Please click on the questions below to view the answers.
Services & Facilities
What benefits are offered to companies setting up in
Hamriyah Free Zone?
Hamriyah Free Zone
is challenged to provide competitive incentives and
unique opportunities to establish a business in a tax
free environment, full company ownership, exemptions
from all commercial levies and repatriation of capital
and profits.
What are the facilities provided to companies wanting
to set up in the free zone?
Are the facilities provided on buy or lease basis?
The facilities are
available on lease basis.
Is financial support provided by the free zone for
the proposed projects?
There is no financial
support provided by the free zone.
License
What are the types of license provided by the free
zone?
Hamriyah Free Zone
provides 3 types of license: Industrial license, Commercial
license and Service license. [For more details please
check the License page.]
Can I be a partner in more than one company?
There are no restrictions
on the number of businesses the investor can be involved
in.
Is it possible to establish a branch office of my company
in the city of Sharjah or other U.A.E. cities?
With exception to
FZE and FZC, there are no restrictions to establish
a branch outside Hamriyah Free Zone. However a local
partner is required, since it is outside the free zone.
Can I utilize my Hamriyah Free Zone License to operate
from Sharjah or any other emirate?
The License issued
from Hamriyah Free Zone is valid for operation only
inside the free zone territory. It cannot be used to
set up a business in any of the other Emirates.
Setting up
Which companies can be part of Hamriyah Free Zone?
As a provider of
an ideal business environment, service provider; traders
and manufacturers will certainly find a place in the
free zone.
What is the minimum capital required to establish a
company in the free zone?
If you are establishing
a FZE or an FZC, the minimum capital requirement is
AED 150,000/- or US $ 41,000, but there is no minimum
capital required when setting up a branch of a foreign
/ local company. [For more information, refer to Company
Registration page.]
Is a local partner required to invest in Hamriyah Free
Zone?
No, establishing
a business in Hamriyah Free Zone gives you an exclusive
proprietorship.
Is there any corporate or income tax applied to companies
or to individuals?
No, there is no
corporate or income tax applied to companies or to individuals.
Will Hamriyah Free Zone assist in constructing my factory/
warehouse building?
Hamriyah Free Zone
will provide you on request with a list of registered
consultants and contractors.
Customs
What are the customs procedures of Sharjah?
Kindly visit Sharjah
Customs Department website: www.sharjahcustoms.gov.ae
General
Are there restrictions on employment of the company’s
personnel?
No, provided you
adhere to the immigration procedures.
What is the maximum number of employees allowed?
The number of employees
depends on the nature and size of your proposed project.
How long is my residence visa valid?
3 years from the
date of issue.
What are the restrictions on bringing my family?
There are no restrictions
provided that you follow the immigration procedure.
Can I convert my driving license?
Yes, provided that
your driving license is issued from one of the countries
that the UAE recognizes their driving licenses. A local
UAE Driving license can be issued against this upon
completing certain formalities.
Can I reside in any of the U.A.E. Emirates while conducting
business in Hamriyah Free Zone?
You can reside in
any of the emirates of the UAE, provided you have a
valid residence visa.
Are there any restrictions on traveling outside the
country?
There are no restrictions
provided that you do carry a valid visa.
Are there any restrictions to importing and exporting
of goods?
There are no restrictions
on importing and exporting goods that are approved on
your license. No duties are imposed on goods imported
and/ or exported from within the Free Zone.
Can we sell our product in the local market (U.A.E.)?
Yes. A local distributor
and the payment of relevant customs duties are required.
Can I transfer my money outside the country freely?
Yes since authorities
do not impose restrictions on the movement of capital
or profits.
How do we get more information about Sharjah?
Please refer to
our Useful Links page where you can find links to the
main information about Sharjah.
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