Sharjah International Airport Free Zone (SAIF)

SHARJAH INTERNATIONAL AIRPORT FREE ZONE (SAIF)

SAIF Zone is a dynamic Free Zone which provides a suitable business arena for various businesses. At Saif Zone, the aim is to support business operations with the provision of easy access to seaports, cargo airports, and warehouses. The infrastructure is primarily built to cater to a wide spectrum of business requirements.

Due to its close proximity to Sharjah International Airport, it remains one of the Free Zones in the Emirates that make it easy for entrepreneurs to conduct businesses. What’s more, the improvement of the speed of service and simplicity in the company set-up process is an attraction for many entrepreneurs. SAIF Zone is now home to more than 6,500 businesses and continues to grow and expand in its operations, enabling business owners to take advantage of its strategic location and strong infrastructure. From warehouses and storage areas to container parking and labour housing, Saif Zone has got you covered.

 

Benefits of choosing Saif Zone as a Business set-up Location

Among others, here are important benefits to keep at heart while choosing the desired location for business set-up

  • No corporate or personal income tax
  • Quick and reasonably priced licensing
  • Share capital not required to be paid up
  • 24-hour licensing service
  • Well-situated zone with an easy access to cargo airports and seaports
  • 100% repatriation of all capital and profits including 100% free transfer of funds
  • 100% foreign ownership allowing you to own your business exclusively without any local partners

If you are planning to setup business in the SAIF Zone then it is ideal to take the help of a business consultancy which can guide you through the steps and ensure that you comply with the laws and regulations in the course of setting up and operating your business in UAE.

 

Types of Licenses

Commercial License

Activities permitted under this license include:

  • Import
  • Export
  • Distribution
  • Consolidation
  • storage or warehousing of goods specified in the license

The maximum number of activities allowed is three

General Trading License

This can be acquired under a commercial license which permits a large number of products.

Service License

This license allows the holder to carry out service fixed in the license only.  An entrepreneur is allowed unless they are forbidden by the Federal or Local Authorities.

Industrial License

Under this license the following are allowed:

  • Importation of raw materials
  • Fabrication
  • Processing
  • Assembling
  • Packaging
  • Export of Finished goods

 

SAIF’s Fee Structure

 

Trade License Fee (Commercial & Service/General) FEE 
 Trade License 9,500  AED
 Legal Maxims Service Charge3,000 AED

 

Legal Maxims Consultants has a team of experts committed to providing out of the box consultancy, support and management services to investors interested in a new company formation in SAIF or any of the Free Zones in the UAE.

Our service charge is arguably the cheapest in the whole of UAE. Contact Us for a free consultation and a free quote today.