Sharjah Company Formation

Sharjah Company Formation Packages

Sharjah Free Zone Company Formation

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Sharjah Airport International Free Zone (SAIF) Company Formation

Introduction – Free Zone Focus

Sharjah Airport International Free Zone (SAIF) was established in 1995 with 55 companies. Today SAIF is home to more than 5500 companies, including some of the most well-known global names in manufacturing, media, trading, IT and others.

SAIF provides excellent business incentives, making it the perfect business hub. It is dedicated to providing an outstanding, highly efficient, reliable and cost effective service. The business environment in the free zone is free from red tape and complicated regulations.

SAIF is easily accessible from the Arabian Gulf and the Indian Ocean from Port Khor Fakkan and Port Khalid seaports as well as Sharjah International Airport.

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Competitive Advantages: Why SAIF?

• 0% corporate and personal income taxes for the company, investor and employees
• 100% repatriation of capital and profits
• 100% foreign ownership
• 100% import and export duties exemption
• 100% free transfer of funds
• Competitive fees
• Access to over 2 billion consumers
• Strategic location between east and west
• Access to ports in the Arabian Gulf & Indian Ocean
• International air links across the world through Sharjah International Airport
• Close ties with Sharjah Chamber of Commerce and Industry, Sharjah Expo Center and more than 40 international banks
• Secure business environment
• Modern fully-equipped facilities
• 25 year renewable leases
• Highly qualified staff
• Unlimited cheap workforce
• Abundant and cheap energy
• Sponsoring & visas for staff
• 24/7 hotline for equipment and labour provision
• Back-up services

Sharjah Airport International Free Zone Contact Details

Marketing and Sales Department
Tel: 00971 6 5178361/248
Fax: 00971 6 5571131
Email: info@saif-zone.com

Lease and License Department
Tel: 00971 6 5178110
Fax: 00971 6 5572577
Email: l_linfo@saif-zone.com

Legal Department
Tel: 00971 6 5178231
Fax: 00971 6 5570161
Email: abdelhakam.ahmed@saif-zone.com

Client and Investor Services Department
Tel: 00971 6 5571111
Fax: 00971 6 5571600
Email: mohd.alhashimi@saif-zone.com

Website: www.saif-zone.com

Key People

Khaled Bin Abdullah Bin Sultan Al Qasimi
Chairman

Sharjah Airport International Free Zone Company Fees and Registration Process

• Procedure for leasing and licensing
• Documents required for company incorporation
• Licensing fees

Procedure for Leasing and Licensing

3-Step Registration Procedure:

• Submit the required documents and outline of proposed project to the Marketing and Sales Department.
• Receive the approval letter, pay the amount required for the lease and sign the lease agreement.
• Receive the business license, lease agreement and the keys for the facilities from the Lease and Licensing Department.

Documents Required for Company Incorporation:

Licensing Fees

Sharjah Airport International Free Zone Services

• Company incorporation
• Business licenses
• Issuing of visas
• Other legal services
• SAIF’s zone departments

Company Incorporation

Clients need to select one of the company types below in order to operate in SAIF:

Branch

A company already incorporated in the UAE or in a foreign country can incorporate a branch in SAIF.

There are two types of branches:

• Branch of a foreign company: A company based in a foreign country can incorporate a company branch in SAIF. The name of the branch will be the same as the name of the parent company.
• Branch of a local company: A company incorporated in the UAE can incorporate a branch in SAIF. The name of the branch will be the same as the name of the parent company.

Free Zone Company (FZC)

• Two or more people can incorporate a Free Zone Company in SAIF
• The maximum number of shareholders is up to 5 but can be up to 7, if approved by SAIF
• The minimum capital required is AED 150,000
• Liability is limited to the share capital

Free Zone Establishment (FZE)

• A person can incorporate a Free Zone Establishment in SAIF
• A FZE has only one owner or shareholder
• The minimum capital required is AED 150,000
• Liability is limited to the share capital

Business Licenses

Different license types available at SAIF:

• Industrial License: for importing of raw materials, processing, manufacturing, assembling, packaging and exporting finished products.
• Commercial License: for importing, exporting, distribution, consolidation and storage of products which are specified in the license.   Maximum of three similar product lines.
• General Trading License: under Commercial License – a large number of business activities fall under this category.
• Service License: to be able to carry out services specified on the license.

Issuing of Visas

Visas are issued by the Client & Investor Services Department (C&IS).

Services provided by C&IS:

• Issuing of entry permits for employment visas
• Amendment of visa status
• Cancellation of visas
• Request for a service (visa deposit, fax)
• Stamping of new residence visa and renewals
• Documents for families visa stamping
• Issuing visit and transit visas
• Immigration card
• Issuing of entry passes (non-sponsored by SAIF)
• Issuing NOC
• Issuing salary certificates
• Guarantee deposit refunds
• Transfer of sponsorship
• Passport release
• PRO card application

Other legal Services

The following other legal services are provided by SAIF:

• Attestation of documents
• Changes to licenses
• Mortgage services
• Amending share structure

All necessary services and procedures are provided under the same roof, making the client’s experience in setting up a business in SAIF a hassle-free one, which saves time and money. Within 24 hours of submission of the required documents, all licenses and permits are issued to clients.

SAIF’s Zone Departments

• Marketing & Sales (first point of contact with potential client)
• Customer Care
• Human Resources
• Administrative
• Finance and Accounts
• Purchasing
• Client & Investor Services
• Engineering
• Health Safety and Environment
• Cargo, Operations and Maintenance
• Lease & Licensing
• Legal
• Security

Sharjah Airport International Free Zone Products

SAIF offers a variety of modern facilities to clients wishing to set up their companies in the free zone.

• Office space
• Plots of land
• Warehouses
• Temporary storage facilities
• Container parking area
• Bunker facilities
• Labour accommodation

Office Space

Plots of Land

SAIF provides plots of land in different sizes (minimum size 2500 sq. metres), according to the needs of clients.

Warehouses

SAIF provides high quality warehouse facilities. Warehouses are insulated and come in four different sizes. Clients can use them for either storage, distribution, packaging, assembling or light industrial activities. Clients can lease more than one warehouse if required.

Temporary Storage Facilities

SAIF is the only free zone in the world which provides temporary storage areas.

Container Parking Area

Container parking areas of 20 feet or 40 feet are provided on a monthly or yearly basis:

Bunker Facilities

SAIF provides small and large bunkers that are used for storage and as industrial facilities respectively. The bunkers are equipped with electronic cranes and fire-fighting systems.

Labour Accommodation

SAIF provides on-site accommodation for male and female labourers:

Sharjah Airport International Free Zone (SAIF) Map