A company whose capital is divided into equal and negotiable shares. The founders shall subscribe to part of such shares while the other shares are not to be offered to the public under a public subscription. A shareholder shall be liable only to the extent of his share in the capital of the company.
First: Register investors (company or individuals) if a license has not been previously issued.
Second: Issue the trade name (select activities - legal form - facility name - investors).
Third: Technical evaluation (review of site data and its compatibility with the activity) (Commercial Control and Protection Department)
After completing the technical evaluation, you must visit Sharjah Electricity, Water and Gas Authority to pay the electricity insurance and lease contract certification fees.
Fourth: Legal contracts (Certifying contract or addendum)
Fifth: Issuance of license.
The license must be renewed upon expiration. Failure to renew within the specified period will result in a fine of AED 200 per month.
• The company's name shall be derived from its activity. It may not be the name of a natural person unless the company's activity or purpose of establishment is to invest in a patent registered in that person's name, or if the company, upon its incorporation or thereafter, acquired a store and adopted its name as its own. In all cases, the phrase “Public Joint Stock Company” must be added to the company’s name. Also, the public joint stock company may not bear the name of any other company or a similar name to it. Additionally, other companies may not request the competent administrative or judicial authority to compel the company that bears its name to change such trade name.
• All partners must be citizens, of GCC countries, which are at least three partners. If one or more partners hold another nationality, GCC citizens may engage in most commercial, professional, and industrial activities provided they meet the requirements and conditions (with the exception of Hajj and Umrah services, commercial agencies, people of determination centers, elderly care, community services, printing presses, and newspaper and magazine publishing houses, which are restricted to UAE citizens).
• The company’s capital must be sufficient to achieve the purpose for which it was established. In all cases, the capital may not be less than thirty million dirhams.
• The founders must choose from among themselves a committee of no less than three members. These members will undertake the establishment and registration procedures with the relevant authorities and will be fully responsible for the validity, accuracy and completeness of all documents, studies and reports submitted to the relevant authorities regarding the process of establishing, licensing and registering the company.
• Founders Committee must appoint a financial advisor, a legal advisor and an auditor for the subscription accounts.
• The founders must subscribe to shares of no less than 30% and no more than 70% of the company’s issued capital before calling for a public subscription to the remaining shares of the company.
• The company’s capital consists of equal shares, the nominal value of each of which is not less than one dirham and not more than one hundred dirhams. Upon establishment, it is not permissible to issue shares at less than their nominal value, plus the issuance expenses. All of the company’s shares shall have equal rights and be subject to equal obligations.
• Shares are issued in the name of the company and may not be issued to bearer shares. Shares are tradable. However, profit coupons, which the company’s bylaws and provisions are intended for their owner, may be in the name of the company or to bearer shares.
• All commercial, industrial and professional activities.
• Investor approval through UAE Pass through external service offices.
• Certified copy of lease contract (if applicable).
• Approval from official authorities depending on the type of business activity, if applicable.
• Partnership contract - Memorandum of Association certified by the Commercial Legal Affairs Department.
• Certified copy of the company's Memorandum of Association.
Licensing Section Fees
• License issuance fee is calculated at 8% of the lease contract value or area for citizens, with a minimum of AED 55000. On the other hand, license issuance fee is calculated at 13% of the lease contract value or area for nationalities from other countries, with a minimum of AED 55000.
• Permit fees for placing trade name signboard: AED 200
• Issuing commercial register certificate: AED 7000
• Printing: AED 300
• E-services: AED 100
• Representative Card: AED 300
Other Related Fees
• Technical Evaluation: AED 150
• Certifying contract or addendum if its value is less than AED 50000. Required fees: AED 200 for the signature of each party to the contract or addendum.
• Certifying contract or addendum if its value is less than AED 50000 and mot more than AED100000. Required fees: AED 300 for the signature of each party to the contract or addendum.
• Certifying contract or addendum if its value is more than AED 100000. Required fees: 0.5% of the value of the contract or addendum, with a maximum of AED 15000.
• Certifying contract or addendum of an unspecified value. Required fees: AED 200 for the signature of each party to the contract or addendum.
Third Party Fees
• Sharjah Chamber of Commerce and Industry fees
• Fees of other entities related to the licensing process (depending on the activity)
- Registering investors (company or individual) if a license has not been previously issued.
- Issuing trade name.
- Technical evaluation (Commercial Control and Protection Department).
- Certified contract or addendum (Legal Affairs Department).
- Referring to Sharjah Electricity, Water and Gas Authority to pay electricity insurance and lease contract certification fees.
Approvals from other parties depending on the activity
SEDD Branches
SEDD official website (www.sedd.ae)
Tasheel service centers
SEDD App
SEDD Branches Monday to Thursday, from 7:30 AM to 3:30 PM
Service Centers (Tasheel) Daily, from 8:00 AM to 8:00 PM
Individuals – Institutions- Companies
One Working Day
80080000
A company whose capital is divided into equal and negotiable shares. The founders shall subscribe to part of such shares while the other shares are not to be offered to the public under a public subscription. A shareholder shall be liable only to the extent of his share in the capital of the company.
First: Register investors (company or individuals) if a license has not been previously issued.
Second: Issue the trade name (select activities - legal form - facility name - investors).
Third: Technical evaluation (review of site data and its compatibility with the activity) (Commercial Control and Protection Department)
After completing the technical evaluation, you must visit Sharjah Electricity, Water and Gas Authority to pay the electricity insurance and lease contract certification fees.
Fourth: Legal contracts (Certifying contract or addendum)
Fifth: Issuance of license.
The license must be renewed upon expiration. Failure to renew within the specified period will result in a fine of AED 200 per month.
• The company's name shall be derived from its activity. It may not be the name of a natural person unless the company's activity or purpose of establishment is to invest in a patent registered in that person's name, or if the company, upon its incorporation or thereafter, acquired a store and adopted its name as its own. In all cases, the phrase “Public Joint Stock Company” must be added to the company’s name. Also, the public joint stock company may not bear the name of any other company or a similar name to it. Additionally, other companies may not request the competent administrative or judicial authority to compel the company that bears its name to change such trade name.
• All partners must be citizens, of GCC countries, which are at least three partners. If one or more partners hold another nationality, GCC citizens may engage in most commercial, professional, and industrial activities provided they meet the requirements and conditions (with the exception of Hajj and Umrah services, commercial agencies, people of determination centers, elderly care, community services, printing presses, and newspaper and magazine publishing houses, which are restricted to UAE citizens).
• The company’s capital must be sufficient to achieve the purpose for which it was established. In all cases, the capital may not be less than thirty million dirhams.
• The founders must choose from among themselves a committee of no less than three members. These members will undertake the establishment and registration procedures with the relevant authorities and will be fully responsible for the validity, accuracy and completeness of all documents, studies and reports submitted to the relevant authorities regarding the process of establishing, licensing and registering the company.
• Founders Committee must appoint a financial advisor, a legal advisor and an auditor for the subscription accounts.
• The founders must subscribe to shares of no less than 30% and no more than 70% of the company’s issued capital before calling for a public subscription to the remaining shares of the company.
• The company’s capital consists of equal shares, the nominal value of each of which is not less than one dirham and not more than one hundred dirhams. Upon establishment, it is not permissible to issue shares at less than their nominal value, plus the issuance expenses. All of the company’s shares shall have equal rights and be subject to equal obligations.
• Shares are issued in the name of the company and may not be issued to bearer shares. Shares are tradable. However, profit coupons, which the company’s bylaws and provisions are intended for their owner, may be in the name of the company or to bearer shares.
• All commercial, industrial and professional activities.
• Investor approval through UAE Pass through external service offices.
• Certified copy of lease contract (if applicable).
• Approval from official authorities depending on the type of business activity, if applicable.
• Partnership contract - Memorandum of Association certified by the Commercial Legal Affairs Department.
• Certified copy of the company's Memorandum of Association.
Licensing Section Fees
• License issuance fee is calculated at 8% of the lease contract value or area for citizens, with a minimum of AED 55000. On the other hand, license issuance fee is calculated at 13% of the lease contract value or area for nationalities from other countries, with a minimum of AED 55000.
• Permit fees for placing trade name signboard: AED 200
• Issuing commercial register certificate: AED 7000
• Printing: AED 300
• E-services: AED 100
• Representative Card: AED 300
Other Related Fees
• Technical Evaluation: AED 150
• Certifying contract or addendum if its value is less than AED 50000. Required fees: AED 200 for the signature of each party to the contract or addendum.
• Certifying contract or addendum if its value is less than AED 50000 and mot more than AED100000. Required fees: AED 300 for the signature of each party to the contract or addendum.
• Certifying contract or addendum if its value is more than AED 100000. Required fees: 0.5% of the value of the contract or addendum, with a maximum of AED 15000.
• Certifying contract or addendum of an unspecified value. Required fees: AED 200 for the signature of each party to the contract or addendum.
Third Party Fees
• Sharjah Chamber of Commerce and Industry fees
• Fees of other entities related to the licensing process (depending on the activity)
- Registering investors (company or individual) if a license has not been previously issued.
- Issuing trade name.
- Technical evaluation (Commercial Control and Protection Department).
- Certified contract or addendum (Legal Affairs Department).
- Referring to Sharjah Electricity, Water and Gas Authority to pay electricity insurance and lease contract certification fees.
Approvals from other parties depending on the activity
SEDD Branches
SEDD official website (www.sedd.ae)
Tasheel service centers
SEDD App
SEDD Branches Monday to Thursday, from 7:30 AM to 3:30 PM
Service Centers (Tasheel) Daily, from 8:00 AM to 8:00 PM