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Adjacent to Sharjah International Airport, the Sharjah Airport International Free Zone (SAIF) is growing in importance for international entrepreneurs seeking alternatives to neighbouring Dubai. The following information will help you determine whether Sharjah Airport International Free Zone company formation is the optimum solution to meet your business objectives. |
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Advantages of Sharjah Airport International Free Zone company formation
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| 1. | Because of its location next to Sharjah International Airport, SAIF company formation is attractive to cargo and related industries. |
| 2. | 100% foreign ownership is permitted for investors choosing Sharjah Airport International Free Zone company formation. |
| 3. | A SAIF entity is legally tax-exempt. Furthermore, there are neither import nor export duties in DAFZ nor personal income taxes. Following Sharjah Airport International Free Zone company incorporation, investors are freely able to transfer capital out of Sharjah. |
| 4. | Entrepreneurs choosing SAIF company formation benefit from lower registration fees compared to a Dubai Airport Free Zone company. The fee payable to the Sharjah Airport International Free Zone Authority to register a Free Zone Company (FZC) is Dhs10,000 (US$2,720), compared to Dhs15,000 in DAFZ. |
| 5. | Furthermore, Sharjah Airport International Free Zone Authority guarantees office rental rates for 25 years. |
| 6. | Healy Consultants assists with all facets of Sharjah Airport International Free Zone company formation, including i) company registration ii) assistance in obtaining the trade license and iii) assistance opening a corporate bank account to support Sharjah Airport International Free Zone company incorporation. Our staff handles all formalities without our client needing to visit Sharjah. |
Disadvantages of Sharjah Airport International Free Zone company formation
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| 1. | Despite lower company registration fees than a DAFZ company, the fees payable to the Sharjah Airport International Free Zone Authority for a business license are higher, ranging from Dhs3,500 (US$950) for an industrial, commercial or service license to Dhs13,500 (US$3,675) for a general trading license. |
| 2. | Sharjah Airport International Free Zone company formation has high capital requirements of Dhs150,000 (US$40,800). |
Contact Us | |
For more information on Sharjah Airport International Free Zone company formation, contact email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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