Sharjah Airport International Free Zone, also known as SAIF Zone, is one of the leading business hubs in the United Arab Emirates (UAE). The free zone was established in 1995 to contribute to the UAE economy by providing a flourishing habitat for a wide range of businesses to grow.
By setting up your business in the freezone, you can join a thriving community of more than 8000 businesses and benefit from government policies in a rapidly expanding jurisdiction. Read on to understand the details of the Sharjah Airport International freezone.
Benefits of Company Formation in SAIF
There are certain benefits of setting up your business in the Sharjah Airport International free zone. Learn how it can be advantageous to you as an entrepreneur-
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Access to Facilities
Office spaces such as the SAIF suite, SAIF executive office and SAIF office, assembled warehouses, staff quarters, land for rent, and short-term warehouses are some facilities that you can access for setting a company in the zone.
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Easy business setup
The company setup process involves a few steps and can be completed at nominal rates. Speak with business experts from Commitbiz LLC to learn about the process, and avail appealing packages.
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Availing of licenses and visas
The freezone offers a range of business licenses to cater to various entrepreneurial needs. Whether you're in consulting, manufacturing, or trading, there is a license for you. Businesses set up here can sponsor visas for all shareholders and their employees.
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Pro-business policies
SAIF Zone's pro-business policies are designed to foster growth and attract entrepreneurs. These policies include complete repatriation of profits, full ownership, tax incentives, and fund transfers without any charges.
Licenses Issued by Sharjah Airport International Free Zone Authority
It is important to select the right license based on your business activity. The officials offer the following licenses -
- Service License - This license is issued to those who want to offer specific services such as consulting, legal services, accounting and more.
- Industrial License -Availing the license allows the holder to produce and manufacture raw materials and goods.
- Trade License - Securing a trade license in Sharjah permits you to engage in import, export, storage and distribution of specific goods.
- General Trading License -It enables you to conduct trading activities for a wide range of products.
Documents Required for Business Setup in Sharjah Airport Free Zone
Submit the following documents to the relevant authorities to successfully complete the company registration process.
- Passport-size photo of shareholders
- Passport copies of shareholders
- Copy of Emirates ID
- Address proof
How to Start your Business in the Sharjah Airport International Free Zone?
Let us go through the step-by-step process to understand how to establish your company in this thriving freezone.
- Choose a business structure for your company. SAIF authority allows you to choose among Free Zone Company (FZCO), Free Zone Establishment (FZE) or branch office of a local or foreign company.
- Decide on the business activities you want to conduct in the freezone.
- Select the appropriate license based on your business activity.
- Submit the application and necessary documents to the Sharjah Airport International Free Zone Authority.
- Pay the requisite fees.
SAIF free zone presents a compelling opportunity for entrepreneurs like you to establish your business in the UAE. The combination of strategic location, business-friendly policies and one of a kind facilities make this the perfect jurisdiction.
Seek the assistance of business consultants from Commitbiz to guide you through the Sharjah free zone company formation process. Our experts come with plenty of experience, as we have been in this business for 16+ years. We will ensure that you have a smooth and hassle-free incorporation process. Get in touch with us now!
What company related documents will I receive post incorporation?
You will receive the certificate of incorporation, lease agreement, trade license, share certificate, memorandum and articles of association upon successful company registration in the SAIF free zone.
What is the cost of a company formation in SAIF?
The cost depends on several factors, such as the type of license availed, registration and government fees.
What activities can I conduct in the SAIF freezone?
The Sharjah Airport International Free Zone authority permits a wide range of activities in the jurisdiction. Some of them include IT and technology, healthcare, manufacturing services among others.