Sharjah Airport International Free Zone offers some of the most attractive business incentives in the region, including speed of service and simplicity of operations. The extremely lengthy and bureaucratic procedures in the Middle East can pose a serious barrier to potential investors, but Sharjah Airport International Free Zone has a 24-hour licensing service, which enables companies to operate in a shorter time than ever before. The customer base is among the largest in the world congregated in a unified hub, with the potential to reach over 2 billion people within a four-hour flight and one of the most dynamic regions in the UAE.
The free zone at Sharjah International Airport was established in 1995 to include distinguished commercial businesses in airports in various regions of the world and added a new concept in the world of trade and business, as the free zone at Sharjah Airport provides tax exemptions for travelers and business owners, and also provides distinguished services that will support businesses and investors. Providing many opportunities for communication and cooperation with others.
The Sharjah International Airport Free Zone Authority seeks to become a prosperous business center based on the economic growth of the United Arab Emirates, by providing a safe commercial environment for companies and stimulating the establishment and conduct of business in Sharjah. One of the tasks of the Sharjah International Airport Free Zone is to facilitate the mechanism of dealing and clarify Information and procedures for companies interested in working in the free zone at Sharjah International Airport and building a strong communication network in order to unify information related to the companies’ business.
The Sharjah Airport Free Zone provides many features that encourage investment and business, including:
- The ability to transfer money to the country of origin without imposing any restrictions
- Allowing free foreign ownership
- Complete exemption from corporate and individual taxes
- Complete exemption from import and export duty tax
- Facilitating the mechanism of establishing businesses in a rapidly growing infrastructure
- A distinctive and strategic location for business to facilitate access to various places and regions
- Lands of different sizes
- Exchange companies and international banks nearby
- Service and medical facilities such as restaurants and supermarkets, including the duty free market at Sharjah Airport
- Possibility of accommodation and customs services
- Accommodation for foreign workers
- International and local shipping services
Establishing companies in the Sharjah International Airport Free Zone
The advantages of the free zone are compatible with the interests of all companies operating in the trade and industry sector, in addition to the service provision sector, as these advantages are compatible with many distinct services provided by foreign companies, and among these advantages is the possibility of employing any person, taking into account immigration procedures. The following are the procedures for establishing companies in the Sharjah International Airport Free Zone:
- Choose the type of business license from among the commercial license, services license, or industrial license, and their types include:
- Free zone establishment
- Free zone company
- Branch of a company
- Branch of a foreign company
- Choose what the facility is, which is divided into:
- office
- Stores
- piece of ground
- Jewelry complex
- Stand for shipping containers
- Workers’ housing
How can you establish a company in the free zone?
Establishing companies in the free zones in Dubai is much easier than establishing a company inside Dubai, as it can be 100% owned by any nationality, and the presence of a partner or sponsor who is a citizen of the UAE is not required, as the company is registered as a free zone establishment or it is a company belonging to The free zone or a branch or representative office in the free zone in Dubai. In this case, it is possible for the main company to be outside the Emirates, and it is not required to be inside the Emirates. The companies located within the free zone are regulated through the authority responsible for the free zone, which is the one that issues any licenses to the company. This depends on the location of the free zone and the activity it carries out. The type of license issued by the responsible authority varies according to the commercial activity. A company can be established in the free zone by following some steps, including:
- Choose the company’s location
- Agreeing on the trade name, as it is the name that distinguishes one company from another.
- Obtaining the company’s business license.
- Obtaining initial approval to start work.
- Commercial license registration.
- Complete the requirements for a commercial license and obtain it.
Establishing a company in the free zone
The UAE is distinguished by the fact that it has more than 40 free zones in addition to some areas that are being established. Therefore, establishing a company in a free zone is one of the difficult matters facing the investor, as it is difficult to choose between many areas. Therefore, Kaber Company, through its great experience in business management, undertakes By helping many investors choose the appropriate free zone for their commercial activity, it also helps in establishing and establishing a company in the free zone in the shortest time and at the lowest costs.