SPC Free Zone in a nutshell

as of 17 January 2023

SPC Free Zone in a Nutshell

Businesses are always on the lookout for new opportunities to get a foothold in the market. After all, the market is ever-changing, and businesses need to adapt to survive. This is especially true in the United Arab Emirates, where the landscape is constantly evolving. For this reason, many businesses are choosing to set up their companies in Sharjah.

Sharjah is often seen as a more affordable option compared to other Emirates. It has a growing population, with many business opportunities. With many industries establishing their roots there, it’s no wonder that entrepreneurs are relocating there to take advantage of the lower costs and easier set-up process. Offering a more stable environment for businesses to thrive, startups can access a wealth of experience and expertise in the Emirates of Sharjah.

SPC Free Zone is just one of the many free zones supporting businesses from all across the UAE. As a driving force providing access to financing, technology, and other resources that can ease your business’s operations while also promoting economic growth within this strategically important region of Sharjah. To get you started, here is some valuable information you need to know when you incorporate your company into SPC Free Zone.

	Sharjah Publishing City (SPC)
Description	SPC provides easy access to seaports and airports, up-to-date infrastructure, and an accommodating regulatory framework with a sustainable business environment.
Location	Sharjah
Facilities	24 hours office facilities, coworking amenities, food & beverage (F&B) outlets, retail areas, customized spaces, and warehouses
License	Service, commercial, e-commerce, and general trading license \| Specializing in media and publishing activities \| Dual license for Sharjah Mainland and Freezone
Ownership	100% foreign ownership
Shareholders	Up to 5 shareholders per company on entrepreneur package Up to 7 shareholders per company on publishing & standard packages
Bank Account	Flexible banking options
Business Activities	Up to 5 business activities: An additional fee is applicable for added activities
Capital Incentives	Zero paid-up capital share capital
Investment	Capital repatriation without restrictions
Tax Benefits	0% corporate and personal tax
Visa Allocation	Up to 6 Visas without a physical office \| Flexible options are available for more visa allocation \| Visas are valid for 2 years
Immigration Card	Payable every 3 years upon renewal
Insurance	Optional
E-Channel Registration	Mandatory annually
License Issuance Time	Same day or within 7 working hours

SPC being centrally located in the Emirates of Sharjah is interconnected to Dubai and other Emirates making it one of the most accessible free zones in the UAE. With excellent infrastructure and competitive cost of doing business, SPC offers everything you need for your business to get started with only AED 16 a day!

Aside from offering 100% foreign ownership, import and export duty exemptions, tax benefits, smooth visa applications, and easy licensing procedures, including a 10-year dual license option combined with 1,500 activities from various sectors, SPC should be at the top of your list for business establishment.

With a number of government incentives available, there’s no better time to set up your business at SPC Free Zone. Let EZONE help you along the way while you stay in comfort and ease. Our business setup consultants are equipped with the knowledge and expertise to get you ahead without any hassle or worry. Call 800-EZONEUAE or email us at setup@e.zone and find out how you can start your business at SPC Free Zone today!