Are the procedures involved in setting up a business sound so overwhelming for you? Need not be anymore.
SPC (Sharjah Publishing City) FREE ZONE is one of the latest Free Zones in the UAE that offers rewarding options for investors to invest in company formation, to set up their business depending on budget, ownership preferences and other factors. Read further to know how to set up business in SPC free zone smooth, quick and hassle-free.
Choose your business activity
The first and foremost step while setting up your business is to decide on the business activity which you wish to carry on. The type of licence you apply for depends on the type of business you carry out.
Check out for a free zone
Selecting a free zone is the next important step to consider, as there are many sector-specific zones like IT, healthcare, commerce, trading etc. It is essential to consider the location of your chosen free zone.
Select a company name
Selecting a name for your initiative is both technical and emotional at the same time. Ensure the name for your business setup in UAE is available to be registered on the free zone authority portal. Certain standards must be followed while selecting company names for your business setup in Sharjah like avoiding any blasphemous language or references to religious or political organisations.
Get your documents and apply for the licence
The type of licence that you should apply for varies depending on the business activity and the location of your free zone. Hence the exact documents you need will be different for each licence. To apply for the licence, gather all the documents mentioned in the application form and fill in the necessary details. Also, you can simultaneously start the visa formalities at the same time for yourself or any of the domestic staff or other employees.
Create a corporate bank account
Opening a corporate bank account for your business setup in UAE is easy once you have your valid licence and recommended documentation by the specific bank. Get the help of a company formation specialist to decide on the financial institution that suits your specific needs.
Just a few steps and you have set up your business in the SPC free zone. SPC free zone is your best companion whether you want to set up your business or want to expand a new branch of your already established business.
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If you're considering establishing a company in Dubai, you'll want to explore the array of business setup services in Dubai to streamline the process and ensure compliance with local regulations.
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