Business Entity Types in Sharjah

Limited Liability Company

For investors in Sharjah, Limited Liability Company is the most favourite type of business entity. The number of partners in this form of business cannot be greater than 50. The partner’s liability is restricted to the amount t of money they have invested in the business.

Partnership Company

This is a collaboration of two or more people. To the extent of their shares in the business, the partners are also liable to the company’s liabilities.

Local Service Agent

These are distinct individual companies, managed by a single individual. The local service person must be a UAE citizen if the owner is not from the UAE or the GCC.

Public/Private Shareholding Company

The total number of shares decide these business entities. The share capital of a Public Shareholding Company is split into equally valued tradeable shares. Three individuals are mandatory in the incorporation of a Private Shareholding Company. The public are restricted from subscribing the shares of this business type.

License Type

Professional License

A Professional license is provided to the individual entrepreneurs who provide professional services for their businesses. These actions and more are covered by a Professional license:
  • Consultancy services
  • Event Management
  • Investment services

Commercial License

This license is mandatory for companies engaged in trading which includes
  • Import, export, and trading
  • E-commerce

Industrial License

Industrial license is mandatory for those who wants to manufacture or perform any other industrial activity. This includes the following list.
  • Manufacturing
  • Processing
  • Packaging
  • Assembling
  • Fabrication

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