Hamriyah Free Zone (HFZ) is an industrial hub for manufacturing companies in the UAE. HFZ is one of the fastest-growing free zones because of its connectivity with other emirates, efficient regulatory measures, favorable business policies, and many more. There is also the requirement for financial audit from HFZA Approved Auditors for registered companies.
The purpose of the Hamriyah Free Zone is to be flexible and dynamic to accommodate business operations as well as maintain its status as an investor-friendly free zone.
Hamriyah Freezone Sharjah gives an opportunity to businesses to perform their operations in a tax-free environment. It also offers full company ownership, profit with commercial charges, and exemptions from the repatriation of capital.
Each free zone in the UAE is administered by a local authority that is responsible to regulate all the business entities that are being operated in the free zone areas. The aim of such regulatory authority is to make sure that environment for businesses is controlled and well-regulated.