SAIF ZONE FREE ZONE COMPANY FORMATION
COMPANY REGISTRATION IN SHARJAH AIRPORT INTERNATIONAL FREE ZONE (SAIF ZONE)
Established in 1995, the Sharjah Airport International Free Zone (SAIF-Zone) stands as the prime business destination in the United Arab Emirates. Nestled in the Emirate of Sharjah, a thriving industrial powerhouse, SAIF-Zone boasts a remarkable roster of over 4,500 companies hailing from 91 countries. Foreign investors favor SAIF Zone for company formation, enticed by the multitude of business benefits granted by this Free Zone.
Opting for Company Formation in SAIF Zone affords foreign investors a wide range of business license types and activities. The process of forming a company in SAIF Zone is streamlined and cost-effective, distinguishing it from other Free Zones in Dubai. The availability of cost-effective business license packages and top-notch business infrastructure further attracts investors to this Free Zone. Additionally, SAIF-Zone’s strategic location adjacent to Sharjah International Airport positions it as a prominent trade hub in the UAE.
SAIF Zone is the perfect destination for entrepreneurs looking to kickstart their businesses across various industries. This Free Zone offers outstanding support infrastructure and streamlined processes for obtaining Company Licenses and Investor Visas. Whether you’re in consultancy, commercial, or industrial sectors, SAIF Zone provides comprehensive business solutions including licenses, office spaces, warehouse facilities, and cutting-edge amenities. With cost-effective options, global investors can establish a strong foundation in SAIF Zone and achieve guaranteed business success.
COMPANY FORMATION IN SAIF ZONE
Sharjah is rapidly emerging as an ideal destination for company formation and a thriving economic hub in the UAE. When it comes to establishing a company, there are two primary options: the Mainland and Free Zone. Among global investors, the option of setting up a business in SAIF Zone for company formation is highly sought after. This is primarily due to the availability of affordable and cost-effective packages that make the process of starting a business in the region hassle-free.
The strategic location, excellent transportation links, and abundant opportunities make Sharjah Free Zone an attractive choice for investors. With a variety of company setup packages available, investors can choose the one that best suits their business requirements and budget.
The Free Zones of Sharjah play a pivotal role in driving economic growth in the UAE, attracting significant foreign investments and fostering new company formations in the country.
WHAT ARE THE STEPS IN COMPANY FORMATION IN SHARJAH FREEZONE?
Registering your company in Sharjah Freezone is a streamlined process, meticulously designed with clear and concise steps to obtain your essential company formation documents. Experience a seamless journey towards establishing your business.
- Submit the Company Formation Application to the Department of Economic Development, Sharjah or the Specific Free Zone
- Prepare the Company’s Memorandum of Association, shareholder’s resolution, Local Service Agent Agreement (For Mainland)
- Submit the required supporting documents and pay the license fees to the Authorities
- Obtain the Trade License from the Concerned Authorities
- Apply for the Company’s Establishment Card with the Ministry of Labour
- Apply for the Resident Visa and Employee Visas subsequently
- Open Corporate Bank Account and apply for other clearances such as Customs Registration
Pro Consultancy Business Consultants is registered with SAIF Zone (Sharjah Airport International Freezone), and its headquarters are located within the Free Zone. Sharjah is widely regarded as a thriving hub in the Middle East, attracting numerous investors and witnessing the rapid establishment of countless companies. Spanning a diverse range of industries, these companies include renowned players in IT services, media, consumer durables, light to medium manufacturing, and various other sectors.
FACILITIES & INCENTIVES IN SAIF ZONE
Sharjah and the SAIF-Zone offer distinct advantages for businesses. With a trading history dating back to the early 18th century, Sharjah now accounts for over 40% of industrial activity in the UAE.
The Sharjah Ports and Free Zone, Sharjah Chamber of Commerce, and the Government of Sharjah are proactive and business-savvy entities, providing extensive support to potential entrepreneurs. Setting up a business in Sharjah is more cost-effective compared to other emirates in the UAE. With a strong focus on industrialization, Sharjah has transformed into a thriving commercial center, boasting an impressive annual growth rate of 12%.
With tax-free operation, minimal bureaucracy, and a myriad of trade incentives, the SAIF-Zone presents unparalleled benefits to investors. Experience unbeatable perks that make it an enticing choice for business opportunities.
- 100% foreign ownership
- 100% repatriation of capital and profits
- 100% exemption from income and corporate taxes
- License issued within 24 hours
- On site labor accommodation
- Sponsorship and visa’s for all staff
- Access to over 2 billion customers Strategic location
- 24 hour hotline for equipment and provision of labour
- Global and regional communications with excellent air, land and sea links
- Simplified procedures
- Back up services provided by the Sharjah Chamber of Commerce and Industry and the Sharjah Expo
- Competitive structure of fee, property and management
- 24 X 7 Operations.
The Free Zone provides a wide range of facilities and incentives that make it easy for investors to establish their businesses in the region. With features such as spacious warehouses, an in-house customs department, support from logistics partners, round-the-clock power availability, and the freedom to hire 100% expatriate workers, the Free Zone is an ideal choice for business owners worldwide.
The Free Zone offers top-class facilities, which are a key factor in driving company formations in SAIF Zone. From shared workspaces to fully customized offices, it caters to the diverse requirements of investors. Additionally, the availability of large warehouse spaces that can be tailored to specific client needs makes SAIF Zone even more attractive to prospective investors.
LATEST SAIF ZONE COMPANY REGISTRATION COST
Setting up a company in SAIF Zone is a seamless and speedy process, offering investors cost-effective business license packages. Whether you require office space or not, there is a diverse selection of business license packages to choose from, catering to your specific needs. Below is a comprehensive list of Business License Packages available for establishing your business at the Sharjah Airport International Freezone.
SAIF OFFICE LICENSE PACKAGE
| Facility Type | Fee after discount | Actual fee | Visa Quota | Special Package Includes |
|---|---|---|---|---|
| SAIF Office (Trading / Services License) | AED 10,800 * | AED 13,660 | 3 visas | Shared Desk, Utility Charges, Signboard |
| SAIF Office (General Trading License) | – | AED 21,160 | 3 visas | Shared Desk, Utility Charges, Signboard |
* Discount applicable for first year only.
SAIF EXECUTIVE LICENSE PACKAGE
| Facility Type | Fee after discount | Actual fee | Visa Quota | Special Package Includes |
|---|---|---|---|---|
| Executive Office (Trading / Services License) | AED 15,650 * | AED 23,160 | 5 visas | Dedicated Office, Utility Charges, Signboard |
| Executive Office (Gneral Trading License) | AED 15,650 * | AED 30,660 | 5 visas | Dedicated Office, Utility Charges, Signboard |
* Discount applicable for first year only.
SAIF SUITE LICENSE PACKAGE
| Facility Type | Fee after discount | Actual fee | Visa Quota | Special Package Includes |
|---|---|---|---|---|
| Suite Office (Trading / Services License) | AED 28,650 * | AED 36,160 | 8 visas | Dedicated Fully Furnished Office, Utility Charges, Signboard |
| Suite Office (General Trading License) | AED 28,650 * | AED 43,660 | 8 visas | Dedicated Fully Furnished Office, Utility Charges, Signboard |
* Discount applicable for first year only.
Please note that the special offer price applies to a single license, regardless of the license type, and includes VAT. If multiple licenses are purchased, the license with the lowest fee will be waived.
** Visa and PO Box charges are not included. PO Box charge approx. AED 1000 per year.
*** 5% VAT will be applicable on service charges
Setting up a new company, including office and visa arrangements, can be accomplished within a span of 2 working days. Pro Consultancy offers comprehensive assistance in the documentation required for establishing a branch or a 100% subsidiary of a foreign company. Let us guide you through the seamless process of company setup.
GOLD, DIAMOND & COMMODITIES PARK
| Package Details | Fee in AED | Fee in USD |
|---|---|---|
| Lease rental for the SAIF Suite | 20,000 | 5,478 |
| Miscellaneous charges | Nil | Nil |
| License Fee i.e. Service/Commercial License (annually) | 10,000 | 2,740 |
| Refundable Lease Deposit (One time) | nil | nil |
Total** | 30,000 | 8,218 |
*** 5% VAT will be applicable on service charges
SAIF ZONE WAREHOUSES
Freezone offers warehouses of various sizes, ranging from 125 sq m to 600 sq m. If larger spaces are needed, multiple warehouses can be combined. As part of an ongoing promotion, the annual rent for these warehouses has been significantly reduced to accommodate our clients’ budget. All warehouses come equipped with offices, pantries, and toilets. Rent for warehouses starts at AED 60,000 per annum. Please note that warehouse availability is subject to confirmation.
LATEST WAREHOUSE RENT IN SAIF ZONE
| Warehouse | Standard Rate | Special Rate* | Utility Deposit (Refundable) |
|---|---|---|---|
| 125 SQM | 60,000 | 48,000 | 3,000 |
| 250 SQM | 110,000 | 88,000 | 5,000 |
| 400 SQM | 160,000 | 128,000 | 7,000 |
| 600 SQM | 205,000 | 164,000 | 10,000 |
Additional Fees:
50% waiver on Company Registration Charge (FZC/FZE – AED 5000, Branch – AED 2,500)
Service Charges: AED 6,300; Refundable Lease Deposit (First Year Only): AED 5,000
SAIF ZONE LICENSE RENEWAL / LIQUIDATION
Pro Consultancy offers comprehensive assistance in preparing Audit Reports, ensuring a hassle-free and cost-effective license renewal or company liquidation solution, as well as Visa Renewal and a wide range of other PRO Services. Renewing your SAIF Zone License is a straightforward process that can be completed in just a few simple steps.
Pro Consultancy will assist in the Trade License Renewal process by:
- Preparing the Trade License Renewal application form provided by SAIF-Zone
- Prepare the tenancy contract for office space renewal
- Make the required payment for the renewal of trade license and office space,
- Submit the required documents to the SAIF Zone for review and approval, and Coordinate the trade license renewal process in SAIF Zone.
- Obtain the renewed Trade License and deliver it to the investor.
Each year, it is vital to renew the trade license for your company. This involves paying the necessary fees and renewing the tenancy contract. Neglecting to renew the contract can lead to fines or even cancellation of your license. As the registered agent of SAIF Zone, Pro Consultancy is here to handle all your company renewal needs and provide expert assistance from our PRO Agent.
REQUIREMENTS FOR TERMINATION OF COMPANY IN SAIF ZONE
- Application for Company Closure & Board Resolution (We will prepare Company Termination Application Form & Board Resolution)
- SAIF Zone Company Closing down charges: (Late Liquidation Fee: AED 5000 is applicable if 3 months notice is not given, Publication notice fee : AED 500 and Immigration Card & Visa Cancellation fee if applicable.)
- Clearances from Post Office, SAIF Zone Facilities, SAIF Zone Visa Department & SAIF Zone Customs
- Liquidation certificate from Auditor
- Office keys must be handed over
- All Original Company Documents
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