How To Start A Business In Hamriyah Free Zone

Submitted by: John Crego

When most people think of the United Arab Emirates, they think of Dubai or even Abu Dhabi. Rarely they do think of Sharjah or have even heard of it. Sharjah is a more traditional Emirate in terms of culture and living. It is not as big as Dubai or Abu Dhabi, but there are great advantages to living and working in Sharjah. It is also a great place to setup your own business and an alternative to the high prices of Dubai and Abu Dhabi. People who wish to start a Trading Company or even a Professional Consultancy often setup in Sharjah.

Hamriyah Free Zone Trade License

Many Expats choose to open their businesses in a Free Zone so that they have 100% ownership of their company and have complete control. The Hamriyah Free Zone is one of the best and cheapest options in the UAE. The Free Zone specializes in Steel, Perfumes, Timber, Maritime, Petrochemicals and Oil & Gas where they have specific zones setup to cater to these industries. You can get a Five-Activity Commercial Trade License in the Hamriyah Free Zone for 25,000 AED and that will also give you 4 visa allotments. The activities do not have to be in a similar field and can be quite different. For instance, we just assisted our client in setting up his license in the Hamriyah Free Zone and it gives him the ability to trade in foods, building materials, petroleum products, chemicals and furniture. He can trade in all of these items under just 1 license for just 25,000 AED. Also for the same price, you can get a license for a Professional Consultancy such as Management, Marketing and Information Technology. Keep in mind that if you want to start a Professional Consultancy, you will need to have an Attested University Degree.

Included in the price of the license is the rent for an E-Office which is a 10m2 office space and is similar to a virtual office. Many other free zones charge separate fees for the license and the rent for an office and this could greatly increase your budget. Many clients find it particularly attractive that you can get a small office and a license for 25,000 AED. Of course, if your business requires a larger office space, that option is available. The Hamriyah Free Zone can also provide warehouses for leasing and land to build your own warehouse on. There are not many free zones in the UAE that allow you to build your own facilities and this is just another great example how the Hamriyah Free Zone provides options and flexibility to clients.

Business Plan Starting a Business in Hamriyah Free Zone

Starting a business in the Hamriyah Free Zone is not a difficult process at all. In fact, you can get your license in as little as 2 working days. Your first step is to come up with different business ideas and determine what type of business you want to start. You may have a particular field that you are interested in, went to school for or were trained in but the bottom line is that you want to choose an idea that you think you would be successful in. Once you know what you want to do, you need to develop a business plan and this perhaps is the most important step toward opening a business. A good business plan takes time to develop and it provides the mission of your company, what business activity you will be engaging in, how you plan to be successful and how you intend to achieve your goals. The plan should describe the actions you will take, the projected earnings of your business and how investors will see a return on their investment. A large part of the plan is conducting market research where you find out everything there is to know about your particular field of interest, including the costs for opening your business, and studying your competitors to see what makes them successful. Once you know your competition, it is easier to determine how you intend to be more successful than them. Writing a good business plan is no easy task and if you are not sure how to do it, you shouldn t worry because there is plenty of help available to you. You can either consult with a friend who has knowledge of business plans or you can go with the most popular option today, an internet search. If you search business plan , you will find many pages of useful information and the best part about this, the information is free. As I mentioned earlier, a business plan is one of the most important pieces to opening a business and something that you should invest time and resources on.

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About the Author: John perfected his superb customer service and management skills while working for some of the biggest financial firms in the United States. His focus on making sure clients receive the best customer service is why you ll love having a free consultation with him.Website:

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