Investors have been coming to the United Arab Emirates (UAE) since it has become one of the household names in the business industry, being one of the business centers in the world.
As an advice to businessmen who are coming in the country, they should conduct a research on where their business will best thrive as UAE offers industry-specific free zones with benefits that are almost the same yet with other advantages that are different from each other.
Emirate of Sharjah Quick Background
The UAE’s total industrial activity has over one-third of it contributed by the Emirate of Sharjah. It has its own airport called Sharjah International Airport that helps in imports and exports of the companies situated in its location.
Brief Information on SAIF Zone
There are a lot of famous names that Sharjah Airport Free Zone or Sharjah Airport International Free Zone (SAIF Zone) has on its site. The well-known industries that SAIF Zone has to offer include media, IT, and trading. Since its establishment in 1995, it has become one of the biggest business centers in the UAE. It has easy access on the road, air, and even water.
The incentives that this free zone offers are one of a kind and greatly entice investors from across the world. It has been one of the first choices of businessmen in conducting a business setup in UAE as it has proved itself as one of the best places to have a company’s headquarters in. For this reason, SAIF Zone company formation has increased in number over the years.
Advantages of Having a Business Setup in SAIF Zone
Lower Costs
Price is always one of the influences that would affect any businessman’s decision in conducting a business setup in UAE. This is why business setup in SAIF Zone means costs are lower and reasonable for investors, ensuring that they can handle the amount that is needed for forming a company.
They are also known to give promotions that bring their costs even lower than it already is. This kind of step gives the businessmen with a certain budget to have their business come into life.
Quick Business Setup
Business setup in SAIF zone is one of the easiest and fastest in the country. The documents that are required to be submitted are not too complicated, and it only takes 48 hours for them to process the license.
The business owners are guaranteed to be able to start operating in no time in the free zone.
Various Business Types to Choose From
There are a lot of business activities that are allowed in the SAIF Zone. They give general trading, commercial, service, industrial licenses to organizations.
The companies that belong in the import and export, freight, and cargo industries should consider a SAIF Zone company formation as this place greatly meets their requirements. It is located at Sharjah International Airport that makes it advantageous. Its facilities that include storage, warehousing, and container parking make it especially a good choice for the above-mentioned industries.
A Good Number of Business Setup Options
SAIF Zone has places for branches of existing local or foreign businesses, free zone establishments (FZEs), subsidiaries, and free zone companies (FZCs). In addition, companies are allowed to have up to five shareholders in SAIF Zone.
Strategic Location
As mentioned above, SAIF Zone is located at the Sharjah International Airport. Aside from that, it is also easily accessible via road and sea. It is also a half hour away from the Khalid Port and Hamriyah Port. It is an hour and a half away from the Khor Fakkan Port.
Read More: How to start a business in sharjah
Business Setup In UAE
With more than 30 years of experience, FAR Consulting Middle East remains to be one of the leading business setup consultants in Dubai. We have dealt with a lot of businesses from different sectors. Handling dilemmas that scale from small to greatest are our specialty. We know just how to manage a problem and fixing it before it goes out of control.
Although we are a Dubai-based company, we offer our services to anyone in the UAE. Our service is nothing but the best out there, in every way and aspect. With our help, your business setup in UAE will be as smooth as it should be.
Our business setup consultants are always available lest you need them to answer your questions or present you with information that will tell you which free zone is best suited to your company’s business nature.
We are up-to-date individuals who ensure we have the most efficient and updated data in our hands before we pass them to you. You can contact us and book a consultation today for you to see for yourself just how much we work hard to make your dream business come true.
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