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Company Formation in Hamriyah Free Zone
Hamriyah Free Zone (HFZ) in Sharjah, UAE, is one of the most attractive locations for new entrepreneurs and businesses looking to establish their business in the Middle East. With its strategic location, modern facilities, and professional, supportive business environment, HFZ offers many opportunities for local and international investors. We are a registered agency of the Hamriyah Free Zone, and we will assist with the company formation process, covering the advantages, types of licenses, facilities available, costs associated with licensing and visas, and why Silver Oak Documents Clearing Services LLC is the perfect partner in this journey.
Advantages of Company Formation in Hamriyah Free Zone
Setting up a company in Hamriyah Free Zone offers several advantages for entrepreneurs and investors. It provides 100% foreign ownership, full repatriation of profits and capital, and zero corporate and personal income taxes. The free zone is strategically located near Sharjah’s seaport and airport, making it ideal for international trade and logistics. Businesses also benefit from affordable setup costs, flexible office solutions, and a business-friendly regulatory environment that supports growth across various industries.
- 100% Foreign Ownership: Unlike many other business setups in the UAE, HFZ permits 100% foreign ownership, enabling investors to control their businesses fully.
- Tax Benefits: Companies established in HFZ enjoy zero corporate taxes and no personal income taxes, making it a cost-effective choice for business operations.
- Strategic Location: HFZ is located near Sharjah’s major roads and ports, providing easy access to global markets and facilitating trade.
- Business-Friendly Environment: The free zone offers a streamlined business registration and licensing process, minimizing bureaucratic hurdles.
- Customizable Facilities: HFZ offers a range of facilities and office solutions designed to meet the diverse needs of various business types.
- 25-Year Renewable Land Leases: Investors can lease land for 25 years with the option to renew for an additional 25 years.
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 situated adjacent to a deep-water seaport, offering 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.
Free Zone Offer Types of Licenses
- In Hamriyah Free Zone, there are several types of licenses available depending on the nature of your business: Get Free Quote
- Trading License: This license is suitable for businesses engaged in import and export activities, including the purchase and sale of goods.
- Industrial License: Designed for companies manufacturing or processing goods and products.
- Service License: This is for businesses offering professional services, including consulting, IT solutions, and other specialised offerings.
- E-commerce License: This license enables businesses specialising in online retail to operate a digital storefront.
Types of Facilities Provided by Hamriyah
Hamriyah Free Zone offers a range of facilities to accommodate different business needs:
- Industrial Warehouses: These are designed for manufacturing and storage, providing ample space for production.
- Office Spaces: Available in various sizes, these workspaces are suitable for startups and established businesses.
- Showroom Facilities: These facilities are ideal for businesses that require display space for their products. They provide visibility and accessibility to customers.
- Land for Development: HFZ also offers land plots for businesses seeking to establish their facilities.
License Packages and Costs in Hamriyah Free Zone
In the Hamriyah Free Zone, the costs of licenses and visas depend on the nature of your business. The cost of obtaining a license and residency visa in HFZ varies depending on the type of business and the facilities chosen:
License Fees: License fees typically range from AED 10,000 to AED 15,000, depending on the license type and business activity.
Visa Costs: A residency visa costs approximately AED 3,000 to AED 5,000, which includes medical tests and Emirates ID issuance.
Additional Costs: Entrepreneurs should also factor in costs for office space, utilities, and extra services, which may vary based on specific needs.
Hamriya Free Zone Visa Packages
- 1 Visa Package Price: AED 11,000 (20% discount – Offer price: AED 8,800)
- 4-Visa Package Price: AED 17,000 (20% discount – Offer price: AED 13,600)
- 4-Visa Package Price: AED 20,000 (20% discount – Offer price: AED 16,000)
- 6 Visa Package Price: AED 25,000 (20% discount – Offer price: AED 20,000)
- 7 Visa Package Price: AED 35,000 (20% discount – Offer price: AED 28,000)
Why Choose Silver Oak Documents Clearing Services LLC
When establishing your business in the Hamriyah Free Zone, hiring the right business consultant can complete the entire document process for a business startup. Silver Oak Documents Clearing Services LLC is a trusted name in the industry, offering comprehensive support for all types of licenses and visa processing. Here’s why you should choose us:
Company formation in the Hamriyah Free Zone presents many opportunities for businesses looking to thrive in the UAE. With its advantageous location, tax benefits, and supportive environment, HFZ is an ideal location for both new and established companies. By choosing Silver Oak Documents Clearing Services LLC as your business consultant, you can confidently navigate the process, ensuring a seamless setup experience. Let us help you bring your business vision to life in the Hamriyah Free Zone!
Authorised Consultant: We are an authorised business consultant recognised for our expertise in HFZ and other free zones in the United Arab Emirates.
Business Solutions: Every business is unique, so we provide customized solutions to your needs.
Streamlined Process: Our experienced team streamlines the company formation process, minimising delays and ensuring that all paperwork is handled efficiently and accurately.
Expert Guidance: We have an in-depth knowledge of local regulations and requirements to guide you through every step, from application approval.
Ongoing Support: HFZ offers a range of facilities and office solutions designed to meet the diverse needs of various business types.
Some Other Free Zones Business Setup options avialable in UAE
The Meydan Free Zone, located in Dubai, is an emerging hub that offers a strategic advantage for businesses focused on the hospitality, sports, and real estate sectors, providing a dynamic environment for innovation and growth. Ajman Free Zone is known for its competitive licensing fees and a wide array of services designed to facilitate quick and affordable Mainland business setup in dubai, attracting SMEs and startups from various industries. Meanwhile, Umm Al Quwain Free Zone stands out for its flexible regulations and ease of business setup, making it an attractive option for entrepreneurs looking to establish a cost-effective base in the UAE. Lastly, the RAK Economic Zone (RAKEZ) offers a comprehensive package that includes a range of business activities and benefits, such as zero corporate tax and 100% foreign ownership, making it a popular choice for local and international businesses seeking to expand their operations in a supportive economic environment. Together, these free zones offer numerous opportunities for entrepreneurs seeking to establish a presence in the UAE diverse economy.
Do you have any question? Find answer here
How Much Is A Company Set Up Cost In Hamriyah Free Zone Authority (Hfza)?
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.
What Are Hamriyah Free Zone Authority (Hfza) 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.
What Is The Hamriyah Free Zone Authority (Hfza) Company Setup Time Frame?
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.
How Do I Get a Hamriyah Free Zone Authority (Hfza) Visa?
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.
Is Hamriyah Free Zone Authority (Hfza) Offshore?
The Hamriyah Free Zone Authority (HFZA) is not offshore but a free zone in the Northern Emirate of Sharjah, United Arab Emirates.
What Are The Types Of Licenses In The Hamriyah Free Zone Authority (HFZA)?
HFZA offers commercial, service, and industrial licenses, as well as guidance on selecting the most suitable option for the Hamriyah Free Zone Authority.
What are the available business activities At Hamriyah Free Zone Authority (Hfza)?
HFZA offers a range of 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.
What Are The Company Liquidation Requirements Of Hamriyah Free Zone Authority (HFZA)?
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.
How Much Is The Cost Of A Uae Resident Visa In Hamriyah Free Zone Authority (HFZA)?
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.
What Are The Available Sectors In Hamriyah Free Zone Authority (Hfza)?
The Hamriyah Free Zone Authority (HFZA) offers a range of sectors, including oil and gas, a food park, an industrial manufacturing park, the maritime industry, global logistics, and an accelerator hub.
