Why Choose Dubai for Business Expansion?
Are you planning to launch your business in the UAE? The Hamriyah Free Zone, located in Sharjah, is a prime location offering abundant opportunities for entrepreneurs in search of a vibrant business ecosystem. Known as one of the UAE’s largest and fastest-growing industrial free zones, the Hamriyah Free Zone is a key hub for global commerce.
With over 6,500 companies from more than 160 countries, the zone has become a top destination for businesses. Its proximity to Hamriyah Port makes it particularly advantageous for logistics and trading operations. A diverse range of industries flourishes here, including Oil & Gas, Petrochemicals, Chemicals, Marine, Steel, Construction, Timber, Food Packaging, and Light Industries.
This guide explores the essential details for setting up a company in the Hamriyah Free Zone, including the process, benefits, and license options available to entrepreneurs.
Hamriyah Free Zone Overview
Hamriyah Free Zone is a key player in the UAE’s economic landscape, offering exceptional facilities for businesses across industries. Positioned strategically in Sharjah, it connects businesses to lucrative markets in the Middle East and beyond. The free zone is designed to simplify the establishment process for companies, providing tailored solutions to meet specific business needs. Whether it involves navigating regulatory requirements or acquiring necessary permits, Hamriyah Free Zone business setup services ensure a seamless experience. As a thriving center for trade and innovation, the zone continues to attract enterprises globally, contributing to regional economic growth.
Why Choose Hamriyah Free Zone?
Hamriyah Free Zone is an excellent choice for business setup in the UAE due to several compelling features:
Strategic Location
Nestled in Sharjah, one of the UAE’s seven emirates, the Hamriyah Free Zone offers direct access to the Arabian Gulf and the Indian Ocean, ensuring connectivity to global markets.
Advanced Infrastructure
Hamriyah Free Zone boasts cutting-edge infrastructure, including modern office spaces, warehouses, and industrial units, all designed to accommodate diverse business activities.
Investor-Friendly Policies
Renowned for its streamlined processes and business-friendly regulations, the zone provides tax incentives and other benefits that attract a wide range of industries.
Global Market Accessibility
With seamless connectivity via sea, air, and road, businesses operating in the Hamriyah Free Zone can efficiently access and compete in international markets.
License Options in Hamriyah Free Zone
Entrepreneurs can choose from several license types when establishing a company in Hamriyah Free Zone:
Commercial License
This license allows businesses to trade, import, export, store, and distribute goods. Categories include:
Trading License: For trading a specific set of products.
General Trading License: For trading unlimited product categories.
E-Commerce License: For online trading of goods and services.
Service License
This license is issued for businesses providing services or consultancy as defined in the contract.
Industrial License
This license permits businesses to import raw materials, manufacture, process, and assemble products, as well as package and export finished goods.
Legal Structures for Companies
Hamriyah Free Zone offers the following legal structures for businesses:
- Free Zone Establishment (FZE): A single-owner entity with limited liability and independent financial responsibility.
- Free Zone Company (FZC): A multi-shareholder entity with similar benefits as an FZE.
Branch or Subsidiary: An extension of a local or international company.
Steps for Business Setup in Hamriyah Free Zone
Setting up a business in Hamriyah Free Zone involves the following steps:
Choose a Business Activity: Identify the business activity that aligns with the free zone’s guidelines.
Select a Legal Structure: Opt for the appropriate company type—FZE, FZC, or branch.
Reserve a Trade Name: Submit your preferred trade name for approval by the Hamriyah Free Zone Authority (HFZA).
Prepare Documents: Gather all necessary documents, such as shareholder and director passport copies, business plans, and Memorandum of Association (MOA).
License and Visa Application: Submit the license application along with the required documents, followed by visa processing.
Secure Approvals: Obtain approvals from relevant authorities based on the business activity.
Commence Operations: Once formalities are complete, begin operations and capitalize on available opportunities.
Required Documentation
Documentation requirements vary depending on the type of company:
For FZE/FZC Setup
Passport copies of shareholders and managers.
Copies of visit or tourist visas.
No Objection Certificate (NOC) from the current sponsor (if applicable).
For Branch/Subsidiary Setup
Parent company’s license.
Certificate of incorporation.
Memorandum and Articles of Association.
Board resolution authorizing the branch.
Passport and visa copies of directors and managers
Benefits of Business Setup in Hamriyah Free Zone
Entrepreneurs enjoy numerous benefits when setting up a business in Hamriyah Free Zone:
- 100% Foreign Ownership: Full control over the company.
- Tax Exemptions: No corporate or income taxes.
- Full Repatriation of Profits: Transfer capital and profits freely.
- No Currency Restrictions: Smooth international transactions.
State-of-the-Art Infrastructure: World-class facilities for business operations.
Why Choose Unicorn Global Solutions?
At Unicorn Global Solutions, we specialize in simplifying the process of business setup in Hamriyah Free Zone. From consultations to documentation and licensing, our team of experts ensures a seamless experience for our clients. We understand the unique requirements of Hamriyah Free Zone and provide end-to-end support tailored to your business needs.
Start your journey with Unicorn Global Solutions and take advantage of the opportunities offered by Hamriyah Free Zone. Let us handle the complexities while you focus on growing your business.
Frequently Asked Questions (FAQs)
A premier economic zone in the UAE, offering incentives like 100% ownership, tax benefits, and modern infrastructure.
- Entrepreneurs and companies across diverse industries are eligible.
- Options include FZE, FZC, and branch/subsidiary setups.
- Advantages include tax exemptions, global market access, and advanced facilities.
- We provide end-to-end services, including consultation, documentation, and licensing.
Conclusion
Partner with Unicorn Global Solutions for your Hamriyah Free Zone business setup and experience a seamless journey to success. For more details Text us on whatsApp or call us today .
