2. Located in Sharjah, and it's unique advantage as
the only hub with ports on the Arabian Gulf's
west and east coasts with direct access to the
Indian Ocean and North Africa and an
International Airport,Sharjah offers unmatched
possibilities for investors. It's trading accounts
for more than 45% of the GDP of the Emirates.
3. A limited company may be formed by a
minimum of two and a maximum of fifty
persons whose liability is limited to their shares
in the businesses capital.
4. Most companies with foreign partners have
opted for the Limited Liability Company, due to
the fact that this is the only option that'll give
maximum legal ownership i.e. 49% to the
expatriates for a trading license. As it is
compulsory to keep one UAE national as a
partner in the LLC company, prospective investor
has to choose one UAE national (sponsor) as a
partner in the company.
5. Entrepreneurs set up a Sharjah LLC because
operating costs are lower than in neighbouring
regions.
6. Advantages of a Sharjah LLC
• LLC is the most common company formation
in Sharjah.
• No deposit customs policy for cargo in transit
between Sharjah seaports and the SAIF zone,
being an advantage for trading LLC’s, unlike
other emirates.
• Unique location advantage with 3 sea ports
and an airport
• Lower operating costs
7. • While foreign equity in the company may not
exceed 49%, profit and losses will be shared in
a ratio different to that of the share capital
ratios
• No specific minimum capital requirements
• The investor becomes the partner in the
company.
8. • The investor gets the investor visa under
which he/her enjoys an investor’s status in
Sharjah along with his/her family.
• The investor can create more branches at
different places for his activities.
9. • LLC managers can be national, foreign or third
party members.
• The investor can run the business without the
day-to-day interference of the local national
partner.
• The assets and capital created will be in the name
of the company and not in the name of the local
national partner.
• Easy to open global corporate bank accounts
following Sharjah LLC set up
10. HLB Hamt’s LLC incorporation services
HLB Hamt will work with you to handle your LLC
formation from start to finish
11. We give strategic inputs, work with you on your
business plan, help bring in local equity, and also
handle paperwork and documentation
formalities.
12. We handle the details for you, so you're free to
concentrate on the bigger picture - your
business.