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Hamriyah Free Zone (UAE) - Company Formation,  Resident Visa

 

General Information

Welcomed business activities:

All business activities.

Benefits of setting up a company in Hamriyah Free Zone include:

  • Allowed to do business in the UAE.
  • Allowed to have an office in the UAE.
  • Company can hold an account in a bank in the UAE.
  • Possibility to get resident or employment visas for investor and employees.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No corporate tax.
  • Total exemption from all import and export duties.
  • No personal income tax.
  • Exempted from financial reports submission and audit.

Type of Company for International Trade, Investment & Tax Planning

  • Free Zone Establishment
    FZE is a company whereby there is a single owner who is the 100% shareholder of the company

  • Free Zone Company
    An FZC will be multi Shareholder Company with 2 to 5 shareholders

  • Branch
    For existing companies wishing to establish a base in Hamriyah Free Zone

License Type:

Industrial License
This license will allow the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products. The finished products may be exported outside the UAE. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.

Commercial License
This license will allow the holder to import, export, sell, distribute and store items specified on the license. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.

Service License
This license allows the holder to carry out the services which are specified on the license within the Hamriyah Free Zone only.
 

Hamriyah Free Zone

Language of Legislation and Corporate Documents
English/Arabic.

Investor Visa for 3 years
Yes.

Employment Visa
Yes.

Share Capital
The minimum requirement for share capital is AED150,000, Which must be fully paid up.

Classes of Share Available
Ordinary shares, preferred shares, deferred and shares with or without voting rights.

Bearer Shares
Not permitted.

Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required
Yes, must be maintained in Hamriyah Free Zone.

Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.

Shareholders
An FZE formation can be with a single shareholder. An FZC can be formed with 2 to 5 shareholders.

Publicly Accessible Records
No.

Location of Meetings of Directors and Shareholders
Anywhere.

Disclosure of Beneficial Ownership to Authorities
No.

Personal Presence Required
No.

Taxation
Nil.

Double Taxation Treaty Access
None.

Requirements to File Accounts
None.

Requirement to File Annual Return
None.

Audit Requirements
None.

Currency
Dirham (AED).

Exchange Control
None.

Language of Name
English/Arabic.

Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words "Bank", "Trust Company" or "Trustee Company", "Assurance" or "Insurance", "Chamber of Commerce", "Municipal" or "Municipality", "Global", "International", "Middle East", "UAE", "Emirate" or "Emirates" or any other word which in the opinion of the Registrar may suggest:-

(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.

Name of a Company
The name of the company may end with the word "FZE" (Free Zone Establishment) or "FZC" (Free Zone Company).

Time to Incorporate
1-2 days, subject to name approval.

Cost of Formation

Request a quotation

Hamriyah Free Zone
Hamriyah Free Zone Company Formation
(This type of Company is allowed to do business in the UAE, have an office in the UAE, get resident or employment visas for investor and employees)
Request a quotation

Services

Worldwide Incorporation Services provides the following services in Hamriyah Free Zone:

  • Free Zone Company Formation

  • Investor Visa

  • Employment Visa

  • Company Secretarial Services

  • Opening of Bank Accounts

  • Full Company Administration Services

  • Recruitment of the staff

  • Trademark Registration

W.I.S. Office Addresses in the UAE

DUBAI

8th Floor, Platinum Tower, Jumeirah Lakes Towers, Dubai, UAE

Phone: +971 4 450 4707

Working Hours: 09:00 to 18:00 Sun-Thu
Languages Spoken: English, Arabic, Chinese, German, Italian, Russian, Greek

RAS AL KHAIMAH

2nd Floor, Tower I, RAKIA Amenity Center, Al Jazeera, Ras al Khaimah, UAE

Phone: +971 7 243 2633

Working Hours: 09:00 to 18:00 Sun-Thu
Languages Spoken: English, Arabic, Russian

How to proceed

To incorporate a company please contact one of our offices.

Free Consultation

Call to any of our offices for your free initial consultation.

Confidential Callback Request

Please complete Callback Request Form and we will call you back at the time you have requested.

Related Resources

Please choose the Free Zone in the UAE for more details:

Shelf Companies List
Bank Accounts
Trademark Registration

  

 

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