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Review about Sharjah Economic Development Department from yana lusi

Recommend
100 %
Authors Estimates
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yana lusi
yana lusi
Commercial registration
07.04.2021
Minimum time they take to the required documents.
None
The company is best at providing the licences, commercial registrations, inspection services and business control. Apart from that there are many functions the company is offering. Overall it was a good experience with them I applied for the commercial registration and within the least time they gave me the registration after that I always prefer them because they truly consider the customer. Highly recommended. 

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Sharjah Economic Development Department

Hours
Closed now
Mon
07:30 AM - 02:30 PM
Tue
07:30 AM - 02:30 PM
Wed
07:30 AM - 02:30 PM
Thu
07:30 AM - 02:30 PM
Fri
Closed
Sat
Closed
Sun
07:30 AM - 02:30 PM

Services:
Government services; Service Language: English, Arabic.

Description:

In April of 1981, His Highness Dr. Sheikh Sultan Bin Mohammed Al-Qasimi, member of the Supreme Council, Ruler of the Emirate of Sharjah, issued the Amiri Decree No.18 establishing "The Economic Department", and thus founded the first local economic department in the history of the United Arab Emirates. This Department was to take over the local authority for the application of federal laws related to economic affairs, as well as the application of local decrees and orders related to the economy of the Emirate. According to the decree mentioned above;the Department was established and included the following sections:

  • Commercial Registration Section
  • Companies Section
  • Planning, Research and Statistics Section

In 1997, His Highness Dr. Sheikh Sultan Bin Mohammed Al-Qasimi member of the Supreme Council, Ruler of the Emirate of Sharjah, issued an Amiri Decree for establishing the Industrial Development Department.

In 1999, His Highness Dr. Sheikh Sultan Bin Mohammed Al-Qasimi member of the Supreme Council, Ruler of the Emirate of Sharjah, issued the Amiri Decree No. 5 for the establishment of the Economic Development Department. In accordance with the decree, the Economic Development Department and the Industrial Department were merged in the new department "Economic Development Department" which takes over the planning and implementation of economic development projects, as well as the preparation of laws and regulations, strategic plans and issuance of commercial, industrial and service licenses in addition to all the permits needed for those licenses and control over all the economic firms in the Emirate of Sharjah.

In 2002, His Highness Dr. Sheikh Sultan Bin Mohammed Al-Qasimi member of the Supreme Council, Ruler of the Emirate of Sharjah, allowed the promulgation of Law No.1 to organize the Economic Development department, which includes the goals and functions of the Department.

Functions of the Department

Preparing and implementing the economic plans in the Emirate.
Conducting researches and modernizing investing systems for the proper use of the resources in the Emirate. Facilitating investment.
Representing the Ministry of Economy as a competent authority in the application of federal economic laws.
Issuing licenses for the practice of economic activities and controlling the application of economic performance and bettering investment climate as well as making recommendations on federal laws. Collecting and analyzing statistics and conducting economic studies.

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