SAIF ZONE
Company registration
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To operate from within the SAIF-Zone, a company has to be incorporated. The Legal Status of the companies in SAIF-Zone is classified as here under.
1. Free Zone Company (F.Z.C)
Two or more legally capable persons natural or juridical can establish a Free Zone Company in SAIF-Zone with a minimum capital of AED.150, 000/- or its equivalent in US Dollars. In normal cases the maximum number of shareholders is up to 5 and if approved by the SAIF-Zone management the maximum number of shareholders can go up to 7 shareholders. Liability shall be limited to the FZC's share capital.
2. Free Zone Establishment (F.Z.E)
A legally capable person natural or juridical can establish a Free Zone Establishment in SAIF-Zone. In other words there shall be only one owner (shareholder) in a Free Zone Establishment. The minimum amount of capital required is AED.150, 000/- or its equivalent in US Dollars. Liability shall be limited to the FZE's share capital
Benefits which SAIF Zone offer to businesses are as follows:
100% foreign ownership.
100% repatriation of capital and profits
100% exemption from corporate and personal income tax.
No import/export duties.
25 year leases extended for a similar period.
Sponsorship and visas for all staff.
24x7 operational freedom.
Facility rental protection.
Documents Required
FZE /FZC forms to be filled
Project Summary
Passport copy of the Owners / Managers
A minimum Company Capital of AED 150,000/- to be deposited in any bank in UAE (can be withdrawn in a few days)
You also need to submit to us the following letters in original viz.:
Auditors appointment Letter in original (registered with SAIF-Zone);
Bank Certificate in original, specifying the capital.
Cost Guidelines
License Cost depends on the activity of license required.
For more information's please feel free to contact me on rupeshpr@hotmail.com or
call me 00971-553660266
call me 00971-553660266
