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The UAE government is wooing the Indian business community to invest in the Hamriyah Free Zone (HFZ), located close to Dubai & Sharjah.
To educate business prospects, a delegation of senior HFZ officials, will hold meetings in Ahmedabad on 19 October & in Mumbai on 22 October with an aim to promote the free zone sector.
HFZ offers businesses 100% ownership of their respective company along with a world-class infrastructure. In addition, it includes 100% import and export tax exemption, 100% exemption from all commercial levies, 100% repatriation of capital and profits allowed, no corporate profit tax and personal income tax. There is a nominal fee to register office in HFZ and minimal paperwork for company registration. It also offers ready-to-move offices and warehouses for lease and multiple visas for company employees.