Established by an Emiri decree in November 1995, HFZA today is one of the fastest growing and most dynamic free zones in the world housing more than 4,700 companies representing 135 countries. Located in the heart of the capital of the Arab culture, Sharjah, United Arab Emirates, HFZA is a strategic gateway between three continents and emerging markets in Asia, Europe and Africa providing access to more than 1.5 billion consumers.
Thanks to its unique location, HFZA has direct access to Arabian Gulf and the Indian Ocean, and an international airport which connects to 230 cities, besides three world-class seaports providing east and west access.
Created to empower and foster business, industrial and economic growth in an environment free of bureaucracy and red tape, the 15-year old free zone continues evolving with an average annual growth rate of 33%. HFZA offers an array of business incentives that includes 100% ownership, full repatriation of capital and profits, no taxes or commercial levies, long lease agreements for up to 25 years renewable for a similar period and state of the art infrastructure to further encourage businesses development.
Small and medium sized enterprise (SME) sector
True to its vision of creating an affordable yet world class free zone, Hamriyah Free Zone Authority has formulated explicit policies and designed special programs to strengthen the small and medium sized enterprise (SME) sector. Hamriyah SME Zone offers seven strategic clusters comprising of the oil and gas zone; petrochemical zone; steel city; construction world; timber land; maritime city and perfume land. These magnificent zones are complimented by e-office packages to ensure smooth start up for small operations. The innovative approach has already attracted hundreds of SMEs from the across the globe.
Investor oriented free zone
In line with its strategy of achieving sustainable development, HFZA management introduces the Hamriyah She-Q Club, a HFZA-HFZ Investor's friendly platform encompassing safety, health and environment quality concepts. The mandate of the Hamriyah She-Q Club is to promote quality, occupational safety, elevate health and environmental awareness among all HFZA investors and share knowledge, expertise and industry best practices through constant learning initiatives and training programmes.
Prime industrial and commercial land
Whether it's a multinational expanding operations or a small exporter with big dreams, HFZA today offers a range of services and facilities for every need and budget. From land lease for 25 years, pre-built warehouses, factories to executive office suites, HFZA has more than 22 million square meters of prime industrial and commercial land and a 14m deep water port designed to accommodate VLS vessels. Clearly, the Hamriyah Free Zone in Sharjah ticks all the right boxes for business.