Monday 30 September 2024

TIME TO FLY HIGH TO OUR NEXT DESTIONATION - U.S.A - NEW OFFICE ANNOUNCEMENT

 

United States of America - Talreja & Talreja 

𝐈𝐭𝐬 𝐚𝐥𝐥 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐨𝐟 𝐖𝐞 (𝗪𝗲 & 𝗢𝘂𝗿 𝗧𝗲𝗮𝗺, 𝗮𝗻𝗱 𝗼𝗳𝗰𝗼𝘂𝗿𝘀𝗲 𝗼𝘂𝗿 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀), 𝗧𝗮𝗹𝗿𝗲𝗷𝗮 & 𝗧𝗮𝗹𝗿𝗲𝗷𝗮 𝗶𝘀 𝐡𝐚𝐩𝐩𝐲 𝐭𝐨 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐚𝐫𝐞 𝐭𝐚𝐤𝐢𝐧𝐠 𝐨𝐮𝐫 𝐞𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐥𝐲 𝐭𝐨 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐇𝐨𝐫𝐢𝐳𝐨𝐧 - 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 𝐨𝐟 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 (𝐔.𝐒.𝐀). We are Officially announcing our U.S.A office opening today on 1st October, 2024.


𝐖𝐞 𝐚𝐫𝐞 𝐧𝐨𝐰 𝐚𝐧 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐝 𝐓𝐞𝐚𝐦 𝐨𝐟 𝐋𝐢𝐜𝐞𝐧𝐬𝐞𝐝 𝐂𝐏𝐀 (𝐔𝐒𝐀), 𝐄𝐀 (𝐔𝐒𝐀) & 𝐂𝐀 (𝗗𝗨𝗕𝗔𝗜 & 𝐈𝐍𝐃𝐈𝐀), moving towards the western country to provide services related to 

𝐀𝐮𝐝𝐢𝐭𝐢𝐧𝐠 & 𝐀𝐬𝐬𝐮𝐫𝐚𝐧𝐜𝐞 | 𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧 | 𝐁𝐨𝐨𝐤 𝐤𝐞𝐞𝐩𝐢𝐧𝐠 | 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐒𝐞𝐭 𝐮𝐩𝐬


Eventhough, we had started working on some of the US Clients couple of months ago, we thought its better to announce it officially post september.


Also one of the second important reasons being - 

We had to give Reminders for the Tax Returns Last date for USA Customers 😅😅, which was possible only after we announce our USA Entity officially.


𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗡𝗼𝘁𝗲: 𝟏𝟓𝐭𝐡 𝐎𝐜𝐭𝐨𝐛𝐞𝐫, 𝟐𝟎𝟐𝟒 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝐝𝐚𝐭𝐞 𝐟𝐨𝐫 𝐓𝐚𝐱 𝐑𝐞𝐭𝐮𝐫𝐧𝐬 𝐟𝐢𝐥𝐢𝐧𝐠 𝐟𝐨𝐫 𝐓𝐚𝐱 𝐘𝐞𝐚𝐫 𝟐𝟎𝟐𝟑 𝐢𝐧 𝐔.𝐒.𝐀 𝐟𝐨𝐫 𝐂 𝐂𝐨𝐫𝐩𝐬 𝐚𝐧𝐝 𝐈𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬. 𝐀𝐧𝐲𝐨𝐧𝐞, 𝐰𝐡𝐨 𝐢𝐬 𝐥𝐢𝐚𝐛𝐥𝐞 𝐭𝐨 𝐟𝐢𝐥𝐞 𝐭𝐚𝐱 𝐫𝐞𝐭𝐮𝐫𝐧𝐬 𝐚𝐧𝐝 𝐡𝐚𝐯𝐞 𝐧𝐨𝐭 𝐟𝐢𝐥𝐞𝐝 𝐲𝐞𝐭, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐜𝐨𝐧𝐧𝐞𝐜𝐭 𝐮𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞.

Regards
CA Kapil Talreja



Sunday 29 September 2024

How to Open a Grocery Store or SuperMarket in Sharjah, U.A.E?

SuperMarket in Sharjah U.A.E

Opening a grocery store in Sharjah is a great business opportunity! With its growing population and lower setup costs compared to other cities like Dubai or Abu Dhabi, Sharjah offers many benefits for business owners. It's also located near important Gulf ports, making it easy to bring in special groceries from places like Asia and Africa.

If you're thinking of starting a grocery store here, you will need the right licenses and documents to get started. Let’s walk through the simple steps to help you understand how you can open your grocery store in Sharjah!

Why Start a Grocery Store in Sharjah?

  1. Large and Growing Population
    Sharjah has the third-largest population in the UAE, which means there are plenty of customers to serve, making grocery demand steady.

  2. Affordable Business Setup
    Setting up a business in Sharjah is cheaper compared to other cities like Dubai, but you still enjoy similar business benefits!

  3. Great Location for Trading
    Sharjah is close to Gulf ports, so it’s easy to bring in goods from different countries, adding variety to your grocery store.

  4. Stable and Safe Business Environment
    Sharjah offers a stable economy and strong infrastructure, which means your business can grow for the long term.

What Type of Business License Do You Need?

To open a grocery store in Sharjah, you need a Commercial License. This license allows you to legally sell goods, import, export, and trade items in your store.

Types of Companies in Sharjah

When starting a business, you also need to choose the right type of company. Here are some options:

  • Limited Liability Company (LLC): Perfect if you have 2 to 50 partners. Each partner’s responsibility is limited to their share in the business.
  • Sole Proprietorship: If you are the only owner, you can set up as a sole proprietor, but you'll need to work with a local service agent.

Steps to Open a Grocery Store in Sharjah

  1. Pick Your Business Activity
    Decide on the type of groceries you’ll sell, like fruits, vegetables, or imported goods.

  2. Choose Your Legal Structure
    Decide if you want to open the business alone or with partners. If with partners, an LLC might be best.

  3. Pick a Name for Your Store
    You need to choose a unique name for your grocery store, and it must follow the UAE's business name rules.

  4. Get Approval from SEDD
    Submit your business plan to the Sharjah Economic Development Department (SEDD) for initial approval.

  5. Apply for Your Grocery License
    Once you have the initial approval, you can apply for a grocery store license.

  6. Find a Location and Sign a Lease
    Pick a spot for your grocery store that follows Sharjah’s rules. Sign a lease for that location.

  7. Pay for Your License
    Pay the required fees to get your official trade license.

  8. Start Your Business!
    Once you have your license, you are ready to open your grocery store and begin serving customers!

What Documents Will You Need?

To open your grocery store, you’ll need the following:

  • Business plan
  • Lease agreement
  • Passport copies of all owners
  • Memorandum of Agreement (MoA)
  • Articles of Association (AoA)
  • Power of Attorney
  • Bank reference letters

New Rules for Grocery Stores in Sharjah

Sharjah has new rules to ensure grocery stores are clean, organized, and safe for customers. For example:

  • The store must be at least 30 square meters in size.
  • Shelves must not be too cluttered.
  • There must be a CCTV system and proper staff uniforms.

Grocery License Cost in Sharjah

Starting a grocery store in Sharjah costs around AED 10,000, but this can vary depending on your store's size and location.

How Can Talreja & Talreja LLC Help?

At Talreja & Talreja LLC, we make the process easy for you. Whether it’s getting your business license, setting up your company, or handling audits and taxes, we are here to help you every step of the way.

You can contact us for expert advice on starting your business, whether it’s in Sharjah, Abu Dhabi, Dubai, or Ras-Al-Khaimah. We’ll help you navigate all the rules and regulations so you can focus on running your grocery store.

Get in touch today:
WhatsApp: +971 50 475 7239
Email: info@talrejaandtalreja.com


Frequently Asked Questions (FAQs)

1. What type of license is needed to open a grocery store in Sharjah?
You need a Commercial License to open a grocery store in Sharjah.

2. What is the cost of a grocery license in Sharjah?
The cost to start a grocery store in Sharjah can start from AED 10,000, depending on the store size and location.

3. Can foreigners own 100% of the grocery store in Sharjah?
Yes, foreigners can own 100% of the grocery store if they set it up under a Limited Liability Company (LLC).

4. How long does it take to get a grocery license in Sharjah?
The process usually takes a few weeks, depending on how fast you complete all the steps like document submission and approval.

For more detailed assistance, don’t hesitate to reach out to Talreja & Talreja LLC!

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