HAMRIYA FREE ZONE AUTHORITY (HFZA)

Hamriyah Free Zone Authority (HFZA) was established in 1995 by Emiri Decree, ideally located in the Emirate of Sharjah, UAE. This freezone has become the industrial hub of Sharjah Emirate. Hamriyah Free Zone as the next generation Free Zone is guaranteeing that its management is adaptable and dynamic other than being an investor oriented free zone.

HFZA is the UAE’s second largest industrial free zone, which spreads across 26 million square metres. The free zone is home to over 6,500 businesses from 163 countries. It also hosts a range of office, warehouse and factory space, as well as a harbour.

Why HFZA ? :

Hamriyah Free Zone offers economically viable incorporation services including modern infrastructure, logistics, investor connectivity and critical operations support for its investors, encouraging regional, international trade and commerce.

  • World class facilities including executive offices, state-of-the-art warehouses and prime industrial land.
  • Strategic location to access global markets.
  • 360 degree connectivity with a strong land, sea and air network.
  • 60 minutes to set up your business.

 

Benefits of setting up a company in HFZA :

  • Full foreign ownership permitted
  • 100% repatriation of capital and profits
  • No import, export, re-export and custom duty
  • No corporate and income taxes
  • VAT Designated Zone
  • Convenient access to 300+ online services for visas, renewals and other services
  • Effective and efficient call centre
  • Business set-up in less than 60 minutes
  • Competitive lease rates for industrial plots, pre-built warehouses and office units
  • Highly developed infrastructure and telecommunications link
  • 24-hour security and CCTV within the Free Zone
  • On-site labour accommodation with recreation centres
  • On-site medical facilities.
  • An array of licenses, including commercial, service and industrial

Type of Licenses :

1. Commercial License :

    • Trading – This license allows the holder to import, export, sell, distribute, and store items specified on the license.
    • General Trading – This license allows trading (import, export) of unlimited number of products.
    • E-Commerce – This license allows the holder to trade goods and services over electronic network.

2. Service License

This license allows the holder to conduct services or consultancy services listed on the license contract clause.

3. Industrial License

This license will allow the holder to import raw materials for the purpose of anufacturing, 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.

Types of Legal Status :

1. Free Zone Establishments (FZE):

A Limited Liability Establishment owned by one natural or juridical person with a distinct legal entity and an independent financial liability.

2. Free Zone Company (FZC) :

A Limited Liability company owned by more than one shareholder with a distinct legal entity and an independent financial liability.

3. Branch or Subsidiary Company :

Branch of a local company or a company incorporated outside the UAE.

Types of  Facility :

1. Offices

There are different types office facilities provided by HFZA based on your Business ;

    • Start Up Business
    • Smart Business
    • Standard Business
    • Supreme Business

2. Warehouses

We offer international standard, pre-fabricated warehouses to suit your business requirements. These light industrial units provide appropriate electrical loads and lighting, and are equipped with roller doors and a loading bay.

Sizes available : 200, 276, 400 and 600 sqm

3. Industrial Land

Build your business in 30 million sqm of prime industrial land in HFZA with the option of constructing your own facility on 60% of the plot. MBZ plots offer investors a levelled, fenced & gated land for those whose operations have a smaller physical footprint.

Plots of land starting from 2,500 sqm

Documents Required :

  • For FZE :
    1. Passport Copy of Shareholder(s)
    2. Visa Copy of Shareholder(s)
    3. Attested Nol from current sponsor
  • For FZC :
    1. Passport Copy of Manager & Shareholder(s)
    2. Visa Copy of Manager & Shareholder(s)
    3. Attested Nol from current sponser
    4. Board Resolution for opening Branch.
  • For Branch :
    1. Passport Copy of Manager, Shareholder(s), Director(s)
    2. Visa Copy of Manager, Shareholder(s), Director(s)
    3. Attested Nol from current sponser
    4. License copy, Certificate of Incorporation, MOA & AOA of the Parent company
    5. Board Resolution for opening Branch.

 

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com

Ready to start a Business in HFZA,

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