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The
Hamriyah Fee Zone Sharjah, was established by an Emiri
Decree issued on November 12, 1995. Since the decree
was issued no effort has been spared in fast-tracking
the development of the Free Zone to serve as a
cornerstone in Sharjah and the United Arab Emirates (UAE)
industrial development strategy.
 The
Hamriyah free Zone Authority (HFZA) manages the Free
Zone area, which comprises approximately 10 million
square meters of industrial and commercial land.
Included in the Free Zone area is a 14m-deep water
port, which is designed to incorporate dedicated
petrochemical bulk handling and general cargo berths.
Generous Incentive Framework
As a Next Generation Free Zone, the Hamriyah Free
Zone’s mission is to provide incentives which exceed
that of its competitors and which meet the needs of
firms competing for market penetration in the new
millennium. Taking up this challenge, Hamriyah Free
Zone has sought to both match the standard terms
offered by competitor Free Zones and to exceed it.
Investment
Incentives
-
100%
Foreign company ownership
-
100%
import & export tax exemption
-
100%
exemption from all commercial levies
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100%
repatriation of capital and profits
-
Leases
for 15 years renewable for a further 25 years
Facilities
-
Land
for Lease for investor development: Land is
available for lease within the Free Zone in plots
of 5,000 square meters and above and can be
developed by investors to suit their exact
requirements.
-
Pre-built
warehouse/factory/office units: Warehouse,
factory and office units have been constructed on
the site and are available in two convenient
sizes, 416 and 614 square meters.
-
Executive
Suite Offices: The International Business
Center provides space for 100 executive suite
offices with state-of-the-art conferencing and
Internet facilities.
Special
Advantages
-
Strategic,
friendly location
-
Access
to 3 seaports on the Arabian Gulf & Indian
ocean
-
Access
to Sharjah International Airport, the largest
sea-air transit cargo hub in the Middle East
-
Rents
fixed for 5 years
-
Quick
and simple procedure for approval of License
Applications
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Recruitment
and sponsorship of personnel and procurement of
visas
-
Access
to inexpensive workforce
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Access
to Internet, secretarial services, vehicle
registration services and driving licenses.
-
An
established abundant and inexpensive energy.
Suitable
Industries and Activities
Typical activities, which will benefit from being
in the Free Zone, include manufacturing, assembling,
processing, storage, distribution, general trading,
packaging and consolidating.
Hamriyah
Free Zone has already signed several contracts over
the last 12 months with capital commitments of
approximately US$ 350 million. These projects include:
oil refining, bulk grain storage, oil blending, Soya
bean crushing facility, flour mill, printing ink
blending, furniture assembling, furniture restoration,
electronics and computer components, clothing
recycling, satellite TV systems assembling and
distribution, trading and many more.
Click
to go to the official Hamriyah Free Zone web site.
HAMRIYAH FREE ZONE
PO Box 1377, Sharjah, United Arab Emirates
Tel : +971 (6) 5263333 Fax : +971 (6) 5263444
E-Mail :
hfz@emirates.net.ae
http://www.hamriyahfz.com/
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