The Hamriyah Free Zone is strategically located between the intersection of here continents which makes it a very great and advantageous location for businesses that want to make its presence felt. It was established on November 12 1995 by the Emiri Decree number 6 of 1995. Setting up a business is one of the best and cheapest options available to a businessman. Since its inception, it has become an important pillar in the development of the UAE economy.
The free zone provides a tax-free environment and covers an area of 22 million square meters. The Hamriyah free zone also consists of a 14-meter-deep Hamriyah port which will be expanded in the future. With access to the markets of three different continents, a business in the Hamriyah Free Zone will be able to access more than 1.5 billion people.
A business should look towards Hamriyah Free Zone as an opportunity as the free zone offers many advantages which include the following:
Products / Services Offered
There is a range of products and services available to a business in the Hamriyah Free Zone. These include:
1.HBC Offices
It includes trading and import and export of up to three products or services. The holder company can apply for one visa only.
2.E-Offices
`This allows for import, export, and trading of up to three products or services, and the holding company may apply for up to six visas.
3.Executive Offices
These offices are of premium quality and are very suitable for an MNC. These are equipped with all the requirements which a company can ask for.
4.Warehouse
The Hamriyah free zone provides warehousing facilities to a company. Each of the warehouses is equipped with all the necessary facilities and amenities. The warehoused can further be customized according to the requirement of the business.
5.Plots of Land
Hamriyah Free Zone offers plots of land which can be taken upon lease. This will allow the companies to build a project or infrastructure up to specifications and the requirements of the business
Types of Businesses Available
- Free Zone Establishment (FZE)
- Free Zone Company
- Branch of a Foreign/UAE Company
Hamriyah Free Zone Approved Auditor
Auditing is a very important function that should be performed by every business. Getting the company Audited is very important to understand the present financial condition of the company. Understanding the importance, the UAE Government has made conducting Audit a necessity for every business. It is also to be kept in mind that each free zone has its own approved auditors and have the power to conduct Audit in the Free Zone. Any other Auditing firm cannot conduct an Audit of the company
If you are looking for Auditing services in the United Arab Emirates, then you should check out the services provided by JAXA Chartered Accountants. The experts at JAXA will understand your business and then provide a solution accordingly and will take care that the solution suits the requirements of the business.