Company Formation in Hamriyah Free Zone
Established by an Emiri decree on November 12, 1995, the Hamriyah Free Zone (HFZ) has rapidly evolved into the industrial hub of the Emirate of Sharjah. Known as a next-generation free zone, HFZ is designed to be adaptable, dynamic, and investor-oriented, providing an attractive environment for business setup.
Hamriyah Free Zone Overview
Investors are particularly drawn to Hamriyah Free Zone due to its designation as a “designated zone” for VAT purposes. This status, coupled with competitive incentives and unique opportunities, makes HFZ an ideal location for establishing a business in a tax-exempt environment with full company ownership and complete repatriation of capital and profits. The free zone spans approximately 22 million square meters of prime industrial and commercial land, including a 14-meter deep water port with ample room for expansion.
Strategic Location of Hamriyah Free Zone
Hamriyah Free Zone is strategically located in the Emirate of Sharjah, one of the seven emirates in the UAE. Sharjah boasts ports on the Arabian Gulf’s west and east coast, with access to the Indian Ocean. The emirate offers extensive transportation links to Gulf states, the Indian subcontinent, and emerging markets in Asia and Africa, making it a prime location for international business.
Business Incentives in Hamriyah Free Zone
- Declared Designated Zone under VAT Law: This provides tax advantages for businesses operating within the zone.
- 100% Company Ownership: Investors can fully own their companies without needing a local partner.
- Total Exemption from Commercial Levies: No commercial levies are imposed on businesses within HFZ.
- Complete Repatriation of Capital and Profits: Businesses can repatriate their capital and profits without restrictions.
Additional Advantages of Hamriyah Free Zone
- 25-Year Renewable Land Leases: Investors can lease land for 25 years with an option to renew for 25 years.
- Proximity to Seaports: The free zone is adjacent to a deep-water seaport and offers easy access to Jebel Ali Port.
- Pre-built Warehouses and Offices: Ready-made facilities, including executive office suites with the latest technology, are available for lease.
- International Business Centre: A state-of-the-art business center with modern facilities is available.
- On-Site Staff Accommodation: HFZ offers on-site accommodation for company staff, including senior and junior suites.
- Excellent Logistics Links: The free zone provides easy access to three seaports and Sharjah International Airport.
- Affordable Energy: HFZ offers abundant and inexpensive energy, with electricity priced at $0.05 per KWA and water at $8.17 per 1,000 gallons.
- Flexible Workforce Recruitment: Businesses can easily recruit personnel, benefiting from an efficient and cost-effective workforce.
- Low Cost of Living: Sharjah’s reasonable cost of living makes it an attractive location for businesses and their employees.
Business Activities Permitted in Hamriyah Free Zone
HFZ licenses various business activities, including service, commercial trading, industrial, and manufacturing. Any industrial activity is permitted if it is environmentally friendly and complies with local regulations.
Facilities for Lease
Hamriyah Free Zone offers a variety of facilities for lease, including:
- Pre-Constructed Warehouses, Production Lines, and Offices: Ready-to-use facilities are available for investors, and industrial plots for lease are available for those requiring custom-built facilities.
- Land for Lease: Plots starting from 5,000 square meters are available, with 60% of the land eligible for development. Lease terms range from a minimum of five years to a maximum of 25 years, with options for renewal.
Warehouse, Factory, and Office Units
HFZ allows investors to develop their factories, office infrastructure, warehouses, and other buildings in a custom-fit manner. Pre-built warehousing spaces are available in various sizes, including 614 m², 416 m², and 275 m².
License Packages and Costs in Hamriyah Free Zone
Commercial License Packages
| Business Center Package | E-Office Package 1 | E-Office Package 2 | E-Office Package 3 | E-Office Package 4 |
|---|---|---|---|---|
|
Package Price: AED 11,000
(20% discount – Offer price: AED 8,800) |
Package Price: AED 17,000
(20% discount – Offer price: AED 13,600) |
Package Price: AED 20,000
(20% discount – Offer price: AED 16,000) |
Package Price: AED 25,000
(20% discount – Offer price: AED 20,000) |
Package Price: AED 35,000
(20% discount – Offer price: AED 28,000) |
|
Legal Status: FZE
(1 Shareholder) |
Legal Status: FZE
(1 Shareholder) |
Legal Status: FZC
(1-3 Shareholder) |
Legal Status: FZE/FZC
(1-5 Shareholder) |
Legal Status: FZE/FZC
(1-5 Shareholder) |
|
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 5 product categories / e-Commerce Only |
Activity: General Trading (unlimited product categories) |
|
Office: Hamriyah Business Center (Virtual) |
Office: 10 Square Meter |
Office: 10 Square Meter |
Office: 10 Square Meter |
Office: 10 Square Meter |
|
Visa Quota: 1 |
Visa Quota: 4 |
Visa Quota: 4 |
Visa Quota: 6 |
Visa Quota: 7 |
Service License Packages
| Business Center Package | E-Office Package 1 | E-Office Package 2 | E-Office Package 3 | E-Office Package 4 |
|---|---|---|---|---|
|
Package Price: AED 11,000
(20% discount – Offer price: AED 8,800) |
Package Price: AED 17,000
(20% discount – Offer price: AED 13,600) |
Package Price: AED 20,000
(20% discount – Offer price: AED 16,000) |
Package Price: AED 25,000
(20% discount – Offer price: AED 20,000) |
Package Price: AED 35,000
(20% discount – Offer price: AED 28,000) |
|
Legal Status: FZE
(1 Shareholder) |
Legal Status: FZE
(1 Shareholder) |
Legal Status: FZC
(1-3 Shareholder) |
Legal Status: FZE/FZC
(1-5 Shareholder) |
Legal Status: FZE/FZC
(1-5 Shareholder) |
|
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 3 product categories |
Activity: Import Export Trading of upto 5 product categories / e-Commerce Only |
Activity: General Trading (unlimited product categories) |
|
Office: Hamriyah Business Center (Virtual) |
Office: 10 Square Meter |
Office: 10 Square Meter |
Office: 10 Square Meter |
Office: 10 Square Meter |
|
Visa Quota: 1 |
Visa Quota: 4 |
Visa Quota: 4 |
Visa Quota: 6 |
Visa Quota: 7 |
* Visa and PO Box charges are not included. PO Box charge approx. AED 850 per year.
Warehouse Packages
Warehouse Size Regular Price Discounted Price Industrial License Service Fee Refundable Deposit Incorporation Fee
Hamriyah Free Zone Business Licenses
- Industrial License: This license allows the import of raw materials for manufacturing, processing, or assembly. Finished products may be exported outside the UAE, but sales within the UAE must be conducted through a local distributor or agent.
- Commercial License: This license permits the import, export, sale, distribution, and storage of specified items. Sales within the UAE must be conducted through a local distributor or agent.
- Service License: Authorizes the holder only to carry out specified services within the Hamriyah Free Zone.
Business Benefits in Hamriyah Free Zone
- 100% foreign ownership
- 100% import and export tax exemption
- 100% exemption from all commercial levies
- 100% repatriation of capital and profits
- 25-year leases available, renewable for a further 25 years
- No corporate profits tax or personal income tax
- Strategic location with access to global markets
- Access to the UAE and GCC markets
- Attractive investment incentives
- Abundant and inexpensive energy
- Developed infrastructure
- Land available for lease for investor development
- Purpose-built office accommodation, warehousing, and factory units
- Three seaports and an international airport
- Favorable low-cost living conditions
- Low labor costs
Company Formation in Hamriyah Free Zone
Investors can choose between incorporating a new company (FZE/FZC) or establishing a local or international company branch. For branch setup, no capital must be deposited with a UAE bank.
Our firm, with a regional focus and global representation, covers all aspects of business in the UAE. We offer comprehensive services for establishing businesses in the Hamriyah Free Zone. We are committed to providing clients with timely, personalized business advisory services, helping them plan and solve simple and complex challenges.
We look forward to doing business with you!
Frequently Asked Questions
The cost of setting up a company in the Hamriyah Free Zone Authority (HFZA) is determined by company setup packages, license type, legal structure, ownership type, and business facilities.
HFZA offers a range of flexible business facilities, including offices, warehouses, land and port facilities, and staff accommodation. These can be tailored to meet your specific business needs. For more information, contact the Creation team.
HFZA is known for its efficient processes. The Hamriyah Free Zone Authority (HFZA) can issue a company setup license in as little as one hour, depending on the license type, legal structure, ownership type, business activity, and facility rental.
HFZA understands the complexities of visa applications. Once the company's immigration card is issued, the Hamriyah Free Zone Authority (HFZA) visa can be applied for. Expert consultation on visa options and services is readily available to guide you through the process.
HFZA offers commercial, service, and industrial licenses and provides guidance on selecting the most suitable option for the Hamriyah Free Zone Authority.
HFZA offers various business activities, including import and export, general trading, consulting, and e-commerce. For optimal selection, consultations with Silver Oak Business and structuring teams are recommended.
The company liquidation process in Hamriyah Free Zone Authority (HFZA) involves several steps and compliance requirements. These include arranging a consultation, examining the shareholding structure, license, and business activities, receiving payment, arranging an onboarding meeting, and managing the process by the Creation Operations team.
The cost of a UAE residency visa at Hamriyah Free Zone Authority (HFZA) varies based on the type of application, including employee, partner, or investor visa fees.
The Hamriyah Free Zone Authority (HFZA) offers various sectors, including oil and gas, a food park, an industrial manufacturing park, the maritime industry, global logistics, and an accelerator hub.
The Hamriyah Free Zone Authority (HFZA) is not offshore but a free zone in the Northern Emirate of Sharjah, United Arab Emirates.
Ajman Mainland Company Formation
Our expert team offers seamless business setup services in Ajman Mainland. We guide you through licenses, regulatory requirements, and paperwork and ensure efficient business compliance, allowing you to focus on growing your business. We are authorize Business consultant in ajman.
Ajman Free Zone Offshore
We offer expert services for forming an offshore company in the Ajman Free Zone, ensuring smooth registration, documentation, compliance, and setup. Benefit from the tax and regulatory environment, enhancing global reach and leveraging the strategic location.
