Hamriyah Free Zone Company Setup
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UAE Free Zone Company Formation
Hamriyah Free Zone (HFZ)
The creation of free zones is one of the key factors that has helped the business community consider Dubai as a top destination for investment. All businesses established in Dubai can expand not only to the Middle East but also to other parts of Asia. In other words, it paves the way for UAE companies to enter Asian markets.
Hamriyah Free Zone is located in Sharjah, a city in the UAE, where people and businesses have access to an international airport and a seaport that helps ship goods to other parts of the world. Hamriyah Free Zone helps Dubai Free Zone companies operating within its boundaries to easily connect with markets. It is not just the location of the free zone but also the developed infrastructure around it that has helped companies get access to markets and people.
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Features of the Hamriyah Free Zone (HFZ)
Renewable Land Lease Options: Enjoy flexible land lease options that can be renewed for up to 25 years.
Easy Leasing for Offices and Warehouses
Easy Access to Port for Logistics: Seamless connectivity to the port for efficient logistics operations.
International Business Center Facilities: Access to world-class facilities and amenities.
Easy Availability of Accommodation and Medical Facilities: Convenient access to residential and healthcare options.
High-Quality Transportation System with Access to International Airport: Well-connected transportation network with access to the international airport.
Competitive Electricity Rates: Enjoy competitive electricity rates.
Abundant Availability of Skilled Workforce: Access to a skilled labor pool.
Advanced and Upgraded Telecommunication Infrastructure: Benefit from modern and advanced telecommunications facilities.
UAE Free Zone Company Formation
Additional Details
Setting Up a Business in HFZ
Setting up a business in HFZ can be easily done with the assistance of the HFZ authority, which helps Dubai Free Zone companies to register and obtain licenses. With world-class business infrastructure, companies enjoy full profit repatriation and 100% ownership without the need for a local sponsor anywhere.
The business setup process in Dubai is easy, fast, and the registration and documentation formalities are completed within a short time frame. HFZ allows two types of companies: Free Zone Companies and Branch Offices. Free Zone Companies must fulfill minimum land and warehousing criteria, whereas Branch Offices have more flexible capital requirements.
Opening a Branch Office in Hamriyah
To set up a branch office in Hamriyah Free Zone (HFZ), specific requirements vary depending on whether it is a local company or an international company.
Documents required for a branch office of a local company:
Copy of notarized board resolution
Power of Attorney
Manager’s appointment
Copies of passports
Notarized copy of MOA of the parent company
Similar documents are required to apply for a branch office of an international company, such as a copy of the notarized board resolution, power of attorney, manager’s appointment, bank references. Additionally, a notarized copy of the Certificate of Incorporation is required.
It is necessary that all documents are notarized and attested to complete the process easily.
Business Licenses Available
through HFZ
HFZ offers three main licenses suitable for different business activities: Industrial, Commercial, and Service Licenses.
Industrial License: This license allows companies to manufacture and engage in other industrial activities within the free zone.
Commercial License: With this license, companies can import, export, and sell goods mentioned in the license.
Service License: Companies with a service license are permitted to provide specialized professional services to their clients, including various service-based activities.
