The Sharjah International Airport Free Zone (SAIF Zone) is one of the most recognizable and known free zones in the United Arab Emirates. This energetic and vibrant free zone offers a platform for all business types. As this free zone has access to the sea it is famous for providing logistics and warehousing support to companies that have been established in the free zone.
The SAIF Zone was set up in the emirates of Sharjah in the year 1995 and since then it has become one of the most sought-after business destinations for people all around the globe. The free zone is strategically located at the crossroads of trade routes that link the east with the west and is situated next to the Sharjah International Airport. Setting up a company in the free zone will allow the company to have access to more than 2 billion consumers in the Middle East alone.
The SAIF Zone provides a mixture of Strategic Location, efficiency, Trustworthiness, a robust company structure, and availability of a number of licenses. With these, the SAIF Zone aims to deliver the best possible services and facilities to a business so that they can reach the pinnacle of success. The proximity of the SAIF Zone to Dubai and Abu Dhabi helps in providing easy access to the complete world so that you are able to visit new markets and gain new customer bases.
Product / Services Offered
There are three different types of licenses to choose from in the SAIF Zone. These include:
1.Service License
This license will allow the holder to carry out a service in the free zone. the type of service which will be carried out in the free zone will be mentioned in the license. All the types of services are allowed to the holder of this license until they are specifically prohibited by the authorities.
2.Trade License
There are two different types of trade licenses available to a party. These are:
●Commercial License
This is the standard license which includes the import, export, consolidation, warehousing, storage, etc. of the items.
●General Trading License
The general trading license allows the holder to cover a number of products for import, export, distribution, warehousing, etc.
3.Industrial License
An industrial license will include importing raw materials, manufacturing and assembling goods, packaging of goods, processing goods, and finally exporting the finished good.
Apart from these licenses, the SAIF-Zone offers various office spaces to suit the needs of different types of businesses. These offices spaces include:
●SAIF Suite
The SAIF Suite contains offices which are fully furnished and consist of all the Telecommunications infrastructure and IT related Infrastructure.
●SAIF Executive Office
These offices are unfurnished but customizable space and these offices will also cover the utility charges.
●SAIF Office
This includes desk space with advanced infrastructure and dedicated desk space for individuals.
●Warehouses
The warehouses can be used for multiple purposes and can be customized to suit the requirements of the business. A version of warehouses also comes in the pre-built fashion.
●Land
You can construct your own infrastructure and customize it according to the requirements of the business.
●Jewellery Park
This is a highly specialized unit for jewelry manufacturing. This manufacturing unit will ensure that you do not have to go to different places to conduct all the production activities.
●Container Parking
Storage is a very important part of any business and for this, the SAIF Zone provides a separate container parking zone.
Types of Businesses Available
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
- Branch of a Foreign Company
- Branch of a Company
Sharjah International Airport Free Zone Approved Auditor
An approved auditor will help the company management to understand what more can be done to increase the profitability of the company. An approved auditor is an individual or a firm that has been backed by the free zone authorities. Only an approved auditor can conduct Financial Audit in the free zone hence it is very important to avail the services of such a firm in order to get a perfect audit.
JAXA Chartered Accountants is one such audit firms in Sharjah that has been approved by the SAIF Zone and will assist your company in the free zone to receive a perfect audit. The experts at JAXA Chartered Accountants will first understand your business and accordingly provide the auditing services and ensure that the business complies with the management but will also provide reliable business solutions for the financial problems of the business. It is very difficult for a business to keep track of all the rules and regulations in a free zone.