Introduction
Sharjah Publishing City Free Zone was established in 2017. SPC Free Zone is the world’s first free zone that is focused on global print and publishing industry along with promoting entrepreneurship. SPCFZ provides best infrastructure with fully equipped office and co-working spaces.
Benefits of SPC Free Zone
Below are the benefits of formation of Sharjah Publishing City Free Zone company:
- 1500 plus business activities
- Cost effective company formation packages
- Combine up to 5 business activities
- Up to 100 visas under one trade license
- Instant business license
- 100% foreign ownership
- No corporate or income tax
- Strategic location
- Operate in mainland with a Dual license
Sharjah Publishing City company setup require below license types
Following business license types are available in the SPC Free Zone:
- Publishing
- Services & Consultancies
- Wholesale & Retail
SPC Free Zone license Cost
Sharjah Publishing City Free Zone offers 3 packages as per below:
Standard Packages with co-working space
| Sr. No. | Package | Cost (AED) |
|---|---|---|
| 1 | Zero Visa | 9,000/- |
| 2 | 1 Visa | 14,500/- |
| 3 | 2 Visa | 15,750/- |
| 4 | 3 Visa | 17,000/- |
| 5 | 4 Visa | 18,250/- |
| 6 | 5 Visa | 19,500/- |
| 7 | 6 Visa | 20,750/- |
Publishing Packages with co-working space
| Sr. No. | Package | Cost (AED) |
|---|---|---|
| 1 | Zero Visa | 5,750/- |
| 2 | 1 Visa | 9,250/- |
| 3 | 2 Visa | 10,850/- |
| 4 | 3 Visa | 12,450/- |
| 5 | 4 Visa | 14,050/- |
| 6 | 5 Visa | 15,650/- |
| 7 | 6 Visa | 17,250/- |
Facility packages
| Sr. No. | License cost (AED) | Visa Quota |
|---|---|---|
| 1 | 6,000/- | 0 |
| 2 | 9,250/- | 1 |
Investor can add below mentioned offices by paying the license cost mentioned above.
Types of office available and cost
Following offices/facilities available with SPC Free Zone:
| Sr. No. | Type of offices/facilities | Cost (AED) per Sq. Mt. |
|---|---|---|
| 1 | Unfurnished Office | 980/- |
| 2 | Storage | 480/- |
| 3 | Furnished office | 1,100/- |
| 4 | Retail space | 480/- |
| 5 | Shell & Core | 600/- |
| 6 | Warehouse | 480/- |
Sharjah Publishing City Free Zone visa cost
| Sr. No. | Particulars | Cost (AED) |
|---|---|---|
| 1 | Immigration card | 1,575/- |
| 2 | E-channel registration | 2,250/- |
| 3 | Investor/Employee visa cost | 3,150/- |
| 4 | Change status | 1,000/- |
| 5 | Medical & Emirates ID | 1,200/- |
List of documents required for SPCFZ company setup
Documents required for individual shareholder
- Passport copy
- Entry stamp copy or residence visa copy (if UAE resident)
- 2 passport size photos
Documents required for corporate shareholder
- Copy of certificate of formation
- Copy of certificate of incumbency/good standing
- Copy of MoA-AoA,
- Copy of Board Resolution
- Documents for the authorized person
- Passport copy
- Entry stamp page or residence visa copy (if UAE resident)
- 2 passport size photos
- Degree (for relevant activities)
Timeline
| Sr. No. | Particulars | Working Days |
|---|---|---|
| 1 | Issuance of trade license | 1 |
| 2 | Issuance of immigration card and e-channel registration | 2 |
| 3 | Residence visa | 5 to 8 |
SPC Free Zone license renewal cost
Sharjah Polishing City Free Zone license renewal cost will be the same as the package cost selected at the time of company formation.
SPCFZ license Amendment
Most of the amendment in SPC Free Zone can be done online and its cost starts from AED 2,100/-.
Sharjah Publishing City Free Zone company liquidation
SPC Free Zone company liquidation can be done online and it takes minimum 15 working days to cancel the trade license. The license cancellation cost starts from AED 2,100/-.
Conclusion
Sharjah Publishing City offers highly competitive packages with flexibility on number of visas and up to 10 years license validity. It also offers dual licenses, permitting companies to trade in both the UAE mainland and the free zone. Investor can start the company with AED 5,750/- with SPCFZ.
