- 0509827955
- info@silveroakauditing.com
Sharjah Airport International Free Zone
How to Set Up a Business in Sharjah Airport International Free Zone (SAIF Zone)
The Sharjah Airport International Free Zone (SAIF Zone), established in 1996, is a well-established and reputed free zone in the UAE, located 20 minutes from Dubai International Airport. Starting at USD 2,960 for a saif desk package, it offers state-of-the-art facilities, air-conditioned executive suites, pre-built warehouses, office space, lease land for private development, bunkers, container parking, and temporary storage space. SAIF Zone provides specific manufacturing, assembling, packaging, import, re-export, and global trade facilities. It also offers value-added activities such as an on-premise bank, logistics support, and in-house customs checks for investors.
Features of SAIF Zone
The Sharjah Airport International Free Zone (SAIF Zone) is a popular free zone in the United Arab Emirates. It offers businesses a range of benefits, including a seamless company setup, infrastructural facilities, and proximity to Sharjah International Airport.
- Licensing, sponsorship, and visa processing for the investor’s staff is fast and simple.
- Labor and energy at low costs
- Accommodations for workers on site at a low cost
- Computer and online portal training consultancy
- Business advisory services and legal assistance
- Couriers operating internationally
- Licensed traffic and licensing office
- Customs office available
- Petrol stations, banks, restaurants, post offices, travel agencies, clinics, etc.
The city provides transportation, secretarial, and security services for its citizens.
How to setup a company in SAIF ZONE?
The Sharjah International Free Zone (SAIF Zone) offers a simple process for entrepreneurs to set up a company. The investor must submit necessary documents to the Free Zone Authority, including a passport, application form, share-holder certificate, and business license fee. Once approved, they will receive company documents and a trade license. Team Silver Oak Auditing and Accounting can assist with preparing applications, investor contracts, memorandums of association, tenancy contracts, and residence visa assistance. The zone also offers a variety of office space packages and business licenses for entrepreneurs.
Type of SAIF Zone Business Licenses
Sharjah Airport International Free Zone offers various business licenses for investors, including general trading and manufacturing licenses, with a robust business support infrastructure. The zone has three broad company license categories: Trading, Manufacturing, and Services.
- Commercial license:
- General trading license:
- Service license:
Commercial license:
The Commercial License category is a highly sought-after business license for businesses in the SAIF Zone. It covers the import, export, distribution, consolidation, storage, and warehousing of items specified in the license.
General trading license:
A General Trading License allows investors to sell multiple goods under a single trade license, making the SAIF Zone and the Free Zone ideal for establishing a trading company in the UAE.
license Packages:
- Saif Desk Package: This is the most affordable business setup package and is ideal for small businesses.
- Saif Executive Office Package: This package is ideal for businesses that require a dedicated office space.
- Saif Suite Package: This package is ideal for businesses that require a larger office space or a combination of office and warehouse space.
- Saif Warehouse Package: This package is ideal for businesses that require warehouse space.
SAIF SUITE PACKAGE
The Special Package Includes :
- Dedicated, Fully Furnished Office
- License Fee Waived Off
- The quota for 10 visas
- Utility Charges
- Signboard
SAIF ZONE OFFICE LICENSE PACKAGE
Special Package Includes:
- Shared Desk
- Utility Charges
- The quota for 5 visas
- Signboard
WAREHOUSES
The Sharjah Airport International Free Zone provides investors with various custom-built warehouses with built-in office spaces designed to meet commercial and industrial needs. Heavy equipment like forklifts and carriers can be hired to move goods efficiently. The zone also offers lay-by areas and transport routes for easy transfer of goods. An in-house customs checkpoint ensures easy clearance of goods entering and leaving the Free Zone.
Immigration Card & VISA Cost in SAIF Zone
- FEE IN AND URGENT
- E-Channel Registration & Refundable Deposit: 3,245
(Deposit: AED 1,050) - Company Immigration Card Fee & security Approval: AED 1,760
- Investor Visa Cost Visa Fee & Emirates ID: Normal: 3,937; Urgent: 4,337
- Employee Visa Cost, Visa Fee & Emirates ID: Normal: 3,782; Urgent: 4,182
- Medical Fee: 200
- Visa Stamping Cost: 510
- An employee visa requires a refundable one month’s salary deposit and a one-way air ticket.
- The Investor Visa Normal process typically takes 6–8 working days, while the Urgent process takes 3–4.
- Medical normal will take two working days, while urgent will take one working day.
- Visa stamping typically takes 6–8 working days, while urgent stamping takes 3–4 working days.
- Medical insurance is mandatory and not included in the visa fee.
PRO Service in SAIF Zone
Silver Oak Auditing and Accounting is an authorized business consultant that offers PRO services to over 600 companies in the Sharjah Airport Freezone (SAIF Zone). Our team of experts guides various procedures and payments, including closing companies, renewing licenses, audit reports, investor visa assistance, employee visa assistance, family visa assistance, import export code, chamber of commerce registration, and tax residency certificates. Our team handles administrative tasks related to the Free Zone on behalf of the company, including new visa applications, Emirates ID application filing, new residence visas, special approvals, customs registration, ESR filing, and VAT filing. Investors can receive a special discount on the PRO Services package from Silver Oak to help grow their business in the SAIF Zone.
License Renewal in SAIF Zone
The renewal requirements for SAIF ZONE Company are as follows:
- Original Trade License
- Audit Report
- P.O Box Renewal Receipt
- License Renewal Fee
- Authorization letter to collect renewed license
Company Liquidation in SAIF Zone
The company liquidation process in the SAIF Zone involves a structured process, starting with the investor preparing a board resolution to liquidate the company, which involves returning original company documents, including trade licenses, incorporation certificates, memoranda of association, tenancy certificates, and investor agreements. If missing documents are found, a lost record certificate can be obtained from the police station and submitted to the free zone. The process also involves:
- Collecting NOCs from Port and Customs.
- Etisalat.
- Submitting an Auditor Certificate for Liquidation.
- The process takes 15–20 days.
The company must submit a request letter and board resolution signed by all directors and attested by the UAE Consulate. The company must also pay the SAIF Zone Liquidation Fee, which includes late fees, publication notice fees, immigration card cancellation fees, and visa cancellation fees. A clearance letter from the SAIF Zone facilities management, visa department, and customs is required. Office keys must be handed over to the SAIF Zone authority, and outstanding payments must be cleared. Original company documents must be returned to the SAIF Zone.
More Free Zones Available for Company Formation