Hamriyah Free Zone Company Setup
Form your company in Hamriyah
Established in 1995, Hamriyah Free Zone in Sharjah is home to nearly 6,500 businesses from over 160 countries. It’s an ideal business location with easy access to global markets. The zone offers world-class facilities, including factories, warehouses, executive office suites, regular offices, a VIP Investors Lounge, a Customs office, recreational centres, currency exchanges, banks, supermarkets, labour accommodation, and the Sharjah Civil Defence station.
Shuraa can help you learn more about the Hamriyah Free Zone. We cover everything from required documents and setup costs to benefits.
Benefits of Hamriyah Free Zone
The benefits of the Hamriyah zdarma Zóna sú nasledujúce:
1. Remote Company Registration
You can register your new company without visiting the UAE, making the process convenient for international investors.
2. No NOC Required
You can start your business without needing a No Objection Certificate, simplifying the setup process.
3. Flexible Hiring
There are no restrictions on hiring foreign employees, giving you access to a global talent pool.
4. 100 % zahraničné vlastníctvo
Foreign investors can fully own their companies, providing complete control over your business.
5. Free Fund Transfers
You can transfer funds without any fees, ensuring financial flexibility.
6. Capital Repatriation
No restrictions exist on returning your profits to your home country.
7. Daňové výhody
Enjoy 0% import or re-export duties and 0% personal income tax, significantly reducing your tax burden.
8. No Share Capital or Annual Audit Needed
You don't need to provide share capital or conduct annual audits, simplifying financial management.
9. Fast Documentation
All necessary documents are issued within 2 days, speeding up the setup process.
10. Easy, Digital, and Cost-Efficient
The registration and operational processes are straightforward, digital, and cost-effective, saving you time and money.
Type of Licenses in the Hamriyah Freezone
The Hamriyah Free Zone offers three types of licenses:
Obchodná licencia Permits import, export, sale, distribution, and storage of specified items. A General Trading License covers all items. Sales within the UAE require a local distributor or agent.
Priemyselná licencia It allows the import of raw materials for manufacturing, processing, or assembly. Export is permitted, but UAE sales need a local distributor or agent.
Servisná licencia Authorises the provision of specified services.
Comparing Different Hamriyah Entities
Below are the various Hamriyah entities listed in tabular form:
Compare different Hamriyah entities | Zriadenie slobodného pásma | Free zone company | Commercial license company | Industrial license company | Service license company |
Taktiež známy ako | FZE | FZC | FZE/FZC | FZE/FZC | Vetva |
Best use of company? | Profesionálne služby | All products and services | Trading and online retail | Výroba a montáž | Špecifické projekty |
How soon can you invoice clients or sign sales contracts with local customers? | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov |
How soon can you invoice or sign sales contracts with international customers? | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov |
How soon can you hire staff? | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov |
How soon can you sign a lease? | 1 týždeň | 1 týždeň | 1 týždeň | 1 týždeň | 1 týždeň |
How long will it take to provide corporate bank account numbers? | 1 mesiac | 1 mesiac | 1 mesiac | 1 mesiac | 1 mesiac |
How long will it take to provide company registration or tax numbers? | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov | 2 mesiacov |
Limited liability entity? | Áno | Áno | Áno | Áno | Nie |
Is government approval needed for foreign owners? | Nie | Nie | Nie | Nie | Nie |
Resident director/partner/manager/needed legal representative? | Nie | Nie | Nie | Nie | Nie |
Minimum paid-up share capital? | US $ 1 | US $ 1 | US $ 1 | US $ 1 | US $ 1 |
Can we bid for Government contracts? | Áno | Nie | Nie | Áno | Áno |
Can we do business with UAE customers without appointing a local agent? | Áno | Nie | Nie | Áno | Áno |
Can you do business with UAE customers by appointing a local agent? | Áno | Áno | Nie | Áno | Áno |
Corporate bank account location? | ADCB | ADIB | Ajman Bank | NBD spoločnosti Emirates | Union National Bank |
VAT payable on sales to local customers? | 5% | 0% | 5% | 5% | 5% |
Average total engagement period? | 3 mesiacov | 3 mesiacov | 6 týždňov | 3 mesiacov | 4 mesiacov |
How to Start a Business in Hamriyah Free Zone?
Below are the steps to start a business in the Hamriyah Free Zone:
1. Choose Your Business License
Select the appropriate business license, such as a commercial, industrial, or service license, for your intended activities.
2. Determine Legal Structure
Based on your business goals, decide on the legal entity for your company, whether it’s a sole proprietorship, partnership, or limited liability company (LLC).
3. Select Your Space
Identify the type and size of facilities you need to effectively operate your business, considering factors like location, infrastructure, and available services.
4. Predložte požadované dokumenty
Prepare and submit all necessary documentation along with the payment of applicable fees. Be sure to account for the Hamriyah Free Zone license fees, as these are typically the most significant expense.
5. Start Operating Your Business
Once your application is approved, you will receive your business license to commence operations within the free zone.
Documents required for Business Setup in Hamriyah Free Zone
Below are the documents needed to set up a business in the Hamriyah Free Zone:
- Application form and Letter of Intent
- Kópie pasov všetkých akcionárov
- Trade license copy (if establishing a branch)
- Referenčný list banky
- A copy of the MOA and AOA
Get Your Hamriyah Free Zone Company Setup - It Starts Now
License Renewal in Hamriyah Free Zone
Requirements for Renewing Your Hamriyah Free Zone License:
- Original Trade License
- Audítorská správa
- P.O. Box Renewal Receipt
- License Renewal Fee
Closing/Termination/Liquidation of a Company in Hamriyah Free Zone
Postupy ukončenia:
- Get Customs NOC
- Complete Termination Form and Board Resolution
- Submit original company documents
- Return office keys
- Settle outstanding payments and fees
- Cancel visas and immigration cards
Costs of Operating in Hamriyah Free Zone
Company registration in the Hamriyah Free Zone starts at 11,000* AED for the license fee, which includes the option to apply for one resident visa. Additionally, renting a P.O. box costs around 1,000* AED annually.
Warehousing fees begin at 70,000* AED for 200 sq. meters, with the option to pay in instalments.
Poznámka: This does not cover the license cost, deposits, or other additional fees.
The lowest fees in Hamriyah include (AED):
Typ licencie | Cena v AED |
1 visa package | 11,000 |
7 visas package | 35,000 |
Poznámky: For the exact cost, you can contact our Shuraa experts!
S nastavením podnikania Shuraa
Záverom možno povedať, my máme covered all the important steps for starting a business in Hamriyah Free Zone. For expert guidance and support, contact Shuraa Business Setup at +971 4408 1900, send a WhatsApp message to +971 5077 75554, or email us at info@shuraa.com. my sme tu do pomáhať you promptly with all your business setup needs!
