Company Formation in Al Hamriyah
Al Hamriyah Free Zone is an emerging free zone in the UAE known for its simplicity, speed, and security in company formation. It offers businesses a strategic location with access to key global markets and a friendly business environment
Company Formation in Al Hamriyah
Al Hamriyah Free Zone is an emerging free zone in the UAE known for its simplicity, speed, and security in company formation. It offers businesses a strategic location with access to key global markets and a friendly business environment.
Types of Licenses in Al Hamriyah
- Trading License
- Industrial License
- Service License
- Professional License
Procedure for Al Hamriyah Company Formation
Business Plan Submission
Prepare and submit your business plan and other required documents for initial approval. This includes the company’s nature of business, intended activities, ownership details, and the preferred type of license.
Initial Approval
Once your business plan is reviewed and approved, you will receive initial approval to proceed with the company formation process
Select Premises
Choose the type of office space you require, whether it be a flexi desk, executive office, warehouse, or industrial land. The lease agreement will be prepared upon selection.
Apply for License
Submit the application for the type of license you require – Commercial, Industrial, or Professional, depending on your business activities. Provide all necessary documents, including passport copies, application forms, and other legal documents.
Pay the Fees
Upon approval of your license application, you will be required to pay the respective fees for license issuance and lease of your chosen premises.
License Issuance
Upon successful payment, the Al Hamriyah Free Zone Authority will issue the license, lease agreement, and other related documents.
Open a Bank Account
With all the legal documents, you can proceed to open a corporate bank account for your company.
Process Visas
Finally, you can process visas for your employees and dependents if applicable.
Our Al Hamriyah Company Formation Services
Consultation and Planning
Our experienced consultants will provide you with an in-depth understanding of the Al Hamriyah Free Zone rules, regulations, and benefits. We assist you in making informed decisions by evaluating your business model, growth plans, and industry requirements.
License Assistance
Our team guides you through the entire process of obtaining the appropriate license, be it a commercial, industrial or professional one. We help you understand the requirements for each type of license and assist in gathering and submitting the necessary documents.
Documentation and Legal Formalities
We handle all the paperwork related to the company formation process. This includes the preparation and submission of the application forms, the Memorandum and Articles of Association, and other required legal documents.
Bank Account Opening
As part of our services, we also assist in opening a corporate bank account for your newly formed company. We guide you through the procedures and requirements set by the UAE banks.
Office Setup Assistance
We provide assistance in finding suitable office spaces or warehouses based on your business needs. We also guide you through the registration and lease agreement process.
Visa Services
Our team assists you with the process of applying for visas for your staff, dependents, and investors. We help with the medical tests, emirates ID registration, visa stamping, and renewals.
Post Incorporation Services
After the formation of your company, we offer a variety of post-incorporation services such as bookkeeping, accounting, VAT registration, auditing, and payroll services. This allows you to focus on the growth of your business while we handle the regulatory aspects.
Benefits of Al Hamriyah Free Zone Company Formation
Strategic Location
Al Hamriyah Free Zone is located in Sharjah, the third-largest emirate in the UAE. Its location provides excellent connectivity to local and international markets, being proximate to the Sharjah International Airport and major seaports.
Tax Benefits
Companies in Al Hamriyah Free Zone can enjoy 100% exemption from corporate, income, and personal taxes. There’s also no customs duty for goods and services within the free zone.
No Restrictions on Repatriation of Profits
There are no restrictions on capital repatriation or transfer of profits made in the free zone to a foreign account.
Ease of Doing Business
Al Hamriyah Free Zone provides a seamless and hassle-free business setup process. Businesses also benefit from efficient administration services, including quick document processing, licensing, and visa applications.
State-of-the-art Infrastructure
The free zone offers modern facilities like offices, warehouses, and industrial lands that can cater to the needs of various types of businesses.
frequently asked questions
The company setup process can typically be completed in 2-3 weeks, once all the required documentation is in place and submitted. The timeframe can vary based on the specifics of each case.
Al Hamriyah Free Zone allows for the issuance of visas for your employees, with the number of visas being linked to the size of the office space or warehouse that you lease.
Al Hamriyah Free Zone allows for the issuance of visas for your employees, with the number of visas being linked to the size of the office space or warehouse that you lease.
Yes, a company formed in Al Hamriyah Free Zone can conduct business internationally and with other Free Zone companies in the UAE. However, for mainland UAE operations, you may need a local distributor or agent.
Why Choose ADEPTS
Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.
