Sharjah International Airport Free Zone
(SAIF)
Established in 1996, Sharjah International Airport Free Zone (SAIF Zone) is located next to Sharjah International Airport, and one of the most reputed and well–established Free zone in UAE. Sharjah International Airport Free Zone is just 20 minutes drive from Dubai International Airport. The fee for a new company and license starts from USD 3722 for the SAIF desk package.
Sharjah Airport International Free Zone is an ideal place to register the company in Sharjah, UAE, for all types of businesses, which require a fast, efficient, and trouble-free working environment. It provides state-of-the-art facilities with 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.
Facilities for manufacturing, assembling, packaging, import, re-export, trade, and value-added activities are catered for at the Zone. Fast and simple processing of relevant licenses (trade, industrial, and services), sponsorship and visas for staff working for the investor, access to low-cost energy and labor, budget accommodation for the in-site workforce, consultancy services in computer and internet training, legal services, international couriers, traffic and licensing office, customs office, petrol station, banks, restaurants, post office, travel agency, clinic, transportation to and from the city, secretarial and security services are just some of the infrastructural facilities that are at hand.
WIS Consultancy headquarters is located at Sharjah Airport Free zone, adjacent to the administration building. We are authorized consultants by Sharjah International Airport Free Zone (SAIF) and we could set up your company within two days with the minimum requirements and cheapest cost.
ADVANTAGES OF BUSINESS SETUP IN Sharjah International Airport Free Zone
- No corporate or personal income tax
- Quick and reasonably priced licensing
- Share capital is not necessary to be paid up
- Get started quickly with a 24-hour licensing service.
- A 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
- A wide range of facilities can be found here for all business types: warehouses, single offices, manufacturing units, and industrial plots are just a few to name
WHY SAIF ZONE ?
TYPES OF LICENSES IN Sharjah International Airport Free Zone
Commercial License: import, export, distribution, consolidation, storage, or warehousing of goods specified in the license, it is important to note that the maximum permitted limit is three similar product lines or company activities.
General Trading License: can be acquired under a commercial license that permits a large number of products.
Service License: allows the holder to carry out service fixed in the license only. All types of services are allowed unless they are forbidden by the Federal or Local Authorities.
Industrial License: import of raw materials, fabrication, processing, assembling, packaging, and export the finished goods.
Your license can belong only to one of these categories. If you want to mix them, an additional license will have to be purchased.
Sharjah airport Sharjah International Airport Free Zone has a very broad business activity list. It even has some hard to get service activities, such as “Investment of own funds”.
Activities also allow storage and consolidation of the products specified in your license, as well as manufacturing and assembling of your products.
Sharjah International Airport Free Zone – SAIF does not share its activity list, so all the business activities availability needs to be checked. The free zone allows you to have multiple activities in the license for your company formation in Sharjah, but if they are not related, an additional fee will apply.
COMPANY SETUP COSTS in Sharjah International Airport Free Zone
The best Sharjah International Airport Free Zone offers currently are:
- Trading or services license for 13,500 AED.
- General trading / aviation / e-commerce / multiple activities license for 21,000 AED.
These packages are eligible for 3 resident visas and have a small office as a part of the package.
If you are planning to rent a bigger facility, you will pay a license fee + the rent of the office or warehouse. The prices will be competitive to Sharjah LLC company formation cost, however, the facilities in the Mainland are usually cheaper than in the free zones.
Visa fees and other immigration fees are paid separately.
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COMPANY SETUP in Sharjah International Airport Free Zone
Sharjah free zone company formation in Sharjah International Airport Free Zone can be done personally by company owners or by Power of Attorney holders.
License is issued instantly on the day of application.
The required documents and information for the incorporation in Sharjah Airport Free Zone:
- Passport
- Passport size photo
- Residential address, phone number, and email of the owner
The documents issued by SAIF after company registration include:
- Certificate of Incorporation
- License
- Memorandum and Articles of Association
- Investment Service Agreement
- Share Certificate
- Lease agreement
Company registration in this free zone can be done by business setup consultants in Sharjah or in Dubai.
TRADE LICENSE RENEWAL in Sharjah International Airport Free Zone
Renewal of Sharjah Airport Free Zone company can be done without a personal visit of the company owners. It takes 1 day.
The free zone requires you to make the payment and sign a renewed lease agreement in order to process the renewal.
Trade License AMENDMENTS in Sharjah International Airport Free Zone
Amendments of any company in Sharjah International Airport Free Zone can be done only by the shareholders or Power of Attorney holders.
Some standard amendments with the costs:
- Shares transfer 10,000 AED
- Adding/removing Director 2,000 AED
- Change of Manager 2,000 AED
- Change of financial year 500 AED
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COMPANY RENEWAL in Dubai World Trade Centre (DWTC)
Renewal of the company takes place after 1 year from the date of registration. Renewal cost is slightly less than the setup fee – 27,300 AED for the cheapest package.
An audit is not required.
In case your company has registered for VAT, you need to provide your tax registration certificate to the free zone when you renew the company.
AMENDMENTS in Dubai World Trade Centre (DWTC)
Corporate amendments can be done any time after the license is issued:
- Change of activity
- Change of trade name
- Shares transfer
- Change of manager
Each amendment would have a different price. After it is done, the authority will have to issue a new license for you with the amended information. The new license release will cost 1,500 AED.
Company LIQUIDATION in Sharjah International Airport Free Zone
Company liquidation in Sharjah International Airport Free Zone requires submission of a few documents:
- Board Resolution
- Clearance from Customs
- Audit report
- Visa status report from Sharjah International Airport Free Zone immigration department
- Clearance from facilities management department of SAIF
The cost of the cancellation is 5,500 AED including publication of newspaper notice.
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