Sharjah Airport International Free Zone (SAIF)
Sharjah Airport International Free Zone (SAIF Zone) is the first Airport Industrial Free Trade Zone in the UAE. Easily accessible to seaports on the Gulf of Oman and the Arabian Gulf, SAIF Zone is built close to the Sharjah International Airport, which, throughout the years has gained the enviable reputation as leading cargo hub.
Sharjah Airport International Free Zone offers highly developed infrastructure and extremely attractive incentives.
Corporate Features
Company Formation Type
- Free Zone Establishment (FZE) – an entity with a sole owner
- Free Zone Company (FZCO) – an entity owned by 2 to 5 partners
- Branch of a Foreign Company
- Branch of a UAE Residing Company
Types of Licenses
- Commercial License
- Service License
- Industrial License
- General License
Licensing Authority
Sharjah International Airport Free Zone Authority
Legislation
Sharjah International Airport Free Zone Authority
Confidentiality
Complete Confidentiality
Accounts and Audits
Minimum Share Capital
- Branch of a Foreign Company – No Minimum Share Capital required
- Free Zone Establishment (FZE) – 150,000AED Minimum Share Capital
- Free Zone Company (FZC) -150,000AED Minimum Share Capital
Taxation
No taxes
Currency
UAE Dirham
Time to Form
10 working days
Issuance of Visa
5 working days
Foreign Ownership
100%
Capital Repatriation
100%
Minimum Number of Directors
Minimum of One Director