GCC Enterprise Awards 2017

12 MEA MARKETS / APRIL 2017 , Hamriyah Free Zone Authority (HFZA) is the 2nd largest and fasted growing Industrial Free Zone of UAE spread across 22 square kilometres of prime land which hosts more than 6,500 companies fromover 160 countries, employingmore than 50,000 people. We profile the zone to find out more about this innovative approach. Best Government Administration Service - UAE In business, speed matters, and with Hamriyah Free Zone, 60 minutes is all it takes to set up your business and receive your trade license on the spot. Sharjah, in the United Arab Emirates, is playing an important role as the pre-eminent industrial base of the UAE, with its unique strategic location between three continents, serving a growing market of two billion people. Sharjah is the only one of the seven Emirates with ports on the Arabian Gulf’s west coast and east coast with direct access to the Indian Ocean, and an international airport which connects to 230 cities. It also has a well-developed infrastructure, geared to industry at all levels to serve Gulf, regional and international markets. HFZA was established by an Emiri decree issued in November 12, 1995. It is located in Sharjah, United Arab Emirates, which gives the free zone a unique geographic and time zone advantage backed by a secure and fully convertible currency and a multi-access to neighbouring and global countries through land, sea and air. Hamriyah Free Zone is fast becoming one of the cornerstones of the United Arab Emirates’ industrial development. As the Next Generation Free Zone, Hamriyah Free Zone is ensuring that its management is flexible and dynamic besides being an investor oriented free zone which issues Trade License in just an hour’s time. The zone has world class infrastructure and is challenged to provide competitive incentives and unique opportunities to establish a business in a tax-free environment (no corporate and personal income tax, no import and export tax), full (100%) company ownership, exemptions from all commercial levies and 100% repatriation of capital and profits, sponsorship and visas for all staff, 24x7 operational freedom. The free zone manages an area of approximately twenty-two million square meters of prime industrial and commercial land and a 14-meter-deep water port which includes room for expansion. HFZA has largest Steel Zone, 1st Food Park, 2nd largest Marine, Petrochemical, Oil & Gas Hub of UAE and known as the Primary Hub for Steel, Petrochemicals, Oil and Gas, Maritime, Timber, Construction, Food and Perfume in the region. Every business zone of HFZA has been designed to cater to the needs of investors in order to aid business operations, ensuring that you get the best out of stationing your base in HFZA. Uniquely located at the intersection between three continents connected to 230 cities by Land, Sea and Air allowing you to serve a growing market of 2 billion people, Hamriyah Free Zone is your gateway to global business. The zone’s world-class facilities include 14 meter deep water port and 7 meter deep inner harbour, logistics facilities, offices, warehouses, factories, retail outlets, executive office suites and developed land. It also has on-site over 15 key business MAB17015 services, like customs, medical centre, telecommunication services, banking and auditing firms, currency exchanges, conference rooms, food court, restaurants, staff accommodation for 20,000+ people and more. In addition, HFZA’s port and logistics facilities, strategic location, proximity to major markets, connectivity through land, air and sea, availability of abundant land, low cost energy, water and availability of cost effective work force, onsite labour accommodation makes the zone unique, which provide its valued investors distinct edge over its competition.