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Business setup Sharjah Free zone

Sharjah Free Zones

  • Business setup in Sharjah Free zone

    Business setup in Sharjah Free zone

    Hamriya Free Zone

    Hamriya Free Zone was founded in 1995 with 24 Sq. Km. in size and having 14 meter deep port & 7 meter deep inner harbor. Its lures investors on the basis of 1.5 billion consumers of MENA region and Sharjah is the only one emirate, which is having ports on the Arabian Gulf’s west coast and east coast with direct access to the Indian Ocean.

    The onsite staff residential plan is also available for investors, electricity and water with banking facility is available.

    Types of Business allowed in HFZ
    • Branch office of Onshore Company
    • Branch of Foreign Company
    • Sole owner free zone establishment
    • Multi owner free zone company
    Types of Licenses
    • Industrial License
    • Service License
    • Commercial License
    FZE’s and FZC’s
    • Both are limited liability company
    • Both will require free zone trade license after incorporation
    • FZE is a single shareholder and FZC should have not less than 2 or maximum 5 share holders
    • No shares may be transferred without written approval of HFZ
    • Financial year starts from January to December except first year of start up for new companies that starts from date of commencement
    • 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
    • HFZA will require for a foreign national designated as director or manager to hold valid residence and work permits from the relevant authorities
    Land for Lease and Rent

    The industrial plots range in size from 2,500 sq. m. and upwards in multiples of 2,500 sq. m. Up to 60% of these plots can be developed to suit investor's exact requirements and for rent the annual land rate starts from Dhs 25 per sq. m. Sharjah Airport International Free Zone

    SAIF Zone is the first founded Airport industrial free trade zone in UAE that also has easy access to Gulf of Oman (Port Khor Fakkan) and Arabian Gulf (Port Khalid). SAIF Zone is built adjacent to the Sharjah International Airport which has already reputation of cargo hub. SAIF Zone services over 2,900 companies from 91 countries.

    Highly developed infrastructure and extremely attractive incentives makes it dreams come true for the investors

    Incentives
    • 100% foreign owned enterprise
    • Full tax repatriation of capital and profits
    • Full corporate, personal income tax exemption
    • No Import & Export duties
    • License issued within 24 hours
    • Onsite labor accommodation
    • Features
    • Excellent Air, Sea and Land route links
    • 24 x 7 operations
    • Economical fee structure
    • 25 years extendable to similar period
    • Sponsorship and visa’s for all staff
    • Access to over 2 billion customers Strategic location
    • 24 hour hotline for equipment and provision of labor
    • Global and regional communications with excellent air, land and sea links
    • Simplified procedures
    • Back up services provided by the Sharjah Chamber of Commerce and Industry and the Sharjah Expo

    Sharjah offers cost-effective living and world class educational options for the SAIF-Zone investor. A multinational education system at all levels is available to ensure all educational requirements for families are met. Shams Media City Free Zone

    SMCFZ was launched in the year 2017 itself with a goal to gain benchmark position nationally, regionally and internationally in serving of media and creativity. Shams community has provided an ambience to contemplate on innovation, to live and implement. Shams eye, the well established companies to SME’s, so both can get nurtured from the contributions of young think tanks under patronage of veterans.

    License

    A Shams limited liability company (LLC) is an independent entity whereby the company structure separates the owners and shareholders from the company. Hence the liabilities of the company whether arising in contract or otherwise, are the company’s liabilities and not the personal liabilities of the shareholders. Equally the company’s assets are the company’s asset and not the personal assets of the shareholders. A Shams branch is an entity belonging to an existing parent company. All profits, benefits, gains and other returns of the branch shall be profits, benefits, gains and other returns of the parent company. Equally, all costs, expenses, debts and other liabilities of the branch are costs, expenses, debts and other liabilities of the parent company.

    Office space
    • Dedicated Desk
    • Shared Desk
    • Dedicated Office
    • Shared Office
    Features
    • 100% foreign ownership
    • 100% repatriation of capital and profits
    • 100% free transfer of funds
    • No custom duties on import or export
    • No corporate tax for 50 years
    • Documentation within 48 hours
    • Enlarged visa quota scheme on licenses
    • No physical presence in UAE or NOC required for starting company
    • Free share capital or annual audit
    • Economical solution for workforce and recruitment