This kind of approach has contributed to the rise of companies based in the Hamriyah Free Zone. At the same time, a new zone is being developed that will do justice to other companies in the various industries that the Free Zone has to offer. It will be called Industrial Zone and Logistics Village. Startups, SMEs, the offices of entrepreneurs and large enterprises will find their place in the free zone in certain locations, regardless of the type of industry they belong to.

By using this tactic, the government expects a flood of investors to come and do business in the Hamriyah Free Zone. SMEs, branches and startups will find a home in the zone due to the exact area and type of industry. This kind of strategy will help to encourage business start-ups in the free zone.

The Hamriyah Free Zone (HFZ) has allocated its investors two types of corporate structures. Free Zone Establishment: This is a single ownership situation where a single shareholder is sufficient. A Free Zone Company is a type of company that has several shareholders.

The process of establishing a business in the Hamriyah Free Zone is similar to that in other Free Zones, requiring more or less the same documents. To start the process, you decide which business you want to join. Depending on this, you will need to apply for the appropriate license.

Your application will be approved within 1-2 weeks. As soon as your application is approved, you will receive a certificate of incorporation and a commercial license. We have listed a few reasons why you should start a business posthumously in the Hamriyah Free Zone.

Thanks to the advantages mentioned above, many business owners who hope to expand in the nation or start a business are turning to the Hamriyah Free Zone. They keep asking themselves the same question. The convenient setup process is another great advantage.

Hamriyah Free Zone company registration starts at 11,000 AED plus license fee. On top of that, you have to rent a P.O. The provisions of the Hamriyah Free Zone apply only to a residence visa. The warehouse prices start at 85,000 euros (AED) for 300 square meters. The establishment of the free zone can be carried out within one working day.

Disadvantages of Registering Hamriyah Companies The establishment of a Free Zone Branch (FZE) or Free Zone Company (FZC) in Sharjah requires a minimum capital of AED150,000 (approx. Minimum capital is required to establish a branch of a foreign or local company, and at least two directors and a secretary are required to establish the company.

Establishing a business in a free zone is relatively easy. The relevant authority for the free zone has certain industrial sectors and enterprises governed by other government entities. The authorities of the free zone require a minimum of paperwork and duration. Here are some important steps towards establishing businesses in the Hamriyah Free Zone.

In the Dubai Airport Free Zone, you must establish an FZ Co with a minimum capital of AED 1,000. In the Hamriya Free Zone you can purchase an FZE with a share capital of up to AED 150,000 (i.e. The denomination must be AED 1000. If the company obtains a general trading licence, it must hold at least one million Aed shares. In the DMCC, the minimum capital required to establish a free-zone company is 50,000 AED, and the company must have at least 10,000 AED shareholders.

I think it is wise to develop a business strategy for your own good and for the good of your company, so that you can set up a trading company and a business plan if necessary. Phase 2: Keep the name of the company and register as a shareholder in the Free Zone of Hamriyah and approve your services. Phase three: Sign the order at the mailbox in the presence of an official of the Free Zone. The first step is to complete the order and pay for the services.

In reality, this can only take two working days once you have your card. Setting up a business in the Hamriyah Free Zone is not a complicated process. There are a few free areas in the UAE that encourage you to develop yourself, and this is a perfect example of how the free zone offers consumers choice and versatility.

Establishing a business in the Sharjah Free Zone is one of the best and cheapest options in the United Arab Emirates. Many expats flock to the country’s free zones to open shops, owing to the benefits of 100% ownership and full tax exemption. From Dubai to Abu Dhabi, start-ups in the Free Zone have attracted the attention of investors from around the world.

Hamriyah Free Zone is the next generation free zone that guarantees that its management is more adaptable and dynamic than other investor-oriented free zones. Establishment of companies in the Hamriyah free zone: The free zone was established when Emiri declared the problem on 12 November 1995. It became the industrial centre of the Emirate of Sharjah. Investors formed a beeline to set up businesses in the free zone once it was declared a designated VAT zone.

The low annual licensing fees make it attractive for manufacturing companies and service providers. Hamriyah is located on the west coast of Sharjah. With a deep-water port and an import / export-oriented infrastructure, international entrepreneurs have established themselves in the Free Zone by founding FZE Free Zone Companies (FZC) for international trade activities.

If you need an office or warehouse at a reasonable price and don’t mind a remote location, the al-Hamriyah Free Zone in Sharjah is your option. Hamriyah is becoming more and more a customer-friendly zone, suitable for both small and large companies.

In addition to the availability of offices and warehouses, the good access to Emirates Road E611 and Sheikh Mohammed bin Zayed Road E311 facilitates the business environment in the Hamriyah Free Zone. Customers must register on the online portal with a username and password, with a second option of logging in with an Emirates ID and email address.

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