SAIF Zone

SAIF Zone Company Formation -Eligibility, Requirements, Setup & License Cost

Sharjah Airport International Free Zone (SAIF Zone) was established in 1995. Since then, it has become one of the United Arab Emirates’ business centers. Its strategic location, being situated beside the International Airport of Sharjah, makes it advantageous in terms of easy access on air.

Sharjah serves to be one of the biggest parts of the industrial activity of the United Arab Emirates (UAE). It aims to maintain its versatility. All kinds of businesses from various sectors will feel right at home as Sharjah Airport International Free Zone (SAIF Zone) ensures that every single company is accommodated just the way they want to be and more. The facilities they provide have the highest quality yet they are set at affordable prices, such as their warehouses, storage areas, container parking, bunkers, etc.

Benefits of Business Setup in SAIF Zone

Sharjah Airport International Free Zone (SAIF Zone) has been operating for more than two decades now. Investors are still coming to conduct the Sharjah Freezone business setup because of its advantages that duly meet the needs of the business owners and what they’re looking for in a location.

Some of the advantages are listed below that investors see, giving them the reason to choose SAIF Zone as the place to build their company.

  • 100% foreign ownership
  • 100% exemption from corporate and personal income taxes
  • Freedom of repatriation of both capital and profits
  • One of the world’s most sustainable living and working business clusters
  • Highly cost-effective licensing and office space
  • 100% free transfer of funds
  • Launching point into local, regional, and international markets
  • A critical mass of sector knowledge and talent

Following industries, you can set up in Sharjah Free Zone

We cover all the following industries, even if your industry not on the list you can consult with us we can help you setup.

Not Sure? Let’s help you

E-commerce  Financial Institution
Insurance  Media & Entertainment
Non-profit  Technical Services
Accounting & Auditing Firm  Construction / Contracting
Educational Institution  General Trading
Law Firm  Money Exchange
Oil & Gas  Tourism & Hospitality
Agriculture & Fishing  Consulting
 Events Organizing  Health Care
 Manufacturing  NGO
 Real Estate  Other
 Cargo & Freight-forwarding

Business Setup in Saif Zone Requirements & Procedure

Documents Required for Company Formation in Sharjah Airport International Free Zone (SAIF Zone):

Basic requirements for SAIF Zone business setup:

  • Issued certificate for the reservation of company’s trade name
  • Initial Approval from SAIF Zone Authority
  • Passport of each stakeholder (copy)
  • Appointed manager’s CV/resume and passport (copies)
  • The rental agreement for office/warehouse
  • Information sheet of appointed general manager and stakeholders
  • POA (attested and notarized) for the company’s legal representative

For a Company Branch or Limited Liability Company in SAIF Zone, the following documents must also be furnished:

  • Memorandum of Association (notarized and attested)
  • Company registration certificate (only if applicable)
  • Board resolution for SAIF Zone business setup

The procedure of processing your business setup in SAIF Zone will range from 2 to 4 weeks.

Support Services Offered in SAIF Zone

ASIAUVSAA is one of the leading Sharjah business setup consultants that offer quality business setup services in Sharjah. We will ensure that you have all your questions answered, such as business setup cost in Sharjah and any follow-up questions you have about your Sharjah trade license inquiry.

Our solutions for SAIF Zone business setup include:

  • Company registration processing
  • Ministry of Labor business account opening
  • Account opening with UAE Ministry of Interior
  • Establishing of business address
  • Company formation requirements processing
  • Company Liquidation procedures

If you have inquiries regarding the process of SAIF Zone business setup, contact us through the below form and we will revert back soon.

Sharjah Free Zone License Cost

The SAIF Zone is known for its location and flexibility to incorporate various business activities while encouraging diverse cultures. Farahat & Co has a team of professional business setup consultants that can assist in company formation in the said free zone. The fee table below explains the estimated cost for SAIF zone company formation. Contact us for more information on SAIF Free Zone License Fees.

Cost for Business setup in Cost in Fees of SAIF Free Zone Company Setup Costs

Business Registration and Licensing Cost Fees
Registration Fee – FZE/FZC AED 10,000.00
Registration Fee – Branch AED 5,000.00
Knowledge Fee & Innovation Fee AED 20.00
Cost by Trade Licence Type (Select one of the following)
Trading License Fee AED 7,500.00
Service License Fee AED 7,500.00
General Trading License Fee AED 15,000.00
Oil & Gas Trading License Fee AED 15,000.00
Real estate License Fee AED 15,000.00
Aviation License Fee AED 15,000.00
Shipping License Fee AED 15,000.00
Investment of Own Financial Resources License Fee AED 15,000.00
Industrial License Fee AED 7,500.00
Freight Forwarding License AED 8,500.00
Setting up a branch office (Starting from) AED 7,500.00
Setting up a Branch of a Foreign Company (Starting from) AED 7,500.00
Additional Fees for Business Registration
Chamber of Commerce Fees AED 1,800.00
E – Channel Registration AED 2,100.00
E – Channel Refundable Deposit AED 5,035.00
Immigration Card Pre-Approval AED 510.00
Immigration Card AED 1,400.00
Visa Processing Cost
Bank Guarantee / Employee Visa deposit One Month Salary + One Way Ticket
Issuance of employment contract AED 350.00
Visa Allocation Fee AED 1,600.00
Attestation of Employment Contract (for below 60) (if applicable) AED 100.00
No Claim Declaration and NOC (above 60) (if applicable) AED 900.00
Emirates ID Application (Starting from) AED 270.00
Medical Test AED 500.00
Employment/Residence Visa (Select one of the following)
Employment / Residence Visa, including local amendment – In Country (Starting from) AED 3,580.00
Employment / Residence Visa – Out of the Country (Starting from) AED 2,730.00
Investor/ Partner Residence Visa, including local amendment – In Country (Starting from) AED 4,780.00
Investor/ Partner Residence Visa – Out of the Country (Starting from) AED 3,930.00
Postal Services Cost
New P.O. Box, Normal Process AED 1,124.00
ATTENTION – NOTE

All fees for government and related authorities are an estimation only. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.

Please fill out the form below and click submit for further information.

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