The Sharjah Investors Services Centre (Saeed) recently signed a Memorandum of Understanding (MoU) with the Federal Authority for Identity and Citizenship (ICA). The agreement allows to deliver a full range of government services to local and foreign investors, including visa, residency, sponsorship, permit and fine exemption request services, among others.

The MoU was signed by Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, operating under the Sharjah Investment and Development Authority (Shurooq); and Colonel Abdullah Saleh Al Naqbi, Deputy Director of the Entry and Residence Permits Department at the General Directorate of Residence and Foreigners Affairs in Sharjah at the Federal Authority for Identity and Citizenship, in the presence of a host of Saeed and ICA representatives.

Mohammed Juma Al Musharrkh stated that “Saeed’s promise of handing out business licences within 60 minutes at their one-window service is being made possible through the partnerships we continue to forge with various government departments. Through this agreement, Saeed furthers its objective to deliver quality government administrative services to businesses looking to set up in Sharjah.”

For his part, Colonel Abdullah Saleh, said: “The ICA seeks to boost opportunities for entities such as Saeed to attract investors by providing them with the support that ensures an efficient turnaround of their administrative applications in a process-driven environment that offers 100 percent ease of doing business.”

This is the second MoU Invest in Sharjah has signed to introduce more services to Saeed after the first one that the entity signed with Sharjah Media City (Shams) during the fifth edition of the Sharjah FDI Forum this November. This agreement has enabled Saeed to issue a license for the free zone, without investors having to go to Shams to do it.

The Sharjah Investors Services Centre (Saeed) forms part of Sharjah Investment and Development Authority (Shurooq)’s portfolio of affiliates and initiatives. It operates under Shurooq’s umbrella in a strategic partnership with the Injazat Services Group and in cooperation with the Sharjah FDI Office (Invest in Sharjah).