Sharjah Publishing City
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Introduction:
Sharjah Publishing City Free Zone is a free trade zone in the Emirate of Sharjah, United Arab Emirates, dedicated to the publishing industry. It was established in 2017 and covers an area of 19,000 square meters.
The Sharjah Publishing City Free Zone offers a range of services and facilities to businesses in the publishing industry, including licensing, registration, visa and immigration services, and office space. It also provides access to printing and binding facilities, as well as logistics and distribution services.
The free zone aims to attract local, regional, and international publishers, printers, and distributors by offering a competitive business environment and a range of incentives, such as 100% foreign ownership, zero corporate and personal income tax, and no restrictions on the repatriation of capital and profits.
Sharjah Publishing City Free Zone is a part of the Sharjah Book Authority (SBA), which was established in 2014 to promote the culture of reading and the publishing industry in the Emirate of Sharjah.
Benefits
100% foreign ownership: Companies in Sharjah Publishing City Free Zone can be fully owned by foreign investors without the need for a local sponsor.
Tax incentives: Sharjah Publishing City Free Zone offers a tax-free environment, with no corporate or personal income tax, as well as no value-added tax (VAT).
Customs exemptions: Companies in the free zone can import and export goods without any custom duties.
Easy company setup: The free zone offers a simplified company registration process, with minimal paperwork and fast turnaround times.
State-of-the-art infrastructure: Sharjah Publishing City Free Zone provides modern and fully equipped office spaces, warehousing facilities, and logistics services.
Strategic location: The free zone is located in Sharjah, which is strategically positioned between Dubai and the Northern Emirates, making it an ideal location for businesses looking to tap into the Middle East and North Africa (MENA) region.
Access to markets: Companies in Sharjah Publishing City Free Zone can access a market of over 400 million people across the MENA region.
Supportive environment: The Sharjah Book Authority provides support and guidance to businesses in the free zone, including networking opportunities, training and development programs, and marketing and promotional activities.
Frequently Asked Questions
- What is Sharjah Publishing City Free Zone?
Sharjah Publishing City Free Zone is a free trade zone in the Emirate of Sharjah, United Arab Emirates, dedicated to the publishing industry.
- What types of businesses can operate in Sharjah Publishing City Free Zone?
The free zone is open to all businesses in the publishing industry, including publishers, printers, distributors, and other related businesses.
- What are the benefits of setting up a business in Sharjah Publishing City Free Zone?
The benefits of setting up a business in Sharjah Publishing City Free Zone include 100% foreign ownership, tax incentives, customs exemptions, modern infrastructure, a strategic location, and access to markets.
- How do I set up a business in Sharjah Publishing City Free Zone?
To set up a business in the free zone, you need to submit an application and provide the necessary documentation, including a business plan, passport copies of shareholders and directors, and proof of financial standing. You will also need to obtain a trade license and lease an office space.
- What is the process for obtaining a trade license in Sharjah Publishing City Free Zone?
The process for obtaining a trade license in Sharjah Publishing City Free Zone involves submitting an application and providing the necessary documentation, such as passport copies, bank references, and a business plan. Once your application is approved, you will receive your trade license.
- Can I operate my business from outside Sharjah Publishing City Free Zone?
No, businesses must have a physical presence in the free zone and operate from within the designated office spaces.
- Are there any restrictions on hiring staff for my business in Sharjah Publishing City Free Zone?
No, there are no restrictions on hiring staff for your business in Sharjah Publishing City Free Zone. However, you will need to comply with UAE labor laws and regulations.
