Establishing Foreign Ownership Company
A foreigner, whether a natural or legal person, may own 100% of commercial and industrial activities in the Emirate, except for:
• Security, defense and military activities.
• Services related to fisheries.
• Banks, exchange houses, finance and insurance companies.
• Printing of banknotes.
• Telecommunication as well as radio and television broadcasting stations.
• Hajj and Umrah services.
• Holy Quran centers.
Also, foreign companies may open branches in the Emirate without the need to have a foreign company branch service agent
Individuals - Institutions - Commercial Companies
1. Issuing the initial approval through the channels available at e‑services or service centers
2. Certifying Memorandum of Association for a company by visiting the Commercial Legal Affairs Section at SEDD or through the channels available in e-services or service centers
3. Approvals of concerned authorities
4. Determine location of activity and obtain approval of the Commercial Control and Protection Department on the site
5. Fingerprint of investors or their legal representatives at the service center
6. Approvals of other authorities depending on activity
7.Certifying lease contract from Sharjah City Municipality
1. Certifying contract or appendix with value less than AED 50,000. Required fees: AED 200 for the signature of each party of contract or appendix.
2. Certifying contract or appendix with value less than AED 50,000 or not more than AED 100,000. Required fees: AED 300 for the signature of each party of contract or appendix.
3. Certifying contract or appendix with value exceeding AED 100,000. Required fees: 0.5% of contract or appendix value, up to a maximum of AED 15,000.
4. Certifying unlimited value contract or appendix. Required fees: AED 200 for the signature of each party of contract or appendix.
5. Fees for issuing licenses, a minimum of AED 1100 for UAE citizen / AED 2200 for foreigners
6. Approving advertisement specification form fees, a minimum of AED 200 (taking into account the difference in fees according to the signboard data)
7. Issuing commercial register certificate fees AED 1000
8. Taking into account the collection of fees on the rental value (for citizens 8% and for foreigners 13%)
9. Taking into account the collection of fees of Sharjah Chamber of Commerce and Industry System
The Law of Foreign Ownership Companies allows investors to establish companies and own them completely without requiring a specific nationality, and the requirement that a foreign company wishing to open a branch within the country’s borders to have an agent from among the citizens of the state has been abolished.
1. Sharjah City Municipality
2. Approvals of other authorities depending on activity
Sharjah Economic Development Department branches 7:30am To 3:30pm
Tasheel;s Service Centers 8:00am To 8:00pm
One Working Day
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