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Hamriyah Free Zone Company.
Hamriyah Free Zone Company Formation.

 

General Information about Hamriyah Free Zone Company

Welcomed business activities:

All business activities.

Benefits of setting up a company in Hamriyah Free Zone

  • 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.
  • No personal income tax.

Company Types in Hamriyah Free Zone

Free Zone Establishment (FZE) is a single share holder limited liability company which can be incorporated in Hamriyah Free Zone. The minimum capital requirement for incorporating a Free zone Establishment (FZE) is Dhs.150, 000 (Approximately US$ 40,000) (Applicable for Land / Warehouses). This will not be blocked, but can be used for business. However Free Zone Company (FZC) will be a similar incorporation with multiple shareholding (maximum 5 shareholders).

Required Documents

1. Passport copy of owners
2. No Objection letter from current sponsor (if holding a valid UAE visa) attested from Chamber of Commerce OR
3. Visit/Tourist visa

* Additional documents may be required as deemed necessary.

Types of License in Hamriyah Free Zone

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.

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.

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

Government Fees (Company Registration)

- Registration/Incorporation Charge is AED 9,000.

Resident Visa

Visa Fee: AED 3,500 each
* For staff, additional one month salary + one way ticket equivalent applicable

Hamriyah Free Zone - Important Aspects

Share Capital
The minimum requirement for share capital is AED150,000. This will not be blocked, but can be used for business.

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

Directors / Secretary
There should be at least 2 Directors and a Secretary for FZE / FZC's. At least one of the Directors and the Secretary must be residents in the UAE.

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

Taxation
Nil.

Audit Requirements
FZE/FZC should submit its audited financial statements to Hamriyah Free Zone Authority every year within 3 months from the end of the financial year.

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

Hamriyah Free Zone - Cost of Formation

Packages

Commercial License (Import/Export Trading in 5 categories): AED 25,000

Includes:

1. Office rent for 1 year (10 sqm (porta cabin building))
2. License fee for 1 year (Commercial or Service License)
3. Service Charges
4. Name approval charges
5. Utilities (water, electricity)
6. Allotment of 4 visas (maximum)

Commercial License (General Trading): AED 35,000

Includes:

1. Office rent for 1 year (10 sqm (porta cabin building))
2. License fee for 1 year (Commercial or Service License)
3. Service Charges
4. Name approval charges
5. Allotment of 5 visas (maximum)

Service License (Marine Services): AED 25,000

Includes:

1. Office rent for 1 year (10 sqm (porta cabin building))
2. License fee for 1 year (Commercial or Service License)
3. Service Charges
4. Name approval charges
5. Utilities (water, electricity)
6. Allotment of 4 visas (maximum)

Marine Activities (Subjected to approval from Sharjah Sea Ports and Customs Department)

Note: Investors will obtain the license for the requested activities from Hamriyah Free Zone after receiving the approval letter from Sharjah Sea Ports and Customs Department.

Service License (Consultancy (IT, Marketing, Management, and Business)): AED 25,000

Includes:

1. Office rent for 1 year (10 sqm (porta cabin building))
2. License fee for 1 year (Commercial or Service License)
3. Service Charges
4. Name approval charges
5. Utilities (water, electricity)
6. Allotment of 4 visas (maximum)


* P.O. Box + visa charges are not included.

Hamriyah Free Zone Company - Cost of Formation

Request a quotation

Worldwide Incorporation Services - Office Address in the UAE

DUBAI

 

Phone: +971 4 450 4707
Fax: +971 4 450 4707
Skype: wis.uae 

8th Floor
Platinum Tower
Jumeirah Lakes Towers
Dubai
United Arab Emirates
Working Hours:
09:00 to 18:00 Sun-Thu (GMT +4)

Services in Hamriyah Free Zone

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

  • Hamriyah Free Zone Company Formation
  • Investor & Employment Visas
  • Full Company Administration & Secretarial Services
  • Opening of Bank Accounts

 

How to proceed

To form an Hamriyah Free Zone 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.

Why Our Company is the Best Choice for Hamriyah Free Zone Company Formation and Administration?

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