Hamriyah Free Zone
General Information about Hamriyah Free Zone Authority – HFZA :
Hamriyah Free Zone is one of the fastest growing industrial free zones in the world. Located on the road connecting Sharjah to Ras Al Khaimah and Fujairah, it is geographically one of the most strategically located free zones in
the country. Hamriyah Free Zone (HFZ) was 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 ensures that its management is flexible and dynamic besides being an investor oriented free zone.
Hamriyah Free Zone Authority Company Formation :
Hamriyah Free Zone was created in 1995, fast becoming one of the cornerstones of the United Arab Emirates industrial development. We have a friendly and supportive staff to assist new businesses with all their industrial needs, including company registration, visas for foreign employees, customs clearance procedures and other regulations for free zones. We are ensuring that our business environment is growing alongside your growth.
The Hamriyah Free Zone Authority provides the following services to investors :
Business is done faster and cheaper in Dubai. Conveniently located by road or sea, this location benefits from large infrastructure, telecommunications and energy lines and water resources. The UAE Government has put into place many incentives for foreign investors including a 100% foreign ownership policy in Free Zones, tax exemptions and red tape reduction.
Types of business licenses in Hamriyah Free Zone :
Industrial License :
This license will allow the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products.
The finished products may be exported outside the UAE. To sell in the UAE market then you can do this through a local distributor or local agent.
Commercial License :
This license will allow the holder to import, export, sell and distribute items specified on this license in the UAE. It is essential that you have a local distributor or reseller who will sell your finished product to the consumer market in UAE.
Service License :
A service license is required to carry out business activities in the Hamriyah Free Zone.
Business benefits within Hamriyah Free Zone.
Industrial License :
- A hundred percent Foreign company ownership is permitted
- A hundred percent Import and export taxes are completely exempt. All commercial levies are exempted
- A hundred percent Capital and profit repatriation is permitted.
- There are 25-year leases available, which can be renewed for another 25 years
- There is no corporate profit tax. There is no personal income tax
- Strategic location for global market access
- Gaining access to the markets of the UAE and the GCC
- Enticing investment incentives.
- Abundant and cheap energy
- Land developed for investor development is available for lease.
- Purpose-built office, warehousing, and manufacturing facilities
- Three seaports and an international airport are available.
- Low-cost living conditions are advantageous.
- Labor costs are low
- Formation of the Hamriyah company
- Business advantages in the Hamriyah Free Zone
Establishing a new company (FZE/FZC) in the Hamriyah Free Zone :
We offer comprehensive services for doing business in the Hamriyah Free Zone Authority. We are committed to provide the best business advisory services on a timely basis with personal dedication to each client, helping them with their plans and being available to help and solve simple and complex problems.