- October 22, 2016
- Posted by: admin
- Category: Uncategorized
One of the biggest free trade zones in the northern part of UAE, Sharjah Airport International Free Zone (SAIF-ZONE) was set up in the year 1995 and it is the highly noticed business destination of the UAE. Situated near to Sharjah International Airport, the SAIF-Zone services over 3,000 companies from across the world.
Covering a wide section of industry, companies include some of the biggest names in the field of IT services, media, consumer durables, light to medium manufacturing and a host of other companies. In short SAIF Zone can be explained as, a business hub that facilitate excellent sea, land and air transport links with access to over two billion consumers across the GCC, the CIS, Asian sub-continent, parts of Africa, the Mediterranean and Europe.
The perception of lengthy and highly bureaucratic procedures for company set up in the Middle East can be a serious hurdle to the potential investors but SAIF-ZONE has a 24 hour licensing service which enables businesses to be up and running sooner than has ever been possible before.
Licensing options under SAIF Zone
1: Commercial License:
Import, Export, Distribution, consolidation, storage or warehousing of items specific in the license, Maximum limit is three similar product lines.
2: General Trading:
General Trading license can be obtained under a commercial license which allows a large number of products.
5: 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.
6: Industrial License:
Import of raw materials, manufacturing, processing, assembling, packaging and exporting the finished product.
Types of Companies registered
Free zone Establishment (FZE)
Free zone Company (FZC)
Branch of foreign Company
Branch of UAE Company
Facilities Available at SAIF Zone
- Industrial Park
- Land for Lease
- Prebuilt Warehouses
- Temporary Warehouses
- Labor Accommodation
In order to set up your business in UAE, it is advisable to have professional consultant to tackle all the hassles. At Emirates Chartered Accountants Group, our staff will study your requirements and your specific needs. We will ensure that you are registered and setup the company in the area, where you can conduct business within the guidelines of the government. That will ensure you are setup for success and there are no surprises along the way, thus saving you both time and cost.