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This company can engage in the sale of motor vehicle parts and accessories, encompassing both wholesale and retail sales of all types of parts, components, supplies, tools, and accessories for motor vehicles, items such as rubber tires and inner tubes, spark plugs, batteries, lighting equipment, and electrical parts. The activity can also include to the trading of batteries for trucks, equipment, and machinery, trading of car accessories and additional parts, trading of vehicle numbers, as well as trading in auto spare parts and components including used auto spare parts and requisites.
The following group of business activity has been selected for the SPCFZ company setup:
Sale of motor vehicle parts and accessories (Group 453):
The company can engage in up to five business activities under one license without additional fees.
The following group of business activity has been selected for the SPCFZ company setup:
Sale of motor vehicle parts and accessories (Group 453):
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 are provided with the opportunity to open a corporate account in classic banks with physical branches, as well as in digital banks and in payment systems.
When choosing a bank to open a corporate account, factors such as the level of service, fees, available currencies, convenience of online banking, the reputation of the bank and other conditions that may be important for business should be taken into account.
Successful corporate bank account opening requires a well-prepared document package, which may vary depending on the specific requirements of a particular bank. Incorrectly or incompletely submitted documents may negatively affect the final decision of the bank in processing the application for opening a corporate bank account.
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