Hamriyah Free Zone

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Hamriyah Free Zone: Incentives, advantages, 7 strategic clusters and the types of business legally allowed in Hamriyah

Hamriyah free zone is challenged to provide competitive incentives and unique opportunities to establish businesses in a tax-free environment with full company ownership, exemptions from all commercial levies and repatriation of capital and profits.

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The free zone manages an area of approximately 22 million square meters of prime industrial and commercial land and a 14-meter deep water port which includes scope for expansion.

Hamriyah free zone is located in the emirate of Sharjah. Sharjah is the only one of seven emirates with ports on the Arabian Gulf’s west and east coasts with direct access to the Indian Ocean, and an International Airport.

Sharjah offers extensive transportation links to the Gulf states, Indian subcontinent and the emerging markets in Asian and African nations. These services are made possible by the “Sharjah link”.

Hamriyah free zone: Business incentives

  • 100% Tax-free environment
  • 100% Company ownership
  • 100% Exemption from all commercial levies
  • 100% Repatriation of capital and profit
Hamriyah Free Zone | Register An Affordable Free Zone Company

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Hamriyah free zone: Get a free quote by filling your details in the form on the right and register an affordable free zone company

Additional Advantages

  • Land lease for 25 years renewed for a similar period.
  • Availability of a 14-meter deep water port & a 7-meter deep inner harbor adjacent to it.
  • Pre-built warehouses and office units for lease.
  • Exclusively designed and furnished Executive office suites.
  • International Business Center with conferencing, internet and telecommunication facilities.
  • On-site accommodation for investor’s personnel including a recreation center and a health club.
  • Highly developed infrastructure, telecommunications links and an access to three seaports.
  • Seaports on both coasts in addition to Sharjah International Airport.
  • Abundant and inexpensive energy (Electricity: $0.05 per KWA, Water: $8.17 per 1000 gallons).
  • Liberty for personnel recruitment and economical workforce.
  • Affordable cost of living.

Through the Emiri Decree establishing the Hamriyah free zone, investors are guaranteed the security of investment and full repatriation of profits and capital.

Guaranteed security of investment and full repatriation of profits and capital.

True to its vision of creating affordable yet world-class free zone, Hamriyah free zone Authority has formulated explicit policies and designed special programs to strengthen the small and medium-sized enterprise (SME) sector.

Fill in the form on the right in order to get a FREE QUOTE and discover how to create a world class Hamriyah free zone

Hamriyah free zone: 7 Strategic clusters

Small and medium-sized enterprise (SME) zone offers investors seven strategic clusters comprising the:

  • Oil & Gas zone
  • Petrochemical zone
  • Maritime City
  • Steel City
  • Construction World
  • Timber Land
  • Perfume Land

The size of each land plot in Small And Medium Sized Enterprise (SME) Zone is 5,000 sq. m.

Hamriyah free zone: Micro Business (MB) Zone

A recent addition to its Small And Medium Sized Enterprise (SME) oriented strategy, Hamriyah Micro Business (MB) Zone is designed to specifically cater to the needs of micro-business owners.

Whether it’s service or manufacturing or trading, Hamriyah Micro Business (MB) Zone offers convenient and practical business solutions for micro business owners. All plots in the Micro Business (MB) Zone are already leveled, compacted and fenced. These plots are 2,500 sq. m each.

Hamriyah free zone: Types of business legally allowed in the Zone

  • Branch of a UAE company
  • Branch of an International company
  • Single Shareholder Free Zone Establishment (FZE)
  • Multi-shareholder Free Zone Company (FZC)

Minimum legal requirements

FZEs and FZCs should abide by the Implementing Rules and Regulations. For FZEs, the Implementing Rules and Regulations are equivalent to its Memorandum and Articles of Association, whereas for FZCs the Implementing Rules and Regulations are equivalent to its Articles of Association.

The FZE/FZC should submit its audited financial statements to Hamriyah free zone Authority every year within 3 months from the end of the financial year. If a foreign national is to be appointed as a Director or Manager, HFZA will require that such persons hold a valid residence and work permits from the relevant authorities.

The offices of Director and Secretary may be held jointly by a single person.

Hamriyah Free Zone | Register An Affordable Free Zone Company

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Fill in the form on the right in order to get a FREE QUOTE and discover how to create a world class Hamriyah free zone

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Hamriyah Free Zone was last modified: September 29th, 2019 by Manu Raj

Manu Raj

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