharjah Chamber of Commerce and Industry. After your company is registered, you’ll need to open a corporate bank account and get started on your business plan.
Steps to starting a business in Sharjah Publishing City freezone
1. Fix on the legal structure of the company
Determine whether the business will be sole ownership or shared or the company is a branch of existing business.
2. Choose the activity on which your company will be focusing on
You have to fix on the activity of your business before you apply for business registration in Sharjah Publishing City.
3. Pick a trade name and apply for initial approval
A unique name that will best reflect your business should be selected and then you can apply for the initial approvals.
4. Payment of business setup fees
Make the payments needed for business registration
5. Registering your company and make sure all the documents are ready
All the documents should be signed and verified.
6. Apply for residence visa in SPC freezone
You can also apply for employee and dependent visa along with this.
7. Apply for a corporate bank account
AFter you get your business licence you can apply for a corporate bank account.
Advantages of setting up business in Sharjah Publishing City
The benefits of starting your publishing company in SPC are numerous and you can utilise these to help grow your business at the starting stages. A few of the benefits are
1. Access to a large market space- With all the events and book fests happening, SPC can provide you with potential clients and a huge market space where you can market your products. Like take the case of the annual Sharjah International Book Fair, it sees around 80,000 new titles each year and you can push your publications at this venue where countless buyers will come.
2. 100% ownership- There is no need of a local agent to start your business and you can have full ownership.
3. Zero tax on personal income- Make use of the tax benefits of SPC which are designed to attract foreign investments.
4. 100% repatriation of capital- Your assets are safe and secure in SPC FZ.
5. Easy business setup process- You can get your business licence in SPC in a streamlined process, and you can get it approved in a short time.
6. Dual licence- There is the option to have both mainland and freezone licence.
7. Easy corporate bank account opening- After you get your business licence you can easily apply for a corporate bank account.
Documents required to register a business in Sharjah Publishing City freezone
The basic requirements for setting up a business in SPC freezone are the follows, note that the requirements may change according to the legal structure of the business.
1. A colour copy of passport
2. Utility Bill Copy
Overall, if you have interest in publishing industry then Sharjah Publishing City will be haven for your business, the process is simple and with the help of an expert in business setup in Dubai process, you can start your business in SPC while utilizing the maximum benefits provided by the emirate. Do you have a plan in mind for your publishing business? Reach out to Alchemist at +971556205750 to know more and get a free consultation from our experts.
