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What is Business Setup in the SAIF Zone?

Business setup in Sharjah Airport International Freezone (aka SAIF Zone) means establishing a company within this strategic zone for tradingindustrial, and service businesses. It allows entrepreneurs and investors to benefit from 100% foreign ownership, tax exemptions, and a valid trade license, enabling legal operations across the UAE.

By setting up a company in the SAIF Zone, you gain access to a business-friendly ecosystem. This includes support for office solutions, banking, visas, and government-approved services. This setup not only strengthens business credibility but also enables smooth connections with local and international markets.

Why Choose Sharjah Airport International Freezone for Company Formation?

Sharjah Airport International Freezone (SAIF Zone) offers a prime business-friendly environment in the UAE. With strategic airport access, tax benefits, and modern infrastructure, it attracts startups and international companies alike. These advantages make it a popular option for business setup in UAE free zone locations.

Here are the key reasons why SAIF Zone is the ideal choice for your business setup:

  • Strategic Location: Adjacent to Sharjah International Airport, SAIF Zone offers unparalleled connectivity. The airport handled over 4.2 million passengers in the first quarter of 2024 (Q1 2024), underscoring its role as a vital logistics and trade hub. 
    • Attractive Tax and Ownership Benefits: SAIF Zone provides 100% foreign ownership, full repatriation of profits and capital, exemption from personal and corporate income taxes, and no currency restrictions. These benefits make it an attractive destination for international investors seeking favorable business conditions. In the UAE, VAT (5%) applies to transactions in mainland/UAE, unless exempt.
  • Robust Infrastructure: The freezone boasts state-of-the-art facilities, including pre-built warehouses, furnished office spaces, customs clearance services, and on-site banking. These amenities support diverse business activities and contribute to a seamless operational experience.
  • Proven Growth and Global Appeal: In 2024, SAIF Zone attracted over 1,600 international companies, reflecting its global appeal and robust business environment. 
  • Long-Term Lease Agreements: Investors benefit from 25-year lease agreements, with the option to extend, providing long-term stability for business operations.
  • Comprehensive Business Support: SAIF Zone provides a range of business support services, including assistance with company formation, visa processing, and other administrative tasks, ensuring a smooth setup process.
  • Access to Skilled Labor: The zone offers access to a skilled and diverse labor pool, facilitating easy recruitment for various business needs. 

SAIF Zone offers a compelling blend of strategic location, tax advantages, cost-effectiveness, and infrastructure. It’s an ideal choice for businesses aiming to establish a strong presence in the UAE. Entrepreneurs can also explore business formation in the Sharjah Free Zone to leverage the free zone’s benefits for trading, industrial, or service activities.

Different Types of Company Structure in the SAIF Zone

SAIF Zone offers flexible company structures for all kinds of businesses. Choosing the right structure ensures compliance, limits liability, and streamlines operations. Below are the main types:

  • Free Zone Establishment (FZE): A Free Zone Establishment (FZE) is ideal for a single owner. It allows one shareholder to start and operate a business with limited liability. It is perfect for individual entrepreneurs or small businesses and can be used for commercial, service, or industrial activities.
  • Free Zone Company (FZC): FZC works well for multiple partners. It allows 2 to 5 shareholders to share ownership while maintaining limited liability. This structure suits small to medium-sized businesses and supports trading, industrial, or service activities. Whether you’re an individual entrepreneur or planning a partnership, contact Safe Ledger to help you choose between an FZE or FZC.
  • Branch of a Foreign or UAE Company: This structure enables established companies to expand quickly into the SAIF Zone. The branch mirrors the parent company’s structure, and shareholders remain fully liable for the branch. It allows companies to perform activities permitted for the parent company and is ideal for businesses entering the UAE market.
  • Branch of a UAE Company: UAE-based companies can establish a branch in the SAIF Zone to access free zone benefits. The branch is considered part of the parent company and allows expansion operations within the free zone. It shares the rights and responsibilities of the parent company.

Each structure differs in shareholders, capital, liability, and licensing. Choose the one that fits your business needs.

License Types in the SAIF Zone

SAIF Zone offers a variety of licenses to accommodate different business activities. Selecting the right license ensures legal compliance and smooth operations. Key license types include:

  • Commercial License: This license allows companies to trade goods and products within the UAE and internationally. Businesses engaged in buying, selling, importing, or exporting must obtain a commercial license.
  • Service License: A service license permits companies to offer professional or specialized services. This includes consultancy, IT services, marketing, media, and other service-based activities.
  • Industrial License: Industrial licenses allow businesses to carry out manufacturing, production, or processing activities. Companies in the light industry, warehousing, or assembly sectors require this license. Additionally, various specialized licenses that fall under the prime types and cater to specific business needs are:
  • E-Commerce License: This license is for businesses operating online stores or digital platforms. It allows companies to sell products and services via e-commerce channels within and outside the UAE.
  • General Trading License: This license enables companies to trade a wide range of products under a single license. It is suitable for businesses dealing with multiple categories of goods.
  • Freight Forwarding / Shipping License: This license is designed for logistics, shipping, and freight forwarding companies. It covers activities related to the movement of goods nationally and internationally.
  • Jewelry Manufacturing License: Specific to the jewelry sector, this license allows businesses to manufacture and process jewelry items.
  • Business Consultancy License: This license allows firms to offer professional advisory services across sectors such as management, IT, and finance.

Entrepreneurs seeking business setup services online in the UAE can choose the appropriate license type remotely, ensuring smooth registration without visiting the free zone physically.

Documents Required for SAIF Zone Company Setup

Company formation in the Sharjah Airport International Freezone (SAIF Zone) is straightforward when you have all the required documents ready. Proper preparation ensures a smooth registration process and speeds up approvals. Many entrepreneurs leverage business setup services in Sharjah to ensure all documentation is complete, notarized, and attested according to UAE regulations.

  • Passport copies of all shareholders and managers
  • Visa copies (if applicable)
  • Proof of residence of shareholders
  • No Objection Certificate (NOC) from current sponsor (for UAE residents)
  • Business plan outlining company activities
  • Trade Name Reservation Certificate that  confirms the availability of your chosen company name
  • Initial Approval Certificate, which authorizes you to proceed with company formation
  • Memorandum and Articles of Association (MOA/AOA) outlining company structure and operations
  • Lease agreement for office or warehouse space within the SAIF Zone
  • Bank reference letter verifying financial standing
  • Specimen signatures of shareholders and managers
  • Passport-sized photographs of shareholders and managers
  • Corporate documents (for FZC/FZE setups)
  • Board Resolution (for branch offices)
  • Power of Attorney (POA) for authorized company representatives
  • Proof of capital investment showing minimum capital requirements
  • Customs registration (if applicable for import/export activities)
  • Audit report (for existing companies transferring to the SAIF Zone)

How to Set Up a Company in Sharjah Airport International Freezone?

SAIF Zone business setup is streamlined, offering 100% foreign ownership, tax exemptions, and rapid licensing. With a single-window approach, you can obtain your license within an hour. Follow these step-by-step instructions to ensure a smooth and successful company formation process.

Step 1: Choose Your Business Activity

  • Select from commercial, industrial, or service sectors.
  • Determine the specific activity to define your license type.
  • Some activities may require special approvals (e.g., trading, manufacturing, education, or medical services).
  • SAIF Zone supports a wide range of business activities.

Some business activities, such as import/export and medical & healthcare services, in the SAIF Zone may require special approvals from the relevant UAE authorities. Always verify your chosen activity before applying to avoid delays or rejections.

Step 2: Select a Company Structure

  • Choose from Free Zone Establishment (FZE), Free Zone Company (FZC), or a branch of a foreign/UAE company.
  • FZE allows 1 shareholder, FZC allows 2–5 shareholders, and a branch mirrors the parent company.
  • Consider liability implications. FZE/FZC has limited liability.

Note: Ensure that all documents are complete, notarized, and attested if required, as incomplete or incorrect documents can delay the setup process.

Step 3: Reserve Your Trade Name

  • Ensure the name follows UAE naming conventions.
  • Avoid religious, political, offensive, or duplicate names.
  • Submit the name reservation request to the SAIF Zone authorities.

Step 4: Prepare Required Documents

  • Gather all necessary documents for your company formation. Refer to the “Documents Required for SAIF Zone Company Setup” section for the complete list.
  • For foreign corporate shareholders, also include the certificate of incorporation and board resolution.

Step 5: Submit Application and Pay Fees

  • Submit the completed application form with all required documents.
  • Pay the registration and licensing fees.
  • Fees vary depending on the license type and additional services.

Step 6. Obtain Initial Approval

  • SAIF Zone authorities review your application and documents.
  • Approval usually takes 1–2 working days.
  • Authorities may request clarifications or additional documents.

Step 7: Sign the Lease Agreement

  • Choose from executive offices, warehouses, or flexi-desks.
  • Sign the lease agreement for your selected facility.
  • Lease term is usually 1 year minimum, renewable.

Step 8: Receive Business License

  • Complete all formalities to receive your business license.
  • Licenses are usually issued electronically; physical copies are available on request.
  • business license allows you to operate legally within the SAIF Zone.

Step 9: Apply for Visas

  • Apply for employee and investor visas.
  • SAIF Zone issues visa quotas based on license type and office size.
  • Visa processing typically takes 2–3 weeks.

Step 10. Set Up Your Office

  • Furnish and equip your office space according to business needs.
  • Set up utilities, IT infrastructure, and other facilities.
  • Ensure compliance with safety and regulatory inspections.

Proper planning and preparation let you quickly establish your business, benefit from tax exemptions, and operate in a strategic location with excellent infrastructure.

What are the SAIF Zone Company Formation Costs?

Company registration in the SAIF Zone offers a cost-effective and efficient pathway for entrepreneurs. The freezone provides various packages tailored to different business needs, ensuring flexibility and scalability. 

Below is a breakdown of the typical costs associated with setting up a business in the SAIF Zone:

Facility Type Annual Rent (AED) License Fee (AED) Additional Costs (AED) Total Estimated Cost (AED)
SAIF Desk
7,700
7,500
17,450
32,650
SAIF Office
12,200
7,500
21,750
41,450
SAIF Executive Office
15,650
7,500
21,750
44,900
SAIF Suite
28,650
7,500
28,200
64,350
SAIF Warehouse
48,000
7,500
Varies
66,500+

Note: Total estimated cost includes annual rent, license fee, establishment card, visa processing, PO Box, and other standard setup fees. Actual costs may vary based on visa numbers, office size, and additional services.

What are the Business Activities Permitted in Sharjah Airport Free Zone?

SAIF Zone allows a wide range of business activities to accommodate various industries. Choosing the right activity is essential because it determines your license type, office requirements, and regulatory approvals. The free zone permits activities across commercial, service, industrial, and specialized sectors.

  • Trading Activities: Import, export, and distribution of goods. This includes electronics, garments, food items, consumer products, and general merchandise.
  • Service Activities: Professional and consultancy services such as IT solutions, marketing, media, legal, financial, HR, and business advisory.
  • Industrial and Manufacturing Activities: Light manufacturing, assembly, packaging, printing, and processing of products.
  • E-Commerce Activities: Online retail, digital platforms, and online service provision, allowing companies to sell locally and internationally.
  • Logistics and Shipping Activities: Freight forwarding, shipping services, and warehousing solutions for import and export operations.
  • Specialized Activities: Jewelry manufacturing, education and training services, medical services, and other niche sectors requiring specific approvals.

Legal Requirements for SAIF Zone Company Formation

Establishing a company in the SAIF Zone requires compliance with specific legal requirements. Key requirements include:

  • Minimum Shareholder Requirement: You must have at least one shareholder. For a Free Zone Company (FZC), the number of shareholders can range from 2 to 5.
  • Share Capital: The minimum share capital depends on the company structure and business activity. For most service or trading activities, the minimum is AED 10,000. Industrial activities may require higher capital.
  • Local Address / Office Requirement: Companies must have a registered office within the SAIF Zone. Options include flexi-desks, executive offices, or warehouses, depending on your business activity.
  • Trade Name Approval: Your company name must comply with UAE naming conventions. Names cannot contain religious, political, or offensive terms.
  • License Type: You must select a license that matches your business activity, such as commercial, service, industrial, or e-commerce.
  • Required Documentation: Submit documents such as passport copies of shareholders and managers, proof of residence, business plan, No Objection Certificate (if applicable), Memorandum & Articles of Association (MOA/AOA), and bank reference letters.
  • Regulatory Approvals: Certain activities may require additional approvals from UAE authorities, especially for industrial, medical, or educational services.
  • Compliance with UAE Laws: Your company must adhere to all local labor, immigration, and business laws, including visa quotas, employee contracts, and health and safety regulations.

Note: Non-compliance with any of the legal requirements can delay your company formation or result in fines and restrictions. Always verify requirements with the SAIF Zone authorities before submitting your application.

Authorities Involved in Business Setup in SAIF Zone

Establishing a company in the Sharjah Airport International Free Zone involves coordination with several key authorities . Here’s an overview of the primary entities involved:

1. Sharjah Airport International Free Zone Authority (SAIFZA): 

SAIFZA is the primary authority responsible for overseeing business setup within the free zone. Their services include:

  • Issuance of trade licenses (commercial, service, and industrial).
  • Approval of company names and business activities.
  • Provision of office spaces, warehouses, and other facilities.
  • Processing of visa applications for investors and employees.
  • Offering support for customs and logistics operations.

SAIFZA also aims to provide a streamlined process for businesses, with the possibility of securing licenses and permits within a short timeframe.

2. Federal Authorities

Depending on the nature of the business, certain activities may require approval from federal entities. For instance:

  • UAE Central Bank: For financial institutions or businesses dealing with monetary transactions.
  • Ministry of Health and Prevention (MOHAP): For healthcare-related businesses.
  • Ministry of Climate Change and Environment (MOCCAE): For businesses involved in environmental or agricultural activities.

These federal bodies ensure that businesses adhere to national standards and regulations.

3. Sharjah Municipality

This authority ensures that businesses comply with building codes, health and safety standards, and other local regulations. They may be involved in approving business premises and conducting inspections.

4. Immigration and Visa Authorities

The UAE’s immigration departments process visa applications for investors, employees, and their dependents. They ensure that all personnel meet the legal requirements to reside and work in the UAE.

Banking and Finance Support for SAIF Zone Companies

Sharjah Airport International Freezone (SAIF Zone) offers comprehensive banking and financial support to help businesses operate efficiently. Access to banking services, financing options, and streamlined financial processes is essential for companies to manage operations effectively.

  • Corporate Bank Accounts: Companies can open UAE corporate accounts with local and international banks, supporting multiple currencies for international transactions.
  • Minimum Deposit Requirements: Some banks may require a minimum deposit to open an account, especially for foreign-owned companies.
  • Account Opening Timeline: Banks typically take 2–4 weeks to open a corporate account for free zone companies due to compliance and regulatory checks.
  • Required Documentation: Banks usually request a copy of your SAIF Zone trade license, Memorandum of Association (MOA), shareholder documents, and proof of business activities.
  • Signatory and Board Resolutions: Banks often require board resolutions to authorize account signatories and corporate banking operations.
  • Online and Mobile Banking: Internet and mobile banking allow seamless management of payments, transfers, and payroll.
  • Ultimate Beneficial Owner (UBO) Declaration: Banks require a UBO declaration in line with UAE Anti-Money Laundering (AML) regulations.
  • Merchant Accounts and Payment Gateways: Businesses involved in e-commerce, trading, or industrial services can set up merchant accounts to accept online payments.
  • Business Loans and Financing: Banks provide working capital loans, trade finance, and project-based funding for eligible SAIF Zone companies.
  • Corporate Cards and Credit Facilities: Access to corporate credit cards helps manage expenses and streamline payments.
  • AML & CFT Compliance: Banks perform Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) checks before activating accounts.
  • Additional Licensing for Financial Activities: Companies dealing with e-wallets, payment gateways, or financial consulting may require approvals from UAE regulatory authorities, including the Central Bank.
  • Investment and Advisory Services: Some banks provide advisory support to help businesses manage investments, risk, and financial planning.

By fulfilling these requirements, SAIF Zone companies can access full banking services, manage finances efficiently, and expand operations with confidence in the UAE market.

Taxation & Financial Regulations in Sharjah Airport International Freezone

Sharjah Airport International Freezone (SAIF Zone) provides a favorable tax environment and clear financial regulations, making it attractive for both local and international investors. Understanding these rules ensures businesses remain compliant and optimize financial planning.

  • Corporate Tax Exemption: Companies operating in the SAIF Zone enjoy 0% corporate tax on profits for most business activities, in line with the UAE free zone policies. However, if a company’s profits exceed AED 375,000, the excess is subject to the standard UAE corporate tax rate of 9%.
  • Personal Income Tax Exemption: Shareholders and employees are not subject to personal income tax, allowing full repatriation of salaries and profits.
  • Customs Duties and VAT: Companies importing or exporting goods benefit from customs facilitation within the free zone. VAT (currently 5%) applies only to transactions conducted within the UAE mainland or with UAE VAT-registered entities.
  • Full Repatriation of Capital and Profits: Investors can transfer profits and capital abroad without restrictions, supporting international business operations.
  • Regulatory Compliance: Companies must maintain proper accounting records and submit financial statements when required by the SAIF Zone authorities.
  • Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT): Businesses must comply with UAE AML and CFT regulations, including Ultimate Beneficial Owner (UBO) disclosure requirements.
  • External Audits (if applicable): Certain business activities or corporate structures may require annual audits by licensed auditors to ensure compliance with financial regulations.
  • Banking Regulations: SAIF Zone companies must adhere to the UAE Central Bank and financial institution guidelines for corporate accounts, loans, and electronic transactions.

Note: While SAIF Zone offers significant tax advantages, businesses engaging in mainland UAE operations or specific regulated activities may have additional tax or regulatory obligations. Always contact a financial advisor or SAIF Zone authority to ensure full compliance.

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Frequently Asked Questions (FAQs)

Q-1. What is the SAIF Zone?

Sharjah Airport International Freezone (SAIF Zone) is a free economic zone in Sharjah designed to attract local and international businesses. It offers: 

  • 100% foreign ownership
  • Tax exemptions
  • Modern infrastructure
  • Strategic access to Sharjah International Airport

This makes it ideal for trading, service, and industrial companies seeking a UAE business presence.

Q-2. Who can set up a company in the SAIF Zone?

Both local and foreign investors can establish a company in the SAIF Zone. Entrepreneurs, SMEs, and multinational corporations across trading, industrial, and service sectors are eligible. 

The free zone supports individual owners (FZE), partnerships (FZC), and branches of foreign or UAE companies, offering flexible structures tailored to the number of shareholders and business requirements.

Q-3. What types of licenses are available in the SAIF Zone?

SAIF Zone offers Commercial, Service, Industrial, E-Commerce, General Trading, Freight Forwarding, Jewelry Manufacturing, and Business Consultancy licenses. 

Each license type permits specific activities, and companies must select the one that aligns with their business operations. Multiple related activities can be included under a single trade license, subject to authority approval.

Q-4. What business structures can I choose in the SAIF Zone?

SAIF Zone supports: 

  • Free Zone Establishment (FZE) for single owners
  • Free Zone Company (FZC) for 2–5 shareholders
  • Branches of foreign companies
  • Branches of UAE companies

Choosing the right structure affects shareholder liability, capital requirements, visa eligibility, and operational flexibility. FZE and FZC offer limited liability for shareholders.

Q-5. What are the minimum requirements for setting up a company in SAIF Zone?

The basic requirements include: 

  • At least one shareholder
  • A minimum share capital (usually AED 10,000 for trading or service companies)
  • A registered office in the SAIF Zone
  • Trade name approval
  • A suitable license

Certain activities may require additional regulatory approvals from the UAE federal or local authorities.

Q-6. What documents are required for company formation?

Key documents include: 

  • Passport copies of shareholders and managers
  • Proof of residence, a business plan
  • Memorandum & Articles of Association (MOA/AOA)
  • No Objection Certificate (if applicable)
  • A bank reference letter

Corporate shareholders must also submit a certificate of incorporation and board resolution.

Q-7. How long does it take to set up a company in the SAIF Zone?

Company formation in the SAIF Zone is relatively quick, often completed within 1–2 weeks if all documents are in order. Initial approval can take 1–2 working days, followed by trade license issuance, office setup, and visa processing. 

Timelines may vary depending on business activity and additional regulatory approvals.

Q-8. Can I get visas for employees in the SAIF Zone?

Yes, the SAIF Zone allows investor, employee, and dependent visas. Visa allocation depends on license type, office size, and number of shareholders. The process includes medical testing, Emirates ID registration, and labor card issuance. 

Visa processing typically takes 2–3 weeks if all documentation is complete.

Q-9. What are the taxation benefits in the SAIF Zone?

SAIF Zone companies enjoy 0% corporate and personal income tax for most business activities. Profits and capital can be fully repatriated. If a company’s profits exceed AED 375,000, the excess is subject to the standard UAE corporate tax rate of 9%.

However, companies operating in the UAE mainland or certain sectors outside the free zone are subject to 9% federal corporate tax on taxable profits. VAT applies only to mainland transactions.

Q-10. Can foreign companies open a branch in the SAIF Zone?

Yes, foreign companies can open a branch to expand operations in the UAE market. The branch mirrors the parent company’s structure, and the parent’s shareholders remain responsible for branch liabilities. Branches must comply with SAIF Zone regulations and select a license that matches their intended business activities.

Q-11. Are there restrictions on business activities in the SAIF Zone?

Some business activities may require special approvals from relevant UAE authorities, especially in industrial, medical, educational, or environmental sectors. Companies must ensure their chosen activity aligns with their trade license. Operating outside the approved scope may lead to fines or legal penalties.

Q-12. How can I get banking and financial support in the SAIF Zone?

SAIF Zone companies can open corporate accounts with local and international banks. Services include multi-currency accounts, online banking, merchant accounts, corporate credit cards, and business loans. 

Banks may require a trade license, an MOA, shareholder documents, and UBO declarations. Some financial activities may need additional regulatory approvals from the UAE Central Bank.

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