Since 2017, Sharjah Publishing City (SPC Freezone) has been the first free zone authority in the world to focus only on publishing, printing, and media. It is being constructed in Sharjah, which has long served as the hub of publishing for the United Arab Emirates.
Its goals include boosting investment in the creative industries, building a platform for the exchange of knowledge and culture across borders, highlighting the value of books in the age of multi-media, and supporting the children's book market.
This blog is your how-to guide for opening a business in Sharjah Publishing City Freezone.
SPC: Why?
One of the hardest challenges for business owners in Dubai is locating a reliable business setup company that can offer all of the services required to open a business. SPC provides a fantastic and professional company environment in addition to a prime location in the Sharjah Publishing City (SPC) tax-free free zone.
There is no other place in the world that provides international publishers and printing firms with such a complete package of monetary and legal incentives to relocate. The full-service free zone for manufacturing and publishing enables entire company creation in SPC Freezone, making it a useful platform for businesspeople or those looking to get into the publishing industry. It's the ideal setting for sharing cutting-edge information and ideas in a completely reinforced and integrated setting.
Opportunities for businesses in the SPC free zone are numerous.
An office space is reasonably priced to rent.
The 25-year lease for the SPC businesses has an option for an extension.
You can employ individuals from different nations.
100% of ownership is held by foreigners.
Repatriation of all capital and profits
In this zone, businesses are exempt from income and export taxes.
Online services for employee visas are available.
Many business models you might launch Publishing City of Sharjah
Creating a Free Zone (FZE) - A company with a single stakeholder (individual or corporate entity).
Up to 7 shareholders may be part of a free zone company (FZC) (individual or corporate entities or a mix of both).
Local division of a UAE corporation.
multinational division of a foreign corporation.
How may a company be established in Sharjah Publishing City?
The incredible facilities make it very simple to launch a business in Sharjah Publishing City's free zone. You will receive the licence in two to four weeks if you choose the optimal structure, complete all the guidelines, and submit the necessary papers. You are now prepared to launch your business.
The detailed instructions are as follows:
Choose the kind of business that you want to register with SPC.
Send in a request for the business licence you need.
Choose the type of office space that your business need.
Send the Documents Necessary to Form a Company in SPC
Fill out the branch registration form.
Documents Needed to Form a Business in the SPC Free Zone
To create a free zone (FZE)
Registration Request for SPC Free Zone Company
copies of passports for shareholders, directors, and management
copies of the shareholders, directors, and managers' Emirates & Visa IDs
Recent utility bills and bank records that show the shareholders' addresses
a passport-sized image of the shareholder (white background)
Memorandum and Articles of Association with a specimen signature from the intended Manager.
Open a Branch of a Business
Form of Owner Declaration
Form for Registering a Company
a photo and a copy of the manager's passport
As evidence of the Manager's address, the parent company's attested Memorandum & Articles of Association
Certificate of Incorporation for the Parent Company, authenticated
Parent Company Power of Attorney and Authenticated Board Resolution
The authenticated business licence of the parent firm.
What assistance may TVG Management Consultancy offer you?
Our professional staff will guide you through the company formation process, from choosing the business venture, locating the perfect office space, and concluding with the issuing of the trade licence, to the business establishment in SPC free zone. TVG Management Consulting has extensive expertise assisting business owners and investors with the establishment of operations in the UAE. We offer a multi-platform client service in order to effectively and efficiently supply our corporate services to investors worldwide. To better serve your business needs, our qualified personnel can assist you in incorporating your company in the SPC-free zone and other UAE jurisdictions.