Business Setup in Sharjah International Airport Free Zone (SAIF) 

Sharjah International Airport Free Zone (SAIF)

SAIF Zone is a dynamic Free Zone which provides a viable business arena for businesses of all types. It supports business operations by providing easy access to seaports, cargo airports, and warehouses.

With its close proximity to Sharjah International Airport, one more cargo airport, and 5 container ports, it is one of the Free Zones in the Emirates that make it easy for entrepreneurs to conduct business and never worry about logistics.

It is a well-known fact that starting a business whether in the UAE or anywhere in the world, can be a tedious task. You are required to have knowledge of the UAE business registration laws and regulations and most of the times it involves lengthy paperwork. My Business Consulting DMCC leveraging 11 years’ experience in UAE Free Zone Companies formation, optimizes the process of business set up in Sharjah by providing professional business consultancy and support to Clients.

ADVANTAGES OF BUSINESS SETUP IN SAIF ZONE

TYPES OF LICENSES IN SAIF ZONE


Commercial License:import, export, distribution, consolidation, storage, or warehousing of goods specified in the license, it is important to note that the maximum permitted limit is three similar product lines or company activities.


General Trading License: can be acquired under a commercial license that permits a large number of products.



Service License: allows the holder to carry out service fixed in the license only. All types of services are allowed unless they are forbidden by the Federal or Local Authorities.


Industrial License: import of raw materials, fabrication, processing, assembling, packaging, and export the finished goods.

ADVANTAGES OF BUSINESS SETUP IN SAIF ZONE

  • No corporate or personal income tax

  • Quick and reasonably priced licensing

  • Share capital is not necessary to be paid up

  • Get started quickly with 24-hour licensing service.

  • A well-situated zone with an easy access to cargo airports and seaports

  • 100% repatriation of all capital and profits including 100% free transfer of funds

  • 100% foreign ownership allowing you to own your business exclusively without any local partners

  • A wide range of facilities can be found here for all business types: warehouses, single offices, manufacturing units, and industrial plots are just a few to name

TYPES OF LICENSES IN SAIF ZONE

  • Commercial License: import, export, distribution, consolidation, storage, or warehousing of goods specified in the license, it is important to note that the maximum permitted limit is three similar product lines or company activities.

  • General Trading License: can be acquired under a commercial license that permits a large number of products.

  • Service License: allows the holder to carry out service fixed in the license only. All types of services are allowed unless they are forbidden by the Federal or Local Authorities.

  • Industrial License: import of raw materials, fabrication, processing, assembling, packaging, and export the finished goods.

BUSINESS REGISTRATION FEES IN SAIF ZONE

One of the early tasks of starting a business is to understand the initial costs. Discover below the different expenses you will incur when starting a business in the Sharjah International Airport Free Zone (SAIF).

Helping our clients to successfully set up companies all over the UAE for ten years in a row, we can propose you the best-customized business setup packages, provide you with the latest information on all ongoing offers, propose you a variety of the best facilities in SAIF, assist you on the whole way of company formation and ensure professional support after the business license is obtained. Request your quote today and get the hyper-personalized proposal from our Business Setup Experts!

1. Type of License and Registration Fees

LICENSE TYPE ANNUAL FEES
Trading or Service License / Specific Industrial License AED 7,500
Freight Forwarding License AED 8,500
Precious Metal / Chemical Trading / 3rd Party Logistics AED 10,000
Oil & Gas Trading / Real estate / Aviation / Shipping / General Trading /
Investment of Own Financial Resources
AED 15,000

REGISTRATION TYPE ONE TIME FEE
FZE (1 shareholder) or FZC (2 or more shareholders) −
applicable for packages with warehouse facility
AED 10,000
Branch AED 5,000

2.Type of Facilities

FACILITY TYPE FEES
SAIF Desk
(3 Visas eligibility)
AED 10,000
SAIF Office
(5 Visas eligibility)
AED 5,000
SAIF Desk
(3 Visas eligibility)
AED 15,000
SAIF Office
(5 Visas eligibility)
AED 20,000
SAIF Suite, 21 sqm
(6 Visas eligibility)
AED 34,000
SAIF Suite, 24 sqm
(10 Visas eligibility)
AED 39,000
SAIF Warehouse, 125 sqm
(15 Visas eligibility)
AED 60,000
SAIF Warehouse, 250 sqm
(25 Visas eligibility)
AED 110,000
SAIF Warehouse, 400 sqm
(35 Visas eligibility)
AED 160,000
SAIF Warehouse, 600 sqm
(45 Visas eligibility)
AED 205,000
SAIF Industrial Plot, min. 2,500 sqm AED 25 per sqm
Refundable Lease Deposit:
SAIF Desk/Office
SAIF Suite or SAIF Industrial Plot/Land
SAIF Warehouse
N/A
AED 3,500
AED 5,000
Refundable Utility charge (for warehouse only)
125 sqm
250 sqm
400 sqm
600 sqm
AED 3,000
AED 5,000
AED 7,000
AED 10,000
Miscellaneous Cost:
SAIF Desk/Office
SAIF Warehouse
SAIF Plot/Land
AED 3,300
AED 6,300
AED 8,300

3. Miscellaneous Documents

Immigration Card Fees (ANNUAL) AED 1,400
P.O. Box Annual Fees (ANNUAL) AED 1,070

4. Residence Visa in SAIF Zone

In case you would like to apply for the UAE Residence Visa inside UAE, you can just apply for the Status Change service, which will not require you to exit the country so that you could enjoy the hassle-free process. Employment Visa Guarantee Deposit is required in SAIF and is calculated as Actual 1-month Salary + equivalent Cash of One-way Ticket.

SERVICES FEES
Investor Visa Fees (Valid for 3 years) AED 4,040
Employment Visa Fees (Valid for 2 years) AED 3,440
Employment Visa Guarantee Deposit
(one-way airfare ticket cost) + 1-month full salary
AED 1,200
Visa Status change
Investor Visa
Employee Visa

AED 1,010
AED 860
Medical Test, Emirates ID, photo AED 1,250

Note:
*The company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be AED 2,150 and AED 5,000 for the deposit, which will be refunded in case of company liquidation.
*Salary Security Deposit for Employees is required, the amount should be equal to the salary amount plus AED 2,000.

5. My Business Consulting DMCC Service Packages

Want to start a new business venture at Sharjah International Airport Free Zone or any other Free Zone in the UAE? Let My Business Consulting DMCC help you in getting familiar with SAIF Zone laws and regulations that will help you develop the right corporate structure and support network on which your business can grow. Call us today to request a proposal or to find out more about Free Zone company formation.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee
AED 2,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

5. My Business Consulting DMCC Service Packages

Want to start a new business venture at Sharjah International Airport Free Zone or any other Free Zone in the UAE? Let My Business Consulting DMCC help you in getting familiar with SAIF Zone laws and regulations that will help you develop the right corporate structure and support network on which your business can grow. Call us today to request a proposal or to find out more about Free Zone company formation.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

Additional Fees (if applicable)

For Corporate Shareholder or Branch AED 10,000
For a Physical Office Procedures (optional) AED 5,000
For Administrative Power of Attorney AED 1,500/per shareholder
For Companies having more than 2 shareholders 1,500 AED/per additional shareholder

Note: Fees are the subject for additional 5% Value Added Tax (VAT).