Establishing a company in the Hamriyah Free Zone represents an important strategic step for investors seeking to benefit from the unique advantages that the emirate offers in the United Arab Emirates. The Hamriyah Free Zone is considered one of the most prominent free zones in the UAE, as it provides an ideal investment environment with simple and flexible procedures for establishing companies. The Hamriyah Free Zone is also distinguished by its distinguished strategic location on the coast of the Arabian Gulf, which facilitates access to multiple markets in the Middle East, Asia and Africa. It also features an advanced infrastructure that supports diverse businesses, in addition to complete freedom for foreigners to own their companies without the need for a local partner. Follow this article to learn many steps related to establishing a company in the Hamriyah Free Zone.

Establishing a company in the free zone

Establishing a company in the Hamriyah Free Zone

The procedures for establishing companies in the Hamriyah Free Zone are carried out quickly and efficiently, making it easier for investors to implement their business plans with minimal administrative effort and cost. Thanks to the legal and advisory support available from specialized companies such as “Itqan”, investors can obtain the necessary assistance in all the steps necessary to establish and operate their companies successfully in this vital economic environment.

In this way, establishing a company in the Hamriyah Free Zone represents an ideal option for investors seeking to benefit from government facilities and advanced infrastructure to achieve sustainable success in the global business market.

Steps to establish Hamriyah Free Zone companies

To establish a company in the Hamriyah Free Zone in Dubai, you must follow a series of specific steps which include:

1. Choosing the type of company : You must determine the type of company that suits your needs, whether it is a sole proprietorship, a limited liability company, or a joint stock company.
2. Choosing a business activity : You must choose your main business activity from the list available in the Hamriyah Free Zone.
3. Determine the company name : You must choose a unique and appropriate name for the company, in line with the rules and regulations of the Dubai Commercial Registry.
4. Submitting an application for incorporation : An application for incorporation of the company must be submitted to the Hamriyah Free Zone Authority, along with submitting all required documents, such as the incorporation application form, the company manager appointment form, and a copy of the passport for the manager and partners.
5. Obtaining a commercial license : After approval of the incorporation application, a commercial license must be obtained from the Free Zone Authority, which specifies the permitted commercial activities of the company.
6. Establishing the company : The articles of incorporation are signed, the required capital is paid, if any, and the certificate of incorporation is issued.
7. Registration in the Commercial Registry and other licenses : The company must be registered in the Dubai Commercial Registry

Hamriyah Free Zone

Hamriyah Free Zone is considered one of the main free zones in the Emirate of Sharjah, United Arab Emirates. This region was established in 1995 to be an integrated commercial and logistics center.

The Hamriyah Free Zone is located on an area of ​​14 square kilometers and is strategically located close to Sharjah International Airport and sea ports, providing easy access to regional and global markets. The region’s advanced infrastructure includes a range of integrated logistics facilities and services, including storage warehouses, distribution centers, and shipping facilities.

Hamriyah Free Zone offers attractive incentives and privileges to investors, such as tax exemptions, the possibility of full foreign ownership of companies, and easy establishment and licensing procedures. These features have made the Hamriyah Free Zone a leading center for commercial, industrial and service activities in the region

Business areas allowed in the Hamriyah Free Zone

In the Hamriyah Free Zone in the Emirate of Sharjah, a wide range of economic and commercial activities are permitted, the most important of which are:

Trade and distribution

• Import and Export
• public commerce
• Warehouses and storage
• Re-export

Industry and manufacturing

• Light industries
• Assembly
• Packaging
• Engineering and electrical industries

Logistics and transportation services

• Shipping and logistics
• Shipping and transportation agencies
• Commercial brokerage

Professional and consulting services:

• Engineering and architectural offices
• Legal and accounting consulting offices
• Administrative and business services offices

Technology and communications:

• Data centers and hosting
• Software and applications development
• Electronic and digital services

Other business activities:

• Exhibitions and conferences
• Restaurants and food services
• Medical and health services

These areas are characterized by flexibility and diversity to meet the needs of different investors and companies in the Hamriyah Free Zone.

 Establishing a company in the Hamriyah Free Zone

There are several advantages to establishing a company in the Hamriyah Free Zone in the Emirate of Sharjah, including:

• Tax exemption: Companies established in the free zone are exempt from income tax and customs duties on imports and exports.
• Full ownership by foreigners: Foreign investors are allowed to obtain full ownership of their companies without the need for an Emirati partner.
• Ease of establishment procedures: Procedures for establishing companies in the free zone are characterized by simplicity and speed compared to other regions in the country.
• Advanced Infrastructure: Hamriyah Free Zone provides advanced infrastructure that includes logistics services, shipping and storage facilities.
• Strategic location: Hamriyah Free Zone is located 20 km from Dubai, making it a strategic location for trade and export to regional and global markets.
• Incentives and facilities: The free zone administration offers a package of incentives and facilities to investors, including logistical support and consulting services.
• Business-friendly environment: The free zone provides a suitable and safe business environment, with effective regulation of commercial and industrial activities.
  Overall, the Hamriyah Free Zone is an attractive destination for investors who want to take advantage of the advantages it offers to establish and operate their businesses.

How can you establish a company in the free zone?

Establishing companies in the free zones in Dubai is much easier than establishing a company inside Dubai, as it can be 100% owned by any nationality, and the presence of a partner or sponsor who is a citizen of the UAE is not required, as the company is registered as a free zone establishment or it is a company belonging to The free zone or a branch or representative office in the free zone in Dubai. In this case, it is possible for the main company to be outside the Emirates, and it is not required to be inside the Emirates. The companies located within the free zone are regulated through the authority responsible for the free zone, which is the one that issues any licenses to the company. This depends on the location of the free zone and the activity it carries out. The type of license issued by the responsible authority varies according to the commercial activity. A company can be established in the free zone by following some steps, including:

1. Choose the company’s location
2. Agreeing on the trade name, as it is the name that distinguishes one company from another.
3. Obtaining the company’s business license.
4. Obtaining initial approval to start work.
5. Commercial license registration.
6. Complete the requirements for a commercial license and obtain it.

Hamriyah Free Zone

Advantages of establishing a company in the free zone

The UAE is distinguished by the fact that it has more than 40 free zones in addition to some areas that are being established. Therefore, establishing a company in a free zone is one of the difficult matters facing the investor, as it is difficult to choose between many areas. Therefore, Kaber Company, through its great experience in business management, undertakes By helping many investors choose the appropriate free zone for their commercial activity, it also helps in establishing and establishing a company in the free zone in the shortest time and at the lowest costs. There are many advantages offered by the Hamriyah Free Zone in the Emirate of Sharjah for establishing companies, the most prominent of which are:

• Tax exemptions: exemption from income tax for a period of 50 years, as well as exemption from customs duties on imported and re-exported goods, and exemption from value-added tax.
• Business ownership: 100% foreign ownership of companies without the need for a local partner and the possibility of transferring company ownership without restrictions
• Operational facilities: available banking and financing services, advanced infrastructure, integrated logistics services, and ease of establishment and licensing procedures
• Strategic location: close to Sharjah International Airport, sea ports, and easy access to regional and global markets
• Favorable business environment: Political and economic stability in the Emirates, availability of skilled and qualified personnel, and integrated services and facilities for companies.
  These advantages make the Hamriyah Free Zone attractive to investors and companies wishing to establish their businesses in the Emirates.

When considering setting up a company in Hamriyah Free Zone , a fruitful opportunity is presented to those wishing to invest in the Emirates. This region provides modern infrastructure, unparalleled facilities, as well as flexible and business-friendly investment policies. By taking advantage of the advanced economic environment and outstanding legal support, entrepreneurs and companies can benefit greatly in successfully achieving their business goals.

Frequently asked questions about establishing a company in the Hamriyah Free Zone