Registration of companies in UAE in the free economic zone SAIF ZONE – starting from 2,200 USD
We offer the service of company registration in UAE in free economic zone (FEZ) of the International airport of the emirate Sharjah — SAIF ZONE (Sharjah Airport International Free Zone).
Such company can be registered while you do not have to visit UAE.
To register such a company without visiting UAE, a shareholder will have to issue a power of attorney; still a manager of a new company will have to arrive for signing documents.
Benefits of company registration in UAE in the free zone SAIF ZONE
SAIF ZONE provides attractive terms for making business, among which we should mention high speed of service and comfortable operation. FEZ SAIF ZONE offers a 24/7 service of license issue, which allows registering and launching companies much faster in comparison to many other variants.
More than two billion people live within the scope of four-hour flight, which allows companies to have an access to a huge base of potential clients. The emirate of Sharjah comprises more than one third of the entire industrial sector if UAE, and keeps constantly growing. The emirate of Sharjah has perfectly developed interactions with the rest of the world; this provides significant benefits when making business with clients worldwide and choosing to register a company in the FEZ SAIF ZONE.
An owner of a company registered in the SAIF ZONE also has benefits in form of zero taxation of corporate and private income, and absence of export and import duties.
A company of the SAIF ZONE may use either office premises or warehouses, storage hoppers, sites for containers, etc. This all is provided at the minimum price and of the top quality. A businessman can rent office premises with already installed furniture and air conditioners, while obtaining services of a secretary and reception.
The SAIF ZONE provides ready warehousing premises of four different sizes with in-built offices, temporary storage warehouses, container parks and land areas on which own buildings and structures can be made.
When registrering a company in the UAE в FEZ SAIF ZONE, you may hire unlimited number of employees; meanwhile, you may invite employees from abroad, as a company can issue resident visas UAE for them. Nevertheless, the possible number of visas will depend on the scope of business.
Due to these and many other benefits of the FEZ SAIF ZONE, a number of reputable international companies operating in the Middle East chose the SAIF ZONE as their headquarters.
Non-residents may own a company completely, for 100%. Meanwhile, there are no limitations on transfer of assets or repatriation of capital and income.
FEZ SAIF ZONE is an embodiment of how the government of the emirate Sharjah admires the idea of free trade. FEZ is favorably located near the center of Sharjah, adjacent to the International airport of Sharjah. Near the SAIF ZONE ports of Dubai are located; the port Khor Fakkan in the Indian Ocean is just 120 kilometer far, therefore companies of the SAIF ZONE has an easy access to the East and West coasts of the UAE.
Within the FEZ SAIF ZONE an effective business environment is arranged, which promotes saving time and efforts. Also, the zone has a developed infrastructure due to which the SAIF ZONE is a perfect site for any types of business.
In the territory of SAIF ZONE it is allowed to deal with import, re-export, collection or packing of goods, trade, production and other types of activity.
FEZ SAIF ZONE lets owners of companies quickly obtain trade, service and manufacturing licenses and easily solve visa issues of employees.
Among important benefits a cheap electric energy and workforce should be mentioned, as well as moderately priced apartments for employees.
The SAIF ZONE provides various services such as computer and Internet training courses, services of global shipping companies, consulting, legal services, services of road police department, customs services, tourist agency, and secretarial services. There are also gas stations, banks, restaurants, medical center, post office, security service, and bus going to the city (a cheap bus goes to the city center 5 times a day).
In Sharjah more than 40 international banks operate, which can provide financing to companies registered in the zone.
The free zone will perfectly suit any category of light and medium-scale industry.
Main benefits of SAIF ZONE
- Non-residents can own a company completely, for 100%.
- No limitations on withdrawal of capital or income.
- No limitations on transfer of assets. The currency of UAE is steady and is pegged to US dollar.
- No taxes on corporate or personal income.
- No export duties (from free zone) or import (in free zone).
- Global and regional communications with advanced transport communications (sea, land and air).
- Strategically beneficial location.
- Leasing term within the zone up to 25 years, with an option of prolongation for the same period.
- Ready warehouses and office premises of different area.
- License is issued in 24 hours.
- Workers and equipment for loading operations are provided within 24 hours.
- Employees can live in the territory of SAIF ZONE.
- Possibility of obtaining UAE visas for employees of a company.
- No limitations on hiring foreign employees (number of UAE visas depends on the scope of business).
- Possibility of renting a “real office”, which helps in opening a bank account.
- One of the lowest prices for registration of a company, which makes SAIF ZONE the top wanted variant now.
- In the FEZ SAIF ZONE interesting types of activity are permitted, such as investment consulting, investment of own financial assets, freight forwarding, and aviation types of activity.
Types of companies available when registering a company in UAE in FEZ SAIF ZONE
In the SAIF ZONE the following types of companies can be registered:
- FZE (Free Zone Establishment) – individual enterprise with limited liability. Such company is found by a natural person or a legal entity. A company forms a separate legal entity with separate financial liability.
- FZC (Free Zone Company) – company with limited liability. Such company is found by several persons. A company forms a separate legal entity with separate financial liability.
- Branch of a company registered in UAE.
- Branch of a foreign company established outside UAE.
One and the same partner can participate in multiple companies at once.
Types of licenses available at registration of company in UAE in FEZ SAIF ZONE
Registration of a company in UAE in FEZ SAIF ZONE allows obtaining the following types of licenses for companies:
- Trade license:
- Commercial license. This license permits export, import, storage, distribution of groups of products stated in the license. One license permits working with three similar groups of products.
- General trade license. Within the scope of commercial license, a general trade license can be obtained. This license has no limitations for a number of product groups.
- Service license. Service license permits a company to provide stated services. Услуги разрешено предоставлять только на территории FEZ SAIF ZONE.
- Manufacturing license.Manufacturing license permits production, import of raw materials, collection, processing, packing and export of finished products. In the SAIF ZONE are allowed any types of industrial activity, except production and packing of any pesticides, production of batteries, leather industry, production and packing of any types of materials that lead to destruction of ozone layer.
Licenses issued by the FEZ SAIF ZONE are only valid for business in the territory of the FEZ SAIF ZONE. A license of the SAIF ZONE may not be used for starting business in other emirates.
Provided that customs duty was paid, products can be sold at the local market in UAE.
Rules of the FEZ SAIF ZONE for companies registered in it
In the FEZ SAIF ZONE standards of evaluation of environmental impact (EIA) are introduced, in addition to safety measures aimed at prevention of environmental contamination, such as contamination of air, noise, etc.
Provided that standards in fields of healthcare and environmental protection were observed, it is allowed to establish pharmaceutical plants.
Natural and artificial dyes can be imported in the SAIF ZONE. Nevertheless, it is prohibited to import chemical compounds that contain radioactive substances.
Within the SAIF ZONE there are litter containers and small bins located in different places, where household and non-dangerous wastes are collected.
Authorized capital required for registration of a company in UAE in FEZ SAIF ZONE
When registering a company FZC or FZE, an authorize capital should make at least 150,000 dirham UAE (AED) (41,000 dollars). When establishing a branch of a local or foreign company, there are no requirements to a minimum capital. This authorized capital is declared but does not have to be paid.
Hiring employees when registering a company in UAE in FEZ SAIF ZONE
When hiring foreign employees, a company should issue UAE visas for them.
SAIF ZONE can provide extra employees, technical specialists and couriers for hire.
The maximum number of visas for employees depends on the type of company and scope of business.
UAE visas during registration of company in UAE in FEZ SAIF ZONE
When registering a company in UAE in FEZ SAIF ZONE, a company owner can issue UAE visas for himself and employees of his company.
A company owner may bring to UAE his family and issues for them UAE visas. Meanwhile, family members will have right to work in UAE.
A company owner may obtain an investor’s visa (such visa is issued for 3 years), or an employee’s visa (issued for 2 years).
To have a possibility to open UAE visas, a company should connect to “e-channel” (online immigration system).
Upon obtaining UAE visa, a businessman can obtain tax residency of UAE.
Documents required for execution of UAE visa
- copy of the company’s license.
- copy of the immigration card.
- copies of passports of all shareholders.
- copy of UAE visa of each shareholder or “immigration report” (with clearly shown UID in everyone).
- color photographs of an applicant.
- diploma (for valid UAE visa). If a diploma is absent, only certain positions are allowed.
Bookkeeping when registering a company in UAE in FEZ SAIF ZONE
Our specialists are ready to help you with bookkeeping in UAE.
Premises available when registering a company in UAE in FEZ SAIF ZONE
All objects are provided under leasing terms for a period up to 25 years. Later, leasing can be prolonged. Payment of rental fee is made on annual basis.
The SAIF ZONE provides a 24/7 security service.
Offices
Within the FEZ SAIF ZONE are provided:
- SAIF Desk – combined table in an office for 3 companies.
- Offices without furniture. The price of such offices includes the price of utilities.
- Fully furnished offices with air conditioning (Executive Office). The price of such offices includes the utilities, secretary and reception. The office is provided with a parking lot. The area of such offices starts from 21 sq.m.
SAIF ZONE is ready to assist in purchasing furniture at a lucrative price.
Land areas
In the FEZ SAIF ZONE leased land areas are provided for construction. Site area starts from 2,500 sq.m. In the first two months rental fee is not collected; this beneficial period is for erecting buildings and structures. The maximum delayed payment during construction is up to 6 months. The FEZ SAIF ZONE provides different permissions for construction and other necessary documents.
SAIF ZONE provides a list of contractors for building a plant or a warehouse.
Ready warehouses
- Warehouse with a total area of 125 sq.m. This includes a warehousing zone of 103 sq.m. and an office of 22 sq.m. with a toilet room.
- Warehouse with a total area of 250 sq.m. This includes a warehousing zone of 190 sq.m and an office of 60 sq.m with a toilet room.
- Warehouse with a total area of 400 sq.m. This includes a warehousing zone of 340 sq.m and an office of 60 sq.m with a toilet room.
- Warehouse with a total area of 600 sq.m. This includes a warehousing zone of 450 sq.m and an office of 150 sq.m with a toilet room.
Temporary storage facility
- Container park.
- Warehouse for temporary storage.
Apartments for employees of company
A residential complex for employees consists of 82 well-designed buildings where more than 14,500 people can be arranged. Besides, the residential complex has the entire infrastructure and nearby located shops, supermarkets, restaurants, mosque, hospital and drugstore. There are objects for active leisure, such as basketball and volleyball sites, and tennis courts. There is a big space for parking of cars and bicycles.
Electric energy and communication services available upon registration of a company in UAE in FEZ SAIF ZONE
In the SAIF ZONE Internet, landline, international phone connection, and fax are available.
In Sharjah electricity with lines of high voltage 33 kW and 11 kW, and electricity with lines of low voltage — 415 W (3 phase) and 230 W (1 phase) is available. Frequency 50 Hz.
Procedure of registration of a company in UAE in FEZ SAIF ZONE
FEZ SAIF ZONE offers a “one-window” solution for any requests. Licenses and permissions are provided within 24 hours since submission of the necessary documents.
For certain types of activity, a letter on absence of objections from state bodies. Such letters are paid separately.
Documents necessary for registration of a company in UAE in FEZ SAIF ZONE
To register a company in UAE in FEZ SAIF ZONE, the following documents should be provided:
- application for registration of a company.
- description of presumed activity of a company.
- copy of passport of each owner / manager with a stamp of entering UAE.
- letter from the audit company registered in UAE. The letter must certify that this audit company is assigned as an auditor of the registered company.
Documents necessary for opening a branch in UAE in FEZ SAIF ZONE
To open a branch in SAIF ZONE, the following documents should be provided:
- application for opening a branch in UAE in FEZ SAIF ZONE.
- description of presumed activity.
- copy of passport of each owner / manager with a stamp of entering UAE.
- certificate of registration of a parent company. For a branch of foreign company, the certificate should be notarized and certified by the Ministry of Foreign Affairs UAE and UAE embassy in country of origin and/or embassy of this country in UAE.
- Articles of Incorporation (memorandum) and Charter of the parent company.
- Decision of the Board of the parent company on opening of a branch in UAE in FEZ SAIF ZONE, as well as power of attorney for authorized persons. For branch of foreign company, these documents should be notarized and certified by the Ministry of Foreign Affairs UAE and UAE embassy in country of origin and/or embassy of this country in UAE.
- Balance report for the last 2 years (if applicable).
- Bank statement of the parent company for the last three months.
Price for registration of a company in UAE in FEZ SAIF ZONE
Price for services regarding registration of a company in UAE in SAIF ZONE:
| Service | Price |
| Price for our assistance in registration of a company in SAIF ZONE | From 2,200 dollars |
| In case of corporate founder or if a branch is opened | Extra 822 dollars |
| Fee at registration of a company | AED 10,000 (2,730 dollars) |
| Fee at opening of a branch | AED 5,000 (1,370 dollars) |
| Assistance in prolongation of a company | 1,100 dollars |
| Assistance in amendment of constitutive documents | 1,370 dollars |
| Assistance in closing a company | from 2,740 dollars |
| Making audit | 1,370 dollars |
| Audit of all documents | from 2,740 dollars |
| Offices | |
| Price of combined workplace | AED 7,700 (2,100 dollars) per year |
| Office without furniture | AED 12,200 (3,330 dollars) per year |
| Price of leased offices of different areas | AED 1,200 (327 dollars) for square meter per year |
| Price of office with an area 21 sq.m. (allows obtaining 6 visas UAE) | AED 34,700 (9,450 dollars) per year |
| Ready warehouses | |
| Price of ready warehouse with an area 125 sq.m (allows obtaining 15 visas UAE) | AED 60,400 (16,460 dollars) per year. Returned fee for public utilities (one-time): AED 3,000 (818 dollars) |
| Price of ready warehouse with an area 250 sq.m (allows obtaining 25 visas UAE) | AED 100,500 (27,400 dollars) per year. Returned fee for public utilities (one-time): AED 5,000 (1,370 dollars) |
| Price of ready warehouse with an area 400 sq.m (allows obtaining 35 visas UAE) | AED 140,800 (38,400 dollars) per year. Returned fee for public utilities (one-time): AED 7,000 (1,910 dollars) |
| Price of ready warehouse with an area 600 sq.m (allows obtaining 45 visas UAE) | AED 200,000 (54,500 dollars) per year. Returned fee for public utilities (one-time): AED 10,000 (2,730 dollars) |
| Land areas | |
| Land area from 2,500 sq.m. Beneficial period for construction 6 months | AED 25 (6.9 dollars) per sq.m. yearly |
| Extra services | |
| Banner | AED 300 (81.8 dollars) |
| PO Box | AED 830 (227 dollars) per year |
| Immigration card | Regular: AED 1,000 (273 dollars), urgent: AED 1,200 (327 dollars) |
| Job visa UAE | Regular: AED 9,500 (2,590 dollars), urgent: AED 11,900 (3,250 dollars)
Extra payment for medical test, Emirates ID and professional services |
| Returned deposit for employee | Salary for one month + sum for buying ticket (single-way) home are deposited in SAIF ZONE |
| Ready service packs with service or commercial license | |
| Pack with combined workplace (allows obtaining 3 resident visas UAE) | |
| Price of combined workplace | AED 7,700 (2,100 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for service or commercial license | AED 7,500 (2,050 dollars) per year |
| Total: | AED 18,500 (5,050 dollars) per year |
| Pack with unfurnished office (allows obtaining 5 resident visas UAE) | |
| Price of unfurnished office | AED 12,200 (3,330 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for service or commercial license | AED 7,500 (2,050 dollars) per year |
| Total: | AED 23,000 (6,270 dollars) per year |
| Pack with office 21 sq.m. (allows obtaining 6 resident visas UAE) | |
| Price of office | AED 25,200 (6,870 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for service or commercial license | AED 7,500 (2,050 dollars) per year |
| Total: | AED 36,000 (9,810 dollars) per year |
| Ready service packs with general trade license | |
| Pack with combined workplace (allows obtaining 3 resident visas UAE) | |
| Price of combined workplace | AED 7,700 (2,100 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for service or commercial license | AED 15,000 (4,090 dollars) per year |
| Total: | AED 26,000 (7,090 dollars) per year |
| Pack with unfurnished office (allows obtaining 5 resident visas UAE) | |
| Price of unfurnished office | AED 12,200 (3,330 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for service or commercial license | AED 15,000 (4,090 dollars) per year |
| Total: | AED 30,500 (8,320 dollars) per year |
| Pack with office 21 sq.m. (allows obtaining 6 resident visas UAE) | |
| Price of office | AED 25,200 (6,870 dollars) per year |
| Extra fees | AED 3,300 (900 dollars) per year |
| Fee for general trade license | AED 15,000 (4,090 dollars) per year |
| Total: | AED 43,500 (11,860 dollars) per year |
| Prices of licenses | |
| License for rent of civil aircraft. provision of services in aviation sector, trade in sphere of civil aviation | AED 15,000 (4,090 dollars) per year + letter on absence of objections AED 10,000 (2,730 dollars) |
| Commercial license for navigation business | AED 15,000 (4,090 dollars) per year |
| Service license for any certain type of services | AED 7,500 (2,050 dollars) per year |
| Service license for operation in oil and gas sector | AED 15,000 (4,090 dollars) per year |
| Trade license for any certain type of trading | AED 7,500 (2,050 dollars) per year |
| License for freight forwarding | AED 8,500 (2,330 dollars) |
| License for working with precious metals | AED 10,000 (2,730 dollars) per year |
| Commercial license for working with chemical compounds | AED 10,000 (2,730 dollars) per year |
| General trade license | AED 15,000 (4,090 dollars) per year |
| Commercial license for operation in oil and gas sector | AED 15,000 (4,090 dollars) per year |
| Service license for navigation business | AED 15,000 (4,090 dollars) per year |
| License for investment of own financial assets | AED 15,000 (4,090 dollars) per year |
| License for audit services | AED 7,500 (2,050 dollars) per year |
| License for side logistics | AED 10,000 (2,730 dollars) per year |
| Manufacturing license for working in chemical sector | AED 10,000 (2,730 dollars) per year |
| Manufacturing license for any certain type of activity | AED 7,500 (2,050 dollars) per year |
| Manufacturing license for operation in oil and gas sector | AED 15,000 (4,090 dollars) per year |
| Manufacturing license for navigation business | AED 15,000 (4,090 dollars) per year |
| Manufacturing license for working in aviation sector | AED 15,000 (4,090 dollars) per year |
| Manufacturing license for working with precious metals | AED 10,000 (2,730 dollars) per year |
How to start the process of registration of a company in UAE in FEZ SAIF ZONE?
To start the process of registration of a company in UAE in FEZ SAIF ZONE, please contact our specialists at: [email protected], so we could professionally advise you in issues of company registration in FEZ SAIF ZONE.
After that, you need to pay the fee for our assistance in registration of a company.
A fee can be paid with a bank card, using systems Western Union or WebMoney, or a bank transfer.
The price of this service starts from 2,200 dollars.
This sum should be added with duties, cost of rent and cost of extra services.
Immediately after receiving payment our specialists begin to prepare documents necessary for registration of a company.
Registration of a company in UAE in FEZ SAIF ZONE takes 5 working days on average.
Feel free to contact us at: [email protected] to establish a company in the free zone SAIF ZONE in UAE!
Tags #Company in UAE #FEZ in UAE #Free economic zone
