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Hamriyah Free Zone Authority

Hamriyah Free Zone Authority

General Information about Hamrriyah Free Zone Authority – HFZA

 

HFZA 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. HFZ is fast becoming one of the cornerstones of the United Arab Emirates industrial development. As the Next Generation Free Zone, Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor oriented free zone.

Company Formation in Hamriyah Free Zone Authority

Hamriyah Free Zone Authority has taken creation in 1995, fast becoming one of the cornerstones of the United Arab Emirates industrial development. Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor-oriented free zone, providing competitive incentives and unique opportunities to establish a business in a tax free environment, full company ownership, exemptions from all commercial levies and repatriation of capital and profits. The free zone manages an area of approximately twenty two million square meters of prime industrial and commercial land and a deep-water port, which is constantly expanding.

Hamriyah Free Zone Authority offers an array of facilities for investors:

Hamriyah Free Zone - Business licenses types

Industrial License

This license will allow the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products. The finished products may be exported outside the UAE. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.

 

Commercial License

This license will allow the holder to import, export, sell, distribute and store items specified on the license. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.

 

Service License

This license allows the holder to carry out the services which are specified on the license within the Hamriyah Free Zone only.

Business benefits within Hamryiah Free Zone

Industrial License

100% Foreign company ownership is allowed
100% Import and Export tax exemption
100% Exemption from all commercial levies
100% Repatriation of capital and profits allowed
25 year leases available, renewable for a further 25 years
No corporate profits tax No personal income tax
Strategic location to access global markets
Access to the UAE and GCC markets
Attractive investment incentives
Abundant and inexpensive energy
Developed infrastructure
Land for lease for investor development
Purpose built office accommodation, warehousing and factory units
Three seaports and international airport
Favorable low cost living conditions
Low labor costs
Hamryiah company formation

Incorporating a new company (FZE/FZC) in Hamriyah Free Zone

Establishing a branch. Business setup as branch of a local company or of an international company no capital is required to be deposited with the UAE bank.

 

A professional firm with regional focus and having a global representation, UAE Free Zones covers all aspects of doing business in the UAE. While based in the UAE, we offer comprehensive services for doing business in the Hamriyah Free Zone Authority. We are committed to provide the best business advisory services on a timely basis with personal dedication to each client, helping them with their plans and being available to help and solve simple and complex problems.

 

We look forward to doing business with you!

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