“Sharjah Economy” launches the “immediate license” service

The Sharjah Economic Development Department launched the “immediate license” service that enables investors and entrepreneurs to issue the commercial license immediately, without the need to attach a founding contract or a signed rental contract in the first year, as part of its endeavor to encourage investment and attract investors.

The “Sharjah Economy” created the immediate license to enable the investor to practice his activity immediately, with the aim of accelerating and reducing procedures, shortening the customer’s journey, and increasing economic growth rates in the emirate.

The department begins the issuance of the “immediate license” within one working day, which improves the investment environment in Sharjah, and limits some investors to practice economic activities without licensing.

The “Instant License” service includes all office activities that do not require the approvals of other parties, while allowing three employees on the license, as it is a type of license granted without the need for procedures and requirements required from regular licenses, in order to help investors in their business in the first year, and then fulfill the conditions for licensing in the second year.

The “immediate license” targets new investors and economic establishments wishing to expand specific types of activities, and contributes to increasing the competitiveness of the Emirate of Sharjah.

The “Sharjah Economy”, through the “Instant License”, seeks to enable companies to fully benefit from the competitive advantages offered by the Emirate of Sharjah, and stimulate the business environment.

The head of the Department of Economic Development in Sharjah, Hamad Ali Abdullah Al -Mahmoud, stressed that the department – thanks to the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and the follow -up of His Highness Sheikh Sultan bin Muhammad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Executive Council – was keen to develop a legislative and organizational environment to enhance business growth, and support its continuity and sustainability, according to best global practices, which enhances the growth of the economy of the emirate Sharjah, and supports its competitiveness regionally and globally.

He said that the “immediate license” service comes within the framework of the “Sharjah Economic” strategy aimed at supporting the process of economic diversification and sustainable growth in the emirate, and its contribution to supporting investors, through the ease and speed of the process of establishing their business, which reflects the emirate’s commitment to the continuous development of the business system, and the establishment of the emirate’s position as a global investment center.