Hamriyah Free Zone, located in Sharjah, UAE, is an industrial zone established in 1995. It is a strategically located free zone that provides easy access to global markets, making it an ideal location to set up a business. The zone is spread over an area of 24 square kilometers and is home to nearly 6,500 businesses from more than 160 countries.
The Hamriyah Free Zone Authority offers economically viable incorporation services, including modern infrastructure, logistics, investor connectivity, and critical operations support for its investors. The zone is a great place for businesses of all sizes because it has top-notch facilities like factories, warehouses, executive office suites, and residential apartments. The zone also has a 14-meter deep port and a 7-meter deep inner harbor, making it the second-largest free-trade zone in the UAE after Jebel Ali Free Zone.
Setting up a business in the Hamriyah Free Zone offers several advantages, including 100% foreign ownership, all profits and capital being repatriated, there is no personal income tax, and no currency restrictions. The zone is a great place for companies in a variety of industries because it provides a variety of business licenses, such as commercial, industrial, and service licenses. All things considered, Hamriyah Free Zone is an excellent choice for companies wishing to grow both inside and outside of the United Arab Emirates.
Overview of Hamriyah Free Zone
Hamriyah Free Zone (HFZA) is a free zone in the Emirate of Sharjah, UAE. Established in 1995 by Emiri Decree, it covers an area of 24 square kilometers and offers modern infrastructure, logistics, investor connectivity, and critical operations support for its investors. HFZA is located near the Arabian Gulf, providing easy access to major shipping routes.
Strategic Location
HFZA is strategically located near the Arabian Gulf, which provides easy access to major shipping routes. This makes it an ideal location for businesses that require easy access to global markets. The free zone is also located near the Sharjah International Airport, which provides easy access to air cargo services.
Infrastructure
HFZA offers modern infrastructure, which includes a 14-meter deep port and a 7-meter deep inner harbor. The free zone also offers many facilities, including warehouses, factories, offices, and showrooms. HFZA provides investors access to modern telecommunications, high-speed internet, and other critical services.
Industries
HFZA is home to many industries, including oil and gas, petrochemicals, steel, construction, and food processing. The free zone also offers specialized facilities for businesses in the maritime industry, such as shipbuilding and repair. HFZA is committed to supporting the growth of these industries by providing investors with access to modern infrastructure, logistics, and other critical services.
Investors
HFZA has attracted many investors from around the world. The free zone has more than 6,500 businesses belonging to 163 countries. Investors are attracted to HFZA because of its modern infrastructure, strategic location, and business-friendly environment. The free zone additionally provides a variety of benefits, including tax exemptions, 100% foreign ownership, and no currency restrictions.
Businesses
HFZA is home to many businesses, from small startups to large multinational corporations. The free zone provides businesses access to modern infrastructure, logistics, and other critical services. HFZA also offers various business support services, including legal, accounting, and marketing.
In summary, HFZA is a modern free zone in the Emirate of Sharjah. It offers its investors modern infrastructure, logistics, investor connectivity, and critical operations support. The free zone is strategically located near the Arabian Gulf, which provides easy access to major shipping routes. HFZA is home to a wide range of industries and businesses, and it has attracted many investors worldwide.
Setting Up a Business
Setting up a business in Hamriyah Free Zone, Sharjah, is a straightforward process that is simple to follow, and This section will provide an overview of the types of legal entities available, the licensing and registration process, and online services and e-services.
Types of Legal Entities
Several legal entities are available for businesses in Hamriyah Free Zone, Sharjah. These include:
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
- Industrial License
- Service License
Each of these legal entities has its requirements and benefits, so choosing the one that best suits your business needs is important.
Licensing and Registration Process
To set up a business in Hamriyah Free Zone, Sharjah, you will need to follow these steps:
- Choose your legal entity type
- Choose your business activity
- Choose your trade name
- Complete the application form and submit it along with the required documents
- Obtain your trade license
The application form can be obtained online or in person at the Hamriyah Free Zone Authority (HFZA) office. The required documents may vary depending on your legal entity type and business activity, so it’s important to check with HFZA beforehand.
Online Service and E-Service
HFZA offers a range of online services and e-services to make setting up a business in Hamriyah Free Zone, Sharjah, even easier. These services include:
- Online application for new licenses and renewals
- Online payment of fees
- E-services for visa applications and renewals
- E-services for company registration and amendments
Using these online services and e-services can save you time and effort, making setting up a business in Hamriyah Free Zone, Sharjah, even more convenient.
Overall, setting up a business in Hamriyah Free Zone, Sharjah, is simple. By choosing the right legal entity type, following the licensing and registration process, and taking advantage of online services and e-services, you can get your business up and running quickly and easily.
Facilities and Services
Hamriyah Free Zone in Sharjah offers a range of facilities and services to businesses looking to set up regional operations. Here are some of the main offerings:
Office Solutions
Hamriyah Free Zone provides office solutions tailored to suit the requirements of companies of every size. The offices have modern amenities, including high-speed internet, telecommunication services, and 24/7 security. Depending on their requirements, businesses can choose from various office sizes and configurations.
Warehousing and Storage
The free zone offers a range of warehousing and storage solutions to businesses that require space for storing their goods. The warehouses have modern amenities, including loading docks, forklifts, and 24/7 security. Depending on their requirements, businesses can choose from various warehouse sizes and configurations.
Industrial Land and Pre-Built Warehouses
Hamriyah Free Zone offers industrial land and pre-built warehouses to businesses that require space for setting up their operations. Industrial land is available in various sizes, and businesses can choose the plot that best suits their needs. The pre-built warehouses have modern amenities, including loading docks, forklifts, and 24/7 security.
Overall, Hamriyah Free Zone in Sharjah offers a variety of amenities and services for companies seeking to set up regional operations. Whether businesses require office space, warehousing and storage solutions, or industrial land and pre-built warehouses, Hamriyah Free Zone has options to suit their needs.
Benefits for Businesses
Businesses wishing to create a presence in the UAE can take advantage of a number of advantages offered by the Hamriyah Free Zone in Sharjah. Here are some of the key advantages:
- Full Foreign Ownership: One of the biggest advantages of setting up a business in the Hamriyah Free Zone is that foreign investors can own 100% of their business. This allows businesses to have complete control over their operations without needing a local partner.
- Tax Exemptions: Hamriyah Free Zone offers multiple tax incentives, including full exemption from corporate and income taxes. This can save businesses operating in the free zone a substantial amount of money.
- Capital and Profit Repatriation: Businesses in the Hamriyah Free Zone can fully repatriate their capital and profits. This makes it an appealing location for foreign businesses since it allows them to transfer profits back to their home nation without any limitations.
- Strategic Location: Businesses wishing to reach markets in the Middle East, Asia, Europe, and Africa will find the Hamriyah Free Zone to be ideally situated in the Arabian Gulf. The free zone is also close to major ports and airports, providing easy access to global markets.
In addition to these benefits, businesses in Hamriyah Free Zone can also enjoy a range of other advantages, such as:
- Easy Business Setup: The free zone offers a streamlined business setup process with minimal paperwork and fast processing times.
- Flexibility: Hamriyah Free Zone offers a range of business activities, including trading, manufacturing, logistics, and construction. This enables companies to select the activity that most closely matches their requirements.
- Multiple Visas: Businesses in the Hamriyah Free Zone can obtain multiple visas without needing physical office space. For companies that need a large workforce, this can be a big benefit.
Overall, Hamriyah Free Zone in Sharjah provides an array of advantages to companies wishing to establish a presence in the UAE. From full foreign ownership to tax exemptions and strategic location, the free zone provides a business-friendly environment that can help businesses succeed in the global marketplace.
Trade and Investment Opportunities
Targeted Business Sectors
Hamriyah Free Zone (HFZ) in Sharjah offers investors a range of targeted business sectors, including oil and gas, petrochemicals, maritime, steel, and construction. The zone is the perfect place for companies wishing to expand their operations in the UAE and get a foothold there thanks to its cutting-edge logistics and infrastructure.
Investors can benefit from a number of incentives offered by HFZ, such as 100% foreign ownership, 100% capital and profit repatriation, and no corporate or individual income tax. The zone also offers various services to support investors, including fast-track visa processing, access to a skilled workforce, and business support services.
International Trade and Re-Export
HFZ is located close to major ports and airports, providing investors with easy access to global markets. The zone is home to a range of international companies from the US, India, African countries, and other parts of the world, which have established their operations in the zone to take advantage of the region’s growing trade and investment opportunities.
HFZ offers investors a range of facilities for international trade and re-export, including a dedicated logistics center, warehouses, and distribution facilities. The zone also offers investors various value-added services, including customs clearance, freight forwarding, and other logistics services.
In conclusion, HFZ in Sharjah offers a range of targeted business sectors and international trade and re-export opportunities to investors. The zone has state-of-the-art infrastructure and logistics facilities, which makes it a perfect place for companies seeking a foothold in the UAE to expand their regional operations. In order to support its operations, HFZ offers investors a variety of incentives, expedited visa processing, access to a trained workforce, and a range of business support services.
Regulatory Environment
Legal Framework
Hamriyah Free Zone Authority (HFZA) is the regulatory authority responsible for overseeing establishing and operating businesses within the Hamriyah Free Zone in Sharjah. The legal framework governing the formation of limited liability companies at the Hamriyah Free Zone is Sharjah Emiri Decree No 6 of 1995.
HFZA provides a business-friendly environment for investors, streamlining procedures and offering comprehensive support systems. This has contributed significantly to the growth and success of businesses in the region.
HFZA offers a range of legal statuses for businesses, including:
- Free Zone Establishment (FZE)
- Free Zone Company (FZC)
- Branch of a Foreign Company
Each legal status has regulations that businesses must comply with. HFZA also offers a range of licenses, including commercial, industrial, and service licenses, based on the nature of the business.
Visa and Immigration Procedures
HFZA offers a streamlined visa and immigration process for investors and employees of businesses operating within the free zone. The process includes:
- Issuance of entry permits and visas for investors and employees
- Issuance of work permits and residence visas for employees
- Renewal of visas and work permits
HFZA also offers a range of additional services to assist investors and employees with the immigration process, including visa stamping, medical tests, and Emirates ID registration.
Overall, the regulatory environment within the Hamriyah Free Zone is investor-friendly, providing businesses with a range of legal statuses and licenses to choose from, as well as a streamlined visa and immigration process.
Connectivity and Accessibility
Transportation Network
Hamriyah Free Zone’s excellent transportation network connects it to major cities in the UAE and beyond. With its advantageous location close to Sheikh Mohammed bin Zayed Road and Emirates Road, the free zone offers quick access to Dubai, Ajman, and other Emirates. Businesses can now transport goods and raw materials to and from the free zone more easily.
Proximity to Ports and Airports
Hamriyah Free Zone’s proximity to major ports and airports is one of its biggest advantages. The free zone is located near the Hamriyah Port, one of the UAE’s largest ports. The port has a depth of 14 meters, making it capable of handling large vessels. This allows businesses in the free zone to easily import and export goods to and from around the world.
Besides Hamriyah Port, the free zone is also near Dubai International Airport and Sharjah International Airport. These airports are just a short drive away and provide businesses easy access to global markets. The free zone’s location near these airports makes it convenient for businesses to transport goods quickly and efficiently.
Overall, Hamriyah Free Zone’s excellent connectivity and accessibility make it an ideal location for businesses looking to establish a presence in the UAE. Its proximity to major ports and airports, as well as its excellent transportation network, make it easy for businesses to transport goods and raw materials to and from the free zone.
Support and Resources
Hamriyah Free Zone Authority (HFZA)
HFZA is the governing body managing the Hamriyah Free Zone in Sharjah. They offer various services and resources to support businesses operating within the free zone. Some of these services include:
- Licensing and registration: HFZA provides a streamlined process for businesses to obtain the necessary licenses and registrations to operate within the free zone.
- Business setup support: HFZA offers support in setting up a business in the free zone, including assistance with legal and administrative procedures.
- Infrastructure and facilities: HFZA provides modern infrastructure and facilities to support businesses, including warehouses, office spaces, and land for development.
- Investor connectivity: HFZA facilitates investor connectivity through events and networking opportunities.
Executive Office and Services
The Executive Office and Services (EOS) is a department within HFZA that provides additional support and resources to businesses operating within the free zone. Some of the services offered by EOS include:
- Utilities: EOS provides reliable and efficient utilities to businesses in the free zone, including electricity, water, and gas.
- Telecommunications infrastructure: EOS provides state-of-the-art telecommunications infrastructure supporting business communication needs.
- IT requirements: EOS offers IT support and services to businesses in the free zone, including internet connectivity and software solutions.
Besides these services, EOS provides administrative support to businesses, including mail and courier services, translation services, and document processing.
Overall, HFZA and EOS offer comprehensive support and resources to businesses operating within the Hamriyah Free Zone. With their streamlined processes, modern facilities, and reliable services, businesses can focus on their operations and growth within the free zone.
Sector-Specific Zones
Hamriyah Free Zone is a hub for various industries, including oil and gas, steel and metals, food and beverage, and petrochemicals. The Hamriyah Free Zone Authority (HFZA) offers sector-specific zones that cater to the unique needs of each industry.
Oil and Gas
The oil and gas sector in Hamriyah Free Zone is supported by state-of-the-art infrastructure and facilities. The zone offers various services, including drilling, exploration, and production. The HFZA also provides support services such as logistics, transportation, and storage.
Steel and Metals
The steel and metals industry in the Hamriyah Free Zone is a key contributor to the economy. The zone offers various services, including manufacturing, fabrication, and assembly. The HFZA provides support services such as logistics, transportation, and storage.
Food and Beverage
The food and beverage industry in Hamriyah Free Zone is supported by a dedicated food park. The park offers various services, including food processing, packaging, and storage. The HFZA provides support services such as logistics, transportation, and distribution.
Petrochemicals
The petrochemical industry in Hamriyah Free Zone is supported by world-class infrastructure and facilities. The zone offers various services, including production, storage, and distribution. The HFZA provides support services such as logistics, transportation, and storage.
Overall, Hamriyah Free Zone is an ideal location for businesses in the industrial sector. The zone’s sector-specific zones provide tailored services and support to each industry. With its strategic location and investor-friendly regulations, Hamriyah Free Zone continues attracting businesses worldwide.
Frequently Asked Questions
What are the operating hours for businesses within Hamriyah Free Zone?
Business operating hours within Hamriyah Free Zone are from Sunday to Thursday, 8:00 AM to 5:00 PM.
What are the costs associated with setting up a company in Hamriyah Free Zone?
The costs associated with setting up a company in the Hamriyah Free Zone vary depending on the type of business activity and the company’s size. You should contact the Hamriyah Free Zone Authority directly for a comprehensive list of fees and charges.
How can one obtain a gate pass for entry into Hamriyah Free Zone?
To obtain a gate pass to enter Hamriyah Free Zone, visitors must provide a valid identification document such as a passport or Emirates ID. The gate pass can be obtained at the main entrance gate of the free zone.
Can you provide directions to Hamriyah Free Zone from central Sharjah?
From central Sharjah, take the E11 highway towards Dubai and follow the signs for Hamriyah Free Zone. The free zone is located approximately 20 kilometers from central Sharjah.
What is the contact information for the administrative offices of Hamriyah Free Zone?
The contact information for the administrative offices of Hamriyah Free Zone is as follows:
- Phone: +971 6 526 3333
- Email: info@hfza.ae
- Website: www.hfza.ae
Where can I find a location map of Hamriyah Free Zone Phase 1?
A location map of Hamriyah Free Zone Phase 1 can be found on the Hamriyah Free Zone Authority’s website under the “Infrastructure & Facilities” section.
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