Business set up in SAIF Zone

SAIF Zone: The Sharjah Airport International Free Zone (SAIF Zone) offers unbelievable trade incentives to its investors. Today the SAIF-Zone is a host to 5000 companies from 62 countries engaged in various activities. There are several business activities such as import and export, IT services, media, logistics, consumer durable, trading, publishing, advertising, etc.

Types of licenses available in SAIF Zone

 

Following are the types of licenses available in SAIF-Zone

  1. Commercial license
  2. General trading license
  3. Industrial license
  4. Service license

What are the facilities​ available in SAIF Zone?

 

Following are the facilities available in SAIF – Zone

  • Offices
  • Industrial Park
  • Land on Lease
  • Prebuilt Warehouse
  • Temporary Warehouse
  • SAIF Zone Labor Accommodation​

Some of the benefits of setting up a business in SAIF Zone are as following below

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • No import & export duties
  • No need to paid share capital
  • Sponsorship and also visas for all staff
  • 24 x 7 operational freedom
  • Wide range of facilities
  • Facility rental protection

Time frame:

 

The time frame required for setting up a company in SAIF Zone will range from 2 to 4 weeks.

Documents required for setting up a company in SAIF Zone

For opening a branch in SAIF-Zone is mentioned below

  • Application Form (Filled up)
  • Bank Statement for the last 3 months.
  • Last two years balance Sheet.
  • Passport copy of the Owners/Managers
  • Project Summary
  • Memorandum of Association and also Article of Association (attested from the ministry of Foreign affairs in UAE and also UAE embassy from the country of Origin)
  • Board resolution to start a branch in the SAIF-Zone (attested from the ministry of Foreign affairs in UAE and also UAE Embassy from the country of Origin)
  • power of attorney (attested from the ministry of Foreign affairs in UAE and also UAE Embassy from the country of Origin)
  • Certificate of incorporation (attested from the ministry of Foreign affairs in UAE and also UAE Embassy from the country of Origin)

For starting a new company in SAIF Zone is following below

  • Application form
  • Project Summary
  • Passport copy of the Owners / Managers
  • A minimum Company Capital of AED 150,000/- to be deposited in any bank in UAE (can be withdrawn in a few days)
  • If your current company is one of the shareholders in the FZC or owner of the FZE then in that case all the company documents (attested) as mentioned for the branch (such as MOA, AOA, Board resolution and Certificate of incorporation) are also required.

If you are planning to setup a business in SAIF-Zone then Contact MSZ Consultancy, we will assist you to set up your company in SAIF Zone.

For further information, contact us: +971 52 544 1248 or Drop us a line at info@mszconsultancy.com

 

Find out how much it cost you to setup your Dream Business

Other Recent Blogs

Why Set Up Your Company in the SHAMS Free Zone?

Why Set Up Your Company in the SHAMS Free Zone?

The SHAMS Free Zone Dubai is a bustling hub of business and innovation that has attracted entrepreneurs and investors from all corners of the world. With its welcoming business environment and thriving economy, it's no surprise that Dubai is a top choice for both...

Registering Your Product with the Dubai Municipality

Registering Your Product with the Dubai Municipality

Product Registration in Dubai If you plan to sell your products in Dubai, you’ll need to go through the product registration process with the Dubai Municipality. This critical step ensures your products are safe for use and compliant with local regulations. Undergoing...

UAE Golden Visa: The Gold Standard of Residency Visas

UAE Golden Visa: The Gold Standard of Residency Visas

What is a Dubai Golden Visa? A residence visa is a document that permits a foreign national to reside in a particular country for a longer period of time. These visas are necessary for non-citizens who wish to live, work, or study in the UAE in general, and are in...

What You Need to Know About the Meydan Free Zone License

What You Need to Know About the Meydan Free Zone License

The Meydan Free Zone Meydan Free Zone, located in the heart of Dubai, is a fantastic choice for entrepreneurs and investors looking to start a business in the United Arab Emirates. With its strategic location, state-of-the-art infrastructure, and a range of business...

Subscribe to Our Newsletter

We’ll keep you updated on the latest trends and news

Translate »
WhatsApp WhatsApp us