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Ecommerce Business in Shams
The UAE is the fastest growing nation in the ecommerce sector and has the most developed ecommerce market in the entire Middle east. One of the best places for anyone looking to start an ecommerce business in the capital of the UAE is the Shams free zone in Sharjah. Sharjah Media City, also known as the Shams free zone, has grown to be a favorite among young entrepreneurs and digital enterprises due to the enormous expenditures and demands on the digital front.
The free zone is the ideal choice to serve the rapidly expanding Middle Eastern market because of the enormous advantages it provides to ecommerce companies and other digital company settings. Here is all the information you need to know about the Shams free zone and the procedure to obtain an ecommerce license in Sharjah if you are one of the people who wants to start up an ecommerce firm there.
Benefits of setting up a company in Shams Free Zone
- Full ownership of business:
As an expatriate, you can own 100% of the company and remit all profits to your home country.
- Fully remitting profits: Expats living in free zones have the right to move 100% of their capital back to their country of origin without facing any restrictions on doing so.
- No corporate tax
- 0% import/export taxes
- Variety of commercial activities
- Easy and quick setup for obtaining a company license
- Various licensing prerequisites: Service license, industrial license, trading license, and holding license. These are excellent for any size and demand of business.
- All the required documents can be sent to Shams free zone without requiring a physical presence for submission.
- Flexible visa packages that permit shared desk space and up to 6 staff visas: Holders may also sponsor family members and dependents in the SHAMS free zone.
- For entrepreneurs and ecommerce businesses, access to co-working spaces and cost-effective business setup are important. At its premises, Shams Free Zone also provides amenities like WIFI, printers, and other necessities.
- Easy access to trade, service and industrial licenses
- Great chance to develop in the region since it provides affordable business setup and support.
- The occurrence of a huge market that can support a wide range of products or services.
- Fast setup and the presence of a welcoming community for ecommerce will produce the greatest commercial benefits.
Starting an Ecommerce Business in the SHAMS Free Zone
The SHAMS free zone authority is the proper authority to grant ecommerce business licenses. The entrepreneurs are provided access to an online platform for the purchase and sale of products after obtaining an ecommerce license. Consider the following before starting an ecommerce business in the UAE free zones:
Products that you will sell include:
In free zones, businesses are not allowed to sell products directly to consumers. On the other hand, businesses have the option to negotiate with suppliers before adding them to their platform. Depending on the products sold, different licenses are needed. This demands that the online retailer have a well thought out plan for what they will sell.
Warehouse requirements:
The majority of ecommerce businesses sell products directly from the dealer to the customer. However, if storage is required, the company must have a mandatory warehouse license.
Customs and product registrations:
Dealers and manufacturers must be registered with the local authority, ecommerce companies are not responsible for customs product registrations. If you intend to procure the products yourself, you must have the necessary supplier registrations and pay the applicable customs duty.
How Do I Get a Business License for ECommerce?
If you want to start an online business in the UAE, we’ve compiled a list of the essential steps you must take.
- Determine your company’s legal structure, such as whether it will be a Limited Liability Company or a branch office.
- Determine whether you want to set up a Free Zone or a Mainland Company.
- Trade name registration
- Commercial license application
- Establish a business bank account.
- Negotiate a lease for office space.
Start your business journey with Eagle Wings Business Consultant
The Shams free zone offers a business setup that includes grand office space, smart desks, and shared offices to suit any budget. We can help you start a business in the UAE and obtain the Shams free zone business license at a low cost with Eagle Wings Business Consultant. As a result, this is an excellent opportunity for companies, freelancers, and entrepreneurs looking to expand their operations in Sharjah.
To get started and find out more, you can call out experts at +971 4 824 9940 or send a WhatsApp message on +971 52 420 0436 . You can even drop in an email at info@eaglewingsuae.com and get your queries answered.