Hamriyah
Free Zone Company Setup
Hamriyah Free Zone Company Setup
Hamriyah free zone is one of the largest free zones of the UAE. It is the home of more than 6500 businesses registered with it. The companies are from more than 163 countries and which makes it the second largest free zone in the UAE. The location of the Hamriyah free zone makes it the most favorite option for all because it is very close to the Sharjah airport and education city. It is also located on the main highway that connects Abu Dhabi and Dubai to Oman. It is the second to none option for industry setup in UAE with state-of-the art warehouse option along with the executive offices. The total area of 26 million square meters with access to the deep seaport and the persian gulf makes it the most desirable location for business startups and enterprises. All the companies that are registered here come under the jurisdiction of Hamriyah Free Zone Authority (HFZA).
Benefits of Hamriyah Free Zone Company Setup
Every company at Hamriyah free zone gets various benefits and some of them are as follows:
- Foreign ownership is legal without any local shareholder.
- Connect to the world through land, sea or air.
- There is no tax at all whether it is import, export, income or corporate.
- On-site labor accommodation available for industries inside the zone.
- On-site custom facility available which makes it convenient for doing the general trading business.
- The lease is provided for 20 years and can be renewed easily.
- Office space available for all sizes of the companies.
- Warehouses and factory units are available.
- High security zone and complete security for all types of the businesses.
Steps of Hamriyah Free Zone Company Setup
Select the Package
First of all select the package that is according to your budget and business plan.
Application
Now send the application after filling or typing it properly. Attach the required documents for the company formation and also provide three suggested names to register them for the business.
Get Approval
Once the business license is issued from the authority, get access to all the documents for your company. All the shareholders can get the documents.
Apply for Visa
Apply for visas once the business is registered. You can apply for visa(s) to enter the country and run the business operations effectively.
Bank Account
Open up the bank account in any bank that is accredited with the Hamriyah free zone.
Major Industries in Hamriyah Free Zone
There are many industries that are in function in the Hamriyah Free Zone but a few of them are regarded as the major industries.
- Building materials
- Food
- Heavy Industry
- Logistics and Transportation
- Marine
- Oil and Gas
- Packaging
- Perfumes and Cosmetics
- Petrochemicals
- Recycling
- Steel
- Textile
- Timber
Documents Required for Hamriyah Free Zone Company Registration
The documents that are necessary to submit for Hamriyah free zone are as follows:
- Passport Copy (individual and shareholder)
- Visa Copy (if on a visit visa)
- Residence Visa/ Emirates ID (if already working or residing in the UAE)
- Address proof of shareholders and managers
- Passport size photo of shareholders and managers
- Memorandum of Association (for corporate shareholders)
- Article of Association (for corporate shareholders)
- Trade License (for corporate shareholders)
- Board Resolution (for corporate shareholders)
- Certificate of Incorporation (for corporate shareholders)
