Sharjah Airport Freezone
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Sharjah Airport Freezone
Sharjah Airport Free Zone (SAIF Zone) is a free trade zone located in Sharjah, United Arab Emirates. SAIF Zone offers a business-friendly environment and a wide range of facilities to companies looking to establish their presence in the Middle East.
SAIF Zone provides various benefits to businesses, including 100% foreign ownership, 100% repatriation of capital and profits, exemption from corporate and personal income taxes, and no customs duties on imports and exports. The free zone also offers state-of-the-art infrastructure, including modern office spaces, warehouses, and industrial units, as well as world-class transportation facilities.
The free zone is strategically located near the Sharjah International Airport, providing easy access to the rest of the UAE and the wider Middle East region. SAIF Zone is home to more than 7,000 companies from over 100 countries, operating in various industries such as aviation, logistics, manufacturing, trading, and services.
Overall, Sharjah Airport Free Zone is an attractive destination for businesses looking to expand their operations in the Middle East, offering a conducive environment for growth and success.
Company formation in sharjah airport freezone
Setting up a company in Sharjah Airport Free Zone (SAIF Zone) is a straightforward process. Here are the general steps to follow:
Choose a business activity: Decide on the type of business activity you want to carry out in SAIF Zone. The free zone offers a wide range of activities, from trading and manufacturing to services and consultancy.
Choose a company structure: Determine the legal structure of your company. You can set up a branch, subsidiary, or free zone establishment (FZE) with 100% foreign ownership.
Choose a business name: Select a unique business name that is not already registered in SAIF Zone or the UAE.
Apply for a business license: Submit the required documents and application forms to SAIF Zone’s licensing department for approval. The documents may include a business plan, passport copies of shareholders and directors, and relevant certifications and approvals.
Lease a facility: Once your license is approved, lease a facility in SAIF Zone that suits your business needs. The free zone offers a range of options, including offices, warehouses, and industrial units.
Obtain other approvals: Depending on your business activity, you may need to obtain additional approvals or certifications from relevant authorities in the UAE.
Register for visas: Apply for visas for yourself and your employees to live and work in the UAE.
Overall, the process of setting up a company in Sharjah Airport Free Zone is streamlined and efficient, with a dedicated team of professionals to guide you through the process.
FAQ for Sharjah Airport City Freezone
What is SAIF Zone? SAIF Zone is a free trade zone located in Sharjah, United Arab Emirates, offering a business-friendly environment and a wide range of facilities to companies looking to establish their presence in the Middle East.
What are the benefits of setting up a business in SAIF Zone? SAIF Zone offers several benefits, including 100% foreign ownership, 100% repatriation of capital and profits, exemption from corporate and personal income taxes, and no customs duties on imports and exports.
What types of businesses can be set up in SAIF Zone? SAIF Zone offers a wide range of business activities, from trading and manufacturing to services and consultancy.
What is the process of setting up a business in SAIF Zone? The process of setting up a business in SAIF Zone involves choosing a business activity, choosing a company structure, choosing a business name, applying for a business license, leasing a facility, obtaining other approvals, and registering for visas.
What facilities does SAIF Zone offer? SAIF Zone offers a range of facilities, including modern office spaces, warehouses, and industrial units, as well as world-class transportation facilities.
Is there a minimum capital requirement to set up a business in SAIF Zone? No, there is no minimum capital requirement to set up a business in SAIF Zone.
Can I operate my business outside of SAIF Zone? No, businesses established in SAIF Zone must operate within the free zone’s boundaries. However, companies can conduct business with entities outside of the free zone.
How long does it take to set up a business in SAIF Zone? The time required to set up a business in SAIF Zone varies depending on the type of company structure and business activity. However, the process is generally streamlined and efficient, with a dedicated team of professionals to guide you through the process.
Can SAIF Zone help with recruitment? Yes, SAIF Zone offers recruitment services to companies, helping them find the right talent for their business needs.
What are the operational costs of running a business in SAIF Zone? The operational costs of running a business in SAIF Zone vary depending on the type of business activity, company structure, and facility. However, SAIF Zone offers competitive pricing and transparent fee structures.