How to Setup Company in Sharjah Publishing City?
Sharjah Publishing City FreeZone (SPCFZ) was established in 2017 as the world’s first free zone company setup idea dedicated only to serve the global publishing and media industries. It is one of the UAE’s fastest-growing free zones due to its flexible and straightforward company establishment options.
SPC free zone offers best-in-class infrastructure, including fully equipped office and co-working spaces, as well as a wide range of associated services such as printing, licensing, and distribution, confirming its position as a significant economic and investment destination for international companies.
Why Sharjah Publishing Free Zone?
The Sharjah Book Authority is in charge of the SPCFZ and the Sharjah International Book Fair, which is the largest of its type in the Middle East. It is one of the most important publishing events globally, with more than 2.23 million people each year. There are 1,874 publishers from 77 countries represented, with an average of 1.6 million titles on display.
Sharjah, the UAE’s third-biggest emirate, is also home to 40% of the country’s industrial activity. In addition to the Sharjah International Airport is served by three ports: Port Khalid, Port KhorFakkan, and the Hamriyah Free Zone Port. For those in the Sharjah Publishing City FreeZone, this is a strategic advantage.
At the Sharjah Publishing City FreeZone, companies from Malaysia, Turkey, the Philippines, Saudi Arabia, Kuwait, Egypt, Iraq, Jordan, Syria, Lebanon, Palestine, India, Pakistan, Sweden, New Zealand, Tanzania, Sri Lanka, Ghana, Albania, Ireland, Singapore, and the United Kingdom rub shoulders, contributing to a truly international experience.
Documents Required
This applies to the proposed company’s Directors, Shareholders, and Managers:
- A copy of your passport
- A copy of your residency permit (if already in the UAE)
- [For Managers] a copy of their educational credentials
- Two passport-size pictures
If the firm is already established outside of the SPCFZ, notarized and attested copies of the following documents must be submitted with the application:
- Incorporation Certificate
- Incumbency Certificate
- Certificate of Good Standing Memorandum of Association
- Resolution of the Board of Directors approving the formation of a firm in the Sharjah Publishing City Free Zone
Benefits of Sharjah Publishing Free Zone Company
- SPC Free Zone open 24/7 to cater to the needs of the publishing industry
- 100% foreign ownership allowed
- Business License granted in ten days
- Zero corporate and income taxes
- Can have a Dual Business License (both Mainland and Free Zone)
- More than 1,500 designated commercial activities allowed
- Easy opening of Corporate Bank Account
Steps to Starting a Publishing Company in Sharjah
Starting a company in the SPC Free Zone operates in the same way as any other UAE Free Zone. The Company Formation in SPC FZ provides enormous potential for the book industry by allowing it to use tax-free privileges while being a completely independently owned and run business.
Company Formation in SPC FZ is motivated to operate in an environment that promotes rapid expansion and allows them to access markets they previously did not have access to. The procedure is as follows:
- To obtain a business license, you have to choose a business activity.
- Choose a trading name that is distinct from any other Sharjah-based company.
- Get the Sharjah Department of Economic Development’s first clearance.
- Submit paperwork for business registration to the appropriate authority.
- Make an application for a business license.
- You will receive a Certificate of Registration and a Business License once your application has been evaluated and accepted.
How BlueKryon can help you?
The full-service printing and publishing-free zone is a valuable resource for individuals in the publishing industry and those who want to get into it by offering a platform for exchanging unique ideas and information in a fully reinforced and integrated environment.
BlueKryon can assist you in establishing a business in the free zone of Sharjah Publishing City (SPC) or any kind of Freezone company setup. Our experts are well-versed in UAE legal etiquette and can make this procedure as simple as possible. Get in touch with us right away – we’d love to assist you!
