Hamriyah Free Zone (HFZ)

Hamriyah Free Zone is widely believed to be a most excellent industrial base of the UAE which is located between three continents with a thriving and growing population. It is located in Sharjah – a unique city with access to seaports on both the eastern and western side equally supported by an international airport. The 360 degrees of connectivity provided by Hamriyah Free Zone is unparalleled and offers a unique advantage to businesses operating in it. HFZ is a dynamic place which has witnessed tremendous development and is continually growing.

Business Formation in HFZ

Hamriya Free Zone Authority is responsible for issuing licenses and registering companies which get unhinged access to business-friendly infrastructure, full ownership, and repatriation of company earnings. The company registration process is quick.

There are two major types of companies you can establish in HFZ.

Free Zone Establishment/Free Zone Company

Free Zone Establishment and Free Zone Company can be established by submitting an application with HFZA and the minimum requirement for acquisition of land and warehousing facilities have to be met.

Branch Office

No minimum capital requirement is needed for establishing a branch office in HFZ.

Branch Office of a Local (UAE) Company

  • A copy of Board Resolution duly notarized
  • Copies of passports and POA notarized and attested
  • Appointment of Manager
  • Copy of Operating License of the parent company must also be notarized
  • Copy of MOA attested and notarized
  • Bank Reference Letter and Credit Appraisal (original)

Branch of an International Company

  • A copy of Board Resolution duly notarized
  • Copies of passports and POA notarized and attested
  • Appointment of Manager
  • Bank Reference Letter and Credit Appraisal (original)
  • A copy of Certificate of Incorporation must be notarized

Salient Features of Hamriyah Free Zone (HFZ)

  • Land leasing available for 25 years which is renewable after the expiry
  • Warehousing and office facilities available on easy lease options
  • Easy access to seaport
  • Access to facilities offered by International Business Center
  • Medical facilities and accommodation options
  • Access to International Airport and well-developed transportation systems
  • A huge pool of talented labor force
  • Access to cheap electricity
  • Highly developed and ever improving telecom system

Licenses Offered by HFZ

1.    Industrial License

Products specified on the Industrial License are allowed to be manufactured, assembled as finished goods and then imported, exported, distributed and sold. Without this license, these business activities cannot be legally carried out.

 

2.    Commercial License

Under this license, the company is allowed to import, export, store, and sell goods which are mentioned on the license. These goods can only be sold in the UAE marked through a distributor only.

3.    Service License

Specialized professional services can be offered under this license.

Hamriyah free zone Business setup benefits

  • Full ownership is allowed
  • Tax-free environment
  • No duties on imports and exports
  • Repatriation of earnings
  • Access to seaport
  • Cost of living and cost of doing business is comparatively on the lower side
  • Secure investment climate
  • Land leasing option available for 25 years which is renewable after the expiry
  • Access to predesigned and customized offices
  • Cheaper electricity
  • A huge pool of talented labor
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