Sharjah free zones are designed to encourage foreign investment.
Also offer 100% foreign ownership, 100% repatriation of capital and profits, 100% import and export tax exemption, 100% exemption from corporate and personal income taxes, 25 year extendable lease plus sponsorship and visas for all staff and much more.
Types of Legal Entities in Sharjah Free Zones
An individual or a corporate entity can set up and do business in Sharjah Free Zones (SAIF Zone or Hamriyah Free Zone) being registered in any of the following legal forms:
- Free Zone Establishment (FZE) – entity with one shareholder
- Free Zone Company (FZC) – entity with 2 to 5 shareholders
- Branch of a Foreign Company
- Branch of a Local Company