Sharjah Airport International Free Zone (SAIF-Zone) is located in Sharjah with excellent connectivity to sea ports and is also located right next into the Sharjah international Airport. It provides unmatched logistical advantages resulting in savings in time and insurance costs. Originated from 1995 with 55 companies, SAIF Zone has expanded to 4235 companies by the end of 2009. They have issued 4725 licenses as of 2009 with 448 of those being industrial licenses, 1332 are service licenses, 2665 are trade licenses and 280 are aviation licenses.
It offers established multiple departments for smooth running from the entire operations. To manage the diverse business needs in the clients, Clients and Investors service department happens to be set up. This department attends to the visa and immigration related chamber and formalities of commerce related work. An independent engineering Department attends to the utility services, soil testing, building permits etc. Health and Safety department offers the export safety certificates, Food analysis certificates etc.
The whole operations run on singe window basis and all of the necessary admi9nistrative support required from post, Customs, Banks offices, courier companies and restaurants are given under an individual roof.
Advantages in Sharjah Airport International Free Zone (SAIF-Zone):
The SAIF Zone offers excellent connectivity to greater than 2 billion customer base through land, air and sea routes. Both Indian Ocean along with the Arabian Gulf is accessible. It includes competitive licensing and fee rates toward the investors.
SAIF Zone provides visas and sponsorship for the staff with unlimited accessibility and availability to economical workforce, twenty-four hours a day. They’ve got well qualified bilingual staff ever ready to address the diverse business needs on the customers.
SAIF Zone offers complete exemption from corporate and personal income tax into the investors and also their employees. The export and import duty is exempted for many goods which have been handled yet not for sale in UAE. In the event that company wants to sell their goods in UAE a nominal 5% tax is levied.
Other financial incentives include 100% foreign ownership, 100% repatriation of profits and capital, 100% free transfer of funds and twenty-five years lease.
Fully furnished air conditioned offices are readily made accessible to the investors. The rent includes all the amenities and utilities. The vicinity starts from 24 square meters.
Containers parking area is provided on monthly to annual basis for both 20 ft and 40 ft size containers.
Land plots can be leased beginning from 2500 square meters. Water and electricity are charged at a nominal rate, according to the usage. Terms of lease are annual with options to renew according to the business needs.
Warehouses can be bought in four various sizes of 124, 250, 400 and 600 square meters and can also be leased according to the needs. These warehouses may also be suitable to be used for light assembly activities.
SIAF Zone is the particular free zone in this field makes it possible for temporary storage areas for any customers. This could be leased on 2 months, quarterly, annual and half-yearly basis.
82 square meter size units are obtainable.
Small size bunkers, both AC and Non AC are provided along with cranes and fire systems. On site accommodation for both men and women laborers is another facility supplied by SAIF Zone. They are leased out on annual basis with quarterly advance payments.
Investors are supplied with a choice of license based ion their business activities. These are generally Industrial license, Commercial General, license Trading License and Service License.
Sharjah Airport International Free Zone (SAIF Zone) adopts a straightforward three step process for starting an industry there. These are a) submission of documents and proposal, b) Receiving the approval and paying the fee, and c) receiving the license and lease agreement and also the secrets of the premises.
With such excellent facilities and operational SAIF, features Zone has built itself as a safe zone for your investors.