Hamriyah Free Zone: Costs, Visas & Banking Full Guide 2026

Hamriyah Free Zone company setup in 2026 starts at approximately AED 11,000 if you choose a virtual office package. Visa and banking costs depend on visa category, status, business activity, and other factors.

Hamriyah Free Zone is particularly a great option if your business is focused on activities across the commercial, industrial, service, or e-commerce sectors. It directly gives you access to the Hamriyah Port and Sharjah’s Port Khalid and Khorfakkan Port, allowing for international trading, alongside the major road and air networks. This is most probably the reason why it has 6,500 registered businesses from more than 160 countries, as current (2026) reports suggest. But before setting up your business, look at the costs that the Hamriyah Free Zone company setup process involves, visa options, banking, and others.

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What Is Hamriyah Free Zone?

What Is Hamriyah Free Zone?

Established in 1995, Hamriyah Free Zone is a commercial and industrial destination in the Emirate of Sharjah. It covers about 30 million square meters; it is considered the 2nd largest free-trade zone in the United Arab Emirates. Moreover, it also features a 14-meter-deep seaport and a 7-meter inner harbor that make international shipping and re-export easier.

The Hamriyah Free Zone company setup offers you:

100% Foreign Ownership
Notable Tax Exemptions
Fast Setup Process
Unmatched Trading Infrastructure

Hamriyah Free Zone Complete Guide to Costs, Visas & Banking

Hamriyah Free Zone Company Setup Costs in 2026

The Hamriyah Free Zone company formation in 2026 starts at approximately AED 11,000 ($3,000) for a basic license, as exclusively listed on the Hamriyah Free Zone Authority (HFZA) official website. However, the total costs are more than just the package itself; factors such as visa needs, workspace, banking, and specific operational plans are some of the deciding factors.

Here is a table showing the approximate costs of the Hamriyah FreeZone company formation:

Cost component	Estimated cost (AED)	Fee type
Basic Licence	11,000	Published by HFZA
Company Registration	9,000	One-time fee; verify current rate
Refundable Security Deposit	5,000	Refundable, subject to terms
Licence and Service Fees for Certain Warehouse Arrangements	8,500	Depends on the package
Office or Flexi-Desk	8,000 to 15,000	Indicative third-party estimate
Visa and Related Processing	3,000 to 6,000 per person	Indicative third-party estimate
Indicative Total Setup Budget	25,000 to over 50,000	Depends on the package and inclusions

Important Note: The table above shows approximate business setup and its related costs, not the exact range. Actual costs depend on the chosen package, and it is recommended to confirm with HFZA or a trusted business setup firm before registration.

Hamriyah Free Zone Visa Options and Quotas

Hamriyah Free Zone offers businesses a wide range of visa options with specific types determined by your facility type, business activity, and visa quota package.

Types of visa options in Hamriyah FreeZone company formation:

Investor and Partner Visa: An investor and partner visa is issued to business owners, shareholders, or the partners of the company. It offers a 2-year residency status with renewal available.

Employment Visa: The employment visa is issued to the employees and managers of the company, with a residency status of 2 years.

Dependent Visa: After business owners obtain their residency visas, they can sponsor their family members, which include children, spouse, and dependent parents.

Also Read: What is the Cost of Living in Dubai for Expats in 2026?

Note: All of the residency visa options are subject to certain eligibility requirements that businesses have to fulfill to obtain one.

Furthermore, visa allocations in the Hamriyah Free Zone are determined by the specific office package you have selected, how big or small the facility is, and other requirements of the business.

Here is a table for visa quotas:

Facility and Package	Visa Quota
Start-Up Business	1 visa
Smart Business	4 to 7 visas
Dedicated Office	2 to 12 visas, depending on package
200 sqm Warehouse	Up to 25 visas
400 sqm Warehouse	Up to 40 visas
600 sqm Warehouse	Up to 50 visas
Industrial Land Lease	Confirm with HFZA

What to Note: These figures given here, in the table, are indicative and may vary by specific package and ongoing HFZA requirements. So, business owners should confirm the applicable quota before initiating the registration process.

Opening a Corporate Bank Account in the UAE

Opening a bank account in the Hamriyah Free Zone, UAE is a wise decision that you, whether as a business owner or an entrepreneur, can make. A separate corporate bank account for your business in the HFZA can help you:

Effectively Manage Business Finances
Receive Payments from Customers and Clients
Make Local and International Transactions
Handle Foreign Currency Payments
Manage Employee Salaries and Payroll
Pay Suppliers and Business Partners

Furthermore, below is a step-by-step process for opening a corporate bank account in the Hamriyah FreeZone company formation:

Obtain License: Acquire a valid trade license matching the business activities, and meet other requirements.

Select Bank: Compare the major UAE banks such as Emirates NBD, Mashreq, RAKBANK, and select what suits your needs.

Submit Application: Submit the application for corporate bank account opening with all the necessary documents.

Compliance and Verification: The specific UAE bank you choose will review the application and verify your identity.

In-Person Verification: You may be required to visit the bank for the final signature. After this, your corporate bank account will be activated.

Some of the common documents required for corporate bank account opening:

Passport Copies of owners, shareholders, and directors
Emirates ID (if you are already residing in the UAE)
A valid trade license
Certificate of Incorporation
Memorandum and Articles of Association (MOA and AOA)
A Board Resolution
An Ejari Certificate
Proof of residential address

Is Hamriyah Free Zone Right for Your Business?

Here is how the Hamriyah Free Zone is different from others:

The Feature	What Makes it Different
Port Access	14-metre-deep port and 7-metre-deep inner harbour.
Industrial Land	Over 30 million sqm of industrial land; plots start at 2,500 sqm.
Warehouse Options	Ready-built warehouses of 200, 400 and 600 sqm.
Office Packages	Office spaces start at 10 sqm.
Visa Allocation	Office packages offer approximately 1–12 visas; warehouse packages offer 25–50, depending on size.
Industrial Leasing	Renewable 25-year leases, with land rates fixed for the first 5 years under stated terms.
Foreign Ownership	100% foreign ownership is permitted.
Licence Options	3 main types: commercial, service, and industrial.
Licence Processing	HFZA states that a licence can be issued in as little as 1 hour after all required documents are submitted.

Conclusion

Hamriyah FreeZone company formation is a process of setting up a business in a location that offers you direct access to international trading through major ports, air, and road transport. With a fast licensing option, business owners and entrepreneurs can prepare an estimate of the costs required in the setup process. They also must know about visa options, quotas, banking, and other important information to make their business formation a simple process.

If you are looking for business setup support in Hamriyah Free Zone, you can connect with Arabian Wingz. As a business setup consultant and financial advisory firm in Dubai, we guide businesses through the whole Hamriyah Free Zone setup process. With documentation preparation and understanding the costs of the overall process, we make everything easy-going. Thus, connect with us today and get your Hamriyah Free Zone company formation.

Also Read: Setting up a Business in Dubai: Your Step-by-Step Guide