SAIF Zone highlights investor incentives
Sharjah Airport International Free Zone keen to highlight benefits to potential tenants
Sharjah Airport International Free Zone (SAIF ZONE) will exhibit at GITEX TECHNOLOGY WEEK. Set up in 1965, it is the premier business destination in Sharjah with more than 5600 companies from 138 countries operating out of it. Tenant companies are involved in varied business activities, like light to medium manufacturing, trading and providing services such as IT and consultancy.
Companies are attracted to SAIF ZONE by the array of benefits, incentives and infrastructure. The SAIF ZONE offers modern premises with state of the art facilities, including air-conditioned and fully furnished offices, pre-built warehouses in four different sizes with office space, temporary storage space, labour accommodation, as well as land for unrestricted development.
Other facilities available include banks, exchange houses, travel agencies, car rental services, supermarkets and restaurants. A competitive fee structure, inexpensive energy costs, and sponsorship and visas for expatriate staff are further advantages within SAIF ZONE. Free from bureaucratic red tape, the registration process enables business licenses to be issued within 24 hours.
The other benefits investors enjoy at SAIF ZONE are 100% foreign ownership, 100% repatriation of capital and profits, and 100% exemption from income and corporate taxes. The free zone’s ‘one window’ concept provides all administrative services under one roof.
Visitors to GITEX will hear how SAIF ZONE is now embarking on its next phase of expansion to meet the growing demands of investors wanting to set up operations there.