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In the United Arab Emirates, Sharjah has emerged as a top destination for company establishment. With the intention of starting a business, investors are pouring money into the emirate from all over the world. Due to its great location, it has become one of the UAE’s fastest-growing emirates and has been recruiting investors to move there. The Dubai-Sharjah-Ajman metropolitan region is formed by Sharjah, which is closer to Dubai and serves as a link between the major trade zones. The emirate offers up fresh prospects and has expanded greatly over time.
The mainland and the free zones serve as Sharjah’s business establishment jurisdictions. According to a 2020 change to the Commercial Companies Law (CCL), foreign expatriates can now hold 100% of a business in both free zones and the mainland. In the case of the mainland, some specified groups are eligible for 100% ownership, subject to meeting certain requirements.
around the years, a few noteworthy free zones in Sharjah have drawn notice from all around the world.
Sharjah opens up to mainland firms in addition to free zone enterprises. As long as the new rule remains in place, an increasing number of investors are flooding the emirate to establish their mainland company in Sharjah. There are many different kinds of businesses that can be established on Sharjah’s mainland:
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