SHARJAH AIRPORT FREE ZONE (SAIF)
With easy company set up procedures, SAIF Zone established in the year 1995 offers a single window solution to all investor requirements. The Zone ensures commitment to quality performance and having SAIF-ZONE as your base, adds personal, corporate and competitive advantage of 100% foreign ownership, 100% repatriation of capital and profits and 100% free transfer of funds.
The cost of setting up a business in Sharjah is less as compared to any other emirate of UAE, and the focus on industrialization has in recent years turned Sharjah into a commercial center registering an impressive annual growth rate of 12%.
A company incorporated in SAIF ZONE shall be registered as either:
- FZE (Free Zone Establishment): A Limited Liability Establishment incorporated in SAIF ZONE, owned by one natural or juridical person with a distinct legal entity and an independent financial liability.
- FZC (Free Zone Company): A Limited liability company incorporated in SAIF ZONE, by more than one shareholder with a distinct legal entity and an independent financial liability.
- Branch of a company registered in the UAE
- Branch of a foreign company incorporated outside the UAE