Hamriyah Free Zone Authority (HFZA) is a free trade zone located in the emirate of Sharjah, United Arab Emirates. It was established in 1995 with the goal of creating a business-friendly environment for companies operating in the industrial, service and trading sectors. The free zone offers a range of services for businesses, including tax exemptions, streamlined business processes, and access to a large pool of talent. It is divided into different sectors such as manufacturing, trading, services, and maritime. Companies operating in HFZA have access to a wide range of infrastructure and facilities, including warehouses, office spaces, and custom-built factories. The free zone is strategically located near the Sharjah International Airport and the Port of Hamriyah, providing easy access to major shipping routes, which is an added advantage for the logistics, trading and manufacturing companies.
Why HFZA?
1. Tax exemptions: Companies registered with the Hamriyah Free Zone Authority (HFZA) are exempt from corporate and personal income taxes.
2. 100% foreign ownership: HFZA allows for 100% foreign ownership of companies, with no requirement for a local sponsor.
3. Strategic location: HFZA is located in the Emirate of Sharjah, providing easy access to regional and global markets through the Hamriyah Port.
4. Deregulated environment: HFZA offers a relaxed regulatory environment, making it easier to start and run a business.
5. World-class infrastructure: HFZA provides state-of-the-art facilities, including office spaces, warehouses, and dedicated trade zones.
6. Streamlined processes: Setting up a company with HFZA involves streamlined processes, making it faster and easier to get started.
7. Access to a thriving business community: HFZA is part of a thriving business community in Sharjah, providing companies with access to a diverse talent pool and supportive ecosystem.