Business Councils in Sharjah Chamber of Commerce & Industry
Sharjah Chamber of Commerce and Industry’s main objective is to serve its members of companies, institutions, and business owners by offering a wide range of services that achieve its strategic objectives.
In the field of international relations, Sharjah Chamber offers a variety of services designed to assist local companies to enter international markets by supporting them to develop their trade relations.
Sharjah Chamber of Commerce and Industry recognizes that business councils play a key role in economy, and the Chamber’s International Relations Department has focused on business councils and the Common Committees and it has provided them with the best services and has issued laws and regulations for establishing business councils for mutual benefit and sustainable economic development.
Business Council:
The Business Councils comprise a group of individuals who own businesses and represent professional companies and institutions from their home countries and represent different business sectors in the United Arab Emirates.
Business councils are voluntary associations with a legal personality and financial and administrative independence, are not-for-profit or personal gain, free of governmental or political associations and operating through collective action to serve and promote economic and trade cooperation between the two sides.
Business Councils Goals:
Business councils will work through the primary regulations set by Sharjah Chamber to achieve the following goals:
- Working to enhance mutual cooperation and increase trade and investment between Sharjah and their home countries.
- Informing the business community about the available opportunities on both sides and building sustainable cooperation to serve mutual interests.
- Serving members on both sides.
- Helping achieve the Chamber's goals in all fields that serve both sides.
- Developing relations between business owners on both sides.
Requirements to establish Business Councils:
Initially Business Councils' founding committees present the Chamber with a request to form a business council with a list of no less than twenty (20) founding business owners representing professional companies and institutions working in the UAE who are duly authorized to conduct commercial business and provide the following documents:.
- A copy of a valid trade license for each investor.
- A copy of Sharjah Chamber’s membership certificate for each investor
- A Passport copy for each investor and the residency page
- Emirates Resident ID copy for each investor
- The request form should contain the proposed name of the business council.
- No-objection letter by the competent authority from the investor’s home country
- A copy of the proposed business council’s primary organization.
- A detailed work plan for the council and the expected benefits to gained from the council and its contribution to Sharjah emirate, provided that a business council represents their home country and not a province or a state.
Business Council Renewal Requirements
- A list of the business council’s founding companies and members with their full contact information.
- A copy of valid commercial licenses of the founding business council members and a copy of Sharjah Chamber membership.
- A copy of the minutes of the last business council general assembly meeting.
- Activities assessment of the business council from last year of expired term.
- A copy of the business council’s financial report from last year as ended.
- Copies of the business council’s representative members' passports with a valid residence permit in the UAE.
- Copies of the business council’s representative members’ Emirates Resident ID cards.
Permit & Renewal fees:
Free of charge
Advantages:
- Priority to participate in delegations, conferences, seminars and any event organized by Sharjah Chamber in the UAE or abroad.
- Promoting the business councils’ events and activities among Sharjah Chamber members and strategic partners.
- Publishing business councils’ data and activities through Sharjah Chamber’s Al Tijarah magazine among government departments, diplomatic missions and strategic partners in UAE and abroad.
- Embedding business councils’ websites at Sharjah Chamber’s website
- Members will be invited to attend meetings that take place with representatives of diplomatic missions' counterpart countries and senior government officials.
Business Conuncils in Sharjah
For more information please contact:
Tel: +97165938707/ +97165938570
Email: hind@sharjah.gov.ae/ hiba@sharjah.gov.ae