Hamriyah Free Zone Business Consultants
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. Hamriyah Free Zone is challenged to provide competitive incentives and unique opportunities to establish businesses in a tax-free environment with full company ownership, exemptions from all commercial levies and repatriation of capital and profits. The free zone manages an area of approximately 22 million square meters of prime industrial and commercial land and a 14-meter-deep water port which includes scope for expansion.
Hamriyah Free Zone is located in the emirate of Sharjah. Sharjah is the only one of seven emirates with ports on the Arabian Gulf’s west and east coasts with direct access to the Indian Ocean, and an International Airport. Sharjah offers extensive transportation links to the Gulf states, Indian subcontinent and the emerging markets in Asian and African nations. If you are planning to start business in Hamriyah free zone then choose Biz Start consultants today!
Hamriyah Free Zone Company Formation
UAE is a perfect choice for setting up a business, obtaining an investor visa, and settling with family. The business jurisdictions – The Free Zone and Mainland of UAE have a lot to offer for the clients to start a new business in the region. UAE is ranked No.1 in the ‘Ease of Doing Business’ index for the Middle East region. The Government is very supportive towards foreign investors starting a business and contributing to economic growth. Hamriya Free Zone offers several benefits to business owners that are looking to enter its thriving market. It was founded in 1995 and nowadays plays a crucial role in the development of the industrial sector of the UAE since it’s the home for several companies. Ever since its creation has been known as one of the fastest growing Free Zones in the UAE.
Benefits of doing business in Hamriya Free Zone (HFZ) Free Zone
- Full foreign ownership
- 100% capital repatriation
- Several kinds of offices to select the perfect physical space for your business
- Cost-effective place for living
- Access to a world-class telecommunication system
- Enjoy the inexpensive energy of this place
- Get the chance to recruit staff with total autonomy and at a cost-effective price
Frequent Ask Questions
Once you decide the performed activities and the legal structure of your company, you can issue the trade license and register your business, then you’ll be ready to go! All you need is an experienced consultancy company like ours to start a fast and cost-effective process.
It is a process of registering the business as a limited company at the companies’ house. In this way the business is considered to be a legal entity.
The most important steps to forming a company in Dubai include:
- Deciding on a local partner,
- Getting a name and activity approval from the Department of Economic Development (DED),
- Look for location and tenancy contracts
- Make a memorandum of association (MOA) with the sponsor.
Setting up business in Dubai is quite easy and highly convenient. It is possible to open or start a company outside the Emirates if you wish. The process includes the use of online verifications and payments methods. You can contact us for contacts, choices, and budget plans.
The corporate income tax in Dubai is not applied. In other words it stands at 0% (Zero Percent).