The prospect of entering a new market and starting a business in the United Arab Emirates (UAE) is appealing to many entrepreneurs. Among the numerous UAE free zones, Shams Free Zone in Sharjah has established itself as one of the most rapidly developing free zones for new business ventures. Shams Free Zone is therefore an ideal place for start-ups and existing businesses due to its advantageous location and comprehensive business solutions accompanied by reasonable costs. This is why the free zone should be at the top of your list when looking to commence the establishment of your business in Sharjah.
Strategic Location
Connectivity and Accessibility
Shams Free Zone is located in Sharjah, which is one of the seven emirates of the United Arab Emirates. In terms of location, Sharjah is strategically located near seaports and air terminals, which connect it to the global markets. The Sharjah International Airport is an easily accessible location as well as the Port Khalid which enables effective supply chain management.
Gateway to the MENA Region
Shams Free Zone is one of the Sharjah free zones that acts as the appropriate entry point for new investors targeting the Middle East and North Africa (MENA) region. This position enables any business venture to be able to explore a market of over 400 million consumers.
Business-Friendly Environment
Ease of Setup
Shams Free Zone has simplified the procedures of business incorporation thus making it easier for entrepreneurs to start their businesses. This means that a business can be up and running within a very short span of time.
Flexible Business Activities
Shams Free Zone houses various business operations due to its versatility. Though mainly known for businesses in sectors like media, technology, trading, and consultancy, Shams permits a large number of other business activities. This increases business flexibility and makes it possible to shift operations around without having to worry about regulatory frameworks.
Check Out: Dubai Free Zones
Cost-Effective Solutions
Competitive Pricing
Another advantage of the free zone is that incorporating a business is relatively affordable compared to other jurisdictions. The free zone has low licensing costs and flexible office space which is quite useful for start-ups and businesses that may have limited capital to invest in an office. The fact that Shams Free Zone is rather cost-efficient assists companies in managing their resources more effectively and ensuring business growth.
No Hidden Charges
Transparency in pricing is one more significant advantage of Shams Free Zone. It is free from additional costs or expenditures, making it favorable since expenditures can be made with adequate estimates depending on the budgets of the business. It has been noted because of the transparency, issues regarding financial management gain trust and thus, are easier to handle.
Comprehensive Support Services
State-of-the-Art Infrastructure
The facilities in Shams Free Zone are developed enough and built to a very high level of infrastructure. Modern office facilities together with advanced IT facilities and connectivity guarantee efficient business operations.
Check Out: Dubai Trade License
Tax and Ownership Benefits
100% Foreign Ownership
Another benefit that makes many investors consider establishing their business at Shams Free Zone is the fact that it permits 100 % foreign ownership. This advantage enables the entrepreneurs to have full managerial control of their companies with no dependence on a local partner.
Tax Benefits
The UAE offers numerous tax benefits. Be it the absence of income tax or the imposition of corporate tax in the UAE at just 9%, entrepreneurs can greatly benefit in the UAE. Additionally, the UAE has signed treaties to avoid double taxation with numerous countries.
Networking Opportunities
Vibrant Business Community
At Shams Free Zone, there is always the likelihood of being connected with competent businesses. Through events, workshops, and seminars, Shams offers a dynamic environment that enables innovation as well as growth for the various companies, hence enabling them to remain relevant.
Access to Investors and Partners
Setting up businesses at Shams Free Zone means that you have access to a list of potential investors and partners. This brings in numerous opportunities for funding and partnership since it is a free zone serving a pool of stakeholders that ranges from local and international investors.
Conclusion
Shams Free Zone offers numerous advantages, such as its convenient location in the region, a favourable business climate as well as low costs, and extensive services that will help businesses to develop continually. You can get assistance from InZone for seamless incorporation regardless of whether you are a budding start-up business or a full-fledged company interested in diversification.