Sharjah free zone
Sharjah free zone
Sharjah International Airport Free Zone (SAIF) was established in 1995 with around 55 companies. Low setup cost, easy procedures, visas issued without having an actual office in the zone and many other tax relaxation benefits make SAIF attractive to medium businesses. The zone accepts the following business formations:
- Free zone establishments (FZEs)
- Free zone companies (FZCs)
- Subsidiaries
- Branch office
- The specialties of the zone include:
- 24-hour licensing service.
- Zero taxes.
- Comparably low license cost
- Quick access to airport and seaport
- 100% free transfer of funds
- 100% foreign ownership allowed