Those days have gone when you had to wait for the issuance of a business license in Sharjah. This is because the Sharjah Economic Development Department (SEDD) has officially launched the Sharjah Instant License that streamlines the complete process to set up your business in this region.
The initiative has enabled investors or entrepreneurs to obtain the business license instantly and begin their company in Sharjah faster than ever. Although this service has many advantages. Still, some problems are there with this instant license. Keep reading to learn everything about this service.
Sharjah Instant License is here.
As we told you before, the SEDD has introduced a new “Instant License” service focused a new “Instant License” service focused to motivating investors and making it easier to set up a business in Sharjah.
With the help of this service, you can now get a commercial license issued within a single day. In addition, the service has also eliminated the need for submitting a Memorandum of Association or a signed lease contract within a year.
This move was approved by the Sharjah Executive Council. Moreover, the service is designed to simplify the procedure of launching a business. Moreover, it allows you to start the operation of your business immediately.
Furthermore, the service has cut down on the paperwork and waiting time to start the business. In addition, the initiative is an example of the effort of the Sharjah to create a more dynamic as well as competitive economy.
Who Can Benefit from the Instant License?
The Sharjah Instant License is developed for office-based businesses that do not need extra approvals from the government bodies or other authorities. So, here is the key points of the eligibility criteria to requires the Sharjah Instant License:
- As we mentioned before, all office-based businesses that do not need additional permits, like health, other departments, can apply directly through the SEDD platform.
- The license is ideal for small businesses, freelancers, and startups because each license allows for up to three employees.
- After one year of operation, you are expected to meet the regular licensing requirements, including the submission of a lease contract and obtaining any important regulatory approvals. It will help you to continue the operation in this emirate.
It will provide you with a low-risk and low-entry point who want to instantly test, launch, and grow their business ideas in a supportive and growing environment.
Sharjah Aims to Curb Unlicensed Businesses and Boost Economic Growth
The officials of the Sharjah Economic Development Department (SEDD) said that the instant license will assist in reducing unlicensed business activity by giving an instant and legal option. Moreover, it gives new investors and growing businesses a head start, especially those people who enter such a sector that matches the strategic goal of Sharjah.
Hamad Ali Abdalla Al Mahmoud (Chairman of SEDD) said SEDD is building a regulatory framework that encourages both flexibility and long-term progress. He also mentioned that this initiative reflects the vision of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the directives of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Chairman of the Executive Council.
Al Mahmoud said that this service shows the commitment of Sharjah to make business easier and more accessible. Moreover, he also said that we want to attract investors, support businesspeople, and ensure the Emirate remains a leading destination for the development of the economy globally and regionally.
Al Mahmoud mentioned that they pay greater attention to giving and improving a regulatory and legislative atmosphere to promote business growth.
Read more:
[…] Sharjah Instant License Launches to Simplify Business Setup for Entrepreneurs […]
[…] Sharjah Instant License Launches to Simplify Business Setup for Entrepreneurs […]