Benefits of Company incorporation in SAIF Zone:
• 100% corporate tax exemption
• 100% foreign ownership
• Access to over 2 billion consumers
• 100% import and export tax exemption
• No customs duty
• Abundant and inexpensive energy
• 100% personal income tax exemption
• No currency restrictions
• Sponsorship & visas for all staff
Process of company incorporation at SAIF Zone: Company incorporation in SAIF Zone needs proper planning and decision with different phases. This consists of deciding the business activity and confirming with SAIF Zone, selecting business, legal structures and approximation needed human work force etc.
Document requirements:
• FZE /FZC forms to be filled
• Passport copy of the Owners / Managers
• Project Summary
• A minimum Company Capital of AED 150,000/- to be deposited in any bank in UAE
• Auditors appointment Letter in original
• Original Bank Certificate.
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