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FREE ZONES IN UAE > Sharjah Airport International Free Zone |
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SHARJAH AIRPORT INTERNATIONAL FREE ZONE |
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SAIF Zone is the centerpiece of the Sharjah government's commitment to free trade Adjacent to Sharjah International Airport and a few minutes from Dubai and major UAE ports on the Arabian Gulf, the SAIF is only 120 kms from port khorfakkan in the Indian Ocean Sharjah is only emirate to have land on both coasts of UAE, covering the Arabian gulf as well as Indian Ocean. Investors therefore have unique advantage of access to the east and west coasts.
Sharjah is a undisputed commercial nerve center of UAE, accounting for more than 40% of UAE's industrial GDP. Sharjah international Airport is home to the largest air-cargo hub in the Middle East and Africa, connecting 230 destinations worldwide.
SAIF Zone is an ideal hub for all types of businesses, which require fast, efficient and trouble free working environment. It provides state-of- the-art facilities with air-conditioned and furnished executive suites with reception, pre-built warehouses in four sizes with adjacent office spaces and leased land for private development, bunkers, container parking area and temporary storage space.
Facilities for manufacturing, assembling, packaging, import, re-export, trade and value added activities are catered for at the zone, Fast and simple processing of relevant licenses (trade, industrial and services ), sponsorship and visas for staff working for the investor, access to low cost energy and labour, budget accommodation for onsite work force, legal services, traffic and licensing office, customs office etc are some of the infrastructure at hand.
SAIF – Zone also offers fast and simple licensing procedures, sponsorship of employment and residence visas, access to low cost energy and labour, budget accommodation for onsite work force, legal services, customs offices etc.
The growth of SAIF Zone from 55 companies in 1995 to 2278 companies in march 2006 is indeed amazing.
Facilities offered |
Office units |
Warehouse / light industrial units |
Port of land |
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Executive office unit |
Executive office suite |
Total are |
Warehouse area |
Office area |
Minimum 2500 m2
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Rent per annum |
US$ 345
(AED 1266/ m2
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US$ 409
(AED 1500/ m2
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US$ 13,090 / 20,453/27,270 / 38,178
((AED 48,000/75,000/100,000/140,000)
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US$ 2.73 – 5.45
(AED 10-20 per sq. mtr
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Lease period |
One year, annually renewable
(option for 25 years)
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One year, annually renewable
(option for 25 years)
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Upto 25 years renewable for similar period |
Possible legal entities |
Branch of foreign company
Including offshore company
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Brach of UAE company |
Free zone Establishment |
Free one company
FZC
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Capital cash physical |
None |
None |
US$ 40,905
(AED 150,000)
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US$ 40,905
(AED 150,000)
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No of shareholders |
- |
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One |
Minimum2
Maximum 5
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Formation fee |
None |
None |
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US$ 2,727
(AED 10,000)
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US$ 2,727
(AED 10,000)
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Types of license issued |
Commercial
Max limits is 3 similar items
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General trading |
Service |
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Industrial |
License fee |
US$ 955
(AED 3,500)
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US$ 3,681
(AED 13,500)
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US$ 955
(AED 3,500)
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US$ 955
(AED 3,500)
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Business segments |
Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities. |
Port facilities |
Sharjah Airport, Port Khalid, Khorfakkan Port |
Visas |
4 nos, for pre built office, additional visas depends on the size of the office space leased. However, no restriction for industrial / assembly units operating in pre built warehouse and leased land as required by the activities. |
formation period |
Trade License will be ready within 24 hours subject to completion of legal formalities and registration documentations. |
Other info |
Other real estate facilities available in SAIF – zone are: Temporary storage area, bunker and container parking area.
Executive office unit / suites are leased with furniture.
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