Hamriyah Free Zone (HFZ) is a free zone located in the emirate of Sharjah, United Arab Emirates. Here are key features and aspects of Hamriyah Free Zone:
1. Location:
- Hamriyah Free Zone is strategically located in Sharjah, offering proximity to the Hamriyah Port and access to both the Arabian Gulf and the Gulf of Oman. This strategic location enhances the zone’s attractiveness for businesses engaged in import and export activities.
2. Business Focus:
- HFZ accommodates a diverse range of industries, including manufacturing, trading, services, and oil and gas. It is known for its focus on heavy industries and manufacturing activities.
3. Land Leasing Options:
- One of the distinctive features of HFZ is its provision of land leasing options for industrial and manufacturing purposes. This allows businesses to set up customized facilities based on their specific requirements.
4. Infrastructure:
- HFZ offers modern infrastructure, including industrial units, warehouses, and office spaces. The zone is designed to meet the needs of businesses involved in heavy industries and manufacturing.
5. Licensing Options:
- HFZ provides various licensing options, including industrial licenses, commercial licenses, and service licenses. This flexibility allows businesses to choose the type of license that aligns with their specific activities.
6. Incentives:
- Businesses in HFZ benefit from incentives such as 100% foreign ownership, no personal income taxes, and no import or export duties. These incentives contribute to creating a business-friendly environment.
7. Proximity to Hamriyah Port:
- The close proximity to Hamriyah Port enhances the logistical capabilities of businesses in HFZ, facilitating efficient import and export operations.
8. Petrochemical Complex:
- HFZ includes a petrochemical complex, making it a suitable location for businesses engaged in the oil and gas sector. This complex provides opportunities for companies involved in petrochemical processing and related activities.
9. Cost-Effective Solutions:
- HFZ is known for its cost-effective business setup options, making it an attractive choice for businesses, particularly those in heavy industries.
10. Research and Development: – HFZ encourages research and development activities, providing opportunities for companies to innovate and contribute to advancements in their respective industries.
11. Business Support Services: – HFZ offers a range of support services for businesses, including visa services, assistance with business setup, and access to a network of service providers.
12. Business Community: – HFZ is home to a diverse business community, including multinational corporations, SMEs, and startups. The free zone fosters networking and collaboration opportunities among its tenants.
Overall, Hamriyah Free Zone is designed to cater to the needs of businesses involved in heavy industries, manufacturing, and trade. Its strategic location, focus on industrial activities, and business-friendly incentives make it an appealing choice for companies looking to establish a presence in the UAE.
