HAMRIYAH FREEZONES (HFZ)2024-10-03T16:07:29+04:00

UAE MAINLAND

HAMRIYAH FREEZONES (HFZ)

What is the significance of having a UAE mainland firm, and what does it represent?

The Hamriyah Free Zone is a desirable site for a variety of sectors, providing maximum flexibility and growth potential due to its wide range of approved business activities and supportive infrastructure.

HAMRIYAH FREE ZONES (HFZ)

UAE Mainland

The Hamriyah Free Zone is a desirable site for a variety of sectors, providing maximum flexibility and growth potential due to its wide range of approved business activities and supportive infrastructure.

What is the significance of having a UAE mainland firm, and what does it represent?

The Emirate of Sharjah continues to be one of the most popular places to establish a business. One of the biggest free zones in the nation, Hamriyah Free Zone, provides an environment that is favorable to the expansion and development of commercial entities. Forming a corporation in the Hamriyah Free Zone would be a wise move toward success.

The Hamriyah Free Zone (HFZ) presents outstanding opportunities for corporate expansion. A sizable port is another feature of the 24 square kilometer Free Zone that makes it easier to move materials and goods around. The seaports in the Indian Ocean and the Arabian Gulf are open to business exploration by the enterprises in the HFZ for import and export operations. The Hamriyah Free Zone Authority (HFZA) is in charge of this jurisdiction’s policymaking, regulation, and business incorporation.

Media and entertainment companies, such as those in broadcasting, film production, publishing, and digital media, are permitted under HFZ. Within the HFZ, organizations and businesses that offer services for education and career training are permitted to operate. Construction and building material-related activities, such as the production and exchange of tools, equipment, and supplies, are allowed under HFZ.

The zone helps companies who process, package, and distribute food and beverages. Specialized facilities such as cold storage and quality control labs are advantageous to businesses. Enterprises in the healthcare and pharmaceutical domains are permitted to function within the HFZ, encompassing tasks such as producing, distributing, and investigating and developing medical equipment’s.

 

Advantages Of Business Setup in Hamriyah Freezones (HFZ)

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Latest articles

Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Sharjah Free Zones

These zones are frequently perfect for companies in the logistics, technology, import and export, and warehousing sectors.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Hamriyah Free Zone (HFZ) For Your Company Formation?

Choosing Hamriyah Free Zone (HFZ) offers distinct advantages over other free zones, making it an optimal choice for businesses seeking growth and operational efficiency.  Hamriyah Free Zone offers investors the opportunity to open a company in one of the six diverse sectors. Each business activity is equipped with a range of solutions that include office spaces, warehouses & industrial plots, supported by attractive packages and simplified procedures. HFZ’s strategic location near major seaports and an international airport ensures seamless import and export activities, enhancing global trade opportunities. With robust support for expatriate employees and a conducive business environment, HFZ stands out as a premier destination for entrepreneurs and investors looking to capitalize on the region’s economic potential.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Hamriyah Free Zone (HFZ)

Which all business activities are permitted in the Hamriyah Free Zone?2024-07-12T07:44:41+04:00

Hamriyah Free Zone permits almost all of the legally approved business activities. This is the free zone offering maximum types of business activities.

Can the ex-pat entrepreneur open a bank account remotely?2024-07-12T07:45:12+04:00

Expat entrepreneurs cannot open a bank account remotely in Hamriyah freezone. They must visit the bank in person to complete the account opening process.

Can a foreigner hold a 100% stake in a company located in the Hamriyah Free Zone?2024-07-12T07:46:20+04:00

Yes. A foreign national is permitted to hold all of the shares in the HFZ Company. Then, foreigners are permitted to own 100% of a company in the UAE’s free zones, including the Hamriyah Free Zone.

What sectors are prominent in HFZ?2024-07-12T07:46:55+04:00

Prominent sectors in HFZ include manufacturing, trading, logistics, oil and gas, renewable energy, aviation, healthcare, food and beverage, construction, education, and media, making it a diverse and dynamic business environment.

Are there possibilities for accommodation in HFZ for employees?2024-07-12T07:47:22+04:00

In order to ensure a suitable living environment and to address a major worry for enterprises looking to engage foreign staff, HFZ provides a variety of accommodation solutions for expatriate employees.

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