Sharjah, in the past few years, has been continually trying to make a business-friendly environment for its entrepreneurs, a reason why one should set up a business in Sharjah. The government of Sharjah has been friendly towards entrepreneurs, forming several policies that attract foreign investment, emulating the success of Dubai. Company set up in Sharjah free zone is a hassle-free task. As is already known, Sharjah has 5 free zones. The USA Regional Trade Center a popular one amongst them. The USA Regional Trade Center (USARTC) was established in the year 2011 as a part of Sharjah’s objective to promote Sharjah as a hub for international business and turn it into an investment-driven economy.
The USARTC offers Small and Middle-Sized Enterprises (SMEs) the opportunity to grow commercially and expand their trade in the Middle East and North Africa (MENA) region. It helps SMEs by assisting them in exploring and entering the market, including establishing a presence in the UAE and other regions.
Services Provided by the USA Regional Trade Center
- Business consultancy
- Conference hosting
- Import and export
- Business setup
- Business expansion
Benefits of Setting Up a Business in the USA Regional Trade Center
- Zero corporate tax
- Zero import and export tax
- Zero personal tax
- No currency restrictions
- Full foreign company ownership
- Support for US businesses and economic expansion
- Flexible and customizable services for client needs
- Low barriers to MENA market entrance
- Creation of immediate presence in the region
Facilities Provided by the USA Regional Trade Center
There are different types of offices provided by USARTC, like:
1. Serviced Offices
These are available at the prestigious USARTC premises to help clients create a regional presence. The executive offices come in sizes from 180 sq ft to 480 sq ft. They are fully furnished or unfurnished, depending on the client’s needs. They have rental packages in which the following things are included:
- Dedicated phone line
- High internet speed
- Business mailing address
- Conference rooms
- Reception area
- 24/7 security
- Secretarial services
- Copy center
2. Virtual Offices
These are offered to clients who do not need any physical office. It depends on the type of activities performed by a company. The benefit of such an office is that one can manage their offices from abroad. The package includes:
- Dedicated call answering
- Call forwarding
- Email, fax, a collection of mail, business address etc.
3. Meeting and Conference Rooms
Meeting and conference rooms equipped with flat screens, high internet speed, whiteboards, overhead projectors and video-conference equipment for clients to conduct meetings, training, presentations, and seminars.
4. Exhibition Facilities
Exhibition facilities with 12,000 sq. ft. of premium space so that US companies can have a platform to promote their product to potential clients in the MENA region.
Why Set Up a Company in the USA Regional Trade Center
As mentioned earlier, the USARTC provides support to SMEs in a wide range of industry sectors like aviation, IT, freight and logistics, jewelry, pharmaceuticals, cosmetics, food & beverage, etc. If an individual wants to set up a business in USARTC, they offer the client a one-stop shop for simple, fast and effective setup of new businesses. They have a designated team to provide professional advice, expertise, and services to its clients. Its proximity to key areas of operations provides 24-hour logistics services and gives it an access to world-class facilities. Other than this, there are many more reasons why one should set up a company in the USARTC.
1. Trade Mission and Trade Delegates
There are international opportunities, such as trade missions and trade delegations, provided to USARTC clients. Such platforms are helpful in exploring potential markets, conducting market research, appointing new distributors and/or strengthening existing distributors.
2. Meeting the Regional Experts
For an expat, it can be difficult to start a business in a foreign land, therefore USARTC provides them with regional experts for professional business advice covering aspects of starting and running a business in the region, including legal advice, sponsorship, and agency services.
3. Distribution Network
The USARTC has built an extensive network for distribution within the UAE and 15 other countries that make up the Middle East and North Africa region.
Considering all the facilities and benefits provided by the USARTC, it is advantageous for any entrepreneur/investor to set up a company in the free zone in Sharjah. USARTC has taken a giant leap to become the regional hub for international business transactions. Whether you want to explore the market, enter, or establish a presence in the MENA region, the USARTC delivers the best opportunities for your business or service with options covering all the needed services. If you are thinking of starting a business in this free zone, we at Commitbiz have our team of experts to help you with company formation, registration, and counseling. For any business-related queries or help, do contact us, even if it’s just for a friendly advice.