Hamriyah Free Zone Company Formation
Hamriyah Free Zone (HFZ) is one of the fastest-growing industrial free zones in the UAE, located in the Emirate of Sharjah. HFZ currently houses over 6500+ companies from all over the world, with an investment of $74 million.
It offers a dynamic environment for businesses looking to establish their presence in the Middle East. HFZ provides excellent infrastructure, diverse facilities, and a business-friendly regulatory framework.
If you are looking to establish your presence in the UAE, Hamriyah Free Zone is a great place to set up your company. Solutions FZCO is a registered agent for HFZ, and we handle all the requirements from licensing to setting up a bank account, and getting your business started.
Why Set Up a Business in Hamriyah Free Zone?
Setting up a business in Hamriyah Free Zone comes with numerous advantages. The location, incentives, and supportive business ecosystem make it an ideal choice for entrepreneurs and companies aiming to expand in the region.
Thanks to its unique location in Sharjah, HFZ gets access to both the Arabian Gulf and the Gulf of Oman. It is also close to Sharjah International Airport and is connected to all other emirates via road network.
Hamriyah Free Zone is a preferred location for industrial and manufacturing companies because of its low-cost energy supply. It also features all the additional facilities to help your business setup.
Benefits of Setting Up a Company in Hamriyah Free Zone
- 100% company ownership
- Full exemption from income/ corporate tax
- VAT-free zone
- 0% duties on exports and imports
- Complete repatriation of profits
- Easy access to Jebel Ali Port
- Lease land for 25 years
- Easy logistics link to sea ports
- Inexpensive energy (electricity, water)
- Cost-effective business setup
- A wide range of business activities
- State-of-the-art infrastructure
Range of Facilities Offered by HFZA
Hamriyah Free Zone Authority provides a variety of facilities to meet business needs:
- Deep Water Port: Facilitate import and export operations with ease. The 14-meter-deep water port has two general cargo berths, two container terminals, and dedicated petrochemical handling.
- Land for Lease: Large plots are available for long-term leases. It offers industrial plots in various sizes ranging from 2,500 sq meters and up.
- Warehouse/Factory/Office Units: Ready-to-use units for diverse business activities. These pre-built facilities come in different sizes to accommodate all businesses.
- Business Centre: Modern office spaces and meeting rooms are available at the Business Centre. It offers state-of-the-art executive offices, conference rooms, and more.
- Staff Accommodation: Residential units for employees are also available for investors who need housing facilities for their workers. There are also recreation centers, canteens, and a health club.
Types of Licenses Offered by Hamriyah Free Zone Authority
HFZA offers multiple types of licenses for different business activities. These include:
- Commercial License: For trading and commercial activities.
- Industrial License: For manufacturing and industrial operations.
- Service License: For service-oriented businesses.
- E-commerce License: For online business activities.
- Freelance Permit: For individual professionals.
List of Industries in Hamriyah Free Zone
HFZ hosts a wide range of industries, including:
- Manufacturing
- Trading
- Logistics
- Petrochemicals
- Food Processing
- Maritime
- Textiles
- Electronics
- Building Material
- Heavy Industry
- Marine
- Steel
- Timber
- Perfume and Cosmetics
- Recycling
- Retail
- SMEs
Types of Legal Structures in Hamriyah Free Zone
You can choose from several legal business structures when setting up a business in HFZ:
- Free Zone Establishment (FZE): A single shareholder entity.
- Free Zone Company (FZC): A multi-shareholder entity.
- Branch Office: A branch of an existing UAE company, or offshore company.
How to Set Up a Business in Hamriyah Free Zone [Steps]
Follow these steps to launch your company in Hamriyah Free Zone:
Choose a Business Activity
Decide on the type of business you wish to conduct and select a name for your company. The trade name must meet the regulations set by the free zone authority.
Select a Legal Structure
Determine the legal form of your company. Your business license type and application process depend on the legal structure of your company.
Apply for a License
Submit the required documents and application for the desired license to the free zone authority.
Lease Facility
Choose and lease the necessary facility (office, warehouse, land). Hamriyah Free Zone Authority offers plenty of bespoke offices, open land, and warehouses.
Register Your Company
Complete the company registration process with HFZA and pay the required fee to the free zone authority.
Obtain Visas
Apply for visas for employees and dependents as needed. You can get up to 7 visas without renting an executive office.
Open a Corporate Bank Account
Open a corporate bank account to manage your company’s financials. There are various local and international banks in the Hamriyah Free Zone.
Start Operations
Begin your business activities in the Hamriyah Free Zone and enjoy various incentives.
Start Your Business Today with Solutions FZCO!
At Solutions FZCO, we specialize in assisting businesses with their setup and operations in Hamriyah Free Zone. Our expert consultants provide end-to-end support through our local contacts, ensuring a smooth and efficient process.
So, if you are looking to invest or set up your company in the UAE, Hamriyah Free Zone is a great option.
Leverage our local contacts with the authorities to speed up your business registration process. Contact us today to start your business journey in HFZ!
