Hamriyah Free Zone established by an Emiri decree issued on November 12, 1995, HFZ is fast becoming one of the cornerstones of the United Arab Emirates industrial development. As the Next Generation Free Zone, Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor-oriented free zone.
Hamriyah Free Zone Authority took creation in 1995, fast becoming one of the cornerstones of the United Arab Emirates industrial development. Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor-oriented free zone, providing competitive incentives and unique opportunities to establish a business in a tax-free environment, full company ownership, exemptions from all commercial levies and repatriation of capital and profits. The free zone manages an area of approximately twenty-two million square meters of prime industrial and commercial land and a deep-water port, which is continuously expanding.
Hamriyah Free Zone Authority offers an array of facilities for investors:
- Access to 14-meter deep water port and 7-meter deep inner harbor;
- Land lease for 25 years renewed for a similar period;
- Pre-built warehouses, factories, and office units for rent;
- Executive office suites in the International Business Center for lease;
- On-site accommodation for investors’ personnel including a recreation center and health club;
- Transportation via road, three, and Sharjah International airport;
- Highly developed infrastructure and telecommunications links;
- Abundant and inexpensive energy (Electricity: $0.05 per KWA, Water: $8.17 per 1000 Gallons);
- Liberty for personnel recruitment and economic workforce;
- Affordable cost of living.
Business licenses types:
Industrial License
This license will allow the holder to import raw materials for manufacturing, processing, and assembly of specified products. The finished products may be export outside the UAE. If the finished products sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.
Commercial License
This license will allow the holder to import, export, sell, distribute and store items specified on the permit. If the finished products sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.
Service License
This license allows the holder to carry out the services specified on the permit within the Hamriyah Free Zone only.
Business benefits within Hamryiah Free Zones:
- 100% Foreign company ownership is allowed
- 100% Import and Export tax exemption
- 100% Exemption from all commercial levies
- 100% Repatriation of capital and profits allowed
- 25 year leases available, renewable for a further 25 years
- No corporate profits tax No personal income tax
- Strategic location to access global markets
- Access to the UAE and GCC markets
- Attractive investment incentives
- Abundant and inexpensive energy
- Developed infrastructure
- Land for lease for investor development
- Purpose built office accommodation, warehousing, and factory units
- Three seaports and international airport
- Favorable low-cost living conditions
- Low labor costs
Hamryiah company formation:
Incorporating a new company (FZE/FZC)
We are establishing a branch. Business set up a department of a local company or an international company no capital is required to be deposit with the UAE bank.