Professional Company Sharjah
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MAINLAND COMPANY IN SHARJAH
What is a Professional Company?
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A Professional Company in UAE is a business entity that delivers professionals or the expert services. These companies are run by individuals who are licensed to practice in their respective domains. They usually include firms engaged in legal practice, auditing, accounting, civil engineering, and even educational, medical, and technical services.Benefits of Professional Company in Sharjah
100% Ownership of the Company
- Unlike earlier regulations for business setup in UAE, which required foreign investors to have a local sponsor to establish a company, expat businessmen now can have total ownership and control of their professional company. This new law has brought about a refreshing change and made it easier for international investors to establish and grow their businesses in the UAE.
No Mandatory Minimum Share Capital
- Think you will need a mandatory huge capital to set up a professional company in Sharjah? Not at all! You can start your business without investing a large sum upfront. So you see, company formation in sharjah is truly cost-effective.
Tax Exemptions
You might have heard about hefty taxes being levied on businesses in most countries across the world but not in Sharjah. The UAE government has tax-friendly regulations which means you don’t have to pay any personal income taxes. Corporate taxes are also bare minimum so you can retain the profits with yourself and reinvest it to grow your business.
Government Support
The government of Sharjah provides support to startups and established businesses alike. You can check out for the incentives and assistance programs to start your new venture or expand the existing one.
Quality of Life
Talk about the quality of life in Sharjah and it’s one of the best in the world. It has excellent infrastructure, educational systems, entertainment and shopping destinations, hospitals and is safe and secure to reside. All these qualities make Sharjah a preferred destination for professionals and their families who are looking for a balanced lifestyle.
Steps involved in the Professional Company Formation in Sharjah
Forming a Professional Company in Sharjah involves several steps, each of which requires careful planning and execution. At Corpin Consultants, we specialize in providing professional company formation services to guide you through each stage of the process. Here’s a look at the process:
- The first step for the best business setup in sharjah is to choose the specific business activity you wish to go for. It will depend on the kind of qualifications and the expertise you have. This may include legal consultancy, medical services, engineering, or educational services. Choosing the right business activity is essential to obtain the appropriate professional license from the relevant authorities.
- Next choose the name for your business. It should be unique and should comply with the naming conventions as set by the Sharjah Economic Development Department (SEDD). Corpin Consultants can assist you in selecting and registering your company name to ensure it meets all legal requirements.
- You will need to submit the documents to SEDD which includes proof of your qualifications and experience in the field. Depending on your business activity, you may be required to furnish other additional documents. These documents will be verified by the SEDD authorities and issue you a professional license.
- If you need a local service agent, we can help you prepare a service agent agreement. This agreement details the roles and responsibilities of the local agent to ensure that all legal requirements are met. Our team prepares the agreement in accordance with UAE laws.
- Once you have the professional license and service agent agreement, you will need to register the company. This involves submitting the documents such as your license, agreement and company name registration.
- After completing the company registration formalities, you will be required to open a corporate bank account and complete the visa processes for yourself, your family and employees.
Choose Corpin Consultants, the best consultants in Sharjah
At Corpin Consultants, we pride ourselves on being the best business setup consultant in Sharjah. Our extensive experience coupled with our commitment to providing personalized service in company formation are the major reasons why our clients chose us for their professional company formation needs. We also offer ongoing support to already established professional companies to update them about the new laws and ensure they are compliant with it. So if you are looking for the right consultant who can guide you through the business setup process efficiently, contact us today!