Hamriyah Free Zone Company Setup in UAE
- Hamriyah Freezone Company Setup from AED 11,000
- Company Registration from 1 day
- Bank account Guaranteed
- UAE Residence visas for 2 years
About Hamriyah Free Zone
The Emirate of Sharjah controls the Hamriyah Free Zone Authority (HFZA), which is the second-largest free zone in the United Arab Emirates after JAFZA. Since its founding in 1987, it has grown quickly, increasing both in size and the number of businesses it owns. Hamriyah is home to representative offices for numerous big domestic and foreign companies.
There are various logistical benefits to this free zone. Hamriyah Port is incredibly accessible because Sharjah is the only emirate that has access to both the Arabian Gulf and the Gulf of Oman. Sharjah International Airport provides flight connectivity to 230 locations, and the emirate is situated in the middle of the road network that connects it to all six other emirates and the neighboring GCC states.
A more customer-friendly area that is appropriate for both large and small businesses is Hamriyah. The Hamriyah Free Zone Authority in the Emirate of Sharjah may be your best bet if you’re looking for an affordable office or warehouse in a prime location with excellent connections.
Is Hamriyah Free Zone suitable for your business?
— Yes If
- If you want to start your business in one of the UAE’s well-known and established free zones, particularly in Sharjah, where HFZA is one of the nation’s biggest and oldest free zones.
- Because HFZA has excellent logistical connectivity with other emirates and the neighboring GCC states, it is a great choice if your company involves e-commerce, industry, or logistics.
- HFZA allows a Marine Service license and has its own port with access to the Arabian Gulf and the Gulf of Oman, which is ideal if your company needs to operate both at sea and in ports.
- If you prefer a Free Zone Company Formation in Dubai with well-established infrastructure, HFZA offers many facilities and amenities, including an in-house customs office and Emirates Identity Authority.
- If all the conditions are fulfilled, Hamriyah Free Zone Company Registration in UAE takes just one day, making it an excellent choice for those seeking a free zone with a quick and easy setup process.
— No If
- If you want to start a business in Dubai or need a remote Hamriyah Free Zone business setup.
- If the non-industrial operations of your company, like media or IT, don’t need storage or logistical facilities. We suggest submitting an application to Sharjah Media City or IFZA for such events.
Hamriyah Free Zone company formation process
Providing the necessary paperwork and all other standards, registering a company in the Hamriyah Free Zone can be completed in one working day. Because a business plan must be submitted for approval, warehouse registration will take a little longer.
It is also necessary to obtain third-party approval for some activities, such as the Ministry of Health’s approval for the selling of medical items. Additionally, it will require more time.
Company registration procedure in Hamriyah Free Zone
Step 1: Choose your business activities and license type.
Choose the appropriate license type based on the business operations of your future company. This component is essential to a successful business setup because selecting the incorrect license and activity might result in mistakes during company registration, which may limit your ability to create a bank account or even prevent you from doing so.
Step 2: Determine the legal entity of your business.
Choose the legal entity for your company in the Hamriyah Free Zone. FZE (Free Zone Establishment), FZC (Free Zone Company), or branches of an already-existing domestic or international business are among the company formation options offered by HFZA.
Step 3: Prepare and file the required documentation.
Prepare the required paperwork and send it along with the application. Very minimal paperwork is needed by HFZA to form a company:
- Passport copy
- Passport-size photo
- Business plan (only for certain activities)
- No Objection Certificate (NOC) from current sponsor (if holding a valid UAE visa) attested by the Chamber of Commerce
Paying all registration and processing costs is another requirement for this step.
Step 4: Collect the license and registration documents.
Get the company’s license and registration documents, which include:
- Certificate of Incorporation
- Business License
- Memorandum and Articles of Association
- Investment Service Agreement
- Share certificate
- Lease agreement
Following company registration, you will receive electronic documentation. You will only receive hard copies of the renting agreement and the MOA.
Step 5: Secure your Establishment Card.
Get the Establishment Card with your company’s details and visa quotes.
Step 6: Apply for an entry permit.
Submit an application for an entrance permit. If you are not in the UAE when the entry permit is being processed, you will have to return within 60 days of the document’s issue to finish the biometrics and medical examination required for your visa.
The status of your prior UAE tourist or resident visa will be changed to the new one if you are in the country when the entry permit is granted.
Step 7: Take a medical test and submit visa documents.
Complete a medical examination and apply for a residency visa. The number of visas available for the company’s owners and employees may vary depending on the registration package.
Step 8: Collect your Emirates ID.
Once your visa is issued, secure your Emirates ID card.
Step 9: Open a bank account.
To open a corporate bank account, submit an application to a UAE bank. You shouldn’t have any trouble creating an account because HFZA is one of the most reputable free zones in the United Arab Emirates and has banks located there. You can begin operating your business as soon as you get your account details.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com
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Hamriyah Free Zone license costs
The first licensing charge for registering a business in the Hamriyah Free Zone is AED 11,000. It includes the option to apply for a single resident visa. In addition, you will have to pay approximately AED 1,000 annually to rent a PO box.
With a 20% discount for the first and second years, warehousing costs now start at AED 56,000 for 200 square meters. It is possible to pay the fee in installments. This excludes the price of the license, the deposit, and any other extra charges.
HMZA’s cheapest 1-year license packages:
| TYPE OF License: | COST, AED |
|---|---|
|
1-visa Trading/Services license package |
11,000 |
|
7-visa Trading/Import/Export/Services license package |
31,500 |
Up to ten product categories and one to five shareholders are permitted under a trading, import, and export license. The license includes 10 square meters of office space. You will receive a business address, a company name board, and water and power bills.
Additional costs apart from the license fee include:
- HFZA visa fees
- HFZA rent costs
- HFZA Establishment Card
- Medical checkup
- Emirates ID
- Insurance for investors, managers, and employees
Hamriyah Free Zone licenses and business activities
There are many different types of business activities at the Hamriyah Free Zone, and most of them are associated with trade, industry, and logistics. However, it recently added more widely requested activities to its list of activities, improving and updating it. These include:
- Insurance consultancy
- Fashion Designing
- Sports research and consultancy
- Science and technology consultancy
- Investment of own resources
- And others
You can participate in up to three commercial activities with even the most basic license. The list of business licenses that HFZA supports and descriptions of each are shown in the table below.
| LICENSE TYPE | HAMRIYAH FREE ZONE LICENSE DESCRIPTION |
|---|---|
|
Services |
For businesses providing expert consultancy and a variety of additional services. |
|
Commercial/Trading/E-commerce |
For businesses engaged in distributing, delivering, and storing commodities and their import or export. |
|
Industrial |
For businesses engaged in manufacturing, assembling, packaging, processing raw materials, and importing or exporting specific products. |
Only one of these categories may apply to your license. You will need to buy an extra license if you wish to mix them. Although HFZA does not offer an extensive trade license, you can buy a trading/import/export license that covers up to ten product categories.
A Marine Service license, ships, and a freight broker are also provided by the Hamriyah Free Zone, enabling complete seaport operations. Since not many free zones in the United Arab Emirates have their own ports that offer such activities, this is a huge advantage.
Hamriyah Free Zone facilities
Hamriyah Free Zone is one of the rare zones with its own 7-meter-deep inner harbor, 14-meter-deep seaport, 26 million square meters of land, warehouses, and office buildings.
Because of the low rent and electricity costs, many industrial businesses choose to be in the free zone.
The HFZA facility options are listed below:
| Facility type | Description |
|---|---|
|
Offices |
Affordable and well-equipped office spaces that range from executive (from 15 to 20 square meters) to deluxe (from 12) and budget-friendly office units (10 square meters).
|
|
Warehouses |
Excellent prefabricated warehouses with sizes ranging from 200 to 400 and 600 square meters for storage and other needs. |
|
Industrial land plots |
Starting at 2,500 square meters, serviced property plots are available for various commercial and industrial uses. |
With its own customs office, logistics companies, storage options, banks, medical fitness center, and Emirates Identity Authority, Hamriyah Free Zone offers all the extra amenities you need to run your business.
Hamriyah Free Zone residence visas
When it comes to visas, HFZA companies are accommodating. Without leasing an executive office, you can start a business that qualifies for one to seven visas. With a warehouse facility, you can open as many as 50 visas. Due to the huge number of visas, it outperforms several other methods of getting a UAE residence visa.
An employee’s visa and an investor’s or partner’s visa are both valid for two years.
| VISA | VISA FEE INCLUDING MEDICAL CHECKUP AND EMIRATES ID, AED |
|---|---|
|
Investor/Partner |
9,125 (includes immigration charges such as Establishment Card and E-channel with refundable deposit) |
|
Manager/Employee |
3,785 + refundable deposit of 1-month salary and 1-way ticket equivalent |
Medical examinations are not required to be conducted in the free zone. After approximately two weeks from the day the visa is stamped, the Emirates ID will be delivered. You can pick it up from the offices of your business setup consultant, or it will be sent to the Emirates Post Office within the free zone.
Hamriyah Free Zone company license renewal
Every year, any business operating in the Hamriyah Free Zone needs to have its license renewed. Additionally, a multi-year license is an option. The shareholder does not need to be present in person to complete the renewal. Provide an audit report at the time of renewal is required by the government. Auditing must begin after the second year of operation.
| Fee | Cost |
|---|---|
|
HFZA 1-visa Trading/Services license renewal |
11,000 |
You can renew your business license by submitting an application to the free zone authorities together with the necessary paperwork, signing the updated lease, paying the renewal fees, and then waiting for your license to be renewed. Among the documents are:
- Original business license
- PO Box renewal receipt
- Audit report
If you cannot submit the audit report, you can choose to sign a waiver letter and pay a 1,000 AED fee.
Hamriyah Free Zone company amendments and regulations
If necessary, you can amend the company at any moment and as many times as you need to. The following is a list of the most popular amendments that are available:
- Change of company name
- Change of business activity
- Shares transfer
- Change of Director/Manager
- And others
Hamriyah Free Zone Company liquidation
The space you are renting will determine how long the HFZA liquidation takes. Flexi-office licenses are granted within a few business days. You must give three months’ notice if you own a warehouse and six months’ notice if you own a piece of land.
| Service | Cost |
|---|---|
|
HFZA company liquidation |
5,999 |
The steps involved in HFZA’s liquidation process are as follows:
Provide the following mandatory documents:
- Board resolution signed by the shareholders and stating the reason for the company liquidation
- Deregistration documentation
- Business license and all other company incorporation documents
- Customs Clearance Letter
- Auditor Liquidation Certificate
- Audit report
Make additional payments and pay cancellation fees. The liquidation process begins after this is finished.
Additionally, all residency visas and other immigration-related documentation issued by the business must be canceled.
You will be informed when the liquidation is finished and given the relevant paperwork.
When the business closes, your deposits for the office or warehouse space and visas will be refunded.
Conclusion
Establishing a business in the Hamriyah Free Zone (HFZ) is an excellent opportunity to tap into the UAE’s thriving economy while enjoying various benefits like tax exemptions, 100% foreign ownership, and strategic access to global markets.
With JSB Incorporation as your trusted partner, the journey of setting up your HFZ company becomes seamless, efficient, and stress-free. Call our company setup consultants in UAE today.
FAQs
Commercial, industrial, service and general trading licenses are available.
The setup process typically takes 2–5 working days after documentation submission.
Several local and international banks facilitate account opening for Free Zone companies.
Facilities include warehouses, offices, industrial plots, and worker accommodation.
Companies can sponsor employees, subject to Free Zone rules and UAE visa regulations.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com
