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News

SFM IN PRESS

It is now possible to purchase properties in Dubai with a RAK offshore company

8 August 2019

In a recent development, businesses individual shareholders registered in RAKICC (Ras Al Khaimah International Corporate Centre) may now own properties in areas of Dubai designated as freehold. [..]

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Ras Al Khaimah is offering the best of both worlds

18 June 2019

The best of both worlds in Ras Al Khaimah, where in the frame of a continuous development, the authorities launched a unique product – the Premium Product – combining onshore and offshore features. [..]

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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 type Free Zone Limited Liability Company
Governing corporate legislation Hamriyah Free Zone Authority
Information published relating to company officers Company director names are not disclosed
Confidentiality Complete confidentiality
Accounting requirement No accounting or auditing requirements
Taxation No corporate or personal taxation
Legislation Hamriyah Free Zone Authority 
Standard currency UAE Dirhams pegged to USD
Time to form 15 working days
Communication Efficient communication
Local sponsor requirement Not needed
Residence visa issuance Residence Visa issued
Number of directors needed A 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