The Emiri Decree supplied on 11 12 1995 was used to to initiate the spread out of HFZ (The Hamriyah Free Zone Map isprovided below).
Today it has grown as a fundamental element to the business/commercial progress in UAE. The Hamriyah Free Zone is promising and proving to bethe contemporary free zone by providing a thriving and supple administration to both the bondholders and partners. Although it is an bond holder aligned free zone. Initiation of a firm in an economy that is tax less with entire freehold on the corporate firm is just gold and Hamriyah Free Zone does just that at cut-throat inducements and openings. As a client you can get exempted from all sorts of capital repatriation& Profit apart from business levies. An area of23 million sq meters of commercial and industrial land along with a fourteen-meter water harbor (on growth now) belongs to the Hamriyah Free zone Sharjah.
Types of License
- Trade License : For trading or General Trading activities
- Service License : For Consulting and related activities
Freezone-Hamriyah: Setup Cost
Hamriyah Offers plenty of flexi desk solutions with the fee structure as below:
License registration- AED 26000- USD 7123
Annual License Renewal- AED 26000- USD 7123
The fee is inclusive of the below features:
Office 10 sqm( porta cabin)
4 residence visas are eligible
Whereabouts - Hamriyah Free Zone Location
Hamriyah the Free Zone is located within U.A.E in the Emirate of Sharjah as it is the only emirate that has harbors to the Arabian gulfs western as well as eastern shorelines. It also has several undeviating entries to the Indian Ocean. The Hamriyah Free Zone location is wisely selected as it further has entrance to the Sharjah international airport. Sharjah is an emirate from where Middle east states, the Indian Subcontinent and almost all the Asian- African Nations are easily accessible, it offers lots of transportation feasibility. Here is the Hamriyah Free Zone Map:
The Sharjah link offers plenty of connection chances. Economic Benefits A hundred percent exemption from all taxes Complete foreign freehold on company Exclusion of all financial levies:
- One hundred percent profit
- Hundred percent repatriation of capital Reparation of profits- hundred percent.
- Added benefits Share of lands are available on lease for twenty-five years Renewal is good for twenty-five years
- A fourteen-meter low-base water harbor is present Adjacently located, seven meter deep internal dock – Hamriyah Port Dubai
- Pre- constructed Office units are available on lease Similarly, warehouses are also available on lease Fully provisioned, designer Exec Office suits to suit your taste
- Intercontinental business Centre with pr like conferencing
- Telecommunication provisions are also incorporated within the Centers
- Stay in supply for the contrarian’s professionals are provided on the site. Accommodations have health club and recreation centers High tech infrastructure, telecom links In addition to the
- Sharjah International airport seaports ( Hamriyah port Dubai) are present on both shorelines - Hamriyah Port Dubai
- An easy admittance to all the 3 sea ports Ample of energy resources Electricity is in abundance only at: $0.05 for a KWA Thousand gallons of water acquirable at only $8.17 Zero interference in professional hiring process as well as economic workforce Living expenses are very reasonable
The Emiri Decree assures the certainty of both shareholders and their acquisition with full repatriation of profits and capital. List of officially licensed free zone undertakings There is no limit set on financial undertakings/ authorized activities as such in Hamriyah Free Zone as far as it is ecco friendly and doesn’t violate the state laws. Although it is advised that the establishments don’t assign any values to their produce as the bondholder can transport merchandises from/ to Hamariyah lacking any price on them. Cells/ buildings for lease Bond holders can greatly benefit from the Semi developed factories, office and even warehouses that are obtainable in the free zone. If there is a requirement for tailor made facility then lands are also obtainable on lease. In addition, several suit types are obtainable for accommodating the staff. Custom enlargement (lands for lease) Lands are acquirable in several sizes starting from five hundred square meter. Upward additions of five thousand square meter can be done depending up on your need. Up to 60% of the leased plot can be constructed or used as per the investor needs without any disputes. Plot leasing criterion You must lease the land for a least time of five years and can lease up to a pinnacle of twenty five years. However, that wouldn’t be an issue as the lease can be forbye reaffirmed and extended for twenty five years.
Get your business in Hamriyah freezone Sharjah with Garant Business Consultancy
For an easy an carefree business set up give us a call and we would do the rest. Not just Hamriyah, we will study your case and opt in for a freezone solution that works best for you. We also provide fiduciary and related services. Do not hesitate to reach out! We cherish over thousands of satisfied clients.