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Investin Sharjah

About Sharjah

The UAE is one of the most diversified economies in the Gulf Region and Sharjah is widely recognised as the nation’s cultural capital, industrial hub and education hotspot. Centrally located between Europe and East Asia, and with convenient access to major international airports and ports on both the Arabian Gulf and Indian Ocean, Sharjah is a strategic investment destination for global investors and companies looking to explore new geographies and emerging markets, especially in Asia, Africa and Europe.

Sharjah’s sustainably structured, stable and predictable business environment offers long-term gains and boosts potential prospects of its investors.

 

 

 

 

With a steadily rising GDP, a highly-diversified economy and a growing population of highly educated, ambitious and outward looking young people, Sharjah is well placed for long term investment returns and access to global markets and skilled talent.

Sharjah’s strengths as an attractive investment climate lie in its highly diversified manufacturing, production and services economy. Its non-oil economy is worth less than 10% of GDP, making it one of the most sustainable and economically dynamic economies in the entire MENA region. The emirate has seen remarkable and consistent growth over recent years, with and a sustained compound GDP growth rate of 11 percent over the past 10 years.

From its open-door policy and simplified incorporation process, to special investment zones and a transparent and business-friendly regulatory environment, Sharjah offers hugely competitive advantages for regional and international investors.

 

1.4 million

Population

16000 students/year

University Graduates in Sharjah

Over 170

destinations via Air Arabia

54000

small businesses (SMEs) based in Sharjah (MOE)

Sharjah Economic Statistics

 

USD 25 billion (SEDD)

GDP

6

Free Zones

BBB (stable) + (S&P)

Credit Rating

AED 29 Billion

Government budget

Why Invest in Sharjah

As the Sharjah FDI Office, we are dedicated to the continued transformation and economic diversification of the emirate and committed to guiding foreign investors to the tremendous opportunity and potential Sharjah offers.

Our vision is to inspire businesses by building on the strong foundations of Sharjah’s sustainable growth and economic diversification, while identifying and facilitating investment opportunities across different sectors.

Invest in Sharjah facilitates the investment process by fostering close collaboration between the public and private sector. By bringing investors and opportunities together we fuel growth and prosperity, and we streamline an end-to-end solution to investing in the emirate. We believe that our tailored services will help promote and position Sharjah in the global marketplace

We offer investors:

  • Superior market knowledge and intelligence
  • Access to investment opportunities across a range of sectors and industries
  • Bespoke advice and step-by-step guidance
  • Aftercare services

We are a passionate and ambitious team dedicated to opening doors and guiding your success. Leveraging our superior market knowledge and intelligence, we assist investors with the right opportunities in Sharjah by providing bespoke advice and guidance, that help individuals and organisations realise their investments in the emirate.

 

Key Industries

At Invest in Sharjah we identify, promote and facilitate investment opportunities in all sectors, with a focus on Travel & Leisure, Transport & Logistics, Healthcare, Environment, Education and Light Manufacturing.

 

TRAVEL & LEISURE

With a sharp rise in demand, the travel and leisure sector offers a wide range of investment opportunities. From an ever-increasing demand for luxury hotels, health and wellness facilities, experiences and global-standard restaurants to growing passenger arrivals at the emirate’s airport and cruise terminals, Sharjah offers incredible opportunities for investments in this flourishing sector.

75%

international tourists

13.6m

passengers at Sharjah International Airport 2019

1.7m

visitors

70%

guests stay at 4-5-star hotels

TRANSPORT & LOGISTICS

Perfectly placed between the northern Emirates and the nation’s capital of Abu Dhabi, downtown Sharjah is a 14-minute drive from Sharjah International Airport, 20-minutes from Dubai International and a trade, commerce and industrial hub of the UAE, Sharjah offers a wide range of investment opportunities in this fast growing sector.

18m

passenger capacity at Sharjah International Airport by 2027

20

total metres of berth

62%

of industrial hubs dedicated to freight forwarding

 

Rapidly expanding export and re-export market

HEALTHCARE

With a fast-growing population, Sharjah provides an abundance of investment opportunities across the healthcare sector, from R&D to pharmaceuticals, retail and health, public and private hospitals, medical and wellness provision and suppliers of products and services across the healthcare value chain.

16

public & private hospitals (2019)

630

Additional beds needed

$1,268

UAE health expenditure per capita on avg (USD)

 

Insurance and private healthcare for all

ENVIRONMENT & RENEWABLE ENERGY

With new environmental protection legislation and ground-breaking projects like Sharjah Sustainable City – the first net zero energy community in Sharjah – there are huge opportunities for investors and businesses in environmental research, renewables, waste management and products and services.

5%

annual increase in demand for power

9.5

hours of daily sunlight for solar energy

2.3m

tonnes of waste collected by Bee’ah from 1 million households each year

EDUCATION

Sharjah provides world-class nursery and primary education facilities for its fast-growing population. It is also a major center for higher education in the region, with multidisciplinary centres of excellence across several campuses, offering investment opportunities across the entire education value and supply chains.

95%

literacy rate

25k+

students in University City

21

higher learning institutions (2019)

232+

schools (2019)

LIGHT MANUFACTURING

Manufacturing is the second-largest sector in the emirate, contributing 16.5% to Sharjah’s GDP and accounting for one-third of UAE manufacturing output. As a major industrial hub for the nation and the wider region, Sharjah has become a national leader in light manufacturing, with thriving industry sectors including textiles, plastics, paper, food processing for domestic consumption and exports. There are abundant opportunities for investment right across Sharjah’s rich and dynamic value chain.

17%

of GDP based on industry & manufacturing

150k

employees in the emirate’s Industrial City

23

ft2 leasable warehouses

$773k+

of electrical goods and machinery exported

Free Zones

At Invest in Sharjah we identify, promote and facilitate investment opportunities in all sectors, with a focus on Travel & Leisure, Transport & Logistics, Healthcare, Environment, Education and Light Manufacturing.

 

Hamriyah Free Zone

Hamriyah Free Zone- a 30 million m2 bustling business destination in Sharjah for global investors, currently hosting 6,500 companies from 163 countries operating industrial, commercial and service projects.

Enticing features are high-class infrastructure, 100% ownership of projects, unbeatable advantages and exemption from various taxes and duties, friendly disposition everywhere and excellent services.

Prime plots for heavy industries, Access to 14m-deep water port and 7m-deep inner harbor for import/export of petrochemicals, warehouses and offices for storage and other projects are some of the best attractions in the Free Zone. The most recent addition is our Food Park, the region’s first dedicated zone for food industry with 228 warehouses of various sizes and power supplies designed for light industrial units suitable for storage, manufacturing, assembly, and packaging.

Sharjah Airport International Free Zone Authority

Established in 1995, the Sharjah Airport International Free Zone Authority is considered one of the oldest free zones in the Middle East region, and the first free zone in the UAE that is located within an international airport. SAIF ZONE hosts more than 8,000 companies from 165 countries.

SAIF ZONE is considered a major central hub that links international trade routes in Asia, Africa and Europe, and provides fast and easy access to more than 2 billion people within a 4-hour flight. With a strategic location that provides easy access to the ports located along the Gulf of Oman and the Arabian Gulf.

Sharjah Media City

Sharjah Media City (Shams) is world-class media hub for innovative facilities and services. Shams offers over 120 business activities to choose from and provides the flexibility to combine different activities on the same license. Licenses issued by Shams allow companies to operate their business activities in accordance with their license and offer facilities, a flexible legal framework, as well as general and logistical services to investors. Shams provides unique services to investors from across the world and a high level of innovative services in a safe and vibrant ecosystem for entrepreneurs to set up their business.

Sharjah Research, Technology & Innovation Park

Sharjah Research, Technology & Innovation Park (SRTI Park) was established in 2016 by royal decree of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council of the UAE, and Ruler of Sharjah, United Arab Emirates. SRTI Park aims to develop and manage an innovation ecosystem within a free zone that promotes Research and Development and supports enterprise activities and the triple helix collaboration of industry, government, and academia. SRTI Park continues extensively in its efforts to attract and host knowledge-intensive businesses.

The Park’s research focus areas are water technology, renewable energy, environmental technology, digitization, Industrial Design 4.0, and Transportation & Logistics. The aim of SRTI Park is to provide an environment conducive to creativity and innovation by creating an attractive and sustainable park with world-class infrastructure and services, supporting, promoting and developing the innovation system and to enhance the Emirate’s status as a global destination in the fields of research and technology transfer.

Sharjah Publishing City Free Zone

SPC Free Zone offers a sole platform by catering to the needs of multifarious businesses & industries with its attractive packages and services including company registration, licensing, printing, distribution etc. The formation of SPC Free Zone is a perception of the vision of H.H. Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The Free Zone also capitalizes on the Emirate’s strategic location, its link to international markets via air, land and sea.
Advantages:

  • Licensing and Company registration
  • Offers Dual License (free zone license and local license)
  • Printing and Publishing hub- regional & global
  • Zero taxation
  • 100% foreign ownership
  • No fund repatriation limits
  • Precedence over SIBF & SCRF
  • Epicenter to global connectivity

Sharjah Healthcare City

Sharjah Healthcare City (SHCC) was formed in March 2012 under the directive and vision of His Highness Dr. Sheikh Sultan Bin Mohammed Al Qassimi, Member of the Supreme Council and the Ruler of Sharjah with the objective to transform and enhance the regional healthcare service industry and establish Sharjah as the most sought after destination for healthcare services.

SHCC operates as a Free Zone, enabling investors to enjoy 100% ownership of their entity, zero tax and duties, 100% repatriability of their capital and profit, single-window service, hassle free licensing and world class infrastructure. It comes up close to the Sharjah international airport with a land area of 4.8 Million square meters.

The entire area of SHCC will aim to service the healthcare needs of the UAE residents as well as population around the MENA region with state-of-the-art facilities in the scope of healthcare. Sharjah Healthcare City will offer 100% foreign owned investment opportunities for small, medium or larger hospitals, poly clinics, Laboratories, rehabilitation centers, wellness centers, residential units, health clubs, consultancy offices, storage and production units of healthcare equipments and accessories.

Main Land

A mainland is also known as an onshore company. Which licensed by the Sharjah Economic Development Department (SEDD) and is allowed to do business in the local market as well as outside the UAE without any restrictions.

If an expat establishes a business on mainland, they can acquire 49% of the company shares. A local sponsor must acquire the remaining 51%.