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Sharjah Airport Free Zone
An Ideal Business Hub
P.O.Box 8000, Sharjah, UAE


Phones:
+971 6 557 0000
Timing:
24/7
www.saif-zone.com
info@saif-zone.com


ABOUT SAIF ZONE

Dedicated to quality and excellence, Sharjah Airport International Free Zone (SAIF) is the symbol of efficient operations- the better alternative for business ventures in the UAE and beyond.Easily accessible to seaports on the Indian Ocean (Port Khor Fakkan) and the Arabian Gulf (Port Khalid), SAIF-Zone is built adjacent to the Sharjah International Airport. With features as unique as these, it is little wonder that SAIF-Zone has registered phenomenal growth since its inception in 1995 with over 4100 companies operating out of it.

SAIF is a hub that offers excellent sea, land and air transport links with access to over two billion consumers across the GCC, the CIS, Asian sub-continent, parts of Africa, the Mediterranean and Europe.SAIF is a business savvy set-up with state-of-the-art facilities including pre-built warehouses in a choice of sizes, fully furnished and air conditioned Executive Offices (office space), container parking area, temporary storage capability, land on lease for unrestricted development, and a host of other features.

WHY SAIF ZONE

Tax Incentives
  • 100% Corporate tax exemption
  • 100% Import & Export Tax exemption
  • 100% Personal Income Tax exemption
  • No customs duty
Investment Incentives
  • 100% Foreign company ownership
  • 100% Repatriation of capital and profits
  • Access to over 1.5 billion consumers with rapidly increasing demand
  • Abundant and inexpensive energy
  • Easy availability of inexpensive workforce
  • Competitive business incentives
  • Competitive pricing
Competitive Advantages
  • Strategic location
  • 24-hour hotline for equipment and provision of labour
  • Sponsorship & visas for all staff
  • Highly qualified bilingual staff
  • Access to ports in the Arabian Gulf & Indian Ocean
  • International air links across the world via Sharjah International Airport
Permitted Activities
  • Trading activities
  • Consultancy activities
  • Industrial and manufacturing activities

COMPANY REGISTRATION

To operate from within the SAIF-Zone, a company has to be incorporated. The Legal Status of the companies in SAIF-Zone are classified as here under.

Legal Status
1.Branch of a Company:
Companies established in U.A.E or a foreign country may establish a branch in SAIF-Zone. Branches are of two types classified as hereunder
1.1 Branch of a Foreign Company
A company situated in a foreign country, if so authorised by it's documents, can establish a branch of their company in SAIF-Zone. The SAIF-Zone branch of such company shall have the same name as that of the parent company.
1.2. Branch of a U.A.E (Local) Company
A company established in U.A.E, if so authorised by it's documents, can establish a branch of their company in SAIF-Zone. The SAIF-Zone branch of such company shall have the same name as that of the parent company.

2.Free Zone Company (F.Z.C)
Two or more legally capable persons natural or juridical can establish a Free Zone Company in SAIF-Zone with a minimum capital of AED.150,000/- or it's equivalent in US Dollars. In normal cases the maximum number of shareholders is up to 5 and if approved by the SAIF-Zone management the maximum number of shareholders can go up to 7 shareholders. Liability shall be limited to the FZC's share capital.

3.Free Zone Establishment (F.Z.E)
A legally capable person natural or juridical can establish a Free Zone Establishment in SAIF-Zone. In other words there shall be only one owner (shareholder) in a Free Zone Establishment. The minimum amount of capital required is AED.150,000/- or it's equivalent in US Dollars. Liability shall be limited to the FZE's share capital

TYPES OF LICENSES

Investors can avail different types of licenses in order to do business in the SAIF-Zone.
Industrial License - Allows the investor to import raw material, manufacture, process, assemble, package and export the finished product. (Subject to clearance from SAIF-Zone Health & Environment Dept.)
Commercial License - Allows the investor to import, export, distribute, consolidate and store items specified in the license. There is a maximum limit of three similar product lines.
General Trading License - As the name suggests, a large number of products fall within its ambit. This type of license can be obtained under the commercial license.
Service License - Allows the investor to carry out only specified services. (Unless restricted by the federal or local authorities, all types of services are allowed within the SAIF-Zone).

LEASING AND LICENSING PROCEDURES

Keeping red tape and procedural hazards to the minimum, SAIF-Zone offers its patrons a single window solution to all their requirements. Within 24 hours of submission of the requisite documents, all licenses and permits are issued.

Registration is done in three easy steps:
Step One - Presenting complete documents and project outline to the Marketing and Sales Dept.
Step Two - Receiving the approval letter, paying the leasing amount and signing the lease agreement with the Marketing and Sales Dept.
Step Three - Receiving your license, lease agreement and keys of the premises from the Lease and Licensing Dept.

Documents required for Company Registration

Branch of a foreign company
1. Application Form
2. Project Summary
3. Passport copies of owners/managers
4. Certificate of Incorporation/Registration
5. Memorandum and Articles of Association or equivalent
6. Board resolution to open a branch in the SAIF-Zone and power of attorney appointing the person(s) to be in charge.
7. Bank Statement of account for the last 3 months.
8. Balance Sheet (for the last 2 years if applicable)

Branch of an UAE company
1. Application Form
2. Project Summary
3. Passport copies of owners/managers
4. Certificate of Incorporation/Registration
5. Board resolution to open a branch in the SAIF-Zone and power of attorney appointing the person(s) to be in charge.
6. Bank Statement of account for the last 3 months.
7. Balance Sheet (for the last 2 years if applicable)

Free Zone Est. (FZE)
1. Application Form
2. Project Summary
3. Passport copies of owners/managers
4. Minimum Capital of AED 150,000/-

Free Zone Co. (FZC)
1. Application Form
2. Project Summary
3. Passport copies of owners/managers
4. Minimum Capital of AED 150,000/-

NOTE :
- Documents 4 to 6 must be notarized and attested by the ministry of Foreign Affairs and by the U.A.E Embassy in the country of origin and/or the relevant embassy in the UAE (for Branch of a foreign company) or if the owner / share holder is an entity of an FZE/FZC;
- Letter of local auditor in U.A.E. confirming acceptance of their appointment is required for FZE/FZC companies;
- SAIF-Zone reserves the right to obtain additional documents, required.



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