Sharjah Airport International Freezone (SAIF Zone) stands as a beacon of opportunity for entrepreneurs and businesses seeking a strategic foothold in the heart of the Middle East. Located adjacent to the Sharjah International Airport, this dynamic economic hub offers a conducive environment for business setup, fostering growth and innovation. In this guide, we delve into the complexities of establishing a business within the Sharjah Airport International Freezone, exploring its advantages, procedures, and key considerations.
Situated in close proximity to Sharjah International Airport, SAIF Zone enjoys unparalleled connectivity, facilitating seamless access to global markets. With its state-of-the-art infrastructure and strategic location between Europe, Asia, and Africa, Sharjah International Airport serves as a pivotal hub for air cargo and passenger traffic. This strategic positioning enhances the appeal of the SAIF Zone, providing businesses with the opportunity for international trade and commerce.
The Sharjah Airport International Free Zone (SAIF Zone) was established in 1995 and stands as one of the UAE's most prominent industrial-free zones. Offering top-tier company formations, SAIF Zone is renowned for its diverse business structures and array of benefits. While Sharjah boasts a significant portion of the UAE's industrial activities, SAIF Zone transcends beyond manufacturing, providing competitive advantages that have fueled its remarkable growth.
Home to the largest cargo airport in the Middle East and Africa, SAIF Zone's strategic location ensures accessibility and cost-effective transportation and logistics solutions for businesses across various markets. At Dhanguard, we are dedicated to facilitating seamless business setup in Sharjah Airport International Free Zone. Our team of UAE business setup consultants, lawyers, PRO executives, and company formation experts is committed to delivering a hassle-free experience, empowering entrepreneurs and business owners to thrive in this dynamic economic hub.
Business setup in the Sharjah Airport International Freezone presents a myriad of advantages for entrepreneurs and corporations alike. Some key benefits include:
SAIF Zone offers 100% foreign ownership and exemption from corporate and personal income taxes, providing a tax-efficient environment for businesses to thrive.
Located at the crossroads of global trade routes, businesses in the SAIF Zone benefit from easy access to key markets across the Middle East, Asia, and beyond.
Business setup in Sharjah airport international freezone boasts world-class infrastructure, including office spaces, warehouses, and logistics facilities, equipped with advanced amenities to support diverse business activities.
The freezone offers simplified procedures for company formation, licensing, and registration, streamlining the setup process and reducing administrative burdens.
From manufacturing and logistics to trading and services, SAIF Zone accommodates a wide range of industries, fostering collaboration and synergy among businesses.
Each type of license for Sharjah airport international freezone grants permission for specific activities related to commerce, services, or industrial operations.
This type of license includes two sub-categories:
Commercial License (Standard): This permits activities such as import, export, distribution, storage, or warehousing, with a restriction on the number of product lines.
General Trading License: Under this, a broader range of activities is allowed, including import, export, re-export, distribution, storage, or warehousing of various products.
This type of license enables businesses to conduct specific services mentioned in the license. It covers a wide range of services unless there are restrictions imposed by the authorities. Some examples include business consultancy, shipping and freight forwarding, and e-commerce services.
This license facilitates business setup in Sharjah airport international freezone for industrial activities such as importing raw materials, manufacturing, processing, assembling, packaging, and exporting the finished products. It's essential to obtain clearance from the SAIF ZONE Health & Environment Department for compliance purposes.
These licenses cater to different business needs and operations, allowing entrepreneurs to legally conduct their desired activities within the specified regulations.
Different types of entities and structures within the SAIF ZONE (Sharjah International Airport Free Zone):
FZE (Free Zone Establishment): A standalone entity incorporated within SAIF ZONE, owned by either an individual or a legal entity, with its own distinct legal identity and financial responsibility.
FZC (Free Zone Company): A limited liability company formed within SAIF ZONE, involving multiple shareholders, each with individual legal identities and financial obligations.
Branch of a Company: A subsidiary registered within the UAE under the parent company's umbrella.
Branch of a Foreign Company: An extension of a company incorporated outside the UAE, operating within the country's jurisdiction.
Setting up a business in Sharjah Airport International Freezone involves several key steps:
Choose Business Activity: Determine the nature of your business activity and ensure alignment with SAIF Zone's permitted activities.
Select Company Type: Decide on the appropriate company structure, whether it's a Free Zone Establishment (FZE), Free Zone Company (FZCO), or Branch of an existing company.
Submit Application: Prepare and submit the required documents for company registration, including passport copies, business plans, and relevant forms.
Obtain License: Upon approval of the application, obtain the necessary business license(s) from the relevant authorities within the SAIF Zone.
Bank Account Opening: Open a corporate bank account with a local or international bank to facilitate financial transactions.
Here are the approved business activities within the Sharjah Airport Free Zone:
Trading and Logistics
Light Manufacturing and Assembly
E-Commerce and Technology
Media and Advertising
Professional Services
Healthcare and Education
And a variety of other sectors are also permitted!
Sharjah International Airport Freezone emerges as a strategic choice for entrepreneurs seeking to establish a presence in the dynamic landscape of the Middle East. With its tax incentives, modern infrastructure, and strategic location, SAIF Zone offers a fertile ground for business growth and expansion.
Dhanguard, with our extensive expertise and specialized services, is poised to be an invaluable ally in removing the complexities of establishing a business within the Sharjah Airport Free Zone, Whether it's advising on legal requirements, facilitating licensing procedures, or providing strategic insights, Dhanguard's dedicated team is equipped to support entrepreneurs at every step of their journey towards establishing a thriving presence in this dynamic business hub.
SAIF Zone is a free trade zone located adjacent to Sharjah International Airport, offering a conducive environment for business setup with tax exemptions and other incentives.
Both local and foreign investors, including individuals, companies, and entrepreneurs, can establish businesses in SAIF Zone.
SAIF Zone allows a wide range of business activities across various sectors, including trading, manufacturing, consultancy, logistics, and services.
Benefits include 100% foreign ownership, 100% repatriation of capital and profits, no currency restrictions, tax exemptions, state-of-the-art infrastructure, and simplified company registration processes.
The process typically involves selecting a business activity, choosing a legal entity type, applying for a trade license, leasing office space or warehouse facilities, and obtaining necessary approvals from relevant authorities.
SAIF Zone offers various types of licenses tailored to specific business activities, including trading licenses, industrial licenses, service licenses, and general trading licenses.
We are proud to be the only Authorized Banking Consultants in UAE!. DG is UAE's largest Banking Experts Consulting Platform
With us, you can easily search all the Banks offering company accounts. We are working with more than 50 Banks.
Compare all the account packages available ith UAE Banks. We have more than 50 packages updated.
When you have choosen the right bank and your account package, contact us and you can have your bank account ready in no time!