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SFM IN PRESS

DTEC is Here – What is It and How Can it Benefit You?

29 October 2018

Once again proving that the UAE is one of the world’s best centres for tech companies, a new jurisdiction has just opened in Dubai for start-ups [..]

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Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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HAMRIYAH FREE ZONE

Our Commitment

  1. Your Company in Hamriyah Free Zone formed within 15 working days *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members
  5. Setting up your company with a bank account including eBanking and debit card
Hamriyah

Hamriyah Free Zone Company Main Characteristics:

Company typeFree Zone Limited Liability Company
Governing corporate legislationHamriyah Free Zone Authority
Information published relating to company officersCompany director names are not disclosed
ConfidentialityComplete confidentiality
Accounting requirementNo accounting or auditing requirements
TaxationNo corporate or personal taxation
LegislationHamriyah Free Zone Authority 
Standard currencyUAE Dirhams pegged to USD
Time to form15 working days
CommunicationEfficient communication
Local sponsor requirementNot needed
Residence visa issuanceResidence Visa issued
Number of directors neededA minimum of one director

The types of licenses fall into three basic categories:

  • Industrial License:

    This license will allow the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products.

  • Commercial License:

    This license will allow the holder to import, export, sell, distribute and store items specified on the license.

  • Service License:

    This license allows the holder to carry out the services which are specified on the license within the Hamriyah Free Zone only.

Types of Incorporations:

  • Free Zone Establishment (FZE) is a single shareholder Limited Liability Company which can be incorporated in Hamriyah Free Zone.
  • Free Zone Company (FZC) is similar in all aspects to a Free Zone Establishment except it allows multiple shareholding (maximum five shareholders).

* Please refer to our Terms & Conditions