Business Setup in Sharjah International Airport Free Zone (SAIF) 

Sharjah International Airport Free Zone (SAIF)

Sharjah International Airport Free Zone (SAIF)

GOV COST VISA COST SERVICE COST

SAIF Zone is a dynamic Free Zone which provides a viable business arena for businesses of all types. It aims at supporting business operations by providing easy access to seaports, cargo airports, and warehouses. The infrastructure has been built to cater to a wide spectrum of business requirements.
With its close proximity to Sharjah International Airport, it is one of the Free Zones in the Emirates that make it easy for entrepreneurs to conduct business. This is achieved by improving the speed of service and encouraging simplicity in the process of company setup in the UAE.
It is a well-known fact that starting a business whether in the UAE or in 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 paper work. My Business Consulting DMCC leveraging 10 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.

Strategic Location for Conducting Businesses of All Types

SAIF Zone came into existence in 1995 becoming the first Airport Free Zone in the Middle East. With five container ports and two cargo airports located close to this Free Zone, business owners never have to worry about logistics. It has grown exponentially since its inception because of the robust infrastructure it has built for investors and because of the ease with which business can be established in this Free Zone.
With just 55 companies to begin with, SAIF Zone is now home to more than 6,500 businesses. It continues to grow and expand in its operations enabling business owners to take advantage of its strategic location and strong infrastructure.

ADVANTAGES OF BUSINESS SETUP IN SAIF ZONE

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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

SAIF Zone Facilities

SAIF Zone encourages businesses of all types to operate from this region. Whether you are looking for a single office space or you are in search for an entire manufacturing facility, SAIF Zone may have the solution you have been looking for.
From warehouses and storage areas to container parking and labour housing, everything is covered at a reasonable price without any concessions to their quality.
If you are planning to setup business in the SAIF Zone then it is ideal to take the help of a business consultancy which can guide you through the steps and ensure that you comply with the laws and regulations in the course of setting up and operating your business in UAE.
My Business Consulting DMCC has a team of experts committed to providing personalized consultancy, support and management services to investors interested in a new company formation in Sharjah Airport International Free Zone or any of the Free Zones in the UAE.

TYPES OF LICENSES


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


General Trading License – can be acquired under a commercial license which 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.

Contact us now for professional business consulting services and support in setting up your business successfully.

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CALCULATING YOUR COMPANY IN SHARJAH AIRPORT INTERNATIONAL FREE ZONE

One of the early tasks of starting a business is to understand the initial costs. This page simplifies business setup costs by breaking them down into the different expenses you will incur when starting a business in the SAIF Zone.
My Business Consulting DMCC has been helping Clients setup and run business successfully in UAE Free Zones for 10 years already. We have a strong and experienced team of professionals who ensure that the entire process of starting a business in the UAE is simplified for investors.

1. Type of License and Registration Fees

LICENSE 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 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

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

2.Type of Facility

SAIF Desk (eligible of 3 visas) AED 15,000
SAIF Office (eligible of 5 visas) AED 20,000
SAIF Suite (size: 21 sqm - eligible of 6 visas) AED 34,000
SAIF Suite (size: 24 sqm - eligible of 10 visas) AED 39,000
SAIF Warehouse (size: 125 sqm – eligible of 15 visas) AED 60,000
SAIF Warehouse (size: 250 sqm -eligible of 25 visas) AED 110,000
SAIF Warehouse (size: 400 sqm- eligible of 35 visas) AED 160,000
SAIF Warehouse (size: 600 sqm -eligible of 45 visas) AED 205,000
SAIF Industrial Plot (size: min. 2,500 sqm) 25 AED 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

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

Miscellaneous Cost

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

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

3. 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 (AED)
Investor Visa Fees (Valid for 3 years) 4,377
Employment Visa Fees (Valid for 2 years) 3,677
Employee Visa Guarantee Deposit 2,000 + 1-month basic salary
Visa Change Status 850
Medical Test, Emirates ID & Photo 1,240
MBC Service Fees 2,500

Note:

  • Fees are the subject for 5% Value Added Tax (VAT).

  • Company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be 2,150 AED and 5,000 AED 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 2,000 AED.

4. My Business Consulting DMCC Service Packages

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 - 5,000 AED

Additional Fees:

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

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

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

+ 7,500 AED
Service Fee		 + 2,500 AED
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).
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 - 5,000 AED

Additional Fees:

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

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

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
+ 7,500 AED
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

+ 2,500 AED
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).

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Want to start a new business venture in the SAIF 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!