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Company Setup in SAIF Zone (Sharjah Airport International Free Zone)

Company Setup in SAIF ZoneEstablished in 1996, Sharjah Airport International Free Zone (SAIF Zone) is located next to Sharjah International Airport, and one of the most reputed and well – established Freezone in UAE. Sharjah Airport Free Zone is just 20 minutes drive from Dubai International Airport. Cost or fee for a new company setup in SAIF Zone start from USD 3,722 for saif desk package.

Sharjah Airport International Free Zone is an ideal place to setup a company in Sharjah, UAE. Company Formation in SAIF Zone is ideal for all type of businesses, which require fast, efficient and a trouble-free working environment. Company Setup in SAIF Zone has numerous advantages for investors on the financial and operational front. The Free Zone offers state-of-the-art facilities with air-conditioned and furnished executive suites with a reception at a low cost.

The Free zone also offers pre-built warehouses in four sizes with adjacent office space. It has lease land for unrestricted private development, bunkers, container parking area and temporary storage space.

SAIF Zone provides specific facilities for manufacturing, assembling, packaging, import, re-export, and global trade. The Free Zone offers a host of value-added activities to the investors such as an on premise bank, logistics support, in-house customs checks, and more.

AURION headquarters is located at Sharjah Airport Freezone, adjacent to administration building. We are authorized consultants by SAIF Zone and we could set up your company within two days with the minimum requirements and cheapest cost.

How to setup a company in SAIF ZONE?

Company Setup in SAIF Zone is a straightforward process that investors must follow. It starts with identifying the right business activity and submitting the required documents (passport copy, photo in white background).

The business license fee must be paid to the Free Zone Authority. Upon approval from the Free Zone Authority, the investor will receive the company documents and the trade license.

1) Select the legal structure – Individually owned stand-alone company/ Subsidiary/ Branch of a  Foreign company

2) Identify the Business Activity

3) Discuss the Business plan with a Business Consultant based at SAIF ZONE

4) Submit Application, Passport copy

5) Obtain Company documents attested by Freezone

Why Aurion?

AURION headquarters is located at Sharjah Airport Freezone. It is adjacent to the administration building. Being the Registered Agent of SAIF ZONE, Aurion will set up your company within two days with the minimum requirements and cheapest cost.

Team Aurion will assist you in preparing the complete company formation process. Dedicated PRO Agents will guide the investors starting from:

  • Preparation of the application form
  • Investor Contract and finalizing the business plan
  • Preparing the Memorandum of association
  • Tenancy contract for office space
  • Residence visa assistance
  • Bank Account opening assistance, and more.

Based on the investor’s nature of the business the team will assist the company setup in SAIF Zone. The team will help in choosing the right business activity, business license type, office space requirements, etc.

Sharjah Airport International Free Zone offers a comprehensive list of office space packages business licenses for entrepreneurs to set up their companies easily.

TYPE OF SAIF ZONE BUSINESS LICENSES

Sharjah Airport International Free Zone has various types of business licenses for the investors based on their nature of business activity. From general trading license to manufacturing license, the Free Zone has a robust business support infrastructure. SAIF Zone business setup has three broad company license categories the Trading, Manufacturing and the services.

1. TRADING LICENSE IN SAIF ZONE

Trading license is a popular business license category that many investors choose from the Free Zone. SAIF Zone is a popular trading hub of the Middle East and facilitates global trade. There is a commercial and General Trading License that traders choose according to the nature of products intending to trade.

Commercial license:

Commercial License category is one of the most sough-after business license for business setup in SAIF Zone. It includes the import, export, distribution, consolidation, storage, warehousing of items specified in the commercial license.

General trading license:

Using a General Trading License, the investor can sell a large number of permitted goods under a single trade license. SAIF Zone is the perfect choice for establishing a trading company. The Free Zone has the perfect business infrastructure to establish a trading company in UAE.

2. MANUFACTURING LICENSE IN SAIF ZONE

The Free Zone is an ideal location for companies to start a manufacturing plant or an assembling unit. Investors can obtain an Industrial License from the Free Zone and lease the land or customize a warehouse for the specific business requirement.

Industrial license:

Activities allowed for this license are Import of raw materials, manufacturing, processing, assembling, packaging and exporting the finished product (Clearance from SAIF Zone Health & Environment Department is required). AURION is the Registered Agent for SAIF Zone and will assist you in obtaining the right warehouse and business activities from the Free Zone for you to set up the desired company.

3. SERVICES LICENSE IN SAIF ZONE

Service license:

Service license allows the holder to carry out service specified in the license only within the SAIF-Zone. All type of services is allowed within the SAIF-Zone unless otherwise restricted by the Federal or Local authorities.

Consultancy License is one of the most in-demand service license categories in the Free Zone. SAIF Zone offers a range of business activities in the services category and also a host of customized office packages. Investors can obtain fully furnished office space 25 sq. m from the Free Zone at special discounted rates due to the ongoing promotions.

SAIF ZONE BUSINESS SETUP COST

SAIF Zone offers cheapest Business Setup Packages with 3 Visa quota starting from AED 10,800.

1. SAIF OFFICE LICENSE PACKAGE

Total fee after discount (Valid till 30th June, 2022):  AED 10,800

Actual license cost without discount: AED 13,660

Special Package Includes:

  • Shared Desk
  • Utility Charges
  • Quota for 3 visas
  • Signboard

Note:- Discount Applicable for 1st year only.

2. SAIF EXECUTIVE OFFICE PACKAGE 

Total license cost after discount (Valid till 30th June, 2022):  AED 15,650

Actual fee without discount: AED 23,160

Special Package Includes:

  • Dedicated Office
  • License Cost Waived Off
  • Quota for 5 visas
  • Utility Charges
  • Signboard

Note:- Discount Applicable for 1st year only.

3. SAIF SUITE PACKAGE

Total license fee after discount (Valid till 30th June, 2022):  AED 28,650

Actual license cost without discount: AED 36,160

Special Package Includes:

  • Dedicated Fully Furnished Office
  • License Fee Waived Off
  • Quota for 8 visas
  • Utility Charges
  • Signboard

Note:- Discount Applicable for 1st year only.

* Visa and PO Box charges are not included in the above Fee. PO Box charge approx. AED 1000 per year.

4. WAREHOUSES 

The Sharjah Airport International Free Zone offers the investors a wide selection of custom build warehouses with built-in office spaces. The warehouse layouts are designed in a way to handle all commercial and industrial requirements of the clients.

The Investors can also hire the SAIF Zone heavy equipment like the Fork Lifts, Carriers, and other facilities to facilitate the movement of goods from in and out of the warehouse. There are dedicated lay-by areas and transport routes for the transfer of goods around the Free Zone and outside.

SAIF Zone has an in-house Customs Checkpoint for easy clearance of Goods entering and leaving the Free Zone. To know more about SAIF Zone Warehouses read: Warehouses in UAE

VISA Cost in SAIF Zone with SAIF ZONE VISA FEES

Government Fee for E-Channel Registration, Immigration Card Fee, SAIF Zone Investor Visa Cost, Employee Visa Cost in SAIF Zone, Medical and Emirates ID Cost etc are given below:

DESCRIPTION NORMAL
FEE IN AED
URGENT
FEE IN AED
E-Channel Registration & Refundable Deposit.
*Limited time offer (Actual Fee: 7,135)
4,635
Company Immigration Card Fee & Immigration pre-approval
1,660
Investor Visa Cost
(3 year)
Visa Fee
3,840
4,040
Emirates ID (3 year)
370
Employee Visa Cost
(3 year)
Visa Fee
3,360
3,760
Emirates ID (2 year)
370
Medical Fee
Nil
200
Visa Stamping Cost
Nil
510

* For employee visa Refundable Deposit of 1 month salary & one-way air ticket is required.
* Investor Visa Normal will take 6 – 8 working days & Urgent will take 3 – 4 working days
* Medical Normal will take 2 working days & Urgent will take 1 working day
* Visa Stamping will take 6 – 8 working days & Urgent will take 3 – 4 working days

PRO Service / Visa Assistance in SAIF Zone

Our Headquarters is located at the entrance of SAIF Zone and we provide PRO Service to more than 600 companies in Sharjah Airport Freezone (SAIF Zone). Prompt completion of work and perfect delivery is the hall mark of AURION. Our PROs guide the Clients perfectly so that they don’t get surprised by any procedures or payments at any department.

We are experts in closing company in SAIF Zone, renewal of license in SAIF Zone, Audit report arrangement, Investor Visa assistance, Employee Visa assistance, and family visa assistance. Our PROs assist in import export code, chamber of commerce registration, tax residency certificate etc.

PRO Services in SAIF Zone is an essential requirement for every company registered in the Free Zone. AURION’s team of experts will handle all the administrative tasks related to the Free Zone on behalf of your company.

New visa application to Emirates ID application filing, new residence visa, getting special approvals. customs registration, ESR Filing, VAT Filing, etc., there is a range of Pro SERVICES in SAIF Zone that investors would require at various stages of their company tenure.
Get the special discount PRO Services package from AURION and seamlessly grow business in SAIF Zone.

License Renewal in SAIF Zone

Renewal of License for SAIF zone company is done annually. It doesn’t require the presence of shareholders in the UAE. SAIF ZONE registered agent like AURION can support in getting the License renewed.

Requirements for the renewal of SAIF ZONE Company

  1. Original Trade License
  2. Audit Report
  3. P.O Box Renewal Receipt
  4. License Renewal Fee
  5. Authorization letter to collect renewed license

Company Liquidation in SAIF Zone

Company Liquidation in SAIF Zone is a structured process that includes a series of steps. The investor must prepare the Board Resolution to liquidate the company as the first step.

Along with this resolution, all the original company documents like Trade License, Incorporation Certificates, Memorandum of Association, Tenancy Certificate, Investor Agreement, etc., shall be given back to the authorities.In case of any missing company documents, Aurion Team will assist in obtaining a lost record certificate from Police Station and submit it in the Freezone. Upon submission of all these documents, freezone will initiate facility clearance process. In the meantime, NOC from Port and Customs, Etisalat etc shall be collected. Auditor Certificate for Liquidation showing no liability for company has to be submitted.

All the visas under the company have to be cancelled. Now, the company is ready to be liquidated. It takes around 15 to 20 days for the whole company liquidation process. After the liquidation process, the client will get back refund if there is any balance in company account.

SAIF Zone Company Liquidation Steps

  1. Request letter & Board Resolution – Board Resolution sould be signed by all the directors of the company. (If the owner/shareholder is a foreign Company, Board Resolution should be attested by UAE Consulate from the Country of Origin.)
  2. SAIF Zone Liquidation Fee –
    DESCRIPTIONS FEE
    Late Liquidation Fee (If 3 months notice is not given)
    AED 5,000
    Publication notice fee
    AED 500
    Immigration Card Cancellation Fee (if applicable)
    AED 510
    Visa cancellation – inside country (if applicable)
    AED 510
    Visa cancellation – outside country (if applicable)
    AED 595
  3. Requirement of Clearances Letter –
    Clearance letter from the SAIF Zone facilities Management,Visa department & Customs.
  4. Liquidation letter from Auditor
  5. Office keys must be handed-over to SAIF Zone authority.
  6. All outstanding payments must be cleared.
  7. Original company documents (Trade License, Tenancy Contract, MOA, Certificate of Incorporation, Investment Service Agreement & Share Certificate) must be return to SAIF Zone.
  8. Submit a request letter for refund (if any credit balance / lease deposit is there).

AURION professionals can assist in the entire process of liquidation.