Located in Sharjah, the largest and fastest-growing emirate in the UAE, Hamriyah is a port zone that boasts approximately 22 million square meters of main industrial and commercial land, as well as a 14-meter water port. It is a “next generation” Free Economic Zone that prioritizes flexibility, dynamism, and investor orientation in its governing apparatus.

Requirements

1. Passport copy
2. Trading license (if shareholder is a company)
3. CV
4. Address and utility bill (to confirm the address of residence)

Tax System Hamriyah Free Zone offers a tax-free environment, with no corporate or personal income tax, no value-added tax (VAT), and no withholding tax. This makes it an attractive destination for entrepreneurs looking to minimize their tax liabilities

• 100% repatriation of capital and profits
• No customs duty
• No currency restrictions
• Affordable cost of living
• Land lease for 25 years with the possibility of renewal for another 25 years
• Affordable and cheap energy

At VALCORP, we offer comprehensive assistance in setting up your business in Hamriyah. Our team of experts is well-equipped to handle all aspects of company formation, including obtaining necessary licenses, permits, and approvals. We can also assist in opening bank accounts, finding office space, and ensuring compliance with local regulations.

• Select a company name and activity
• Choose the legal form of the company
• Submit the necessary documents and obtain initial approval
• Obtain the necessary licenses and approvals
• Register the company with the relevant authorities
• Obtain a residency visa (if required)