Introduction: Low Cost Business Setup in SPC Free Zone, UAE
Setting up a business in the Sharjah Publishing City Free Zone in UAE offers a strategic opportunity for entrepreneurs and investors seeking an affordable entry point into the vibrant UAE market. The Sharjah Publishing City Free Zone, located in the heart of Sharjah, provides a unique blend of modern infrastructure and cost-effective business solutions. This makes it an ideal choice for those looking to establish a presence in the UAE without the financial strain often associated with startup costs. With its reputation for low cost business setup in UAE, the SPC Free Zone stands out for its affordability and flexibility. The business setup in SPC Free Zone allows companies to benefit from significant savings on initial investment while gaining access to a range of business-friendly amenities and services.
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Whether you’re interested in new business setup in UAE, seeking the cheapest business license in UAE, or exploring free zone business setup in UAE, SPC offers a comprehensive solution tailored to your needs. In this guide, we will delve into the benefits of setting up in the Sharjah Publishing City Free Zone, explore the business setup in Sharjah cost, and explain how you can leverage the services of the best business setup company in UAE to streamline your establishment process.
Why Choose SPC Free Zone for Your Business Setup?
The Sharjah Publishing City Free Zone in UAE is rapidly gaining popularity among entrepreneurs and investors seeking an affordable and strategic location to establish their businesses.
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Here’s why choosing the SPC Free Zone can be a smart decision for your business setup in UAE:
1. Cost-Effective Solutions
One of the primary advantages of setting up in the SPC Free Zone is its low cost business setup options. Compared to other locations, SPC offers competitive pricing for licenses and office spaces, making it an attractive choice for startups and small businesses. This includes cost-efficient packages for coworking spaces, serviced offices, and warehouses, ensuring that you can find a solution that fits your budget.
2. Strategic Location
The SPC Free Zone benefits from a strategic location in Sharjah, just an hour from Dubai. This proximity to major business hubs enhances connectivity and access to regional and international markets. With Sharjah’s robust infrastructure, including ports and airports, your business can efficiently engage in import-export activities and reach a broader audience.
3. Flexibility in Licensing
The Sharjah Publishing City Free Zone provides a range of business licenses tailored to various sectors, including e-commerce, commercial, and services. This flexibility allows you to choose the best business license suited to your operations, whether you need a commercial license for trading or an e-commerce license for online activities. The option for dual licensing enables businesses to operate both within the free zone and the mainland, offering additional market opportunities.
4. 100% Foreign Ownership
In the SPC Free Zone, you can enjoy 100% foreign ownership of your business, which eliminates the need for a local partner. This advantage provides complete control over your enterprise and its operations, a significant benefit for international investors.
5. Streamlined Business Setup
The SPC Free Zone is known for its efficient setup processes, which include rapid company registration, straightforward visa processing, and on-site immigration services. This efficiency helps reduce the time and complexity involved in starting your business, allowing you to focus on growth and operations.
6. Supportive Ecosystem
SPC offers a supportive ecosystem with access to various business setup services in SPC, including assistance with banking, visa applications, and more. This comprehensive support system ensures that your business can quickly adapt and thrive within the free zone.
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Choosing the SPC Free Zone for your business setup provides a blend of cost efficiency, strategic advantages, and operational flexibility, making it an excellent choice for both new and established enterprises.
Cost of Business License in SPC Free Zone
Setting up a business in the Sharjah Publishing City Free Zone (SPC Free Zone) offers a range of licensing options tailored to various business needs. Understanding the costs associated with these licenses is crucial for effective budgeting and planning.
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Here’s a detailed breakdown of the license costs in SPC Free Zone:
Types of Licenses Available in SPC Free Zone
The SPC Free Zone provides different types of licenses to accommodate various business activities. Below are the primary licenses and their costs:
E-commerce Business License
- Cost: AED 5,750
- Description: Ideal for businesses operating primarily online, this license covers all e-commerce activities including online sales and services.
Trending Business License
- Cost: AED 6,875
- Description: Suitable for businesses engaged in general trading, consultancy, or other popular business activities within the UAE.
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Cost of License in SPC Free Zone for 1 Year with 0 Visa
For businesses starting with no visa allocation, the annual cost includes:
- Business License: AED 6,875
Other Related License Costs in SPC Free Zone
In addition to the basic license, various other costs might apply, depending on your specific needs:
| Item | Cost (AED) |
|---|---|
| Visa Allocation | 1,600 |
| Establishment Card | 640 |
| E-Channel Registration | 2,280 |
| Investor Visa with Emirates ID | 2,530 |
| Change of Status | 700 |
| Medical Test | 365 |
| Banking Assistance | 2,000 |
| Company Stamp | 250 |
Calculate your business setup cost.
Cost of License in SPC Free Zone for 1 Year with 1 Visa
For businesses that require one visa, the total annual cost varies based on additional services:
| Package | Cost (AED) |
|---|---|
| All Inclusive | 14,990 |
| (Establishment Card (2 Years) + E-Channel Registration + Investor Visa with Emirates ID + Change of Status + Medical Test) | |
| Without Medical | 14,625 |
| (Establishment Card (2 Years) + E-Channel Registration + Investor Visa with Emirates ID + Change of Status) | |
| Without Change of Status | 14,290 |
| (Establishment Card (2 Years) + E-Channel Registration + Investor Visa with Emirates ID + Medical Test) | |
| Without Change of Status + Medical | 13,925 |
| (Establishment Card (2 Years) + E-Channel Registration + Investor Visa with Emirates ID) |
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Cost of License in SPC Free Zone for 1 Year with 2 Visas
For businesses needing two visas, the total cost is:
| Item | Cost (AED) |
|---|---|
| Business License (Valid for 1 Year) | 6,875 |
| Visa Allocation x 2 | 3,200 |
| Establishment Card | 640 |
| E-Channel Registration | 2,280 |
| Investor Visa with Emirates ID x 2 | 5,060 |
| Change of Status x 2 | 1,400 |
| Medical Test x 2 | 730 |
Total Cost: AED 20,185
Renewals Cost for Business License in SPC Free Zone
When renewing your business license, the costs are:
| Visa Allocation | Cost (AED) |
|---|---|
| 0 Visa Allocation | 6,875 |
| 1 Visa Allocation | 8,475 |
| 2 Visas Allocation | 10,075 |
Note: Rates are inclusive of VAT; government fees are not included.
Mainland vs Freezone Company Setup in UAE: Cost Comparison
Additional Benefits:
- Unlimited Visas Available: On a flexi desk setup.
- Business Activities: Choose up to 5 activities from over 2,000 options.
- Shareholder Capacity: Up to 100 shareholders under one license.
Trending Business Activities in UAE 2024
Popular business activities that can be conducted in the SPC Free Zone include:
- General Trading
- HR Consultancy
- Online Publishing of Audio Books
- Publications
- Import and Export
- Real Estate
- Maintenance Services
- IT Services
- Digital Agency
- Freelancer
- E-commerce
- Immigration Services
Understanding these costs and benefits helps in making an informed decision about setting up your business in the Sharjah Publishing City Free Zone.
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Steps to Set Up a Low Cost Business in SPC Free Zone
Setting up a business in the Sharjah Publishing City Free Zone (SPC Free Zone) can be an affordable and efficient way to establish your enterprise in the UAE. Here’s a detailed guide on how to set up a low cost business in SPC Free Zone, ensuring you make the most of the free zone business setup in UAE.
1. Choose the Right Business Activity
Before you begin the setup process, determine the nature of your business. The SPC Free Zone allows for a wide range of activities. Popular choices include:
- General Trading
- E-commerce
- IT Services
- Digital Agency
- Consultancy
You can select up to 5 business activities from over 2,000 options available in the Sharjah Publishing City Free Zone in UAE.
2. Select Your Business License Type
Decide on the type of license that suits your business needs:
- E-commerce Business License: AED 5,750
- Trending Business License: AED 6,875
These licenses cover various business activities and offer flexibility in operations.
3. Prepare Required Documents
Ensure you have all necessary documents ready. Common requirements include:
- Passport Copies of shareholders and managers
- Business Plan outlining your operations
- Proof of Address in UAE
- No Objection Certificate (NOC) if applicable
Having these documents prepared will streamline the application process.
4. Apply for the Business License
Submit your application to the SPC Free Zone authorities. You will need to provide the completed application form, along with the required documents and payment for the license.
5. Complete Additional Registration and Fees
Based on your business needs, you may need additional registrations and services:
| Service | Cost (AED) |
|---|---|
| Establishment Card (2 Years) | 640 |
| E-Channel Registration | 2,280 |
| Investor Visa with Emirates ID | 2,530 |
| Change of Status | 700 |
| Medical Test | 365 |
| Banking Assistance | 2,000 |
| Company Stamp | 250 |
6. Arrange for Office Space
Choose from various office space options, including flexi desks, serviced offices, and warehouses. The SPC Free Zone offers flexible options to suit different business sizes and budgets.
| Office Type | Description | Cost (Approx.) |
|---|---|---|
| Co-working Space | Ideal for startups and freelancers looking for a collaborative environment. | AED 3,000/year |
| Serviced Office | Fully furnished and ready-to-use spaces with all necessary amenities. | AED 9,000/year |
| Shell & Core Office | Customizable spaces for businesses requiring specific layouts. | AED 12,000/year |
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7. Visa Processing
If you need visas for employees or investors, the costs will vary based on the number of visas and additional services:
- 1 Visa: AED 14,990 (All inclusive)
- 2 Visas: AED 20,185
8. Set Up Banking and Legal Requirements
Open a corporate bank account and ensure compliance with local regulations. You may need to provide additional documents for banking and legal purposes.
9. Receive Your License and Start Operations
Once all requirements are met and fees are paid, you will receive your business license. You can then start operating your business in the SPC Free Zone.
Conclusion
Setting up a low cost business in SPC Free Zone is a strategic move for entrepreneurs seeking a cost-effective and efficient pathway to establishing their business in the UAE. The Sharjah Publishing City Free Zone (SPC Free Zone) offers a range of benefits including affordable licensing options, flexible visa arrangements, and a variety of business activities to choose from. By understanding the business setup in SPC Free Zone cost and the different license types available, you can make informed decisions that align with your business goals and budget.
The comprehensive guide provided above outlines the essential steps and associated costs for setting up your business, from selecting the right business activity and license type to managing additional registrations and services. Whether you’re looking to start a new business setup in UAE or expand your existing operations, the SPC Free Zone offers a favorable environment with competitive pricing.
Why choose Infibiz to Setup a Low Cost Business in SPC Free Zone?
For a smooth and successful business setup experience, partnering with the best business setup company in UAE is crucial. Infibiz stands out as one of the best business setup consultants in UAE, offering expert guidance and support throughout the setup process. We specialize in providing tailored solutions for business setup in Sharjah Free Zone, ensuring that your venture aligns with local regulations and maximizes cost-efficiency.
Book Free Consultation with Infibiz’s Experts.
By choosing Infibiz, you benefit from our extensive knowledge and experience in navigating the free zone business setup in UAE. Our team is dedicated to helping you achieve a seamless setup process, from securing the cheapest business license in UAE to handling all necessary paperwork and registrations. Contact Infibiz today to take the first step towards your successful business journey in the Sharjah Publishing City Free Zone in UAE.
