SAIF — Sharjah Airport Free Zone Company Setup
- Company Setup from 10,800 AED
- Registration from 1 day
- Bank account Guaranteed
- Residence visas for 2 years
About SAIF
Founded in 1995, the Sharjah Airport International Free Zone (SAIF) is currently home to more than 7,000 businesses, including the most prominent Middle Eastern enterprises.
With more than two billion people within four hours’ travel, it offers businesses great connectivity and access to a sizable consumer base. It is located just next to Sharjah International Airport. Sharjah is responsible for around 34% of the UAE’s industrial activity, highlighting SAIF’s crucial role in the region’s industrial sector.
It has the most advanced infrastructure and is among the nation’s oldest free zones. Any business can lease offices, warehouses, land, and other facilities, like SAIF’s own Jewelry Park, which offers flexibility to meet various business requirements. It is the only industrial free zone with extensive greenery in the United Arab Emirates.
There are many benefits to starting a business in SAIF, including complete repatriation of capital and profits, exemption from import and export duties, 100% foreign ownership, and exemption from personal and corporate income taxes.
The location of SAIF is ideal for trading, manufacturing, and logistics companies looking to start a business in the United Arab Emirates on a budget because it is near significant seaports and other airports, including Sharjah International Airport. Additionally, each company’s resident visa allotment is higher than in similar zones.
Is AMC suitable for your business?
— Yes If
- If you’re searching for a cost-effective business setup solution in the United Arab Emirates, especially in Sharjah, SAIF offers very low charges.
- If your company deals with manufacturing, trade, or logistics, SAIF offers great logistical options because it is close to Sharjah International Airport, other airports, and the major seaports in the United Arab Emirates.
- SAIF provides a range of fully furnished offices, warehouses, land plots, and other amenities if you’re looking for a free zone with advanced infrastructure.
- If you’re searching for a free zone with a quick and easy startup process, Company Setup in Sharjah Airport Free Zone offers a one-day formation process.
— No If
- If you want to start a business in Dubai or need a remote business setup.
- If your company’s operations are non-industrial, don’t call for logistics or storage facilities. We advise applying to Sharjah Media City or SHAMS Free Zone for similar activities.
SAIF company formation process
SAIF allows business owners to form free zone companies either on their own or with the help of a business adviser. On the day of the application, the license is immediately granted.
Step 1: Choose your business activities and license type
Choose the license type that corresponds to the business operations of your future enterprise. A successful business setup depends on this factor because selecting the incorrect license and activity might result in mistakes during company registration, making it difficult to open a bank account or get residency visas for you and your staff.
Step 2: Determine the legal entity of your business
Identify your company’s legal standing within the Sharjah Airport International Free Zone. SAIF offers three different company formation options: FZE (Free Zone Establishment), FZC (Free Zone Company), or branches of an existing domestic or international business.
Step 3: Prepare and file the required documentation
Compile the required paperwork and send it in with the application. SAIF only needs a few documents to start a company:
- Passport
- Passport-size photo
- Residential address, phone number, and e-mail of the owner
Owners of businesses can personally register their companies with SAIF. Depending on the security approval procedure, the license may be granted immediately on the day of application, or it may take a few working days. Paying all registration and processing costs is another requirement for this phase of the process.
Step 4: Collect the license and registration documents
Get the company’s license and registration documents, which include:
- Certificate of Incorporation
- Business License
- Memorandum and Articles of Association
- Investment Service Agreement
- Share certificate
- Lease agreement
Step 5: Secure your Establishment Card
Get the Establishment Card with your company’s details and visa quotations.
Step 6: Apply for an entry permit
Submit an application for a permit of entry. If you are not in the UAE when the entry permit is being processed, you will have to return within 60 days of the document’s issuance to finish the biometrics and medical examination required for your visa.
Your prior UAE tourist or resident visa status will be changed to the new one if you are in the country when the entry permit is granted.
Step 7: Take a medical test and submit visa documents
Complete a medical examination and apply for a residency visa. The number of visas available for the company’s owners and employees may vary depending on the registration package.
Step 8: Collect your Emirates ID
Once your visa is issued, secure your Emirates ID card.
Step 9: Open a bank account
To open a corporate bank account, submit an application to a UAE bank. You can begin operating your business as soon as you get your account details.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com
Send Your Inquiry
SAIF license costs
A Trading or Services license for AED 10,800 is the best deal available at the Sharjah Airport International Free Zone. In addition to having a flex desk, this package qualifies for three resident visas. In addition to the AED 1,000 cost of a PO Box, visa and other immigration expenses need to be paid individually.
SAIF 1-year license package fees
| TYPE OF LICENSE | COST, AED |
|---|---|
|
SAIF Office package (3-visa standard license + flexi-desk) |
10,800 AED |
|
SAIF Office package (3-visa Multi-Activity license + flexi-desk) |
21,150 AED |
|
SAIF Suite package (8-visa standard license + 21 sqm office) |
28,650 AED |
|
SAIF Suite package (8-visa Multi-Activity license + 21 sqm office) |
28,650 AED |
SAIF licenses and business activities
The Sharjah Airport Free Zone Business Setup includes a wide range of industries, primarily associated with trade, industry, and logistics, but it also contains certain hard-to-get service operations, including jewelry production, freight forwarding, shipping, and “investment of own funds.”
Additional fees will be required if the activities are irrelevant, although the free zone permits having several operations under the license for your Sharjah company creation. The availability of all business activities must be verified because SAIF currently does not release its activity list.
These are the business license categories that SAIF supports, along with details of each.
Commercial License: The economy is based on trade. You can create a retail, wholesale, or import-export business with a commercial license, giving you access to both domestic and international markets.
Consultancy License: With a consulting license, you can assist companies in expanding and developing by providing qualified advice to corporations and individuals in fields like finance, marketing, and business.
Technical Services License: This license enables you to offer various technical services, including equipment installation, maintenance, and repairs, to businesses and individuals in the United Arab Emirates.
Gold Trading License: Investing in gold is always rewarding. In the highly profitable business setup in UAE-free zones, purchase and sell gold and precious metals with a gold trading license.
E-Commerce License: Use social media and online platforms to sell products and services both inside and outside of the United Arab Emirates with an e-commerce license.
Only one of these categories may apply to your license. You will need to buy an extra license if you wish to mix them. E-commerce, in particular, is covered under the commercial license.
Activities also permit the production and assembly of your products, as well as the storage and consolidation of products listed in your license.
SAIF facilities
Sharjah Airport International Free Zone is one of the few free zones that provides ready-to-move-in amenities that will probably work for any company thinking about setting up business in Sharjah.
All office types have top-notch IT and telecom equipment, and the warehouses include air-conditioned offices with kitchens, pantry areas, and air conditioning. The amount of money you spend on warehouse fit-out will be minimal.
Apart from that, SAIF boasts the following facilities:
- Staff accommodation premises
- Jewelry Park
- Container parking
- Temporary warehouses
SAIF’s Jewelry Park is a comprehensive, field-focused facility for producing jewelry and trading with numerous respectable jewelry companies. Even though SAIF is mostly focused on manufacturing, it has a lot of green areas with beautiful landscaping.
SAIF residence visas
Opening a resident visa is typically required for company formation in SAIF. An employee’s visa is good for two years, and the owner’s visa is valid for three.
SAIF visa costs
| SAIF FEES | MEDICAL CHECKUP | EMIRATES ID | |
|---|---|---|---|
|
Owner/Investor |
Normal (6-8 days) 3,840 AED Urgent (3-4 days) 4,040 AED |
755 AED |
390 AED |
|
Employe |
Normal (6-8 days) 3,245 AED Urgent (3-4 days) 3,440 AED |
755 AED |
270 AED |
Employee visas require an airline ticket and a refundable deposit equal to one month’s salary. Additionally, getting a visa requires having health insurance, which is not covered by the visa fee.
A status change procedure will be applicable if you file for a resident visa while inside the United Arab Emirates on a tourist visa or if your visa was canceled. On an urgent basis, it costs AED 850 or AED 1010.
SAIF company license renewal
It is not necessary for business owners to physically visit the Sharjah Airport International Free Zone in order to renew their licenses. Usually, it takes a day.
| Fee | Cost |
|---|---|
|
SAIF Service/Trading license renewal (second year) |
13,350 AED |
Keep in mind that the cost varies according to the kind of license and the quantity of residency visas the business supports.
In order to renew your company license, get in touch with your business setup expert, who will draft an application to the free zone authorities along with the necessary paperwork, sign the updated lease, pay the renewal fees, and watch for the license to be renewed. The documents include:
- Original business license
- PO Box renewal receipt
- Audit report
SAIF company amendments and regulations
You can change the company at any time and as many times as you need to if necessary. Amendments to SAIF cannot be implemented without a resolution from shareholders or Power of Attorney holders.
| Service | Cost |
|---|---|
|
Changing a manager |
2,000 AED |
|
Adding/removing the director |
2,000 AED |
|
Shares transfer |
10,000 AED |
|
Changing the financial year |
500 AED |
In addition to the above changes, you can change the company’s name or operations, designate or remove employees, etc.
SAIF company liquidation
Company liquidation at the Sharjah Airport International Free Zone is an organized process that necessitates a significant amount of documentation to verify that the business has no outstanding debts. You must pay the liquidation charge, which covers the cost of publishing a newspaper notice, in order to finish the process.
| Service | Cost |
|---|---|
|
SAIF company liquidation |
5,500 AED |
The liquidation procedure will be the following:
1. Provide the following mandatory documents:
- A board resolution explaining the reasoning behind the company’s liquidation and signed by the shareholders
- Documentation for deregistration
- The business license and all other documents related to the incorporation of the company
- SAIF Facilities Management Department and SAIF Immigration Department clearance letters
- Customs Clearance Letter
- Auditor Liquidation Certificate
- Audit report
Make additional payments and pay cancellation fees. The liquidation process begins after this is completed.
Additionally, all residency visas issued by the business need to be canceled.
You will be informed when the liquidation is finished and given the relevant paperwork.
The SAIF corporation liquidation process takes about 15 to 20 days to complete. Additionally, the corporate bank account must be closed. You will receive a refund following the liquidation if there is a balance on the account.
You may go through this process fast and easily if you work with us. The liquidation process can be carried out remotely, so you don’t even need to travel to Dubai. For account opening, visa procedures, and medical examinations, you will have to travel to the United Arab Emirates.
Conclusion
Establishing your business in SAIF (Sharjah Airport Free Zone) through JSB Incorporation offers a seamless, efficient, and strategically advantageous pathway to success in the UAE market. Meet our business setup consultants in Dubai today to learn more.
SAIF is renowned for its investor-friendly policies, modern infrastructure, and excellent connectivity, making it a prime choice for entrepreneurs and companies aiming to expand their operations.
FAQs
SAIF Zone allows trading, industrial, and service-based businesses to operate.
No minimum capital is required for most business setups in SAIF Zone.
Passport copies, a business plan, and proof of address are typically required.
Yes, SAIF Zone allows businesses to sponsor visas for employees and dependents.
SAIF Zone provides offices, warehouses, land for lease, and smart office solutions.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com