Hamriyah Free Zone Authority (HFZA)
Hamriyah Free Zone Authority (HFZA) is one of the most prominent free zones in the Emirate of Sharjah, United Arab Emirates. Established in 1995, HFZA has emerged as a leading business hub, attracting local and international companies from diverse industries. Spanning over an area of 26 million square meters, it is strategically located near the Port of Hamriyah, offering excellent connectivity for businesses involved in manufacturing, trading, and logistics.
HFZA provides a wide range of incentives and benefits, making it an attractive destination for investors and entrepreneurs. One of its key advantages is 100% foreign ownership, allowing companies to have full control and authority over their operations. This policy fosters a favourable investment environment and promotes business growth. Additionally, HFZA offers exemption from corporate and personal income taxes, ensuring enhanced profitability and financial stability for businesses.
The infrastructure within HFZA is world-class, designed to cater to the diverse requirements of different industries. It offers a variety of facilities including industrial units, warehouses, office spaces, and land for lease. Businesses can choose from ready-to-use premises or customise their units based on specific needs. The zone is equipped with advanced technology, modern utilities, and excellent logistics infrastructure, providing a conducive environment for companies to thrive and expand.
HFZA is home to a wide range of industries, such as manufacturing, logistics, oil and gas, maritime, construction, and more. This diversity creates opportunities for collaboration, networking, and partnerships among businesses. HFZA fosters an environment where companies can leverage each other’s strengths, leading to innovation, efficiency, and growth.
The strategic location of HFZA near the Port of Hamriyah plays a crucial role in its success. The port offers easy access to global markets and facilitates efficient import and export activities. Businesses operating within HFZA can leverage the proximity to the port to streamline their supply chain and optimise their logistics operations. In addition, HFZA benefits from well-developed road networks, providing seamless connectivity to other Emirates and neighbouring countries.
HFZA is committed to providing streamlined processes and efficient services to its investors. The free zone’s administration focuses on simplifying procedures and reducing bureaucratic hurdles, ensuring a smooth and hassle-free experience for businesses. HFZA offers a comprehensive range of services, including company registration, licensing, visa processing, and customs support, all available under one roof. This customer-centric approach enhances the ease of doing business and supports companies in their growth journey.
Moreover, HFZA offers additional support services such as banking facilities, legal services, and access to a skilled workforce. The presence of reputed financial institutions within the zone simplifies financial operations for businesses. HFZA also collaborates with educational institutions and training centers to ensure a skilled labour pool, enabling companies to access qualified professionals.
HFZA’s commitment to excellence and customer satisfaction has earned it several accolades and recognition. It has consistently ranked high in terms of investor satisfaction, and its efforts to foster a business-friendly environment have been widely appreciated.
In a Nutshell
Hamriyah Free Zone Authority (HFZA) is a thriving business hub that offers numerous advantages to companies across various industries. With its strategic location, state-of-the-art infrastructure, comprehensive services, and tax incentives, HFZA provides an ideal platform for businesses to establish a strong presence and drive growth in the region.
