Hamriyah Free Zone (HFA) Authority was established in 1995. It is situated in Sharjah, United Arab Emirates, which gives the free zone a unique geographic and strategic location. It is backed by a secure and fully convertible currency and a multi-access to neighboring and global countries through land, sea and air. Hamriyah Free Zone is on a fast track of becoming the keystones of the United Arab Emirates industrial development. Hamriyah Free Zone is the next Generation Free Zone and its management is flexible and dynamic. Its moderate and liberal business policies make Hamriyah free zone an investor oriented free zone.

Procedures for company formation and business setup in Hamriyah Free Zone, Sharjah, (UAE) is very easy and simplified. The simplified procedures and formalities make it possible to obtain a license within one hour of submitting all require documents.

Hamriyah Free Zone Company Setup

There are two types of companies that can be established in HFZ.

• Free Zone Company/Establishment (FZC/FZE)
• Branch of a foreign or local company

Types of Licenses Available

There are mainly three types of licenses available for any business in Hamriyah Free Zone.

• Industrial License allows a business to import raw material for manufacturing, processing or assembly of the products specified in the license. Finished products can either be re-exported to other countries or sold in UAE market through a distributor or agent
• Commercial License lets a company to import, export, distribute and sell items that are allowed in the license
• Service License allows company to provide different types of services to clients according to the agreement

Benefits of Hamriyah Free Zone Company

1. 100% tax free, 100% company ownership, complete repatriation of profits and all other free zone benefits
2. Located at a strategic location with access to deep water port and proximity of Sharjah International airport and 3 sea ports to easily connect neighboring markets
3. Affordable cost of living and recruitment of economical workforce
4. Availability of furnished executive offices along with pre-built warehouses and office units (available on lease also)
5. Land lease for 25 years and can also be renewed for same period
6. Highly developed infrastructure, reliable telecommunication system and inexpensive energy

Documents Required

Both company and branch of a local/foreign company have to submit important documents before their registration. Few important documents for registration of branch office are:

• Original bank reference letter regarding credit value and good standing of company
• Notarized copy of Memorandum and Articles of Association of the company
• Notarized copy of Board Resolution for opening a branch in Hamriyah Free Zone and to appoint the manager/ director for the Free Zone operations with his passport copy and Power of Attorney

Why Riz & Mona