Business Setup in Sharjah Airport International Freezone (SAIF)
Easy Business Setup in SAIF Freezone with the Best Business Consultants in UAE.
ABOUT
What is
Sharjah Airport International Freezone?
The Sharjah Airport International Free Zone, commonly known as SAIF, is one of the most important industrial free zones that hosts various types of businesses in the UAE. It was founded in 1995 and thanks to its strategic location, easy accessibility and proximity to international markets has experience a significant growth.
By incorporating a company in SAIF you can receive outstanding benefits and take advantage of its innovative infrastructure to perform your business activities. In addition, you can make important connections with markets in Africa and the Middle East to boost your results.
PROCESS
How to set up your business in SAIF?
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DOCUMENTS
Documents for business setup in SAIF
- Your application form and letter of Intent.
- Passport copies of each shareholder.
- Copies of shareholders’ passports.
- Original bank reference letter for each shareholder.
- Investment service agreement.
- A NOC (No Objection Certificate) letter by the current sponsor for the manager.
Sharjah Airport International Freezone?
Business Licenses for Business Setup in SAIF.
General Trading License
This license allows you to perform the same activities as the trade license. However, it allows you to trade a wider range of goods and products.
Service License
This one is a tailor-made license for companies that offer services instead of products, like those companies that provide IT services.
Industrial License
With this other license, you can perform industrial activities, such as manufacturing, packaging, assembling, and more.
E-commerce License
If you carry out your business activities online, this is the license that you need.
BENEFITS
Benefits of doing business in SAIF.
- 100% ownership of your business
- Multiple tax incentives, which include full exemption from corporate and income taxes.
- You can get multiple visas without having a physical office space
- Full repatriation of capital and profits
- No minimum share capital is needed to establish a company
- No personal or corporate income taxes
- You can sponsor your dependents easily
- No currency restrictions
- Easy to trade with companies in the UAE and the rest of the world
Allowed types of companies in SAIF.
There are several options for incorporating a business since you have various types of legal structures available. You can choose the best option for you that suits your requirements depending on the business activity & amount of shareholders, a determinate type of entity can be best for you.
Free Zone Establishment (FZE)
An individual or a corporate can establish a Limited Liability Establishment in SAIF.
Free Zone Company (FZC)
FZC is a Limited Liability Company that has more than 1 shareholders and up to 50 as maximum.
Branch of a Local Company
Companies registered in the UAE, whether in Mainland or in another Free Zone can establish a branch in SAIF.
Branch of a Foreign Company
An international company, which has been incorporated outside the UAE, can establish a branch in SAIF to carry out its operations.
In SAIF, business can find the right facility to carry out their operations comfortably and smoothly. SAIF offers several options that can be key for business growth, and that can support day-to-day operations for businesses that want to set their home in this place. Some of the best facilities SAIF has to offer are the following:
- Suite offices
- Executive offices
- Standard offices
- Warehouses
- Plot of land
- Jewelry Park
- Container parking
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