Why Setting up a Business in SAIF Zone is Ideal for Foreign Investors?

Why-setting-up-a-business-in-SAIF-Zone-is-ideal-for-foreign-investors

Foreign investors consider a number of factors before choosing a free zone to start a business in the UAE. These factors include geographic location, the speed at which their applications are processed, quality of infrastructure, availability of all services under one roof, ease of connectivity etc. The Sharjah International Airport Free Zone (SAIF Zone) ticks all of these benefits, providing you with a robust environment to do business.

Apart from these benefits, the process of business setup in SAIF Zone offers a new way of doing business through smart and integrated solutions. Business setup consultants in UAE can help you obtain a SAIF Zone business license. Read the following blog to learn why opening a company in SAIF Zone is beneficial for foreign investors:

Unparalleled strategic location

SAIF Zone is strategically located in the emirate of Sharjah, which is the third-largest emirate in the UAE. The free zone is located close to Sharjah International Airport, which is one of the leading cargo hubs in the GCC region. By obtaining a SAIF Zone license, you can enjoy close proximity to three seaports, including Khorfakkan port, Hamriyah port, and Khalid port. Since these ports are situated on the shores of Sharjah and the Arabian Gulf, businesses can have seamless access to global markets.

Easy and Seamless Connectivity

Smooth and seamless connectivity is one of the key parameters investors consider while selecting a free zone to do business in the UAE. SAIF Zone is only 10 minutes away from the city centre of Sharjah, 20 minutes from Dubai, 90 minutes from Abu Dhabi, and 30 minutes from the closest port. The ease of connectivity is highly beneficial for you as you can complete your obligations faster and makes it easier for your clients to reach you easily.

Efficient Business Services Under One Roof

Once you decide to start a business in SAIF Zone, you need not worry about any bureaucratic red tape. Foreign investors are saved from chasing government officials for approvals as all services are available under one roof within the SAIF Zone. You can obtain the trade license from SAIF Zone within a few days at lightning speed.

The free zone recently enhanced its digital services with 36 new features, raising its total e-services to 284. The latest digital services in SAIF Zone include beneficial owner registration services, compliance services, and the service to apply for a building permit. Business setup consultants in Sharjah can advise you on the services provided by the free zone authority.

Complete Ownership over the Company

By registering a company with SAIF Zone, you can have absolute ownership over your company. Foreign investors are entitled to 100% ownership in SAIF Zone and they don’t need to have UAE national sponsor as a shareholder. Having full ownership in a company gives you peace of mind as you need not worry about any kind of ownership dispute in the future. Company formation specialists in Sharjah can clear your doubts regarding the ownership structure in SAIF Zone companies.

Modern Infrastructure & Facilities

The SAIF Zone offers state-of-the-art infrastructure and modern facilities, including fully equipped and air-conditioned executive offices. You can also have the flexibility to develop different-sized warehouses with attached offices. Foreign investors can also benefit from 24/7 security and emergency services, and labour accommodation within the zone.

A Free Zone of Global Reputation

SAIF Zone maintains a good reputation among the government, banks and the global business community. The free zone has been ranked among the ‘Superbrands’, which is one of the many reasons why more investors are wishing to start a company in the SAIF Zone. The free zone has also earned the reputation of being the world’s first airport Free Zone to have ISO 9001 certification.

Easy to Open Corporate Bank Accounts

Foreign investors may find it tough to open a corporate bank account in the UAE as the banks have enhanced their due diligence measures after the introduction of Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT) laws. As SAIF Zone maintains a good reputation among the banks, foreign investors need not struggle much to open a business bank account in the UAE. Moreover, business setup advisers in Sharjah can provide investors with a letter of introduction to make the bank account opening process hassle-free.

We Make Business Setup in SAIF Zone Easier

Opening a company in SAIF Zone is a golden opportunity for foreign investors to gain a foothold in the lucrative Middle East region. However, the process of business setup in SAIF Zone involves some complex steps for which you can use some professional advice. Business setup consultants in Sharjah such as Jitendra Business Consultants (JBC) can help investors navigate complex licensing procedures.

JBC is one of the best business setup consultants in Sharjah, UAE with years of experience and reputed service history. JBC can help investors with services such as the selection of activities, advice on license & legal structure, document drafting, PRO services, visa application, bank account opening, sponsoring of dependents etc. We also provide compliance services such as VAT compliance, ESR filings, UBO, and AML. Consult with JBC’s highly qualified company setup experts to get a SAIF Zone license hassle-free.

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