Company Formation in SAIF ZONE – Sharjah Airport International Free Zone - Sharjah

Sharjah Airport International Free Zone (SAIF Zone) is the most dynamic free zone in the United Arab Emirates (UAE). It was established in 1996 and is located next to Sharjah International Airport. SAIF Zone’s proximity to Dubai International Airport (20 minute drive) makes SAIF Zone the ideal destination for investors wishing to set up company in free zone in UAE. It is easily accessible to seaports on the Gulf of Oman (Port Khor Fakkan) and the Arabian Gulf (Port Khalid).

Saif Zone Company Incorporation

SAIF Zone (Sharjah Airport International Free Zone) provides some of the most enticing business incentives in the region, including speed of service and simplicity of process. SAIF ZONE has a 24 hour licensing service which enables businesses to be up and running sooner than has ever been possible before. From a single office space to entire manufacturing facilities and everything in between, the SAIF Zone options are designed to accommodate every business and every scenario. Warehouses, storage areas, container parking, bunkers and labour housing are all available at the lowest costs and highest quality.

 

 Sharjah Airport International Free Zone (SAIF Zone) is an ideal place to register the company in Sharjah, UAE, for all type of businesses, which require fast, efficient and a trouble-free working environment. Sharjah Airport International Free Zone (SAIF Zone) is an ideal place to register the company in Sharjah, UAE, for all type of businesses, which require fast, efficient and a trouble-free working environment.

Major Benefits of Company Formation in SAIF Zone (Sharjah Airport International Free Zone):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • A regulated licensing environment offering a full range of business activities,
  • Strategic location,
  • Flexible Solutions,
  • One Stop Shop.

Characteristics of SAIF Zone Company Setup:

Location:

Sharjah Airport International Free Zone (SAIF Zone), Sharjah, (U.A.E.)

Proposed activity:

Trading/Service/Industrial activities can be carried out in SAIF Free Zone

License available:

Commercial trading/General trading, Service & Industrial license are available options for SAIF Free Zone Company Setup

Types of entities:

FZE (Free Zone Establishment – single shareholder), FZC (Free Zone Company – multi shareholders) and Branch

Shareholder:

Shareholder for Sharjah Airport International Free Zone (SAIF Zone) Company Can be Individuals or Corporate entity (maximum 5)

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 150,000/- (150 shares of AED 1,000/- each) for SAIF Zone Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Annual audit report to be filed in SAIF Zone (licensing authority)

Estimated time:

2 to 3 working days to obtain trade license of the company and register a company in SAIF Zone (Sharjah Airport International Free Zone)
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

SAIF Zone (Sharjah Airport International Free Zone) Company Setup Process:

  • Identify the legal form of company to be registered in SAIF Zone,
  • Select activity from SAIF Zone activity list,
  • Apply for name and initial approval,
  • Payment of fees related to SAIF Zone business set up,
  • Sign SAIF Zone company registration and incorporation documents,
  • Apply for SAIF Zone residence visa.

Documents Required for SAIF Zone Company Registration:

The documents required for business set up in SAIF Zone (Sharjah Airport International Free Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • Utility bill copy,
  • CV/Resume,
  • NOC from existing sponsor,

To know more about the complete requirements for company formation in SAIF Zone/Sharjah Airport International Free Zone call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in SAIF Zone:

SAIF Zone Company Setup begins from AED 18,500/-

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in SAIF Zone.

Other Notes for SAIF ZONE – Sharjah Airport International Free Zone Company Formation:

  • Document to be legalized with UAE Embassy in case of corporate shareholder
  • Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  • Company Immigration/Establishment card to be renewed every two or three years
  • Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in SAIF Zone. Our company acts as a one stop solution for SAIF Zone company incorporation services.

Our associate firm (KOTHARI AUDITORS & ACCOUNTANTS) is located at Sharjah Airport International Free Zone. Our company is one of the authorized consultants of SAIF Zone and we could set up your company within two days with the minimum requirements and cheapest cost.

If you are looking for SAIF Zone company setup, please get in touch with us for professional assistance

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in SAIF Zone (Sharjah Airport International Free Zone).

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.