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Setting Up a Company in Sharjah Airport International Free (SAIF) Zone

August 31, 2021 - by admin

Setting Up a Company in Sharjah Airport International Free Zone

Established in 1996, Sharjah Airport International Free (SAIF) Zone is one of the oldest UAE zones located next to Sharjah International Airport. With a well-developed infrastructure and strategic location makes company setup in SAIF Zone ideal for setting up trading, manufacturing and logistics businesses. It offers ready-to-move facilities such as fully air-conditioned and furnished executive suites with reception, pre-built warehouses in four sizes with adjacent office space and lease land for unrestricted private development, bunkers, container parking area and temporary storage space.

Categories of Licenses Available in SAIF ZONE

  1. Trading License – This license is issued to businesses concerned with industrial and manufacturing activities.
  2. Commercial License – Import, export, distribution, consolidation, storage, or warehousing of goods are specified in the license. Also, the maximum permitted limit is three similar product lines or company activities.
  3. Service License – Allows the holder to carry out activities specified in the license only within the SAIF zone.
  4. Industrial License – This license permits the import of raw materials, fabrication, processing, assembling, packaging, and export of finished goods.

Benefits of Setting up a Business in SAIF Zone

    • No corporate or personal income tax
    • Fast and affordable licensing including 4-hour licensing service option.
    • No need for share capital
    • Easy access to seaports and airports
    • 100% repatriation of capital and profits
    • 100% foreign ownership permitted without any requirement for partners
    • A wide range of options available for all types of businesses: warehouses, single offices, manufacturing units, and industrial plots.

Company Setup in SAIF Zone

Company formation in SAIF Zone can be done by owners or by Power of Attorney holders. License will be issued quickly on the day of application.

Documents Required for Company Incorporation

    • Passport
    • Passport size photo
    • Residential address, contact number and email ID of the owner

Documents Issued by SAIF after Company Registration include:

    • Certificate of Incorporation
    • License
    • Memorandum and Articles of Association
    • Investment Service Agreement
    • Share Certificate
    • Lease agreement

Corpin Consultants can assist you in the entire process of company incorporation in SAIF zone. Our experts handle the entire Banking, Visa, Legal, and Licensing formalities, so you can focus on the other aspects of your business.

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