Hamriyah Free Zone – Ideal for Businesses in manufacturing, trading, logistics, and various service sectors.
Looking to set up your business in Hamriyah Free Zone? At Raes Associates, we provide expert guidance to help you get started quickly and efficiently. Whether you’re in manufacturing, trading, or industrial services, we ensure a seamless company registration process.
- 100% foreign ownership
- Flexible land leasing options
- VAT Designated Zone for tax exemptions
- Repatriation of profits and capital
- Cost-effective utilities
- Pre-built warehouses and office units
Set up your business in Hamriyah Free Zone, starting
About Hamriyah Freezone
Established through an Emiri Decree in November 1995, Hamriyah Free Zone (HFZ) is a premier industrial hub located in Sharjah. Spanning over 22 million sq. meters and featuring a 14-meter deep water port, HFZ offers businesses unparalleled access to international markets. The zone’s VAT “Designated Zone” status adds significant value for investors seeking tax exemptions and the ability to retain 100% business ownership.
Benefits of Hamriyah Freezone Company Setup
Hamriyah Free Zone stands out for its investor-friendly policies and array of benefits:
Curious About the Cost? Get a Quick Business Setup Estimate!
Hamriyah Free Zone Company Formation Process
Step 1: Choose Your Business Activities and License Type
Selecting the correct license and business activities is crucial for a smooth company setup. Ensure that the activities you choose align with your business objectives and operations, as this will determine the type of license you need. Incorrect selection can lead to issues like limited ability to open a bank account or restrictions on business activities.
Step 2: Determine the Legal Entity of Your Business
Decide on the legal structure for your business. HFZ offers several options, including:
- FZE (Free Zone Establishment) for single-owner companies.
- FZC (Free Zone Company) for companies with multiple shareholders.
- Branch of an existing company, either domestic or international.
Choosing the correct structure is essential as it impacts company ownership, liability, and operational flexibility.
Step 3: Prepare and File the Required Documentation
The next step is to prepare and submit the required documentation:
- Passport copies of the shareholder(s) and director(s).
- Passport-size photo(s).
- Business plan (for certain activities like medical, food, and pharmaceutical businesses).
- No Objection Certificate (NOC) from your current sponsor (if applicable), attested by the Chamber of Commerce.
- Payment for all registration and processing fees.
This minimal paperwork requirement ensures that the process is quick and efficient.
Step 4: Collect the License and Registration Documents
Once your documentation is processed, you’ll receive:
- Certificate of Incorporation.
- Business License.
- Memorandum and Articles of Association (MOA).
- Investment Service Agreement.
- Share Certificate.
- Lease Agreement (only hard copies).
These documents grant you the legal right to operate your business within the HFZ and serve as official proof of your company’s registration.
Step 5: Secure Your Establishment Card
After registration, you will receive an Establishment Card. This card contains your company’s details and visa quotas for the company’s employees.
Step 6: Apply for an Entry Permit
If you are not already in the UAE, you will need to apply for an Entry Permit. Upon arrival, you must complete the biometrics and medical examination process within 60 days. If you are already in the UAE, your current tourist or resident visa will be adjusted to your new business visa.
Step 7: Complete a Medical Test and Submit Visa Documents
Undergo a medical examination and submit the necessary visa documents for you and your employees. The number of available visas depends on the registration package you select. The process also includes applying for residency visas for the company’s owners and employees.
Step 8: Collect Your Emirates ID
Once your visa is approved, you will need to obtain your Emirates ID, which serves as an official identification card within the UAE.
Step 9: Open a Corporate Bank Account
With your company registered and visa issued, you can now open a corporate bank account. This is an essential step to ensure you can start operating your business and manage your finances. HFZ’s reputation makes this process easy, with access to many prominent banks located within the free zone.
Business Activities Permitted in HFZ
Hamriyah Free Zone caters to various business sectors, including:
- Service Activities
- Commercial Trading
- Industrial and Manufacturing Activities
(Note: All industrial activities must comply with environmental standards and local regulations.)
Facilities Available for Lease in HFZ
- Pre-Built Warehouses and Office Units
- Warehouse sizes ranging from 275 m² to 614 m².
- Executive office suites equipped with modern amenities.
- Industrial Land Plots
- Customizable plots starting from 5,000 m².
- Up to 60% of the leased land can be developed.
- Staff Accommodation
- Onsite housing with senior and junior staff suite options.
Licensing Packages and Costs
License Type | Rate | Details |
Commercial License | Starting at AED 8,800 (with a 20% discount) | Up to 5 shareholders, multiple visa quotas. Activities: import/export trading and e-commerce. |
Service License | Starting at AED 8,800 (with a 20% discount) | Covers up to 5 service activities depending on the package. |
Warehouse Packages |
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400 m² Warehouse | AED 121,500 (discounted) |
|
600 m² Warehouse | AED 153,000 (discounted) | Eligible for up to 45 visas. |
