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 12 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.
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
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.
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).
THE INFINITE OPPORTUNITIES OF DUBAI
UAE FREE ZONES
AJMAN FREE ZONE AUTHORITY (AFZ)
DUBAI MULTI COMMODITIES CENTER (DMCC)
DUBAI SOUTH FREE ZONE (ex.DUBAI WORLD CENTRAL)
DUBAI WORLD TRADE CENTER (DWTC)
JEBEL ALI FREE ZONE AUTHORITY (JAFZA)
KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD)
RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ)
BANK ACCOUNTMANAGEMENT
A bank account is definitely one of the most important requisites of starting a business. The UAE is home to various local and international banks that provide a wide range of services and facilities once you open a bank account. By opening a bank account in Dubai or any other Emirate for that matter, you get the option to open corporate & personal bank accounts for residents, bank accounts for non-residents, offshore bank account, fast and secure online banking, debit/credit cards, cheque books and locker facilities.
READ MORECORPORATEFINANCE
While UAE offers a business friendly environment for foreign investments, you may not be familiar with the accounting system practiced in the country. Hence, a large number of foreign business acquire bookkeeping services to ensure that audits and compliance.
At My Business Consulting DMCC, we provide a complete suite of accounting services to help all types of business maintain focus on their operations. With more than 12 years of experience in the UAE, our accounts are qualified to provide you with:
EMIRATES RESIDENTVISA SUPPORT
The United Arab Emirates (UAE) is a global leader in business and residence, where having an Emirates ID entitles you to engage in various lucrative opportunities. Getting a UAE residence visa means that you can avail tax exemptions, high standards of life, and excellent opportunities for business development backed by economic and political stability. At My Business Consulting DMCC, we provide our clients with residency support to help them find their feet and start life in the UAE.
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