Sharjah Airport International Free Zone, commonly known as the SAIF Zone, is one of United Arab Emirates’ biggest business centers. Established in the year 1995, it contributes to over one-third of UAE’s total industrial activity. Its strategic location; ease of access via road, air and water; and tax free zone benefits make it one of the first choices for both national and international businessmen who want to set up their business in UAE.
The SAIF zone is home to a number of business activities, including import and export, media, logistics, IT services, trading, consumer durables, advertising, and more.
Benefits of setting up your company in Sharjah Free Zone
Here are some of the biggest benefits of choosing SAIF zone as your company’s headquarters:
100% foreign ownership
To set up your company in Sharjah free zone, you do not need a local sponsor. This, in fact, is completely opposite to setting up your business in the UAE mainland, where a local sponsor holds 51% of your company’s shares. Thus, SAIF zone allows you to enjoy 100% ownership of your business.
Low cost of operation
SAIF zone’s flexi-desk package and regular promotional discounts make setting up business in UAE cost-effective and budget-friendly.
One of the many factors that entice business owners to choose Sharjah Airport International Free Zone as their business center is that it lets entrepreneurs apply for three visas without the need for physical office space. This works perfectly well for solo entrepreneurs and SME owners who want to establish their business in UAE without the need of fixed office space.
A variety of business types available
With more than 6500 companies running successfully in the SAIF free zone, getting labor and warehouse facilities at Sharjah are not only easy, but also cost-effective.
Quick company registration
Setting up a business in SAIF zone is pretty quick too. The documents required are simple and it takes only 48 hours to get the license. This helps business owners start their business at Sharjah in no time.
Timeline and procedure for setting up your business in SAIF zone
To start a business in SAIF zone, you need to avail any one of the following five licenses:
• Trade License
• Commercial License
• General Trading
• Service License
• Industrial License
Sharjah Free Zone has its own systematic procedures for processing documents and company formation. Therefore, it’s best to consult a reliable consultancy company once you decide to apply for a company license in Sharjah. This will simplify the entire process of company formation and you will get complete assistance while processing your documents related to work permits, visas, and trade license.
In case you are planning to set up your business in SAIF zone, we can help. Call us at 00971 55 679 1998 and get complete assistance from our certified experts. With years of experience and comprehensive knowledge, we can help you complete all the documents, visa formalities, and license documents for hassle-free processing and fast approvals. Our consultants will also guide you every step of the way for getting office space, labor and warehouse facilities in UAE. For more information on company formation in UAE, get in touch with us today!