SHARJAH AIRPORT INTERNATIONAL FREE ZONE (SAIF ZONE)

 

The Sharjah Airport International Free Zone (SAIF-Zone) was set up in 1995 and is the premier business destination of the UAE. Situated in the Emirate of Sharjah, the industrial powerhouse of the UAE, the SAIF-Zone has over 4,500 companies from 91 countries. Company formation in SAIF Zone is a preferred choice among foreign investors due to the enormous business benefits offered by the Free Zone.

Foreign investors choose Company Formation in SAIF Zone as it provides a wide range of business license types and business activities. The company formation process in SAIF Zone is straightforward and cost-effective when compared to few other Free Zones in Dubai. The cost effective business license packages and top-class business infrastructure drives more investors to the Free Zone. Also, the Free Zones strategic location adjacent to the Sharjah International Airport makes it a popular trade hub of UAE.

SAIF Zone is a perfect choice for starting a business in any category. The Free Zone offers exceptional business support infrastructure and faster processing of Company License and Investor Visa. For any type of business activity in the consultancy, commercial and industrial sectors, the free zone provides business license, office spaces, warehouse facilities, and advanced business amenities. Global Investors can easily set up their base in SAIF Zone at a lower cost and gain sure business results.

COMPANY FORMATION IN SAIF ZONE

Sharjah is emerging as a perfect choice for Company Formation and a major economic hub of UAE. There are broadly two options for Company Formation – The Mainland and Free Zone. Company Formation in SAIF Zone is one of the most sought after by global investors as it offers a host of affordable and cost-effective packages for easily setting up a business in the region.

The strategic location, availability of a good transport link and a wide range of opportunities is making Company Formation in Sharjah Free Zone an attractive choice for the investors. An investor can choose from a wide range of Company Setup Packages based on their business requirements and budget.

The Free Zones of Sharjah is playing a vital role in supporting the economic growth of the UAE. It has driven significant foreign investment in the form of new company formations in the UAE.

WHAT ARE THE STEPS IN COMPANY FORMATION IN SHARJAH FREEZONE?

Company Formation in Sharjah Freezone is a seamless process with well-structured steps to follow to obtain your company registration documents.

  •   Submit the Company Formation Application to the Department of Economic Development, Sharjah or the Specific Free Zone
  •   Prepare the Company’s Memorandum of Association, shareholder’s resolution, Local Service Agent Agreement (For Mainland)
  •   Submit the required supporting documents and pay the license fees to the Authorities
  •   Obtain the Trade License from the Concerned Authorities
  •   Apply for the Company’s Establishment Card with the Ministry of Labour
  •   Apply for the Resident Visa and Employee Visas subsequently
  •   Open Corporate Bank Account and apply for other clearances such as Customs Registration

AL BAB GROUP Business Consultants is registered with SAIF Zone (Sharjah Airport International Freezone), and its headquarters is located within the Free Zone. Investors consider Sharjah as a hub of Middle East and precisely due to this, hundreds of thousands of companies are being set up in a short span of time. Covering a wide cross section of industry, companies include some of the biggest names in the field of IT services, media, consumer durables, light to medium manufacturing and a host of other companies.

FACILITIES & INCENTIVES IN SAIF ZONE

There are distinct advantages of doing business in Sharjah and the SAIF-Zone. With a trading history dating back to the early 18th century, Sharjah today accounts for more than 40% of all industrial activity in the UAE.

The Sharjah Ports and Free Zone, Sharjah Chamber of Commerce and the Government of Sharjah are extremely pro-active and business savvy entities geared to provide all assistance to potential businessmen. The cost of setting up a business in Sharjah is less than in any other emirate of the UAE, and the focus on industrialisation has in recent years turned Sharjah into a commercial centre registering an impressive annual growth rate of 12%.

In addition to tax-free operation and an absence of red-tape, the SAIF-Zone offers unbeatable trade incentives and unparalleled benefits to investors:

  •   100% foreign ownership
  •   100% repatriation of capital and profits
  •   100% exemption from income and corporate taxes
  •   License issued within 24 hours
  •   On site labor accommodation
  •   Sponsorship and visa’s for all staff
  •   Access to over 2 billion customers Strategic location
  •   24 hour hotline for equipment and provision of labour
  •   Global and regional communications with excellent air, land and sea links
  •   Simplified procedures
  •   Back up services provided by the Sharjah Chamber of Commerce and Industry and the Sharjah Expo
  •   Competitive structure of fee, property and management
  •   24 X 7 Operations.

The Free Zone offers a host of facilities and incentives for the investors to easily start their business establishment in the region. The huge warehouses, in-house customs department, logistics partner support, 24/7 power availability, No restriction on hiring of 100% expatriate workers etc., makes the Free Zone is an ideal choice for business owners from all over the world.

The facilities offered by the Free Zone are top-class and it is one of the main factors driving the company formation in SAIF Zone. Ranging from shared workspace to fully customized offices, it has everything for the investor’s requirement. Also, the large warehouse spaces that are customizable to specific client requirements are other add-ons for the investors to choose SAIF Zone.

LATEST SAIF ZONE COMPANY REGISTRATION COST

Company Formation in SAIF Zone is an easy and quick process with cost-effective business license packages for investors. There is a host of business license packages with and without office spaces. Investors can choose from a wide range of business license packages based on their specific requirements.

Following is the list of Business License Packages to set up your business at the Sharjah Aiport International Freezone.

SAIF OFFICE LICENSE PACKAGE

Facility Type Fee after discount Actual fee Visa Quota Special Package Includes
SAIF Office (Trading / Services License) AED 10,800 * AED 13,660 3 visas Shared Desk, Utility Charges, Signboard
SAIF Office (Gneral Trading License) AED 21,160 3 visas Shared Desk, Utility Charges, Signboard

* Discount applicable for first year only.

SAIF SUITE LICENSE PACKAGE

Facility Type Fee after discount Actual fee Visa Quota Special Package Includes
Suite Office (Trading / Services License) AED 28,650 * AED 36,160 8 visas Dedicated Fully Furnished Office, Utility Charges, Signboard
Suite Office (Gneral Trading License) AED 28,650 * AED 43,660 8 visas Dedicated Fully Furnished Office, Utility Charges, Signboard

* Discount applicable for first year only.

 

Note: Special offer price is valid for 1 license (any license type), inclusive of VAT. In case of multiple licenses, license with the lowest fee will be waived off.

** Visa and PO Box charges are not included. PO Box charge approx. AED 1000 per year.

*** 5% VAT will be applicable on service charges

Time span required to set up Company is 2 working days. AL BAB GROUP will assist you in setting up a New Company with Office & Visas. We provide entire assistance in the documentation of setting up a Branch / 100% Subsidiary of Foreign Company.

GOLD, DIAMOND & COMMODITIES PARK

Package Details Fee in AED Fee in USD
Lease rental for the SAIF Suite 20,000 5,478
Miscellaneous charges Nil Nil
License Fee i.e. Service/Commercial License (annually) 10,000 2,740
Refundable Lease Deposit (One time) nil nil
Total** 30,000 8,218

*** 5% VAT will be applicable on service charges

SAIF ZONE WAREHOUSES

Freezone provides Warehouses of different sizes like 125 sq m, 250 sq m, 400 & 600 sq m. If larger Warehouses are required, it can be obtained by clubbing Warehouses together. As part of promotion going on, annual rent of warehouses has been considerably lowered to suit Client’s purse. All warehouses have built in Offices/ Pantry/ Toilets etc. Warehouse rent starts from AED 60,000 per annum onwards. The warehouses are alloted subject to availability.

LATEST WAREHOUSE RENT IN SAIF ZONE

Warehouse Standard Rate Special Rate* Utility Deposit (Refundable)
125 SQM 60,000 48,000 3,000
250 SQM 110,000 88,000 5,000
400 SQM 160,000 128,000 7,000
600 SQM 205,000 164,000 10,000

Additional Fees:
50% waiver on Company Registration Charge (FZC/FZE – AED 5000, Branch – AED 2,500)
Service Charges: AED 6,300; Refundable Lease Deposit (First Year Only): AED 5,000

SAIF ZONE LICENSE RENEWAL / LIQUIDATION

AL BAB GROUP will assist you in Audit Report preparation, hassle free and cost effective license renewal / company liquidation solution, Visa Renewal and all other PRO Services. SAIF Zone License Renewal is a straight-forward process that can be completed in a few steps.

AL BAB GROUP will assist in the Trade License Renewal process by:

  •   Preparing the Trade License Renewal application form provided by SAIF-Zone
  •   Prepare the tenancy contract for office space renewal
  •   Make the required payment for the renewal of trade license and office space,
  •   Submit the required documents to the SAIF Zone for review and approval, and Coordinate the trade license renewal process in SAIF Zone.
  •   Obtain the renewed Trade License and deliver it to the investor.

After every year of company operation, it is mandatory to renew the trade license by paying the required fee for the license and renewing the tenancy contract. Failure to renew the contract will result in fines or license cancellation subsequently.AL BAB GROUP being the REGISTERED AGENT of SAIF Zone, the company renewal and all related services will be handled by our expert PRO Agent.

REQUIREMENTS FOR TERMINATION OF COMPANY IN SAIF ZONE

  •   Application for Company Closure & Board Resolution (We will prepare Company Termination Application Form & Board Resolution)
  •   SAIF Zone Company Closing down charges: (Late Liquidation Fee: AED 5000 is applicable if 3 months notice is not given, Publication notice fee : AED 500 and Immigration Card & Visa Cancellation fee if applicable.)
  •   Clearances from Post Office, SAIF Zone Facilities, SAIF Zone Visa Department & SAIF Zone Customs
  •   Liquidation certificate from Auditor
  •   Office keys must be handed over
  •   All Original Company Documents

SHARJAH MEDIA CITY FREE ZONE (SHAMS)

 

Sharjah Media City (SHAMS) is one of the fastest-growing Free Trade Zone in the Emirate of Sharjah. SHAMS offers a range of company licenses for investors to set up various businesses. Company Formation in Sharjah Media City is a lucrative business investment for global investors aiming to scale up their business in the UAE.

SHAMS offers the best media and digital company license packages at the lowest cost for AED 8,050 (Zero Visa Quota). Entrepreneurs in the creative, media, digital, and other fields can easily set up a company in SHAMS Free Zone.

Company Formation in Sharjah Media City is beneficial for the foreign investor in many ways. The low-cost business license, more than 2000+ business activities, sophisticated office spaces, easy company setup, 100% foreign ownership, etc., makes SHAMS a popular choice among foreign investors.

Sharjah Media City is located near the Sharjah International Airport making it easier for investors to facilitate global trade and operations. It is one of the most competitive Free Zones in the UAE in terms of offering Cost-effective Business Setup Packages.

KEY BENEFITS

 

  •   Company setup cost starting from AED 8,050
  •   No need of Physical presence in the UAE to register your new company
  •   No need of NOC to incoporate your company
  •   100% foreign ownership
  •   100% free transfer of funds
  •   No restriction on capital repatriation
  •   0% import or re-export duties
  •   0% personal income tax
  •   No restriction on hiring foreign employees
  •   All documentation issued in 2 days
  •   No paid up share capital or annual audit
  •   All processes are easy, digital and very cost-efficient

COMPANY LICENSES IN SHARJAH MEDIA CITY FREE ZONE (SHAMS)

SERVICE LICENSE

Service Company License from SHAMS enables foreign investors to establish services companies across a wide range of business service activities. The Free Zone has the required business infrastructure for establishing a Services company by taking a Flexi-Desk or shared office spaces or a fully customized executive office.

TRADING LICENSE

Trade License permits selling goods within SHAMS or importing and exporting of goods to the mainland from the Free Zone to conduct the trade. The Trading License from SHAMS Free Zone enables the free movement of goods to and from the Free Zone after paying the required customs duties.

INDUSTRIAL LICENSE

Industrial License in Sharjah allows the entrepreneur to establish a company and conduct business activities such as production, re-production, transformation, and manufacturing of goods. The strategic location of Sharjah Media City and its proximity to the Sharjah International Airport and the Khalid Port make it an ideal choice for setting up manufacturing units. There is a growing demand for industrial requirements in the region and investors can tap on the opportunity by obtaining an industrial license from Sharjah Media City.

HOW TO SELECT THE RIGHT BUSINESS ACTIVITY IN SHAMS FREE ZONE?

The Sharjah Media City offers more than 2000 business activities across the various business license types. The investor can choose from services, trading, and industrial license based on their desired business activity to set up a company in SHAMS Free Zone. The investor can choose the Service License from Sharjah Media City to render services to other companies and consumers in the Free Zone as well as globally. Sharjah Media City has a range of specialized service licenses ranging from consultancy, media, eCommerce license, marketing, and more.

For entrepreneurs who are intending to open a trading company, the Trading License from Sharjah Media City is an ideal choice. The investors can involve in the import and export of goods as well as selling of the goods in UAE, GCC, and, the rest of the world by obtaining a trading license from the Sharjah Media City. To assemble, repackage, and re-manufacture or transform goods taking an Industrial License from SHAMS is the right choice. The Free Zone offers the required business infrastructure and easy procedures to set up a manufacturing unit.

FACILITIES AVAILABLE IN SHAMS

Shams provides four facility options that are designed to serve your needs & requirements. Shared workplace facilities offered by Shams provide a co-working environment, which is a great solution for startups that want to interact with other like-minded people.

1. DEDICATED DESK

It is assigned space for the entrepreneurs to work mindfully and focus on the core business alongside scope for networking opportunities. It is an adaptable space for work, meetings, networking, and collaboration. The modern, aesthetic, and practical setup make it a pleasant atmosphere for the investors to work and scale up the business easily.

2. SHARED DESK

It is a common space shared by like-minded individuals. It also helps the investor to keep the overall company setup cost low. Choosing the Shared Desk provides the flexibility of mobility for the investor as there is no specific desk for them to work and based on availability can pick a spot. It is an ideal option for investors who are involved in constant on-site meetings with clients. SHAMS offers attractive business license packages along with an option to choose a shared desk for daily/monthly/yearly rentals.

3. DEDICATED OFFICE

It is an assigned lockable office space used based on individuals. Ranging from a single desk space or a group of desks, it offers a private workplace while empowering coordinated effort among people. The Dedicated Office Space enables the investor to operate the business activities with privacy and focus on the core business strategies. It is an ideal choice for entrepreneurs who are aiming to have a small team of employees and focus on business growth.

Sharjah Media City has a range of fully customized as well as Shell and Core Office types that investors can customize to their desire. Having a dedicated office space enables the business leaders to achieve higher business growth by focusing more on the strategic business areas and working towards it.

4. SHARED OFFICE

Shared Office Space in Sharjah Media City is a cost-effective option for the investors as they can keep the company setup and yearly rent cost low. It also provides more private space than a shared desk and it allows networking opportunities too.

INCLUDED WITH FACILITIES

Facility WiFi Printer Meeting Room Access
Dedicated Desk
Shared Desk Desk
Dedicated Office
Shared Office

SHAMS CREATIVE UNITS

The Creative Units at Shams are intended to empower minds and inspire innovations among its residents. The efficient and ergonomic designs introduce a unique workplace to any organisation or individual hoping to grow and develop.

The facilities will include stand-alone offices, office studios, showrooms and community areas.

SHAMS PACKAGE DETAILS – SERVICES / CONSULTANCY / TRADING LICENSE

Sharjah Media City offers the investors various Business License Packages for Services, Consultancy & Trading activities. The Licence Packages can be chosen according to Visa Quotas available as well as Yearly Licenses. Investors choosing a 2,3,5 Year License would be able to avail discounts on the Total License Package. Below are the details on the License Packages based on Visa quota and Yearly License Cost (Discounted Rates).

License Type
License Package Cost – Services / Consultancy / Trading
0 Visa Quota 1 Visa Quota 2 Visa Quota 3 Visa Quota 4 Visa Quota 5 Visa Quota 6 Visa Quota
1 Year (30% Discount on Visa Packages)
AED 8,050
AED 11,743
AED 12,863
AED 13,983
AED 15,103
AED 16,223
AED 17,343
Actual 1 Year License Costs
AED 11,500
AED 16,775
AED 18,375
AED 19,975
AED 21,575
AED 23,175
AED 24,775
2 Year License Packages (30% Discount)
NA
AED 23,485
AED 25,725
AED 27,965
AED 30,205
AED 32,445
AED 34,685
3 Year License Packages (30% Discount)
NA
AED 35,228
AED 38,588
AED 41,948
AED 45,308
AED 48,668
AED 52,028
5 Year License Packages (35% Discount)
NA
AED 54,519
AED 59,719
AED 64,919
AED 70,119
AED 75,719
AED 80,519

Note: Immigration Card and Facilities are not included in the no visa package. Shared desk facility is provided with visa packages.

IMMIGRATION CARD & VISA COST

Descriptions
Fee in AED
Immigration Card fee for 3 Years
1,575
E-channel Registration
2,525
Visa cost per visa valid for 2 years
3,416
Medical (*Urgent)
690
Additional allocation of visas
1,680

* Additional AED 200 for VIP Medical Services.

TIME SPAN FOR ENTRY PERMIT & RESIDENCE VISA

Entry Permit, Residence Visa, Entry Visa Cancellation & Residence Visa Cancellation processing timelines for both normal and priority applications is given below.

Transaction Types
Processing
Time Span
Entry Permit
Normal
3 – 4 working days
Priority
1 working days
Residence Visa
Normal
3 – 4 working days
Priority
1 working days
Residence Visa Cancellation – Investor/Partner/Employee
Normal
3 – 4 working days
Priority
1-2 working days
Entry Visa Cancellation – Investor/Partner/Employee
Normal
3 – 4 working days
Priority
1-2 working days
Resubmission – Entry Permit / Residence Visa / Cancellation
Normal
3 – 4 working days

SHARJAH PUBLISHING CITY (SPC) FREE ZONE

SPC FREE ZONE is one of the latest Free Zones in UAE with its headquarters located at Al Zahia, Sharjah, by the side of Sheikh Mohammed bin Zayed Road (E 311). Though Free Zone Authority’s core licensing activities are Publishing and Printing, it issues licenses for a huge number of activities including General Trading, Consultancies, E-Commerce, IT related business etc.

The Unique Selling Point (USP) of this Free Zone is the beautiful and well-built office facilities available for lease. The captivating ambience of this free zone near to the Carrefour Mall, which is just 15 minutes’ drive from Dubai International Airport, will attract any investor who visit this Free zone.

COMPANY FORMATION IN SPC FREE ZONE

SPC Free Zone is one of the newest Free Zones in the Emirate of Sharjah. Company Formation in SPC Free Zone is hassle-free due to streamlined company formation process and the availability of inhouse immigration speed up the visa processing for the investors.

The Free Zone offers competitive business license fee starting from AED 9,000 for Zero Visa Quota. It has top-rated business infrastructural facilities for the entreprenuers to easily establish a company and scale up the business in the region. It is a perfect launchpad for startups and entrepreneurs who want to keep the business setup costs as low as possible and easily register a company and start the business operations.

ALL SERVICES UNDER ONE ROOF

SPC Free Zone boasts about delivering services in the shortest time from incorporation to stamping of Investor Visa on passport. Since the immigration is also located at this Free Zone itself, it takes only 7 working days to complete the whole process of company incorporation & Residency stamping of Investor.

The Free Zone caters to a wide range of business requirements of the investors by providing them infrastructure and a business friendly atmosphere to easily set their business and contribute actively to the growing UAE economy.

SPC Freezone offer exclusive state-of-the-art office spaces (furnished & unfurnished), warehouses, storage areas, & shell & Core type offices, 24/7 access to office, availability of meeting room, co-working spaces, and cafes.

The unique feature of SPC Freezone is its authority to issue DUAL LICENSE. A dual license is a combination of Freezone License and Mainland License, issued by the Freezone. In this type of License, the Freezone itself will act as the UAE Local Sponsor holding shares along with the expatriate. The owners need not go around anywhere to obtain dual license and everything is done by Freezone itself. Such dual license is ideal for businesses like general trading, e-commerce etc.

ADVANTAGES OF SPC FREE ZONE

  •   SPC companies can be 100% owned by expatriates
  •   Availability of any number of Visas depending on the Business Activity
  •   Can employ any number of expatriate employees based on visa quota
  •   Different sizes of Office facilities available (furnished & shell and core) with top-notch facilities
  •   Availability of Dual License ( Freezone and Sharjah mainland LLC )
  •   Lowest cost Freezone at a most convenient location by the side of Sheikh Mohammed Bin Zayed Road
  •   Easy opening of Bank Account

ADDITIONAL BENEFITS FOR THE INVESTORS

  •   Avail Dual License Type (Mainland of Sharjah & Free Zone)
  •   No requirement for capital to establish a company
  •   Flexible banking options available with the Free Zone
  •   All immigration facilities available onsite of SPC Free Zone
  •   No corporate or Personal Income Tax Payable

TYPE OF COMPANY STRUCTURE AVAILABLE IN SPC FREEZONE

  •   Free Zone Establishment (FZE): Single shareholder company (Individual or corporate entity).
  •   Free Zone Company (FZC): Multiple shareholders up to 7 (Individual or corporate entity or both).
  •   Branch of a Company: Local Branch (Branch of a UAE Company) & International Branch (Branch of a Foreign Company)

BUSINESS LICENSES IN SPC FREE ZONE

The following Business License Types are available in the SPC Free Zone for the investor to choose from:

  •   Commercial License/ Import Export/Trading
  •   General Trading License
  •   Services License
  •   Ecommerce/Trading License

DIFFERENT BUSINESS PACKAGES & LEASE OPTIONS AVAILABLE IN SPC FREE ZONE

  •   Publishing Co-Working License Package cost starting from AED 5,750 for 1 year (0 visa)
  •   Co-Working License Package cost starting from AED 9,000 for 1 year (0 visa)
  •   Unfurnished Office Space Package – AED 980/ Sqm yearly (Unfurnished office cost) + License Fee of AED 5,750 for 0 Visa / License Fee of AED 9,250 for 1+ Visas
  •   Furnished Office Space Package – AED 1,100 / Sqm yearly (Furnished office cost) + License Fee of AED 5,750 for 0 Visa / License Fee of AED 9,250 for 1+ Visas
  •   Open/Shell & Core Package – AED 400/ Sqm yearly + AED 5,750 License Fee (0 visa)
  •   Warehouse/Storage Package – AED 480/ Sqm yearly + AED 5,750 License Fee (0 visa)

SPC FREE ZONE COMPANY SETUP COST

SPC Free Zone – Promotion Offer

Investors can avail Special September Offer from the Sharjah Publishing City for the Entrepreneur Package at AED 6,500 for a 1-year license with zero visa quota and lease agreement. The investor can choose two activities by combine any trading, services, and media activities under a single license. The deliverables include the stamped Business License and the Memorandum of Association. The company can be incorporated as a Single Shareholder company and later upgraded depending on the requirements.

SPC Free Zone also offers a 1 year license with a 2-year visa and lease agreement at AED 15,000. The investors can combine any trading, services, and media activity and choose up to two activities under a single license. The business license package also includes fees for trade license, establishment card, e-channel, change status, medical, and Emirates ID.

1. CO-WORKING LICENSE PACKAGE

Packages License Package Fee (AED)
Number of Visa Allocations 1 Year License 2 Year License 5 Year License 10 Year License
0 Visa AED 8,050 AED 16,100 AED 37,375 AED 74,750
1 Visa AED 11,743 AED 23,485 AED 54,519 AED 109,038
2 Visas AED 12,863 AED 25,725 AED 59,719 AED 119,438
3 Visas AED 13,983 AED 17,965 AED 64,919 AED 129,838
4 Visas AED 15,103 AED 30,205 AED 70,119 AED 140,238
5 Visas AED 16,223 AED 32,445 AED 75,319 AED 150,638
6 Visas AED 17,343 AED 34,685 AED 80,519 AED 161,038

2. OFFICE SPACE PACKAGES

Details Rate (AED)
Number of Visa Allocations Type Lease License Fee
0 Visa Unfurnished 980 per annum/ sqm AED 5,750
0 Visa Furnished 1,100 per annum/ sqm AED 5,750
1+ Visas Unfurnished 980 per anum/sqm AED 9,250
1+ Visas* Furnished 1,100 per annum/sqm AED 9,250

*Upto 20 Visas, more than 20 Visas, a business plan required

3. VISA AND IMMIGRATION FEES

Details Rate (AED)
Employment Visa & Emirates ID ( 2 Years Validity) AED 3,400
Investor / Partner Visa & Emirates ID ( 2 Years Validity) AED 3,400
Change of Status AED 1,000
E-Channel Registration AED 2,250
Immigration Establishment Card AED 1,575

DOCUMENTS REQUIRED TO SETUP COMPANY IN SPC FREE ZONE

To Setup a Freezone Establishment (FZE)

  •   Application form for Company Registration in SPC Free Zone
  •   Passport copy of Shareholders, Directors, and Managers
  •   Visa & Emirates ID copy of Shareholders, Directors, and Managers
  •   Proof of address of Shareholders (recent utility bill/bank statements, etc.)
  •   Passport size photograph of the Shareholder (white background)
  •   Memorandum & Article of Association
  •   Specimen signature of the proposed Manager

To Setup Branch of a Company

  •   Company Registration Form
  •   Owner Declaration document
  •   Passport copy & photograph of the Manager
  •   Proof of address of the Manager
  •   Attested Memorandum & Articles of Association of the parent company
  •   Attested Certificate of Incorporation of the parent company
  •   Attested Board Resolution and Power of Attorney of the parent company
  •   Attested business license of the parent company

SHARJAH RESEARCH, TECHNOLOGY & INNOVATION PARK (SRTIP FREE ZONE)

 

The Sharjah Research, Technology & Innovation (SRTI) Park is an innovation-focused Free-Zone in Sharjah. SRTI Park aims to enhance the innovation ecosystem, research & development through incorporating a dedicated Free Zone. It is to support start-ups and technology companies in the field of research to test their products & services effectively.

The SRTI Free Zone aims at supporting entrepreneurs in achieving sustainability. The Free Zone will act as a base for all the research & development activities and a test-bed for upcoming technologies.

The goal is to attract companies that want to expand into the MENA region with a specific focus on Renewable, Environmental, Mobility & Smart Cities, Digitization, Architecture / Industrial 4.0 & Life Sciences.

The Sharjah RTI Park has succeeded to position itself as a pivotal innovation hub to access UAE public and private projects, and connecting with key stakeholders to access the MENA ecosystem.

SHARJAH RTI BUSINESS BENEFITS FOR THE INVESTORS

SRTI aims to enhance the innovation ecosystem, research & development by forming a dedicated Free Zone for start-ups and technology companies in the field of innovation to excel and test their products & services. SRTI Park provides a platform that is perfect for boosting creativity & innovation. It provides the right ecosystem, infrastructure and service support to companies in the field of research and technology.

KEY BENEFITS OF SHARJAH RTI PARK

The Sharjah Research, Technology & Innovation Park offers the investors a host of business benefits apart from the Free Zone perks such as 100% foreign ownership, no customs duty, no corporate or income tax, 100% profit repatriation, etc.

Additional Business Benefits for entrepreneurs in the Sharjah RTI Park are:

  •   Ideal Ecosystem for Innovation, Research & Development, Entrepreneurship
  •   Enhanced technology infrastructure and support system
  •   Business-friendly environment & government regulations
  •   Availability of a large talent pool
  •   Low Cost of Company Formation
  •   High Quality of life and infrastructure

VARIOUS SEGMENTS OF COMPANY LICENSE AVAILABLE IN THE SHARJAH RTI PARK

  •   Water Technology
  •   Renewable Energy
  •   Environmental Technology
  •   Transport & Logistics
  •   Digitization
  •   Production, Design, & Architecture
  •   Life Sciences
  •   Non-Profit Companies

COMPANY FORMATION PACKAGES AVAILABLE IN THE SHARJAH RTI PARK

  •   Women in Innovation – 9000 AED
  •   First Step Hi-Tech office – 15,000
  •   Maktabi-Coworking Space – 25,000
  •   Start-up Office – 40,000
  •   Ecosystem Office – Depends on Area
  •   Innovation Office – Depends on Area
  •   Innovation Plot – Depends on Area

STEPS IN COMPANY FORMATION AT SHARJAH RTI PARK

The Company formation in Sharjah RTI Park is very straightforward and relatively simpler as compared to other Free Zones of UAE. The following are the three simple steps involved in obtaining your Company License from the Sharjah RTI Park.

1. Application Submission along with the company documents
2. Obtain approvals and pay the license fees
3. Obtain the company license and registration documents

BUSINESS & LEASING FACILITIES IN SHARJAH RTI PARK

Business & Research Park – Executive Offices, Shared Offices, Full floor plans with Meeting Rooms, Conference Halls, etc.
Laboratory Zone– Lab Facilities for material testing, technology & chemical experiments
Land & Retail Space – On-demand Land and Retail space for shops, schools, outlets, testing grounds, etc.
Innovation Centre–  To support the start-up’s growth & financial support, there is a Business Innovation Center (Incubators/Accelerators/VC)
To know more about Sharjah Research, Technology & Innovation (SRTI) Park, talk to our expert business consultants right away!

COMPANY FORMATION IN HAMRIYAH FREE ZONE

 

Hamriyah Free Zone (HFZ) was set up by an Emiri declare issued in November 12, 1995. This freezone has become the industrial hub of Sharjah Emirate. Hamriyah Free Zone as the next generation Free Zone is guaranteeing that its management is adaptable and dynamic other than being an investor oriented free zone.

Investors form beeline to setup company in Hamriyah Freezone since it is declared as “designated zone” for VAT purposes. Hamriyah Free Zone is challenged to give competitive incentives and unique chances to set up business in a tax exempt condition with complete company ownership, exclusions from every business levies and repatriation of capital and benefits. The free zone deals with a region of around 22 million sq. m of prime industrial and commercial land and a 14 m profound water port which includes scope for growth.

LOCATION – HAMRIYAH FREEZONE

Hamriyah Free Zone is situated in the emirate of Sharjah. Sharjah is one of the seven emirates with ports on the Arabian Gulf’s west coast and east coast with access to the Indian Ocean, and an International Airport. Sharjah offers broad transportation connecting to the Gulf states, Indian subcontinent and the developing markets in Asian and African countries.

BUSINESS INCENTIVES

  •   Declared Designated Zone under VAT Law
  •   100% Company ownership
  •   Full exemption from all commercial levies
  •   Complete repatriation of capital and profits

OTHER ADVANTAGES OF HAMRIYAH FREEZONE

  •   Lease of land for 25 years renewed for similar period
  •   Sea port adjacent to the freezone, easy access to Jabel Ali Port
  •   Availability of Pre-built warehouses and office units for lease
  •   Solely designed and equipped with Executive office suites
  •   Facility of International Business Centre with latest technology
  •   Availability of accommodation for company staff
  •   Easy logistics links to three sea ports
  •   In addition to Sharjah International Airport, Seaports on each coasts
  •   Availability of abundant and inexpensive energy (Electricity: $0.05 per KWA, Water: $8.17 per 1000 gallons)
  •   Freedom for faculty enrolment and efficient workforce
  •   Reasonable cost of living

As the Hamriyah Free Zone established by Emiri Decree, the investors are guaranteed investment security and complete repatriation of profits and capital.

ACTIVITIES ALLOWED BY HAMRIYAH FREEZONE

Almost all the service activities, Commercial Trading activities, Industrial and Manufacturing activities are licensed by Hamriyah Freezone. Any industrial activity is allowed by Hamriyah Freezone as long as it is environmentally friendly and as per local rules.

FACILITIES FOR LEASE (UNITS & PRICES)

Availability of pre-constructed warehouses, production lines and offices for investors to take advantage of, and availability of industrial plots for lease for individuals who require tailor-made facilities. Accommodation of staff is also available onsite with a choice of senior or junior suites.

LAND FOR LEASE

Land for lease is available in plots starting from 5,000 sq. m area and upwards. Investors can develop these plots to suit their requirements and 60% of the leased land can be developed.

LAND LEASING TERMS

Although the minimum lease term is five years, investors do have the option of leasing their plot of land for a maximum of 25 years, and then later renewing the same lease for a further 25 years. Lease rates are normally fixed for the first 5 years with a rent review at the end of this period.

WAREHOUSES, FACTORIES AND OFFICE UNITS

Customer oriented approach of Hamriyah Free zone permits the customer the freedom to develop their factories, office infrastructure, warehouses, and other buildings in a custom fit manner. HFZ provides those investors who require readymade, warehousing space that is immediately available with a choice of pre-built buildings in sizes of 614 m2, 416 m2 and 275 m2.

HAMRIYAH FREEZONE LICENSE PACKAGE COST

LICENSE COST – COMMERCIAL LICENSE

Business Center Package E-Office Package 1 E-Office Package 2 E-Office Package 3 E-Office Package 4
Package Price: AED 11,000
(20% discount – Offer price: AED 8,800)

Legal Status: FZE
(1 Shareholder)

Activity: Import Export Trading of upto 3 product categories

Office: Hamriyah Business Center (Virtual)

Visa Quota: 1

Package Price: AED 17,000
(20% discount – Offer price: AED 13,600)

Legal Status: FZE
(1 Shareholder)

Activity: Import Export Trading of upto 3 product categories

Office: 10 Square Meter

Visa Quota: 4

Package Price: AED 20,000
(20% discount – Offer price: AED 16,000)

Legal Status: FZC
(1-3 Shareholder)

Activity: Import Export Trading of upto 3 product categories

Office: 10 Square Meter

Visa Quota: 4

Package Price: AED 25,000
(20% discount – Offer price: AED 20,000)

Legal Status: FZE/FZC
(1-5 Shareholder)

Activity: Import Export Trading of upto 5 product categories / e-Commerce Only

Office: 10 Square Meter

Visa Quota: 6

Package Price: AED 35,000
(20% discount – Offer price: AED 28,000)

Legal Status: FZE/FZC
(1-5 Shareholder)

Activity: General Trading (unlimited product categories)

Office: 10 Square Meter

Visa Quota: 7

* Visa and PO Box charges are not included. PO Box charge approx. AED 850 per year.

 

SERVICE LICENSE COST

Business Center Package E-Office Package 1 E-Office Package 2 E-Office Package 3 E-Office Package 4
Package Price: AED 11,000
(20% discount – Offer price: AED 8,800)

Legal Status: FZE
(1 Shareholder)
Activity: Up to 3 service activities from the list

Office: Hamriyah Business Center (Virtual)

Visa Quota: 1

Package Price: AED 17,000
(20% discount – Offer price: AED 13,600)

Legal Status: FZE
(1 Shareholder)
Activity: Up to 3 service activities from the list

Office: 10 Square Meter

Visa Quota: 4

Package Price: AED 20,000
(20% discount – Offer price: AED 16,000)

Legal Status: FZC
(1-3 Shareholder)

Activity: Up to 3 service activities from the list
Office: 10 Square Meter

Visa Quota: 4

Package Price: AED 25,000
(20% discount – Offer price: AED 20,000)

Legal Status: FZE/FZC
(1-5 Shareholder)

Activity: Up to 5 service activities from the list

Office: 10 Square Meter

Visa Quota: 6

Package Price: AED 35,000
(20% discount – Offer price: AED 28,000)

Legal Status: FZE/FZC
(1-5 Shareholder)

Activity: Up to 1 service activity from the list

Office: 10 Square Meter

Visa Quota: 7

* Visa and PO Box charges are not included. PO Box charge approx. AED 850 per year.

 

HAMRIYAH FREEZONE WAREHOUSE PACKAGES & COST

Warehouse 400 sqmtrs (50 KW) Warehouse 600 sqmtrs (50 KW)
Package Price: AED 135,000 
(10% discount – Offer price: AED 121,500)

License Industrial: AED 3,500
Service Fee: AED 5,250

Refundable Deposit: AED 5,000

Incorporation Fee: AED 9,000 (50% discount – Discounted price: AED 4,500)

Package Price: AED 170,000
(10% discount – Offer price: AED 153,000)

License Industrial: AED 3,500
Service Fee: AED 5,250

Refundable Deposit: AED 5,000

Incorporation Fee: AED 9,000 (50% discount – Discounted price: AED 4,500)

* 600 Sqmtrs Warehouse is eligible for 45 visas.
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