Sharjah Freezone Company Formation

Hamriyah Free Zone (HFZ) was established in November 12, 1995. HFZ is fast becoming one of the cornerstones of the United Arab Emirates industrial development. As the Next Generation Free Zone, Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor oriented free zone.Hamriyah Free Zone is challenged to provide competitive incentives and unique opportunities to establish businesses in a tax free environment with full company ownership, exemptions from all commercial levies and repatriation of capital and profits. The free zone manages an area of approximately 22 million square meters of prime industrial and commercial land and a 14-meter-deep water port which includes scope for expansion. Hamriyah Free Zone is located in the emirate of Sharjah. Sharjah is the only one of seven emirates with ports on the Arabian Gulf’s west and east coasts with direct access to the Indian Ocean, and an International Airport. Sharjah offers extensive transportation links to the Gulf states, Indian subcontinent and the emerging markets in Asian and African nations.

SAIF zone is established in the year 1995. SAIFzone is home to more than 6000 companies. Located near Sharjah International Airport and it provides continuous services related to licensing. There are lot of advantages related to warehouses, storage areas, container parking, bunkers, Excellent air, land and air links, back up service provided by Sharjah Economic Department (SED) and Sharjah Expo, Labour accommodation at better pricing. Companies with different industries prefer to go with SAIF zone because of their proximity to Sharjah Airport; competitive pricing of license; flexibility of choosing between warehouse along with office for trading license. SAIF zone offers flexible package ranging from single office space to starting companies to entire manufacturing facilities for industrial licensing companies, they have options designed to accommodate every business.

SHAMS free zone wasestablished in 2017in Sharjah. It acts as a catalyst for creative and media businesses to grow and thrive. Aiming to be a world-class media hub for innovative facilities and services, Shams covers a wide range of business activities available for those wishing to embark on their entrepreneurial journey in the UAE.

Wide range of business activitiesavailable on the same business license. All company documents issued within days.100% foreign ownershippermitted.Shareholders arenot required to be physically presentin the UAE to incorporate a new company.Companies registered in SHAMS will havelimited liability.100% repatriation of capital and profits.0% corporate or personal income tax.Located 5 minutes from Sharjah International Airport and 15 minutes from Dubai International Airport.

Frequently Asked Questions

- Commercial License: Trading activity
- Industrial Licence: A manufacturing or industrial activity
- Professional License: Service providers
There are two types of companies or legal entities that can be formed by corporates in Sharjah Free Zones based on the type of shareholding.
Free Zone Establishment (FZE)
It is a single shareholder limited liability company
Free Zone Company (FZC)
It is multiple shareholder limited liability company that can be set up with a maximum of 2 to 5 shareholders
There are three free zones in Sharjah between which an entrepreneur can choose where to set up the business. These five free zones are:
  1. Hamriyah Free Zone (HFZA)
  2. Sharjah Airport International Free Zone (SAIF Zone)
  3. Sharjah Media City (SHAMS)
  1. Exemption from taxes and foreign duties
  2. 100% foreign ownership
  3. Full repatriation of capital
  4. World class infrastructure
The free zone offers four types of licenses. The cost and setup procedures may vary according to the type of license applied for.
  1. Service license
  2. Trading license
  3. Industrial license
  4. Holding license
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