Hamriyah freezone
HFZA
About Hamriyah Freezone
Hamriyah Freezone offers investors the perfect opportunity to set up a business in a free zone environment with numerous benefits. Hamriyah Free Zone (HFZ) was established by an Emiri decree issued in November 12, 1995.
HFZA currently holds a significant position in advancing the UAE’s industrial sector as the location of numerous businesses. It has been regarded as one of the UAE’s fastest-growing free zones since it was established.
Since this is the ideal location for enterprises in the oil & gas, maritime, manufacturing, and other related industries. Hamriyah Freezone is the home of more than 6000 companies.
Benefits of Hamriyah Freezone Company Registration
Advantages of establishing a company in the Hamriyah Freezone are:
- 100% foreign ownership is permitted
- No customs duty on import, export, and re-export
- 100% repatriation of capital and profits
- Less corporate tax
- 0% tax on personal income
- There is no minimum share capital required to launch a business.
- Quick and easy business setup process
- Competitive lease rates for industrial plots, office units and prefabricated warehouses
Business Licenses offered by Hamriyah Free Zone
Licenses offered by Hamriyah Free Zone Authority are:
1. Industrial License
With industrial license, you can perform industrial activities, such as manufacturing, assembling and packaging of the products.
2. General Trading License
This license allows you to trade a wider range of goods and products.
3. Service License
This one is a tailor-made license for companies that offer services, like IT services, consultancy services and accounting services etc.
4. E-Commerce License
If you carry out your business activities online, this is the license that you need.
How to set up a business in Hamriyah Freezone?
Here is a step-by-step process to set up a business in Hamriyah Free Zone:
- The first step is to choose your business activity
- Finalize your business structure, such as Free Zone Establishment, Free Zone Company, or Branch of a company.
- Select a unique name for your business
- Prepare all the necessary documents for the trade license application and submit them to the Hamriyah Freezone authority.
- After approval, you will receive your trade license and start your business operation officially.
Which Documents are required for Business Set up in Hamriyah Free Zone?
- Application form
- Passport copies of each shareholder
- 2 passport size photographs with white background
RFZ streamlines the process of company formation in Hamriyah Freezone. Our team of experts is well-versed in regulatory requirements, ensuring meticulous paperwork and easy company formation!
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