The Sharjah Airport International Free Zone (SAIF) was launched in 1995 and it is located between Dubai and Ras Al Khaimah. Sharjah is renowned for the high concentration of industries, approximately 40% of the Emirate’s revenues relying on the petrochemicals, leather and non-metal industries. Individuals working and living in Sharjah Airport International Free Zone benefit from outstanding facilities, among which premium healthcare services and accommodation.
The Sharjah Airport International Free Zone is also one of the best places to do business in because of the incentives foreign investors benefit from, but also because it provides access to over two billion consumers in the Middle Eastern and North African regions. Located close to the Sharjah International Airport, the free zone is perfect for import and export companies operating in the area.
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Business licenses in Sharjah Airport International Free Zone
The Sharjah Chamber of Commerce and Industry issues the following types of business licenses for foreign entrepreneurs setting up companies in the Sharjah free zone:
- industrial licenses,
- service licenses,
- trade licenses.
The Sharjah Chamber of Commerce and Industry issues two types of trade licenses: general trading and commercial licenses, depending on the activities of the company. Business licenses in the Sharjah Airport Industrial Free Zone are released for the following activities:
- import and export,
- storage and distribution of goods,
- manufacturing, processing and assembling of goods.
Our company registration agents in Dubai will guide you through the business licensing procedures.
Why open a company in Sharjah Airport International Free Zone?
One of the most important reasons to set up a company in the Sharjah Airport International Free Zone is the amount of time spent with the registration procedure which has been reduced to 24 hours. From a taxation point of view, there are no import or export duties or corporate taxes for companies operating within the free zone.
Other attributes that recommend the Sharjah Airport International Free Zone are the availability of a highly specialized workforce and no restrictions on hiring foreign employees.
If you want to set up a company in Sharjah Airport International Free Zone, you can request the services of our Dubai agents in company formation.