Hamriyah is nestled on the west coast of Sharjah. Sharjah is one of the best emirates with ports on the Arabian Gulf’s west coastline and east coastline with a way to the Indian Ocean and an International Airport. Because of the deepwater harbor and import/export-orientated foundation, international traders establishing up a Free Zone Establishment (FZE), or Free Zone (FZC) essentially for international trading enterprises. If you want to know about Hamriyah Free Zone Company Registration then here we mention a complete guide for you.
Hamriyah Free Zone (HFZ) was established by an Emiri declare issued on November 12, 1995. This free zone has become the industrial hub of the Sharjah Emirate. Hamriyah Free Zone as the subsequent generation Free Zone is guaranteeing that its authority is flexible and effective other than being a trader-oriented free zone. Traders from beeline to set up a company in Hamriyah Free Zone since it is declared as a designated zone for VAT motives. Hamriyah Free Zone is challenged to extend competing influences and different possibilities to set up business in a tax-exempt status with complete business ownership, exclusion from every business taxes, and repatriation of capital and benefits.
Hamriyah Free Zone Sharjah is gradually becoming one of the main industrial development centers of the United Arab Emirates (UAE). It is conventionally divided into seven zones. Which are grouped by several activities. These are zones blessed to the oil and natural gas industry, steel, manufacturing, construction, timber, and shipping.
How To Register In Hamriyah Free Zone Company?
Hamriyah free zone setup can be conducted in one working day. Warehousing registration will take a bit longer, as you require a business plan for approval. For some activities, it is needed to get a third party approval, for example, the Ministry of Health approval for Medical goods trading. It will also take additional time.
The documents required for company registration are
- Passport Copy
- Copy of earlier entry stamp to UAE
- Passport size photo
- Business plan only for certain activities
- No Objection Letter (NOC) in case your visa is issued by another company/sponsor
The documents you obtain after company registration are electronic. Only the Memorandum and Lease agreement will be handed over to you as hard copies.
Hamriyah Free Zone Visa
Hamriyah is adaptable in terms of the visas you can open a company suitable for 1 up to 7 visas. It surpasses many other ways to perceive the United Arab Emirates (UAE) residence visa because of high visa numbers without administrative office rent.
Advantages Of Hamriyah Free Zone
Starting companies in Hamriyah can have numerous advantages, because the Hamriyah Free Zone Authority (HFZA) gives various purposes to overseas traders, amid which land can be leased for investment purposes and numerous tax exemptions.
- Easy logistics links to three seaports
- Sea Port adjacent to the free zone, easy access to Jabel Ali Port.
- Solely designed and equipped with Executive office suites
- Availability of accommodation for company staff
- The facility of International Business Centre with the latest technology
- In addition to Sharjah International Airport, Seaports on each coast.
- Freedom for faculty enrolment and efficient workforce
- Availability of Pre-built warehouses and office units for lease
- Lease of land for 25 years renewed for the same period
- Availability of abundant and inexpensive energy.
Hamriyah Free Zone License Cost
A vital factor that distinguishes Hamriyah Free Zone from many other free zones in the United Arab Emirates (UAE) is its cost-effectiveness. It signifies one can set up a business at a relatively lower cost and obtain the same advantages that are available in most of the other free zones in the United Arab Emirates (UAE).
Because of extensive business chances and low cost, Hamriyah free zones is particularly feasible for SMEs and micro-businesses. Along with this, big industries are also sponsored because of the availability of the warehouse.