What are the advantages of investing and setting up a company in Sharjah?

Policy advantages

Foreign ownership: The new UAE Commercial Company Law allows foreign capital to own 100% of onshore companies in most areas, except for industries with strategic impact. It abolishes the requirement that commercial companies must be majority shareholders of UAE citizens, and no longer requires UAE citizens or local companies to act as agents, which provides convenience for Chinese bosses to invest in Sharjah.

Tax incentives

Enterprises registered in Sharjahs Hamriyah Free Zone, Sharjah Airport International Free Zone, etc. can enjoy exemptions from corporate income tax, personal income tax, corporate tax and import and export tariffs.

Geographical advantages

Sharjah, UAE, is located in the Middle East and has a unique geographical location and trade advantages, which is convenient for conducting international business and can radiate to the Middle East and surrounding European and African markets more conveniently.

Business environment advantages

Cultural diversity: Sharjah has a rich and diverse cultural atmosphere, which is conducive to Chinese companies expanding their business here and contacting customers and partners from different cultural backgrounds, providing a broad market and opportunities for corporate development.

Complete supporting facilities: It has complete commercial supporting facilities, including office buildings, hotels, convention and exhibition centers, etc., which are convenient for carrying out various business activities.

Background of China-Arab Cooperation

With the close integration of Chinas "Belt and Road" initiative and Arab countries "Look East" policy, a favorable environment has been created for Chinese companies to invest in Arab countries such as the UAE. Chinas economic and trade cooperation with the UAE has continued to deepen. In 2021, the trade volume of goods between China and the UAE reached US$72.36 billion, a year-on-year increase of 46.6%.