Company Formation in Hamriyah Free Zone
Hamriyah Free Zone (HFZ) was set up by an Emiri declare issued in November 12, 1995. This freezone has become the industrial hub of Sharjah Emirate. Hamriyah Free Zone as the next generation Free Zone is guaranteeing that its management is adaptable and dynamic other than being an investor oriented free zone.
Investors form beeline to setup company in Hamriyah Freezone since it is declared as “designated zone” for VAT purposes. Hamriyah Free Zone is challenged to give competitive incentives and unique chances to set up business in a tax exempt condition with complete company ownership, exclusions from every business levies and repatriation of capital and benefits. The free zone deals with a region of around 22 million sq. m of prime industrial and commercial land and a 14 m profound water port which includes scope for growth.
Location - Hamriyah Freezone
Hamriyah Free Zone is situated in the emirate of Sharjah. Sharjah is one of the seven emirates with ports on the Arabian Gulf's west coast and east coast with access to the Indian Ocean, and an International Airport. Sharjah offers broad transportation connecting to the Gulf states, Indian subcontinent and the developing markets in Asian and African countries.
Business Incentives
- Declared Designated Zone under VAT Law
- 100% Company ownership
- Full exemption from all commercial levies
- Complete repatriation of capital and profits
Other Advantages of Hamriyah Freezone
- Lease of land for 25 years renewed for similar period
- Sea port adjacent to the freezone, easy access to Jabel Ali Port
- Availability of Pre-built warehouses and office units for lease
- Solely designed and equipped with Executive office suites
- Facility of International Business Centre with latest technology
- Availability of accommodation for company staff
- Easy logistics links to three sea ports
- In addition to Sharjah International Airport, Seaports on each coasts
- Availability of abundant and inexpensive energy (Electricity: $0.05 per KWA, Water: $8.17 per 1000 gallons)
- Freedom for faculty enrolment and efficient workforce
- Reasonable cost of living
As the Hamriyah Free Zone established by Emiri Decree, the investors are guaranteed investment security and complete repatriation of profits and capital.
Activities Allowed by Hamriyah Freezone
Almost all the service activities, Commercial Trading activities, Industrial and Manufacturing activities are licensed by Hamriyah Freezone. Any industrial activity is allowed by Hamriyah Freezone as long as it is environmentally friendly and as per local rules.
Facilities for lease (Units & Prices)
Availability of pre-constructed warehouses, production lines and offices for investors to take advantage of, and availability of industrial plots for lease for individuals who require tailor-made facilities. Accommodation of staff is also available onsite with a choice of senior or junior suites.
Land for lease
Land for lease is available in plots starting from 5,000 sq. m area and upwards. Investors can develop these plots to suit their requirements and 60% of the leased land can be developed.
Land Leasing Terms
Although the minimum lease term is five years, investors do have the option of leasing their plot of land for a maximum of 25 years, and then later renewing the same lease for a further 25 years. Lease rates are normally fixed for the first 5 years with a rent review at the end of this period.
Warehouses, Factories and Office Units
Customer oriented approach of Hamriyah Free zone permits the customer the freedom to develop their factories, office infrastructure, warehouses, and other buildings in a custom fit manner. HFZ provides those investors who require readymade, warehousing space that is immediately available with a choice of pre-built buildings in sizes of 614 m2, 416 m2 and 275 m2.
Hamriyah Freezone License Package Cost
License Cost - Commercial License
| Business Center Package | E-Office Package 1 | E-Office Package 2 | E-Office Package 3 | E-Office Package 4 |
|---|---|---|---|---|
Package Price: AED 11,000 Legal Status: FZE Activity: Import Export Trading of upto 3 product categories |
Package Price: AED 17,000 Legal Status: FZE Activity: Import Export Trading of upto 3 product categories Office: 10 Square Meter |
Package Price: AED 20,000 |
Package Price: AED 25,000 |
Package Price: AED 35,000 |
| * Visa and PO Box charges are not included. PO Box charge approx. AED 850 per year. | ||||
Service License Cost
| Business Center Package | E-Office Package 1 | E-Office Package 2 | E-Office Package 3 | E-Office Package 4 |
|---|---|---|---|---|
Package Price: AED 11,000 Legal Status: FZE |
Package Price: AED 17,000 Legal Status: FZE Office: 10 Square Meter |
Package Price: AED 20,000 |
Package Price: AED 25,000 |
Package Price: AED 35,000 |
| * Visa and PO Box charges are not included. PO Box charge approx. AED 850 per year. | ||||
Hamriyah Freezone Warehouse Packages & Cost
| Warehouse 400 sqmtrs (50 KW) | Warehouse 600 sqmtrs (50 KW) |
|---|---|
Package Price: AED 135,000 |
Package Price: AED 170,000 (10% discount - Offer price: AED 153,000) License Industrial: AED 3,500 Service Fee: AED 5,250 Refundable Deposit: AED 5,000 Incorporation Fee: AED 9,000 (50% discount - Discounted price: AED 4,500) |
| * 600 Sqmtrs Warehouse is eligible for 45 visas. | |
