Overview of Sharjah Airport International Free Zone (SAIF-Zone)
Established in 1995, Sharjah Airport International Free Zone (SAIF-Zone) is the leading business destination in the UAE. Located in Sharjah, the industrial powerhouse of the UAE, SAIF-Zone serves over 2,900 companies from 91 countries. The zone encompasses a broad range of industries, including IT services, media, consumer durables, and light to medium manufacturing.
Strategic Location
SAIF-Zone is strategically positioned at the crossroads of major trade routes linking the East and West. This prime location offers access to over 2 billion consumers across the GCC, CIS, Indian subcontinent, parts of Africa, and the Mediterranean. Additionally, the unique ‘Sharjah Link’ provides businesses with a logistical advantage, connecting the Arabian Gulf and the Indian Ocean. Adjacent to Sharjah International Airport—one of the largest air cargo hubs in the Middle East and North Africa—SAIF-Zone is an ideal business hub for the Middle East.
Facilities and Services
SAIF-Zone is committed to providing optimal conditions for business operations. It continuously upgrades its services, infrastructure, and expertise. The zone offers:
- One-Window Solution: Fast and simple processing of licenses within 24 hours.
- Comprehensive Support: Includes sponsorships, visas for staff, and simplified customs procedures.
- Additional Services: Legal services, international couriers, traffic and licensing offices, workshops, access to 50 international banks, restaurants, a post office, and transportation to and from the city.
- Cost-Effective Options: Low-cost energy, budget accommodation for on-site workforce, consultancy services, and computer training.
Business Advantages
Doing business in Sharjah and SAIF-Zone offers distinct benefits:
- Tax Incentives: 100% foreign ownership, capital and profit repatriation, and exemption from income and corporate taxes.
- Efficiency: Licenses issued within 24 hours, on-site labor accommodation, and streamlined procedures.
- Support Services: Access to over 2 billion customers, 24-hour hotline for equipment and labor, and excellent global and regional communications.
- Competitive Structure: Favorable fees, property costs, and management structures, with 24/7 operations and no restrictions on hiring 100% expatriate workers.
Economic and Cultural Environment
Sharjah is known for its rich culture, history, and traditions. Despite rapid business growth, the emirate has made efforts to preserve and restore historic sites. It offers cost-effective living and high-quality educational options for investors. The city boasts a booming tourism industry with beautiful beaches, diverse restaurants, shopping, entertainment, and international standard hotels.
Conclusion
In summary, SAIF-Zone provides a robust infrastructure and a supportive environment for businesses. With its strategic location, comprehensive services, and attractive benefits, it remains a premier choice for investors in the UAE.
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