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Business Setup In Hamriya Freezone Sharjah
Business set up In Hamriya Free Zone is indeed attractive to the entrepreneurs for it is stated as “designated zone” for VAT purposes. Hamriyah Free Zone is offers benefits like competitive incentives in a tax exempt condition with complete company ownership and many more. The free zone is a promising region of immense growth and opportunities for the business being incorporated there.
Hamriyah Free Zone is located in the emirate of Sharjah. Sharjah being one of the seven emirates, having ports on the Arabian Gulf’s west coast and east coast has access to the Indian Ocean as well as the International Airport. Hence this free zone offers high connectivity with broad transportation to the Gulf States, Indian subcontinent and other developing markets in African and Asian countries.
Benefits of Hamriya Free Zone company formation
100% foreign ownership
100% free transfer of funds
No restriction on capital repatriation
Import or re-export duties 0%
0% personal income tax
No restriction on hiring foreign employees
To register a new company in Hamriya Free Zone, there is no need of physical presence in UAE.
There is no requirement of NOC for setting up of business in Hamriya Free Zone
The documentation takes just 2 days
The formalities involved are simple and cost-effective.
Types of Licenses issued in Hamriayh Free Zone
In order to set up a business in Hamriya Free Zone, below given are three license options one may opt for as per the nature of the business activities planned to operate.
Commercial License
Service License
Industrial License
The procedures involved for company set up in Hamriya Free Zone are submission of signed application forms along with required documents, related payment and then finally collecting of the trade license.
If you an entrepreneur planning to set up a business in Hamriya Free Zone (HFZ), Modern Typing has the expertise to get your company formation done in Hamriya Free Zone easily and quickly. Get in touch with the experts and experience the most convenient service for business set up in Hamriya Free Zone.
