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SAIF ZONE COMPANY FORMATION

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VAT in the UAE

12 February 2017

As announced in February 2016 by the UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer, the UAE will introduce a Value Added Tax (VAT) of 5% beginning January 1, 2018. The six other states that make up the Gulf Cooperation Council (GCC) region will also be implementing a VAT during this time and/or by January 1, 2019 at the latest [...]

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UAE Free Zones – The Key for Fulfilling Economic Substance Requirement

1 September 2016

Incorporating in the UAE offers the leverage to foreign businesses to keep up with the requirements of tax authorities for economic substance through its free zone (FZ) structures. Businesses of any size can now take the opportunity to locate their business functions in the UAE and benefit from substantial tax savings, while satisfying the criteria for economic substance. [...]

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SHARJAH AIRPORT INTERNATIONAL FREE ZONE (SAIF ZONE)

Sharjah Airport International Free Zone Company

Our commitment

  • Your Company in Sharjah Airport Free Zone in 10 working days. *
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • UAE Residency Visa for yourself and family members.
  • Your company with a bank account, including eBanking and debit card.
Contact us to register your company

Sharjah Airport International Free Zone Company main characteristics:

Company type
Free Zone Limited Lliability Company
Governing corporate legislation
Sharjah International Airport Free Zone Authority
Information published relating to company officers
No company directors names are disclosed
Confidentiality
Complete confidentiality
Accounting requirement
Accounts and auditing are required
Taxation
No corporate or personal taxation
Legislation
Sharjah International Airport Free Zone Authority 
Standard currency
UAE dirhams pegged to USD
Time to form
10 working days
Communication
Efficient means of communication
Local sponsor requirement
Not needed
Residence visa issuance
Residence visa issued
Number of directors needed
Minimum one director

Licensing types:

  • Industrial License

    Allows the investor to import raw material, manufacture, process, assemble, package and export the finished product.

  • Commercial License

    Allows the investor to import, export, distribute, consolidate and store items specified in the license. There is a maximum limit of three similar product lines.

  • General Trading License

    This allows the holder to trade in an assortment of products. This type of license can be obtained under the commercial license.

  • Service License

    Allows the investor to carry out only specified services.

The types of companies that can be registered:

  • Branch of a foreign company
  • Branch of a UAE company
  • Free Zone Est. (FZE)
  • Free Zone Co. (FZC)

Information concerning SAIF Zone

SAIF ZONE

SAIF Zone has been active since 1995. With its easy access to seaports on the Gulf of Oman (Port Khor Fakkan) and the Arabian Gulf (Port Khalid), complemented by the fact that SAIF Zone is built adjacent to the Sharjah International Airport. It enjoys strategic location. SAIF now accommodates over 5000 companies.

* Please refer to our Terms & Conditions