Hamriyah Free Zone

Free Zones in the UAE attract investors by offering advantages such as complete business ownership and 100% tax exemption. Like any other free zone, Sharjah Free Zone is also inviting global talents across the world to invest in the land. Hamriyah Free Zone is one of the most popular and most sought-after free zones in the UAE. The Hamriyah Free Zone Authority (HFZA) was incorporated by the Emiri Decree No.6 on November 12, 1995. The free zone is known for the role it played in the United Arab Emirates industrial development.

HFZA offers competitive incentives and unique opportunities for the investors to set up a business in a tax-free robust environment. The free zone is spread over an area of approximately 26 Million Square Meters of industrial and commercial land and a 14m deep Hamriyah Port that also has a scope for expansion in the upcoming future. Hamriyah Free Zone has been playing a prominent role as the pre-eminent industrial base of the United Arab Emirates since its inception, with its strategic location between the three continents, catering to a growing market of over 1.5 Billion people.

Types of Entities in Hamriyah Free Zone

Free Zone Establishment (FZE) (Entity with 1 shareholder)

Free Zone Company (FZC) (Entity with 2-5 shareholders)

Branch of a Foreign Company

Branch of a Local Company

Zones in Hamriyah Free Zone

Hamriyah SME Zone

Hamriyah Logistic Village

Hamriyah MB Zone

Hamriyah Industrial Zone

Perks of Setting Up a Business in Hamriyah Free Zone

Hamriyah Free Zone Authority ensures that its management is flexible and dynamic, in addition to being an investment-oriented free zone. Compared to other free zones in UAE such as Abu Dhabi free zone and Dubai free zone that have already established their presence in the global market, Hamriyah Free Zone in Sharjah stands shoulder to shoulder with them. HFZA has been home for investors so far mainly due to the 100% ownership facility it offers. The free zone is accessible via land, air and sea. Tax exemption in HFZA is another major benefit of setting up business here.

100% foreign ownership

100% repatriation of capital and profits

Zero customs duty

No currency restriction

Reasonable cost of living

Excellent infrastructure

Land lease for 25 years (renewable for another 25 years)

Pre-built warehouse and office units for lease

Freedom for employee recruitment

Key Steps to Set Up a Business in Hamriyah Free Zone

At Hamriyah Free Zone, the focus is on the development of Small to Medium-sized Enterprises (SMEs). The process to set up a business in HFZA is simple, just like in any other free zone in the UAE. 60 minutes is all it takes to set up your business and obtain a trade license on the spot at HFZA. You can set up your business in three easy steps.

Submit the signed application forms with required documents

Make the payment

Collect your trade license

Documents Required to Get a License in Hamriyah Free Zone

For establishing FZE/ FZC

A copy of the shareholder’s and manager’s passport, and

A copy of the shareholder’s and manager’s visit/tourist visa or

An attested “No Objection Letter” from current sponsor (if holding a valid UAE employment visa)

For Opening a Branch or Subsidiary Company

A copy of the parent company’s license

The parent company’s certificate of incorporation

The parent company’s memorandum and articles of association

A board resolution for establishing the branch or subsidiary in Hamriyah Free Zone, stating the appointed director, manager and authorized signatory.

Copies of the directors’ and manager’s passport and visa

• For a local company, the documents need to be attested by the Economic Department or the Free Zone Authority where the company is incorporated
• For a foreign company, the company documents must be notarized and attested by the UAE Embassy in the country of origin

Price Estimate for Business Set Up in Hamriyah Free Zone

HFZA being a home to around 6,500 companies from 163 countries, leverages technology and business for the benefit of organizations. It is always advisable to seek expert advice from the professional consultants before commencing business activity. Prime Global handles business formalities and support services required for your business set up. Our well-experienced team will study your requirements and help you achieve your goal so conveniently. Contact us today for a free walkthrough through the entire procedure.

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