Foreign investors are attracted to business setup in the UAE free zones mainly due to the benefits such as 100% ownership, total repatriation of capital, modern infrastructure, and easy setup process. Even though these benefits are common to most of the UAE free zones, we cannot say all the free zones are the same. The foreign investors should analyze the standalone features of each free zone before selecting the appropriate one for company formation in the UAE. In this respect, business setup consultants in the UAE believe the investors should be provided with ample insights about the advantages of setting up a business in the free zones. Let’s start with the benefits of company formation in Sharjah Airport Free Zone (SAIF Zone):
The benefit of Setting up a Business in Sharjah
SAIF Zone is situated in the Northern Emirates of Sharjah, which is generally considered as the UAE’s industrial powerhouse. The emirate accounts for over 40% of the total industrial business activities in the entire UAE, which in itself is a compelling reason to set up a company in Sharjah. Also, 34% of the UAE’s major manufacturing companies are based in Sharjah. Situated inside Sharjah International Airport, SAIF Zone provides the much required logistic advantage to import/export businesses. The logistic advantage offers easy access to seaports on the Gulf of Oman (Khor Fakkan Port) and the Arabian Gulf (Port Khalid).
Registration is Fast & Easy
The Free Zone Authority provides 24-hour services to all the investors so that a trade license in SAIF Zone can be obtained in one day. The time frame for license issuance depends upon the nature of business activities; therefore, taking advice from business setup consultants in Sharjah is recommended. The application process is not so lengthy, and the entrepreneurs are free from the burden of bureaucratic approvals. This is in sharp contrast to the process of company formation in the UAE mainland. The free zone provides advice on queries related to a wide range of subjects, including the availability of manpower, equipment, shipment and customs clearance, etc.
A Variety of Business Types Available
Mainly four types of trade licenses are available for business setup in SAIF Zone—Industrial, Commercial, General Trading and Service. Based on business activities, investors can choose the appropriate license to start operations in the free zone. Apart from the licenses, SAIF Zone allows a wide variety of choices in terms of legal structures such as Free zone Establishments (FZEs), Free zone Companies (FZCs), subsidiaries, and branches of local or foreign companies. Much brainstorming is needed for choosing the appropriate licenses as well as legal structures, but it can be eased with the assistance of company formation experts in Sharjah.
Leverage from Modern Facilities
By setting up a company in the SAIF Zone, the investors get a one-stop shop for all the business activities. Access to prebuilt, customizable warehouses, plots of land, a full-fledged jewellery park and modern labour accommodation make SAIF Zone the perfect destination for industrial and trading activities. Logistics and manufacturing companies can also leverage from the specially designated areas exclusively reserved for parking large containers. Consult with business setup consultants in the UAE to get to know the free zone facilities.
Cost-effective Office Space Solutions
Fully furnished office spaces are available in SAIF Zone to cater to the requirements of various types of businesses. The SAIF Suite is a fully furnished executive suite office that is perfect for commercial, service & consultancy businesses, secretarial and business centre services. SAIF Executive Office is a semi-furnished space that can be customized to suit the needs of commercial and consultancy services.
SAIF Office is best suited for consultancy services that can be used for 24 hours on a non-sharing basis. All the office spaces are equipped with IT/ communications and utility services. The investors also get access to 24-hour security and administrative support services. Before selecting the office space, get the opinion of the best business setup consultants in Sharjah to avoid any wrong decision.
Benefit from the Reputation of a Premium Free Zone
Established in 1995, SAIF Zone enjoys the reputation of being one of the most sought after business setup destinations in the UAE. The Free Zone has been selected as one of the ‘Superbrands of the UAE’ in 2019. SAIF Zone is home to more than 4,500 companies from 91 countries, which speaks of the reputation it enjoys among the investor community. The free zone caters to companies operating in industries such as IT services, media, consumer durables, light to medium manufacturing etc. In addition to all the glories, SAIF Zone is also the first ISO 9001 certified airport free zone in the world.
Welcome to a New Business in Sharjah, UAE
Foreign investors planning to set up trading, commercial, service, or industrial businesses in the UAE can opt for the SAIF Zone based on the benefits mentioned here. However, there are a series of steps to be taken to enjoy a hassle-free company formation in the UAE, Sharjah. Depending on the activities, some steps may be easy and some complex, and that is why foreign investors prefer to avail themselves of the assistance of the best business setup consultants in the UAE, such as Jitendra Business Consultants (JBC). JBC’s business setup consultants are well-versed in UAE immigration laws and labour laws, which means the investors need not worry about visa processing, bank account opening, sponsoring of dependents or getting approvals from the authority. JBC eases the hassles of business setup in the UAE to enable investors to achieve their business goals easily and quickly.