Sharjah Airport International Free Zone
The Sharjah Airport International Free Zone ( SAIF Zone ) was set up in 1995 with futuristic and technologically advanced infrastructure to attract investments to the Emirate of Sharjah. SAIF Zone is also one of the most cost-effective registration options for start-up businesses in the United Arab Emirates.
Sharjah Airport International Free Zone Main Benefits
- 100% ownership.
- 100% repatriation of capital and profits
- No tax on corporate gains or personal incomes
- Exemption from import and export duties
The Sharjah Airport International Free Zone (Saif Zone) was set up in 1995 with futuristic and technologically advanced infrastructure to attract investments to the Emirate of Sharjah. The SAIF Zone is built adjacent to the Sharjah International Airport and is also easily accessible to seaports on the Indian Ocean (Port Khor Fakkan) and the Arabian Gulf (Port Khalid).
SAIF Zone is at the crossroads of major trading routes linking the East and West. It is a hub that offers excellent sea, land, and air transport links and has access to over two billion consumers across the GCC, the CIS, the Asian subcontinent, parts of Africa, the Mediterranean, and Europe.
In recent years, a stable government, proactive policies, a solid industrial base, and an attractive incentives package have drawn many foreign investments into the SAIF Zone and Sharjah.
Advantages of Setting Up In SAIF Zone
Advantages of Setting Up In SAIF Zone
Sharjah Airport International Free Zone (SAIF) is one of the most cost-effective options for business registration. Investors setting up their business in SAIF Zone enjoy all the following incentives provided at UAE Free Zones:
- No customs duty
- No currency restrictions
- Tax Incentives
- Investment Incentives
- 100% corporate tax exemption
- 100% import and export tax exemption
- 100% personal income tax exemption
- 100% foreign ownership
- 100% repatriation of capital and profits
- Sponsorship visas for all staff
- Highly qualified bilingual staff
- International air links across the world via Sharjah International Airport
Business Licensing Formation in SAIF Zone
An individual or a corporate entity can set up and do business in the Sharjah Airport International Free Zone by being registered in any of the following legal forms:
- Free Zone Establishment (FZE): the entity with one shareholder
- Free Zone Company (FZC): the entity with 2 to 5 shareholders
- Branch of a Foreign Company
- Branch of a Local Company
Setting Up Process at SAIF Zone
Setting up a business in the SAIF Zone requires planning and decision-making through different phases. It involves deciding the business activity and confirming with SAIF Zone, choosing a legal structure for the business, estimating the required human workforce, etc. A company being formed may have either an individual shareholder, a corporate shareholder, or both. The incorporation process requires the shareholders to sign the documents with SAIF Zone representatives.
Business License Types in SAIF Zone
- SAIF Zone offers the following business license options to set up a business:
- Industrial License
- General Trading License
- Service License
- Commercial License
Business Infrastructure in SAIF Zone
- Business facilities are available for companies registered in the Sharjah Airport Free Zone
- Pre-built Offices
- Pre-built Warehouses
- Temporary Storage Area
- Land on Lease
- Bunkers
- Labor Accommodations
Business Development Consultant
Ajman Business Setup | Mehar Business Solution
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Company Portfolio : Email: info@ajmanbusinesssetup.com
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