Company Setup in Hamriyah Freezone

Setup your company in Hamriyah Freezone

Hamriyah Free Zone Authority was built up by an Emiri decree issued in November 12, 1995. It is situated in Sharjah, United Arab Emirates, which gives the free zone a unique geographic and time zone advantage upheld by a safe and completely convertible currency and a multi-access to neighboring and worldwide nations through land, ocean and air. Hamriyah Free Zone is quick getting to be plainly one of the foundations of the United Arab Emirates industrial development. As the Next Generation Free Zone, Hamriyah Free Zone is guaranteeing that its administration is adaptable and dynamic other than being an investor oriented freezone

It is located in the emirate of Sharjah. Sharjah is the only one of seven emirates with ports on the Arabian Gulf’s west and east coasts with direct access to the Indian Ocean, and an International Airport. Sharjah offers widespread transportation links to the Gulf States, Indian subcontinent and the emerging markets in Asian and African nations. These services are made possible by the “Sharjah link”.

Hamriyah Free Zone is challenged to give focused motivations and unique opportunities to build up a business in a tax free condition, full company ownership, exclusions from every single business require and repatriation of capital and benefits. The free zone deals with a range of roughly twenty two million square meters of prime industrial and commercial land and a 14 meter deep water port which incorporates space for development.

The free zone gives the following facilities:

• Access to 14 meter deep water port and 7 meter deep inner harbor
• Land rent for a long time renewed for similar period
• Pre-built warehouses, industrial facilities and office units for rent
• Executives’ office suites in the International Business Center for rent
• On location convenience for investors’ personnel including recreation center and health club
• Transportation by means of road, 3 sea ports and Sharjah International airport
• Highly developed infrastructure and telecommunications links
• Plenteous and reasonable energy (Electricity: $0.05 per KWA, Water: $8.17 per 1000 Gallons)
• Freedom for staff enrollment and economical workforce
• Reasonable cost for living

Any activity is permitted by Hamriyah Freezone as long as the activity is environmentally friendly and in accordance with local rules. Though it is preferred, companies do not have to increase value of their products. Investors can ship goods in and out of Hamriyah Freezone without necessarily adding any value at all.

Hamriyah Freezone’s client oriented approach permits clients the flexibility to build up their manufacturing plants, office foundation, warehouses, and different structures in a custom fit way. However, for those investors who require instant, quickly accessible warehousing space, HFZ gives the investor a decision of pre-assembled structures in sizes of 614 m2, 416 m2 and 275 m2.