Sharjah Freezone Company Formation

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Sharjah Free Zone Company Registration in UAE

Company setup in Sharjah Airport Free Zone

Sharjah Airport Free Zone allows doing business in the way that you wish to have. Its close proximity to the Sharjah International Airport makes it the largest air cargo hub in the Middle East. Here there are more than 3000 companies from almost 90 countries. Many investors are interested in starting a business in this zone as it provides perfect conditions to setup a business operation. The state of art facilities in the zone is above international standards. And, the Sharjah Airport Free Zone authorities are always keen on upgrading value-added services, infrastructure and technical expertise on a regular basis.

As Sharjah accounts for more than 40% industrial activities, most of the global industrialists are very keen on having a business setup in the region. Here you can meet most of the prominent industries that offer services in the IT, media, consumer durables, manufacturing and machinery components. Sharjah Airport Free Zone or ASIF zone acts as a business hub for over 2.5 billion consumers across African countries, parts of the Indian sub-continent, Mediterranean and CIS.

Facilities offered in this zone are excellent. You can opt for a single office space or an entire manufacturing facility. Spaces are designed in such a way that all the amenities that are needed to start a manufacturing unit will be available in the vicinity. You have the option to select warehouses, bunkers, container parking terminals, storage areas, labour housing facilities etc at very lower rates.

In this zone you can apply for a business license depending on the type of business activity that you are going to carry out in the area.

If you are planning to give a particular type of service from the zone then can apply for a Service licence. This license allows in providing services to the customers as specified in the license. You can offer any type of service from the area unless otherwise restricted by the zone authorities.

You can get a trade licence in the commercial or general trading category. Commercial license will be provided if you are into export, import, or distribution activities. General trading license can be applied under commercial license if you are into a trading business of a large number of products.

Industrial license is given to those who are importing raw materials and manufacturing equipments, and exporting finished goods.

Many times it is not easy to decide which license will be apt for your business. We are able to provide guidance on this regard, and assistance for applying for a valid business license. To apply for a license you have to submit many business documents as per request. Timely submission is possible only if you are aware of the procedures. As a business consultant, we are able to offer all kinds of business registration services without any interruption. Call us and make sure you are on the right direction.

SAIF zone offers unbeatable incentives to its investors. Some of the benefits include:

  • 100% business ownership
  • Tax-free operation
  • Repatriation of capital and profit
  • Sponsorship and visa for all employees
  • Immediate access to strategic locations
  • On-site labour accommodation

When you get all under one roof and in one package at competitive rates, it is better to accept it and kick start your journey to achieve great heights in the business arena.

Free Zone FAQs

You can choose a free zone depending on the type of business activity you are going to perform there. Some of the free zones that are particularly meant for each activity include

  • Internet city
  • Airport free zone
  • Media city
  • Academic city
  • Knowledge city
  • Outsource zone
  • Multi commodities centre
  • Media production zone
  • Biotech Research Park
  • Auto zone
  • Gold and Diamond park
  • Health care city
  • Industrial zone
  • Financial centre
  • Humanitarian centre
  • Flower centre
  • Maritime centre
  • Logistics centre
  • Creative city

The main capital requirement depends on the type of business activity that you are planning to set up in a Free Zone. Specifications regarding the capital requirement depend up on the Free Zone you select for trading activities.

Choosing a legal form depends on the business type, trading activities, nationality of the owner and the preferred ownership options. Some of the common forms are:-

  • 1. Free Zone establishment (FZE) – Here one single share holder can run the business.
  • 2. Free zone Limited Liability Company (FZ-LLC) – Here the company can be registered with more than one shareholder.
  • 3. Brach office – Any international company can start a branch of their office in the free zone.

The procedures for setting up a company in a free zone are direct and easy to complete. General steps involved in it are as follows.

  • Filling up a general form provided by the Free Zone Authority. This allows in checking the company’s requirements and its mode of operation.
  • Documentation process
  • Submitting a copy of the lease agreement
  • A meeting with the free zone authority to finalize the location and the company registration procedures.
  • Passport copy of shareholder
  • Application form
  • Copy of Memorandum of Association
  • Copy of Article of Association
  • Copy Board Resolution

Normally it will take 3 weeks to finish the whole procedures. If there is any delay in the documentation procedures, then it will take 6 weeks to finish the registration process.

  • Jebel Ali Free Zone Authority
  • Dubai Multi Commodities Centre
  • Dubai Airport Free Zone Authority
  • Dubai World Central

Free zones are attractive as it provides lucrative options to the companies. Some are the following:-Free zones are attractive as it provides lucrative options to the companies. Some are the following:-

  • 100% foreign company ownership
  • 100% repatriation of capital and profits
  • Exemption from all import and export duties
  • No corporate tax
  • No dividend tax
  • Inexpensive energy
  • Legal consultation on free zone company setup
  • Verification of visa and work permit requirements in compliance with Emirates law
  • Identification of the corporate structure that suits current and future business plan
  • Drafting documents, collecting files and managing submissions as per requirement
  • Company Registration Amendments
  • Partnership options for offshore companies, professional companies or branch offices
  • Getting approvals from Free Zones authorities, Ministries and department of planning
  • PR activities
  • Accounts maintenance and auditing
  • Setting up of bank account

Yes, it is mandatory, below are the property options:

  • Flexi Desk
  • Serviced Office
  • Physical Office for lease
  • Physical Office for sale
  • Retail shop space for lease
  • Retail shop space for sale

A Free Zone license will give you 100% ownership of your company and complete control of your business. Incorporating your business in a Free Zone also tends to be a cheaper and easier process.

An advantage of a Non Free Zone setup is that this type of license allows you to freely operate in any area of the UAE. Even though a local Emirati sponsor who would have 51% ownership of your company, certain businesses simply work better with a Non Free Zone license. In other words, when you have a Free Zone license, you are allowed to operate only within that Free Zone but with a Non Free Zone license, you will not be restricted to one area.