UAE has already established itself as a Global Shipping Hub. As it is one of the major trade links between the East and the Western world, the Ports of UAE are one of the busiest in the world.
The Ports of the UAE offer exceptional services ranging from import/ export of goods to ship repairing and refueling, etc. The UAE has become a major part of the Global Shipping Industry, with 50% of the world’s trading fleet passing through UAE.
Some of the key Freezones for Trading, Shipping, Logistics, and Warehousing Business are:
- Sharjah Airport International Freezone (SAIF), Sharjah
- Hamiryah Free Zone Authority (HFZA), Sharjah
- Khalifa Industrial Zone Abu Dhabi (KIZAD), Abu Dhabi
- Ajman Freezone (AFZ), Ajman
- Jebel Ali Freezone (JAFZA), Dubai
1. Sharjah Airport International Freezone (SAIF), Sharjah
Sharjah Airport International Freezone is one of the most popular choices for investors in the UAE. The proximity to the Khalid Seaport and the Sharjah International Airport is making this Freezone a critical part of the Sharjah’s business and economic landscape.
The Company Registration in SAIF Zone is completed within a 24 hour period. The SAIF zone offers its investors all required business support services for their new business. Ranging from single office space to entire manufacturing facilities and warehouses, the SAIF has all that an investor is looking.
Key Benefits to the Investors
- 100% foreign ownership
- 100% repatriation of capital and profits
- 100% free transfer of finds
- World class business infrastructure
- Global Connectivity via Airport, Seaport, and roads
- Choice of location for business & plots in different sized pre-build warehouses and office spaces
- Hotline service facility for equipment and provision of labor in cargo operation available 24*7
Facilities offered by SAIF Zone
- World-Class Offices
- Industrial Parks
- Land on Lease
- Prebuilt Warehouses
- Temporary Warehouses
- SAIF Zone Labour Accommodation
More than 6500 companies have their presence in the SAIF Zone. It has grown to one of the most sought-after investor locations of UAE due to its strategic location and well-connected mode of transport to facilitate global trade.
2. Hamriyah Free Zone Authority (HFZA), Sharjah
The Hamriyah, Sharjah is one of the best and cheapest option in the UAE for company registration. Also, the Hamriyah Freezone Authority allows you to register your company in just an hour’s time. Yes, you heard it right.
Hamriyah Freezone is well connected with the key highways of UAE, Oman, Bahrain and rest of the GCC. Also, the proximity to the Sharjah International Airport, Sharjah Container Terminal, and the Hamriyah Port is a key advantage for HFZA. It helps in facilitating faster trade operations with the international markets.
Sharjah Container Terminal
The Sharjah Container Terminal is a strategic loading terminal for containers that travel globally. Together with the Khorfakkan Container Terminal, the Ports of the Northern Emirates manage more 30 shipping lines connected to more than 100 countries daily.
Associated with the Hamriyah Port is the Hamriyah Free Zone (HFZ). It is an industrial and commercial area with an international business center, 100 executive suites, modern amenities, and a host of benefits for the investors.
Benefits of Hamriyah Freezone
- 100% Foreign Ownership
- Full Duty Exemption
- Profit and Capital Repatriation
- 15 Years Leases and Renewable for 15 years
- Corporate and Personal Tax Exemptions
- Good Transportation Links
- World Class Logistics Support
- Warehousing Facilities
- and many more
The Hamiriyah Freezone is the 2nd largest Industrial Freezone in the UAE spread across approx. 26million square meters. It is home to over 6,500 businesses from 163 countries. The world-class facilities including offices, warehouses, factories, and executive office suites.
Hamriyah freezone also has over 15 on-site business services like banking & auditing firms, currency exchanges, conference rooms, staff accommodation, etc.
Industries Having their Presence in the Hamriyah Freezone
- Building Materials
- Food Processing
- Heavy Industry
- Logistics and Transportation-
- Oil and Gas
- Perfume and Cosmetics
Business License Types available in Hamriyah Freezone
- Industrial License – For importing raw material for the purpose of manufacturing, processing and/or assembly of specific products.
- Commercial License – To import, export, sell, distribute and store items specified on the approved license
- Service License- To carry out services that are specified on the approved license
For all licensing types, the finished products are to be sold in the UAE market only with a local distributor or a local agent
3. Khalifa Industrial Zone Abu Dhabi (KIZAD), Abu Dhabi
The KIZAD is a Free Trade Zone located near the state-of-the-art Khalifa Port for trading, logistics, and manufacturing. KIZAD offers world-class infrastructure for companies to facilitate regional and international trade.
KIZAD provides a host of business-setup services for company registration. It consists of customized business facilities for investors who are looking for a strategic location for their import/export operations.
KIZAD consists of business infrastructures such as flexible workstations/dedicated desks, world-class warehousing facilities, easy access to the Khalifa Port, well connected by roads, and Airports.
The sophisticated transport infrastructure with a multi-connectivity through road, air, and the future rail networks is a key highlight of this region. KIZAD connects you to the international markets through the Khalifa Port. The Port is connected to 20 Major shipping lines and 60 destination ports.
The Khalifa Port is one of the world’s most advanced deep-sea Ports and regions first semi-automated Port.
The KIZAD has a wide portfolio of investments ranging from companies in aluminum, automotive, engineering, port logistics, packaging, food processing, etc.
The KIZAD Freezone region is spread across 100 Square KM with a top class business park, business center, retail stores, town center, residential developments, etc.
The KIZAD Freezone is an integral part of the Abu Dhabi Economic Vision 2030 (A road map for sustainable growth of the emirate’s economy and prosperity of the people). With the top class business infrastructure, logistics support, and the access to Khalifa Port, KIZAD has already transformed into a major logistics, trade and industrial hub of the UAE.
4. Ajman Freezone (AFZ), Ajman
Ajman Freezone is as another strategic location for company registration in UAE. The Ajman Freezone is located near to the Ajman Port region. The Ajman Port serves more than 1000 vessels every year and has emerged as a key Seaport of the UAE.
The Ajman Freezone provides an attractive investment opportunity to its investors. It offers Tax benefits, flexi-offices, 100% foreign ownership, 100% legal exemption of import-export duties, low-cost energy, 20-year land lease, etc.
Types of Business Set Up in the Ajman Freezone
The Ajman Freezone authority allows 4 types of business setups
1. Ajman Freezone Entity
2. Ajman Freezone Company
3. Branch of a Local Company
4. Branch of a Foreign Company
License Types available for Businesses in the Ajman Freezone
- Trading License
- E-commerce Licence
- Professional Services License
- Industrial License
- National Industrial License
- Offshore License
For trading, logistics and shipping companies, the Ajman Freezone is the best fit. It provides the investors with quick business setup & issuance of a license, high-quality business support infrastructure, multi-purpose Smart Warehouses of various sizes, and access to the Ajman Port and other major Seaports.
The Ajman Freezone is also well connected to the International Airport and also by road to the UAE and rest of the GCC region. The strategic location of the Ajman Freezone has made it an investor’s favorite choice especially for those looking at international trade and global operations.
5. Jebel Ali Freezone (JAFZA), Dubai
Jebel Ali Freezone is one of the leading Freezones in the UAE. JAFZA has gained its position as the most competitive location to establish business and gain results. JAFZA has been designed to cater to the unique needs of manufacturing and trading companies in the UAE region.
JAFZA has more than 8,600 companies registered (Nearly 100 Global Fortune 500 enterprises). Most of the companies have set up their regional headquarters in JAFZA.
The Jebel Ali Port offers connectivity to 140 locations, it consists of an air-sea corridor, a Freezone that offers a world-class system for trade facilitation in UAE as well as globally.
Also, the Dubai World Central (DWC) region near to the Jebel Ali Freezone comprises of several strategic components – the Al Maktoum International Airport (AMIA), Logistics District, Aviation District, Business Park, Commercial District, Residential District, Golf District, Exhibition District, and a Humanitarian District.
The Dubai World Center is one of the major investment of the UAE Government to promote International Trade, logistics, and Shipping operations. With the complete development of the DWC region, the Jebel Ali Freezone will be one of the most sought after the business center of the UAE.
Based on business activity, license type, infrastructure support, budget, location, etc., there are innumerable options for investors.
Across various Freezones of the UAE, the Company Registration process varies, and in common, there is a requirement of some paperwork, document submission, clearance certificates, etc. Also based on the business activity, there are certain regulations too.
Hence, for setting up your business in the UAE, the best is to team up with a registered business consultant. The seasoned business consultants would better assist you with the varying processes and complexity and will result in a hassle-free business setup of your dream company.
For any assistance on Freezone Company Formation, have a quick chat with us!
Contact: Aurion Business Consultants