Calculate the exact government registration fees, visa quotas, banking options, and corporate tax substance rules for a Petroleum & Petrochemical Trading company in Hamriyah Free Zone, Sharjah.
A Petroleum & Petrochemical Trading company in Hamriyah Free Zone, Sharjah, costs from AED 12,000 in Year 1, covering government registration and license fees. Registration takes 2-4 working days and bank-account approval is 85%. It suits Industrial and trading, deep-water port access, heavy industries.
| Jurisdiction | Baseline Gov Fee | Processing Speed | Banking | Suited For |
|---|---|---|---|---|
| AED 12,000 | 2-4 days | Moderate | Industrial and trading, deep-water port access, heavy industries | |
KIZAD - Khalifa Industrial Zone Abu DhabiSourced from public records | AED 9,450 | 3-7 days | Moderate | Industrial and manufacturing hub, port access, large-scale operations |
Fujairah Oil Industry ZoneSourced from public records | AED 21,000 | 5-10 days | Moderate | Specialised oil industry zone in Fujairah |
Fujairah Free ZoneSourced from public records | AED 21,500 | 2-4 days | Moderate | Low-cost setup, port access, industrial and trading activities |
JAFZA - Jebel Ali Free Zone AuthoritySourced from public records | AED 40,211 | 3-5 days | Easy | Largest free zone, logistics hub, port access, trading and industrial activities |
DMCC - Dubai Multi Commodities CentreSourced from public records | AED 49,004 | 3-5 days | Easy | Premium Dubai address, commodities trading, highest international recognition |
Industrial and trading, deep-water port access, heavy industries
Petroleum extraction and refining are not qualifying free zone activities and are subject to the standard 9% corporate tax rate, plus potential additional levies under UAE petroleum legislation. Petroleum products supplied domestically attract 5% VAT.
Competitive. Warehouses and offices are 30-50% cheaper than Dubai, with warehouse rates starting from AED 25-40 per sq ft.
Tri-port access. Direct links to Sharjah International Airport (air cargo hub) and marine ports on both the Arabian Gulf and Gulf of Oman.
Large industrial and manufacturing workforce, with easy access to commuting professional talent from Dubai.
July 2025: Expanded investor access to strategic energy sector opportunities with ADNOC
July 2025: Organized 'Your Safety is Our Priority' campaign for free zone companies
April 2025: Won Global Free Zone of the Year awards 2024, ranked second globally
January 2024: Halliburton signed agreement for drilling tool calibration facility
Company setup in Hamriyah Free Zone starts from AED 12,000 per year.
Hamriyah Free Zone processes company registrations in 2-4 working days.
Bank account approval probability is 85%. Banking difficulty is rated Moderate.
Most UAE free zones including Hamriyah Free Zone allow remote company incorporation. Bank account opening may require an in-person visit.
Hamriyah Free Zone does not require paid-up share capital for most standard license types. Share capital is notional.
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