Hamriyah Free Zone Company Formation

The Emirate of Sharjah remains one of the most prolific regions for business setup. Hamriyah Free Zone, one of the largest free zones in the country, offers a conducive atmosphere for the growth and development of business entities. Hamriyah Free Zone company formation would be the right step towards prosperity.

Hamriyah Free Zone (HFZ) offers exceptional possibilities for business growth. The Free Zone with a 24 sq km area also has a large port to facilitate the convenient transfer of goods and materials. The companies in the HFZ can explore the seaports located in Arabian Gulf and the Indian Ocean for export and import activities. The Hamriyah Free Zone Authority (HFZA) governs the business incorporation, policymaking, and regulations in this jurisdiction.

Kiltons Business Setup Services can undertake the business setup formalities and assist you for Hamriyah free zone company formation. Further, we would guide you through the right path to cement your presence and reap great benefits.

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FAQ's

Frequently Asked Questions on Hamriyah Free Zone Company Formation

  • Can an expat own 100% share in the company in Hamriyah Free Zone?
    • Yes. An expat is authorized to own 100% of the share in the HFZ Company. Then, not only Hamriyah Free Zone but also other Free Zones in UAE allow 100% company ownership to ex-pats.

  • How much will it cost for Hamriyah Free Zone company formation?
    • The costs involved for company incorporation are subjected to revision from time to time. You may reach out to us to confirm the latest charges for company formation in Hamriyah Free Zone.
  • Which all business activities are permitted in the Hamriyah Free Zone?
    • Hamriyah Free Zone permits almost all of the legally approved business activities. This is the free zone offering maximum types of business activities.
  • Is a fashion designing agency allowed in HFZ?
    • Yes. The fashion designing business is authorized in Hamriyah Free Zone.
  • Can the ex-pat entrepreneur open a bank account remotely?
    • No. The immigrant has to visit the bank physically to open a bank account.

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Key Features of Hamriyah Free Zone Company formation

HFZ has an innovatively designed infrastructure and support systems to promote the businesses in the domain optimally. Companies in Hamriyah Free Zone can make use of the advanced setups to implement a strong company. Furthermore, entrepreneurs can design marketing strategies and business development tactics considering the facilities offered.

Warehouse – Companies might require facilities for storing the items before distribution and trading. HFZ has an array of warehouses, installed with features for the safe storage of items. Businesses can rent or lease those as per the requirement.

Production Centres – Brilliantly constructed and technically sound production centers can be used for manufacturing items. An optimistic factor that would aid industrial firms in the jurisdiction.

Office Spaces – No need to search around for office spaces for Hamriyah Free Zone companies. The furnished office spaces could be availed for setting up the office and commencing the business activities right away. Check out with us to know more about the type of office spaces in UAE available in the domain and the advantages.

Accommodation – Are you planning to hire expatriate employees? Are you concerned about their accommodation? The HFZA has understood this concern. The HFZ jurisdiction has accommodation facilities of different specifications, for the companies to choose from.

Lease Property – Lease properties and construct your own business space. Investors starting a company in Hamriyah Free Zone can develop up to 60% of the leased property. The lease period ranges from 05 years to 25 years, with an option to extend the lease for another 25 years after completion of the initial period.

Free To Custom-design – Business setup in Hamriyah Free Zone is authorized to custom design the properties according to the company requirements. This is in addition to the already available property, developed by the HFZA.

The HFZ business regime focuses on investor-friendly activities and decisions. Therefore, Hamriyah free zone company setup is one of the best ways to grow.

Business activities allowed in Hamriyah Free Zone (HFZ)

Expat entrepreneurs can opt for a minimum of three business activities with the basic business license. A plethora of business operations is approved in HFZ, which is more than any other Free Zones in the country.

Companies in Hamriyah Free Zone can obtain commercial, industrial, service licenses  or trade licenses in Sharjah and commence business operations without any impediments. The authority extends the maximum possible support for businesses to garner the best outcome. The domain allows every legal business activity.

The business activities permissible in Hamriyah include:

-         Consultancy Services on Insurance

-         Research and Development Consultancy

-         Sports Research and Consultation

-         Investment Firm

-         Fashion Designing Agency

Documents Required for Company Formation in HFZ

Hamriyah Free Zone company formation doesn’t require many documents. The HFZA seeks only minimum documents for the incorporation of an entity in HFZ. The documents are sought only for identifying the individual and ascertaining the plan of business.

-         Copy of passport of the investor

-         No Objection Certificate from the employer (if applicable)

-         Passport size photographs

You may hand over the documents to us along with an authorization letter. Our professional team will undertake the business set up in Hamriyah Free Zone, on behalf of, and deliver you the documents in the shortest possible time.  

Benefits of setting up a business in Hamriyah Free Zone

Great benefits await those setup businesses in the Hamriyah Free Zone. Those includes:

-         Expats can have 100% ownership of the company

-         100% repatriation of capital and profits

-         Exemption from customs duties

-         Ports including Jabel Ali located close to HFZ

-         Warehouses, office space, commercial space, and accommodation for companies to begin operations without any delay

-         Good import and export easy owing to the availability of seaports and international airport

-         Authorized to recruit foreign employees

Kiltons Business Setup services for Hamriyah Free zone

Kiltons Business Setup Services LLC invites you to set up a promising business in Hamriyah Free Zone. The supportive regime and state-of-the-art facilities in HFZ will enhance the growth probabilities optimally. We have been successful in helping expats for company formation in the Hamriyah Free Zone.

Established in 1999, we have extensive experience in business setup services. The experienced professionals at Kiltons and our cordial relation with the ruling royal family are our mainstays in extending exemplary support to the clients. We can help you with your business setup in HFZ and guide you through the right track towards prosperity.

For Hamriyah Freezone business setup, contact us now.

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