Since 2014, the focus of all the emirates in UAE is changing their priorities from oil-based economy to knowledge-based economy. For this purpose, all these emirates are taking different types of steps to increase business activities and promoting other industries in their respective areas. An important way to reach this goal is by constructing new free zones.
A good example is the Sharjah Publishing City Free Zone (SPC FZ). This specific free zone is one of the best places for printing and publishing companies. The emirate of Sharjah is famous for becoming a hub of small and medium enterprises. This is also true for SPC FZ. There are several such advantages available in this designated free zone that makes it an ideal location for all types of publishers and book lovers alike. For them, this place is not only one of the best in UAE but also in the whole world.
Sharjah Publishing City Free Zone is spread over an area of 400,000 sq. m where there is lot of space for offices and storage area. Offices are available from 22 sq. m to 60 sq. m while the area available for storage space is between 103 sq. m to 340 sq. m. The fee of these warehouses (combination of office and storage space) is according to their size.
There are several reasons that make SPC Free Zone as one of the best of its kind in the region and across the globe. Following are main benefits provided to companies that setup their business in this designated free zone.
- According to the policy of emirate of Sharjah, SPC is providing low of cost facility for setting up business. Entrepreneurs can setup their business here from just AED 1,350
- Cost of living, printing and manpower supply are also available at low cost
- Due to quick and efficient operation, trading license can be attained in just 24 hours while legal requirements for setting up a business in SPC are also simple
- Companies can employee expatriates according to their choice and there is no compulsion to take services of local persons for this purpose
- Exemption from income and import-export tax
- 100% foreign ownership and repatriation of income and profits
All these benefits clearly reveal that SPC is one of the best places for publishing and printing companies. These companies can make their business setup process simple and quick by contacting Riz & Mona Consultancy. We have successfully established lots of business in SPS FZ along with several other free zones in Sharjah and other emirates of UAE.