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This company can engage in the manufacture of wearing apparel, except fur apparel. The activity can also include manufacturing work wear, outerwear made of woven, knitted, or crocheted fabric for men, women, and children, such as coats, suits, and jackets, manufacturing underwear and nightwear like shirts, T-shirts, and pyjamas, manufacturing babies' garments and swimwear, manufacturing hats and caps, manufacturing other clothing accessories like gloves and belts, custom tailoring, and manufacturing headgear of fur skins and footwear of textile material without soles applied.
The following group of business activity has been selected for the SPCFZ company setup:
Manufacture of Wearing Apparel, Except Fur Apparel (Group 141):
The company can engage in up to five business activities under one license without additional fees.
No additional approvals are required to register a company conducting this business activity.
The minimum share capital required for SPC company is AED 50,000. Its contribution is optional. If the share capital exceeds 5,000,000.00 AED, its contribution becomes mandatory.
Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.
When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.
Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.
SPCFZ (Sharjah Publishing City Free Zone) is a free economic zone (free zone) established in 2017 in the Emirate of Sharjah, UAE. It is the world’s first free zone fully dedicated to the publishing industry.
SPCFZ offers a unique ecosystem for publishers, writers, and creative professionals, providing ideal conditions for the implementation of cultural and creative projects. With advanced technologies and infrastructure, the free zone attracts talent and companies looking to develop projects in the fields of culture, media, and the arts. Companies registered in SPCFZ are permitted to conduct business within the free zone and beyond the UAE.
SPCFZ issues the following types of business licenses:
With a simplified registration process, flexible business conditions, and reduced operating costs, SPCFZ enables entrepreneurs to successfully enter both local and international markets, while effectively expanding their operations.
The SPCFZ company registration provides various benefits and opportunities for entrepreneurs:
Various rental property options are available within SPC, provided upon preliminary request depending on availability:
Office Solutions:
Business Properties:
The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:
SPCFZ offers the following main types of UAE resident visas for foreign investors and company employees:
With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with SPC representatives, and assist in coordination
Receive expert guidance from an authorized consultant who will manage the entire process of obtaining SPC services
An elite consultant will oversee the process of obtaining SPC services, ensuring a seamless experience