Company Formation & Business Setup in Hamriyah Freezone (HFZ)
Easy Business Setup in HFZ Freezone with the Best Business Consultants in UAE.
ABOUT
What is
Hamriyah Freezone?
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.
More than 6000 companies have set their operations in this place since it’s the perfect location for businesses that belong in the oil and gas, marine, manufacturing, and other related industries.
PROCESS
How to set up your business in HFZ?
Choose the business license
Choose the business license that you need to carry out your selected activities.
Choose the legal structure of your company
Determine what kind of legal entity you want for your company.
Select the space
Then, select the space and facilities you require to operate your business.
Submit Documents
Submit all the documents that the business setup process requires along with the payments of the necessary fees. The HFZ license fees will probably be the most important fees that you must pay.
Start operating your business
You will receive your issued license to allow you to start operating your business within the free zone.
Get Started
Fill the form and book a free consultation with us.
DOCUMENTS
Documents for business setup in HFZ
- Your application form and letter of Intent.
- Passport copies of each shareholder.
- Copies of shareholders’ passports.
- Copy of trade license (for a branch company)
- Bank reference letter
- MOA and Articles of Association
Hamriyah Freezone
Business Licenses for Business Setup in HFZ.
General Trading License
This license allows you to perform the same activities as the trade license. However, it allows you to trade a wider range of goods and products.
Service License
This one is a tailor-made license for companies that offer services instead of products, like those companies that provide IT services.
Industrial License
With this other license, you can perform industrial activities, such as manufacturing, packaging, assembling, and more.
E-Commerce License
If you carry out your business activities online, this is the license that you need.
BENEFITS
Benefits of doing business in HFZ.
- 100% ownership of your business
- Multiple tax incentives, which include full exemption from corporate and income taxes.
- You can get multiple visas without having a physical office space
- Full repatriation of capital and profits
- No minimum share capital is needed to establish a company
- No personal or corporate income taxes
- You can sponsor your dependents easily
- No currency restrictions
- Easy to trade with companies in the UAE and the rest of the world
Allowed types of companies in HFZ.
There are several options for incorporating a business since you have various types of legal structures available. You can choose the best option for you that suits your requirements depending on the business activity & amount of shareholders, a determinate type of entity can be best for you.
Free Zone Establishment (FZE)
An individual or a corporate can establish a Limited Liability Establishment in HFZ.
Free Zone Company (FZC)
FZC is a Limited Liability Company that has more than 1 shareholders and up to 50 as maximum.
Branch of a Local Company
Companies registered in the UAE, whether in Mainland or in another Free Zone can establish a branch in HFZ.
Branch of a Foreign Company
An international company, which has been incorporated outside the UAE, can establish a branch in HFZ to carry out its operations.
In HFZ you can have access to outstanding facilities that allow you to set an excellent place for your business. Some of the best facilities are the following:
- International Business Center
- Industrial facilities
- On-site accommodation
- Warehouses
- Transportation