Sharjah International Airport Free Zone (SAIF) Company Formation
- 100% Business Ownership & Capital Repatriation
- Strategic Location
- Business licences that start at AED 11,000
Why Setup a Company in Sharjah International Airport Free Zone (SAIF) ?
Established in 1995, Sharjah International Airport Free Zone (SAIF) , has the largest cargo airport in the Middle East and Africa region. Business setup in SAIF offers an attractive proposition as Sharjah accounts for over one-third of UAE’s industrial activity. SAIF houses more than 6,500 Sharjah Airport free zone companies with access to an industrial park, prebuilt and temporary warehouses and labour accommodation.
Speak to our Business Setup Consultants in UAE and understand the numerous benefits that Sharjah International Airport Free Zone companies can avail. If you are looking for any alternative solutions, have a look at RAK free zone company setup or company formation in ADGM in Abu Dhabi.
Skwer Group Experts will guide you through the company formation in Sharjah Free Zone process from start to finish!
Benefits of Sharjah Free Zone Companies
100% Business Ownership and Capital Repatriation
Leasing Options
24 Hour Licensing Service
Competitive Rates
100% Ownership
Simplify Your UAE Business Setup: License Categories and Activities in SAIF Free Zone
SAIF offers three major license categories, each tailored to distinct business objectives:
- Trading License
- Services License
- Industrial License
Your license can be categorized exclusively under one of these options. If you intend to mix activities from different categories, an additional license must be acquired. Notably, E-commerce activities fall under the Service license.
Comprehensive License Categories:
SAIF offers a trio of essential license categories:
- Trading
- Service
- Industrial
Choose the one that aligns best with your business objectives.
Diverse Business Activities:
SAIF boasts an extensive list of business activities, encompassing even elusive options such as “Investment of own funds”. The range includes storage, consolidation, manufacturing, and assembling of specified products, adding versatility to your business scope.
Activity Variability:
While SAIF does not publicly share its activity list, the availability of business activities should be verified. Although multiple activities can be accommodated within a single license, additional fees apply if they are unrelated.
Consider SAIF for your company setup if you’re aiming to excel in trading, services, or industrial ventures. With its specialized license categories and broad business activity offerings, SAIF empowers you to thrive within a dynamic business landscape.
Quick & Easy Company Setup Process
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Business Licenses Offered by SAIF Free Zone
General Trading
License for import, export, storage, and distribution.
Real Estate
License for all real estate activities.
Tourism
License for business in the tourism and hospitality sector.
Agriculture
License for companies in agriculture sector.
E-commerce
License for providing services in selling of good online.
Types of Ownership
01
Free Zone Establishment Limited Liability Company (FZE-LLC – Single Shareholder)
02
Free Zone Company (FZCO – Multi Shareholders)
03
Branch of Local Company
04
Branch of a Foreign Company
Main Characteristics of a SAIF Business Setup
| Characteristic | Description |
|---|---|
| Company Legislation | Sharjah Airport International Free Zone Authority (SAIF) |
| Time to Incorporate | 7-10 working days |
| Possibility of Migration | No |
| Tax Rate | No |
| Shareholders | 1- 5 maximum |
| Residency Requirements | Yes, for Manager only |
| Share Capital | AED 150,000 There is no minimum capital required if you are only setting up a branch of a foreign or local company in SAIF free zone. |
| Bearer Shares | No |
| Beneficial Ownership Disclosure | Shareholder, Director and Manager details are provided to SAIF Authority, but are not publicly available |
| Directors | 1 Individuals only (Minimum 1, Shareholder can be the Director) |
| Manager | One (individual) |
| Secretary | One (individual) |
| Local Presence Requirements | Yes, for Manager only |
| Availability of Shelf Companies | No |
| Meetings | No |
| Annual General Meetings | Yes |
| Annual Accounts | Yes |
| Filing of Accounts | No |
| Audit Requirement | Yes, must be filed with Registrar at time of licence renewal |
| Registered Office Required | Yes |
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Documents Required for Company Formation in SAIF
| Requirements: | Status |
|---|---|
| Business Plan |  |
| Copy of shareholder(s) passport and CV copy | |
| UAE Residence visa and Emirates ID copy | |
| Utility bill copy | |
| CV/Resume | |
| NOC from existing sponsor | |
