SPC Free Zone: Your Gateway to Business Success in the UAE

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October 21, 2023

SPC freezone

The Sharjah Publishing City Free Zone (SPC Free Zone) is a significant and innovative development in the global print and publishing industry. Inaugurated in 2017, it was established under the patronage of His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi.

This free zone stands out for its focus on encouraging entrepreneurship and its commitment to preserving and promoting the legacy of knowledge for future generations. Its establishment represents a strategic effort to position Sharjah as a key player in the international publishing landscape, offering a conducive environment for businesses in this sector to thrive.

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What are the types of licenses in the SPC-Free Zone?

In the SPC Free Zone in Sharjah, there are four main types of licenses available for businesses:

  1. E-Commerce License: This license is suitable for businesses that operate in the online retail and e-commerce sectors
  2. Service License: This type of license is designed for businesses that provide services, such as consulting, IT services, etc.
  3. Commercial License: Aimed at businesses involved in trading activities, including buying and selling goods.
  4. General Trading License: This license allows for a broader range of trading activities compared to the Commercial License and is suitable for businesses dealing in multiple types of goods.

These licenses are designed to cater to a wide range of business activities, offering flexibility and various benefits such as low setup and operational costs, 100% foreign ownership, 100% repatriation of profits, and the option for a dual license that allows operating both in the free zone and on the mainland.

Freelance Permit

Designed for media, technology, entertainment, and art professionals to legally offer their services, whether full-time or freelance. Now that you’ve explored the types of licenses, let’s delve into how to choose the perfect fit for your venture. When it comes to discovering your ideal match in the SPC Free Zone, the key lies in the trade licenses it provides. To determine your business’s scope, begin by pinpointing the specific activities it will engage in, and then choose the SPC license that aligns with those activities.

Remarkably, this free zone offers a comprehensive selection of over 1,500 licensing activities, allowing you to combine up to five activities spanning various sectors to tailor them to your requirements.

What are the business structures available in the SPC-Free Zone?

The Sharjah Publishing City (SPC) Free Zone offers a variety of company structures and facilities to cater to diverse business needs. Here's an overview of the company structures and facilities available:

Free Zone Establishment (FZE)

Structure: An individual or a corporate entity may own one share of this single-shareholder company.
Ideal for: entrepreneurs or sole proprietors who want full control over their business.

Free Zone Company (FZC)

Structure: suitable for businesses with multiple shareholders. These shareholders can be individuals, corporate entities, or a combination of both, with a maximum limit of seven.
Ideal for: joint ventures or partnerships, allowing for a collaborative business approach.

Free Zone Branch of a Company
Types:
  • Domestic Branch: A branch of a UAE-based company.
  • International Branch: A branch of a foreign-based company.

Ideal for: established companies looking to expand their presence in the UAE or international markets.

Facilities:

Warehouse and Storage Facility
Features: secure and lockable spaces that adhere to high safety and security standards.
Uses: Ideal for businesses requiring storage for inventory, equipment, or other operational needs.

Co-working Facility
Size: A vast area of 100,000 square meters.
Amenities: This includes 24/7 access to office amenities, meeting rooms, co-working spaces, and cafes.
Ideal for: start-ups, freelancers, and businesses that require flexible working spaces.

Office Space
Variability: Sizes range from 17 to 1,700 square meters.
Options: Available as equipped or unfurnished offices, catering to different business needs.
Ideal for: businesses of various sizes seeking a dedicated workspace.

Retail Space
Location: prime locations for direct sales.
Opportunities: Suitable for retail businesses, eateries, or coffee shops, providing direct interaction with clients.

What are the benefits of the SPC-free zone?

  • 100% Foreign Ownership: Allows full control over companies without a local partner or sponsor.
  • Strategic Location: central position in the UAE, offering access to international markets in the Middle East, Asia, and Africa.
  • State-of-the-Art Infrastructure: modern facilities, including office spaces, warehouses, and advanced telecommunications.
  • Business Support Services: Assistance with company registration, licensing, visas, permits, and access to essential services.
  • Sector-Specific Zones: specialized zones for various industries, fostering a conducive business environment.
  • Flexibility in Business Activities: Over 1,500 permissible business activities, catering to a wide range of sectors.
  • Full Repatriation of Profits: Freedom to repatriate all profits and capital without restrictions.
  • No Currency Restrictions: Facilitates ease of financial transactions.
  • No Mandatory Audits: Reduces regulatory burdens, especially beneficial for SMEs.
  • Cost-Effective Setup: License costs start at AED 5,750, with additional costs depending on business needs.

These benefits make the SPC Free Zone an attractive option for entrepreneurs and investors looking to establish a presence in the UAE. Finally, if you’re an entrepreneur or investor looking to set up shop in the UAE, Sharjah Publishing City Free Zone is the place to be. With a variety of license alternatives, first-rate facilities, and a slew of benefits, it provides the convenience and flexibility required for successful company formation within Sharjah Publishing City Free Zone. Don’t pass up SPC Free Zone’s prospects for your company's ventures in the growing UAE market.

Reach out to us for business setup services in the SPC Free Zone.

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