A company in Sharjah does not have to pay any corporate tax. Additionally, companies in Sharjah are free to repatriate all profits and capital from the United Arab Emirates. Moreover, if a distributor wishes to sell within the UAE, a custom duty of 5% is levied.
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FAQs
What is the tax levied on a company in Sharjah?
What special benefits are offered to companies in SAIF Zone?
The benefits of operating from SAIF Zone are tremendous. It allows 100% foreign ownership, exemption for personal and corporate income tax with 25-year contract remedies for final rent. Licences are issued on the same day.
Can I use my SAIF Zone License to operate from Sharjah or any other emirate?
The licence issued from SAIF Zone is valid for operating your business only inside the free zone territory. You cannot use this license to set up a business in any of the other Emirates. It can however be used to sell goods to other emirates, at a fee.
What type of industrial activities are allowed in Sharjah Free Zone?
All types of industrial activities are allowed with the exception of leather and tanningindustries, manufacturing & packing of all types of pesticides and battery factories, andall types of materials that lead to ozone layer depletion.
Which type of legal entity can a company choose to be in Abu Dhabi free zone?
In Abu Dhabi free zone, a company can be incorporated as a Free Zone Establishment (FZE), Free Zone Company (FZC) or branch of a local/foreign company.
What are the economic benefits of setting up a company in Abu Dhabi free zone?
Abu Dhabi free zone provides for 100% foreign ownership, 100% repatriation of capital and profits, exemption from taxes, no import tariffs, and no currency restrictions.
How many directors are required to register a company in Abu Dhabi free zone?
To register a company in Abu Dhabi free zone, only 1 director is required. This is one of the great benefits of setting up a company in a free zone in Abu Dhabi.
Which type of legal entity can a company choose to be in Abu Dhabi Airport Free Zone?
In Abu Dhabi Airport Free Zone, a company can be incorporated as a Free Zone Establishment (FZE), Free Zone Company (FZC) or branch of a local/foreign company.
What are the economic benefits of setting up a company in Abu Dhabi Airport Free Zone?
Abu Dhabi Airport Free Zone provides for 100% foreign ownership, 100% repatriation of capital and profits, exemption from taxes, no import tariffs, and no currency restrictions.
How many directors are required to be appointed to register a company in Abu Dhabi Airport Free Zone?
To register a company in Abu Dhabi Airport Free Zone, only 1 director is required. This is one of the great benefits of setting up a company in a free zone in Abu Dhabi.