Sharjah Airport International Free Zone
Company Setup in Sharjah Airport International Free (SAIF) Zone
Spreading to an area of over 6 million square meters, Sharjah Airport International Free Zone is home to more than 8000 companies from diverse sectors like healthcare, media, manufacturing, technology, etc. Established in 1995, the Sharjah Airport International Free Zone presents companies from about 160 countries to date. SAIF Zone being alongside the Sharjah International Airport and close to dynamic markets like Central Market (Blue Souk), Al Rolla Square, AI Jubail Market, etc, makes it a prominent choice for individuals to set up a business here. Moreover, its strategic location between the Persian Gulf and the Gulf of Oman also facilitates trade via sea route, making it a more lucrative option for businesses looking to expand their international reach and optimize their logistics operations.
The SAIF Zone provides a range of support services including licensing assistance, visa processing, and access to financial institutions, ensuring that companies can focus on their core operations while availing the advantages of operating within a thriving business hub. Apart from this, benefits like 100% foreign ownership, tax exemptions, and administrative support, further incentivize businesses to establish themselves within the zone.
Documents Required for Company Setup in SAIF Zone
The documents required for the company set up in the Sharjah Airport International Free Zone are –
- Application form
- Project summary
- Articles of Association (AOA)
- Memorandum of Association (MOA)
- Passport copies of owners/managers
- Bank statement for the last three months
- Certificate of registration/incorporation
- Board resolution to open a branch in SAIF Zone
Licences in SAIF Zone and How to Avail Them
SAIF Zone offers various licenses to cater to different industries and business activities –
- Commercial Licence: Ideal for business models such as retail, wholesale, distribution, export and import.
- Industrial Licence: Available for companies involved in manufacturing, processing, packaging, and other industrial operations.
- Service Licence: A service licence allows businesses to provide a wide range of services like Consultancy, Training, Maintenance, etc.
- Professional Licence: Professionals like Doctors, Engineers, Lawyers, etc. require this licence to practice their respective professions in designated areas.
- E-Commerce Licence: Specifically available for businesses operating in digital space, authorising online sales, transactions, and related E-Commerce activities.
To avail of any of these licenses, one must comply with the registration process created by the authorities of SAIF Zone.
- business determine the suitable licence for your company setup.
- Office Space: Choose the desired office space or warehouse within the SAIF Zone according to your business needs and budget.
- Prepare Required Documents: You need to submit the relevant documents and it doesn’t take much time to get approved when all the documents meet the requirements.
- Apply Online: E-services provided by SAIF Zone allow you to fill out the application form online. Complete this form with personal and business details, along with the selected license type, office space, and required documents.
- Pay Fees: The amount can vary based on the type of license applied for, the size and location of the office, and other corporate facilities.
- Get your Licence: Once your application gets approved, you will receive the license from the authorities of SAIF Zone.
Get Help From A Company Setup Service Provider - AIMS UAE
AIMS UAE can help you navigate the intricacies involved in establishing a company in the SAIF Zone. Our experts are well-versed in this process, providing the top consulting services starting from initial feasibility studies and legal document preparation to navigating licensing requirements and facilitating the setup of your operations.
Our experience in the SAIF Zone ecosystem equips them with valuable knowledge and connections, enabling them to streamline the establishment process and optimize your business to thrive. AIMS UAE not only helps you with the company setup but also provides ongoing support and recommendations to further expand your business.
Frequently Asked Question
Companies operating within the SAIF Zone get benefits of tax exemptions on corporate and personal income, as well as on import and export duties. There are also no restrictions on the repatriation of capital and profits.
If you are setting up an FZE or an FZC you may require a minimum capital of AED 150,000, whereas opening a branch of a foreign/local company does not require any minimum amount. However, it is good to have sufficient capital to support your business operations effectively.
The fee may vary depending on the type of license, business activity, and the size of your office space. To get the correct estimate, it is best to visit the SAIF Zone website with this query or consult any service provider in this industry.
Contact Us Now For A Smooth Business Set-Up Procedure.
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