Sharjah Airport International Free Zone

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Sharjah Airport International Free Zone

The Sharjah Airport International Free Zone (SAIF Zone) was established in 1995 with advanced infrastructure to attract investments to the Emirate of Sharjah. It is conveniently located near the Sharjah International Airport and easily accessible to seaports on the Indian Ocean and Arabian Gulf. The zone is at the crossroads of major trading routes, offering excellent sea, land, and air transport links and access to over two billion consumers across the GCC, CIS, Asian subcontinent, Africa, Mediterranean, and Europe. The stable government, proactive policies, solid industrial base, and attractive incentives have attracted many foreign investments to SAIF Zone and Sharjah.

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Advantages of Setting Up In SAIF Free Zone

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Business Licence Formation in SAIF Free Zone

An individual or a corporate entity can set up and do business in the Sharjah Airport International Free Zone by being registered in any of the following legal forms:

  • Free Zone Establishment (FZE): the entity with one shareholder
  • Free Zone Company (FZC): the entity with 2 to 5 shareholders
  • Branch of a Foreign Company
  • Branch of a Local Company

Setting Up Process at Saif Zone

Business License Types in SAIF Zone

Starting a business in the SAIF Zone involves planning, decision-making, legal structure selection, and workforce estimation. It can have individual, corporate, or both shareholders who must sign documents with SAIF Zone representatives during the incorporation process.

  • Industrial License
  • General Trading License
  • Service License
  • Commercial License

Saif Zone License Activities / selection

The Sharjah Airport International Free Zone (SAIF) offers a wide range of business activities, including industry, trading, logistics, shipping, freight forwarding, jewelry manufacturing, and fund investment. Company formation in Sharjah requires registration for multiple activities, but additional fees apply. SAIF does not provide an activity list, so availability needs checking your license can only belong to one category. If you mix it, an additional license is required. E-commerce falls under the Commercial license, and activities include storage, consolidation, manufacturing, and assembly.

Business Infrastructure Sharjah Airport Free Zone

  • Business facilities are available for companies registered in the Sharjah Airport Free Zone
  • Pre-built Offices
  • Pre-built Warehouses
  • Temporary Storage Area
  • Land on Lease
  • Bunkers
  • Labor Accommodations

SAIF 1-Year License Package Fees Sharjah Airport Free Zone

TYPE OF LICENSE COST

  • 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 Zone License Renewal / Liquidation

Mehar Business Solution, part of Silver Oak Group, offers a hassle-free and cost-effective solution for SAIF Zone License Renewal and company liquidation.

  • The process involves preparing the application form, preparing the tenancy contract for office space renewal, making the required payment,
  • Submitting required documents to SAIF Zone for review and approval and coordinating the renewal process.
  • The company must renew the trade license annually, pay the required fee, and renew the tenancy contract.
  • Failure to renew may result in fines or license cancellation. Silver Oak Group, as the registered agent of SAIF Zone, handles company renewal and related services.

Requirements For Termination Of Company In Saif Zone

The company's termination in the SAIF Zone requires an application for company closure and board resolution, along with charges for late liquidation, publication notice, and immigration card and visa cancellation. Clearances from the Post Office, SAIF Zone facilities, Visa Department, and Customs, a liquidation certificate from the auditor, and original company documents are required.