Activities

The 3 major categories of licenses in Sharjah Airport Free Zone include:

Trading Service Industrial

Your license can belong only to one of these categories. If you want to mix them, additional license will have to be purchased.

Sharjah airport SAIF zone has a very broad business activity list. It even has some hard to get service activities, such as "Investment of own funds".

Activities also allow storage and consolidation of the products specified in your license, as well as manufacturing and assembling of your products.

SAIF does not share its activity list, so all the business activities availability needs to be checked. The free zone allows to have multiple activities in the license for your company formation in Sharjah, but if they are not related, additional fee will apply.

Sharjah Free Zone company setup costs

The best SAIF offers currently are:

Trading or services license for 13,500 AED. General trading / aviation / e-commerce / multiple activities license for 21,000 AED.

These packages are eligible for 3 resident visas and have a small office as a part of the package.

If you are planning to rent a bigger facility, you will pay license fee + the rent of the office or warehouse. The prices will be competitive to Sharjah LLC company formation cost, however the facilities in the Mainland are usually cheaper than in the free zones.

Visa fees and other immigration fees are paid separately.

Company Setup

Sharjah free zone company formation in SAIF can be done personally by company owners or by Power of Attorney holders.

License is issued instantly on the day of application.

The required documents and information for the incorporation in Sharjah Airport Free Zone:

Passport Passport size photo Residential address, phone number and email of the owner

The documents issued by SAIF after company registration include:

Certificate of Incorporation

License

Memorandum and Articles of Association

Investment Service Agreement

Share Certificate

Lease agreement

Company registration in this free zone can be done by business setup consultants in Sharjah or in Dubai.

SAIF free zone visa cost

Company formation is Sharjah SAIF usually entails resident visa opening.

The visa of the company owner is valid for 3 years, the visa of the employee 2 years.

SAIF fees. AED:

SAIF fees. AED Medical checkup, AED Emirates ID, AED Owner/Investor Normal (8-10 days) 3,840 Urgent (3-4 days) 4,040 690 370 Employee Normal (8-10 days) 3,240 Urgent (3-4 days) 3,440 690 270

In case you applied for a resident visa while being on a tourist visa, a procedure of status change will apply. It costs 860 AED or 1010 AED on urgent basis.

Trade License Renewal

Renewal of Sharjah Airport Free Zone company can be done without a personal visit of the company owners. It takes 1 day.

The free zone requires to make the payment and sign renewed lease agreement in order to process the renewal.

Amendments

Amendments of any company in SAIF can be done only by the shareholders or Power of Attorney holders.

Some standard amendments with the costs:

Shares transfer 10,000 AED

Adding/removing Director 2,000 AED

Change of Manager 2,000 AED

Change of financial year 500 AED

Liquidation

Company liquidation in SAIF requires submission of a few documents:

Board Resolution

Clearance from Customs

Audit report

Visa status report from SAIF immigration department

Clearance from facilities management department of SAIF

The cost of the cancellation is 5,500 AED including publication of a newspaper notice.

UAE business setup consultant opinion

In light of recent substance requirements introduced by the UAE government, SAIF becomes an attractive place. Here you can get a company with an office space for a more than reasonable fee.

Apart from that, resident visa slots per company are more than in similar zones. Another way of getting a large number of visas per company is Fujairah free zone company setup. In case you do purely international business and do not need UAE resident visas, you may also look at offshore company formation in Dubai.