SAIF Zone is a dynamic Free Zone which provides a viable business arena for businesses of all types. It aims at supporting business operations by providing easy access to seaports, cargo airports, and warehouses. The infrastructure has been built to cater to a wide spectrum of business requirements.
With its close proximity to Sharjah International Airport, it is one of the Free Zones in the Emirates that make it easy for entrepreneurs to conduct business. This is achieved by improving the speed of service and encouraging simplicity in the process of company setup in the UAE.
It is a well-known fact that starting a business whether in the UAE or in anywhere in the world, can be a tedious task. You are required to have knowledge of the UAE business registration laws and regulations and most of the times it involves lengthy paper work. Business Lex Group leveraging 15 years’ experience in UAE Free Zone Companies formation, optimizes the process of business set up in Sharjah by providing professional business consultancy and support to Clients.
Strategic Location for Conducting Businesses of All Types
SAIF Zone came into existence in 1995 becoming the first Airport Free Zone in the Middle East. With five container ports and two cargo airports located close to this Free Zone, business owners never have to worry about logistics. It has grown exponentially since its inception because of the robust infrastructure it has built for investors and because of the ease with which business can be established in this Free Zone.
With just 55 companies to begin with, SAIF Zone is now home to more than 6,500 businesses. It continues to grow and expand in its operations enabling business owners to take advantage of its strategic location and strong infrastructure.
BENEFITS OF BUSINESS SETUP IN SAIF ZONE
No corporate or personal income tax
Quick and reasonably priced licensing
Share capital is not necessary to be paid up
Get started quickly with 24-hour licensing service
A well-situated zone with an easy access to cargo airports and seaports
100% repatriation of all capital and profits including 100% free transfer of funds
100% foreign ownership allowing you to own your business exclusively without any local partners
A wide range of facilities can be found here for all business types: warehouses, single offices, manufacturing units, and industrial plots are just a few to name
TYPES OF LICENSES
Commercial License – import, export, distribution, consolidation, storage or warehousing of goods
speciﬁed in the license, it is important to note that maximum permitted limit is three similar product lines or company activities.
General Trading License – can be acquired under a commercial license which permits a large number of products.
Service License – allows the holder to carry out service fixed in the license only. All types of services are allowed unless they are forbidden by the Federal or Local Authorities.
Industrial License – import of raw materials, fabrication, processing, assembling, packaging, and export the ﬁnished goods.