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
-
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
-
Recruitment and sponsorship of personnel and procurement of visas
-
Access to inexpensive workforce
-
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 : http://www.hamriyahfz.com/
|