Sharjah International Airport Freezone (SAIF Zone)
Overview
Dedicated to quality and excellence, SAIF-Zone is the symbol of efficient operations- the better alternative for business ventures in the UAE and beyond.
Contact Information
P.O.Box: 8000 SAIF Zone, Sharjah, United Arab Emiratesphone: view phone+971 6 5570000
fax: view fax+971 6 5571131
website: http://www.saif-zone.com
Facebook: www.facebook.com/SAIFZA
Twitter: www.twitter.com/Saif_Zone
Photos
Description
Easily accessible to seaports on the Gulf of Oman (Port Khor Fakkan) and the Arabian Gulf (Port Khalid), SAIF-Zone is built adjacent to the Sharjah International Airport.
With features as unique as these, it is little wonder that SAIF-Zone has registered phenomenal growth since its inception in 1995. With over 4200 companies operating out of it.
SAIF-Zone offers its patrons extremely attractive incentives. Geographically well positioned with excellent land, sea and air links to the rest of the world, SAIF-Zone is a dream come true for the businessman. Modern premises, equipped with the latest facilities and a secure environment ensures maximum returns for the investor.
• Access to over 2 billion consumers
• Strategic location between east and west
• Abundant and inexpensive energy
• Competitive fee structure, property & management leases
• 24-hour hotline for equipment and provision of labour
• Unlimited work force with an economical wage structure
• Sponsorship & visas for all staff
• Highly qualified bilingual staff
• Access to ports in the Arabian Gulf & Indian Ocean
• International air links across the world via Sharjah International Airport
• Back-up services include those provided by the Sharjah Chamber of Commerce and Industry, Sharjah Expo Center and over 40 international banks.
Speed, reliability and cost-effectiveness have been the cornerstone of Sharjah's industrial policy. A stable government, proactive policies, solid industrial base and an attractive incentives package have drawn a very high proportion of foreign investments into Sharjah in recent years.
• Tax Incentives
An oppressive and restrictive tax regime is the most effective way to kill business and initiative. A lenient and customer oriented tax structure makes the SAIF-Zone an attractive business proposition.
100% exemption from corporate and personal income taxes, for the company, the Investor and their employees.
• Trade Incentives
In order to maintain flourishing trade in a competitive business environment, SAIF-Zone offers excellent trade incentives. This is evident from the fact that the number of companies has gone up from just 55 in 1995 to more than 1800 in June 2005.
- 100% foreign ownership
- 100% repatriation of capital and profits
- 100% free transfer of funds
- 100% exemption of import and export duties
- 25 years lease extended to similar period
• Facilities:
- Fully furnished + Air Conditioned Executive Office Suite
- The tastefully furnished office suites located in new multistoried buildings is ideal to formulate strategy and clinch deals. Secretarial services and conferencing facility is also available.
• Warehouses
SAIF-Zone has made provisions for high quality insulated warehouses. Available in four sizes(125,250,400,600) and functional, they can be used for storage and distribution or for assembling and packaging or even for light and medium industry use. Investors can lease more than one unit at a time as per requirement.
• Choice Of Licenses
Investors can avail different types of licenses in order to do business in the SAIF-Zone.
- Industrial License - Allows the investor to import raw material, manufacture, process, assemble, package and export the finished product. (Subject to clearance from SAIF-Zone Health & Environment Dept.)
- Commercial License - Allows the investor to import, export, distribute, consolidate and store items specified in the license. There is a maximum limit of three similar product lines.
- General Trading License - As the name suggests, a large number of products fall within its ambit. This type of license can be obtained under the commercial license.
- Service License - Allows the investor to carry out only specified services. (Unless restricted by the federal or local authorities, all types of services are allowed within the SAIF-Zone).
