spc free zone
SPC free zone refers to Sharjah Publishing City Free Zone, which was launched in 2017 under the guidance of His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, Ruler of Sharjah and Member of the UAE’s Federal Supreme Council, is a game-changer in the world of print and publishing. As the first-ever free zone dedicated to this industry, it not only supports global publishing but also encourages budding entrepreneurs. This initiative reflects His Highness’s vision to keep the flame of knowledge burning bright for generations to come.
Sharjah, known as the cultural heart of the UAE, is home to Sharjah Publishing City SPC Free Zone – the world’s first exclusive free zone dedicated to printing and publishing. Spanning 400,000 square meters, SPC provides excellent warehouse and office space facilities for businesses, making it a top choice for publishers and book enthusiasts alike.
Benefits of Setting Up a Business in SPC free zone
Managed by the Sharjah Book Authority, SPC Free Zone offers a host of perks for businesses and investors in Sharjah, such as:
- Affordable Office Space: Entrepreneurs can secure office spaces starting at just AED 1,350.
- Flexible Leasing: Companies enjoy 25-year renewable leasing contracts.
- Simplified Setup: Business setup requirements have been streamlined to save time and effort.
- Quick Licensing: Trading licenses are issued within just 24 hours.
- Full Expat Employment: Companies can hire 100% expatriate staff.
- Tax Benefits: Businesses are exempt from income tax and import/export duties.
- Cost Efficiency: The zone boasts low living costs, affordable manpower, and printing logistics.
- 100% Ownership: Companies have full ownership with no local partner required, and profits can be fully repatriated.
- Extra Support: Local sponsorship and e-channel visa services are available for employees.
Facilities Offered at Sharjah Publishing City (SPC)
Sharjah Publishing City is packed with everything a budding entrepreneur or business needs to hit the ground running. Here’s what’s on the table:
- Office Space: SPC offers office spaces starting at just 25 sq. meters. The rent covers parking, utility bills, and cleaning of shared areas. You can choose between:
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- Unfurnished Offices: AED 1,350 per sq. meter annually.
- Furnished Offices: AED 1,550 per sq. meter annually.
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- Warehousing: SPC provides pre-built warehouses that are easy on the pocket and ready for use. Here’s the breakdown:
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- 125 sq. m.: Includes 22 sq. m office space + 103 sq. m storage for AED 60,000/year.
- 250 sq. m.: Includes 60 sq. m office space + 190 sq. m storage for AED 110,000/year.
- 400 sq. m: Includes 60 sq. m office space + 340 sq. m storage for AED 160,000/year.
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- Trade Licenses: SPC makes getting a license a breeze—you can have one in hand within 24 hours! Choose between:
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- Commercial License: For businesses in import/export, warehousing, or distribution, priced at AED 7,500/year.
- Professional License: For service providers or professionals, also priced at AED 7,500/year.With these amenities, SPC ensures entrepreneurs get the tools they need to kickstart their businesses in no time!.
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Types of Business Licenses in Sharjah Publishing City (SPC) Free Zone
SPC Free Zone provides a range of licenses designed to suit the needs of various businesses and industries. Here’s a breakdown:
Commercial License
This license is perfect for companies involved in general trading, retail, and import/export activities. It allows businesses to deal with a wide range of products and services across different industries.
Trading License
Focused solely on buying and selling goods, the Trading License is ideal for wholesale and retail trade businesses looking to specialise in specific markets.
Services License
Designed for professionals and businesses offering expertise-based services, this license covers activities such as consulting (business, management, and real estate), accounting, human resources, and technical services.
E-Commerce License
With the rise of online business, the E-Commerce License caters to companies operating on digital platforms. It’s a great fit for businesses focused on online sales, services, and digital trade.
Each license is tailored to help businesses grow and thrive in their respective fields, ensuring entrepreneurs find the right fit for their operations at SPC Free Zone!
Office Options Available at Sharjah Publishing City (SPC) Free Zone
SPC Free Zone caters to businesses of all shapes and sizes with flexible office solutions. Here’s a quick rundown of the options:
- Co-working Spaces: Perfect for freelancers, entrepreneurs, and startups, these shared spaces offer a budget-friendly setup with all the essentials. Plus, they’re great for networking and exchanging ideas with other professionals.
- . Serviced Offices: Ready-to-use, fully furnished spaces with internet, phones, and admin support included. These are ideal for businesses that want to skip the hassle of setting up from scratch.
- Shell and Core Offices: A blank slate for businesses that want to design their office space their way. These unfinished units allow tenants to customize layouts and interiors to match their needs.
- Retail Spaces: For shops, cafes, and other retail outlets, SPC offers spaces that give businesses direct access to customers within the free zone.
- Warehouses and Storage Areas: SPC provides secure warehouse facilities with modern logistics support, perfect for managing inventory and logistics efficiently. No matter your business type, SPC Free Zone has a space to fit your needs!
Documents Needed for Setting Up a Company in SPC Free Zone
If you’re planning to establish a company in Sharjah Publishing City Free Zone, you’ll need to prepare and submit specific documents based on the type of business setup. Make sure all documents are up to date and, where required, properly attested to ensure a smooth registration process. and the documents required is as follows:
For a Free Zone Establishment (FZE):
- Completed application form for company registration.
- Passport copies of all shareholders, directors, and the manager.
- Visa and Emirates ID copies for shareholders, directors, and the manager.
- Proof of address for shareholders (such as a recent utility bill or bank statement).
- Passport-size photograph of the shareholder (on a white background).
- Memorandum and Articles of Association (MOA & AOA).
- Specimen signature of the proposed manager.
For Setting up a Branch of an Existing Company:
- Completed company registration form.
- Owner declaration document.
- Passport copy and photograph of the branch manager.
- Proof of address of the branch manager.
- Attested Memorandum and Articles of Association (MOA & AOA) of the parent company.
- Attested Certificate of Incorporation of the parent company.
- Attested Board Resolution and Power of Attorney issued by the parent company.
- Attested business license of the parent company.
Conclusion
Thus we have come to know the most important points about SPC free zone, Benefits of Setting Up a Business in SPC free zone, Facilities Offered at Sharjah Publishing City (SPC), Types of Business Licenses in Sharjah Publishing City (SPC) Free Zone, Office Options Available at Sharjah Publishing City (SPC) Free Zone and Documents Needed for Setting Up a Company in SPC Free Zone.
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