Hamriyah Free Zone (HFZ) is located in Sharjah and was established in 1995. This has been established with the objective of providing a hassle free business environment to the investors. It is supported by a flexible and dynamic management to ensure an investor friendly environment.
Sharjah is the only emirate with ports on both east and west coast, offering a direct access to the Indian Ocean. Equipped with an international airport connecting to more than 230 cities around the world, it offers an extensive market reach. Sharjah offers unique geographic and time zone advantages. The HFZ manages more than 22 million square meters of prime industrial and commercial land. It is also connected with a 14 meter deep water port and 7 meter deep inner harbor.
HFZ has a vision of being the most cost effective free zone and this is propelled by a mission to add value by allowing investors to operate profitably, safely and in a socially, economically and environmentally responsible manner.
HFZ is highly quality conscious and is also ISO certified as well. It has received man honors, awards and international certifications against ISO and other standards. Their procedures for setting up a company are easy and streamlined, making it possible for a company to get the license with in 24 hours of submitting all the required documents.
Once the license is issued, provisional approval is given to the project and the legal documentation is prepared. The agreement is signed and payments are made and the license and lease is issued. For new companies, a certificate of incorporation is also issued. The entire process is very easy and flexible. A branch of an existing company, a Free Zone Establishment or a Free Zone Company can be formed in HFZ.
HFZ offers land on lease with flexible terms. The minimum lease period is 5 yeas and can be up to 25 years. Lease rates are fixed for the fist five years. The electricity and water are provided at inexpensive rates. Additional facilities like PO box, name approval and web site are provided in payment basis.
Pre-built warehouses are available in varying sizes of 276, 416 and 614 square meters, to suite the individual business needs. These come along with office space and other amenities. Provision for air conditioning is made. Air conditioning is to be provided by the investors. Additional services like pest control are also made available.
Excellent office spaces are available from 15 to 42 square meters capacity, with flexible design for further expansion. These offices come along with all the amenities and the rental includes all the services and amenities. Conferencing and internet facilities are readily available. Lease term is one year with full rent payable as advance.
A well equipped harbor takes care of the transportation by sea, functioning as a freight bridge. Flexible staff accommodations are made available at Accommodation city. These units are suitable for senior as well as junior executives and offer comfortable stay with many services.
The Investor Service department at HFZ provides many services to the investors like immigration, administrative and governmental services. Multiple types of visas as required by the investors and their staff are processed easily.
A range of administrative services like passport and visa related services, employment related services and document attestation are provided through HFZ.
An elaborate guideline document for engineering services, covering various procedures to be followed, standards to be maintained and other administrative steps is provided to all the investors constructing their facilities.
Financial incentives like 100% foreign ownership, import and export tax exemption, exemption from all commercial, corporate or personal income tax, full repatriation of profits and capital are available at HFZ.
HFZ offers a bubbling and dynamic business environment which is highly investor friendly.