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The Sharjah Publishing City Free Zone is an innovative initiative by the Sharjah Government in the United Arab Emirates to promote the publishing and printing industry in the region. Established in 2017, it offers a platform for international and local publishers, authors, and distributors to set up their businesses in a tax-free environment and benefit from various incentives and facilities provided by the free zone.

Benefits of Setting up Business in Sharjah Publishing City Free Zone

1. Tax-Free Environment

The Sharjah Publishing City Free Zone offers a tax-free environment for businesses, which means businesses are exempt from paying corporate tax, personal income tax, and import and export duties. This results in significant cost savings for businesses, which can be channeled toward business growth and expansion.

2. 100% Foreign Ownership

The free zone provides 100% foreign ownership, meaning foreign investors can fully own businesses without needing a local partner. This allows for greater control and flexibility in business operations and eliminates the need for a local sponsor, which can be costly and time-consuming.

3. Range of Facilities and Services

The free zone offers a range of facilities and services to support business operations, such as office space, warehousing and storage, logistics and distribution, and IT services. This makes it easier for businesses to set up and operate in the region, reducing the administrative burden and allowing businesses to focus on their core operations.

4. Easy Access to Markets

The Sharjah Publishing City Free Zone is strategically located in the heart of the Middle East, providing easy access to key markets in the region and beyond. This makes it an ideal location for businesses looking to expand their reach and tap into new markets.

5. Supportive Business Environment

The Sharjah Government has created a supportive business environment for entrepreneurs and businesses looking to establish themselves in the region. The government has invested heavily in infrastructure, education, and healthcare, creating a high standard of living and quality of life for residents. 

Publishing Industry in Sharjah

The publishing industry in Sharjah has been growing steadily in recent years, focusing on promoting Arabic literature and culture. The Sharjah Book Authority, which oversees the Sharjah International Book Fair, has been instrumental in promoting the region’s publishing industry, focusing on increasing the visibility of Arabic literature on the global stage. The Sharjah Publishing City Free Zone is an important part of this strategy. It provides a platform for local and international publishers to set up their operations in the region and benefit from the various incentives and facilities provided by the free zone. 

Conclusion

The Sharjah Publishing City Free Zone is an innovative initiative by the Sharjah Government to promote the publishing and printing industry in the region. The free zone offers a range of benefits for businesses looking to establish themselves in the region, including a tax-free environment, 100% foreign ownership, and a range of facilities and services to support business operations. The publishing industry in Sharjah has been growing steadily in recent years, focusing on promoting Arabic literature and culture. With a supportive business environment and a focus on innovation and entrepreneurship, the future looks bright for the Sharjah Publishing City Free Zone and the publishing industry in the region.

At Startup Zone, our main goal is to assist entrepreneurs and small businesses in achieving success in the United Arab Emirates (UAE). Our team comprises experienced professionals with in-depth knowledge of the local market and a profound comprehension of the challenges and opportunities businesses encounter in the UAE, particularly in Dubai’s free zone business setup. Get it now!