Business Setup in Sharjah Airport International Free Zone
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The United Arab Emirates is one of the world’s most exponentially growing economies. Out of many free zones in the UAE, the SAIF zone is an aggressive free zone offering a feasible platform for various businesses. SAIF zone business setup facilitates enterprise operations by granting a simple gateway to seaports, cargo airports, and warehouses. Since this zone is located in the airport area, it has one strategically located cargo airport and five ports, making it the most logistically feasible free zone in the UAE. Likewise, many factors make this zone an attractive area for investors looking for opportunities to start their business in the Middle East.
GBS is an experienced business formation firm offering clients expert business advice and support in establishing Free Zone Companies in Dubai and other emirates in the UAE. Backed by years of experience and with knowledgeable professional staff, we streamline the method of SAIF zone company formation in a worry-free and cost-effective way. Furthermore, we offer expert VAT advisory, accounting consultancy, Shared CFO, and ESR filing services. Get in touch with our team of business setup consultants today!
Company Setup Procedure
- Identify the legal form of the company to be registered.
- Select an activity from the activity list.
- Apply for name and initial approval.
- Payment of fees.
- Sign company registration and incorporation documents.
- Apply for a residence visa.
Documents Required
The requirements for a business set up in Sharjah Airport International Free Zone depends on whether a shareholder is an individual or corporate entity. The basic requirements are:
- Passport copy (colored)
- EID & residence visa (colored)
- Passport size photo with white background
- NOC from the sponsor
Major Benefits
- 100 percent foreign ownership
- Capital repatriation at 100%
- Possible exemption from corporate tax
- 0% personal income tax. No import, export, re-export fees, or customs duties.
- Extensive range of business activities.
- Freedom to select the project’s legal form.
- Strategic geographical location.
- Various commercial and industrial facilities.
- Flexible solutions for using logistical resources.
Characteristics of Company Setup
- Proposed activity: Trading/Service/Industrial activities
- License available: Commercial trading/General trading, Service & Industrial license are available
- Type of entities: FZE ( single shareholder), FZC and Branch.
- A shareholder can be individuals or corporate entities
- Individuals only (min one. shareholder can also be a Director)
- Share capital: AED 150,000/- (150 shares of AED 1,000/- each) and AED Nil/- in the case of the Branch office.
- Annual audit report is mandatory to submit.
Estimated time: 2 to 3 working days to obtain the company’s trade license and register a company.
After receiving a security clearance, the immigration card will likely take another 7–10 working days, and average visa processing times range from 7–10 working days.
Company Setup Cost
SAIF Zone Business Setup begins from AED 18,500/-
Our business serves as a one-stop shop for all company formation services. Many people and corporations have received assistance from Global Business Services in setting up their businesses in SAIF Zone. Get in touch with us via call or email!
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in SAIF Zone.
Important Notes
In the case of a corporate shareholder, the document must be legalized at the UAE Embassy.
After receiving a license, immigration card, and entry permission, the shareholder or director would need to return to the UAE, in order to get the visa stamped on their passport. Depending on how quickly the procedure moves, this could need them to stay in the UAE for 5 to 7 working days.
Every year, the company immigration/establishment card must be renewed.
Investors must have a share capital of AED 75,000 to qualify for a family status visa, and AED 60,000 to qualify for an Owner/Investor/Partner visa.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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AVANTAGEHeadquarters
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OUR LOCATIONSWhere to find us?
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Copyright © 2020 Global Business Services.