an hour ago The Sharjah Economic Development Department (SEDD) announced that, starting June 2021, it would be implementing the full foreign ownership policy, allowing investors of natural and legal persons to own 100 per cent of commercial and industrial companies and practice activities in the Emirate of Sharjah.
This decision includes no requirements such as a specific capital or any additional fees for foreign investors, while allowing branches of foreign companies to conduct their business in the Emirate without the need for an agent of a foreign company.
This came in accordance with the decision issued by the department regarding the activities available for foreign ownership, based on the federal and local laws and previous decisions in this regard, especially Federal Decree Law No. (26) of 2020 regarding the amendment of the provisions of Federal Law No. (2) of 2015 regarding the Commercial Companies Law by adding articles that allow foreigners to
Ajman clears 1,000+ economic activities for 100% foreign investment; Ahmed Al Nuaimi praises the decision of the Executive Council to open economic acti.
Sharjah Executive Council approves health authority’s service charges
Wam/Sharjah
Wam
The move aims to enhance the progress of business in the health sector and provide a stimulating environment through the best services.
The executive council of Sharjah has announced the approval of its Health Authority service charges.
The move aims to enhance the progress of business in the health sector and provide a stimulating environment through the best services, procedures and facilities, and promote all existing and future health facilities.
The council discussed several topics on its agenda in line with the vision and the development in the Emirate of Sharjah to serve its citizens and residents.
Availability of businesses via mobile vehicles in Sharjah
18 May 2021 Picture used for illustrative purpose. Sharjah Economic Development Department (SEDD) implemented the directives of Sharjah Executive Council regarding the regulation of conducting economic activities through mobile vehicles and trucks in the Emirate of Sharjah. Such thing falls within SEDD’s concerns to regulate and organise the economic sector in Sharjah at all levels through setting policies, standards, regulations, decisions and executive circulars in light of the high demand for such activities during the past period.
Sharjah Executive Council decision No. 11 of 2021 regarding the regulation of engaging in economic activities through mobile vehicles and trucks in Sharjah aimed at creating a mechanism for opening new channels for sales and service provision, and stimulating economic movement in Sharjah.