Looking to start a business in  Hamriyah Free Zone? Raes Associates offers business setup solutions that make the process hassle-free. With our expert knowledge and support, we’ll ensure your company is up and running smoothly in Hamriya Freezone, enabling you to focus on maximizing your business potential. 

About Hamriyah Freezone

Hamriyah Free Zone, located in the emirate of Sharjah in the United Arab Emirates, offers a thriving ecosystem for businesses with its strategic location, investor-friendly environment, and extensive infrastructure. Company formation in Hamriyah Free Zone is a sought-after option for businesses looking to expand their presence in the Middle East and beyond. This comprehensive guide will explore the process of setting up a company in Hamriyah Free Zone, the benefits of such an endeavor, the required documentation, and the types of licenses available, with insights into how Raes Associates can facilitate and enhance this process.

Benefits of Hamriyah Freezone Company Setup

Opting for a Hamriyah Free Zone company setup offers numerous advantages:

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Strategic Location
Located at a crossroads of trade between East and West, the Hamriyah Free Zone provides access to global markets, making it an ideal hub for international business.
100% Foreign Ownership
Businesses can benefit from 100% foreign ownership, with no requirement for a local partner, providing full control over operations.
World-Class Infrastructure
Hamriyah Free Zone boasts state-of-the-art infrastructure, including ready-to-use offices, warehouses, and industrial plots.
Tax Incentives
Companies enjoy tax exemptions, including 100% corporate and personal income tax exemption, enhancing profitability.
Repatriation of Capital and Profits
There are no restrictions on the repatriation of capital and profits, offering financial flexibility to businesses.

Documents Required for Hamriyah Freezone Company Registration


The Hamriyah Free Zone company registration process is streamlined, requiring the following documents:

Types of License Available for Hamriyah Free Zone

Hamriyah Free Zone offers a variety of licenses to cater to different business activities:

Industrial License
For manufacturing, processing, assembling, and packaging activities.
Commercial License
For trading activities, including import, export, distribution, and storage of specific products.
Service License
For service-oriented businesses, including professional services, consultancy, and IT services.

Company Setup Services in Hamriya Free Zone

Raes Associates can assist you with the entire company setup process in Hamriya Free Zone, including:

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  • Business Activity Selection: Identifying suitable business activities aligned with HFZ’s focus areas.
  • License Application: Preparing and submitting the necessary documentation for license approval.
  • Office Space Selection: Finding suitable office space within the free zone, ranging from virtual offices to warehouses.
  • Visa Processing: Facilitating the visa application process for employees and management.
  • Bank Account Opening: Assisting in opening a corporate bank account in the UAE.
  • Post-Incorporation Services: Providing ongoing support with accounting, tax, and legal compliance.

 

Key Business Activities in Hamriya Free Zone

  • Trading: Import and export of goods
  • Logistics and Warehousing: Storage, distribution, and transportation of goods
  • Manufacturing: Light and heavy industries
  • General Trading: A wide range of commercial activities

 

 

Cost of Setting Up a Business in Hamriyah Free Zone

The cost of setting up a business in Hamriyah Free Zone can vary depending on the type of license, office space, and additional services required. However, here’s a general breakdown of the costs involved:

ItemCost (AED)
Commercial License25,000
Service License25,000
General Trading License35,000 – 50,000 (includes visas)
Branch License23,500
Virtual Office11,000 per year
Executive Office30,000 – 50,000 per year
WarehouseVaries based on size and location
Residence Visa6,000 – 8,000 per visa
Labor Card1,000 – 1,500 per visa
Additional FeesBank account opening fees, legal and professional fees, translation and attestation fees

**Note:** These are general estimates. Actual costs may vary based on specific requirements and market conditions. It’s recommended to consult with our business setup consultant or legal advisor for accurate and up-to-date information.