Sharjah Economic Development with the joint participation of Sharjah Chamber of Commerce and Industry and Sharjah Municipality is the authority to issue a license to set up a project in the Emirate of Sharjah.
Investment in Sharjah is based on al legal and organizational frameworks of the distinct applications. Accordingly licenses are issued under the following legal and organizational frameworks:
a)
Licenses as per the Federal Framework discussed at the beginning of the booklet
b)
Licenses as per the Regional Framework and ministerial decision applicable to GCC citizens
c)
Licenses as per the administering of law and local orders issued by HH the Ruler of Sharjah
d)
Practicing professions and crafts by non-citizens according to the local order No. 1/1991.
As per this law, non-citizen of UAE can practice professions and crafts within the following bounds:
•
Sole Establishments, provided that the number of employees in the establishment does not exceed five.
•
Civil Companies organized by Federal Civil Transactions Law No.5/1985 Articles 683-690
This related to a company where two or more persons agree to undertake a work and guarantee such work, against an accepted wage. They may also jointly or severally distribute the work among them, ensuring harmony in operations. Both the sole establishment and the civil company should appoint a local service agent who will not be financially liable to them. These organizations name shall not be registered in the Commercial Register or the Ministry of Economy and Commerce.
However, as per article (9) of the local order the licensing authority should observe the federal law on granting licenses for certain categories of the professions and craft.
Practicing activities by non citizens according to the local order No.1/1992 (100% Foreign Ownership Establishments)