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SAIF Zone. SAIF Zone Company Formation

Worldwide Incorporation Services specializes in SAIF Zone – Sharjah Airport International Free Zone Company Formation, establishment of branches of local and foreign companies, opening bank accounts and visa processing services.

SAIF Zone – General Information

Emirate: Sharjah.

Country: UAE.

Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.

Time Zone: UTC+4.

Currency: Emirati dirham (AED).

SAIF Zone – Overview

Welcomed business activities

All business activities are welcomed by SAIF Zone.

Key Benefits of SAIF Zone Company Formation

SAIF Zone Company Formation – Legal Entities

The SAIF Zone Authority allows three types of business setups:

Free Zone Establishment

A Limited Liability Establishment incorporated in SAIF Zone, owned by one natural or juridical person with a distinct legal entity

Free Zone Company

A Limited liability company incorporated in SAIF Zone, by more than one shareholder with a distinct legal entity

Branch

For existing companies wishing to establish a base in SAIF Zone

Required Documents for SAIF Zone Company Formation

  • Project Summary
  • Passport copy of owners/managers
  • A minimum company capital of AED 150,000/- to be deposited in any bank in the UAE
License can be issued without the bank certificate specifying the capital of the company however, in case a Share Certificate or the Incorporation Certificate of the company to be issued is required, then a client will need to submit the bank certificate as well as auditor’s appointment letter without which the same cannot be issued.
 
* SAIF Zone reserves the right to obtain additional documents if required.

 

Types of License in the SAIF Zone

The categories of license available within the SAIF Zone are:

Trade License

Commercial License

Import, Export, Distribution, consolidation, storage or warehousing of items specific in the license, Maximum limit is three similar product lines.
 
General Trading
 
General Trading license can be obtained under a commercial license which allows a large number of products.

Service license

Service license allows the holder to carry out service specified in the license only. All type of services are allowed unless otherwise restricted by the Federal or local authorities.

Industrial license

Import of raw materials, manufacturing, processing, assembling, packaging and exporting the finished product.

SAIF Zone – License Fees

Industrial:

– Specific: AED 7,500
– Oil & Gas: AED 15,000

Trade License (Commercial/Service):

– Specific: AED 7,500
– Freight Forwarding: AED 8,500
– Precious Metal/Chemical: AED 10,000
– General Trading: AED 15,000
– Aviation: AED 15,000
– 3rd Party Logistics: AED 10,000
– Oil & Gas: AED 15,000
– Shipping: AED 15,000

Resident Visa

Employment Visa (Normal): AED 2,527 + actual one-month salary + equivalent cash of the one way ticket.
Employment VISA (Urgent): AED 2,727 + actual one-month salary + equivalent cash of the one way ticket.

 

Visa valid for 2 years.

Facilities

SAIF Offices:

– Desk (3 visas): AED 15,000
– Office (5 visas): AED 20,000
– Suite – 21sqm (6 visas): AED 34,650
– Suite – 24sqm (10 visas): AED 39,600

SAIF Warehouse:

– 125sqm (15 visas): AED 60,000 + AED 3,000 (one-time refundable utility charge)
– 250sqm (25 visas) AED 110,000 + AED 5,000 (one-time refundable utility charge)
– 400sqm (35 visas): AED 160,000 + AED 7,000 (one-time refundable utility charge)
– 600sqm (45 visas): AED 205,000 + AED 10,000 (one-time refundable utility charge)
SAIF Industrial Park (Minimum plot size 2,500 sqm):
– AED 25 per sqm (6 months grace period as per plot size + AED 5000 onwards (one-time refundable utility charge)

WIS SAIF Zone Packages

Three packages are available for clients’ choice depending on individual needs.

SAIF Free Zone Packages – Compare Package Features

 Need Help Choosing the Right Package?

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services in the SAIF Zone

KGN Services provides the following services in the SAIF Zone:

Interested in SAIF Zone Company Formation?

KGN Services | SAIF Free Zone | SAIF Zone Company Formation

Tags: saif zone | saif zone company formation | saif zone companies | saif zone company | saif free zone

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