Sharjah Airport International Free (SAIF) Zone is an entrepreneur’s paradise thanks to the favorable business climate it provides. It is considered as one of UAE’s risk-free freezones in terms of the availability of trade license, resources, and markets.
Did you know over 5,300 firms operate from the Sharjah Airport International Free Zone? You might wonder what led them to choose their base as SAIF Zone when 100s of free zones dot the globe.
Here are the top 5 reasons why you should consider starting your business in the SAIF Zone.
1. Quick Licensing
There is literally no bureaucratic intervention, for license matters at the SAIF Zone. The administration here runs a 24 hours licensing window for fast licensing. All you need to do is to select your business, type of license and submit the application with relevant documents to get your license.
2. Encourages Four Types Of Business
The SAIF Zone generally issues four types of licenses:
- for general trading
- for commercial activities
- for service-related business
- for manufacturing and industrial purposes.
SAIF Zone company formation services also provide other benefits such as 100% foreign ownership, 100% capital and profit repatriation, tax exemptions and free transfer of funds.
3. Facilitates Enterprise
As a business, your requirements change as the business grows. The success of your business enterprise largely depends on the timely availability of resources and infrastructure. SAIF Zone has been developed keeping every entrepreneur’s special needs in mind. No matter what type of business you are going to conduct here, you have an array of options for offices, manufacturing units, godowns, parking facilities, bunkers, laborers and budget accommodation. SAIF Zone normally leases their facilities for a 25-year period but it can be further extended upon renewal.
4. Secondary Facilities
It is impossible to conduct any business without availing of the services of restaurants, legal firms, couriers, banks, travel companies, post office, and clinics. At SAIF Zone, all these facilities are just a few blocks away from your business establishment.
5. Location Advantage
With Sharjah International Airport and Seaports in close proximity, SAIF Zone promises strategic logistical advantages to your business. Proximity to these ports lets you easily reach out to a customer base of 2 billion people, including the entire market of Asia, Africa, and Europe. This location can be further leveraged to your advantage whenever you have plans to expand your business to new frontiers.
When entrepreneurs start a business, their primary goal is to improve their profit margins so that the business reaches a break-even point. But often in this chase to improve margins, several start-ups ignore the primary principle of choosing the right location for their business set-up. Sadly, reality often dawns much later, when they realize that the right location plays a critical factor in profit inflows. The real reason behind this is, people start a business without vision or foresight.
Sharjah Airport International Free Zone is one such location, where you can avail the best support and opportunities. Yet, it is always best to seek the advice of registered company formations experts who can help you navigate the unchartered waters and pinpoint the location that will be ideal for your business set-up.