AUGUST-SEPTEMBER 2019 | ASIA ONE | 161

amriyah Free Zone Authority was set up on 12 November 1995 in Sharjah

through Emiri Decree No. 6 of 1995 to add value to the country’s economy by drawing reputed asset-based industries, quality trading and commercial organisations to invest in the United Arab Emirates, and at the same time, facilitating them to operate profitably and safely with responsibility towards the environmental and socio-economic concerns. A hub for 6500+ businesses from 163 countries across the world, Hamriyah Free Zone Authority is spread across 26 million square metres.

STRATEGIC LOCATION IMPARTING A COMPETITIVE EDGE Situated at the intersection of Asia, Europe and Africa, Hamriyah Free Zone is home to a growing number of business avenues, giving them on-the-spot trading license and the luxury of setting up their business within an hour in addition to world-class facilities that include offices, warehouses, factories and executive office suites, and over 15 on-site important business services like banking and auditing firms, currency exchanges, conference rooms and staff accommodation.

It is easily accessible to transport goods in and out of Sharjah as it is connected with important highways through Sharjah’s road network to 6 other emirates as well as Oman, Bahrain and other countries. With access to 230+ global cities, Sharjah International Airport provides an edge to the zone in managing the diverse requirements of dynamically evolving markets.

The other advantages offered by the free zone include permission for full foreign ownership; strong land, air and sea connectivity;

H

ICONIC

HAMRIYAH FREE ZONE AUTHORITY

THE GATEWAY TO GLOBAL BUSINESS

Established with an aim to attract leading commercial and asset-based industries in the UAE, Hamriyah Free Zone Authority has established high credibility among

the key business organisations across the world in a short span of time, and offers world-class facilities and

business services to serve a growing market of 1.5 billion people

repatriation of capital and profits; no income, import or export taxes; issuance of a variety of licenses, including commercial, service and industrial; purpose-built office accommodation, warehouse and factory units; renewable long-term lease; access to the UAE and Gulf Cooperation Council markets; cost-effective labour; 24-hour security within the zone; special value-added tax advantages; on-site staff

accommodation; access to a 14-metre deep port and 7-metre deep inner harbour; on-site customs facilities and a single window system for all administrative services.

Well-equipped to offer integrated solutions in refinery, petrochemical and power generation for downstream projects in the UAE, Hamriyah Free Zone is the second largest petrochemical hub in the country with easy access to

the Asian and distant eastern markets. As a green free zone, Hamriyah Free Zone Authority also provides the recycling companies a platform to facilitate environment friendly and sustainable solutions.

As an acknowledgement of its commitment towards business excellence, leadership and best practices with innovative strategies to promote business, Hamriyah Free Zone Authority received ‘The Bizz Awards 2018’ in Prague. It has been awarded Superbrands since 2017 (3 years in a row).

With affordable start up packages and streamlined procedures for setting up a company, Hamriyah Free Zone Authority promotes an entrepreneurial spirit in the country.

SERVICES