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Hamriyah Free Zone company setup guide
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Unleashing Business Potential in Hamriyah Free Zone

Unleashing Business Potential in Hamriyah Free Zone Hamriyah Free Zone is a vibrant business destination located in the emirate of Sharjah, UAE. This free zone offers ample opportunities for entrepreneurs and businesses seeking to establish themselves in the region. Established in 1995 and spanning over 26 million square meters, Hamriyah Free Zone provides easy access to global markets. It has world-class facilities, comprehensive support services, and industry clusters. Its location near the Arabian Gulf, coupled with excellent connectivity via land, sea, and air routes, makes it an ideal choice for international trade. Reasons Why Businesses Choose Hamriyah Free Zone? When it comes to setting up your business in the Hamriyah Free Zone, you’re spoiled for choice, literally! The free zone offers both free zone and non-free zone entities, each tailored to meet your specific needs. If you opt for a free zone entity, you’ll enjoy 100% ownership and a range of incentives such as tax exemptions, repatriation of capital and profits, and no currency restrictions! Below listed are some more reasons: Strategic Location Hamriyah is nestled between the Arabian Gulf and the Indian Ocean, which gives businesses easy access to global markets, especially the Middle East, Africa, and South Asia. This opens doors to endless possibilities! Top-Notch Infrastructure and Facilities Hamriyah Free Zone has exemplary infrastructure, including modern office spaces, warehouses, and land for industrial activities. Moreover, it provides businesses access to world-class logistics and transportation facilities, making your business operations a breeze. Support Services to Count On It can be daunting for an expat to launch a business in a foreign land. But there’s nothing to worry about when you are in Hamriyah Free Zone. Right from licensing assistance and visa services to banking facilities and access to skilled labour, the place offers comprehensive business support services. The Power of Industry Clusters The free zone is home to various industry clusters, including oil and gas, manufacturing, maritime, and logistics. This clustering effect fosters collaboration and synergy among businesses operating in similar sectors. Business-Friendly Regulations You can expect streamlined procedures, a transparent legal framework, and ease of doing business in this free zone. Business Opportunities in Hamriyah Free Zone Manufacturing: Includes petrochemicals, plastics, metals, and automotive. Maritime and Logistics Hub: Businesses involved in shipbuilding, repair, storage, and all things related to maritime and logistics. Trading companies: Import, export, and re-export of goods across the globe. Networking Opportunities You will find networking events, trade exhibitions, and industry-specific forums regularly being conducted in the Hamriyah Free Zone. This helps businesses to enhance their network by connecting with potential partners, suppliers, and customers. Set yourself up for success By capitalizing on the advantages offered by Hamriyah Free Zone, entrepreneurs and investors can unlock a world of opportunities in this region. We at Corpin Consultants have an in-depth understanding of the various industry sectors and laws of the Hamriyah Free Zone. From handling documentation requirements and visa processes to assisting with bank account setup, we streamline the entire process for you. With our expertise and industry knowledge, we ensure your compliance with regulations so can focus on your core business activities and make your mark.

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How To Find The Ideal Free Zone For Your Company Setup In UAE?

How to Find the Ideal Free Zone for Your Company Setup in UAE?  Establishing a business in a free zone is an ideal option for foreign investors to have full control over their business and receive considerable tax exemptions. However, there are around 50 free zones in UAE and selecting one is a cumbersome task. Through this article, we would like to clear things for you so you can choose the best one for your business. Determine the type of business activity for your business Every free zone has its own set of specific activities that are allowed to be performed within the jurisdiction. The more activities you choose, the more your license will cost. One way to avoid this is by choosing several activities within one activity group and from the same license type, so you don’t have to pay any additional fees. Select the facility type your business may require A business will have many facility requirements depending upon its business activities. If your business requires meeting with clients regularly or you are planning to hire employees, it is better to opt for an office. Take into consideration the availability of these facilities as some free zones don’t offer them. Also, make note that a company registered within the free zone is only allowed to have a facility within the UAE Free Zone where it is registered. Select a free zone depending on the amount of capital you wish to invest For registering a company in the UAE, you are supposed to deposit a share capital amount which varies in each free zone. Free zone Company registration cost is another key aspect to consider. Check the licensing requirements Every free zone in the UAE has its own type of business licenses. There are three license types available in free zones such as trading license, professional license and service license. Some free zones also offer additional licenses based on the activities of the company. Check the exact requirements before selecting a free zone. Check the reputation of free zones with local banks It is better to seek the guidance of a business setup expert who can assist you in opening a corporate account in an established bank in the UAE. Every free zone has different procedures, requirements and licensing costs. Considering the complexities involved, it would be wise to seek the advice of company formation experts for a smooth process. We at Corpin Consultants have a successful track record of handling the company formation process in free zones. Contact us today to know more.[/vc_column_text][/vc_column][/vc_row]

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