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Sharjah Freezone Business Setup

Hamriyah Free Zone Company Registration, Requirements, Setup & License Cost

In 12 November 1995, Hamriyah Free Zone Authority was established by an Emiri decree. Its aim, as stated in their website, is “to be the most cost-effective, efficient and profitable Free Zone in the region with a commitment to excellence leading to the broad based & sustainable development of highly skilled human resources.”

There are seven sub-zones that composed Hamriyah Free Zone, Sharjah. These are called 7 Magnificent Zones. They are as follows: Oil and Gas Zone, Petrochemical Zone, Steel City, Construction World, Timber Land, Maritime City, and Perfume Land. A lot of SMEs are attracted to this kind of approach, hence the good number of Hamriyah Free Zone companies registered. This is also why there are a number of oil and gas companies in Hamriyah Free Zone because there is a specific place dedicated to only them. This kind of approach has definitely helped in upping the demand for Sharjah Free Zone company setup even more. There are still new zones that are under development; they are called Industrial Zone and Logistics Village that will have 144 plots of industrially zoned land and 224 warehouse units, respectively. These are expected to pull in more investors to carry out their Sharjah free zone company setup in these zones.

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  • Following industries you can setup in Hamriyah Free Zone

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in Hamriyah Free Zone (Sharjah)

    For more than two decades, Hamriyah Free Zone has been continuously being a great help to the economy of UAE. It has invited many investors to its location to have a Sharjah free zone business setup.

    The following additional benefits are listed below for you to see:

    • 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
    • Favourable low-cost living conditions
    • Low labour costs
    • 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
  • Business Setup Requirements & Procedure

    Documents Required for Hamriyah Free Zone Company Formation

    Basic requirements for Hamriyah Free Zone business setup:

    • Certificate for reservation of business’ trade name issued by local government authority
    • Initial Approval from Hamriyah Free Zone Authority
    • Passport of each shareholder (copy)
    • Appointed manager’s resume and passport
    • Business facility rental agreement
    • Personal and financial information sheet – for shareholders and business’ appointed manager
    • A notarized and attested POA to appoint your company’s legal representative for business setup

    For a Hamriyah Free Zone Representative Office or Limited Liability Company, the free zone authority requires the furnishing of the following documents:

    • Corporate documents (all notarized and attested)
    • ompany registration certificate (if applicable)
    • oard resolution for Hamriyah Free Zone business setup
  • Support Services Offered in Hamriyah Free Zone (Sharjah)

    FAR Consulting Middle East is one of the leading Sharjah business setup consultants that offer quality business setup services in Sharjah. We will ensure that you have all your questions answered, such as business setup cost in Sharjah and any follow-up questions you have about your Sharjah trade license inquiry.

    Our solutions for Hamriyah Free Zone business setup include:

    • Processing of company registration
    • Opening of account (business) from UAE Ministry of Labor
    • Ministry of Interior (MOI) account opening
    • Establishing business address
    • Processing of business setup requirements

    We also advise our clients on the appropriate type of legal entity to register in Hamriyah Free Zone. Call us today!

  • Hamriyah Free Zone Company Formation Cost

    Hamriyah Free Zone provides a competitive advantage to investors by offering reasonable prices as well as suitable facilities for company formation. Farahat & Co has a team of proficient business setup consultants that can assist in Hamriyah free zone business setup. The fee table below explains the estimated Hamriyah free zone company formation cost. Please do not hesitate to contact us for more information on business setup in Sharjah Free Zones.

    Cost for Business setup in Cost in Fees of Hamriyah Free Zone

    Business Registration and Licensing Cost Fees
    Incorporation Fee AED 9,000.00
    Refundable Deposit on Registration AED 5,000.00
    Yearly Service Fee AED 5,000.00
    Knowledge Fee & Innovation Fee AED 20.00
    Cost by Trade Licence Type (Select one of the following)
    General Trading (Starting from) AED 12,000.00
    Industrial License Fee AED 3,500.00
    E-Commerce License AED 12,000.00
    Commercial/Service License – (Starting From) AED 11,000.00
    Investment of Own Financial Resources License Fee AED 35,000.00
    Additional Fees for Business Registration
    Chamber of Commerce Fees AED 1,800.00
    E – Channel Registration AED 2,200.00
    E – Channel Refundable Deposit AED 5,000.00
    Security approval for Establishment Card AED 150.00
    Establishment Card AED 2,000.00
    Visa Processing Cost
    Emirates ID application AED 400.00
    Medical Test AED 400.00
    Employment/Residence Visa (Select one of the following)
    Investor/ Partner/ Employment / Residence Visa – In Country, Normal process AED 3,500.00
    Investor/ Partner / Employment / Residence Visa – Out of the Country, Normal Process AED 3,500.00
    Postal Services Cost
    New P.O. Box, Normal Process AED 1,000.00

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only, as of on 21st September, 2019. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.