If you are interested in creating a new business and want a tactical location with zero tax, Sharjah publishing free zone is the ideal place for your company to be incorporated. Sharjah publishing city is a free zone that supports various businesses and industry activities. In addition to its strategic location, the free zone has a low tax rate and an exceptional business environment. Therefore, entrepreneurs should seriously consider incorporating their business into the free zone.
Company formation in Sharjah publishing city:
Companies in Sharjah publishing must adhere to the rules and regulations of the Emirate. These include Economic Substance Regulations, Ultimate Beneficial Ownership, and Anti-Money Laundering & Combating the Financing of Terrorism (AML-CFT). Failure to comply with these regulations can cost a company its reputation and result in heavy fines and penalties. However, with proper guidance and assistance from business setup consultants in Sharjah, you can easily comply with the regulations.
Types of companies you can form in Sharjah publishing:
Sharjah publishing city is a free zone in Sharjah, UAE, dedicated to the global print and publishing industry. The free zone offers a business-friendly environment and advanced technology to help entrepreneurs establish their companies in the area. The free zone’s facilities, such as meeting spaces, wireless high-speed internet, and secretarial services, support the development of publishing-related businesses. Sharjah publishing city is home to the Sharjah international book fair, the largest book fair in the Middle East. It attracts more than two million visitors annually and features 1.6 million titles.
Activities supported by the free zone:
Sharjah publishing-free zone is a modern integrated business community with an extensive range of services and amenities for existing and new businesses. The zone offers flexible, competitive deals for investors and start-ups and a seamless relocation experience. The free zone’s advanced infrastructure network helps businesses access global and regional markets.
Cost of company formation in Sharjah publishing city:
Sharjah publishing city offers several benefits to start-up entrepreneurs. It focuses on the media and publishing sector and offers over 1,500 business activities. The city provides convenient business license packages, consulting services, and low business costs. It also offers dual business licenses, enabling entrepreneurs to set up their companies in both the free zone and the Mainland.