The global economy is currently going through a transformation, and online businesses have a huge role to play in this. Standing at the forefront of this change in terms of the digital revolution is the UAE. Specifically Sharjah, thanks to its ideal location and investment welcoming atmosphere has transformed it into a hub for e-commerce ventures. So, if an online business is what you intend to venture into, Sharjah may very well be the perfect place for you to do so. However, the first step in this process is to secure an e-commerce license in Sharjah. In this SetHub guide, we will explain everything to you, inclusive of the costs, processes, and benefits of having this license to your company’s name.
What is an E-Commerce License in Sharjah?
To be able to operate online in Sharjah, you need a legal permit. This legal permit is the e-commerce license in Sharjah. By holding this license, it means that you can sell goods or services through websites and social media channels. You may be into fashion, electronics, or even consulting services. This license is what enables you to engage in online trade without any issues. To get this license, you will have to go through the Sharjah Economic Development Department (SEDD) or specific free zones like the Sharjah Publishing City Free Zone (SPC Free Zone).
Why Choose Sharjah for Your E-Commerce Business?
Sharjah offers many advantages for e-commerce startups:
To start with the location connects to several markets in the UAE and countries nearby.
If you were to compare the cost of getting an e-commerce license. You will find that it is cheaper to secure one in Sharjah, as opposed to Dubai or Abu Dhabi.
Of course, there is also the free zone option for you. If you get a Sharjah free zone e-commerce license, you can enjoy perks such as full ownership as a foreigner, tax concessions, and simple setup processes as well.
Steps to Obtain an E-Commerce License in Sharjah
These are the steps that you must follow to get your e-commerce license in Sharjah.
1. Choose the Business Structure that works for you
You will need to decide on whether you want to set up your company as a sole proprietorship, Limited Liability Company (LLC), or a branch office. This decision will affect your application and operations.
2. Decide on a Mainland or Free Zone
Getting an e-commerce license can be done either through a free zone in Sharjah or via the Mainland option. The best way to do it for a simpler and quicker process is to consider a Sharjah free zone e-commerce license. SPC Free Zone is a great choice as it offers support for e-commerce ventures with fast approvals.
3. Pick Your Business Activities
To do this, you must define what kinds of goods or services you want to sell online. The activities that you select must match with your application.
4. Decide on your Business Name
The name of your business must be in line with the naming guidelines of the UAE. Make sure there are no offensive terms or references to religion or politics.
5. Submit Required Documents
Prepare and submit the following documents:
- Application form
- Passport and visa copy
- Residency proof
- A Memorandum of Association (MOA)
6. Apply for the License
Now you can apply for the license through the free zone authority. If you are a mainland business, then you must go through the SEDD.
7. Pay the Fees
The types of business activities will also have a role to play here. Generally, free zones offer cheaper packages, which are ideal for startups.
8. Obtain Approvals and Begin Operations
After approval, you’ll receive your e-commerce license in Sharjah. You can now officially launch your online business, market your products or services, and start trading.
What will it cost?
The e-commerce license in Sharjah cost varies on many things as outlined below:
- Mainland or free zone setup
- Selected business activities
- Office space requirements
Licenses in free zones will start just above AED5000 and this cost can vary based on the package you select. However with the mainland option the cost will be higher but you will have more flexibility.
Benefits of a Sharjah Free Zone E-Commerce License
If you go with a Sharjah free zone e-commerce license, you will enjoy many benefits that you will not find anywhere else.
- Retain full ownership of the business as a foreign investor
- Corporate tax exemptions and zero duties for the import and export of products.
- The free zones process is very simple and easy, including quick license issuance and visa services.
- The facilities and business support services are unmatched and will be tailored for your e-commerce company.
Final Thoughts
If you want to tap into the UAE online market that is booming, to say the least, then you must have an e-commerce license in Sharjah. When you consider that the cost is low, along with Sharjah’s location and policies that enable business to take place, it is a no-brainer. When starting small, we would recommend that you look into these benefits and make an educated decision. Sharjah free zone e-commerce licenses always lead to a hassle-free business setup.
How can SetHub Help?
We have helped so many entrepreneurs in setting up their e-commerce ventures in the UAE, Sharjah included. Many of them are tycoons as of now, so if you would like to join these ranks, we are just a call away. Ready to begin your e-commerce journey? Contact SetHub today to get personalized advice and kickstart your venture
